Nokia Shares Hit 16-Year High as AI Demand Supercharges Q1 Results
Nokia beat profit forecasts, boosted its AI/cloud growth outlook, and strong data center demand lifted profits and shares.
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Tesla to Use Intel Chips in Terafab Project as Capex Jumps to $25 Billion
Tesla plans to use Intel’s next-gen 14A technology for its Terafab AI chip factory while increasing capital expenditure to $25 billion in 2026.
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.
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.