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OSS News30 articles
Mixed Lean Hog Futures Amid Strong Pork Export Sales
Lean hog futures showed mixed results Thursday, with front months declining while later contracts gained, as USDA reported strong pork export sales.
One Stop Systems Surges on Q1 Revenue Beat; Memory Supply Risks Emerge
One Stop Systems reported a 55% revenue jump to $8.1 million, beating estimates, but flagged memory supply risks and customer concentration.
Redwire shares rise on $15M Army drone order, NATO deal
Redwire shares gained after announcing a $15 million U.S. Army drone order and a multi-year NATO contract, though Q1 net loss widened to $76.5 million.
Biogen Closes Apellis Takeover; Focus Shifts to Syfovre Milestones
Biogen has completed its $5.6 billion acquisition of Apellis Pharmaceuticals, delisting APLS from Nasdaq. Shareholders received $41 per share plus a contingent value right linked to Syfovre sales targets.
Google's $5B AI Cloud Deal with Blackstone Fails to Impress Wall Street
Alphabet shares dropped 2.3% as Google's $5B AI cloud venture with Blackstone and new Gemini models failed to meet Wall Street's high expectations.
AI Chip Stocks Split as Nvidia Earnings Loom; CoreWeave Drops on Google-Blackstone Cloud Deal
Nvidia rose 0.8% ahead of its earnings report, while CoreWeave dropped 3.7% after Google and Blackstone announced a $5 billion U.S. AI cloud venture using Google's custom TPUs.
Nebius Shares Slide 7.5% After Google-Blackstone AI Venture, Downgrade
Nebius Group NV shares dropped 7.5% after Google and Blackstone launched a $5B AI cloud venture and D.A. Davidson downgraded the stock. Revenue surged 684% to $399M.
CoreWeave Drops 3% as Google and Blackstone Unveil $5B AI Cloud Venture
CoreWeave shares dropped 3.3% in premarket as Google and Blackstone's $5B AI cloud venture intensified competition fears. CoreWeave also closed a $3.1B loan facility.
Alphabet Stock Rises as Google and Blackstone Launch $5 Billion AI Cloud Venture
Alphabet shares rose pre-market Tuesday after Google and Blackstone unveiled a $5 billion AI cloud venture. The deal targets Nvidia's dominance with Google's TPU chips.
Figma Stock Tests Recovery as AI Monetization Gains Traction
Figma shares edged higher Monday after the company reported a 46% revenue surge and raised its 2026 forecast, buoyed by early traction in AI credit monetization.
Grab Faces Critical Week as Oil, Yields, and Indonesia Risks Mount
Grab shares fell 4.57% last week to $3.55, as rising oil prices and bond yields pressured the stock. Q1 revenue beat estimates, but Indonesia regulatory risks and macro headwinds remain.
Redwire Soars 27% on Record Backlog and Defense Drone Focus
Redwire shares jumped 27% over five sessions, closing at $14.06, fueled by a record backlog and defense-drone interest, despite a $76.5 million loss.
Korean Investors' US Stock Holdings Break 300 Trillion Won Milestone
Korean investors' US stock holdings have exceeded 300 trillion won, driven by strategic bets on Intel and inverse ETFs amid semiconductor volatility.
Blackstone Data Center REIT BXDC Closes First Week Above IPO Price
BXDC ended its first week at $20.10, above the $20 IPO price, after opening below it. The Blackstone-backed REIT raised $1.75 billion for data centers but has no assets yet.
Atlassian Stock Rebounds on Friday, AI Monetization in Focus Next Week
Atlassian shares surged 8% on Friday, recovering from weekly losses, as Truist Securities reiterated a Buy rating with a $100 target, citing AI monetization as a key focus after the Team 26 event.
Top US Carriers Join Forces for Satellite Network to End Dead Zones
AT&T, Verizon, and T-Mobile announced an unprecedented partnership to create a satellite-based network connecting standard phones directly to satellites, aiming to eliminate wireless dead zones across the U.S.
Snap CEO Evan Spiegel Summoned to Senate Over Kids' Online Safety
Snap CEO Evan Spiegel has been invited to testify at a Senate hearing on children's online safety, alongside leaders from Meta, Alphabet, and TikTok.
Grab Shares Sink to 52-Week Low Despite Strong Q1 Earnings as Indonesia Regulatory Risk Looms
Grab shares fell to a 52-week low of $3.46 despite strong Q1 results, as Indonesia's new 8% commission cap on ride-hailing raises margin concerns.
Ondas Soars on $390M Revenue Target After Drone Sales Surge
Ondas raised its 2026 revenue target to at least $390 million after Q1 revenue surged to $50.1 million, sending shares up 27%.
Unusual Machines Q1 Revenue Soars 296% as Drone Supply Expansion Gains Steam
Unusual Machines posted Q1 revenue of $8.1 million, a 296% jump, and net income of $10.3 million from investment gains. Shares surged 12.8% as the firm raised $150 million and agreed to buy DroneNX for $52 million.
Figma Shares Rise as AI Monetization Lifts 2026 Revenue Forecast
Figma raised its 2026 revenue outlook by $55 million to $1.428 billion, citing AI-driven user growth. Q1 revenue surged 46% to $333.4 million, with net dollar retention at 139%.
US Carriers Unite to End Phone Dead Zones, AST SpaceMobile Surges
AT&T, T-Mobile, and Verizon agreed in principle to launch a satellite-based direct-to-device joint venture, sending AST SpaceMobile shares up 11.8% to $83.66.
Dow Jones Closes Above 50,000 as Cisco's AI Strategy Boosts Tech
The Dow Jones Industrial Average closed above 50,000 on Thursday, driven by Cisco's AI-related job cuts and raised guidance. Tech shares surged, but inflation and oil risks limited Fed rate cut expectations.
Blackstone's $1.75B Data Center Trust Debuts Flat, Testing AI Infrastructure Demand
Blackstone Digital Infrastructure Trust (BXDC) debuted flat on NYSE at $20, raising $1.75B for AI data centers. The blind pool trust has no assets yet, betting on Blackstone's dealmaking.
Quantum Cyber Rockets on Drone Deal and Ex-VA Chief Board Appointment
Quantum Cyber appoints ex-VA chief Peter O'Rourke, following a drone tech deal with BP United. Shares soar 264% as the company pivots to defense.
Ondas Shares in Focus as Rotron Completes SkyLance Drone Test Ahead of Q1 Results
Ondas Inc.'s UK subsidiary Rotron successfully completed a firing test of its SkyLance long-range strike drone, boosting momentum ahead of the company's Q1 earnings release on May 14.
Enovix Shares Slide Despite Q1 Beat as Smartphone Battery Tests Remain Incomplete
Enovix shares dropped 12.9% in after-hours trading Wednesday despite beating Q1 revenue and adjusted-loss estimates, as smartphone battery qualification remains unfinished.
Grab Stock Dips Despite Strong Q1 Results, Indonesia Cap Looms
Grab shares slipped 1.1% to $3.60 despite Q1 revenue beating estimates at $955 million and profit jumping to $120 million, as Indonesia's new 8% ride-hailing commission cap weighs on sentiment.
Rocket Lab Shares Surge to All-Time High as Neutron Rocket Nears Critical Milestones
Rocket Lab shares closed at a record high after Q1 revenue jumped 63.5% to $200.3M, fueled by Neutron rocket orders and defense contracts. The stock has rallied over 40% in two sessions.
Red Cat's $225 Million Stock Sale Triggers 12% Drop, Dilution Worries Outweigh Drone Demand
Red Cat's $225M stock offering at a discount to market price sent shares down 12% as dilution concerns overshadowed strong Q1 revenue growth and a bullish defense drone outlook.