Ondas (NASDAQ:ONDS) , which provides private wireless, drone, and automated data solutions, closed Thursday at $11.21, up 26.52%. The stock is jumping after a beat-and-raise Q1 report and a higher full-year revenue outlook. Investors are watching for defense demand, backlog conversion, and profitability trends next. Trading volume reached 239.4 million shares, about 222% above its three-month aver...
Ondas (NASDAQ:ONDS) , which provides private wireless, drone, and automated data solutions, closed Thursday at $11.21, up 26.52%. The stock is jumping after a beat-and-raise Q1 report and a higher full-year revenue outlook. Investors are watching for defense demand, backlog conversion, and profitability trends next. Trading volume reached 239.4 million shares, about 222% above its three-month average of 74.3 million shares. Ondas IPO'd in 2020 and has grown 82% since going public. The S&P 500 added 0.78% to finish Thursday at 7,502, while the Nasdaq Composite gained 0.88% to close at 26,635. Within the drone space, industry peer AeroVironment closed at $165.27 (+2.66%) as investors weighed demand across drone-related stocks. Ondas grew sales 11-fold to $50 million, well above Wall Street’s consensus of $40 million. The company also raised its full-year revenue guidance to at least $390 million, surpassing expectations of $379 million. Best yet for investors, the company continued to scale beautifully, with gross margins reaching 45% -- up from 35% in Q1 last year and 42% in the prior quarter. Continue reading
Apollo Global Management Inc. -backed West Technology is engaged in exclusive talks to sell its remaining operating business to a counter-party, according to people familiar with the matter. The exploration of a sale process comes as the technology firm has been in negotiations with debt holders amid a liquidity pressure, said the people, who asked not to be identified discussing private informati...
Apollo Global Management Inc. -backed West Technology is engaged in exclusive talks to sell its remaining operating business to a counter-party, according to people familiar with the matter. The exploration of a sale process comes as the technology firm has been in negotiations with debt holders amid a liquidity pressure, said the people, who asked not to be identified discussing private information. West’s lenders are being advised by Gibson Dunn & Crutcher , the people said. An agreement on a sale hasn’t been reached and talks could still end without one, they added. A representative for Apollo declined to comment. Representatives for West and Gibson didn’t immediately respond to requests for comment. The company entered into a transaction support agreement after missing an interest payment due on its existing second-lien notes. That deal includes a forbearance agreement in which holders acceded not to execute their acceleration rights, according to a Moody’s Ratings report from Wednesday. West’s 8.5% second-lien notes due in 2027 changed hands at 4 cents on the dollar on May 4, versus about 15 cents in October, according to pricing firm Trace. Its roughly $872 million term loan due in 2027 was quoted at 18 cents Thursday, down from 31.125 cents on March 16, according to data compiled by Bloomberg. Formerly known as Intrado, West is a fraction of its former self after the divestiture of its life and safety business in 2022, when Stonepeak acquired the provider of critical public emergency telecommunications services for $2.4 billion. Apollo acquired Intrado in 2017.
Senators Unanimously Pass Resolution To Withhold Their Own Pay During Shutdowns Authored by Jackson Richman via The Epoch Times, The Senate unanimously approved a resolution on May 14 that would suspend senators’ pay during government shutdowns. The measure, introduced by Sen. John Kennedy (R-La.), passed by voice vote and is scheduled to take effect after the November midterm elections. Under the...
Senators Unanimously Pass Resolution To Withhold Their Own Pay During Shutdowns Authored by Jackson Richman via The Epoch Times, The Senate unanimously approved a resolution on May 14 that would suspend senators’ pay during government shutdowns. The measure, introduced by Sen. John Kennedy (R-La.), passed by voice vote and is scheduled to take effect after the November midterm elections. Under the resolution, the Senate secretary would withhold lawmakers’ salaries whenever a government shutdown affects one or more federal agencies. Pay would be released once government funding is restored. Supporters say the proposal is intended to hold Congress accountable as shutdowns become increasingly frequent and prolonged. “Shutting down government should not be our default solution to our refusal to work out our issues and our differences,” Kennedy said in a floor speech on Wednesday. “This is about putting our money where our mouth is.” Kennedy initially wanted the measure to take effect immediately, but included delayed implementation language to comply with the 27th Amendment, which bars changes to congressional pay until after the next House election. He also accused Democrats of potentially using a shutdown before the elections “to create chaos” and influence the political environment heading into the midterms. The legislation follows two major shutdowns over the past year that caused financial strain for thousands of federal employees, especially workers at the Department of Homeland Security. The agency reopened last month after a 76-day partial shutdown—the longest funding lapse affecting a federal agency in U.S. history. That shutdown came shortly after a separate 43-day closure of the entire federal government, another record-setting disruption. While federal workers often miss paychecks during shutdowns, members of Congress continue to receive salaries because the Constitution guarantees lawmakers’ compensation. During a previous shutdown tied to disputes over hea...
In this article GEMI BTC.CM= Follow your favorite stocks CREATE FREE ACCOUNT A screen displays an image of Gemini co-founders Tyler Winklevoss and Cameron Winklevoss, and the Gemini logo, during the company's IPO at the Nasdaq MarketSite, in New York City, U.S., Sept. 12, 2025. Jeenah Moon | Reuters Gemini Space Station , the crypto exchange founded and led by the Winklevoss brothers, saw shares s...
In this article GEMI BTC.CM= Follow your favorite stocks CREATE FREE ACCOUNT A screen displays an image of Gemini co-founders Tyler Winklevoss and Cameron Winklevoss, and the Gemini logo, during the company's IPO at the Nasdaq MarketSite, in New York City, U.S., Sept. 12, 2025. Jeenah Moon | Reuters Gemini Space Station , the crypto exchange founded and led by the Winklevoss brothers, saw shares surge in extended trading after it announced a $100 million capital injection from Winklevoss Capital Fund, the crypto billionaires' venture capital fund. The fund bought shares of the company's Class A common stock at $14 each, paid in bitcoin . The announcement came as part of the company's first-quarter financial update. Shares initially popped about 30% and were last higher by 17%. Stock Chart Icon Stock chart icon Shares of Gemini Space Station in the past day "We believe the market has significantly undervalued Gemini, and that this investment will allow us to set up the company for its next phase of growth," said Tyler Winklevoss, CEO of Gemini, said in a statement. "Gemini has achieved several major product and regulatory milestones that position us well to evolve from a crypto company into a markets company," he added. "This investment will help fuel that ambition and set Gemini up for long-term success." For the first quarter, Gemini reported a narrower-than-expected loss of 93 cents per share. Analysts were anticipating a $1.03 per-share loss, per FactSet. Revenue of $50.3 million also topped expectations of $47.9 million. While exchange revenue dropped 27% on a year-over-year basis to $17.2 million, Gemini reported credit card revenue of $14.7 million, reflecting a nearly 300% surge from a year earlier. Services revenue and interest income rose 122% year over year to $24.5 million. Since making its public debut in September, Gemini has been through a difficult stretch marked by ongoing losses, executive departures , pulling out of international markets and a "com...
In this article CBRS CBRS SNDK Follow your favorite stocks CREATE FREE ACCOUNT watch now VIDEO 1:31 01:31 Jim Cramer: I said if I saw this IPO over-enthusiasm again, I would scream from the rafters 'this ends badly' Mad Money with Jim Cramer CNBC's Jim Cramer said that investors need to become far more selective in the semiconductor rally. Cerebras , a chipmaker focused on artificial intelligence ...
In this article CBRS CBRS SNDK Follow your favorite stocks CREATE FREE ACCOUNT watch now VIDEO 1:31 01:31 Jim Cramer: I said if I saw this IPO over-enthusiasm again, I would scream from the rafters 'this ends badly' Mad Money with Jim Cramer CNBC's Jim Cramer said that investors need to become far more selective in the semiconductor rally. Cerebras , a chipmaker focused on artificial intelligence workloads, completed the largest IPO of the year Thursday. The stock priced at $185 Wednesday night but opened around $350, briefly valuing the company at roughly $107 billion. It ended the day at $311 a share, good for a roughly $95 billion market cap. "There's a word for that: that word is fanciful," the " Mad Money " host said, referring to Cerebras' blockbuster debut . "Today's action was right out of 1999." For Cramer, the move reflected a broader rush into anything tied to artificial intelligence — a trend he still strongly supports , but one he believes now requires greater discipline from investors. "I've been in favor of this semiconductor rally the whole way," he said. "The fourth industrial revolution that Nvidia CEO Jensen Huang promotes, hook, line and sinker." He pointed to Cisco as one name he feels comfortable owning after the company posted what he called an "extraordinary performance," including accelerating sales and earnings tied to AI infrastructure spending. Cisco makes networking chips used to send data throughout data centers. "This time Cisco deserved the run," Cramer said. "Today's 13% rally was completely justified and then some." Cramer also highlighted Nvidia , arguing the stock remains attractively valued despite its massive gains. "There's a very good chance that, based on forward earnings estimates, Nvidia's stock is now cheaper than the average stock in the S&P 500," he said. "That's absurd." He added that memory and storage names like Micron , Sandisk and Western Digital also remain reasonable stocks to own, as long as supply shortages pers...
Today was closing arguments in the Musk v. Altman trial, and I almost feel bad writing about the unbelievable demolition derby I just witnessed. Steven Molo, Musk's lawyer, stumbled over his words. He at one point called Greg Brockman - a co-defendant - Greg Altman. He erroneously claimed that Musk wasn't asking for money and had to be corrected by the judge. He made it clear we've heard from many...
Today was closing arguments in the Musk v. Altman trial, and I almost feel bad writing about the unbelievable demolition derby I just witnessed. Steven Molo, Musk's lawyer, stumbled over his words. He at one point called Greg Brockman - a co-defendant - Greg Altman. He erroneously claimed that Musk wasn't asking for money and had to be corrected by the judge. He made it clear we've heard from many liars over the past few weeks, but offered little evidence for Musk's actual legal claims. OpenAI's lawyer, Sarah Eddy, countered this by simply arranging the mountain of evidence that the company introduced in chronological order. She didn't spen … Read the full story at The Verge.
(RTTNews) - Instagram run by Meta Platforms Inc. (META) has introduced a new feature called Instants, which lets you share photos that disappear after being sent to selected contacts right after you take them.
(RTTNews) - Instagram run by Meta Platforms Inc. (META) has introduced a new feature called Instants, which lets you share photos that disappear after being sent to selected contacts right after you take them.
WSP Solutions, an entity of WSP Global ( WSPOF ), won a $249M indefinite-delivery contract for architect-engineer services. The contract is focused on marine and waterfront engineering and design services, supporting infrastructure projects. The work will be executed across locations under the NAVFAC Northwest area of responsibility. The Naval Facilities Engineering Systems Command is the contract...
WSP Solutions, an entity of WSP Global ( WSPOF ), won a $249M indefinite-delivery contract for architect-engineer services. The contract is focused on marine and waterfront engineering and design services, supporting infrastructure projects. The work will be executed across locations under the NAVFAC Northwest area of responsibility. The Naval Facilities Engineering Systems Command is the contracting authority. More on WSP Global Inc. WSP Global Inc. (WSP:CA) Shareholder/Analyst Call Transcript WSP Global Inc. (WSP:CA) Q1 2026 Earnings Call Transcript WSP Global Inc. (WSP:CA) Q4 2025 Earnings Call Transcript WSP Global Non-GAAP EPS of $2.21, revenue of $4.55B WSP prices $1.5 billion senior unsecured notes offering
Skip the AI cloud stock priced for perfection. Astera Labs may be the smarter way to invest in the AI infrastructure boom before the market fully catches up.
Skip the AI cloud stock priced for perfection. Astera Labs may be the smarter way to invest in the AI infrastructure boom before the market fully catches up.
Key Points Nebius may still be a real AI winner, but the stock already prices in years of near-perfect execution. Astera Labs offers exposure to AI infrastructure with actual profits today, not just future promises. 10 stocks we like better than Astera Labs › Nebius Group(NASDAQ: NBIS) sits at the center of every artificial intelligence (AI) hype checklist right now: graphics processing unit (GPU)...
Key Points Nebius may still be a real AI winner, but the stock already prices in years of near-perfect execution. Astera Labs offers exposure to AI infrastructure with actual profits today, not just future promises. 10 stocks we like better than Astera Labs › Nebius Group(NASDAQ: NBIS) sits at the center of every artificial intelligence (AI) hype checklist right now: graphics processing unit (GPU) cloud, hyperscaler partnerships, an Nvidia investment, and a stock that has multiplied in value over the last six months. The issue isn't the story itself; it's that investors now have to pay the valuation the market demands for it. Rotating into Astera Labs(NASDAQ: ALAB) will give you AI infrastructure exposure with real operating leverage, cleaner unit economics, and more reasonable valuation assumptions. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Nebius is not a bad company. CEO Arkady Volozh separated Yandex's non-Russian assets and built a legitimate GPU cloud platform from scratch -- one that now counts Nvidia as a $2 billion strategic investor and runs AI compute infrastructure across Europe and the United States. The business is real. The question is what you're paying for it. Nebius trades at roughly 99x trailing price-to-sales on approximately $530 million in revenue, with the stock up more than 522% over the past year. That multiple is not a reflection of what the company earns today; it is a reflection of what the market believes it will earn several years from now, assuming aggressive capacity expansion, high utilization rates, and sustained hyperscaler demand all arrive on schedule. History has a consistent track record with stocks like this. When a company's market cap is built almost entirely on future expectations, the path from current price to fair value is not a crash; it's more ...
Visit comes after US-Cuba relations deteriorated significantly, with Washington imposing a fuel blockade on the island in January CIA director John Ratcliffe met Cuban officials in Havana on Thursday as a way to improve dialogue between the US and the communist-run island, the Cuban government said. The meeting took place “in a context marked by the complexity of bilateral relations, with the aim ...
Visit comes after US-Cuba relations deteriorated significantly, with Washington imposing a fuel blockade on the island in January CIA director John Ratcliffe met Cuban officials in Havana on Thursday as a way to improve dialogue between the US and the communist-run island, the Cuban government said. The meeting took place “in a context marked by the complexity of bilateral relations, with the aim of contributing to the political dialogue between both nations”, a statement said. Continue reading...