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...
NYSE:PSTG
NYSE:PSTGTech

Pure Storage (NYSE:PSTG) Launches FlashBlade//EXA Platform as Stock Falls 10% This Week

Pure Storage (NYSE:PSTG) recently introduced its FlashBlade//EXA™, a data storage platform aimed at advancing AI and HPC applications. Despite this innovation, the company's stock fell 10% over the past week. This decline coincided with a broader market downturn, as major indexes registered losses triggered by President Trump's announcement of tariffs on imported automobiles. The market has been pressured by concerns over economic uncertainty, which saw the S&P 500 fall by 1% this week. The...
NYSE:EPAM
NYSE:EPAMIT

EPAM Systems (NYSE:EPAM) Faces Shareholder Activism Amid Proxy Vote Solicitation

EPAM Systems (NYSE:EPAM) recently filed a preliminary proxy statement urging shareholders to vote against a proposal to amend voting requirements, reflecting ongoing investor activism. This move could have introduced uncertainty, contributing to the company's 3.63% stock decline over the past week. This decline occurs amid broader market pressures, where shares dropped due to tariff announcements affecting market sentiment, particularly impacting the tech sector, as seen with counterparts...
NasdaqGS:ALNY
NasdaqGS:ALNYBiotechs

Alnylam Pharmaceuticals (NasdaqGS:ALNY) Celebrates FDA Approval of Qfitlia Despite 5% Share Price Dip

Alnylam Pharmaceuticals (NasdaqGS:ALNY) saw a 13% share price increase in the last quarter, propelled by the FDA approval of Qfitlia™ for hemophilia A or B, a significant milestone reflecting its leadership in RNAi therapeutics. Despite broader market declines due to renewed tariff concerns impacting sectors like auto, Alnylam's R&D advancements and robust earnings report, showing nearly 35% growth in revenue, likely contributed to the stock's positive performance. The company's strategic...
NasdaqGS:BIDU
NasdaqGS:BIDUInteractive Media and Services

Baidu (NasdaqGS:BIDU) Expands Apollo Go To Dubai Testing Autonomous Services

Baidu (NasdaqGS:BIDU) has made headlines with its recent strategic cooperation with Dubai’s Roads and Transport Authority to launch autonomous driving services, marking the international expansion of its Apollo Go platform. Over the last quarter, the company's stock price increased by over 7%, a significant move considering the broader market trends, with the Nasdaq Composite seeing a decline during the same period. The strategic alignment in Dubai is a key development, showcasing Baidu’s...
NasdaqGS:KHC
NasdaqGS:KHCFood

Kraft Heinz (NasdaqGS:KHC) Faces Shareholder Pressure For Change With Independent Chair Proposal

Kraft Heinz (NasdaqGS:KHC) is experiencing significant shareholder activism with two key proposals regarding board governance and environmental claims. The company's recommendation for shareholders to vote against both proposals has been met with close attention ahead of the upcoming annual meeting. This focus on governance and accountability, however, resulted in a share price increase of 2.44% over the week, contrasting with a general market downturn of 1.8%, influenced by new tariffs on...
NYSE:WELL
NYSE:WELLHealth Care REITs

Welltower (NYSE:WELL) Launches US$7.5B Offering, Withdraws US$5B Proposal Amid 5% Rise

Welltower (NYSE:WELL) recently saw a 23% price increase over the last quarter, a move possibly influenced by significant corporate actions and broader market trends. The company announced major equity offering plans, filing for a $7.5 billion offering and withdrawing a $5 billion one, which might have affected investor sentiment. Additionally, stellar earnings results, with net income and revenue up substantially from the previous year, likely bolstered the share price. Amid this, Welltower's...
NYSE:LUMN
NYSE:LUMNTelecom

Lumen Technologies (NYSE:LUMN) Stock Dips 16% Over Month As Acquisition Talks With AT&T Surface

Lumen Technologies (NYSE:LUMN) experienced a 16% decline in its stock price over the past month. This movement coincides with recent collaborations and potential acquisition talks. The successful trial of a 1.2 terabit wavelength service in partnership with Ciena, which demonstrates Lumen's technological advancements, could have affected investor sentiment. Additionally, reports of acquisition discussions with AT&T for its consumer fiber operations may have added to market uncertainty...
NYSE:WRB
NYSE:WRBInsurance

W. R. Berkley (NYSE:WRB) Jumps 21% Last Quarter Following Strong Q4 2024 Earnings

W. R. Berkley (NYSE:WRB) recently announced key initiatives, such as appointing Heath Kidd as Executive Vice President and forming Berkley Embedded Solutions to enhance its insurance offerings, which may relate to its 21% stock price increase last quarter. The company's strong Q4 2024 earnings, alongside share buybacks totaling $67 million, likely supported investor confidence. Despite broader market declines amid tariff concerns and economic uncertainty, WRB’s focus on innovation appears to...
NYSE:WOLF
NYSE:WOLFSemiconductor

Wolfspeed (NYSE:WOLF) Shares Plummet 59% After Confirming US$270-295 Million Net Loss

Wolfspeed (NYSE:WOLF) faced a significant challenge last month, with its share price plunging 58%. This remarkable decline can be linked to reaffirmed guidance projecting a GAAP net loss of $270 million to $295 million, indicating possible investor concerns about Wolfspeed's financial health. Additionally, while the broader market faced modest declines amid escalating tariff concerns, which affected technology stocks in particular, Wolfspeed’s executive change announcements might have added...
NasdaqGS:VRTX
NasdaqGS:VRTXBiotechs

Vertex Pharmaceuticals (NasdaqGS:VRTX) Advances Diabetes Portfolio Despite 2% Decline in Share Price

Vertex Pharmaceuticals (NasdaqGS:VRTX) saw a notable 20.53% share price increase over the last quarter, which coincided with several key developments in its Type 1 Diabetes (T1D) initiatives. The company announced the completion of enrollment for the VX-264 and Zimislecel studies, though only Zimislecel remains on track for potential regulatory submissions following more promising outcomes. This progress, along with the recent approval of ALYFTREK in the UK for cystic fibrosis, might have...