Poet Technologies Surges as CFO Confirms Marvell Order & Blasts Short Sellers as “Maggots”
POET stock jumped about 25% to $12.80 after news it supplies Marvell. It has more than doubled in 9 trading days.
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Lululemon Names Former Nike Executive Heidi O'Neill as New CEO
Lululemon hires ex-Nike exec Heidi O’Neill as CEO to revive US sales after decline, rising competition, and slowing growth.
ServiceNow Q1 2026: Beats Estimates and Raises Outlook — But Shares Drop on Middle East Delays and Armis Costs
ServiceNow crushed Q1 2026 estimates with 22% subscription revenue growth and raised full-year guidance. However, Middle East deal delays and Armis acquisition costs sent shares tumbling.
IBM Q1 2026 Earnings Beat Estimates, But Shares Drop on AI Jitters
IBM had a strong Q1 2026: revenue up 9%, profits beat expectations, AI and cloud drove growth, but stock fell on AI fears.
Tesla Q1 2026 Earnings: Massive $1.44B Cash Flow Surprise Crushes Wall Street Expectations
Tesla shocked Wall Street with $1.44B positive free cash flow in Q1 2026 (vs expected cash burn). Revenue +16%, record margins, FSD & Robotaxi momentum.
TSMC Delays $410 Million ASML Machines Until 2029 to Cut Costs
TSMC will postpone using ASML’s most advanced high-NA EUV lithography machines until 2029 to cut costs. A13 chips entering production and new Arizona packaging plant also announced.