Marvell Technology Rallies as It “Significantly Raises” Revenue Outlook for 2027 and 2028
Marvell Technology reported record Q1 revenue of $2.42B and significantly raised its fiscal 2027 and 2028 outlook on strong AI demand.
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Snowflake Raises Annual Revenue Outlook and Commits $6B to AWS as AI Demand Surges
Snowflake beat expectations as AI demand surged, boosting revenue, customers, and outlook while shares jumped 30% after hours.
Meta Launches Paid Subscriptions for Instagram, Facebook, WhatsApp & AI
Meta launches paid plans for Instagram, Facebook, WhatsApp, and AI, adding extra features and reducing reliance on ads.
MGM Stock Surges as Analysts Predict Las Vegas Comeback
MGM Resorts shares jumped after Truist and JPMorgan upgraded the stock. Analysts cite returning visitors, strong events, and improving Las Vegas Strip demand.
TD Cowen & Evercore ISI Praise “Compelling” EDIT-401 Data as Editas Eyes 2026 Human Trials
Editas’ gene therapy EDIT-401 cut bad cholesterol ~90% in animals; analysts bullish; human trials expected in 2026.
Astrotech Board Approves Historic Lunar Plan for Quantum Manufacturing
Astrotech plans Moon mining for silicon, helium-3, metals, and water to support future AI and quantum computing tech.