While the Trump administration has approached TSMC about taking over Intel’s foundry division, it does not want the iconic chipmaker’s business to be wholly foreign-owned.
The Canada-based mining company provided an update on the Terronera project’s status, saying it is 89.4% complete, and the construction is expected to be wrapped up by Q2 2025.
Ciena CEO Gary Smith expressed optimism about the company’s growth prospects in the fiscal year 2025, adding that the company witnessed “strong momentum” across segments, with “positive demand dynamics.”
With CoreWeave being one of the key high-performance computing (HPC) customers of Core Scientific, HC Wainwright analysts think the $12 billion OpenAI deal bodes well for the Texas-headquartered company.
ARB announced that its wholly-owned subsidiary, ARB Agro Technology, has received an order to manage 3,000 acres of palm oil plantations in the Sabah region of Malaysia.
CEO Guy Bernstein said Magic Software continued investment in digital and cloud transformation solutions and expressed confidence in the company’s ability to sustain momentum and drive long-term profitability.
Bitwise’s new fund, the Bitwise Bitcoin Standard Corporations ETF (OWNB), is designed to track publicly traded firms holding at least 1,000 BTC in their treasuries.
However, existing Ethereum ETFs are facing headwinds. Investor withdrawals have totaled $130.4 million over four consecutive days, according to Farside data.
Morgan Stanley’s Keith Weiss said the proposed Moveworks buy expands ServiceNow’s agentic offerings and assists with expansion into areas such as customer relationship management and enterprise/agentic search.
Delta Air Lines now expects 3% to 4% revenue growth in the first quarter of 2025 compared to its initial guidance of 7% to 9% growth. American Airlines expects Q1 revenue to remain flat year-over-year compared to an initial guidance of 3% to 5% growth.
On its analyst day, Teradyne reaffirmed its first-quarter outlook but warned that its second-quarter revenue could be "flat to down 10%" from the prior quarter.
Southwest will also introduce a new, basic fare on its lowest-priced tickets purchased on or after May 28, 2025, before offering assigned seating and extra legroom options.
Loop Capital analyst Alan Gould estimates that Reddit's revenue and earnings before interest, taxes, depreciation, and amortization will grow 36% and 87%, respectively, in 2025.
Trimble also announced an integration of its fleet maintenance software with Daimler Truck North America, aiming to streamline commercial truck repairs and reduce downtime amid rising maintenance costs.
Eaton said the acquisition will generate $110 million of estimated 2025 adjusted earnings before interest, tax, depreciation, and amortization (EBITDA).
The latest triumph comes after IBM secured a legal win on Monday in the U.K. against U.S. tech entrepreneur John Moores and his firm, LzLabs, over allegations of trade secret theft.
Delays in the delivery of critical equipment during Q4 extended the construction of its Terronera mine, but analysts at Alliance Global Partners believe the final timeline remains unimpacted.
The networking systems and software provider is expected to post earnings per share (EPS) of $0.41 during the quarter, falling from $0.66 that it reported in the year-ago period.
The brokerage is optimistic about Credo’s prospects, noting that the company’s portfolio of artificial intelligence (AI) products is underappreciated at the stock’s current levels.
The stock has now erased all gains from Trump's election victory in November, when investors bet Musk's ties to the president would benefit the EV maker.
This is in addition to the previous share buyback authorization, which still has $7.6 billion remaining, the company said, noting that it is working to deliver value to its shareholders.
As of Dec. 31, 2024, Purple Biotech had $8.2 million in cash and short-term deposits, which it expects will be sufficient to fund operations into mid-2026.
Paul Mathews will take up the reins, rising from his previous role as the company’s chief operating officer. Berger, who founded Sunnova more than 12 years ago, will stay on as an advisor to help with the transition.
Jefferies reportedly expects the company to double its market share in experiences to 6%, adding $8 billion in bookings and $1.6 billion in revenue by 2030.
For the current year, BioNTech projected revenue of 1.7 billion euros to 2.2 billion euros, below the market consensus of 2.54 billion euros and a fall from last year's 2.75 billion euros.
The CBOE VIX, which reflects investors' consensus view of future (30-day) expected stock market volatility, surged nearly 18% on Monday to hit 22.74 as of 2:00 p.m. ET, its highest level since August 2024.
Data from Coinglass shows that $288.35 million in crypto positions were wiped out in just four hours, with nearly $250 million coming from leveraged long bets.
The survey highlighted that the share of respondents expecting it will be harder to obtain credit a year from now increased to 46.7% from 35.6%. This reading is the highest since June 2024.
Retail investors on Stocktwits turned less bullish on the stock as Strategy doubled down on its Bitcoin bet, sparking fears of dilution among some investors.
The company said the new service will fly passengers transferring to and from flights at JFK. It will also cater to Long Island and Queens residents commuting to or from Manhattan for business or leisure on weekdays.
Revenue declined 46% year-over-year to $18.54 million but came in better than a Wall Street estimate of $9.38 million, according to Stocktwits data. Adjusted losses stood at $1.32 per share compared to a projected loss of $1.90.
Rocket Companies said it will benefit from Redfin's nearly 50 million monthly visitors, one million active purchase and rental listings, and staff of over 2,200 real estate agents across 42 states.
At the White House Crypto Summit, President Donald Trump accused the Biden administration of selling billions of dollars worth of Bitcoin and said his administration would not follow the same playbook.
Veren shareholders will receive 1.05 common shares of Whitecap for each common share of Veren. Once the deal is closed, Whitecap shareholders will own approximately 48%, and Veren shareholders will own approximately 52% of the combined company.
Investor attention is now on whether Merck will confirm a formal offer as speculation over a potential acquisition continues dominating discussions around the stock.
The surge comes at a time when China’s DeepSeek AI model has threatened to dethrone its top rivals in the West, including OpenAI, Claude, Meta’s Llama, among others.
UBS said the setup going into Oracle’s third-quarter print, given the stock’s 17% decline over the past three weeks, solid channel checks and a pending lift from Stargate.
Speculation over an impending reverse merger, a Phase 2 trial announcement, comments about upcoming cancer screening tests, a Medicare business deal, and an obesity drug partnership sparked buzz among Stocktwits users for the week ended March 7, 2025.
