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Technology

STMicroelectronics raises data center revenue outlook to $1B on AI surge

STMicroelectronics (NYSE:STM) has upwardly revised its revenue targets for its data center business, citing a sharp acceleration in demand for artificial intelligence infrastructure and successful capacity expansions across its manufacturing network.

Leia mais: STMicroelectronics raises data center revenue outlook to $1B on AI surge
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Diana Shipping slams Genco board over third rejection of $24.80 tender offer

Diana Shipping (NYSE:DSX) escalated its hostile takeover campaign for Genco Shipping & Trading (NYSE:GNK), sharply criticizing the Genco board’s third consecutive rejection of its all-cash tender offer and making a direct appeal to shareholders for a sweeping leadership overhaul.

Leia mais: Diana Shipping slams Genco board over third rejection of $24.80 tender offer
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Technology

Hewlett Packard Enterprise beats outlook with record $10.7B Q2 revenue

Hewlett Packard Enterprise (NYSE:HPE) announced Monday its financial results for the fiscal second quarter ended April 30, 2026, delivering record-breaking top-line growth that significantly exceeded both Wall Street expectations and the company's internal projections.

Leia mais: Hewlett Packard Enterprise beats outlook with record $10.7B Q2 revenue
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Technology

Credo Technology Q4 revenue rises 157% on scaling demand

Credo Technology Group Holding (NASDAQ:CRDO) reported its financial and operating results for the fourth quarter and full fiscal year 2026 ended May 2, 2026, delivering triple-digit top-line expansion fueled by accelerated global demand for high-speed, energy-efficient data connectivity infrastructure.

Leia mais: Credo Technology Q4 revenue rises 157% on scaling demand
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Wise stock tumbles on reports of Belgian anti-money laundering investigation

Shares of cross-border fintech specialist Wise (NASDAQ:WSE) fell as much as 19% in London on Monday following confirmation from Belgian prosecutors that they are investigating the company’s European division over potential money-laundering offenses.

Leia mais: Wise stock tumbles on reports of Belgian anti-money laundering investigation
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Technology

Anthropic confidentially files for IPO following trillion-dollar valuation milestone

Artificial intelligence researcher and developer Anthropic announced Monday that it has taken its first official step toward public capital markets, submitting confidential draft paperwork to the U.S. Securities and Exchange Commission (SEC) for an initial public offering (IPO).

Leia mais: Anthropic confidentially files for IPO following trillion-dollar valuation milestone
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Legend Biotech highlights solid tumor advance and long-term multiple myeloma survival at ASCO 2026

Legend Biotech (NASDAQ:LEGN) presented first-in-human clinical data for its investigational solid tumor therapy alongside long-term tracking metrics for its commercially approved blood cancer asset at the 2026 American Society of Clinical Oncology (ASCO) Annual Meeting in Chicago.

Leia mais: Legend Biotech highlights solid tumor advance and long-term multiple myeloma survival at ASCO 2026
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People Incorporated proposes full takeover of MGM Resorts in cash deal

People Incorporated, the digital media and internet conglomerate formerly known as IAC (NASDAQ:IAC), announced Monday that it has submitted a non-binding proposal to the Board of Directors of MGM Resorts International (NYSE:MGM) to acquire all of the outstanding shares of the hospitality giant it does not currently own.

Leia mais: People Incorporated proposes full takeover of MGM Resorts in cash deal
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Technology

Nvidia’s new AI PC chip boosts Microsoft, Dell, and HP stocks

Software giant Microsoft (NASDAQ:MSFT) and computer hardware manufacturers Dell Technologies (NYSE:DELL) and HP (NYSE:HPE) saw their shares rise in premarket trading on Monday morning following a major market expansion announcement from artificial intelligence chip heavyweight Nvidia (NASDAQ:NVDA).

Leia mais: Nvidia’s new AI PC chip boosts Microsoft, Dell, and HP stocks
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Greenwich LifeSciences reports rising immune responses in Phase III breast cancer trial

Greenwich LifeSciences (NASDAQ:GLSI) reported new open-label immune response data from its ongoing Phase III FLAMINGO-01 clinical trial evaluating its lead immunotherapy candidate, GLSI-100, in patients with HER2-positive breast cancer.

Leia mais: Greenwich LifeSciences reports rising immune responses in Phase III breast cancer trial
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Retail

Rocky Mountain Chocolate Factory narrows full-year losses as turnaround effort takes shape

Rocky Mountain Chocolate Factory (NASDAQ:RMCF) reported its financial and operating results for the fiscal fourth quarter and full year ended February 28, 2026, revealing a planned contraction in lower-margin sales alongside structural improvements in its underlying expense profile and product profit margins.

Leia mais: Rocky Mountain Chocolate Factory narrows full-year losses as turnaround effort takes shape
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Technology

SOLAI agrees to buy control of Singapore AI developer in shift from crypto mining

SOLAI (NYSE:SLAI) has reached an agreement to acquire a controlling interest in a Singaporean artificial intelligence developer, accelerating its corporate pivot away from cryptocurrency mining operations toward an AI-first infrastructure platform.

Leia mais: SOLAI agrees to buy control of Singapore AI developer in shift from crypto mining
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AstraZeneca immunotherapy combo curbs liver cancer progression in Phase III win

AstraZeneca (NASDAQ:AZN) unveiled positive data from its late-stage EMERALD-3 clinical trial on Monday, demonstrating that adding its dual-immunotherapy regimen to standard localized therapy significantly slows disease progression in patients battling early-stage, unresectable liver cancer.

Leia mais: AstraZeneca immunotherapy combo curbs liver cancer progression in Phase III win