This week, several stocks caught investors’ attention, driven by significant developments and market momentum. Here’s the breakdown of this week’s trending stocks:
Sezzle ($SEZL) Authorizes $100M Share Buyback
Sezzle ($SEZL), a buy now, pay later payments company that lets shoppers split purchases into interest-free installments, said its board approved a new $100 million stock repurchase program after completing a previous $50 million buyback.
The company said it has now repurchased 2.9 million shares across its buyback programs at an average price of $24.03 per share. Management said the decision reflects confidence in Sezzle’s financial position and long-term outlook, and that it sees the current market environment as an attractive opportunity to return capital to shareholders.
Sezzle’s CEO Charlie Youakim said the new authorization builds on earlier buyback programs and reinforces the company’s disciplined approach to capital allocation.
Stock Price Reaction
SEZL shares jumped about 10% on the announcement. The move comes after a difficult period for the stock, which has fallen sharply from its highs earlier this year around $186, making the buyback announcement stand out as a strong show of confidence from management.
NVIDIA ($NVDA) Acquires Slurm Developer SchedMD
NVIDIA ($NVDA) said it has acquired SchedMD, the company behind Slurm, one of the most widely used open-source workload management systems for high-performance computing (HPC) and AI.
Slurm is a critical piece of infrastructure that helps large computing clusters decide which jobs run, when they run, and on which resources. It’s used by more than half of the world’s top supercomputers and is deeply embedded in AI training and inference workflows. NVIDIA said it will continue to develop and distribute Slurm as open-source, vendor-neutral software, ensuring it remains broadly available across different hardware and software environments.
According to NVIDIA, the acquisition strengthens the open-source ecosystem around AI and supercomputing, while allowing closer integration between Slurm and NVIDIA’s accelerated computing platforms. The company has worked with SchedMD for over a decade and plans to keep supporting Slurm users across research labs, cloud providers, enterprises, and government organizations.
Stock Price Reaction
NVDA shares did not show a meaningful reaction to this announcement.
Canadian Solar ($CSIQ) Wins 408 MWh Battery Project in Australia
Canadian Solar, a global solar and energy storage company that manufactures solar panels and builds large-scale battery systems, announced a new battery energy storage project in South Australia through its e-STORAGE unit.
According to the company, e-STORAGE will deliver a 204 MW / 408 MWh battery energy storage system for Vena Energy’s Tailem Bend 3 project. The system will use nearly 100 battery containers and is expected to begin operations in 2027. Canadian Solar said it will also provide long-term maintenance for the project under an initial five-year service agreement.
The company said the project will help improve grid stability in South Australia and support the region’s growing use of renewable energy. Canadian Solar added that this is its fourth battery storage project in Australia, bringing its total footprint in the country to around 2 GWh, including projects already delivered and currently under construction.
According to Canadian Solar, the deal adds to its growing global battery storage backlog and reflects rising demand for large-scale energy storage as countries expand solar and wind power.
Stock Price Reaction
CSIQ shares jumped about 8% on the announcement.
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