Micron (MU) soared 11% to record highs, crossing $700B market cap as AI demand creates global memory shortage. Stock up 120% YTD, 700% annually.
Browsing: News
Louisiana’s HB 53 classifies illegal gambling as racketeering, with 50-year prison terms possible. Governor Landry must decide after vetoing similar 2025 bill.
Tempus AI (TEM) dropped 7% after hours despite beating Q1 estimates, as full-year guidance failed to excite investors. Here’s what went wrong.
Brazil’s Central Bank bans crypto from eFX payments, caps transactions at $10,000, and introduces code 34045 for online betting under Resolution 561/2026.
NCAA demands February 2027 trial for DraftKings trademark lawsuit over March Madness branding. DraftKings says the proposed timeline is unrealistic.
Massachusetts Supreme Judicial Court considers if Kalshi’s sports contracts need state gaming license or fall exclusively under federal CFTC authority.
Lucid (LCID) shares dropped 6.6% after reporting Q1 operating loss of $989M and revenue 36% below estimates. Analysis of earnings and analyst reactions.
Betfred’s Fred Done moved property assets to Jersey before UK inheritance tax changes. Online casino duty rises to 40% as operators seek offshore solutions.
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.