Bloom Energy stock soars on AI deal: can the rally continue?

Shares of Bloom Energy (BE) and Nebius Group jumped on Thursday after the companies announced a long-term partnership aimed at addressing one of the biggest challenges facing artificial intelligence infrastructure expansion: access to reliable electricity. Bloom Energy shares climbed to a fresh 52-week high, rising more than 12% during the session, while Nebius Group stock… Continue reading Bloom Energy stock soars on AI deal: can the rally continue?

Needham says Polaris Forge 3 lease agreement could drive Applied Digital stock higher

Applied Digital (APLD) rallied on May 21 after Needham said the firm’s 15-year lease agreement for 300 MW of critical capacity at its advanced Polaris Forge 3 data center campus in North Dakota will drive its share price higher. In a research note this morning, analyst John Todaro told clients that the multi-billion-dollar hyper-scaler commitment… Continue reading Needham says Polaris Forge 3 lease agreement could drive Applied Digital stock higher

Dow reverses early losses as US-Iran deal hopes lifts markets

US stock markets reversed losses and turned higher on Thursday after reports that the United States and Iran had reached a draft agreement, easing geopolitical concerns and improving investor sentiment following earlier losses tied to uncertainty around the conflict. The Dow Jones Industrial Average rose 309 points, or 0.62%, while the S&P 500 gained 0.37%.… Continue reading Dow reverses early losses as US-Iran deal hopes lifts markets

USA Rare Earth stock jumps as DOE funding fuels growth optimism

Shares of USA Rare Earth USAR moved 8% higher on Thursday after the company was selected for potential funding from the US Department of Energy under its “Critical Materials Innovation, Efficiency and Alternatives” program. The move added fresh momentum to a stock already benefiting from renewed interest in domestic rare earth supply chains. The funding… Continue reading USA Rare Earth stock jumps as DOE funding fuels growth optimism

SpaceX offering IPO access to retail investors: democracy or distraction?

SpaceX has officially shattered Wall Street norms with its landmark S-1 filing, paving the way for a June 12 Nasdaq debut under the ticker SPCX. Seeking to raise a record-breaking $75 billion at a staggering $1.75 trillion valuation, the aerospace giant is executing a highly unconventional playbook. Rather than reserving the lion’s share of the… Continue reading SpaceX offering IPO access to retail investors: democracy or distraction?

Why Spotify stock is surging 14% today?

Spotify (SPOT) shares surged on Thursday after the music streaming company outlined ambitious long-term growth targets at its first investor day since 2022 and unveiled a major artificial intelligence-focused partnership with Universal Music Group, boosting investor optimism about its future beyond streaming. Shares of Spotify rose as much as 14% during the session after management… Continue reading Why Spotify stock is surging 14% today?

Why Nvidia stock is down 2% after blockbuster earnings

Nvidia (NVDA) delivered another blockbuster earnings report, but investors appeared unimpressed as the stock struggled to rally. Shares fell around 1.9% on Thursday morning, with the stock slipping to around $219.62 in early trading. The muted reaction came despite Nvidia once again surpassing Wall Street expectations and forecasting even stronger growth ahead. Nvidia reported fiscal… Continue reading Why Nvidia stock is down 2% after blockbuster earnings

Why is Nio stock falling despite revenue surge and strong EV delivery growth

Shares of Chinese electric vehicle maker Nio came under pressure after options trading reflected mixed investor sentiment and expectations for higher volatility, even as the company reported sharply higher revenue and vehicle deliveries for the first quarter. The derivatives market reaction overshadowed otherwise strong operating results and an optimistic outlook tied to an aggressive product… Continue reading Why is Nio stock falling despite revenue surge and strong EV delivery growth

Crypto platform Blockchain moves ahead with confidential IPO filing

Blockchain.com has confidentially filed for an initial public offering in the United States, the cryptocurrency exchange said on Thursday, marking another potential public market debut from the digital asset sector. Confidential filings with the US securities regulator allow companies to prepare for initial public offerings away from public market scrutiny. The process enables firms to… Continue reading Crypto platform Blockchain moves ahead with confidential IPO filing