OpenAI launched its new open-source coding agent, Codex CLI, alongside its advanced AI models o3 and o4-mini, as part of a strategic push to remain competitive amid rising pressure from rivals like DeepSeek, Anthropic, and Google.
The device, known as the Layer 7 Cortical Interface, is a thin, flexible microelectrode array designed to record and stimulate neural activity without penetrating brain tissue.
Shares of global car rental company Hertz (NASDAQ:HTZ)
jumped 57.9% in the pre-market session after reports revealed that Bill Ackman's Pershing Square had an even bigger stake in the company, a day after the hedge fund acquired $46.5m of the company's stock. Notably, CNBC reported that Pershing Square's total position was about 19.8%, including shares and swaps, making it the company's second-largest shareholder.
Shares of steel wire manufacturer Insteel (NYSE:IIIN) jumped 11.9% in the morning session after the company reported impressive first-quarter 2025 (fiscal Q2) results, which significantly blew past analysts' sales, EPS and EBITDA estimates.
Shares of water control and measure company Badger Meter (NYSE:BMI) jumped 7% in the morning session after the company reported impressive first quarter 2025 results which exceeded analysts' revenue and EPS estimates. Sales rose 13% year-on-year, fueled primarily by a 16% gain in utility water sales.
Margins also expanded meaningfully due to a more favorable product and customer mix.
While the company did not issue formal guidance, management acknowledged that the second quarter would face tougher comparisons, yet reaffirmed confidence in long-term growth.
Overall, we think this was a solid quarter with some key areas of upside.
Shares of global pharmaceutical company Eli Lilly (NYSE:LLY)
jumped 15.3% in the morning session after results from a Phase 3 trial showed that its experimental drug, Orforglipron, performed significantly well in helping patients manage obesity and diabetes. The stock's reaction suggested that investors were optimistic that, if approved, Lilly could scale production quickly and tap into the fast-growing diabetes and obesity markets.
Shares of professional tools and equipment manufacturer Snap-on (NYSE:SNA)
fell 8.6% in the morning session after the company reported weak first-quarter 2025 results: Its revenue missed significantly, and its EPS fell short of Wall Street's estimates. The big story was a 3.5% drop in sales, with most of that coming from weaker demand in the U.S. Tools Group. Overall, this quarter could have been better.
Despite a broad tech correction, Netflix stands out as a rare green beacon, with gains over the past month, year-to-date, and year. Bullish momentum and technical indicators suggest further potential. In contrast, other tech giants like Apple, Microsoft, and Amazon have all seen losses in 2021. Netflix's performance in the market sends a strong message, with the S&P 500 down 10% year-to-date. It seems Netflix has shifted the focus from streaming wars to being a stock market standout.
April 17, 2025 – Super Micro Computer, Inc. (NASDAQ: SMCI), a key player in AI server solutions, experienced a 1.56% decline in its stock price today, reaching $31.40 as of 10:05:46 AM EDT. This dip reflects ongoing market volatility driven by tariff uncertainties and shifts in AI
GameStop Corp. (NYSE:GME), the video game retailer turned meme stock sensation, has seen its stock price skyrocket over the past year, leaving many Wall Street giants in the dust.
Over the past six months, BWX’s shares (currently trading at $104.17) have posted a disappointing 16.7% loss while the S&P 500 was down 8.9%. This might have investors contemplating their next move.
Olaplex has gotten torched over the last six months - since October 2024, its stock price has dropped 45.5% to $1.14 per share. This may have investors wondering how to approach the situation.
