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Fertility Solutions-Focused Progyny Stock Sinks After Soft Guidance; Analyst Says ‘Can No Longer Underwrite Sustained Healthy Growth In Forecasts’

By Vandana Singh
May 10, 2:42 PM
Progyny reported first-quarter sales of $278.1 million, slightly below expectations due to increased clients and covered lives. KeyBanc Capital Markets downgraded Progyny from Overweight to Sector Weight, citing concerns about revenue visibility and customer behavior.

PGNY

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What’s Going On With Nvidia Stock?

By Erica Kollmann
May 10, 1:12 PM
Taiwan Semiconductor said its sales were up 60% in April to $7.3 billion, driven by ongoing demand for artificial intelligence and signs of recovery in consumer electronics. TSMC is the exclusive producer of Nvidia's most advanced training chips and is projected to boost sales by about a third this quarter, primarily fueled by the relentless demand for AI semiconductors.

NVDA

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Sam Altman’s Oklo Begins Trading: What’s Going On With The Stock?

By Erica Kollmann
May 10, 1:10 PM
Oklo completed its business combination with Sam Altman's AltC Acquisition Corp. Friday and announced its newly appointed board of directors with Sam Altman serving as chairman of the board. Oklo received approximately $306 million of gross transaction proceeds and plans to supply clean, reliable, affordable energy to customers across the artificial intelligence, data center, energy, defense, and industrial markets, among others.

OKLO