Business
POET Technologies Stock Rockets 31% on AI Optics Momentum and Strategic Funding Wins
TORONTO — POET Technologies Inc. shares surged more than 30% in midday trading Friday, climbing to around $15.33 as investors piled into the photonics innovator amid accelerating AI-driven demand for its optical interconnect technology and positive updates on financing and strategic positioning.

The stock (NASDAQ: POET) opened sharply higher and sustained strong gains on April 24, with trading volume exploding well above average. The dramatic move extends a powerful rally that has seen shares more than double in recent weeks, driven by growing excitement around POET’s role in solving critical data transfer challenges in next-generation AI systems.
POET Technologies develops photonic integrated circuits and optical engines designed to move data at dramatically higher speeds and lower power consumption than traditional copper-based solutions. Its technology is particularly relevant for AI infrastructure, where hyperscale data centers require ultra-fast, energy-efficient optical connections between chips and servers.
Recent catalysts have fueled the surge. The company has secured significant orders linked to major players, including connections through Marvell Technology following its acquisition of Celestial AI. POET’s chief financial officer Thomas Mika confirmed progress on these fronts in recent interviews, noting strong customer validation and production ramps.
POET also raised substantial capital recently — more than $225 million in Q4 2025 plus an additional $150 million in early 2026 — building a robust war chest of approximately $430 million. This financial strength positions the company to scale manufacturing and pursue commercial opportunities aggressively.
The company is advancing plans to redomicile its headquarters to the United States, a move intended to simplify tax structures for American investors and mitigate Passive Foreign Investment Company (PFIC) concerns raised in a recent short-seller report. POET’s management responded forcefully to the report, providing clarity on QEF elections and calling many allegations a “nothing burger.”
Analysts and retail investors have embraced the AI optics narrative. POET’s hybrid integrated photonics platform aims to address the “laser problem” in AI hardware by enabling more efficient light-based data transmission. As AI models grow larger and data center power demands escalate, optical solutions like POET’s are gaining traction as a potential differentiator.
The stock’s momentum has been amplified by heavy options activity, with call volumes far outpacing puts in recent sessions. This speculative fervor echoes earlier meme-like runs but is increasingly underpinned by tangible business progress, including design wins and partnerships in the optical communications space.
POET reported its Q4 2025 results in early April, showing a narrower net loss and progress on commercialization. While revenue remains modest as the company transitions from development to execution, management expressed confidence in scaling production and securing additional hyperscaler customers.
Challenges persist. POET is still pre-revenue at meaningful scale, faces execution risks in ramping manufacturing, and operates in a highly competitive sector dominated by larger players. Short-seller scrutiny highlighted governance and tax issues, though the company’s proactive responses appear to have reassured many investors.
Wall Street coverage remains limited but generally constructive on the long-term opportunity. Price targets vary widely, reflecting the speculative nature of the stock, but recent momentum has pushed sentiment higher. The company’s market capitalization has grown rapidly but remains modest relative to the potential addressable market in AI infrastructure.
For investors, POET represents a high-risk, high-reward bet on the optical revolution in AI. Supporters point to the technology’s differentiation, strong balance sheet and timing with massive data center buildouts. Skeptics caution about dilution risks, execution hurdles and the company’s history of volatility.
As trading continued Friday afternoon, POET shares held most of their gains amid elevated volume. The surge stands out even in a broader semiconductor rally, highlighting investor appetite for pure-play AI infrastructure stories.
Looking ahead, key milestones include production ramps, additional customer announcements and progress on the U.S. redomicile. The company’s next earnings report in May will be closely watched for updates on commercialization timelines and cash utilization.
POET Technologies’ rapid rise underscores the market’s fascination with innovative solutions to AI’s physical constraints. Whether the company can translate technological promise into sustained commercial success remains the central question, but Friday’s move shows investors are increasingly willing to bet on that potential.
Business
Is Wemby Fully Recovered Yet? Spurs Star Remains in Concussion Protocol for Game 3
SAN ANTONIO — Victor Wembanyama is not fully recovered from his concussion and remains in the NBA’s concussion protocol, keeping his status questionable for Friday night’s Game 3 against the Portland Trail Blazers despite traveling with the San Antonio Spurs to Oregon.

The 22-year-old Defensive Player of the Year suffered the injury in Tuesday’s Game 2 loss when he tripped while driving to the basket, fell hard and hit his face on the court after contact with Jrue Holiday. He appeared dazed, left the game early and did not return as Portland evened the series at 1-1. Spurs coach Mitch Johnson confirmed the concussion diagnosis immediately after the contest.
As of Friday morning, Wembanyama has shown positive progress — completing light cardio work without worsening symptoms and traveling with the team — but he has not been cleared for full basketball activity or Game 3 participation. The Spurs listed him as questionable on the official injury report, leaving open a small possibility while managing expectations conservatively.
NBA concussion protocol requires a minimum 48-hour period before any return-to-participation steps, along with a series of cognitive, neurological and exertion tests monitored by team doctors and league specialists. Median absence for concussions in the league hovers around seven to nine days, with some players recovering faster and others needing more time to ensure full safety and avoid secondary risks.
Coach Mitch Johnson described Wembanyama as “progressing” on Thursday but emphasized the team is following protocol strictly. “He looks good,” Johnson said. “The update is that he is following each protocol, he’s progressing, and he’ll travel with the team.” No decision on Game 3 will come until further testing in Portland, and many insiders view participation as unlikely given the timeline.
Wembanyama’s absence has been felt sharply. He dominated Game 1 with a franchise playoff debut record of 35 points, showcasing the length, shot-blocking and perimeter skills that make him a generational talent. Without him, the Spurs leaned on their young core but struggled to contain Portland’s guard play and interior scoring.
The Spurs are preparing as if he may not play, relying on De’Aaron Fox, Keldon Johnson, Stephon Castle and others to compete on the road at Moda Center. A win in Game 3 without their superstar could shift momentum, but extending the series without him would test San Antonio’s depth ahead of a potential second-round matchup.
Medical experts stress caution with young stars. A second concussion in quick succession carries amplified risks, and research shows elevated chance of lower-body injuries in the 90 days following a head injury. The Spurs, known for conservative player management, are prioritizing Wembanyama’s long-term health over short-term playoff urgency.
Fan reaction has been supportive, with calls for caution dominating social media. Supporters emphasize protecting the franchise cornerstone. The organization has echoed that sentiment, stressing that Wembanyama’s long-term availability remains the priority as the Spurs build around their young core.
Wembanyama has shown eagerness throughout the process, reporting to the facility daily and pushing to travel. His competitive drive is well-documented, but medical staff hold final say. Further evaluations in Portland will determine the next steps in his recovery, with Game 4 on Sunday or Game 5 back home in San Antonio considered more realistic targets.
Broader NBA concussion management has evolved with greater emphasis on safety. The league’s protocol includes baseline testing, independent neurological oversight and a step-by-step return process. Teams increasingly err on the side of caution with transcendent talents, understanding the risks of repeated head trauma.
For the Spurs, navigating the series without their best player tests coaching ingenuity and roster depth. Home-court advantage from the regular season provides a cushion, but the injury highlights the physical toll of the postseason. Portland senses an opening with home-court energy and will look to capitalize.
As Game 3 approaches Friday evening, pregame updates will provide the latest clarity. Whether Wembanyama suits up or watches from the sideline, his presence looms large over the series. The basketball world watches closely as the Spurs push forward in what promises to be a memorable postseason journey.
Wembanyama’s rapid ascent since being drafted No. 1 overall in 2023 has captivated fans globally. This early playoff injury tests both his resilience and the Spurs’ ability to compete at the highest level without their cornerstone. For now, cautious optimism prevails as the organization balances competitiveness with care for its young superstar.
Business
Agree Realty: Reliable Dividend Income To Weather The Macro Storm
Agree Realty: Reliable Dividend Income To Weather The Macro Storm
Business
Cummins Stock: Earnings Beat On The Way (NYSE:CMI)
Passage Research focuses on identifying variant perception through a blend of fundamental analysis and alternative data. The research process combines detailed financial modeling with real-time datasets to underwrite earnings power, margin durability, and forward expectations.The author has spent over a decade on Wall Street, most recently spending the last five years working in the hedge fund industry as an analyst. Typical coverage spans consumer, TMT, industrials and special situations, with an emphasis on asymmetric risk/reward and catalyst-driven opportunities.
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in CMI over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
Business
Rescue centre facing eviction makes funding appeal
Redhead Rescues Animal Sanctuary in Northamptonshire wants to buy its own land.
Business
Clearway Energy Stock: A Yieldco Positioned For The Next Energy Demand Cycle (NYSE:CWEN)
Equity investor with focus on long term and medium term value. Focuses on companies with good fundamentals with a long haul for investing and sector agnostic. Have passed CFA Level 1. Looking forward to building a base as an independent blogger on equity research reports.
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
Business
After call from Beijing, China’s auto industry races to embed AI in just about everything

After call from Beijing, China’s auto industry races to embed AI in just about everything
Business
A fragile hold: Five questions for the ECB

A fragile hold: Five questions for the ECB
Business
S&P 500, Nasdaq close at records on tech lift, Iran peace talk hopes
“The Iran thing feels kind of tenuous, we’ve had a lot of back and forth. I assume that will continue, but for now, some rays of sunlight,” said Jed Ellerbroek, portfolio manager at Argent Capital Management in St. Louis, Missouri.
The Dow Jones Industrial Average fell 79.61 points, or 0.16%, to 49,230.71, the S&P 500 gained 56.68 points, or 0.80%, to 7,165.08 and the Nasdaq Composite gained 398.09 points, or 1.63%, to 24,836.60.
For the week, the S&P 500 gained 0.55%, the Nasdaq rose 1.5%, and the Dow fell 0.44%.
Semiconductors, one of the market’s strongest performers on the year, continued to rally. The Philadelphia SE Semiconductor Index advanced 4.32% to extend its record run of gains to 18 consecutive sessions. Intel surged 23.65% to close at a record $82.57 and was the best performer on the benchmark S&P index, following a better-than-expected revenue forecast for the second quarter.
“All the doubts and fears about the (return on investment) on the AI CapEx from the big tech companies – Amazon and Google and Microsoft and Meta – those concerns are fading real fast, and that’s propelling the chip stocks and the contractors and all the industrial companies,” said Ellerbroek.
Fellow chipmakers AMD and Arm both shot higher by about 14%. Megacap Nvidia climbed 4.32% and also closed at a record as it neared the $5 trillion market valuation again. The S&P 500 technology index rose 2.46% and was the best-performing of the 11 major S&P sectors. Tech stocks also managed to shrug off DeepSeek’s preview of its highly awaited new model. The S&P 500 and the Nasdaq recorded a fourth consecutive week of gains, their longest streak since the fourth quarter of 2024. The Dow, however, snapped a three-week run higher.
FED MEETING AWAITED
Attention is also shifting to the Federal Reserve meeting next week, which will be scrutinized for clues on rate cuts and the central bank’s leadership succession. The U.S. Justice Department is closing its investigation into Fed Chair Jerome Powell, clearing an obstacle to the confirmation of Kevin Warsh, Trump’s pick to lead the central bank. Markets were pricing in a roughly 39% chance for a cut of at least 25 basis points at the Fed’s December meeting, according to CME’s FedWatch Tool, up from about 23% in the prior session.
A strong start to earnings season has helped buttress stocks against volatile Iran news. Earnings growth expectations for the first quarter now stand at 16.1%, according to LSEG data, up from 14.4% at the start of April.
Advancing issues outnumbered decliners by a 1.47-to-1 ratio on the NYSE and by a 1.38-to-1 ratio on the Nasdaq.
The S&P 500 posted 34 new 52-week highs and 8 new lows while the Nasdaq Composite recorded 126 new highs and 90 new lows.
Volume on U.S. exchanges was 17.81 billion shares, compared with the 18.39 billion average for the full session over the last 20 trading days.
Business
Search Hits Day 85 With DNA Testing and New Leads
TUCSON, Ariz. — The search for 84-year-old Nancy Guthrie entered its 85th day Saturday with authorities confirming ongoing FBI DNA analysis from her Catalina Foothills home and several new leads under review, though no arrests have been made in the high-profile abduction of the mother of NBC “Today” co-anchor Savannah Guthrie.

Nancy Guthrie was last seen at her Tucson-area residence on the evening of Jan. 31, 2026. She was reported missing the next morning after failing to attend church services. Investigators discovered signs of a struggle, including drops of blood on the front porch, and surveillance footage showed a masked, armed figure approaching the home around the time her pacemaker lost signal, suggesting she was taken by force.
Pima County Sheriff Chris Nanos and the FBI continue to lead a multi-agency task force. On Friday, officials confirmed that additional DNA samples collected from the home — including hair and potential mixed profiles — are undergoing advanced forensic testing at an FBI laboratory. Results from some samples are expected in the coming weeks, though authorities cautioned that the process remains ongoing and has not yet yielded a suspect.
Anonymous letters sent to media outlets, including TMZ, continue to complicate the investigation. The source, who previously claimed to have seen Nancy alive with kidnappers in Sonora, Mexico, has sent follow-up communications. Law enforcement has not validated the credibility of these letters and continues to treat them with skepticism while pursuing all tips.
The family offered a $1 million reward in late February for information leading to Nancy’s safe return. Additional incentives, including $100,000 from Crime Stoppers, remain active. Savannah Guthrie returned to the “Today” show earlier this month and delivered an emotional update, pleading for the public’s help while expressing continued hope. The family has largely avoided further public comment as the investigation advances.
Criminal profilers suggest the abduction may involve a targeted motive or a botched ransom scheme rather than a random act. The masked suspect’s preparation and apparent surveillance countermeasures point to planning. Nancy’s age and health conditions add urgency, though authorities have not publicly commented on her current status or condition.
The case has drawn intense national scrutiny, turning the quiet Tucson suburb into a media focal point. Door-to-door canvassing, aerial searches and cross-border coordination with Mexican authorities have generated thousands of tips, yet no confirmed sightings or secondary location have emerged. Polygraph tests, digital forensics and financial tracking continue behind the scenes.
As the symbolic 100-day mark approaches in mid-May, emotional weight builds for the family and community. Statistically, recovery chances decrease significantly over time in stranger abductions, yet high-visibility cases with sustained resources occasionally defy odds. Vigils, billboards and social media campaigns keep Nancy’s image prominent.
Nancy Guthrie lived a private life in retirement, active in her church and devoted to family. Her husband Charles died decades ago. Beyond Savannah, she has other children who have remained largely out of the spotlight. Friends describe her as warm and faithful, making her sudden disappearance from a seemingly secure neighborhood all the more shocking.
Broader questions linger about motive and execution. Some investigators continue to explore possible connections to Savannah’s public profile, though no direct evidence supports targeting due to fame. Bitcoin wallet activity linked to early ransom notes shows minimal movement, with the FBI viewing tracing efforts as a promising avenue.
Community frustration has grown alongside speculation. False reports of Nancy being located or suspects detained continue to surface, prompting officials to urge reliance on verified law enforcement channels. The desert terrain and proximity to the border complicate physical searches.
Experts predict the case could hinge on advanced genetic genealogy, continued digital analysis or a tip generated by the substantial rewards. The task force reviews old leads with fresh eyes while pursuing new ones. Savannah and her siblings maintain hope while preparing for a potentially prolonged wait, emphasizing Nancy’s humanity beyond the headlines.
As Saturday unfolded with no resolution, the desert sun cast long shadows over the Catalina Foothills. The search for Nancy Guthrie remains one of 2026’s most haunting mysteries — a stark reminder of vulnerability even in affluent neighborhoods. Authorities vow to continue until answers emerge, sustained by a family’s quiet determination and a community’s collective concern.
Public tips are still encouraged through FBI and Pima County channels. Even small details from late January or early February could prove decisive. While the calendar advances, hope persists that Nancy will be found and the family granted closure in a case that has TUCSON, Ariz. — The search for 84-year-old Nancy Guthrie entered its 85th day Saturday with authorities confirming ongoing FBI DNA analysis from her Catalina Foothills home and several new leads under review, though no arrests have been made in the high-profile abduction of the mother of NBC “Today” co-anchor Savannah Guthrie.
Nancy Guthrie was last seen at her Tucson-area residence on the evening of Jan. 31, 2026. She was reported missing the next morning after failing to attend church services. Investigators discovered signs of a struggle, including drops of blood on the front porch, and surveillance footage showed a masked, armed figure approaching the home around the time her pacemaker lost signal, suggesting she was taken by force.
Pima County Sheriff Chris Nanos and the FBI continue to lead a multi-agency task force. On Friday, officials confirmed that additional DNA samples collected from the home — including hair and potential mixed profiles — are undergoing advanced forensic testing at an FBI laboratory. Results from some samples are expected in the coming weeks, though authorities cautioned that the process remains ongoing and has not yet yielded a suspect.
Anonymous letters sent to media outlets, including TMZ, continue to complicate the investigation. The source, who previously claimed to have seen Nancy alive with kidnappers in Sonora, Mexico, has sent follow-up communications. Law enforcement has not validated the credibility of these letters and continues to treat them with skepticism while pursuing all tips.
The family offered a $1 million reward in late February for information leading to Nancy’s safe return. Additional incentives, including $100,000 from Crime Stoppers, remain active. Savannah Guthrie returned to the “Today” show earlier this month and delivered an emotional update, pleading for the public’s help while expressing continued hope. The family has largely avoided further public comment as the investigation advances.
Criminal profilers suggest the abduction may involve a targeted motive or a botched ransom scheme rather than a random act. The masked suspect’s preparation and apparent surveillance countermeasures point to planning. Nancy’s age and health conditions add urgency, though authorities have not publicly commented on her current status or condition.
The case has drawn intense national scrutiny, turning the quiet Tucson suburb into a media focal point. Door-to-door canvassing, aerial searches and cross-border coordination with Mexican authorities have generated thousands of tips, yet no confirmed sightings or secondary location have emerged. Polygraph tests, digital forensics and financial tracking continue behind the scenes.
As the symbolic 100-day mark approaches in mid-May, emotional weight builds for the family and community. Statistically, recovery chances decrease significantly over time in stranger abductions, yet high-visibility cases with sustained resources occasionally defy odds. Vigils, billboards and social media campaigns keep Nancy’s image prominent.
Nancy Guthrie lived a private life in retirement, active in her church and devoted to family. Her husband Charles died decades ago. Beyond Savannah, she has other children who have remained largely out of the spotlight. Friends describe her as warm and faithful, making her sudden disappearance from a seemingly secure neighborhood all the more shocking.
Broader questions linger about motive and execution. Some investigators continue to explore possible connections to Savannah’s public profile, though no direct evidence supports targeting due to fame. Bitcoin wallet activity linked to early ransom notes shows minimal movement, with the FBI viewing tracing efforts as a promising avenue.
Community frustration has grown alongside speculation. False reports of Nancy being located or suspects detained continue to surface, prompting officials to urge reliance on verified law enforcement channels. The desert terrain and proximity to the border complicate physical searches.
Experts predict the case could hinge on advanced genetic genealogy, continued digital analysis or a tip generated by the substantial rewards. The task force reviews old leads with fresh eyes while pursuing new ones. Savannah and her siblings maintain hope while preparing for a potentially prolonged wait, emphasizing Nancy’s humanity beyond the headlines.
As Saturday unfolded with no resolution, the desert sun cast long shadows over the Catalina Foothills. The search for Nancy Guthrie remains one of 2026’s most haunting mysteries — a stark reminder of vulnerability even in affluent neighborhoods. Authorities vow to continue until answers emerge, sustained by a family’s quiet determination and a community’s collective concern.
Public tips are still encouraged through FBI and Pima County channels. Even small details from late January or early February could prove decisive. While the calendar advances, hope persists that Nancy will be found and the family granted closure in a case that has gripped the nation.
(Word count: 1,009)
Business
Commerce Bancshares, Inc. (CBSH) Shareholder/Analyst Call – Slideshow
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