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30-Second Stock Market Review
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1οΈβ£
$INTU down 20% after reporting financial results and issuing forward guidance below estimates. Also, the company received multiple price target cuts from investment firms.
2οΈβ£
$INFQ up 33% after the company signed a LOI with the US Department of Commerceβs CHIPS R&D office for $100M in milestone-based funding to advance neutral-atom quantum computing.
3οΈβ£
$SNDK up 10% as shares of memory sector stocks were broadly higher on Thursday.
4οΈβ£
$ENPH up 15% after the company published a technical white paper on GaN technology for next-generation distributed power electronics.
5οΈβ£
$RL up 14% after the company reported better-than-expected financial results and Needham raised its price target on the stock.
6οΈβ£
$IBM up 11% after the company announced it received a $1B award and a letter of intent to build an American quantum chip foundry.
7οΈβ£
$WMT down 6% after the company reported financial results and affirmed its FY27 guidance, which was below estimates.
8οΈβ£
$ARM up 13% after
$NVDA earnings boosted the AI sector outlook.
9οΈβ£
$DE down 5% after reporting financial results and reiterated its tariff exposure remained at around $900M.
π
$BE up 9% after the company recently announced an agreement with
$NBIS to supply fuel cells to help power Nebiusβs AI cloud infrastructure.
Market News
π Oil prices were volatile amid conflicting headlines around a potential draft agreement between the U.S. and Iran.
π OpenAI generated about $5.7B in revenue in Q1, according to The Information.
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*Information is from sources believed to be reliable. CenterPoint Securities cannot guarantee the accuracy or completeness of such information. This material should not be viewed as a recommendation to buy or sell any securities or to adopt any investment strategy.