Super Micro Soars on Q4 Blowout and FY2027 Revenue Guidance Well Above Consensus
Record backlog and >$60B in new orders drove SMCI’s after-hours jump. FY2027 revenue guided to $65–72B, far above the $52.5B consensus.
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Hub Group Shares Drop as Accounting Restatement Delay Raises Nasdaq Delisting Risk
Must file restated financials by Sept. 14 or face Nasdaq delisting.
Intel CEO Lip-Bu Tan Gets Washington’s Green Light for $20 Billion Share Sale
After securing Commerce Department backing, Intel upsized its share sale to $20 billion. Proceeds will support the Ohio factory and AI growth.
Curaleaf Plans Hostile Takeover Bid for Aurora Cannabis After Board Rejects Talks
The bid carries a 45% premium and aims to create a global cannabis leader.
Joby Aviation to Acquire Resonant Sciences for $500 Million in Major Defense Expansion
JOBY shares drop after new at-the-market (ATM) deal allows the company to sell up to $750 million in stock following the acquisition.
ACV Auctions Explores Sale or Partnership, Shares Jump on Takeover Interest
ACV Auctions stock soars as company considers sale or partnership; no deal is imminent, sources say.