Latest News
POET Technologies: After a Volatile Week, What Lies Ahead?
POET Technologies shares fell 7.3% on Friday to $12.29, capping a week of nearly 16% decline, while the Nasdaq rose 2.4%. The company raised $400M in a direct offering but faces lawsuits and uncertainty after losing Celestial AI orders.
Micron Joins Trillion-Dollar Club; Key Week Ahead May Set Direction
Micron's market cap surpassed $1 trillion as shares closed at $971. Analysts raised price targets sharply on tight HBM supply and AI demand. Samsung's new HBM4E chip adds competitive pressure.
Estonia Approves Tesla FSD, Market Awaits Monday Trading Session
Tesla shares gained 2.3% last week after Estonia approved its FSD system. U.S. markets will react Monday, with European registrations up 46.5% in April.
SoFi Stock Rises 17% After Stablecoin Launch, Monday Open Key
SoFi Technologies shares surged 17% last week after launching its SoFiUSD stablecoin. The stock closed at $18.22 with a market cap near $25.1B.
XRP Holds Steady Near $1.34 Despite Mixed ETF Flows and Policy Uncertainty
XRP remains near $1.34, down 2% for the week, as US spot ETFs attract $35 million in inflows while broader crypto outflows and policy delays keep the token rangebound.
Nokia Shares Face Key Test After AI Rally Stalls
Nokia shares dropped 6.27% in Helsinki, ending a rally fueled by AI optimism. The stock is now 10.74% below its 52-week high, with investors eyeing the Bank of America conference.
Gold Steadies Amid Jobs Data Anticipation, Monthly Loss Persists
Gold rose Friday but ended May down over 1%. U.S. jobs data due June 5 will test the outlook as the Fed holds rates steady and physical demand remains weak.
Iren Faces Investor Scrutiny After Turin Power Outages
Iren shares slipped 1.25% last week after Turin blackouts highlighted grid upgrade needs. The utility spent €100M on local power lines and approved an 8% higher dividend.
