All articles tagged with #stock
IMAX has begun early discussions about a potential sale, with preliminary talks held with prospective suitors; the process is in its earliest stages and may not lead to a deal. The news follows a strong Q1 performance that beat expectations and supports IMAX's forecast of a $1.4 billion global box office in 2026, with shares rallying after the WSJ report.
Imax’s stock surged after-hours following a Wall Street Journal report that the company is in the early stages of fielding possible buyers, as studios push premium large-format screens to lure audiences back to theaters. Shares rose about 11% to $37.50, while Imax executives declined to comment on takeover speculation. CEO Richard Gelfond has framed Imax as a valuable asset either on its own or within a larger company, but the sale process is early and may not lead to a deal as the industry continues to emphasize immersive premium experiences.
Microsoft rolled out a new Surface lineup (including four models priced from about $1,499–$2,000) with features like a hardware privacy screen and haptic feedback, while signaling big changes in its gaming division and hinting at Valve’s Steam Machine developments. Wall Street remains bullish on MSFT with a Strong Buy consensus and an average target around $560, and the stock edged higher on the news.
Nvidia is set to report fiscal Q1 results after the bell, with revenue expectations around $79.15 billion (data center about $73.49 billion) and EPS near $1.78, while guidance points to roughly $87.2 billion in revenue for the next quarter as AI demand remains strong. The stock has risen ~15% this year, and options imply a ~6.5% post-earnings swing, highlighting investor bets on a beat-and-raise scenario amid scrutiny of margins and China exposure as competition in AI chips evolves.
Lululemon publicly rejects Chip Wilson’s campaign to overhaul its board, saying nominating three directors would endorse his “misguided” views and strip the company of critical leadership. Wilson, a former CEO and one of the largest shareholders, has long attacked management, while Lululemon has named Heidi O’Neill as the new CEO after Calvin McDonald’s departure. The company says it interviewed Wilson’s picks and found they would not benefit shareholders, and the public clash comes as the stock has fallen about 40% this year amid tariffs, consumer spending pullback and competition from brands like Vuori and Alo.
Ahead of Nvidia's Q1 FY27 results due May 20, Wall Street analysts have raised NVDA price targets on strong AI chip demand, data‑center growth, and enterprise AI spending; the stock remains a consensus Strong Buy (40 buys, 1 hold, 1 sell) with an average 12‑month target around $279.28, implying about 18.5% upside. Earnings are expected at $1.75 per share on roughly $78.8 billion in revenue. Recent target hikes include Cantor Fitzgerald to $350, UBS to $275, and Bank of America to $320, as analysts anticipate continued AI infrastructure spending and a ramp in upcoming chip deployments driving growth.
Microsoft unveiled MDASH, a Multi-model Agentic Scanning Harness that uses over 100 AI agents to identify and prove exploitable bugs. Early tests found 16 new vulnerabilities in Windows networking/auth, including four critical remote-code execution flaws; another test found all 21 planted vulnerabilities. Xbox Insider updates add new filters. On Wall Street, MSFT has a Strong Buy consensus (33 buys, 2 holds) with a target around $559.98, implying about 37% upside; the stock rose modestly after the news.
Cisco topped Q3 expectations with adjusted EPS of $1.06 on revenue of $15.84 billion (up 12% y/y), driven by a 25% rise in networking revenue and strong AI infrastructure orders that lifted the AI outlook; it guided Q4 to about $1.16-$1.18 in adjusted EPS on $16.7-$16.9 billion in revenue and announced headcount reductions of under 5% of staff. Shares jumped roughly 17% in after-hours trading as investors bet on AI-fueled growth.
Media entrepreneur Byron Allen agreed to acquire a majority stake in BuzzFeed for $120 million and will become CEO, a move that sent BZFD shares higher after-hours; BuzzFeed has faced profitability challenges with a Q1 loss of $15.1 million on $31.6 million in revenue, and closing is expected by end of May 2026 via $20 million cash at closing plus a $100 million promissory note at 5% over five years, as Allen aims to turn the company around.
Nvidia (NVDA) shares rose 2% to $219.44, delivering a fresh record close as AI enthusiasm and a rally in chip names lift the stock ahead of its May 20 earnings; the four-day gain season has pushed Nvidia’s market cap to about $5.33 trillion, with analysts leaning Strong Buy and a target near $274 as upside potential.
SkyWater shareholders approved the merger with IonQ, moving the quantum‑tech company closer to acquiring the chip foundry. IonQ’s stock rose about 3.3% to $49.24 on the news, and analysts see roughly 23% upside to a $60.86 target. The deal still requires regulatory approvals and other closing conditions and is expected to close in Q2–Q3 2026. The tie‑up would give IonQ more U.S. chip and packaging capabilities and closer defense‑related supply chains, but it also adds integration risk as it blends a foundry with quantum computing.”,
TipRanks reports that Ford's leaked “12 Commandments of EVDC” reflect a culture focused on rapid, accountable product development, with cryptic tenets like “Down to the Atom,” “Sir Isaac Newton Decides,” and “Fail Fast.” The piece also notes Ford’s patent for a System for Detecting Moving Objects that could let a car autonomously dodge hazards. On the market side, Ford (F) carries a Hold rating with a mean target around $13.69, implying about 11% upside, and the stock rose modestly after the leak.
Moderna, Inc. stock rose about 12% on news of a hantavirus outbreak, signaling investor optimism for potential vaccine demand; the move pushed Moderna’s share price toward the low $50s, reflecting broader market enthusiasm for vaccine developers amid outbreak concerns.
Akamai jumped about 20% after announcing a $1.8 billion, seven-year deal with a leading frontier-model AI provider to expand its cloud infrastructure, as first-quarter revenue rose 6% to over $1 billion and cloud services revenue climbed 40% to $95 million; the company also projected Q2 revenue of roughly $1.08–$1.10 billion and adjusted EPS of $1.45–$1.65, highlighting its push to support AI workloads with its distributed network.
Cloudflare beat Q1 earnings estimates with revenue of $640 million and 25 cents per share, but shares fell after-hours as it announced a plan to cut more than 1,100 employees (about 20%) to pursue an agentic AI‑first operating model. The company also projected Q2 revenue of $664–665 million (roughly in line with expectations) and full-year 2026 revenue of $2.805–$2.813 billion with EPS of $1.19–$1.20, while Q1 posted a net loss of $22.93 million.