Aeva Technologies, Inc. announced the closing of a follow-on public offering, raising gross proceeds of $115.0 million. The offering included the full exercise of the underwriters' option to purchase additional shares. Aeva plans to use the net proceeds for general corporate purposes, including capitalizing on accelerating commercial interest in AI infrastructure, Co-Packaged Optics, and meeting growing demand for existing applications.

Shares of Applied Materials Inc. (AMAT) fell 9.71% to $453.01 on Friday, underperforming the broader market as the S&P 500 Index and Dow Jones Industrial Average also experienced declines. This drop ended a six-day winning streak for the company's stock.

Corning Inc. (GLW) stock fell 1.63% on Friday, underperforming compared to its competitors. Despite the daily loss, the stock gained 1.48% for the week, while the S&P 500 also saw gains.

York Space Systems has shipped its second production lot of tactical satellites, which are slated for a summer launch. This development could put the theoretical "YSS stock" in the spotlight, implying increased investor interest or market attention for the company, although such a stock does not publicly trade.

Amprius Technologies, Inc. (AMPX) announced Q1 revenue of $28.5 million, surpassing the FactSet estimated revenue of $25.7 million. Despite this positive revenue report, the article notes a recent insider sale of shares worth over $1 million and a short position taken against the company by Manatee Research. Amprius Technologies specializes in high-energy-density lithium-ion batteries for mobility applications, including aviation and EVs.

Analysts have raised the 12-month average price target for Rubrik, Inc. (RBRK) stock from $84.63 to $93.33, indicating a potential 21% upside from its June 4 closing price. The consensus rating from 29 analysts remains "Buy," with no "Hold" or "Sell" recommendations. This updated target reflects increased optimism among analysts regarding the company's future performance.

AI's rapid growth is pushing data centers to their energy limits, necessitating new approaches to power, cooling, and cost management. Cisco's Energy Networking Systems offers a three-pillar framework—energy visibility, power distribution, and thermal management—to address these challenges. Workday's successful implementation of Fault Managed Power (FMP) demonstrates the real-world benefits of these solutions in enhancing data center efficiency and significantly reducing energy consumption and costs.

Gartner (IT) stock has fallen 60.9% over the past year despite a recent 10.3% rise in the last month, prompting questions about its valuation. Simply Wall St's Discounted Cash Flow analysis suggests Gartner is undervalued by 49.4% at its current price of approximately $164.87, with an estimated intrinsic value of $325.73 per share. Additionally, the P/E ratio of 14.9x is below Simply Wall St's "Fair Ratio" of 27.6x, further indicating the stock may be undervalued.

Aeva Technologies, Inc. announced the closing of a follow-on public offering, raising $115 million in gross proceeds. The company sold over 5 million shares at $22.25 each, including the full exercise of the underwriters' option. Aeva plans to use the net proceeds for general corporate purposes, specifically to address the growing commercial demand for AI infrastructure, Co-Packaged Optics (CPO), and its existing applications.

Gen Digital Inc's shares traded steadily on Nasdaq after Norton, a unit of the company, announced the beta launch of Norton Family Assistant, a new AI-powered tool. This product aims to help parents manage family life by consolidating information from various sources, indicating Gen Digital's push to expand its software and services portfolio with AI-enabled solutions. Investors are monitoring the product's integration into the company's broader cyber safety strategy and its potential impact on user engagement and subscription growth.