Wednesday’s Insider Activity: Major Buys at Berkley, Sells at CoreWeave

Investing.com -- GCT Semiconductor Holding Inc. (NYSE:GCTS) stock jumped 8% in premarket trading Thursday after the company announced a licensing agreement for its 5G and 4G chipsets with a major satellite communications provider.

The 5G semiconductor designer said the deal will enable integration of its chipsets into the satellite provider’s user equipment, creating capabilities for connectivity via both satellite and terrestrial networks. The agreement also establishes a pathway for future chipset sales as the satellite provider will use GCT’s newly released 5G chipset for direct-to-satellite applications.

GCT expects shipments of the 5G products supporting this initiative to begin as early as the second half of this year. Under the terms of the agreement, GCT will provide access to its chipset portfolio for use in multiple user devices.

"This collaboration positions both companies at the forefront of emerging and growing 5G-to-space networks that aim to deliver coverage globally, including underserved regions, and aims to accelerate the industry’s transition toward unified terrestrial-satellite networks," said John Schlaefer, CEO of GCT.

The company noted that its expertise in non-terrestrial connectivity and proprietary mode-switching capabilities would help these devices outperform the current generation of non-terrestrial equipment.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Investing.com -- Software shares fell sharply in premarket U.S. trading Thursday after updates from Microsoft and SAP raised fresh questions about the durability of cloud and AI spending.

Microsoft slid about 7% even after the company posted stronger-than-expected quarterly results. 

The company reported adjusted earnings of $4.14 per share on revenue of $81.3 billion, both ahead of analyst forecasts. 

But investors focused on slowing momentum in Azure, where revenue rose 39%, only marginally above expectations and slightly weaker than the prior quarter’s pace. 

The deceleration added to concerns about whether hyperscale cloud growth can keep expanding at recent rates.

SAP has dropped roughly 16% after the enterprise software group’s latest update failed to ease market worries. 

The company met expectations for fourth-quarter revenue, but its cloud backlog and its 2026 cloud revenue outlook fell short of forecasts. The miss puts pressure on a stock that has already declined significantly since peaking in mid-2025.

The broader software sector was dragged lower alongside the two industry leaders. 

Datadog has declined about 5.5%, Atlassian has dropped 4.3%, Workday is down 3.9%, and Snowflake has lost around 4.3% in premarket action. 

Salesforce is down roughly 4.6%, while MongoDB slipped 3.7% and Adobe declined nearly 2.6%.

Investing.com -- Automotive suppliers with electric vehicle (EV) exposure are attracting significant investor attention as the transportation sector continues its electrification journey. According to recent rankings from WarrenAI, several companies stand out for their strong market position, growth potential, and financial performance. These suppliers are strategically positioned to benefit from both traditional automotive manufacturing and the ongoing EV transition.

The analysis highlights three companies that offer compelling investment opportunities in this evolving sector:

Autoliv Inc (NYSE:ALV): With a 27.5% one-year return, Autoliv leads the pack as WarrenAI’s top pick for safety systems and income. The company currently offers a 9.9% upside to fair value and provides a 3.1% dividend yield.

Autoliv has earned a "Strong Buy" consensus from analysts with a fair value target of $139.31. The company’s focus on automotive safety systems positions it well across both traditional and electric vehicle markets.

BorgWarner Inc (NYSE:BWA): This supplier has delivered an impressive 44.4% one-year return, the highest among the ranked companies. BorgWarner shows a 6.0% upside to its fair value according to the analysis.

WarrenAI notes the company’s strong hybrid exposure as a key advantage, allowing it to benefit from multiple powertrain technologies during the transition to electric vehicles.

Lear Corporation (NYSE:LEA): With a 27.2% one-year return, Lear offers the highest upside potential at 25.9% to fair value. The company also provides the most attractive dividend yield at 3.4%. WarrenAI describes Lear as offering a strong "value & yield combo" for investors looking for both growth potential and income in the automotive supplier space.

These automotive suppliers demonstrate how companies with established positions in traditional vehicle manufacturing can successfully adapt to and benefit from the growing electric vehicle market. Their performance metrics suggest they are effectively navigating industry transitions while delivering value to shareholders.

Investing.com – Saudi Arabia stocks were lower after the close on Thursday, as losses in the Media & Publishing, Building & Construction and Energy & Utilities sectors led shares lower.

At the close in Saudi Arabia, the Tadawul All Share lost 0.66%.

The best performers of the session on the Tadawul All Share were Al Masane Al Kobra Mining Company CJSC (TADAWUL:1322), which rose 6.47% or 7.10 points to trade at 116.80 at the close. Meanwhile, Specialized Medical Co (TADAWUL:4019) added 4.25% or 0.85 points to end at 20.85 and Bank AlJazira (TADAWUL:1020) was up 4.16% or 0.50 points to 12.53 in late trade.

The worst performers of the session were Red Sea Housing Services Company (TADAWUL:4230), which fell 5.32% or 1.52 points to trade at 27.06 at the close. Saudi vitrified clay pipes co. (TADAWUL:2360) declined 5.07% or 1.18 points to end at 22.10 and Consolidated Grunenfelder Saady Holding Co (TADAWUL:4147) was down 5.05% or 0.51 points to 9.59.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 279 to 64 and 12 ended unchanged.

Shares in Al Masane Al Kobra Mining Company CJSC (TADAWUL:1322) rose to all time highs; rising 6.47% or 7.10 to 116.80. Shares in Red Sea Housing Services Company (TADAWUL:4230) fell to 52-week lows; down 5.32% or 1.52 to 27.06.

Crude oil for March delivery was up 2.45% or 1.55 to $64.76 a barrel. Elsewhere in commodities trading, Brent oil for delivery in April rose 2.24% or 1.51 to hit $68.88 a barrel, while the April Gold Futures contract rose 4.21% or 224.69 to trade at $5,564.89 a troy ounce.

EUR/SAR was unchanged 0.01% to 4.48, while USD/SAR unchanged 0.00% to 3.75.

The US Dollar Index Futures was down 0.09% at 96.19.

Investing.com -- Venu Holding Corporation (NYSE:VENU) stock surged 22% on Thursday, partially recovering from Wednesday’s 40% plunge after the company announced it has terminated its previously proposed public offering.

The upscale live music venue developer and operator had planned to offer $75 million of common stock, as announced on January 27. However, the company decided to cancel the offering after management determined current market conditions were not favorable for terms that would benefit shareholders.

Thursday’s rebound comes after investors initially reacted negatively to the potential dilution from the proposed share offering. The termination means no new shares of Venu’s common stock will be sold pursuant to the offering.

The company, which develops and operates upscale live music venues and premium hospitality destinations, saw its stock partially recover from Wednesday’s significant losses as the market appeared to welcome the decision to avoid potential shareholder dilution.

Despite Thursday’s gains, Venu stock remains below its pre-announcement levels following the combined impact of the offering news and subsequent termination.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.