HOVR
HOVR
NASDAQ · Aerospace & Defense

New Horizon Aircraft Ltd

$2.61
+0.33 (+14.47%)
As of May 9, 2:07 AM ET ·
HOVR News30 articles
Realty Income's New 150M Share Plan: A Strategic Shift in Capital Structure
Realty Income's new ATM program for up to 150 million shares could dilute existing holders by 16% as it seeks to fund a raised $9.5 billion investment plan for 2026.
Analysis
ServiceNow Stock Dips Despite AI Platform Push and New Partnerships
ServiceNow shares fell 2.6% Friday as investors weigh AI risks. New tools and partnerships aim to bolster the platform's governance story.
Technology
Microsoft's AI Bet Faces New Scrutiny After Major Fund Cuts Stake
TCI Fund Management cut its Microsoft stake from 10% to 1%, citing AI risks. MSFT closed at $415.12. Azure grew 40% in Q3, but rising capex and competition raise questions.
Technology
Paramount Skydance's $111B Warner Bros. Deal Faces New Regulatory Hurdles in California
California Democrats and press-freedom groups are urging regulators to scrutinize Paramount Skydance's $111 billion acquisition of Warner Bros. Discovery, citing job losses and editorial independence issues.
Regulation
KC-135 Tanker Emergency Over Qatar Renews Scrutiny of Aging Fleet
A US KC-135 Stratotanker declared an emergency over Qatar, highlighting the strain on the aging tanker fleet amid heightened tensions with Iran.
Markets
Wall Street Hits New Highs on Tech Surge; Dow Flat Despite Jobs Data
The S&P 500 and Nasdaq hit record highs Friday, driven by AI and semiconductor stocks, while the Dow Jones barely budged after a solid jobs report.
Markets
AI Rally Drives S&P 500 and Nasdaq to New Highs Despite Oil Price Surge
The S&P 500 and Nasdaq closed at record highs Friday, driven by AI chip stocks and a better-than-expected April jobs report, even as oil prices climbed. Nvidia, Micron, and SanDisk posted strong gains.
Markets
S&P 500 and Nasdaq Scale New Peaks on Robust Jobs Data
The S&P 500 and Nasdaq reached all-time highs midday Friday, buoyed by stronger-than-expected April jobs data and gains in Nvidia and Apple.
Markets
Xanadu Quantum Shares Slide as New Leveraged ETF Launches and 294M Share Filing Looms
Xanadu Quantum stock dropped 6.16% to $16.31 amid a 294 million-share filing and the launch of a 2x leveraged ETF. Q1 results are due May 14.
Markets
Agilon Health Stock Surges 118% on Q1 Profit Beat, New CEO Appointed
Agilon Health shares jumped 118% to $60.66 after a strong Q1 earnings beat, with net income rising to $49M. The company also raised its 2026 forecast and appointed Tim O'Rourke as CEO.
Earnings
AMD's Bullish Forecast Propels S&P 500 and Nasdaq to New Records
The S&P 500 and Nasdaq closed at all-time highs Wednesday, driven by AMD's strong forecast and a slide in oil prices.
Markets
Primoris Services Plunges 49% After Q1 Earnings Miss and Renewable Project Woes
Primoris Services shares plummeted 49% after missing Q1 earnings and cutting its 2026 outlook, driven by cost overruns in renewable-energy projects.
Earnings
Wall Street Hits New Highs; AMD Surge, Oil Plunge Fuel Rally
The S&P 500 and Nasdaq reached record highs Wednesday, driven by a 17% surge in AMD shares on strong AI demand and a sharp drop in oil prices on US-Iran deal progress.
Markets
AMD's AI Boom Ignites QQQ Surge as Nasdaq Eyes New Highs
Invesco QQQ Trust ETF advanced 1.3% in premarket trading Wednesday, lifted by AMD's strong quarterly results and robust AI demand, putting Nasdaq records back in play.
Markets
AMD's Strong Forecast Signals Shift in AI Chip Demand, Nvidia Faces New Rivals
AMD's strong forecast and Alphabet's market cap surge challenge Nvidia's AI dominance. Nvidia shares drop 9% amid changing AI investment trends.
Technology
S&P 500 and Nasdaq Close at New Peaks; AMD Surges on AI-Driven Forecast
U.S. stocks closed at all-time highs Tuesday, with AMD surging 12% after hours on a strong AI-driven revenue forecast and Intel rising 13% on Apple chipmaking news.
Markets
Transocean Shares Drop 9% Despite $1.6B in New Contracts
Transocean shares fell 9.16% after reporting an adjusted Q1 loss of $28 million, despite $1.6 billion in new contracts. The DOJ's second request for the Valaris deal adds regulatory uncertainty.
Earnings
Akamai Surges on New API Security Tools Ahead of Q1 Earnings
Akamai shares jumped 10% on Tuesday after launching new API security tools ahead of its Q1 earnings report. The Security Posture Center aims to address rising AI-related API risks.
Earnings
Amazon's New Supply Chain Service Escalates Logistics Rivalry with FedEx
Amazon's new supply chain offering for external businesses intensifies logistics competition with FedEx and UPS, though FedEx shares stabilized Tuesday.
Markets
Harley-Davidson's New CEO Bets on Affordable Bikes as Q1 Profit Dives 81%
Harley-Davidson's Q1 net income fell 81% to $25M as revenue dropped 12%. The company launches a new strategy centered on affordable bikes like the $6,000 Sprint to lure younger buyers.
Earnings
PayPal Beats Q1 Estimates as New CEO Unveils $1.5B Cost-Cutting Plan
PayPal topped Q1 expectations with revenue of $8.35B, but branded checkout growth remained sluggish. New CEO Enrique Lores outlined a $1.5B cost-cutting strategy.
Earnings
Arm Holdings Faces New Malaysia Scrutiny Ahead of Earnings
Malaysia's anti-corruption agency has summoned former economy minister Rafizi Ramli for questioning over a $279 million chip-design deal with Arm Holdings, adding political uncertainty ahead of Arm's May 6 earnings report.
Regulation
Brookfield Renewable Explores Unifying BEPC and BEP Units to Boost Liquidity
Brookfield Renewable is considering merging its BEPC shares and BEP units into a single security to improve liquidity, following a $2.3 billion net loss and record FFO.
Markets
Vertiv Hits New High as AI Infrastructure Demand Drives Growth
Vertiv shares hit a 52-week high Friday as Q1 net sales jumped 30% to $2.65B, fueled by AI data-center demand. The company raised its 2026 outlook and expanded its liquid cooling portfolio.
Technology
3M Faces Renewed Legal Heat Over Wisconsin PFAS Contamination
3M faces renewed legal and regulatory pressure over PFAS contamination at its Greystone facility in Wisconsin, with levels hundreds of times above proposed state limits. Shares fell 2.7% on Friday.
Regulation
Bloom Energy Hits New Heights on AI Data Center Deal and Upbeat Forecast
Bloom Energy shares jumped 2.6% to $290.52 after raising 2026 guidance and securing a 2.45 GW fuel-cell deal with an Oracle-backed data center in New Mexico.
Markets
Cloudflare's New AI Tool Launch Precedes Q1 Earnings Report
Cloudflare shares surged 6.1% on Friday after unveiling Dynamic Workflows, a developer tool for AI agents, just days before its first-quarter earnings report on May 7.
Earnings
S&P 500 and Nasdaq Hit New Peaks as Earnings Surge Offsets Oil and Rate Concerns
The S&P 500 and Nasdaq set fresh records Friday, driven by robust earnings, but the Dow slipped 0.3% as energy stocks fell on oil price worries.
Markets
Nasdaq Breaks 25,000 as S&P 500 Reaches New Peak
The S&P 500 and Nasdaq set new records, driven by robust Q1 earnings. GameStop shares rose on reports of a potential eBay offer.
Markets
McDonald's Shares Dip Ahead of Earnings, New Drink Launch
McDonald's shares slipped 2.37% on Friday as investors await Q1 earnings and a new beverage launch. The company is rolling out six specialty drinks and adding beverage specialist roles at 14,000 U.S. locations.
Earnings