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EVI News30 articles
Nokia Secures FCC Approval for Broadband Devices, Optical Market Poised for Growth
Nokia shares gained 3.37% in Helsinki after the FCC conditionally approved its Beacons and ONT devices. Dell'Oro Group predicts the optical transport equipment market will grow 16% in 2026, fueled by AI data centers.
Analog Devices Reports Record Quarter, Acquires Empower for $1.5B
Analog Devices beat Q2 estimates with 37% revenue growth to $3.62B, forecast Q3 above expectations, and announced a $1.5B cash acquisition of Empower Semiconductor to boost AI power delivery capabilities.
Nvidia Q1 Earnings Preview: AI Chip Giant Faces Key Test on Data Center Demand
Nvidia reports fiscal Q1 earnings on May 20, with analysts expecting revenue near $79 billion, up 80% YoY. Options traders price a 6.5% one-day move, as the market watches for AI data center spending cues.
Wellgistics Health Surges 108% on Strategic Review, Earnings Ahead
Wellgistics Health shares skyrocketed 108% on Monday after the company withdrew proxy materials to explore strategic transactions, with first-quarter earnings due Tuesday.
Compass Pathways Surges Premarket on Accelerated FDA Review for Psilocybin Drug
Compass Pathways shares surged 19.5% in premarket trading after the FDA cleared a faster review path for its COMP360 psilocybin depression treatment. The company will discuss next steps at the RBC Capital Markets conference.
Dow Plunges 406 Points as Oil Spike Revives Fed Rate Hike Fears
The Dow Jones fell 406 points on Friday, dropping below 50,000 as oil and bond yields surged, reigniting fears of Federal Reserve rate hikes in 2026.
Archer Aviation's $8M Stock Issuance Revives Cash Burn Worries
Archer Aviation files to issue $8M in stock to vendors and register 3.27M shares for resale, intensifying cash burn scrutiny after a $217.7M Q1 loss.
Bill Ackman's Microsoft Stake Revives Wall Street Scrutiny of AI Spending Plans
Pershing Square, led by Bill Ackman, disclosed a new Microsoft stake as shares fell 15% this year amid AI spending concerns. The $190 billion capex plan for 2026 faces fresh scrutiny.
Oil Price Surge Revives ECB Rate Hike Bets, European Stocks Slide
European stocks declined Friday as stalled US-Iran talks pushed oil prices higher, reigniting inflation fears and expectations for ECB rate hikes. The STOXX 600 fell 0.8%.
TSMC Revises Global Chip Market Forecast to $1.5 Trillion, Highlighting AI-Driven Capacity Squeeze
TSMC increased its 2030 global semiconductor market forecast to $1.5 trillion, driven by AI demand. AI and high-performance computing are expected to represent 55% of the market.
SoFi Acquires PrimaryBid Tech to Boost Retail IPO Access Amid Market Revival
SoFi Technologies acquires PrimaryBid's technology to deepen retail investor access to IPOs and capital raises, capitalizing on a resurgent US IPO market.
Applied Materials Earnings Preview: AI Demand vs China Export Risk
Applied Materials reports fiscal Q2 earnings Thursday. Options markets signal a potential 7% stock move amid AI demand and China export risks.
Trump-Brokered Boeing Deal with China Could Revive 737 MAX Orders
A potential order of up to 500 Boeing 737 MAX jets from China could be announced during Trump's Beijing visit, marking a pivotal moment for Boeing and U.S.-China trade talks.
OpenEvidence Partners with SSO, Pushes AI Deeper into Cancer Surgery
OpenEvidence partners with the Society of Surgical Oncology to integrate clinical content into its AI platform and launch a $100,000 grant for surgeon-led research.
Byron Allen's $120M Bet Revives BuzzFeed Stock, But Turnaround Uncertain
BuzzFeed shares nearly doubled after Byron Allen's family office agreed to buy a controlling stake, but the deal is mostly debt and the company still faces a going concern warning.
Philip Morris Rallies on FDA Nicotine Pouch Policy Shift, ZYN Ultra Hopes Revived
Philip Morris shares jumped 6.5% on Monday after the FDA eased enforcement threats against nicotine pouches, raising hopes for ZYN Ultra's U.S. launch despite ongoing regulatory uncertainty.
Analog Devices Reaches 52-Week High Ahead of Q2 Earnings Report
Analog Devices closed at a 52-week high of $416.52 ahead of its May 20 fiscal Q2 earnings report, with revenue guidance of $3.5 billion and adjusted EPS of $2.88.
Moderna Jumps 10% on Hantavirus Vaccine Push as Cruise Ship Outbreak Revives mRNA Hopes
Moderna shares rose 10% on Friday after the company revealed early-stage work on a hantavirus vaccine, spurred by a deadly Andes virus outbreak on the MV Hondius cruise ship.
SoundHound AI Earnings Preview: Options Signal 16% Swing as OASYS Launch and LivePerson Deal Loom
SoundHound AI shares rose 2.3% to $9.59 ahead of Q1 earnings. Options pricing implies a nearly 16% swing. Wall Street expects $42.56M in revenue and a 5-cent loss per share.
Bayer's $2.45B Perfuse Buy Aims to Revitalize Eye Drug Pipeline
Bayer acquires Perfuse Therapeutics for up to $2.45 billion to secure Phase II eye drug PER-001, aiming to bolster its ophthalmology unit as Eylea sales slip.
TSMC Stock Surges as Longtan Fab Plan Revived
TSMC shares surged 6.56% after the company revived its Longtan wafer fab plan, with strong AI demand boosting Q1 revenue to NT$1.134 trillion.
Coinbase Shares Surge as Senate Compromise Revives Stablecoin Regulation Bill
Coinbase shares climbed Monday after a Senate compromise on stablecoin rewards revived the CLARITY Act, which had been stalled for months.
BlackBerry Rises 13% Premarket as QNX Software Drives Revival
BlackBerry stock jumped 13% premarket Monday after a Wall Street Journal profile spotlighted its QNX software, now in 275 million vehicles and accounting for half of revenue.
IonQ Q1 Earnings Preview: Revenue Targets and SkyWater Deal Under Scrutiny
IonQ reports Q1 earnings May 6 with $48-$51M revenue guidance and up to $330M adjusted EBITDA loss. SkyWater acquisition faces FTC review.
TSMC's Longtan Revival: AI Chip Expansion Faces Hurdles
The Longtan Science Park expansion has been revived, potentially hosting TSMC's next-gen chip fabs with up to NT$600 billion in investment, pending land and environmental approvals.
Soaring Gas Prices Revive EV Budget Debate as Average Hits $4.45
U.S. gas prices surged to $4.45/gallon, sparking renewed interest in electric vehicles despite a 27% Q1 sales drop. The average new EV price fell to $54,508, narrowing the gap with gas models.
Lattice Semiconductor Earnings Preview: High Hopes After Sharp Rally
Lattice Semiconductor reports Q1 earnings Monday with shares near record highs. Analysts project 37% revenue growth, putting pressure on the company to deliver strong results and guidance.
Disney Faces FCC License Review Ahead of Earnings Report
The FCC has ordered Disney's ABC to file early license renewals for eight major TV stations by May 28, citing potential anti-discrimination violations, just days before Disney's quarterly earnings report.
Lumen Technologies Q1 Earnings Preview: AI-Driven Strategy Faces Revenue Decline
Lumen Technologies is set to report its first-quarter earnings on May 5, with expectations of a loss as the company shifts focus to AI and enterprise fiber.
Zeta Global Stock Surges on AI-Driven Revenue Jump and Revised 2026 Outlook
Zeta Global shares climbed after Q1 revenue jumped 50% to $396.3M, beating consensus, as its Athena AI agent drove strong adoption and super-scaled customer growth.