ESS Tech Inc. announced a Letter of Intent with Juniper Energy for the deployment of at least 500 MWh of sodium-ion battery systems by 2032, sending its shares up over 9% in premarket trading.
Shares of Super Micro Computer jumped after the company reported a massive influx of AI-related orders and sharply higher margins in preliminary Q4 results, though significant governance and financial concerns continue to create investor uncertainty.
Capstone Green Energy (NASDAQ:CEPL) saw its shares fall in premarket trading after announcing a 36-month lease agreement with Maurel & Prom to convert flare gas into electricity in Gabon.
Elon Musk's artificial intelligence company is reportedly planning to build at least one large-scale data center in Texas, a move to significantly expand its computing power beyond its current Tennessee operations.
An AI-driven analysis has identified three large-cap stocks, including Bloom Energy and Insulet, as potentially overvalued by nearly 50%, highlighting a significant disconnect with consensus analyst price targets.
Investment firm BTIG has selected BWX Technologies and Katos Defense & Security Solutions as its highest-conviction industrial stocks, citing catalysts from rising defense budgets and a resurgence in nuclear power.
Shares of TE Connectivity declined after the company's strong third-quarter earnings report was overshadowed by investor concerns regarding its concurrent announcement of a $1.4 billion acquisition.
The European Union plans to review its airline ownership rules this autumn, a move that could complicate U.S. private equity bids for budget carrier easyJet and signals a stricter enforcement of local control requirements.
Startup carrier BermudAir has placed a firm order for 10 Airbus A220-300 aircraft, a move designed to more than double its route network and replace its existing Embraer fleet by 2030.
