Wolfspeed Stock Jumps as 5% Stake and New Executives Put Turnaround in Focus
Wolfspeed Inc. climbed sharply in Friday's afternoon session. A new securities filing revealed that a group associated with Susquehanna and Capital Ventures now holds…
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Wolfspeed Inc. climbed sharply in Friday's afternoon session. A new securities filing revealed that a group associated with Susquehanna and Capital Ventures now holds…
ARCHIMED is buying Esperion Therapeutics Inc. in a transaction valued at up to $1.1 billion, the companies said Friday. Shares of Esperion jumped on…
The Dow Jones Industrial Average lost steam Friday, pulling back from an early run at 50,000. By 12:34 p.m. in New York, the index…
The S&P 500 and Nasdaq Composite notched new highs on Friday, carrying forward Wall Street’s April comeback. Apple and software names did the heavy…
Recursion Pharmaceuticals announced that founder and board chair Chris Gibson won’t seek re-election at this year’s annual meeting, marking another step back from direct…
Blackstone Inc. is launching Blackstone N1, a new San Francisco-based division aimed at consolidating its artificial-intelligence and high-growth tech investments—a sharper AI push for…
Colgate-Palmolive on Friday projected roughly $300 million in additional raw-material and logistics expenses for this year. Still, robust international sales pushed first-quarter results past…
Roku Inc lifted its full-year forecast for platform revenue following stronger-than-anticipated gains in first-quarter advertising and subscriptions, sparking a rise in the streaming platform's…
Zeta Global Holdings Corp. shares climbed late Friday morning in New York after the marketing-tech company boosted its 2026 revenue and free-cash-flow targets and…
Rivian Automotive stock slid 5.7% to $15.47 late Friday morning, after the EV maker announced its federal loan for a new Georgia plant would…
Twilio Inc. shares surged nearly 20% Friday, after the cloud communications firm raised its full-year outlook and delivered an earnings beat that resonated with…
Spirit Airlines is moving toward shutting down, The Wall Street Journal said Friday, after the bankrupt low-cost carrier couldn't secure backing from bondholders or…
Tempus AI Inc has set May 29 for its inaugural investor day, aiming to convince Wall Street it’s more than just a genetic testing…
Ciena Corporation’s AI-networking surge just got a more cautious look from Wall Street: Rothschild & Co Redburn initiated the stock at Neutral with a…
Cue Biopharma surged Friday morning, the stock boosted by news of a fresh allergy drug license. The Boston biotech also unveiled a $30 million…
Sandisk Corporation rode rising AI storage demand to a robust quarter, topped analysts’ forecasts, and rolled out a $6 billion stock buyback—moves that push…