Vicor, Arm Holdings, Micron Technology And Other Big Stocks Moving Higher On Thursday
U.S. stocks rose; Vicor jumped 13.5% on a new license, while Generac surged 19.6% on an Amazon deal. Securitize and biotech shares rallied.
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U.S. stocks rose; Vicor jumped 13.5% on a new license, while Generac surged 19.6% on an Amazon deal. Securitize and biotech shares rallied.
Law firm Kirby McInerney LLP announced pending securities class action lawsuits against Bloom Energy Corporation for allegedly making false statements about its reliance on Chinese scandium supplies. A short-seller report on July 8, 2026 revealed that Bloom Energy sourced scandium from China through intermediaries despite claiming minimal China supply chain dependence, causing the stock to fall 5.7%. The firm is seeking lead plaintiffs with a September 28, 2026 deadline.
Law firm Kirby McInerney LLP announced pending securities class action lawsuits against Rackspace Technology for allegedly making false statements about its business transition to enterprise AI. The lawsuit covers investors who purchased RXT securities between May 7, 2026 and July 8, 2026. Rackspace's stock fell 33.6% on July 9, 2026 after the company revealed significant revenue guidance cuts of $150 million and disclosed that AI investments would require major resource reallocation away from profitable segments.
UBS calls Palantir the top enterprise AI enabler as Nvidia, FAA and other partnerships continue to expand its reach.