Today: 29 April 2026
Browse Category

NASDAQ:CRDO 14 October 2025 - 19 October 2025

AI Boom’s Hidden Gem: Credo (CRDO) Stock Soars on $500 “Purple” Cables and Big Partnerships

AI Boom’s Hidden Gem: Credo (CRDO) Stock Soars on $500 “Purple” Cables and Big Partnerships

Credo’s stock doubled in 2025, reaching around $143 after a 245% jump in 2024, fueled by soaring demand for its AI data center gear. Fiscal 2025 revenue hit $436.8 million, with net profit at $52.2 million. The company unveiled new 1.6Tbps cables and joined Arm’s AI chip ecosystem in October. CRDO’s market cap stands near $25–26 billion, with JPMorgan rating it Overweight despite high volatility.
Credo Technology (CRDO) Stock Rebounds on AI Partnership as Analysts Eye Long-Term Growth

Credo Technology (CRDO) Stock Rebounds on AI Partnership as Analysts Eye Long-Term Growth

Credo Technology Group shares plunged 13% Tuesday to $129.75 after surging to nearly $150 earlier in the week, then rebounded 6% in pre-market trading Wednesday. The company unveiled new “ZeroFlap” optical transceivers and joined Arm’s Total Design ecosystem to co-develop custom AI silicon. Credo also filed for a $750 million stock offering and acquired Hyperlume for about $40–50 million. Revenue jumped 273% last quarter to $223 million.
AI Data Center Goldmine or Bubble? Credo (CRDO) Stock’s Wild Ride Amid New Deals and Big Hype

AI Data Center Goldmine or Bubble? Credo (CRDO) Stock’s Wild Ride Amid New Deals and Big Hype

Credo Technology shares jumped nearly 8% to $149.90 on Monday, then plunged over 13% to about $130 on Tuesday amid volatile trading. The company launched new “ZeroFlap” optical transceivers for AI data centers and joined Arm’s “Total Design” ecosystem. Credo also acquired Hyperlume for up to $50 million and filed to sell $750 million in new shares. Revenue surged 273% last quarter to $223 million.

Stock Market Today

  • Smart Share Global Withdraws ADS Listing from Nasdaq
    April 29, 2026, 1:50 PM EDT. Smart Share Global Ltd has formally withdrawn its American Depositary Shares (ADS) listing from the Nasdaq Stock Market. The move was confirmed through the filing of Form 25 with the U.S. Securities and Exchange Commission, which notifies the removal of a security from exchange listing and registration. Nasdaq executed the delisting based on regulatory compliance provisions under the Securities Exchange Act of 1934. Smart Share Global, headquartered in Shanghai, China, did not disclose detailed reasons behind the withdrawal. This development marks a significant shift for the Chinese firm's market presence in the United States, raising questions about future listing strategies or market focus.

Latest article

Sagtec Global Stock Jumps After Record 2025 Revenue, but Costs Tell a Harder Story

Sagtec Global Stock Jumps After Record 2025 Revenue, but Costs Tell a Harder Story

29 April 2026
Sagtec Global reported 2025 audited revenue of $19.1 million, up 49%, driven by strong growth in services. Shares surged 38% to $2.35 in U.S. trading after volatile swings. Operating income dropped 9% to $2.1 million and earnings per share fell to $0.09 from $0.16, reflecting higher costs after the Nasdaq IPO. Net cash from operations rose 187% to $4.1 million.
Dow Jones Today: Why the Blue-Chip Index Is Sliding Before Powell, Big Tech and the Oil Shock

Dow Jones Today: Why the Blue-Chip Index Is Sliding Before Powell, Big Tech and the Oil Shock

29 April 2026
The Dow Jones Industrial Average dropped 320 points, or 0.65%, to 48,821.82 Wednesday afternoon, heading for a fifth straight loss as investors awaited the Federal Reserve’s rate decision and major tech earnings. Brent crude surged 7.14% to $119.20 after reports of a possible extended Iran blockade. Boeing and Goldman Sachs weighed on the Dow, while Amazon rose and Microsoft slipped in midday trading.
Go toTop