MPB
NASDAQ · Banking
Mid Penn Bancorp Inc
$31.12
-0.44 (-1.39%)
MPB News30 articles
Joby Aviation Shares Decline Amid Insider Sales and Sector Weakness
Joby Aviation shares fell 2.6% on Friday to $10.36, with a 4.7% weekly decline, as CEO-linked trusts sold shares under a preset plan. The stock moved between $10.04 and $10.58 in a volatile week.
Synopsys Stock Slides Amid Tech Rout; Earnings Report on May 27 in Focus
Synopsys shares dropped 2.72% for the week amid a tech selloff and Coatue Management's 54% stake cut. The company reports fiscal Q2 results on May 27.
Silicon Motion Holds Ground Amid Nasdaq Dip, Conference Circuit Ahead
Silicon Motion shares rose 2.5% for the week, outperforming the Nasdaq's 1.5% decline. Strong Q1 earnings and raised analyst targets provide support as the company heads to key investor conferences.
McDonald's Stock Edges Higher Amidst Broader Market Decline; Focus on Value Strategy
McDonald's shares closed up Friday despite a broader market selloff, as the company's value strategy and Q1 earnings beat offer some support.
Zoetis Hits New 52-Week Low Amid Steep Post-Earnings Decline
Zoetis closed at $74.22 on Friday, hitting a new 52-week low of $72.38, as the stock continues to slide following disappointing Q1 earnings and a reduced 2026 outlook.
SpaceX Accelerates Nasdaq IPO to Mid-June, Targeting $1.75 Trillion Valuation
SpaceX aims to list on Nasdaq by June 12 under ticker SPCX, seeking $75 billion at a $1.75 trillion valuation. The IPO includes supervoting shares and strict shareholder limits.
Palantir Faces Shareholder Vote on Human Rights Amid Ukraine AI Deployments
Palantir Technologies faces shareholder proposals for a human rights review and expanded defense disclosure as its AI tools are used in Ukraine. The vote is set for June 3.
Navitas Semiconductor Raises $122M in ATM Offering Amid AI Power Push
Navitas Semiconductor raised $122 million through an ATM offering, leveraging AI power-chip hype. Q1 revenue fell to $8.6 million, while shares dropped 6.4%.
Plug Power Shares Slip Amid Cash Burn Concerns Despite Revenue Growth
Plug Power shares dipped 1.7% to $3.725 on Friday, as robust Q1 revenue growth of 22% to $163.5 million was overshadowed by a widened net loss of $245.3 million and operating cash burn of $150 million.
Smart Powerr Stock Skyrockets 257% Amid Nasdaq Delisting Concerns
Smart Powerr Corp. shares surged 257% on Thursday fueled by hopes of a Nasdaq delisting delay, but the stock remains below the $1 minimum bid price and slipped in premarket Friday.
Murano Global Shares Surge Premarket Amid Nasdaq Compliance and Debt Restructuring
Murano Global shares surged 67% in premarket trading Friday, but the company still faces an Oct. 5 deadline to meet Nasdaq's $1 minimum bid rule and is working through debt restructuring.
Datavault AI Shares Surge Ahead of Q1 Results Amid Crypto Bill Momentum
Datavault AI shares climbed 10% premarket ahead of Q1 earnings, boosted by a Senate crypto bill vote. The company also raised $60 million in a stock sale for its GPU edge network plan.
Redwire Soars 22% on Defense Tech Showcase Amid Record Backlog
Redwire shares surged 22% Thursday, driven by defense tech showcase plans and a record $498M backlog, despite a wider net loss and new $350M share program.
Sivers Semiconductors Restates Losses, Delays Q1 Report Amid Nasdaq Dual-Listing Plans
Sivers Semiconductors restated its 2024 and 2025 accounts with wider losses and delayed its Q1 report to May 29 as it prepares for a potential Nasdaq New York dual listing.
Alphabet Stock Pauses After Record Run Amid AI Gains
Alphabet shares edged lower on Thursday, cooling off after a record run, as profit-taking and rate worries offset strong AI and cloud results.
Virgin Galactic Advances 2026 Flight Plans Amid Narrowed Loss and Cash Concerns
Virgin Galactic reported a narrower Q1 loss of $64.7M and confirmed its 2026 flight test schedule, but warned of substantial doubt about its ability to continue as a going concern.
Datavault AI Shares Surge Ahead of Q1 Earnings Amid $60M Offering and Crypto Bill Progress
Datavault AI shares rose to $0.5861 on volume over 65 million ahead of Q1 earnings, after a $60M stock offering and GPU edge network plans. A crypto bill vote adds to the buzz.
Mobix Labs Surges 86% on Plan to Acquire Rare Earth Firm Amid US-China Tensions
Mobix Labs shares jumped 86% after announcing a non-binding letter of intent to acquire Special Project Delivery LLC, a US rare earths firm, as defense sourcing rules tighten.
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.
Snap Shares Dip on Downgrade Amid Ad Revenue Struggles
Snap shares fell 6% after a downgrade, as Q1 ad revenue growth slowed to 3% and Q2 outlook disappointed.
Fermi Inc. Raises Voting Threshold Amid Founder Dispute
Fermi Inc. raised its shareholder vote threshold to 70% for key bylaw changes, escalating the conflict with ousted co-founder Toby Neugebauer ahead of Q1 earnings.
Warsh Confirmed as Fed Chair Amid Stubborn Inflation, Rate Cut Bets Fade
Kevin Warsh wins Senate confirmation as Fed chair as April inflation data (CPI +3.8% YoY, PPI +6.0% YoY) complicates rate cut outlook; markets now see 71% chance of no cuts in 2026.
Alibaba's AI Cloud Bet Drives Stock Surge Amid Profit Dip
Alibaba's cloud revenue surged 38% to 41.63 billion yuan, fueling a stock rally even as operating profit swung to a loss of 848 million yuan, highlighting the AI investment trade-off.
NIO Shares Surge on L80 Debut Anticipation Amidst China EV Slowdown
NIO shares rose over 4% in Hong Kong ahead of the ONVO L80 launch. April deliveries grew 22.8% YoY to 29,356 units, even as China's car market contracted.
UK Aerospace Firm Senior PLC Holds Steady Amid Market Volatility; Vistry Group Plunges
Senior PLC (SNR.L) remains stable at 285.5 GBp with solid fundamentals, while Vistry Group shares tumble 11.5% after suspending buybacks and issuing a profit warning.
USA Rare Earth Q1 Revenue Misses, Cash Pile Grows to $1.75B Amid China Supply Squeeze
USA Rare Earth posts $5.7M Q1 revenue, $67M net loss, and $1.75B cash. Texas grants $14.18M for Round Top, while $1.6B Commerce funding awaits. Serra Verde acquisition targets non-China rare earth supply.
XRP Holds at $1.42 Despite Record ETF Inflows Amid Fed Tightening
XRP hovers around $1.42 despite strong ETF inflows, as rising inflation dashes expectations for Fed rate cuts, weighing on crypto.
Geothermal Developer Fervo Energy Soars 35% on Nasdaq Debut Amid AI-Driven Power Demand
Fervo Energy closed 35% above its IPO price in Nasdaq debut, valuing the geothermal firm at $10.36B, as AI power needs drive investor enthusiasm.
Nvidia Leads AI Stock Rally Amid Inflation Concerns
Nvidia led a rally in AI stocks, gaining 2.7% to $226.81, as the market shrugged off a 1.4% surge in producer prices. The PHLX Semiconductor Index climbed 2.8%.
Exxon Edges Higher as Oil Stays Above $100 Amid Inflation Jitters
Exxon Mobil rose 0.4% as oil stayed above $100, but Chevron and ConocoPhillips slipped on inflation and rate hike fears. The Energy Select Sector SPDR Fund edged down 0.1%.