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PAR News30 articles
AMC Soars on Record Easter Box Office, Debt Concerns Linger
AMC Entertainment shares jumped nearly 20% following a record Easter weekend box office, though the theater chain continues to grapple with significant debt and stock volatility.
Abivax ADS Surges 29% on Obefazimod Safety Data, Paris Trading Expected to Catch Up
Abivax ADS surged nearly 30% after hours on positive safety data for obefazimod, adding $2.26B in market value. Paris shares are expected to open higher Wednesday.
Copart Plunges 8% as CEO Change Coincides with Russell Index Reshuffle
Copart shares fell 8% after CEO Jeff Liaw announced his departure, wiping out $2.4 billion in market cap, as the stock also faced Russell index changes.
Hormuz Tanker Imbalance Sparks Oil Glut Fears as Brent Edges Higher
Brent crude rose 0.6% to $72.44 as U.S.-Iran strikes disrupted Hormuz shipping, but a growing tanker imbalance—four ships leaving for every one arriving—raises glut risks and threatens supply restart.
Supreme Court Ruling on Tax Preparer Fraud Puts 75 Million Returns at Risk
The Supreme Court let stand a ruling that the IRS can assess taxes indefinitely on returns affected by preparer fraud, even if the taxpayer was unaware, affecting 75 million paid-preparer e-filed returns.
Enterprise Products Partners Flat Amid Volatile Week, Midstream ETF Gains
Enterprise Products Partners (EPD) ended the week flat near $36.57 despite sharp daily swings and volume 25% below average, underperforming the Alerian MLP ETF (AMLP) which gained 1.5%.
Crypto App Fomo Raises $75M at $550M Valuation, Sparking Concerns Over High Multiples
Fomo's $75 million Series B at a $550 million valuation implies $880 per user, raising questions about private-market exuberance as crypto trading faces cyclical headwinds.
SK hynix ADR Sale Sparks Valuation Rerating Against Micron and TSMC
SK hynix shares surged 13% in Seoul after announcing a Nasdaq ADR sale to fund AI memory investments, narrowing its valuation discount to Micron and TSMC.
Micron and Qualcomm Surge After Hours, Sparking $400 Billion Chip Rally
Micron (MU) soared 16% after hours on $100 billion in customer commitments; Qualcomm (QCOM) jumped 13% on a $15 billion data-center target, fueling a $400 billion chip rally.
Super Micro Stock Rises on New AI Deals, Nvidia Partnership
Super Micro Computer shares rose 1.6% premarket Wednesday after new AI partnerships, following a 6% drop Tuesday, as investors weigh financing plans and legal risks.
TSMC ADR Premium Shrinks, Sparking 6% Slide in US Shares
TSMC's US shares dropped 6% as the premium over Taipei shares shrank sharply, indicating a flow-driven adjustment rather than a change in earnings outlook.
Primoris Shares Tumble 35% on Renewables Losses and COO Departure
Primoris shares plummeted 35% premarket after slashing 2026 guidance due to renewed cost overruns in its renewables business and the COO's departure.
Global Chip Rout Deepens as AI Spending Doubts Spark $1 Trillion Nasdaq Selloff
A global semiconductor selloff erased over $1 trillion in Nasdaq 100 premarket value as investors fret over AI infrastructure returns. South Korea's KOSPI plunged 10% and chip heavyweights like SK Hynix and Samsung tumbled more than 12%.
Micron's Strategic Investment Boosts Anthropic Ahead of IPO, Financial Transparency Key
Micron Technology secures a strategic investment and supply deal with Anthropic ahead of its IPO, as the AI firm faces pressure to disclose key financial metrics like gross margin.
Nokia Surges on Expanded Google Cloud AI Partnership
Nokia shares surged after announcing an expanded AI network-software partnership with Google Cloud, integrating Gemini AI into network management tools, with SaaS launch set for September.
HIVE Digital Surges on Paraguay AI Validation, But Stock Sale Looms
HIVE shares surged 20% after Columbia University validated AI training on its Paraguay GPUs, but $214.7 million in stock sale capacity remains, posing dilution risk.
Pfizer Stock Hovers Near Recent Lows After CFO Departure Sparks Growth Concerns
Pfizer shares remain near last week's selloff levels after CFO Dave Denton's planned departure raised concerns about growth and the company's obesity drug ambitions.
Intel Stock Surges 10.6% on Apple Partnership Hints, But Upside Looks Limited
Intel shares surged 10.64% to $133.99 after Trump announced Apple's plans to collaborate on U.S. chip design and manufacturing, adding $64.8B in market value, but the rally faces skepticism without official confirmation.
NuScale Power Rallies on Paragon Deal, But Cash Burn Raises Concerns
NuScale Power surged 13.54% after Paragon secured a final design contract for its SMR systems. But Q1 revenue fell to $565,000 and operating cash burn was $314.7 million, underscoring risks.
Pfizer Shares Slip as CFO Departure Rattles Investors; 2026 Outlook Intact
Pfizer shares fell 2.7% to $25.21 after CFO Dave Denton said he will leave in August, reigniting investor concerns over succession and obesity-drug competition.
IonQ Gains Ahead of Holiday, Focus on Quantum Security Product and Partnerships
IonQ shares rose 3.4% to $56.55 ahead of the holiday, driven by the Clavis XG Multiplex launch and Fixstars partnership, but the stock ended the week below its prior close.
SpaceX ETF Frenzy Sparks Concerns Over Retail Investor Risk
SpaceX's first week as a public company saw over $10 billion in leveraged ETF trading and record ARK Innovation flows, raising concerns about retail investor risk amid high volatility.
Alphabet Gains in Short Week Despite AI Talent Departures
Alphabet shares closed higher in a short week, but the exits of two top AI researchers to rivals Anthropic and OpenAI raise concerns about talent retention as the company ramps up capital spending.
Netflix Shares Dip 3.7% in Short Week as Ad Growth and Partnership Hopes Fade
Netflix shares fell 3.7% in a holiday-shortened week, lagging tech peers. Investors weigh a new French partnership and concerns that growth from ads and price hikes may already be priced in.
Pfizer CFO Departure Casts Shadow on 2026 Growth Plans
Pfizer shares dropped 2.7% as CFO Dave Denton's departure raises fresh questions about the 2026 forecast and obesity drug pipeline.
Pfizer CFO Departure Raises Growth Strategy Questions, Stock Slips 3%
Pfizer shares slid 3.2% after announcing CFO Dave Denton's departure, intensifying investor scrutiny of the company's 2026 guidance and obesity drug strategy.
Honda Partnership Fuels QuantumScape Stock Surge Amid Solid-State Battery Push
QuantumScape stock jumped 5.7% to $7.29 following a Honda R&D solid-state battery research agreement, but the company still lacks revenue and warns significant production is not imminent.
Alphabet Stock Dips as Gemini Co-Lead Departs for OpenAI
Alphabet shares edged lower after Gemini AI co-lead Noam Shazeer moved to OpenAI, sparking worries about Google's AI momentum and talent retention.
Intel Jumps on Trump's Apple Chip Partnership Claim
Intel shares surged over 7% premarket to a record $129.84 after Trump said Apple will partner with Intel for US chip design and production, though neither company has confirmed the deal.
Kazakhstan Unveils $10B AI Data Center Plan With Nvidia Partnership
Kazakhstan announced a $10 billion AI data center project with Nvidia and Firebird, starting with a 125-MW site in Ekibastuz and commercial operations expected in 2027.