Fervo Energy soars 30% in Nasdaq debut as AI power demand ignites IPO

Houston-based geothermal startup Fervo Energy surged in its Nasdaq debut on Wednesday, underscoring investor enthusiasm for companies positioned to benefit from the artificial intelligence-driven electricity boom. Shares of Fervo, which trades under the ticker FRVO, jumped more than 30% shortly after trading began, pushing the company’s valuation above $10 billion. The strong debut followed an… Continue reading Fervo Energy soars 30% in Nasdaq debut as AI power demand ignites IPO

Walmart earnings preview: analyst says WMT’s premium multiple is justified

Bentonville-headquartered Walmart Inc (WMT) is in focus as the retail titan prepares to release its first-quarter (Q1) earnings on May 14th – before the opening bell. Consensus is for WMT to earn $0.65 a share (adjusted) on about $172.5 billion in revenue, which represents a meaningful top- and bottom-line growth from $0.61 per share and… Continue reading Walmart earnings preview: analyst says WMT’s premium multiple is justified

Akamai stock soars: here’s why BofA is betting on the stock

Shares of Akamai Technologies (AKAM) surged on Wednesday after Bank of America upgraded the cloud computing company, citing growing confidence in its transformation into an artificial intelligence infrastructure provider. Akamai shares climbed more than 7% during the session to around $160, making the stock one of the top performers in the S&P 500. The rally… Continue reading Akamai stock soars: here’s why BofA is betting on the stock

LinkedIn plans 5% workforce cut, Reuters says while tech layoffs top 100,000 in 2026

LinkedIn plans to inform employees of layoffs on Wednesday as the Microsoft-owned professional networking platform joins a growing list of technology companies trimming staff amid another wave of industry-wide job cuts in 2026, according to Reuters. The company is expected to reduce about 5% of its workforce as part of an organizational restructuring aimed at… Continue reading LinkedIn plans 5% workforce cut, Reuters says while tech layoffs top 100,000 in 2026

Why Ford Motor stock is one of the market’s top performers today

Shares of Ford Motor (F) rallied sharply on Wednesday, outperforming the broader market as investors reacted positively to analyst commentary surrounding the company’s growing energy storage business and its long-term profitability potential. Ford shares climbed as much as 13.15% to $13.56 during trading, making the automaker one of the best-performing stocks in the S&P 500,… Continue reading Why Ford Motor stock is one of the market’s top performers today

Oracle stock is up 1.5% today: analysts see more upside ahead

Oracle stock (ORCL) recovered modestly on Wednesday, rising around 1.5% a day after suffering a sharp 3.6% decline during a broader technology-led selloff triggered by hotter-than-expected inflation data. The rebound offered some relief for investors after a difficult year for the enterprise software giant, whose shares remain down roughly 3.5% year-to-date despite strong enthusiasm around… Continue reading Oracle stock is up 1.5% today: analysts see more upside ahead

Coherent Lumentum stocks continues surge: how high can the AI trade go

Optical networking stocks extended their strong 2026 rally on Wednesday, with shares of Coherent and Lumentum Holdings climbing alongside broader enthusiasm around artificial intelligence infrastructure demand. Coherent shares (COHR) rose 7.2%, while Lumentum gained 3.68%. Applied Optoelectronics surged 10.39%, and Corning added 2.42% as investors continued piling into companies tied to AI data-center buildouts. All… Continue reading Coherent Lumentum stocks continues surge: how high can the AI trade go

Tesla stock climbs 3% as Musk heads to China amid FSD expansion push

Shares of Tesla (TSLA) rebounded sharply on Wednesday, climbing around 3% as investors quickly moved past the previous session’s selloff and refocused on the company’s autonomous driving ambitions. The recovery followed Tuesday’s roughly 3% decline and extended a broader rally that has lifted Tesla shares nearly 10% over the past week. The gains came despite… Continue reading Tesla stock climbs 3% as Musk heads to China amid FSD expansion push

Why Alphabet stock is outperforming broader market today?

Shares of Alphabet Inc. (GOOGL) rose 1.86% on Wednesday as investors responded to continued growth in the company’s Waymo autonomous vehicle business and reports that Google is exploring orbital artificial intelligence data centers alongside SpaceX. The benchmark index S&P 500 was up 0.04% while the Nasdaq Composite gained 0.44%. The stock traded near $395, extending… Continue reading Why Alphabet stock is outperforming broader market today?