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NASDAQ:MRAM 3 May 2026

Everspin Stock Jumps After $40 Million Defense MRAM Deal — Why Investors Are Watching Now

Everspin Stock Jumps After $40 Million Defense MRAM Deal — Why Investors Are Watching Now

Everspin Technologies shares jumped $3.19 to $21.49 after announcing a $40 million U.S. defense MRAM subcontract with Amentum Services, set to run through November 2028. First-quarter revenue rose to $14.9 million, with MRAM product sales at $14.1 million. The company posted a GAAP net loss of $0.3 million. Second-quarter revenue is forecast at $15.5 million to $16.5 million.

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  • TFI International Shares Soar 43% in April Amid Analyst Target Upgrades
    May 3, 2026, 11:23 AM EDT. Quebec-based TFI International Inc. (TFII:TSX) surged 43% since late March after beating earnings estimates and raising second-quarter guidance. Major banks, including Bank of America, Citigroup and TD Cowen, raised price targets, citing strong momentum and a robust balance sheet. TD Cowen's Jason Seidl increased the target to $209 from $177, pointing to an 'unwarranted' discount compared to peers. CIBC Capital Markets bumped its target to $221 from $185. The stock rebounded sharply after last year's selloff linked to a reversed U.S. headquarters move, up 85% since then. The current 12-month average target stands at $207.75 based on 18 analysts' calls.

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Everspin Stock Jumps After $40 Million Defense MRAM Deal — Why Investors Are Watching Now

Everspin Stock Jumps After $40 Million Defense MRAM Deal — Why Investors Are Watching Now

3 May 2026
Everspin Technologies shares jumped $3.19 to $21.49 after announcing a $40 million U.S. defense MRAM subcontract with Amentum Services, set to run through November 2028. First-quarter revenue rose to $14.9 million, with MRAM product sales at $14.1 million. The company posted a GAAP net loss of $0.3 million. Second-quarter revenue is forecast at $15.5 million to $16.5 million.
Why ON Semiconductor’s $103 Stock Faces a Hard Earnings Test on Monday

Why ON Semiconductor’s $103 Stock Faces a Hard Earnings Test on Monday

3 May 2026
ON Semiconductor will report first-quarter earnings after markets close Monday, with analysts expecting 61 cents per share on $1.49 billion in revenue. Shares closed at $103.03 Friday, up 2.2%, far above the average analyst target of $67.15. Investors are focused on signs of recovery in auto and industrial chip demand. The company’s market value stands at about $42 billion.
Brookfield Renewable Corporation Weighs BEPC Shake-Up After Record Cash Flow and $2.3 Billion Loss

Brookfield Renewable Corporation Weighs BEPC Shake-Up After Record Cash Flow and $2.3 Billion Loss

3 May 2026
Brookfield Renewable said it is reviewing a possible merger of its BEPC shares and Brookfield Renewable Partners units into a single security to improve trading liquidity. BEPC reported a $2.3 billion net loss for the first quarter, mainly from non-cash remeasurement, despite higher funds from operations. The board kept the dividend at 39.2 cents per share. The company completed nearly $4 billion in financings and ended the quarter with $4.7 billion in liquidity.
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