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PPL News30 articles
X-Energy's IPO Surge Faces Reality Check Amid Nuclear Ambitions
X-Energy shares rose 33% from IPO price to $30.53, but fell from weekly highs. Kentucky utilities explore its Xe-100 reactor as the company tackles licensing and construction challenges.
Intel Shares Surge on Preliminary Apple Chip Manufacturing Deal
Intel shares surged 14% after a preliminary deal to manufacture chips for Apple was reported. The agreement could be a major win for Intel's foundry business.
Brent Crude Drops 6% as Geopolitical Risks and Supply Constraints Loom
Brent crude fell 6% to $101.29, with WTI at $95.42, as China imports plunged 20% and OPEC+ raised quotas. Analysts eye $120 risk from Middle East tensions.
Intel Stock Hits Record on Apple Chip Deal Speculation, TSMC Faces Heat
Intel shares hit a record high following a report of a preliminary deal with Apple for chip manufacturing, while Apple explores alternatives to TSMC.
Sandisk Rebounds as AI Memory Supply Tightness Drives Demand
Sandisk shares surged 11.7% to $1,497 on Friday, rebounding from a drop, as AI memory supply tightness and $42 billion in future contracts boost investor confidence.
AppLovin's AI-Driven Q1 Surge and Bullish Outlook Rekindle Investor Interest
AppLovin posted Q1 revenue of $1.84 billion (up 59%) and a Q2 outlook above estimates, fueled by its AI ad platform. Shares fell 1.9% premarket after initial gains.
Brent Crude Dips Below $100 as Iran Talks Progress, Supply Constraints Persist
Brent crude slipped below $100 as traders weigh Iran peace talks, but U.S. inventories fell sharply, distillate stocks hit 2005 lows, and Asian fuel exports plunged, keeping supply concerns front and center.
AppLovin Shares Slide Despite Q1 Beat as Investors Eye Growth Sustainability
AppLovin reported Q1 revenue of $1.84B, up 59% YoY, and net income of $1.21B, more than doubling. Shares dropped 2.3% after hours as investors question long-term growth.
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.
Intel's AI-Driven Surge Faces Pivotal Test as AMD's Forecast and Apple Talks Lift Chip Sector
Intel shares rose 6% premarket after AMD's bullish forecast and Apple's reported chipmaking talks. Data Center and AI revenue grew 22%, but net losses and stretched valuation raise questions.
Apple Settles $250M Siri Advertising Class Action Over Delayed AI Features
Apple will pay $250 million to settle a class action alleging false advertising for delayed Siri AI features, with eligible U.S. consumers receiving at least $25 per device.
Amazon's New Supply Chain Service Escalates Logistics Rivalry with FedEx
Amazon's new supply chain offering for external businesses intensifies logistics competition with FedEx and UPS, though FedEx shares stabilized Tuesday.
Elong Power Surges 72% After Lock-Up Expiry, Supply Overhang Looms
Elong Power shares surged 72% after a lock-up on 4.2 million shares expired. The company faces supply concerns and a going-concern warning.
Applied Digital Shares Dip After $7.5B AI Data Center Lease Deal
Applied Digital shares retreated 2.04% to $33.55 Friday, giving back some gains from a $7.5 billion AI data center lease deal announced April 23.
Applied Materials Secures 140 Acres in Karnataka for AI Chip R&D Hub
Karnataka approved 140 acres for Applied Materials near Bengaluru airport for AI chip R&D. The land is valued at ₹780 crore, with final clearances pending.
Asia's Tech Stocks Surge as Nvidia's Physical AI Strategy Reshapes Supply Chain
Nvidia's focus on physical AI is reshaping its supply chain, with Asian suppliers now representing 90% of production costs. Stocks like LG Electronics and Samsung rise as AI demand broadens.
Senate Stablecoin Deal Opens Door for Ripple's RLUSD Expansion
A Senate deal on stablecoin rewards unlocks crypto legislation, boosting Ripple's RLUSD as it expands on OKX with over 280 trading pairs and margin collateral use.
MP Materials Earnings in Focus Amid Rare Earth Supply Shifts
MP Materials will report Q1 earnings on May 7, with China shipping 60 tons of yttrium oxide to the U.S. in March, though annual imports are still down 75%.
S&P 500 and Nasdaq Hit New Records as Apple Earnings Trump Oil Worries
The S&P 500 and Nasdaq closed at record highs Friday, powered by Apple's strong earnings, while the Dow fell. Oil prices eased but remained above $100 a barrel.
S&P 500 and Nasdaq Hit Record Highs on Apple and Software Surge
The S&P 500 rose 0.48% and the Nasdaq 0.96% to new highs on Friday, driven by Apple's best quarterly sales in four years and a rally in software stocks. The Dow edged down 0.11%.
Nvidia Secures Pentagon AI Deal Amid China Supply Challenges
Nvidia gains Pentagon approval for AI on classified networks, while China server prices near $1 million due to export curbs. The stock trades at $199.57.
Apple Stock Rises on Strong Outlook, $100B Buyback
Apple shares rose 0.3% premarket after the company forecast June-quarter sales above expectations and announced a new $100 billion buyback, offsetting chip shortage concerns and a CEO transition.
Apple Surge Lifts Dow, S&P 500 Futures; Nasdaq Dips on Oil Jitters
Apple's strong earnings lift Dow and S&P 500 futures, but Nasdaq slips as oil prices climb. Reddit surges on AI ad revenue, while Roblox falls on weak bookings.
Apple Shares Edge Lower Despite Strong Earnings as iPhone Constraints Loom
Apple beat Q2 earnings estimates with $111.2B revenue and $2.01 EPS, but shares fell 1% after hours as iPhone sales missed forecasts and chip supply remained tight.
S&P 500, Nasdaq Hit Records as Apple's Mixed Results Stir Caution
The S&P 500 and Nasdaq closed at record highs Thursday, capping their best month in years. Apple dropped 1% after hours despite beating earnings, as iPhone sales fell short.
Brent Crude Hits $126 as Iran Tensions Threaten Global Oil Supply
Brent crude spiked above $126 a barrel on Thursday as traders priced in an extended Strait of Hormuz closure and potential US military action against Iran.
U.S. Gasoline Prices Surge to $4.229, Outlook Points Higher Amid Supply Squeeze
U.S. gasoline prices hit $4.229 per gallon, the highest since July 2022, driven by falling inventories, refinery outages, and crude above $100. The outlook points to further increases as summer demand nears.
New US Export Curbs Target Applied Materials, Chip Tool Shipments to China's Hua Hong
The US Commerce Department ordered Applied Materials, Lam Research, and KLA to halt some chip-tool shipments to China's Hua Hong, targeting advanced chip production facilities. AMAT shares fell 5.8%.
US Gasoline Average Surges to $4.23 as Iran Strait Crisis Tightens Supply
US gasoline prices surged to $4.229/gallon Wednesday, up 21 cents in a week, as Brent crude topped $114 on Iran Strait of Hormuz disruptions and Midwest refinery outages.
Rare Earths Americas IPO Targets $368M Valuation Amid China Supply Concerns
Rare Earths Americas began its U.S. IPO roadshow, aiming for a valuation up to $368.4 million and planning to raise as much as $52.8 million by selling shares at $17–$19 each.