Today: 24 June 2026
Browse Category

NASDAQ:BLZE 5 May 2026 - 24 June 2026

Backblaze rally leaves CoreWeave deal below stated price

Backblaze rally leaves CoreWeave deal below stated price

Backblaze surged 43.6% after landing a $335 million CoreWeave contract—4.2 times its 2025 B2 Cloud Storage revenue—but the stock’s $213 million equity gain values the deal at just 63 cents per contract dollar, as investors weigh costs, timing, and potential dilution from CoreWeave warrants covering up to 7% of shares.
24 June 2026
·
Backblaze Stock Soars as AI Storage Demand Lifts 2026 Outlook

Backblaze Stock Soars as AI Storage Demand Lifts 2026 Outlook

Backblaze shares rose $2.96 to $7.60 Tuesday after the company raised its 2026 revenue and adjusted EBITDA margin forecasts. First-quarter revenue climbed 12% to $38.7 million, with B2 Cloud Storage up 24% to $22.4 million. The company cited strong demand from AI customers, who now account for a growing share of business. Core backup services remain weak amid heavy competition.
5 May 2026
···

Stock Market Today

  • Nasdaq CFO Emphasizes AI Leadership Across Organizations
    June 24, 2026, 9:19 AM EDT. Sarah Youngwood, Nasdaq's EVP and CFO, highlights that AI is reshaping financial markets and operations beyond being a standalone project. She stresses the importance of CFOs and leaders undergoing AI training themselves to effectively guide AI strategy and maximize value. Nasdaq's AI platform, used by 650 financial institutions, showcases how embedded AI capabilities are fueling growth and innovation. Youngwood advises companies to focus first on quality data, followed by team training and active leadership engagement. In finance, AI is expected to enhance forecasting and decision-making, while governance and human oversight remain crucial for successful adoption.
Arqit Quantum (NASDAQ:ARQQ) climbs after fresh U.S. quantum security deals, SEC filing

Arqit Quantum (NASDAQ:ARQQ) climbs after fresh U.S. quantum security deals, SEC filing

24 June 2026
Arqit Quantum surged 35.6% after U.S. executive orders on June 22 spotlighted post-quantum cryptography, the encryption Arqit sells, with shares quoted up again premarket; a Millennium-linked group briefly held over 5% but fell below that threshold, and a $7 million legal settlement was approved, resolving all U.S. class actions against the company.
Tencent stock up as firm tests WeCom AI tool, files share buyback

Tencent stock up as firm tests WeCom AI tool, files share buyback

24 June 2026
Tencent soared 3.38% to HK$428.80 after its WeCom app began limited rollout of Dayuan, an AI agent built on DeepSeek V4, with the news helping push shares up over 5% in afternoon trade; Tencent also repurchased 1.183 million shares for HK$500.7 million, while the AI push raises spending and adoption risks remain.
Ambu falls after Danske Bank downgrades on urology concerns

Ambu falls after Danske Bank downgrades on urology concerns

24 June 2026
Ambu shares plunged 9.4% to 56.75 DKK after Danske Bank downgraded the stock to “sell” and slashed its price target to 58 DKK, citing faster-than-expected competition and price pressure in urology, weak ureteroscope traction, and a limited product portfolio versus rivals, despite ongoing share buybacks and recent endoscopy growth.
Go toTop