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Stock Market 24 April 2026

Nvidia Stock Is Near a Record Again. The $300 Case Now Turns on Vera Rubin

Nvidia Stock Is Near a Record Again. The $300 Case Now Turns on Vera Rubin

Nvidia shares rose 4.7% to $209.07 Friday, nearing record highs ahead of its May 20 earnings report. Investors are focused on demand for Nvidia’s upcoming Vera Rubin AI platform and whether cloud customers will keep spending into 2027. The Philadelphia Semiconductor Index hit an all-time high as chip stocks rallied after Intel’s strong outlook. Nvidia reported $68.1 billion in fiscal Q4 revenue, up 73% from a year earlier.
POET Stock Is Flying Again: The Marvell Link, AI Optics Buzz and Tax Fight Behind the Rally

POET Stock Is Flying Again: The Marvell Link, AI Optics Buzz and Tax Fight Behind the Rally

POET Technologies shares rose 27% to $14.93 in late-morning trading Friday after CFO Thomas Mika said the company received a purchase order linked to Marvell Technology. Marvell has not confirmed the order. POET reported $341,202 in Q4 revenue and a $42.7 million net loss, as it shifts from development to production. The rally follows news of Marvell’s acquisition of Celestial AI and reported Google talks.
Scinai Stock Surges on $2.61 Million Private Placement as SCNI Bets on CDMO Expansion

Scinai Stock Surges on $2.61 Million Private Placement as SCNI Bets on CDMO Expansion

Scinai Immunotherapeutics shares soared 82% Friday after the company announced a $2.61 million private placement and warrant inducement to fund its contract drug-manufacturing and immunotherapy work. The financing includes the sale of 5.2 million ADSs at $0.48 each and new warrants, with closing expected around April 27. Scinai reported $1.6 million cash at year-end and a going-concern warning in its latest filing.
24 April 2026
Norfolk Southern Stock Slips as Fuel Shock Puts Its Profit Story to the Test

Norfolk Southern Stock Slips as Fuel Shock Puts Its Profit Story to the Test

Norfolk Southern reported first-quarter net income of $547 million, down from $750 million a year earlier, citing higher fuel costs and merger expenses. Revenue held steady at $3.0 billion, but operating income dropped to $877 million. Shares fell 0.5% as investors focused on fuel price pressures and weak freight volumes. Intermodal traffic slipped 4%, while coal tonnage rose 9% but brought in less revenue.
Synopsys Stock Turns Back Toward AI Chip Race After New TSMC Design Push

Synopsys Stock Turns Back Toward AI Chip Race After New TSMC Design Push

Synopsys announced expanded collaboration with TSMC on advanced chipmaking and packaging for AI, unveiling new design and analysis tools for TSMC’s 3nm, 2nm, A16, and A14 nodes. Shares of Synopsys rose to $483.00 early Friday after an eight-day winning streak ended Thursday. Cadence and Siemens also updated TSMC-related design tools. The news coincided with TSMC’s North America Technology Symposium in Santa Clara.
Joby Aviation’s LA Air Taxi Bet Gets a Rooftop Test as Investors Watch Certification

Joby Aviation’s LA Air Taxi Bet Gets a Rooftop Test as Investors Watch Certification

Reuben Brothers and Joby Aviation announced plans for an air-taxi vertiport at Park Elm Residences at Century Plaza in Los Angeles, using the South Tower’s helipad and adding charging and a passenger lounge. The project requires local, state, and federal approvals. Joby is still seeking commercial certification for its electric aircraft. Residents would be able to book flights within the Los Angeles area.
American Express Stock Is Falling After a Q1 Earnings Beat. The Catch Is Travel.

American Express Stock Is Falling After a Q1 Earnings Beat. The Catch Is Travel.

American Express reported first-quarter earnings per share of $4.28, up 18%, and revenue of $18.9 billion, an 11% increase. Shares fell 4.3% premarket to $318.55 as investors focused on higher expenses and softer airline spending. Net income rose to $3.0 billion, while billed business climbed 9% to $428 billion. The company reaffirmed its 2026 outlook and plans increased marketing and technology spending.
Regeneron Stock Is Back In Focus: Why Wall Street Sees More Upside After Trump Deal

Regeneron Stock Is Back In Focus: Why Wall Street Sees More Upside After Trump Deal

Regeneron shares rose 2.6% Thursday after the company announced a U.S. drug-pricing agreement and said it would offer its new Otarmeni gene therapy free in the U.S. The stock closed at $766.02, up for the week and month but down 1.3% year to date. Raymond James and Cantor Fitzgerald reiterated bullish ratings and high price targets ahead of first-quarter results due April 29.
P&G Beats Wall Street, Then Warns of a $150 Million Cost Hit

P&G Beats Wall Street, Then Warns of a $150 Million Cost Hit

Procter & Gamble reported fiscal Q3 net sales of $21.2 billion, up 7%, and core earnings per share of $1.59, beating estimates. Organic sales rose 3%, the strongest in over a year, with beauty volumes up 5%. The company warned higher commodity and tariff costs tied to Middle East conflict will weigh on fiscal 2026 earnings, now expected at the low end of its range. P&G shares rose 2% in premarket trading.
24 April 2026
IREN Stock Faces May 7 Test as AI Data Center Pivot, Microsoft Deal and $6 Billion Share-Sale Risk Collide

IREN Stock Faces May 7 Test as AI Data Center Pivot, Microsoft Deal and $6 Billion Share-Sale Risk Collide

IREN Limited will report fiscal third-quarter results on May 7 after its shares rose 7.5% to $52.02, bucking a broader market decline. The company, once focused on bitcoin mining, now faces scrutiny over its AI data center expansion and large contracts, including a $9.7 billion deal with Microsoft. IREN’s AI Cloud Services revenue more than doubled last quarter but remains far below mining revenue.
Skillz Stock’s $420 Million Papaya Verdict Rally Faces a Fast Reality Check

Skillz Stock’s $420 Million Papaya Verdict Rally Faces a Fast Reality Check

A Manhattan federal jury ordered Papaya Gaming to pay Skillz Inc. $420 million in a false-advertising case, sending Skillz shares up 238% Thursday before falling 25% pre-market Friday. The dispute centered on Papaya’s alleged use of bots in skill-based games. Judge Denise Cote will rule in June on possible disgorgement. Skillz reported a 2025 net loss of $70.4 million on $104.5 million in revenue.
24 April 2026
Lucid Stock (LCID) Slides to New Low as Uber Robotaxi Bet Fails to Calm Dilution Fears

Lucid Stock (LCID) Slides to New Low as Uber Robotaxi Bet Fails to Calm Dilution Fears

Lucid Group shares fell 9.26% to $6.27 on Thursday, hitting a new low despite a recent $1.05 billion financing package backed by Uber and a Saudi PIF affiliate. The company is seeking approval to add 23.5 million shares to its stock incentive plan. Preliminary first-quarter results show up to $284 million in revenue and a loss of up to $1.005 billion. Investors remain concerned about dilution and ongoing losses.
AMD Stock Jumps as Intel’s AI CPU Boom Puts $500 Billion in Sight

AMD Stock Jumps as Intel’s AI CPU Boom Puts $500 Billion in Sight

AMD shares jumped over 7% in U.S. premarket trading Friday, boosted by strong AI-driven demand for server CPUs following Intel’s earnings report. Premarket prices suggested AMD’s market value could surpass $500 billion, up from $497.79 billion at Thursday’s close. Intel’s Data Center and AI revenue rose 22% to $5.1 billion last quarter. AMD is set to report its own quarterly results on May 5.
Intel Stock Eyes a Record as AI Data Centers Put CPUs Back in Play

Intel Stock Eyes a Record as AI Data Centers Put CPUs Back in Play

Intel forecast second-quarter revenue of $13.8 billion to $14.8 billion, topping analyst estimates after first-quarter sales rose 7% to $13.6 billion. Shares jumped 28% in premarket trading. Tesla plans to use Intel’s 14A process for its Terafab AI chip project, marking Intel Foundry’s first major outside customer. The data center and AI unit reported $5.1 billion in revenue, up 22% from a year ago.
Wren Kitchens Abrupt U.S. Shutdown: Showrooms Close, Layoffs Hit Pennsylvania

Wren Kitchens Abrupt U.S. Shutdown: Showrooms Close, Layoffs Hit Pennsylvania

Wren US Holdings has closed all U.S. showrooms and studios, triggering layoffs at retail and manufacturing sites in northeastern Pennsylvania. The move follows a 2020 expansion that promised 360 jobs in Luzerne County and received state incentives. The exact number of layoffs remains unclear. Wren’s website and phone lines confirmed the shutdown, with no detailed public explanation.
24 April 2026
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Stock Market Today

  • Blackstone (BX) Share Price Drops 22.9% This Year; Analysts Evaluate Fair Value
    May 15, 2026, 4:56 AM EDT. Blackstone's (BX) shares, down 22.9% year-to-date and hovering around $122.46, are drawing fresh scrutiny from investors. Despite recent headwinds, the private equity giant shows a strong three- and five-year return exceeding 60%, though the past year indicated a 13.5% decline. Using the Excess Returns model, which measures returns on equity against funding costs, Blackstone's intrinsic value is estimated at $112.76, slightly below current market price, suggesting shares are fairly valued but close to potential overvaluation. The firm's valuation score rates low at 1 out of 6, signaling caution. Market watchers should stay alert for shifts, as valuation impacts and market conditions continue to evolve.

Latest articles

Redwire Stock Jumps 22% as Drone Showcase Draws Attention to Record Backlog

Redwire Stock Jumps 22% as Drone Showcase Draws Attention to Record Backlog

15 May 2026
JACKSONVILLE, Fla., May 15, 2026, 05:03 EDT Redwire Corporation’s shares jumped more than 22% on Thursday, reviving investor interest in the space-and-defense technology company ahead of a military technology showcase next week and after quarterly results showed a record backlog despite a bigger loss. The stock closed at $13.99, up 22.08%, according to market coverage published Thursday evening. (Insider Monkey) The move matters now because Redwire is trying to sell investors on a broader defense-tech story, not only a space-hardware one. The company said it will be at SOF Week in Tampa, Florida, from May 18 to May 21, where
Sivers Semiconductors Stock: Nasdaq Push Faces Restated Losses and a New Deadline

Sivers Semiconductors Stock: Nasdaq Push Faces Restated Losses and a New Deadline

15 May 2026
Sivers Semiconductors restated its 2024 and 2025 accounts, widening reported losses, as it prepares for a possible Nasdaq New York dual listing. The company delayed its Q1 report to May 29 due to ongoing audit work. Shareholders will vote June 15 on board changes, a no-dividend proposal, a stock-option plan, and new share issue powers. Sivers shares fell 4.7% Friday after a sharp rise earlier in the week.
Coinbase, Robinhood and Strategy Stocks Jump: The Crypto Bill Traders Are Chasing Now

Coinbase, Robinhood and Strategy Stocks Jump: The Crypto Bill Traders Are Chasing Now

15 May 2026
Coinbase, Robinhood, and Strategy each jumped about 5% after the Senate Banking Committee advanced the Digital Asset Market Clarity Act in a 15-9 vote. Bitcoin traded near $80,623 early Friday. The bill would clarify oversight between the SEC and CFTC but faces further legislative hurdles. Coinbase closed at $212.01, Robinhood at $80.70, and Strategy at $186.97.
Sandisk Stock Warning: The $1,150 SNDK Offer Investors Are Being Told to Reject

Sandisk Stock Warning: The $1,150 SNDK Offer Investors Are Being Told to Reject

15 May 2026
Sandisk Corp urged shareholders to reject Tutanota LLC’s unsolicited offer to buy up to 100,000 shares at $1,150 each, about 17% below Thursday’s $1,382.72 closing price. Sandisk said the offer covers less than 0.07% of its stock and warned investors could sell below market value. The offer expires May 20 unless extended. Sandisk shares have surged on strong AI memory chip demand and recent earnings.
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