Tesla (TSLA) stock declines after Q1 results reveal $25B capex plan and record production-delivery mismatch, despite earnings beat and margin improvements.
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Verizon (VZ) stock surges 4% after beating Q1 estimates with 55,000 new postpaid subscribers and raising full-year guidance to $4.95-$4.99 per share.
ARK Invest purchases $71.5M in Amazon (AMZN) stock while selling $65.8M AMD shares. Wood’s strategic shift comes ahead of Q1 earnings season.
X-Energy (XE) shares surged 27% in their Nasdaq debut after a $1B IPO. Amazon and Ken Griffin backed the nuclear energy company targeting AI data centers.
Sandisk (SNDK) jumps 6% near all-time highs as AI-driven memory demand fuels 61% revenue growth and EPS more than doubles analyst forecasts.
Micron (MU) and Seagate (STX) have sold out 2026 inventory as AI infrastructure demand drives memory chip and storage prices higher. HBM4 debuts.
Intellia (NTLA) stock fell 3% after successful Phase 3 HAELO trial data. Treatment showed 87% attack reduction. FDA filing begun, 2027 U.S. launch expected.
SpaceX files for IPO targeting $1.75-$2T valuation. Starlink revenue hits $11.4B with 63% margins, outpacing major telecom competitors.
Qualcomm (QCOM) stock rallied 11% premarket as analyst Ming-Chi Kuo revealed OpenAI’s partnership with QCOM and MediaTek for AI smartphone processors.
POET Technologies (POET) stock doubled on confirmed Marvell supply deal for 800G optical engines, reaching an 11-year high before pulling back on profit-taking.
Intel (INTC) stock surged 24% after crushing Q1 earnings with $0.29 EPS vs $0.01 estimate. AI server demand and Tesla foundry deal drive the rally.
Elon Musk’s $150B lawsuit against OpenAI and Sam Altman begins Monday. The trial could derail the company’s $1 trillion IPO and force a nonprofit reversal.
Meta (META) stock drops 2.41% after China’s NDRC vetoes its $2B+ Manus AI acquisition, signaling Beijing’s stance on protecting domestic AI assets.
Citigroup raises Brent crude forecast to $120/barrel while Goldman Sachs increases Q4 target to $90 amid ongoing Strait of Hormuz closure crisis.
Former TSMC engineer sentenced to 10 years for stealing chip secrets. Tokyo Electron fined $4.8M in Taiwan’s first national security IP case.