Plug Power resumed its strong surge in the extended hours today, May 12, as the company published strong financial results, confirming that it has now turned the corner. PLUG jumped by over 12% on Monday and continued the rally by over 6% to $3.73. It remains 108% above the lowest point this year. Plug Power
Affirm stock price has remained in a tight range in the past few weeks, and its recent earnings provided no boost. It was trading at $65.45 on Tuesday, inside the narrow range where it has remained at since April 17 this year. Still, the AFRM stock has formed a highly bullish pattern as Bank of
European aluminium producers are bracing for a sharp rise in costs as the European Union prepares to overhaul its Emissions Trading System (EU ETS). The reform, designed to give companies more time to decarbonise, includes changes to benchmark values that determine the free allocation of carbon allowances. According to Norman Liebke, FX and commodity analyst
Nelson Peltz’s activist investment firm Trian Fund Management is seeking investor backing for a potential bid to take fast-food chain Wendy’s private, according to a Financial Times report citing people familiar with the matter. Shares of Wendy’s (WEN) surged on Tuesday following the report, climbing as much as 14% to $7.75. The stock had closed
Nvidia stock continued climbing on Tuesday, extending its record-setting rally. Shares of the AI chipmaker rose over 2% to hit a new record high of $220.41 in early trading after closing 2% higher at a record $219.44 on Monday. However, the chipmaker gave up the gains and was trading in the red at the time
Mining industry veteran Pierre Lassonde said the global financial system is undergoing a structural shift that could push gold prices to $17,250 per ounce within the next three years as the US dollar gradually loses its role as the world’s primary reserve currency. In an interview with Kitco News, the co-founder of Franco-Nevada and former
Alphabet (GOOGL) plans to issue Japanese yen-denominated bonds for the first time as the technology giant seeks additional funding for its rapidly expanding artificial intelligence infrastructure ambitions. According to a filing on Monday, the Google parent company intends to launch the bond offering in Japan, although it did not disclose the size of the issuance.
Strategy, the bitcoin-focused company (previously known as Microstrategy), has expanded its cryptocurrency holdings once again, purchasing an additional 535 BTC for approximately $43 million between May 4 and May 10, according to a filing with the Securities and Exchange Commission. The company paid an average price of $80,340 per bitcoin in the latest acquisition round,
The Nasdaq 100 Index continued its strong bull run this month, reaching its highest point on record. It was trading at an all-time high of $29,235, up by over 15% this year. This rally will be put to the test as the index has become the most overbought since June 2024. Nasdaq 100 Index has
Circle Internet stock jumped by over 4% in the premarket session after publishing an encouraging first-quarter earnings report, which demonstrated strong revenue growth. CRCL jumped to the important resistance level at $120, up sharply from the year-to-date low of $50. Circle stock jumps as revenue growth continued CRCL stock price has been in a tight