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STEM News30 articles
NuScale Power Surges on Safety System Contract, Faces Development Hurdles
NuScale Power stock surged 13.54% to $11.74 after awarding Paragon a contract for safety-system designs, but the company's $565,000 in Q1 revenue and $776.9 million deficit highlight ongoing development risks.
QTREX Quantum Stock Skyrockets After AME System Reaches Production Milestone
QTREX Quantum stock soared 84% to $2.37 after a key customer moved its AME system to production following a 97% manufacturing yield. The company remains early-stage and risky.
Elbit Systems Surges 11.5% on German SkyStriker Deal and US Howitzer Pact
Elbit Systems shares surged 11.5% on June 11 after announcing a strategic partnership with Diehl Defence for SkyStriker loitering munitions and a US howitzer pact with Anduril.
Amazon Slips as Tech Selloff Intensifies; AWS Deal Fails to Stem Losses
Amazon dropped 3.1% on Friday despite a $4 billion AWS deal with Pinterest, as tech selling and rate fears hit the Nasdaq. Investors focus on AI spending, falling free cash flow, and new EU cloud rules.
Nu Holdings $1 Billion Buyback Fails to Stem Share Decline Amid CFO Change and Credit Fears
Nu Holdings shares slid 8.8% to $11.97 despite a $1 billion buyback, as CFO transition worries and credit risks led to a BofA downgrade.
Veeva Systems Beats Q1 Estimates, Lifts Forecast; Shares Slip on AI and Competition Concerns
Veeva Systems beat Q1 estimates and raised its full-year outlook, but shares dipped 2.5% on ongoing concerns about AI monetization, services growth, and competitive pressures.
Veeva Systems Slips Despite Strong Earnings, AI Strategy in Focus
Veeva Systems shares declined 2.3% despite beating Q1 estimates and raising guidance, as investors assess AI spending and CRM migration risks.
Navitas Surges on Nvidia AI Ecosystem Tie-Up; Dilution Concerns Loom
Navitas shares surged 21% on news of a partnership with Nvidia's MGX AI Factory, but dilution and revenue uncertainties remain key concerns.
White House Mandates 30-Day Federal Review for Advanced AI Systems
President Trump's executive order mandates a voluntary 30-day federal cybersecurity review for advanced AI models from OpenAI, Google, and Anthropic before wider release, potentially delaying product launches.
Laser Photonics Jumps 121% on Anti-Drone System's Defense Review Selection
Laser Photonics shares surged 121% after its anti-drone system was selected for a key U.S. defense technical review, but no contract or sales were announced, and the company faces a Nasdaq compliance notice.
FMCSA Retires Legacy Systems as Motus Registration Platform Goes Live May 14
The FMCSA is retiring its legacy registration systems on May 14, 2026, launching the new Motus platform. Carriers and brokers must update their accounts to avoid manual verification delays.
3D Systems Soars 28% on Q1 Beat, Healthcare Turnaround Gains Traction
3D Systems stock jumped 28% to $3.22 after Q1 revenue and adjusted EPS beat estimates, with healthcare revenue up 21%.
Aehr Test Systems Rises on Record AI Chip Order, Despite Revenue Drop
Aehr Test Systems shares rose 6.5% on a record $41M AI chip order. Q3 revenue fell 44% to $10.3M, but bookings reached $37.2M, pointing to future 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.
Veeva Systems Joins S&P 500, Stock Jumps 10.5%
Veeva Systems shares jumped 10.5% to $172.29 after S&P Dow Jones Indices announced the company will join the S&P 500 on May 7, replacing Coterra Energy.
Interstellar Comet 3I/ATLAS Bears Water Signature from Frigid Exoplanetary System
ALMA measurements of deuterated water in interstellar comet 3I/ATLAS show a D/H ratio over 40 times Earth's oceans, indicating origin in a far colder system.
Rigetti Computing Hit with Sell Rating Ahead of 108-Qubit System Launch
Rigetti Computing shares fell 1.5% after Wall Street Zen downgraded the stock to sell, even as the company launched its 108-qubit system on Amazon Braket and reported a $216.2 million net loss on $7.1 million revenue.
Tempus AI Partners with USC Health System, Unlocking Access to 1.5 Million Annual Visits
Tempus AI Inc. partners with USC's Keck School of Medicine to deploy its molecular testing and trial-matching platform across a health system seeing 1.5 million patient visits each year.
Comfort Systems USA Profit Surges on Data Center Boom, Shares Rally
Comfort Systems USA Q1 profit more than doubled to $370.4M, revenue surged 56.5% to $2.87B on data center demand. Backlog hit $12.45B, shares rose 3%.
Nvidia's Slurm Acquisition Sparks AI Ecosystem Control Concerns
Nvidia's acquisition of SchedMD, the developer behind the Slurm workload manager, has ignited concerns about potential hardware favoritism in AI and supercomputing. The chip giant asserts it will maintain Slurm's open-source, vendor-neutral status.
India's Banking System Braces for Year-End Holiday Disruptions
A series of bank holidays in India, coinciding with the financial year-end, is set to impact branch-based transactions like salary processing and cheque clearing from March 28 to April 3. Digital services will continue uninterrupted.
BAE Systems Shares Dip Amid European Defense Sector Sell-Off
BAE Systems' stock declined alongside a broader drop in European defense shares after Rheinmetall's sales forecast disappointed. The company reported a record order backlog and continues its share repurchase program.
BAE Systems Secures Major Danish Army Training Contract Amid European Defense Surge
BAE Systems has secured a seven-year contract to provide advanced training software to the Danish Army, reflecting heightened defense spending across Europe. The deal coincides with NATO Arctic exercises and Denmark's plan to increase military expenditure to 3.2% of GDP by 2025.
3D Systems Tops Q4 Forecasts, but Bleak Q1 Outlook Raises Doubts
3D Systems reported Q4 revenue of $106.3M, exceeding its forecast, though full-year sales fell 12%. The company anticipates a revenue decline and continued losses for the current quarter.
BAE Systems Retreats as Defense Rally Loses Momentum
BAE Systems shares declined, pulling back from recent highs even after the company executed a share repurchase and Berenberg raised its price target. The dip reflects a broader cooling in the defense sector rally.
Veeva Systems Beats Q4 Estimates, Unveils $2B Buyback and AI-Driven Growth Outlook
Veeva Systems exceeded analyst expectations for its fourth quarter, reporting revenue of $836 million and adjusted EPS of $2.06. The company also initiated a $2 billion stock buyback and forecast fiscal 2027 revenue approaching $3.6 billion.
BAE Systems Continues Share Buyback Amid Defense Sector Strength
BAE Systems executed another share repurchase as part of its multi-year buyback initiative, with the stock trading near yearly highs following strong financial results and record order backlog.
Defense Stocks Rally on Middle East Tensions, BAE Systems Leads Gains
BAE Systems shares jumped over 6% in London trading, leading a defense sector rally driven by escalating Middle East tensions. The gains contrasted with a broader market decline.
BAE Systems Retreats from Record High as Investors Digest Strong Outlook
BAE Systems shares pulled back from a 52-week high in early London trading, even as the defence contractor posted robust annual results and issued strong forward guidance. The company's order backlog reached a record level.
BAE Systems Stock Holds Gains on Record Backlog and Dividend Outlook
BAE Systems shares steadied near recent highs following robust 2025 results, a record £83.6 billion order backlog, and positive 2026 guidance. Investors are focused on future cash returns and execution.