Nikola shares are trading higher Monday. The company announced shareholders approved all proposals at the Annual Meeting, including the reverse stock split.
A two-year legal battle between Qualcomm and Arm Holdings could disrupt the launch of AI-powered PCs. Industry experts at Computex expressed concerns that the contract dispute might halt shipments of new laptops.
In a blog post on Monday, Mandiant said it identified a threat campaign targeting Snowflake customer database instances for data theft and extortion. Mandiant and Snowflake have notified approximately 165 potentially exposed organizations to date.
Walmart (WMT) had a successful Q1 and shareholder event. Oppenheimer, Bank of America, and Telsey analysts are optimistic about e-commerce profitability and growth potential, with bettergoods and international markets as driving factors.
Tonix Pharmaceuticals shares are trading lower by 29% during Monday's session. The company effected a 1-for-32 reverse stock split of its common stock.