NasdaqGS:ALAB
NasdaqGS:ALABSemiconductor

Astera Labs (NasdaqGS:ALAB) Appoints Dr. Craig Barratt To Board As Stock Falls 15% Last Week

Astera Labs (NasdaqGS:ALAB) recently launched its Scorpio Smart Fabric Switches, aiming to enhance AI and cloud infrastructure performance. Additionally, the company expanded its Cloud-Scale Interop Lab and appointed Dr. Craig Barratt to the board, reflecting a focus on innovation and leadership. Despite these advancements, the company's share price declined by 15% over the past week. This downturn coincided with a broader market retreat of 1.8%, fueled by concerns over new tariffs and...
NYSE:NU
NYSE:NUBanks

Nu Holdings (NYSE:NU) Shows Resilience With Net Income Doubling Despite Market Challenges

Nu Holdings (NYSE:NU) recently reported its full-year 2024 earnings, showcasing significant growth with net interest income increasing by approximately $2.4 billion, and net income more than doubling from the previous year. The company's basic and diluted EPS also saw substantial improvements, reflecting a strong enhancement in shareholder value. Despite a broadly challenging market, with major indices experiencing declines amid geopolitical uncertainties and new tariffs announced on...
NasdaqCM:RGTI
NasdaqCM:RGTISemiconductor

Rigetti Computing (NasdaqCM:RGTI) Shares Drop 10% In A Week After US$11 Million Sales Dip

Rigetti Computing (NasdaqCM:RGTI) experienced a 10% share price decline over the past week amid a turbulent market and alongside several significant developments within the company. The announcement of a substantial net loss for the full year 2024, with sales falling to $10.79 million, contrasted sharply with rising losses from the previous year, which likely weighed on investor confidence. Additionally, news of executive changes with Cathy McCarthy deciding not to stand for re-election and...