Envirotech Vehicles Stock Soars on Merger and Contract News
Envirotech Vehicles shares surged over 300% Monday after signing a letter of intent to merge with Azio AI and Azio securing a $107 million government contract.
Topic
Latest reporting and analysis tagged with stock market.
Envirotech Vehicles shares surged over 300% Monday after signing a letter of intent to merge with Azio AI and Azio securing a $107 million government contract.
Alibaba shares surged after China announced an 'AI+ Manufacturing' initiative to fund startups and accelerate AI adoption in factories, with Alibaba Cloud positioned to benefit.
A report reveals 93% of AI investors plan to maintain or increase investments in 2026, with companies like Emcor seeing growth from data center demand.
US stock indexes closed at record levels on Monday despite a criminal probe into Fed Chair Jerome Powell. Gold and silver surged, while bank stocks fell after Trump's warning on credit card rates.
Lululemon, Urban Outfitters, and American Eagle released holiday sales updates. Lululemon's stock rose, while Urban Outfitters and American Eagle shares fell. Industry figures commented at the ICR Conference in Orlando and NRF's Big Show in New York.
SanDisk stock has surged over 60% in early 2026 after a report indicated potential doubling of 3D NAND prices for enterprise SSDs, with strong Q1 2026 results showing 21% revenue growth and 878% operating income increase.
Alamos Gold shares surged to an all-time high on Monday, rising over 118% in the past year as gold prices set new records. The move follows news of a criminal investigation into Federal Reserve Chair Jerome Powell, with some experts labeling it a 'Sell America' trade.
Kratos Defense stock rose Monday as it announced a new Alabama factory, aligning with President Trump's call for defense contractors to invest in production.
WD-40 Company's fiscal Q1 2026 earnings missed expectations, causing a stock sell-off. The company reaffirmed its full-year guidance, citing timing issues with distributor orders rather than market weakness.