Palantir stock jumps to biggest gain in over a year after AI rally

Palantir Technologies (PLTR) shares surged on Friday, marking the company’s strongest single-day gain in more than a year as renewed optimism around artificial intelligence helped fuel a broad rally across software stocks. Palantir stock climbed more than 9% to around $156.54 during Friday trading, making the stock’s biggest daily advance since April 2025. The gains… Continue reading Palantir stock jumps to biggest gain in over a year after AI rally

Nextpower stock jumps to record high after $365M Prevalon deal

Shares of Nextpower (NXT) surged to record highs on Friday after the clean energy company announced a deal to acquire battery energy storage firm Prevalon Energy for up to $365 million, a move that deepens its push into AI-driven energy infrastructure markets. Nextpower stock rose as much as 14% during trading to around $156.50, significantly… Continue reading Nextpower stock jumps to record high after $365M Prevalon deal

What SpaceX IPO really means for Virgin Galactic stock

SpaceX has filed its IPO prospectus, targeting a Nasdaq listing under the ticker symbol SPCX with a valuation floor of $1.8 trillion and a capital raise of $75 billion, which would make it the “largest” public offering in history. And while it’s a seismic moment for the space industry, for those holding Virgin Galactic (SPCE)… Continue reading What SpaceX IPO really means for Virgin Galactic stock

Autodesk stock falls as $3.6B MaintainX deal worries investors

Shares of Autodesk ADSK fell sharply on Friday despite the company reporting stronger-than-expected quarterly earnings, as investors reacted cautiously to its planned $3.6 billion acquisition of maintenance software company MaintainX. Autodesk stock dropped about 4% in trading to around $230 after the company announced the all-cash acquisition, its largest deal to date. The decline extended… Continue reading Autodesk stock falls as $3.6B MaintainX deal worries investors

US stocks hit new highs as Trump signals decision on Iran deal nears

US stocks climbed on Friday while crude oil prices fell sharply after President Donald Trump signaled that a decision on a potential agreement with Iran could be imminent. In a post on Truth Social, Trump said he was heading into the Situation Room to make a “final determination” regarding a framework aimed at ending the… Continue reading US stocks hit new highs as Trump signals decision on Iran deal nears

Danish pension fund rejects SpaceX IPO over valuation and governance concerns

A Danish pension fund that previously attracted attention for selling US Treasuries and exiting Tesla has said it will not invest in SpaceX, citing concerns over both valuation and corporate governance. AkademikerPension, which manages approximately $25 billion in assets, said the company is grossly overvalued and suffers from what it described as significant governance shortcomings.… Continue reading Danish pension fund rejects SpaceX IPO over valuation and governance concerns

Dow rises 160 points as AI rally offsets Iran ceasefire uncertainty on Wall Street

Wall Street opened higher on Friday as investors weighed reports of a possible agreement between the United States and Iran alongside continued optimism surrounding artificial intelligence-driven earnings growth. The Dow Jones Industrial Average rose about 169 points, or 0.33%, while the S&P 500 and Nasdaq Composite gained 0.24% and 0.29%, respectively. The cautious gains followed… Continue reading Dow rises 160 points as AI rally offsets Iran ceasefire uncertainty on Wall Street

FTSE 250 heads for weekly gain as Ocado jumps on Asda deal

The UK’s domestically focused FTSE 250 index moved toward a second consecutive weekly gain on Friday, supported by a sharp rise in Ocado shares following a new agreement with supermarket group Asda and reports suggesting progress in efforts to extend a ceasefire between the United States and Iran. The blue-chip FTSE 100 index rose 0.3%… Continue reading FTSE 250 heads for weekly gain as Ocado jumps on Asda deal