Backblaze Stock Soars as AI Storage Demand Lifts 2026 Outlook
Backblaze Inc. jumped Tuesday, soaring $2.96 to $7.60 after the cloud-storage provider reported a solid first quarter and upped its full-year forecast. Shares saw…
Artificial Intelligence
Backblaze Inc. jumped Tuesday, soaring $2.96 to $7.60 after the cloud-storage provider reported a solid first quarter and upped its full-year forecast. Shares saw heavy volume as investors responded to Backblaze’s push to reposition…
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Backblaze Inc. jumped Tuesday, soaring $2.96 to $7.60 after the cloud-storage provider reported a solid first quarter and upped its full-year forecast. Shares saw…
Cipher Digital Inc. shares jumped Tuesday, even as the company posted a deeper first-quarter loss. Investors zeroed in on Cipher’s announcement of a third…
Eaton stock slipped roughly 2% in New York on Tuesday. The power-management giant delivered record first-quarter sales and bumped up its 2026 organic growth…
Western Digital jumped roughly 6% to $469.44 late Tuesday morning. Shares opened at $455.61 and peaked at $479.94, putting the hard-drive maker within striking…
Bank of Montreal is pushing a revenue-driven AI tool further into its commercial banking operations, tapping payments data to give its sales teams an…
Cloudflare, Inc. shares advanced Tuesday, with the stock catching a lift after the internet infrastructure company announced it had been named a leader in…
Fastly Inc. shares surged late Tuesday morning, continuing a strong 2026 run just ahead of the edge-cloud company’s first-quarter earnings report. As of 1:00…
Shares of DigitalOcean Holdings Inc. surged roughly 36% Tuesday, as the cloud infrastructure provider lifted its revenue forecasts for 2026 and 2027. The company…
Digi Power X Inc., based in Miami, has inked a 10-year deal with Cerebras Systems worth roughly $1.1 billion to colocate a custom-built, 40-megawatt…
Sandisk shares surged again early Tuesday, recently changing hands at $1,372.33, up roughly 9.3%. The stock earlier spiked to an intraday high of $1,397.08.…
U.S. equities bounced higher Tuesday, with tech stocks propelling the Nasdaq out front after a pullback in oil prices lured buyers back to chipmakers…
Netflix’s bigger share buyback is drawing attention to how companies are handling their cash, with investors now sizing up buybacks like Netflix’s against Microsoft’s…
VanEck Semiconductor ETF was hovering close to all-time highs on Tuesday, fueled by ongoing strength in artificial intelligence chipmakers. That surge sent the sector-heavy…
Two days ahead of its quarterly earnings, SoundHound AI rolled out OASYS, a self-learning platform aimed at building and running AI agents. The news…
Figma Inc. traded just above $20 early Tuesday, with the design-software stock squarely in focus as investors eye whether its AI initiatives can reignite…
Pinterest Inc projected second-quarter revenue that beat Wall Street’s expectations, lifting shares in after-hours trading and putting the spotlight back on its ability to…