Nvidia Corp (NASDAQ:NVDA, ETR:NVD)'s newly announced $5 billion investment in Intel Corp (NASDAQ:INTC, ETR:INL), alongside a partnership to co-develop custom data center and PC products, is being described by analysts as a transformative moment for Intel and a pivotal step in the global AI race.
Wedush sees the deal as “a game-changer deal for Intel as it now brings them front and center into the AI game,” while Baird noted the collaboration “validates x86 processors as beneficiaries of GPU-generated AI tokens.”
CrowdStrike Holdings Inc (NASDAQ:CRWD) stock popped as investors responded positively to the company’s long-term financial targets and upbeat guidance outlined at its recent Fal.Con 2025 conference.
The cybersecurity firm set an ambitious goal of reaching $20 billion in annual recurring revenue (ARR) by fiscal 2036, which would represent a compound annual growth rate of about 15%.
Darden Restaurants Inc (NYSE:DRI) shares slid 10% to about $189 in early trading on Thursday after the restaurant chain reported mixed financial results for its first quarter 2026.
The company posted adjusted earnings per share for the period of $1.97, falling short of the $2 consensus analyst forecast provided by LSEG.
Cracker Barrel Old Country Store (NASDAQ:CBRL) shares moved lower as the restaurant chain warned of lower traffic and reduced revenue for fiscal 2026 following backlash over its abandoned logo rebranding.
The company is reverting to its original logo and more traditional interiors at four restaurants where it had rolled out a more modern layout after facing criticism, including from US President Donald Trump.
Shares in Geo Exploration jumped as much as 15% after the AIM-listed natural resources group announced it had repaid in full an interest-free loan from chief executive Omar Ahmad, leaving the company debt-free as drilling begins at its flagship Juno project.
The $270,000 loan was provided in July 2024 at a critical moment for the business, giving management the stability to press ahead with operational plans.
Shares in Intel Corp (NASDAQ:INTC, ETR:INL) rocketed 28% higher in premarket trading on Thursday after a collaboration with Nvidia Corp (NASDAQ:NVDA, ETR:NVD) was announced to design new AI datacenter and personal computing products.
As part of the deal, Nvidia will buy $5 billion of Intel shares at a price of $23.28 apiece.
Capricorn Energy PLC's (LSE:CNE, OTC:CRNZF) shares rose 12% on Thursday after the oil and gas group reaffirmed its production guidance and reported solid progress in Egypt, its core market.
The company said first-half production averaged just over 20,000 barrels of oil equivalent per day, placing it on track to deliver between 17,000 and 21,000 for the full year.
Mkango Resources Ltd (AIM:MKA, TSX-V:MKA, OTC:MKNGF) shares strengthened on Thursday after it secured funds for its recycling venture.
The AIM-quoted company raised £3 million through a private placement to accelerate the scale-up of its rare earth magnet recycling and manufacturing operations.
Roche has agreed to acquire American biotech 89bio in a transaction worth up to $3.5 billion, as it looks to expand its pipeline of treatments for liver and cardiometabolic diseases.
The Swiss pharmaceutical group said the deal values 89bio at $2.4 billion upfront, with an additional $1.1 billion tied to milestone payments.