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NVMI News30 articles
Camtek Shares Plunge 16% Despite Q1 Beat as Margins Shrink and Inflation Fears Hit Chip Sector
Camtek shares fell 15.8% despite a slight Q1 earnings beat, as margin pressure and a hotter-than-expected April CPI report weighed on the AI chip trade.
Amazon Streamlines AI Strategy, Trims Nova Model Lineup Amid $200B Capex Push
Amazon is discontinuing most Nova AI models to focus on frontier research. Q2 earnings due Thursday as $200B capital plan pressures cash flow.
GE Vernova Dips 4% as Cash Flow Timing Raises Investor Concerns
GE Vernova shares slipped 4% as investors focused on cash flow timing, despite a record $176 billion backlog and robust demand from data centers.
Aurora Innovation Surges on 1,000-Truck Production Target
Aurora Innovation shares rose 4.8% after the company announced a goal of reaching a 1,000-truck annual production run-rate by year-end, highlighting robust order momentum.
NovaGold Jumps 10% on Deal to Acquire Full Donlin Gold Stake
NovaGold shares surged 10.3% to $6.21 after agreeing to acquire Paulson Advisers' 40% interest in Donlin Gold, increasing legacy shareholders' effective stake to 65%.
GE Vernova Boosts Cash Flow Forecast by $5B; Shares Slide on Quality Concerns
GE Vernova lifted its 2026 free cash flow midpoint by $5B, yet shares reversed gains as analysts questioned the cash quality. Strong order growth of 88% was overshadowed.
GE Vernova Turbine Demand Surges, but Stock's Valuation Tests Limits
GE Vernova stock dips 4.49% after a failed technical breakout, even as turbine demand remains robust. The company's high valuation and execution risks are in focus.
Baker Hughes, Novartis, Microsoft Deepen Job Cuts Amid AI Shift
Baker Hughes and Novartis announce additional U.S. layoffs, while Microsoft and Coursera continue tech restructuring. AI cited in 31% of June job cuts.
GE Vernova's Weekly Gains Narrow as Q2 Earnings Approach
GE Vernova (GEV) closes the holiday week up 6.5% but shares fell 5.3% over two sessions, narrowing the cushion to Bernstein's $1,206 target ahead of Q2 earnings.
Nova Scotia Gas Prices Climb Ahead of Canada Day; Diesel Holds Steady
Nova Scotia gasoline prices increased 3.6 cents per litre this week, while diesel stayed flat. The regulator removed a negative adjustment, lifting gasoline, but diesel remained unchanged.
GE Vernova's Turbine Demand Story Fails to Halt Weekly Slide
GE Vernova (GEV) fell 3.71% Friday, erasing most of its midweek rebound and capping a 7.31% weekly loss as investors await Q2 earnings for proof of backlog conversion.
Onto Innovation Stock Surges, Nears Key Convertible Note Conversion Price
Onto Innovation shares jumped 7.5%, closing in on the $381.80 conversion price of its $1.5B convertible notes. The stock now trades 10.2% below that level, with analysts maintaining a $358.82 average target.
Aurora Innovation Shares Fall Amid Cash Burn Concerns and Pilot Revenue
Aurora Innovation shares slid 2.1% to $6.42, landing between Uber's block sale price and a director's purchase level, as the autonomous truck developer reports $1 million in Q1 revenue and expects further capital raises.
GE Vernova Bounces Back as AI Power Demand Drives Focus on Electrification
GE Vernova shares rebounded 3.6% after a sharp May decline, fueled by strong AI-driven data-center demand and record electrification orders.
Aurora Innovation Bounces Back After 23% Slide, Driverless Truck Launch Ahead
Aurora Innovation shares recovered 2.68% to $6.13 after a seven-day 23% decline, as investors eye the Q2 second-gen hardware rollout and driverless truck deployment target.
Aurora Innovation Stock Edges Higher Despite Uber's Partial Exit
Aurora Innovation shares edged up Friday as the market weighs Uber's partial exit against the company's ambitious 2026 driverless truck rollout plans.
Aurora Innovation Dips Amid Tech Selloff, Uber's Share Sale Still Weighs
Aurora shares fell 3.5% as tech and self-driving stocks slid. Uber's block sale of 67.5 million shares at $7.10 continues to overhang the stock.
Aurora Innovation Shares Drop 11% as Driverless Truck Rollout Faces Revenue Scrutiny
Aurora Innovation shares slid 11% as investors weigh the pace of its driverless truck rollout against revenue expectations, despite an 80% year-to-date gain.
Aurora Innovation Gets Outperform Rating, Shares Jump Ahead of Monday Trading
Aurora shares surged 3.8% to $7.34 after Northland gave an Outperform rating and $11 target, citing AI and autonomous driving. The company expects hundreds of driverless trucks by year-end.
Onto Innovation Shares Fluctuate as AI Momentum Faces Scrutiny
Onto Innovation shares ended the week lower at $258.24, down 0.2%, after a volatile week that saw a 4.6% jump Tuesday followed by three days of declines.
Aurora Innovation Surges on Commercial Deals and Analyst Upgrade
Aurora Innovation shares rose 5.8% to $7.21 after Morgan Stanley raised its price target to $14 and the company announced new commercial freight deals with Volvo, DSV, and McLane.
Aurora Innovation Shares Slip Ahead of Holiday; Focus on Autonomous Truck Rollout
Aurora Innovation shares fell 8.3% over five days to $7.07 ahead of Memorial Day, as the company reported a $244M operating loss on $1M revenue and outlined plans to deploy over 200 driverless trucks by year-end.
Immunovant Shares Surge on Promising Arthritis Drug Data
Immunovant shares soared 35% after its experimental rheumatoid arthritis drug, IMVT-1402, demonstrated high response rates in a difficult-to-treat patient population, prompting a re-rating by Wall Street.
Aurora Innovation Stock Dips 5.75% Ahead of Annual Meeting
Aurora Innovation shares closed at $7.71 on Friday, down 5.75%, but remain up 10% from last week. The company aims to deploy over 200 driverless trucks by year-end and holds its annual meeting on May 21.
Aurora Innovation's Autonomous Trucking Ambitions Face Real-World Test with Volvo-DSV Texas Launch
Volvo and DSV launch commercial autonomous freight on the Dallas-Houston route using Aurora's self-driving tech. Aurora reports $1M Q1 revenue and $223M net loss, targeting 200+ driverless trucks by 2026.
Novavax Shares Surge on Pfizer Deal, Vaccine Strategy Shift
Novavax shares surged 13% Friday after Q1 revenue of $139.5 million beat estimates, fueled by a $30 million Pfizer licensing deal for Matrix-M adjuvant.
GE Vernova Slides after Texas Nuclear-Gas AI Power Deal
GE Vernova shares dropped over $70 after announcing a Texas nuclear-gas project for AI data centers, as investors digest strong Q1 orders.
Novavax Surges on Pfizer Deal, Q1 Revenue Beat Despite Weak Vaccine Sales
Novavax reported Q1 revenue of $139.5M, beating estimates, driven by $30M from Pfizer's Matrix-M license. Shares rose further as licensing income offset weak COVID vaccine sales.
Novavax Surges on Pfizer Deal, Beats Q1 Revenue Forecasts
Novavax topped Q1 revenue estimates at $139.5M, driven by a $30M Pfizer payment, offsetting weak COVID vaccine sales. Shares rose 15.6%.
Intel's SambaNova Investment Clears Antitrust Hurdle Amid AI Chip Surge
Intel's SambaNova investment cleared U.S. antitrust review, removing a key barrier as INTC stock approaches $100 on AI demand.