Small-cap neobank Dave Inc. soars after earnings

Dave Inc., an LA-based small-cap neobank that specializes in short-term loans to cash-strapped account holders, is up big Thursday — albeit on relatively modest volume — after reporting strong numbers and raising its guidance for the year.

We had a chance to chat with CEO Jason Wilk a couple months back about his outlook for the company, if you’re interested in learning more.

Dave, which went public via SPAC in January 2022, had a 940% gain last year, making it the third-biggest gainer in the Russell 2000.

Dave Reports First Quarter 2025 Financial Results

We had a chance to chat with CEO Jason Wilk a couple months back about his outlook for the company, if you’re interested in learning more.

Dave, which went public via SPAC in January 2022, had a 940% gain last year, making it the third-biggest gainer in the Russell 2000.

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Visa reports solid beat on earnings

Visa inched up in after hours trading, as it reported quarterly numbers that outpaced expectations. The solid, but unspectacular outperformance — it beat EPS expectations by a penny — is par for the course for a company that’s developed a reputation as a boring, but consistent, money maker seemingly indifferent to economic conditions.

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Seagate rises after posting better-than-expected earnings

Makers of the affordable data storage technology known as hard disk drives have become hot stocks amid the AI boom.

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Bloom Energy blossoms after reporting Q3 numbers

The market seems to like the better-than-expected news.

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Tech-fueled rally drives stocks to new records ahead of Fed rate decision and big earnings

The AI trade is back on as traders await tomorrow’s rate cut decision and megacap tech earnings on Wednesday and Thursday.

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Lucid plans to build a privately owned autonomous car with Nvidia tech

Shares of Lucid vaulted briefly on Tuesday afternoon following the company’s announcement that it will team up with Nvidia to bring Level 4 autonomous driving to its future vehicles.

A still unnamed midsized SUV by Lucid, planned for 2026, will feature lidar and radar provided by Nvidia’s ecosystem. Ultimately, the automaker said it aims to create the “first true eyes-off, hands-off, and mind-off (L4) consumer owned autonomous vehicle.” Level 4 autonomous vehicles, like Waymo’s robotaxis, operate without human intervention.

The Nvidia partnership will also bring new automated features to Lucid’s Gravity SUV, the luxury EV maker said. Its shares rose more than 6% before losing all those gains and dipping into the red.

Lucid and Nvidia’s announcements came along with a host of other new partnerships at the chip designer’s GPU Technology Conference in Washington, DC.

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