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Giga Device Semiconductor Class A stock hits limit-up in Shanghai as memory-price bets build into Monday

Giga Device Semiconductor Class A stock hits limit-up in Shanghai as memory-price bets build into Monday

GigaDevice Semiconductor’s Shanghai shares surged 10% to 280.46 yuan Friday, hitting their daily limit on heavy volume. Hong Kong-listed shares jumped 16.7% to HK$272. Semiconductor stocks outperformed as memory prices climbed and traders looked ahead to the company’s March 31 earnings. Mainland markets remain closed until Monday.

Stock Market Today

  • JPMorgan Raises Bloom Energy Price Target on Strong AI Data Center Deal
    April 29, 2026, 10:27 PM EDT. Bloom Energy (BE) shares have surged over 1,400% in the past year, boosted further by a significant AI data center power agreement with Oracle. JPMorgan Chase raised its price target to $267 from $231, and Susquehanna International Group lifted its target to $293, reflecting heightened confidence in Bloom's role in AI infrastructure. The company reported Q1 2026 revenue of $751.1 million, up 130.4% year-on-year, and increased its full-year guidance to $3.4-$3.8 billion. Bloom's profitability improved with GAAP operating income of $72.2 million, showing operational leverage. While optimism grows, market watchers await confirmation that Bloom can consistently execute its expansion and meet raised forecasts without delays.

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Soluna Holdings Stock Jumps After Sazmining Bitcoin Deal, Then SEC Resale Filing Lands

Soluna Holdings Stock Jumps After Sazmining Bitcoin Deal, Then SEC Resale Filing Lands

30 April 2026
Soluna Holdings filed to register the resale of about 2.46 million common shares, with no proceeds going to the company. The move follows Sazmining’s launch of a 3-megawatt Bitcoin mining operation at Soluna’s Project Dorothy 1B in West Texas. Soluna shares last traded at $1.28, up from a $1.08 Nasdaq sale price on April 28. The registered shares include 2.4 million issuable to YA II PN, LTD. via warrant exercise.
Brookfield Renewable Stock Drops 12% Before Q1 Results as BEPC Investors Brace for Friday

Brookfield Renewable Stock Drops 12% Before Q1 Results as BEPC Investors Brace for Friday

30 April 2026
Brookfield Renewable Corp’s NYSE shares fell 12.5% to $35.20 on Wednesday, with volume quadrupling the three-month average ahead of first-quarter results due Friday. The drop came despite a higher quarterly dividend and mixed analyst views. The company operates 47 GW of clean energy assets globally. Analysts expect a first-quarter loss of 33.92 cents per share on $1.62 billion in revenue.
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