Sector
NextEra Energy (NEE) agreed to acquire Dominion Energy (D) in a nearly $67 billion all-stock deal, creating the world’s largest regulated electric utility as surging AI-driven electricity demand reshapes the power sector.
Innovation & Tech
Across technology, retail, infrastructure, and China-linked equities, markets repeatedly rewarded companies that paired AI investment, operational execution, or recurring demand with visible revenue durability and disciplined growth.
Earnings
Figma (FIG) surged after the design software company delivered stronger-than-expected quarterly results, raised full-year guidance, and showed growing monetization from its AI-powered design tools and enterprise customer expansion.
Macro
The latest meeting between President Donald Trump and Chinese President Xi Jinping highlighted efforts to stabilize U.S.-China relations, with business leaders and investors closely watching trade, artificial intelligence, and semiconductor policy for signs of economic impact on both countries.
Innovation & Tech
Cerebras Systems (CBRS) surged in its Nasdaq debut after one of the largest U.S. tech IPOs in years, as investors rushed into the artificial intelligence infrastructure trade and embraced the company’s positioning as a challenger to Nvidia in AI inference computing.
Earnings
Cisco Systems (CSCO) surged after the networking giant raised its AI infrastructure outlook, issued stronger-than-expected guidance, and unveiled a restructuring plan aimed at accelerating its push into artificial intelligence markets.
Earnings
Ondas Holdings (ONDS) rallied after the autonomous drone and defense technology company reported first-quarter revenue that topped expectations and raised its full-year outlook as backlog growth accelerated following recent acquisitions.
Earnings
Doximity (DOCS) shares tumbled after the digital healthcare platform issued fiscal 2027 revenue guidance that missed Wall Street expectations as rising AI investment costs and slower pharmaceutical advertising spending pressured investor sentiment.
Earnings
Nextpower (NXT) shares surged after the solar technology company reported stronger-than-expected quarterly results, raised its fiscal 2027 revenue outlook, and expanded into power conversion and data center infrastructure through a new acquisition.
Earnings
Alibaba (BABA) and JD.com (JD) both reported quarterly revenue growth tied to AI and e-commerce expansion, but investor reactions diverged as Alibaba’s profits fell sharply while JD delivered stronger retail margins despite ongoing competition in China’s online shopping market.
Innovation & Tech
Nebius Group (NBIS) surged after reporting first-quarter revenue growth of 684%, a sharp improvement in profitability metrics, and new AI infrastructure agreements tied to Meta Platforms (META) and Microsoft (MSFT). The company also expanded its U.S. data center footprint.
Sector
General Motors (GM) fell after announcing hundreds of IT layoffs as investors weighed restructuring efforts, weak EV demand, inflationary pressures, and broader concerns around profitability and workforce changes.