Fervo Stock Climbs as Utah Geothermal Project Goes Live
The Bill Gates-backed company said its 100 MW Cape Station project is now selling electricity, a milestone for next-gen geothermal.
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#Event-Driven Stocks↓
Apple-Qualcomm Patent Renewal Draws Mixed Analyst Views After 2019 Legal Fight
Qualcomm renewed its Apple patent license from April 1, 2027. After their 2019 legal fight, Apple still needs the patents even as it builds its own modems. Analysts are split.
Meta Stock Gets a Boost After Connect 2026 as Analysts Cheer Muse AI
Analysts lift Meta targets after Connect 2026, citing Muse’s early traction, partner momentum, and a path to AI revenue beyond ads.
Diller Walks Away From MGM Deal: ‘The Mix Wasn’t Coming Together’
People Inc. withdraws its $48.30-a-share cash offer valuing MGM at $18B. Diller keeps a 27% stake and remains open to a future deal.
Everpure Signals Multi-Year Growth as Hyperscaler Demand Builds
Everpure, formerly Pure Storage, set a $7.0B–$7.3B FY28 sales range, above the $6.14B Street view, on hyperscaler wins and AI storage demand.
Alkami Stock Slides More Than 19% After Board Ends Sale Review
The board ended its review of strategic options without a sale. Alkami kept its outlook, but investors priced out takeover hopes.