Microchip Technology (MCHP) Stock UP 15.5% Last Week – Here’s Why
Microchip Technology (MCHP), a constituent in the MunAiMarkets Integrated Device Manufacturer (IDM) Stocks Model Portfolio, saw a 15.5% price increase during the week ending May 9th, driven by strong Q1 earnings and optimistic revenue guidance. The company reported better-than-expected earnings per share (EPS) and noted that the March quarter marked the bottom of the ongoing […]
AbCellera Biologics (ABCL) Declined 16% Last Week – Here’s Why
AbCellera Biologics (ABCL) saw a 16% decline in its stock price during the week ending May 9th, primarily due to disappointing Q1 earnings and concerns about its revenue trajectory. The company reported $4.24 million in revenue, marking a 57% drop compared to the same quarter in 2024. Additionally, its net loss widened to $45.6 million, […]
Recursion Pharmaceuticals (RXRX) Dropped 24% Last Week – Here’s Why
Recursion Pharmaceuticals (RXRX) saw a 24% drop in its stock price during the week ending May 9th, largely due to disappointing Q1 earnings and a strategic shift in its development pipeline. The company reported an earnings-per-share (EPS) loss of $0.50, slightly better than expected, but its revenue of $14.75 million fell short of forecasts. Additionally, […]
D-Wave Quantum (QBTS) Saw A 40% Surge In Its Stock Price This Week – Here’s Why
D-Wave Quantum (QBTS) saw a 40.2% surge in its stock price during the week ending May 9th, primarily driven by its impressive Q1 earnings report. The company reported a 508% increase in revenue largely due to the sale of a quantum computing system. This strong financial performance helped narrow its net loss by 69%, which further boosted […]
Ethereum Mini Trust UP 27% – Here’s Why
The MunAiMarkets Bitcoin/Ethereum Crypto Portfolio tracks the performance of the Grayscale Bitcoin Mini Trust (BTC) and the Grayscale Ethereum Mini Trust (ETH) and the latter saw a significant rise in the week ending May 9th (+26.8%), largely due to the Pectra network upgrade on Ethereum. This upgrade introduced improvements aimed at increasing transaction capacity and speed, making Ethereum more competitive against other […]
Disappointing Cannabis MSO Q1 Results Crush Category: Erase Major Gains In April
Four major multi-state operators – Green Thumb Industries, Trulieve, Curaleaf, and TerrAscend – reported Q1 earnings w/e May 9th and they were so disappointing their stock prices erased the substantial gains they had garnered in April. The American Cannabis MSOs Portfolio Below are the performances of all 6 constituents in the American Cannabis MSOs Portfolio […]
