Shares of automotive manufacturer General Motors (NYSE:GM)
fell 5.2% in the afternoon session after President Trump announced plans to double tariffs on steel and aluminum imports to 50%.
Shares of digital infrastructure provider Applied Digital (NASDAQ:APLD) jumped 51% in the afternoon session after it signed two long-term lease agreements for artificial intelligence data centers with Nvidia-backed AI hyperscaler CoreWeave. APLD is expected to deliver 250 megawatts (MW) of power for CoreWeave's AI and high-performance computing (HPC) infrastructure at its North Dakota data center campus.
The FTSE 100 initially declined on Monday as renewed concerns over global trade tensions weighed on market sentiment before recovering late in the day.
Markets opened strong as bulls briefly pushed indexes into the green, triggering stop-outs in positions like XOP, COP, and MTDR—only to reverse sharply soon after in a classic intraday whipsaw.
Burger restaurant chain Red Robin (NASDAQ:RRGB) fell short of the market’s revenue expectations in Q1 CY2025, with sales flat year on year at $392.4 million. Its non-GAAP profit of $0.19 per share was significantly above analysts’ consensus estimates.
Cybersecurity firm Zscaler will expand a partnership with Vectra AI to provide its customers with artificial intelligence-based threat detection tools over more cloud-based products.
The revamped VMware Tanzu CloudHealth platform has AI-powered tools that help in simplifying cloud cost analysis and driving smarter financial decision-making.
Zscaler Inc. (NASDAQ: ZS) shares are trading higher Monday on what appears to be continued momentum after the company posted better-than-expected fiscal third-quarter earnings and raised its full-year guidance last week.
Shares of cloud security platform Zscaler (NASDAQ:ZS)
jumped 5.1% in the afternoon session after the stock's momentum strengthened following the strong first quarter 2025 results reported the previous week, which exceeded Wall Street's sales, operating profits, and earnings (EPS) estimates.
The Dow Jones Industrial Average and S&P 500 Index are lower this afternoon, while the Nasdaq Composite Index sits flat, as U.S.-China trade tensions ramp up.
The Canadian Dollar (CAD) extends its winning streak against the US Dollar (USD) for a third consecutive day on Monday, supported by rising oil prices and sustained weakness in the Greenback.
In a study conducted in China, GFH375, also known as VS-7375 in the U.S., showed an overall response rate of 52% in patients with pancreatic ductal adenocarcinoma and 42% in those with non-small cell lung cancer.
