Nvidia Corp (NASDAQ:NVDA, XETRA:NVD) shares rose 2.9% on Monday as Bank of America reiterated its Buy rating and kept the chipmaker as its top sector pick, arguing that a stronger focus on shareholder returns could become the next major catalyst for the stock.
The brokerage said Nvidia’s vast free cash flow generation and discounted valuation relative to other “Magnificent Seven” peers leave room for a meaningful re-rating if the company boosts dividends or buybacks.
Shares of POET Technologies Inc (TSX-V:PTK, NASDAQ:POET, FRA:RI4A) fell more than 46% on Monday morning after Marvell Technology Group Ltd. (NASDAQ:MRVL) cancelled all purchase orders tied to Celestial AI, citing alleged violations of confidentiality obligations.
Marvell provided written notice of the cancellation on April 23, telling POET that it had made disclosures of information related to the purchase orders and shipping details in contravention of its confidentiality obligations.
Domino's Pizza Inc (NYSE:DPZ) reported first-quarter results that fell short of Wall Street expectations on Monday, as the world's largest pizza chain grappled with a challenging economic backdrop and intensifying competition in the quick-service restaurant sector.
The Ann Arbor, Michigan-based company posted revenue of $1.15 billion for the quarter ended March 2026, missing analyst estimates of $1.17 billion, while earnings per share came in at $4.13, below the consensus forecast of $4.27.
Verizon Communications Inc (NYSE:VZ, XETRA:BAC) said on Monday it is in advanced discussions with hyperscalers, cloud providers, and large enterprises to deploy its fiber and 5G assets for artificial intelligence infrastructure, a revenue opportunity the telecom giant described as potentially worth multiple billions of dollars, with further details expected in three to six months.
The announcement came as Verizon reported first-quarter revenue of $34.4 billion, up 2.9% year-over-year but below analyst estimates of $34.82 billion.
Prediction markets have priced out any near-term resolution, with a US-Iran deal now seen as a May or June event at the earliest.
Polymarket, the prediction market platform, is pricing just a 31% chance of a permanent US-Iran peace deal by the end of May, rising to 48% by the end of June, signalling that traders expect Persian Gulf oil disruption to persist for weeks and potentially months yet.