As of 1:39 p.m. ET, the stock was up 10.2% on the news.

Defense stocks soared in January. The S&P Aerospace and Defense Select index is up about 11% so far in 2026, driven higher by ...

Over the past few years, Eli Lilly (LLY +2.64%) and Novo Nordisk (NVO +7.91%) have been dominating one of the biggest growth ...

Shares of Stellantis ( STLA 24.69%), the global automotive giant that owns former Chrysler brands like Jeep and Ram, fell ...

Sandisk, on the other hand, is a specialist in NAND flash technology. It was the fifth-largest player in the global NAND ...

Nvidia investors have been concerned about the potential for a slowdown in AI growth. Results from one of the biggest cloud ...

The sell-off in Bitcoin this week thus hit Iren harder than some other AI cloud names. AI cloud revenue more than doubled, ...

Blowout capital expenditures from Amazon and reports of CPU price hikes sent Intel back toward its yearly highs.

Due to its pivot toward test solutions for AI processors and the data center semiconductor markets, Aehr Test Systems ( AEHR ...

Some fundamental misunderstandings about the way Warren Buffett's pride and joy reports its financial results can be ...

But with such a significant drop in value over the years and with the company working on improving profitability and ...

A rotation out of tech names and into industrials has shares of FedEx ( FDX +0.15%) flying this week. As of midday Friday, ...