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HOVR News30 articles
Plug Power's Turnaround Faces Wall Street Skepticism as New CEO Takes Charge
Plug Power's stock remains under pressure, trading around $2.29, as Wall Street awaits proof of new CEO Jose Luis Crespo's turnaround strategy. While the company reported 2025 revenue growth and a positive gross margin, liquidity concerns persist.
Coeur Mining Unveils Major Capital Return Plan After New Gold Acquisition
Coeur Mining has finalized its acquisition of New Gold, revealing a $750 million share repurchase program and its first-ever cash dividend. The company also significantly raised its 2026 production guidance.
Venture Global Negotiates Settlements Amid New LNG Deal, Market Volatility
Venture Global stock closed nearly unchanged at $15.80 after CEO Mike Sabel revealed settlement talks with major customers and a new LNG agreement with Vitol. The company faces legal challenges and market volatility from Middle East supply disruptions.
Gold Drops 1.8% as Dollar, Yields Surge on Troop Deployment News
Gold declined 1.8% to $4,566.26 per ounce Friday, heading for a third consecutive weekly drop. The sell-off was driven by a stronger U.S. dollar and rising bond yields following news of additional U.S. troop deployments to the Middle East.
Nvidia Targets $1 Trillion AI Inference Market with New Hardware
Nvidia forecasts over $1 trillion in AI chip revenue through 2027, launching new Vera Rubin CPUs and Groq-powered systems to capture the growing inference market.
Navitas Semiconductor Gains on AI Power Product Launch, New CFO Appointment
Navitas Semiconductor shares advanced following the launch of new silicon carbide products targeting AI infrastructure and the appointment of a new CFO. The company reported a significant quarterly revenue drop and an operating loss.
Ford Shares Slide Amid Renewed EV Doubts, Honda Charge Revives Industry Concerns
Ford Motor shares declined 2% to $11.80, underperforming a broader market rebound, as Honda's significant EV restructuring charge reignited concerns about Ford's own substantial writedowns and the automotive sector's costly transition to electric vehicles.
Plug Power Sells New York Site to Bolster Cash, Shares Edge Lower
Plug Power shares declined slightly after the company announced the sale of its New York STAMP facility for at least $132.5 million, part of a broader effort to conserve cash. The hydrogen fuel cell firm reported a fourth-quarter gross profit of $5.5 million but continues to face analyst skepticism.
Intel Gains on New Desktop Chip Launch, AI and Foundry Challenges Loom
Intel shares advanced 2.5% in early trading following the launch of its new Core Ultra desktop processors, though the company continues to face scrutiny over AI-server chip supply and its contract manufacturing ambitions.
Intel Debuts New Edge AI Chips Amid Strategic Restructuring
Intel unveiled its Core Series 2 edge AI processors for industrial systems and a healthcare AI suite at Embedded World, aiming for deterministic performance in factories and patient monitoring.
P&G's Gillette Commits $1 Billion to New Boston HQ Amid Growth Challenges
Procter & Gamble's Gillette brand is investing close to $1 billion to establish a new global headquarters and research hub in South Boston, maintaining its commercial and R&D presence in the city while shifting manufacturing to Andover in 2026.
Microsoft Integrates Anthropic AI into Copilot Suite, Launches New Agent Tools
Microsoft has integrated Anthropic's AI technology into its Microsoft 365 Copilot, introducing a new Copilot Cowork feature and Agent 365 management hub. The moves aim to diversify its AI partnerships beyond OpenAI.
Unilever Stock Dips Amid Oil Spike, Renewing Focus on Post-Spin-Off Growth
Unilever's stock declined in London trading as a sharp rise in crude oil prices triggered a broad market selloff. Investors are scrutinizing the company's growth trajectory after its recent strategic spin-off and a warning that 2026 sales may hit the low end of its target range.
Robinhood Slashes IPO Size for New Private Markets Fund
Robinhood Markets has significantly reduced the size of its first private-markets fund IPO, pricing 12.6 million shares at $25 each. The move comes as the trading platform broadens its offerings to target wealthier clients.
GSK Expands Share Repurchases, Outlines 2026 Growth Strategy Under New CEO
GSK has acquired 650,000 shares for treasury and published its 2025 annual report, showing £32.7B in turnover. CEO Luke Miels forecasts continued profitable growth for 2026.
U.S. Drafts New AI Chip Export Rules, Potentially Impacting AMD, Nvidia
U.S. officials are drafting new AI chip export regulations that could require foreign governments to invest in U.S. data centers or provide security guarantees, potentially impacting major chipmakers like AMD, Nvidia, and Intel.
Circle Stock Rises on Oil-Driven Inflation Fears, Renewed Focus on USDC Yield
Circle shares advanced Thursday, tracking a jump in oil prices that stoked inflation worries and refocused attention on the company's revenue from USDC reserve yields. Mizuho raised its price target on the stock.
Shell Secures New Kazakhstan Exploration Rights Amid Ongoing Arbitration
Shell has entered into an agreement with Kazakhstan's energy ministry for exploration rights to the Zhanaturmys oil and gas block, valid until 2032. The move comes as the company remains engaged in international arbitration concerning other Kazakh ventures and proceeds with its share repurchase program.
Plug Power Soars on Q4 Profit, New CEO Outlines Liquidity Plan
Plug Power shares jumped 23% following a stronger-than-expected Q4, which delivered a $5.5 million gross profit. The company also detailed plans to bolster liquidity through asset sales.
MicroStrategy Stock Slides Amid Bitcoin Dip, New BTC Purchase Funded by Equity Sales
MicroStrategy shares dropped 3.6% to $132.68, tracking a bitcoin decline, after disclosing a $204.1 million bitcoin acquisition funded by equity sales and raising its preferred dividend rate.
Apple Shares Dip Amid Market Sell-Off Despite New iPhone and MacBook Launches
Apple shares declined almost 1% to $262.17, with a market-wide risk-off mood driven by surging oil prices eclipsing its latest product announcements. New devices are available for preorder starting March 4.
Micron Shares Slide Amid Oil Spike, Tech Rout Overshadows New AI Memory
Micron Technology shares dropped more than 6% Tuesday as a sharp rise in oil prices triggered a broad risk-off move in markets, pressuring chip stocks. The decline came even as Micron announced customer samples of a new high-density, power-efficient memory module designed for AI servers.
Apple Shares Dip Amid Tech Selloff as New M5 MacBooks and Budget iPhone Launch
Apple shares declined 0.9% to $262.44 Tuesday, caught in a broader tech selloff driven by a surge in oil prices. The company unveiled refreshed MacBooks with M5 chips and a lower-cost iPhone 17e, with preorders beginning March 4.
Palantir Shares Hold Near $145 Amid Thiel Sale Filing, New Lawsuit
Palantir shares traded around $145 premarket following a sharp rally, with co-founder Peter Thiel filing to sell up to 2 million shares. A new lawsuit from a defense contractor alleges fraud and breach of contract.
Intel Shares Dip on 6G Partnership News Ahead of Key Investor Conference
Intel shares declined 0.3% in premarket trading following a partnership announcement with Ericsson on next-generation 6G networks. Market attention now shifts to remarks from CFO David Zinsner at a Morgan Stanley conference.
Target Projects 2026 Sales Rebound as New CEO Charts Turnaround
Target Corporation has issued a 2026 outlook projecting a return to net sales growth of approximately 2%, alongside an earnings per share forecast between $7.50 and $8.50. The retailer's shares advanced 5.5% in premarket trading following the announcement.
CBA Defies ASX Downturn Amid Renewed RBA Rate Speculation
Commonwealth Bank shares gained ground Tuesday, contrasting with a broader market decline, as traders evaluated shifting interest rate expectations and energy price pressures.
UnitedHealth Files Shelf Registration, Names New Accounting Chief
UnitedHealth Group shares gained 0.5% in after-hours trading after filing a shelf registration for future securities offerings and appointing a new chief accounting officer. The company's annual report revealed Optum Rx's $188 billion drug spend and a projected Medicare Advantage membership decline for 2026.
XRP Rebounds Amid Geopolitical Tensions and DTCC Listing News
XRP climbed approximately 3% to $1.40 on Monday, recovering from a weekend low of $1.27. Traders are monitoring escalating Middle East tensions and a new DTCC listing linked to Ripple's institutional infrastructure.
Apple Launches iPhone 17e at $599, Sparking Renewed Investor Debate
Apple has introduced the iPhone 17e with a starting price of $599 and doubled base storage to 256GB, alongside an M4-powered iPad Air. The company's shares gained 0.9%, reigniting discussions about its stock's valuation and growth potential.