NEWS

Micron Stock Rockets Toward $420 on Explosive AI Memory Demand and Record Q3 Guidance

Earnings News: Micron Technology Inc (NASDAQ: MU)
BOISE, Idaho — Micron Technology Inc. shares climbed more than 3% Thursday to trade around $420.50 as investors continued to reward the memory chipmaker's dominant position in the artificial intelligence boom, fueled by sold-out high-bandwidth memory production through 2026 and blockbuster guidance signaling another quarter of record revenue and margins.
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ImmunityBio

ImmunityBio Stock Climbs 7% as Record $44M Q1 Revenue from ANKTIVA Fuels Biotech Rally

Shares of ImmunityBio Inc. rose sharply midday Thursday as the commercial-stage immunotherapy company reported record preliminary first-quarter 2026 net product revenue of approximately $44.2 million from its flagship bladder cancer therapy ANKTIVA, marking a 168% increase from the same period last year and underscoring accelerating commercial traction despite a recent FDA warning on promotional materials.
Amazon Shuts Down Appstore for Android Phones After 14 Years

Amazon Stock Jumps 4.5% as AI Optimism Eases Fears Over $200 Billion CapEx Spending Spree

Amazon.com Inc. shares surged more than 4% midday Thursday, trading near $231 as investors appeared to embrace the company's massive artificial intelligence infrastructure push, brushing aside earlier concerns about ballooning capital expenditures and focusing instead on accelerating AWS growth and long-term returns from AI investments.
Headquarters at Commonwealth Bank Place in Sydney

CBA Launches Australia-First Passport Scan: Open Bank Account in Under One Minute

SYDNEY — Commonwealth Bank of Australia has rolled out a pioneering digital identity feature that lets new customers open an account in as little as one minute using only their e-passport, marking the first time an Australian bank has deployed near-field communication technology to read the encrypted chip in government-issued passports.

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