Micron (MU) soared 11% to record highs, crossing $700B market cap as AI demand creates global memory shortage. Stock up 120% YTD, 700% annually.
Author: Trader Edge
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Tempus AI (TEM) dropped 7% after hours despite beating Q1 estimates, as full-year guidance failed to excite investors. Here’s what went wrong.
Lucid (LCID) shares dropped 6.6% after reporting Q1 operating loss of $989M and revenue 36% below estimates. Analysis of earnings and analyst reactions.
Lumentum (LITE) plunged 5.6% after hours despite record Q3 results and strong Q4 guidance. Investors focused on a debt increase to $3.24 billion.
CoreWeave (CRWV) reports Q1 2026 earnings May 7. Revenue seen doubling to $1.97B, options imply 17% move, Jefferies ups target to $160 on major contracts.
Lumen Technologies (LUMN) stock drops after Q1 earnings miss despite revenue beat. Company announces $475M Alkira acquisition and raises FCF guidance.
AppLovin (APP) reports Q1 earnings May 6. Analysts expect ~$1.78B revenue, up 20% YoY, with options pricing a 12.52% swing. Price target implies 37.7% upside.
BigBear.ai (BBAI) stock fell 5% after Q1 earnings missed forecasts with -$0.12 EPS. Revenue beat estimates, but gross margin surged to 34% from 21.3%.
Arm Holdings (ARM) earnings preview: Wall Street expects $0.58 EPS and $1.47B revenue as AGI CPU bet and data center royalties drive investor focus.
Solana co-founder reveals Alpenglow upgrade timeline, promising lightning-fast transaction finality and improved network reliability for developers.
Strategy (MSTR) posted a $12.54B Q1 loss. Michael Saylor now suggests selling Bitcoin for dividends, marking a dramatic shift in the company’s strategy.
Drift Protocol reveals comprehensive recovery plan after $295M hack, featuring user compensation tokens, Tether-backed fund, and Q2 security relaunch.
Bernstein keeps Outperform on Figure Technology (FIGR) stock with $67 target. Loan volumes surge 108% YoY as firm expands into $4T tokenized credit market.
Kraken announces 80% IPO readiness with SEC filing, while MoneyGram partnership enables crypto-to-cash conversion at 500K global retail locations.
Kelp DAO switches to Chainlink after $292M LayerZero bridge hack. The two parties dispute who approved the vulnerable single-verifier configuration.