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Archer Aviation Advances UAE Air Taxi Certification, Cathie Wood Increases Stake
Archer Aviation Inc. (ACHR) shares closed flat at $6.11 on May 22. The stock successfully maintained a 5.7% surge recorded during the previous trading...
Keyera faces legal bid to undo $5.3B Plains deal, citing competition risks
Canada's Competition Bureau filed an application with the Competition Tribunal to block Keyera Corp.’s completed acquisition of Plains All American’s Canadian...
Akamai Secures $3 Billion for AI, Prompting S&P Credit Rating Downgrade
Akamai Technologies closed a $3 billion private offering of 0% convertible senior notes. The offering consists of two equal tranches maturing in 2030 and 2032....
Tesla reveals $890 million SpaceX revenue and equity stake, shares rise
A SpaceX IPO filing revealed Tesla generated nearly $890 million in revenue from SpaceX and xAI since 2023. Sales primarily included Megapack battery systems....
Qualcomm Jumps 5% on Stellantis Expansion and New AI Chips
Qualcomm and Stellantis expanded their multi-year partnership to integrate Snapdragon Digital Chassis and Ride Pilot platforms. The deal will deploy these...
Redwire secures eight-figure NATO drone deal, driving analyst price targets higher
Redwire Corporation secured a multi-year, high eight-figure contract from an undisclosed NATO ally for its Penguin Mk3 tactical drones. This agreement follows...
Vistra Shares Surge, as PJM Speeds Up AI Data Center Timeline
Vistra Corp. (VST) shares rallied this week following a strategic shift by U.S. grid operator PJM Interconnection. PJM accelerated its data-center capacity...
Gold Sinks Toward $4,500 as Iran's Uranium Standoff and a Hawkish Fed Collide — Can the Metal Hold Its Floor?
Gold slumped to a two-month low this week, caught between two forces pulling in opposite directions. The metal bottomed at $4,490 in a session before...
Exxon Mobil nears Venezuela return for six oil fields, ending 20-year standoff
Exxon Mobil is negotiating to regain oil production rights in Venezuela. This move follows nearly 20 years since former President Hugo Chávez nationalized the...
United Airlines Surges 10%, Driven by Record 53 Million Summer Forecast
United Airlines shares jumped 9.99% on May 20. The stock closed at $98.02 following a record-breaking summer projection released on May 19. The carrier expects...
Google Faces EU Fraud Complaints, Risking 6% Revenue Fine Over Scams
Alphabet’s Google, Meta, and TikTok face formal EU complaints from the European Consumer Organisation (BEUC) and 29 member groups. These filings under the...
MicroStrategy pitches STRC preferred shares, targeting all Bitcoin supply until 2140
MicroStrategy Executive Chairman Michael Saylor pitched the company’s STRC preferred stock, branded Stretch, during a CNBC appearance. Saylor described the...
Gold Sinks Toward $4,500, Driven by US-Iran Nuclear Impasse and Fed
Gold prices slumped to $4,507 per ounce, testing key support levels near $4,500. Iranian Supreme Leader Ayatollah Mojtaba Khamenei issued a directive banning...
Virtuix Taps Rutgers for AI-Powered Autism Therapy — But Can a $110 Million Company Turn a Research Deal Into Real Revenue?
Shares of Virtuix shifted sharply higher Thursday, jumping 8.7% to $3.50, as investors bet that a new university research partnership could crack open a...
🟢 VTIX is trading 8.7% up today on Rutgers partnership for AI-assisted VR therapy
VTIX is trading 8.7% up at $3.50 after announcing a new collaboration with Rutgers University to develop AI-assisted VR therapy for neurodivergent children. •...
🟢 GFS is trading 4% up today, extending a multi-day rally on $375M federal quantum award
GFS is trading at $84.90 (up 4%) in after-hours trading, extending a sharp ~21% gain since May 20 following a strong two-day rally. • GlobalFoundries has...
🟢 QUBT is trading 5% up today on $2B in CHIPS Act quantum funding
QUBT is trading about 5% up in after-hours trading at $11.99 after the U.S. Department of Commerce announced $2.013 billion in CHIPS and Science Act funding...
🟢 QUBT is trading 5% up today after the U.S. Department of Commerce announced $2 billion in CHIPS Act funding for quantum firms
QUBT is trading up 5% at $11.94 in after-hours trading after the U.S. Department of Commerce announced $2.013 billion in CHIPS and Science Act funding for the...
🔴 BYD is trading 4.5% down today on profit-taking after multi-day rally
BYD is trading 4.5% down at $76.10 after-hours as traders lock in gains following a multi-day rally that saw the stock approach the high-$79s. • The decline...
🔴 BYD is trading 4.5% down today on profit-taking after recent rally
BYD is trading 4.5% down at $76.10 in after-hours trading as the stock pulls back from its recent multi-day rally near the high-$79s. • The move appears to be...