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NASDAQ:SKYS 4 May 2026

Why Skycorp Solar Stock Is Surging Today After Its $20 Million Nanjing Cesun Deal

Why Skycorp Solar Stock Is Surging Today After Its $20 Million Nanjing Cesun Deal

Skycorp Solar Group shares jumped 82% to $5.23 in U.S. premarket trading after it agreed to buy the remaining 56% of Nanjing Cesun Power for $20.2 million in stock. The deal follows Skycorp’s recent compliance with Nasdaq’s $1 minimum bid rule after a 1-for-20 reverse split. The company will also raise $3 million in a private share sale at a 30% discount. Skycorp’s share count will nearly double if the deals close.

Stock Market Today

  • Gym Group Rated Strong Buy by All Analysts with 30% Upside Potential
    May 13, 2026, 10:36 AM EDT. Gym Group (LSE:GYM) is gaining momentum in the FTSE All-Share Index, climbing from 83p in April 2023 to 186p. All nine analysts covering the stock rate it a Strong Buy, projecting a further 30% rise to 242p within 12 months. The UK-based 24/7 gym operator is rebuilding post-pandemic profitability, reporting a 68% net profit increase to £7.4 million last year and expanding membership to 1 million. Growth efforts include opening 75 new sites funded entirely by free cash flow, which rose 10% to £38.3 million. Despite strong fundamentals, Gym Group faces competition and trades at a high 35 times forward earnings, with no dividend paid. Investors will rely on share price appreciation amid a booming fitness industry driven by younger demographics.

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Nokia Oyj’s AI Turn Gets a New Boss as Shares Rally Again

Nokia Oyj’s AI Turn Gets a New Boss as Shares Rally Again

13 May 2026
Nokia appointed Siemens executive Emma Falck to lead its Mobile Infrastructure unit starting Sept. 1 and join its group leadership team. Nokia shares rose 5.5% in Helsinki after first-quarter profit jumped 54% and sales to AI and cloud customers increased 49%. The company also launched new agentic AI tools for broadband networks. Falck previously held senior roles at Siemens, BCG, and KONE.
Intel Stock’s $440 Billion Run Has a New Problem: Short Sellers Are Back

Intel Stock’s $440 Billion Run Has a New Problem: Short Sellers Are Back

13 May 2026
Intel shares fell about 2% to $118.23 in early trading Wednesday, after a six-week rally added over $440 billion in market value. Short interest is near a 52-week high, with bearish traders facing more than $12 billion in paper losses, according to S3 Partners. Chip stocks now make up 18% of the S&P 500’s weight, driving most of this year’s index gains.

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Wolfspeed Stock Rally Tests Whether WOLF’s Balance-Sheet Fix Can Beat Negative Margins

Wolfspeed Stock Rally Tests Whether WOLF’s Balance-Sheet Fix Can Beat Negative Margins

13 May 2026
Wolfspeed shares closed Tuesday at $53.72, up 6.8%, then showed a premarket quote of $77.00, a 43% jump, as traders focused on debt reduction and high short interest. Fiscal Q3 revenue fell 19% to $150.2 million, gross margin remained negative, but net loss narrowed and interest expense dropped 39%. Short interest stood at 16.1 million shares, about a third of the float.
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