To The Moon

A flush of first-home buyers in New Zealand is helping keep the subdued housing market afloat, boosting purchase volumes as overall sales activity remains weak amid economic uncertainty, Cotality said Thursday.According to Cotality's NZ Monthly Housing Chart Pack, property sales volumes declined for a fifth straight month in May, falling around 8.3%.Only first-time buyers as a major group managed to improve numbers, rising 2.4% in the month and increasing their market share to 27.7% so far this year.The trend appears strongest in the main centers, with first-home buyers accounting for almost 31% of purchases in Auckland and nearly 39% in Wellington."Lower inflation risks and a more stable interest rate outlook could help lift confidence and support a modest improvement in market activity during the second half of the year," the firm said, citing Kelvin Davidson, Cotality NZ Chief Property Economist.The interest rate outlook is a little more settled than it seemed a few weeks ago, it ad

Marvell Technology (MRVL) shares fell 4.6% in Tuesday trading, a day after outgoing chief financial officer Willem Meintjes filed to sell a total of 211,329 common shares, according to Form 144 filing

President Donald Trump said Thursday on Truth Social that the US will hit Iran with an attack "VERY HARD TONIGHT," and that it will take control of Kharg Island sometime in the "not too distant future."

SLB said Monday that its OneSubsea joint venture won a contract from BP to provide a subsea boosting system for the Thunder Horse development in the Gulf of America.The engineering, procurement and construction contract follows recent awards to OneSubsea for BP's Kaskida and Tiber projects, with all three developments using the same standardized subsea boosting system designed to improve execution efficiency and reduce delivery times, it said.Under the agreement, OneSubsea will supply the subsea boosting system and provide associated project management, engineering, manufacturing and testing services, it said.

SLB said Monday that its OneSubsea joint venture won a contract from BP to provide a subsea boosting system for the Thunder Horse development in the Gulf of America.The engineering, procurement and construction contract follows recent awards to OneSubsea for BP's Kaskida and Tiber projects, with all three developments using the same standardized subsea boosting system designed to improve execution efficiency and reduce delivery times, it said.Under the agreement, OneSubsea will supply the subsea boosting system and provide associated project management, engineering, manufacturing and testing services, it said.

Microsoft is planning to announce new artificial intelligence models and Windows upgrades at its upcoming Build conference, The Verge reported Monday, citing sources familiar with the matter.Sources told the news outlet that the company will discuss new AI models in Windows, a new Copilot application, and a reasoning model from Microsoft AI.In addition, the Windows upgrades will include a new Windows 11 experience optimized for developers and other customization changes, the report said.Microsoft did not immediately respond to MT Newswires' request for a comment.Price: 463.68, Change: +13.44, Percent Change: +2.99

US Reaches Deal With Iran But Trump's Approval Still Needed, Axios Reports

Nvidia (NVDA) has an average rating of Buy and mean price target of $305.72, according to analysts polled by FactSet.(MT Newswires covers equity, commodity and economic research from major banks and r

Ericsson has formed a partnership with Net Feasa to provide real-time 4G and 5G connectivity and cargo monitoring for the maritime shipping industry, Ericsson said Tuesday.The system is designed to give shipping companies and port operators continuous visibility into cargo conditions and vessel operations while at sea, using AI-ready data and connected sensors.The platform can support thousands of connected assets per vessel and is already being deployed globally, the company said.

Snail shares were up 150%, a day after the company posted a swing to Q1 earnings and higher revenue.Concorde International stock was 130% higher in Thursday premarket activity after the company said it has received contracts for over $10 million to provide integrated security services in Singapore.Alpha Compute stock was up 83% following a 2.6% drop in the previous session.Robo.ai stock was 78% higher after the company said its subsidiary Neurovia AI launched NeuroStream, a data compression platform aimed at reducing the cost and bandwidth demands of AI-driven visual data.Cisco Systems stock was up 17% after the company reported on Wednesday higher fiscal Q3 adjusted earnings and revenue in addition to issuing better-than-expected fiscal Q4 outlook, while also raising its fiscal 2026 guidance.

Micware priced its upsized initial public offering of about 2.9 million American depositary shares at $8 per share.The Japan-based software and IT services provider expects to raise about $22.8 million in gross proceeds to support its DSMM project, expand its micAuto-PF infotainment platform and fund SDV and location-based services investments, as well as for general corporate purposes.Trading is expected to begin on Nasdaq this Thursday, under the ticker "MWC," while the offering is set to close around Friday.

Cerebras Systems (CBRS) stock was up more than 98% in Thursday trading following its Nasdaq debut.The stock was trading at $367 apiece after opening at $350 per share, higher than the $185-per-share initial public offering price.Price: 367.10, Change: +182.10, Percent Change: +98.43

Ondas reported Q1 net income Thursday of $361.3 million, swinging from a loss of $14.1 million a year earlier.Analysts surveyed by FactSet expected a loss of $24.1 million.Revenue for the quarter ended March 31 was $50.1 million, compared with $4.2 million a year earlier.Analysts polled by FactSet expected $39.4 million.Ondas raised its fiscal 2026 revenue guidance to at least $390 million. That compares with its prior outlook of $375 million. Analysts polled by FactSet expect $379.1 million.The company's shares were up 13% in recent Thursday premarket activity.

Nvidia (NVDA) has an average rating of buy and mean price target of $271.46, according to analysts polled by FactSet.(MT Newswires covers equity, commodity and economic research from major banks and r

Citigroup (C) has an average rating of buy and mean price target of $146.21, according to analysts polled by FactSet.(MT Newswires covers equity, commodity and economic research from major banks and r

Bristol Myers Squibb said Friday that the European Commission approved Sotyktu for adults with active psoriatic arthritis who had an inadequate response or intolerance to prior disease-modifying antirheumatic drug therapy.Sotyktu is the first and only TYK2 inhibitor approved in the EU for active psoriatic arthritis and can be used alone or with methotrexate, the company said.The approval was supported by Phase 3 POETYK PsA-1 and PsA-2 trial results showing Sotyktu outperformed placebo at Week 16 across joint and skin symptom measures and quality-of-life endpoints, the company added.

Datadog sees continued broad-based strength across both artificial intelligence-native and non-AI-native customers, with demand not concentrated among ramping large customers, RBC Capital Markets said.RBC noted the quarter marked the fourth straight quarter of accelerating growth and one of Datadog's strongest results in recent memory. Revenue growth exceeding 30% for the first time since first quarter of 2023 reinforced what it views as sustained underlying momentum as AI adoption continues to inflect and tech stack modernization accelerates.A highlight of the quarter was an eight- and seven-figure annualized deal with AI research divisions of two major tech companies for AI training as Datadog's platform continues to resonate with AI-native customers, RBC said in a research note Thursday, adding that despite the updated full-year guidance range, it still sees room for upside.RBC raised its price target on Datadog to $219 from $161 and maintained its outperform rating.Shares of Datad

Oracle (ORCL) has an average rating of overweight and mean price target of $241.31, according to analysts polled by FactSet.(MT Newswires covers equity, commodity and economic research from major bank

DroneShield said that the March quarter was the second highest revenue quarter to date, with a revenue of AU$74.1 million, up 121% from AU$33.5 million in the year-ago quarter, according to a Wednesday Australian bourse filing.The three months ended March 31 was also the highest customer cash receipts quarter on record, with customer cash receipts rocketing 360% year over year to AU$77.4 million.The company's software-as-a-service business contributed 6.9% of the revenue, clocking in at AU$5.1 million during the period and jumping 205% year over year.DroneShield's shares were up nearly 2% in recent trading on Wednesday.

(Updates with Amazon's and Walmart's responses to requests for comment.)California Attorney General Rob Bonta on Monday publicly released evidence as part of an ongoing case against Amazon (AMZN) that

A flush of first-home buyers in New Zealand is helping keep the subdued housing market afloat, boosting purchase volumes as overall sales activity remains weak amid economic uncertainty, Cotality said Thursday.According to Cotality's NZ Monthly Housing Chart Pack, property sales volumes declined for a fifth straight month in May, falling around 8.3%.Only first-time buyers as a major group managed to improve numbers, rising 2.4% in the month and increasing their market share to 27.7% so far this year.The trend appears strongest in the main centers, with first-home buyers accounting for almost 31% of purchases in Auckland and nearly 39% in Wellington."Lower inflation risks and a more stable interest rate outlook could help lift confidence and support a modest improvement in market activity during the second half of the year," the firm said, citing Kelvin Davidson, Cotality NZ Chief Property Economist.The interest rate outlook is a little more settled than it seemed a few weeks ago, it ad

Marvell Technology (MRVL) shares fell 4.6% in Tuesday trading, a day after outgoing chief financial officer Willem Meintjes filed to sell a total of 211,329 common shares, according to Form 144 filing

President Donald Trump said Thursday on Truth Social that the US will hit Iran with an attack "VERY HARD TONIGHT," and that it will take control of Kharg Island sometime in the "not too distant future."

SLB said Monday that its OneSubsea joint venture won a contract from BP to provide a subsea boosting system for the Thunder Horse development in the Gulf of America.The engineering, procurement and construction contract follows recent awards to OneSubsea for BP's Kaskida and Tiber projects, with all three developments using the same standardized subsea boosting system designed to improve execution efficiency and reduce delivery times, it said.Under the agreement, OneSubsea will supply the subsea boosting system and provide associated project management, engineering, manufacturing and testing services, it said.

SLB said Monday that its OneSubsea joint venture won a contract from BP to provide a subsea boosting system for the Thunder Horse development in the Gulf of America.The engineering, procurement and construction contract follows recent awards to OneSubsea for BP's Kaskida and Tiber projects, with all three developments using the same standardized subsea boosting system designed to improve execution efficiency and reduce delivery times, it said.Under the agreement, OneSubsea will supply the subsea boosting system and provide associated project management, engineering, manufacturing and testing services, it said.

Microsoft is planning to announce new artificial intelligence models and Windows upgrades at its upcoming Build conference, The Verge reported Monday, citing sources familiar with the matter.Sources told the news outlet that the company will discuss new AI models in Windows, a new Copilot application, and a reasoning model from Microsoft AI.In addition, the Windows upgrades will include a new Windows 11 experience optimized for developers and other customization changes, the report said.Microsoft did not immediately respond to MT Newswires' request for a comment.Price: 463.68, Change: +13.44, Percent Change: +2.99

Nvidia (NVDA) has an average rating of Buy and mean price target of $305.72, according to analysts polled by FactSet.(MT Newswires covers equity, commodity and economic research from major banks and r

US Reaches Deal With Iran But Trump's Approval Still Needed, Axios Reports

Ericsson has formed a partnership with Net Feasa to provide real-time 4G and 5G connectivity and cargo monitoring for the maritime shipping industry, Ericsson said Tuesday.The system is designed to give shipping companies and port operators continuous visibility into cargo conditions and vessel operations while at sea, using AI-ready data and connected sensors.The platform can support thousands of connected assets per vessel and is already being deployed globally, the company said.

Nvidia (NVDA) has an average rating of buy and mean price target of $271.46, according to analysts polled by FactSet.(MT Newswires covers equity, commodity and economic research from major banks and r

Cerebras Systems (CBRS) stock was up more than 98% in Thursday trading following its Nasdaq debut.The stock was trading at $367 apiece after opening at $350 per share, higher than the $185-per-share initial public offering price.Price: 367.10, Change: +182.10, Percent Change: +98.43

Bristol Myers Squibb said Friday that the European Commission approved Sotyktu for adults with active psoriatic arthritis who had an inadequate response or intolerance to prior disease-modifying antirheumatic drug therapy.Sotyktu is the first and only TYK2 inhibitor approved in the EU for active psoriatic arthritis and can be used alone or with methotrexate, the company said.The approval was supported by Phase 3 POETYK PsA-1 and PsA-2 trial results showing Sotyktu outperformed placebo at Week 16 across joint and skin symptom measures and quality-of-life endpoints, the company added.

Ondas reported Q1 net income Thursday of $361.3 million, swinging from a loss of $14.1 million a year earlier.Analysts surveyed by FactSet expected a loss of $24.1 million.Revenue for the quarter ended March 31 was $50.1 million, compared with $4.2 million a year earlier.Analysts polled by FactSet expected $39.4 million.Ondas raised its fiscal 2026 revenue guidance to at least $390 million. That compares with its prior outlook of $375 million. Analysts polled by FactSet expect $379.1 million.The company's shares were up 13% in recent Thursday premarket activity.

Micware priced its upsized initial public offering of about 2.9 million American depositary shares at $8 per share.The Japan-based software and IT services provider expects to raise about $22.8 million in gross proceeds to support its DSMM project, expand its micAuto-PF infotainment platform and fund SDV and location-based services investments, as well as for general corporate purposes.Trading is expected to begin on Nasdaq this Thursday, under the ticker "MWC," while the offering is set to close around Friday.

Datadog sees continued broad-based strength across both artificial intelligence-native and non-AI-native customers, with demand not concentrated among ramping large customers, RBC Capital Markets said.RBC noted the quarter marked the fourth straight quarter of accelerating growth and one of Datadog's strongest results in recent memory. Revenue growth exceeding 30% for the first time since first quarter of 2023 reinforced what it views as sustained underlying momentum as AI adoption continues to inflect and tech stack modernization accelerates.A highlight of the quarter was an eight- and seven-figure annualized deal with AI research divisions of two major tech companies for AI training as Datadog's platform continues to resonate with AI-native customers, RBC said in a research note Thursday, adding that despite the updated full-year guidance range, it still sees room for upside.RBC raised its price target on Datadog to $219 from $161 and maintained its outperform rating.Shares of Datad

Snail shares were up 150%, a day after the company posted a swing to Q1 earnings and higher revenue.Concorde International stock was 130% higher in Thursday premarket activity after the company said it has received contracts for over $10 million to provide integrated security services in Singapore.Alpha Compute stock was up 83% following a 2.6% drop in the previous session.Robo.ai stock was 78% higher after the company said its subsidiary Neurovia AI launched NeuroStream, a data compression platform aimed at reducing the cost and bandwidth demands of AI-driven visual data.Cisco Systems stock was up 17% after the company reported on Wednesday higher fiscal Q3 adjusted earnings and revenue in addition to issuing better-than-expected fiscal Q4 outlook, while also raising its fiscal 2026 guidance.

Citigroup (C) has an average rating of buy and mean price target of $146.21, according to analysts polled by FactSet.(MT Newswires covers equity, commodity and economic research from major banks and r

Oracle (ORCL) has an average rating of overweight and mean price target of $241.31, according to analysts polled by FactSet.(MT Newswires covers equity, commodity and economic research from major bank

DroneShield said that the March quarter was the second highest revenue quarter to date, with a revenue of AU$74.1 million, up 121% from AU$33.5 million in the year-ago quarter, according to a Wednesday Australian bourse filing.The three months ended March 31 was also the highest customer cash receipts quarter on record, with customer cash receipts rocketing 360% year over year to AU$77.4 million.The company's software-as-a-service business contributed 6.9% of the revenue, clocking in at AU$5.1 million during the period and jumping 205% year over year.DroneShield's shares were up nearly 2% in recent trading on Wednesday.

Robinhood Markets (HOOD) has an average rating of overweight and mean price target of $104.46, according to analysts polled by FactSet.(MT Newswires covers equity, commodity and economic research from