Intel's stock rose significantly after naming Lip-Bu Tan as its new CEO, effective March 18, replacing interim Co-CEOs David Zinsner and Michelle Johnston Holthaus. The leadership change aims to steer the company toward growth and higher shareholder value after a period of uncertainty following former CEO Pat Gelsinger's departure.
Palantir Technologies Inc. (PLTR) shares rose 7.17% on Wednesday, mirroring a broader software sector rebound following earlier weakness due to recession concerns and trade policy uncertainties. The rebound was potentially driven by reports of a proposed joint venture between Taiwan Semiconductor Manufacturing Company Ltd. (TSM) and major chip companies, which could enhance chip production efficiency and benefit software compa...
Trump Media & Technology Group Corp. (DJT) shares have lost half their value since President Donald Trump returned to the White House, likely due to increased market volatility and uncertainty surrounding policy changes. Despite a recent uptick, investors remain concerned about the company's long-term prospects.
EVgo, a leading operator of DC fast-charging stations in the U.S., is poised for substantial revenue growth in the coming years, driven by increased charger utilization, higher charge rates, and a growing network footprint. However, the stock has faced headwinds due to concerns about potential impacts from Trump's economic policies, the future of EV funding programs, and the safety of its Department of Energy loan.
SentinelOne reported strong fourth-quarter earnings, exceeding analyst expectations with revenue of $225.5 million and adjusted earnings of four cents per share. The company's annualized recurring revenue (ARR) increased by 27% year-over-year to $920.1 million, and it expects to surpass $1 billion in ARR and revenue this year.