Poet Technologies (NASDAQ: POET) stock roared higher in Friday's trading. The company's share price surged 14.2% higher in a daily session that saw the S&P 500 gain 0.8%, and the Nasdaq Composite surge 1.7%. Strikingly, Poet's big gain today appears to have occurred despite no major news for the company. While the bullish momentum for the broader market helps explain some of the rally, the stock's...
Poet Technologies (NASDAQ: POET) stock roared higher in Friday's trading. The company's share price surged 14.2% higher in a daily session that saw the S&P 500 gain 0.8%, and the Nasdaq Composite surge 1.7%. Strikingly, Poet's big gain today appears to have occurred despite no major news for the company. While the bullish momentum for the broader market helps explain some of the rally, the stock's trading has been highly volatile and irregular lately. Image source: Getty Images. Continue reading
In this article QSR Follow your favorite stocks CREATE FREE ACCOUNT watch now VIDEO 1:45 01:45 Burger King President talks how customer feedback lead to Whopper changes Mad Money with Jim Cramer Burger King President Tom Curtis said customer phone calls helped the company revamp its signature Whopper and fuel a broader turnaround at the fast-food chain. "We've been listening to our guests a lot la...
In this article QSR Follow your favorite stocks CREATE FREE ACCOUNT watch now VIDEO 1:45 01:45 Burger King President talks how customer feedback lead to Whopper changes Mad Money with Jim Cramer Burger King President Tom Curtis said customer phone calls helped the company revamp its signature Whopper and fuel a broader turnaround at the fast-food chain. "We've been listening to our guests a lot lately," Curtis told Jim Cramer on CNBC's " Mad Money " on Friday. "I've personally taken 1,800 calls from guests, and we got over 70,000 incoming calls." Restaurant Brands International , the parent company of Burger King and Tim Hortons, reported better-than-expected results on Wednesday, fueled by another quarter of strong international growth and a successful turnaround in U.S. stores. Burger King U.S. posted 5.8% same-store sales growth in the three months ended in March, outperforming competitors that have recently warned about weaker consumer spending . That marks a clear acceleration from 1.6% same-store sales growth in 2025. According to Curtis, customer feedback has played a central role in the company's turnaround, helping shape everything down to changes to its Whopper. "What we learned is that people love the Whopper, but sometimes they think it gets smushed," he said. "Sometimes they didn't quite like the bun that it was presented on. So we knew exactly where to go." Burger King spent more than two years evaluating possible changes to the sandwich, Curtis said, but ultimately decided to make only modest adjustments after hearing consumers wanted the core product left largely intact. Restaurant Brands International CEO Joshua Kobza also highlighted the revamped sandwich on the company's earnings call. He said the newly launched "Elevated Whopper" features "a new glazed bun, creamier mayo and clamshell packaging, which is driving positive guest feedback and the highest Whopper average unit volumes in over three years." The company's renewed focus on customer feedb...
New data from the federal government Friday indicated US employers had added more jobs than expected for a second month in a row, despite ongoing threats from inflation and the collateral damage of the Iran war. With unemployment holding at 4.3%, according to the Bureau of Labor Statistics, the figures offer Federal Reserve policymakers space to keep interest rates unchanged for the foreseeable fu...
New data from the federal government Friday indicated US employers had added more jobs than expected for a second month in a row, despite ongoing threats from inflation and the collateral damage of the Iran war. With unemployment holding at 4.3%, according to the Bureau of Labor Statistics, the figures offer Federal Reserve policymakers space to keep interest rates unchanged for the foreseeable future. Last week, Fed Chair Jerome Powell said the job market has shown “more signs of stability.” But as is often the case of late, positive vibes of US government data didn’t match the latest sullen read of consumer sentiment by the University of Michigan. The gauge fell in recent weeks to a record low on growing concerns about the impact of inflation on personal finances and buying conditions. Confidence continues to languish as Americans’ anxiety about the overall cost of living is compounded by sharply higher prices at the gas pump. The strain on household budgets poses a risk to consumer spending, a primary engine for the economy. Gasoline prices breached $4.50 a gallon on average this week for the first time since July 2022, American Automobile Association data show. They’re up more than 50% since the start of the Iran war. What You Need to Know Today Ukraine and the Kremlin confirmed a planned three-day ceasefire in the long-running Russian invasion of that country after US President Donald Trump announced it Friday on social media, saying the White House was behind the truce . Ukraine President Volodymyr Zelenskiy said “we expect the United States to ensure that the Russian side fulfills these agreements,” noting that Moscow and Kyiv had agreed to swap 1,000 prisoners of war each. The temporary ceasefire coincides with Russia’s celebrations of the end of World War II in Europe. Trump’s announcement came the same day as The Economist , adding to previous news reports that Russia has helped Tehran target the US military , reported the Kremlin offered to provide Iran w...
A federal judge is asking for more information about a proposed settlement between Elon Musk and the US Securities and Exchange Commission , after the billionaire agreed to pay $1.5 million to end a lawsuit alleging he waited too long to disclose his growing stake in Twitter . Attorneys for Musk and the SEC are set to appear before US District Judge Sparkle Sooknanan on May 13, according to the or...
A federal judge is asking for more information about a proposed settlement between Elon Musk and the US Securities and Exchange Commission , after the billionaire agreed to pay $1.5 million to end a lawsuit alleging he waited too long to disclose his growing stake in Twitter . Attorneys for Musk and the SEC are set to appear before US District Judge Sparkle Sooknanan on May 13, according to the order she issued Friday. Sooknanan will consider if “the settlement is fair, adequate, reasonable and appropriate” and “whether it was tainted by improper collusion or corruption.” It is typical for judges to review these types of agreements before approving them. The deal between Musk and the SEC was reached earlier this week. Musk didn’t admit or deny the regulator’s allegations, according to a filing on Monday. Read More: Musk Agrees to Pay $1.5 Million Over SEC Twitter Stake Case The SEC sued Musk in January 2025, days before President Donald Trump took office, saying he waited too long in 2022 to disclose that he’d accumulated more than 5% of Twitter’s stock. That delay cost Twitter shareholders more than $150 million, the regulator said at the time. Musk later bought the company in 2022 and renamed it X. The case is Securities and Exchange Commission v. Musk, 25-cv-105, US District Court, District of Columbia (Washington).
Thailand Emerges As Possible Hub In Nvidia Chip-Smuggling Channel To Alibaba New details have emerged in the alleged AI chip diversion scheme involving the co-founder of Super Micro Computer. Bloomberg reports that some of the $2.5 billion worth of servers containing advanced AI chips were allegedly routed through a Bangkok-based company before reaching Chinese AI leader Alibaba. The Bloomberg rep...
Thailand Emerges As Possible Hub In Nvidia Chip-Smuggling Channel To Alibaba New details have emerged in the alleged AI chip diversion scheme involving the co-founder of Super Micro Computer. Bloomberg reports that some of the $2.5 billion worth of servers containing advanced AI chips were allegedly routed through a Bangkok-based company before reaching Chinese AI leader Alibaba. The Bloomberg report noted: US prosecutors this year outlined a scheme in which Super Micro's co-founder allegedly worked with an unnamed Southeast Asian company and a "rotating cast" of third-party brokers to divert the AI semiconductors in violation of US trade rules. The Southeast Asian firm the prosecutors didn't name, identified only as Company-1, is Bangkok-based OBON Corp., the people said. Some of the $2.5 billion worth of servers sold to OBON allegedly went to Chinese AI leader Alibaba, according to the people, who requested anonymity to discuss a sensitive legal and geopolitical matter. It is important to note that OBON is linked to Thailand's AI infrastructure buildout and the creation of Siam AI, Thailand's sovereign cloud champion. Nvidia CEO Jensen Huang even appeared at a Siam AI event in December 2024, focused on sovereign AI. Siam AI's CEO, Ratanaphon Wongnapachant, said Siam AI was not involved and that he had left OBON when he launched Siam AI. Washington has restricted exports of advanced Nvidia AI chips to China over national security concerns, leaving Chinese firms to either rent overseas computing resources or obtain chips through smuggling channels. In mid-March, U .S. federal prosecutors charged three men: senior executive Yih-Shyan "Wally" Liaw, the co-founder; Ruei-Tsang "Steven" Chang; and Ting-Wei "Willy" Sun, with conspiring to divert $2.5 billion worth of Nvidia chips to China. " OBON's purported involvement in the smuggling arrangement could deal a blow to Thailand's fledgling AI ambitions and reignite calls in Washington for restrictions on chip sales to the...
The Trade Desk (NASDAQ:TTD), which provides a self-service, cloud-based ad-buying platform, closed Friday at $23.06, down 1.83%. The stock is sliding after a mixed Q1 2026 report and a wave of analyst downgrades. Investors are watching margin trends and revenue guidance. Trading
The Trade Desk (NASDAQ:TTD), which provides a self-service, cloud-based ad-buying platform, closed Friday at $23.06, down 1.83%. The stock is sliding after a mixed Q1 2026 report and a wave of analyst downgrades. Investors are watching margin trends and revenue guidance. Trading