SanDisk (SNDK) drops on Google TurboQuant news. Bernstein sets $1,000 target, calling it an overreaction. Q2 revenue climbed 61% YoY to $3.03B.
Author: Oli Dale
Sony Interactive Entertainment acquires Cinemersive Labs, a UK AI startup specializing in computer vision, to enhance PlayStation game graphics and rendering.
ServiceNow (NOW) stock drops 32% YTD as AI concerns hit SaaS sector. CEO McDermott invests $3M personally while pivoting to token-based pricing model.
Broadcom (AVGO) appoints Amie Thuener, Alphabet’s VP and Chief Accounting Officer, as CFO. Kirsten Spears retires after 12 years. Effective June 2026.
Starbucks (SBUX) stock remained flat Thursday despite completing its China joint venture with Boyu Capital and announcing new U.S. employee benefits.
Dell, Oracle, Nebius, and Palantir all posted exceptional AI-driven growth. Compare their latest earnings, revenue projections, and valuations.
Intel (INTC) stock surged 9% after announcing a $14.2B buyback of its Fab 34 Ireland facility, signaling financial strength and AI-driven CPU demand.
CoreWeave (CRWV) CEO and CSO sold $10.5M in shares after closing $8.5B loan facility. Q4 revenue surged 110% but EPS missed targets by $0.28.
Reddit (RDDT) stock drops 41% YTD as Bank of America cuts target to $175 and CEO Huffman sells $2.39M in shares despite strong Q4 earnings performance.
Tesla (TSLA) stock falls 5% after missing Q1 delivery expectations with 358K vehicles. Energy storage also underperforms. Analysts react mixed.