Lumentum (LITE) surged to a 52-week high of $1,072.70 after Citic Securities upgraded its target to $1,186 and announced Nasdaq-100 inclusion on May 18.
Browsing: Stocks
QuantumScape (QS) stock jumped 8.22% to $8.29 as the battery tech company expands into AI data centers and defense markets while beating Q1 loss estimates.
Everpure (P) stock surged 15.3% to $90.11 after finalizing its rebrand from Pure Storage and completing the 1touch acquisition on Monday.
e.l.f. Beauty (ELF) shares dropped 8% to 52-week lows after warning of lower profit margins despite beating Q4 earnings and revenue estimates.
Western Digital (WDC) reached an all-time high after beating Q3 earnings estimates with $2.72 EPS, 45% revenue surge, and 20% dividend boost.
Dell (DELL) shares fell 5.5% after UBS downgraded the stock to Neutral, saying AI server demand is fully priced in following a 99% surge in 2026.
Target (TGT) stock plunges nearly 9% across three sessions as CEO doubts surface, Barclays maintains bearish stance, and May 20 earnings approach.
Michael Burry bought MercadoLibre (MELI) in the $1,600s after a 12.7% earnings drop, projecting 15% annual returns over 15+ years with $40B revenue ahead.
IREN stock declined 6% following its $2B convertible notes offering announcement. Details on the 2033-dated debt deal and capped call transactions.
IonQ (IONQ) stock surged 15% after SkyWater shareholders approved the merger deal. The acquisition targets a Q2/Q3 2026 close amid strong revenue growth.
Navitas Semiconductor (NVTS) stock soared 18% to a 52-week high after Cyient launched India’s first GaN power IC family using NVTS technology.
Plug Power (PLUG) reports Q1 earnings Monday. Investors focus on margin recovery, cash burn, asset sales, and the CEO’s Q4 profitability commitment.
Intuitive Surgical (ISRG) tumbles to 52-week low of $427.79 amid institutional selling and FDA safety concerns, despite strong Q1 results and bullish ratings.
Cerebras Systems boosts IPO to $4.8B with shares priced at $150–$160 as demand hits 20x oversubscription ahead of its Nasdaq debut on May 13, 2025.
BP (BP) stock receives dual upgrades from Argus and RBC after Q1 2026 earnings of $1.24/share crushed Wall Street’s $0.91 consensus estimate.