Equity News

The company’s results were driven by strong demand for its products in the defense sector.

The S&P 500 and Nasdaq Composite looked set to build on their record rally Thursday, with market veteran Cem Karsan calling the recent advance a “one-in-a-hundred-year” event during in interview with Stocktwits.

CorMedix reported strong Q1 results, with revenue coming at $127.4 million, far exceeding Wall Street’s guidance of around $105 million, according to Fiscal.ai data.

Klarna’s 2022 cohort brought in $12 in annual revenue per consumer in their first year, which has now increased to $52, indicating a massive 333% surge.

The company reported a loss of $0.25 per share on revenue of $187 million, compared to Wall Street estimates of a loss of $0.07 per share on revenue of $205 million.

POET Technologies has signed a supply agreement with Lumilens for electrical-optical interposer-based engines.

The biotech firm unveiled Phase 2 results for Diranersen, its experimental Alzheimer’s therapy.

Telecom operators stated that the joint venture will use satellite-based direct-to-device (D2D) communications technology to expand their wireless mobile networks in rural areas and address coverage gaps.

According to a Reuters report, Huang expressed optimism that Trump and Xi would build on their good relationship during the U.S. President’s two-day state visit to China.

The U.S. President stated that he had very productive and positive conversations with the Chinese delegation on Thursday.

Driven by Papzimeos sales, Precigen posted a revenue of $23.3 million, which came in above Wall Street’s estimates of $20.8 million, according to Fiscal.ai data.

The company said its platform can maintain the data quality standards necessary for AI model training, thus saving time, energy, and resources.

United Microelectronics stated that the new technology platform provides up to 40% reduction in power consumption and 35% reduction in chip area compared to UMC's existing 22-nanometer technology.

Marvell shares gained tracking an upbeat quarterly report from networking market peer Cisco.

Smaller firms, including Group One Trading and Mariner, also aggressively increased positions, though some investors trimmed exposure.

The company reported strong revenue growth and is expanding U.S. manufacturing.

Data from Stocktwits shows that retail sentiment around SPY flipped to “extremely bullish,” while tech optimism lifted QQQ sentiment back into bullish territory as AI momentum stayed firmly in focus.

Cisco reported better-than-expected third-quarter results and raised its forecasts for the year.

Fresh filings showed that BlackRock increased its stake in Sellas by 62% as of March 31, adding 4.7 million shares.

Musk also criticized Delta Air Lines after the airline rejected Starlink for its fleet.

The U.S. Commerce Department has cleared Nvidia server sales to Alibaba, Tencent, JD.com, and ByteDance, among others, according to a Reuters report.

CEO Joe Mastrangelo described the current period as the largest U.S. industrial rebuilding effort in 75 years.

Earlier this week, CEO Kaz Nejatian acquired nearly $500,000 worth of company stock.

Ondas sees Q1 revenue between $38 million and $40 million, against the Street estimate of $39.36 million.

BlackRock increased its AST SpaceMobile stake by 22% as of March 31, adding 2.57 million shares.

The final acceptance window for Northern Data shareholders opens on May 15 and closes on June 1.

U.S. President Donald Trump and about a dozen U.S. tech and business executives are in Beijing for bilateral talks.

Space stocks have rallied amid growing excitement around SpaceX’s potential $2 trillion IPO.

The AI boom is driving gains for a host of hardware companies in the supply chain, including Nokia.

Consumer-facing stocks fell as weaker retail demand and slowing momentum weighed on sentiment.

Wall Street expects Intuitive Machines’ Q1 revenue to more than triple to $205.8 million.

Nebius and Cisco grew from AI demand, while Sellas neared key leukemia trial results.

Cerebras sold shares at $185, above its previously indicated range of $150-$160.

Investors monitored Trump’s Beijing trip to meet Chinese President Xi Jinping, fueling hopes of easing tensions around AI chip exports to China.

Analysts at Argus have upgraded the stock to ‘Buy’ from ‘Hold’.

Cohen, in an interview, criticized eBay’s “entrenched management team with zero skin in the game,” claiming the board and executives earn millions in fees and compensation while delivering an outdated platform.

The FDA approved BEQALZI in the treatment of certain mantle cell lymphoma patients on Wednesday.

Culper’s central thesis is that, despite U.S. export controls, more than 20% of Nvidia’s projected FY2026 compute revenue remains tied to China.

As of May 11, 2026, 78 deaths had occurred in the study, called REGAL, the company said on Tuesday.

Yartemlea net sales in Q1 came in at $9.9 million, higher than the $4.1 million expected by Wall Street.

Cisco to cut 4,000 jobs, which is less than 5% of the total employee base.

Data showed producer prices soared in April, the highest in four years, amid sticky inflation, while investors turned attention to Trump’s China visit.

The battery cell maker’s CEO Raj Talluri said smartphones remain the company’s top priority.

The Senate voted 54-45 on Wednesday to confirm Kevin Warsh as the Federal Reserve’s 17th Chair, succeeding Jerome Powell.

Hyliion expects to sign an additional $40 million to $50 million in military contracts in 2026.

PayPal and Anthropic launch online courses to help small and medium businesses integrate AI into their workflows.

According to TheFly, Craig-Hallum stated that Evolv is well-positioned to exceed full-year 2026 expectations.

According to Semafor, activist investor Irenic Capital — led by Adam Katz — has taken a position in HPE and has engaged directly with executives to express frustrations about the company’s direction.

The Houston, Texas-based geothermal energy firm raised $1.89 billion through an upsized offering, issuing 70 million shares of its common stock.

Arteris reported a 39% jump in first-quarter revenue, beating Wall Street’s estimates, as brokerages chimed in with bullish commentary around its data center business.