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Corvex (MOVE) Stock News

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Welcome to our dedicated page for Corvex news (Ticker: MOVE), a resource for investors and traders seeking the latest updates and insights on Corvex stock.

Corvex, Inc. reports developments in AI cloud computing and GPU-accelerated infrastructure for artificial intelligence workloads. Company news has centered on secure compute clusters, high-throughput storage, managed Kubernetes architecture, confidential computing for data in use, and Secure Model Weights for protected AI inference on third-party GPU infrastructure.

Updates also cover customer deployments, long-term GPU infrastructure arrangements, earnings calls, operating and financial results, and capital-structure actions. Corvex became the public company operating under MOVE after the completed combination with Corvex Legacy Holdings and the name change from Movano Inc. in March 2026.

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Corvex (Nasdaq: MOVE) will host its first quarter 2026 earnings conference call on Tuesday, May 19, 2026 at 4:30 p.m. ET / 1:30 p.m. PT. Management will review Q1 2026 results and provide a business update via live audio webcast.

The live and replay webcasts will be available on the Corvex investor relations website at investors.corvex.ai.

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Corvex (Nasdaq:MOVE) announced additional details for a special 35.8% stock dividend for holders of record at the close of business on March 30, 2026. The distribution date is April 6, 2026. No action or payment is required by eligible stockholders.

Shares will be credited automatically to brokerage accounts or delivered through DTC. No fractional shares will be issued; any fractional entitlements will be paid in cash. The Stock Dividend is payable under the Amended and Restated Agreement and Plan of Merger dated March 19, 2026.

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Corvex (NASDAQ: MOVE) completed an all‑stock merger with Movano and will trade as Corvex, Inc. effective March 23, 2026. The combined company named Jay Crystal and Seth Demsey as Co‑CEOs and Co‑Founders, subject to stockholder approval at a May 2026 meeting.

Corvex and Movano raised $40.2 million before the merger. The company declared a stock dividend of 0.358 share per share, record date March 30, 2026 and distribution April 6, 2026.

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Corvex (Nasdaq: MOVE) completed an all-stock merger with Movano and will be renamed Corvex, Inc. effective March 23, 2026. The combined company retains the ticker MOVE. Prior to the merger, Corvex and Movano raised $40.2 million to expand AI infrastructure. The merger agreement also includes a stock dividend of 0.358 share per outstanding Movano share, record date March 30, 2026 and distribution on April 6, 2026. Leadership will be led by Jay Crystal and Seth Demsey as co-CEOs and directors, subject to stockholder approval at the May 2026 meeting.

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Corvex (MOVE) launched Corvex Secure Model Weights, a patent-pending solution available early on March 12, 2026, that keeps AI model weights encrypted until they are decrypted inside GPU trusted execution environments. The design uses NVIDIA Confidential Computing, Intel TDX, post-quantum Kyber-768 key exchange, and open-source Confidential Containers for auditable, owner-controlled key custody.

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Corvex (NASDAQ:MOVE) announced completion and verification of a production deployment of confidential computing on NVIDIA HGX B200 systems on March 3, 2026. The deployment validates encrypted GPU-to-GPU communications across NVIDIA NVSwitch and NVLink and includes CPU and GPU remote attestation via Intel Trust Authority.

This establishes confidential computing as a production-ready infrastructure primitive for AI workloads, delivering near-native performance while providing runtime cryptographic proof of platform integrity to support regulated, multi-tenant, and sovereign AI deployments.

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Corvex (NYSE:MOVE) announced completion and verification of a production deployment of confidential computing on NVIDIA HGX B200 systems on March 3, 2026. The deployment validates encrypted GPU-to-GPU communication across NVIDIA NVSwitch and NVLink using Intel Trust Domain Extensions and NVIDIA Confidential Computing, with CPU and GPU remote attestation via Intel Trust Authority.

This establishes confidential computing as an operational, production-ready infrastructure primitive for AI workloads, claiming near-native performance while protecting data and models in use to support regulated, multi-tenant, and sovereign AI deployments.

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Corvex (NYSE:MOVE) announced a long-term lease to deploy a dedicated cluster of NVIDIA H200 GPUs for an AI-driven high-performance battery technologies provider on January 22, 2026. Corvex will supply hyperscaler-class, fully managed GPU infrastructure and a Kubernetes service designed to maximize compute density, reduce idle capacity, and allow burst scaling for peak training and inference workloads. The solution includes a secure on-premise option with hardware-enforced encryption, remote attestation, and payload-free telemetry to support sensitive model training, data-sovereignty, and enterprise compliance.

This deployment aims to enable the customer to expand into security-conscious enterprise markets while lowering infrastructure operating burden and cost relative to public hyperscalers.

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Movano (NASDAQ: MOVE) and Corvex announced an all-stock merger effective Nov 10, 2025 that will bring Corvex public via combination into a pure-play AI infrastructure platform.

Key terms: merger exchange ratio tied to a $6.25 per Movano share, Corvex and Movano raised an aggregate $40.0 million in concurrent private placements, and Corvex shareholders will receive 46.6 million shares of Movano.

Movano Health will resume marketing its medical device operations including the FDA-cleared EvieMED Ring and proprietary mmWave RF technology.

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Movano Health (NASDAQ: MOVE) will implement a 1-for-10 reverse stock split effective 12:01 a.m. Eastern on October 10, 2025. Shares are expected to trade on a split-adjusted basis when markets open on October 10, 2025, and the company will continue to trade under the symbol MOVE. The new CUSIP will be 62459M305. Outstanding shares will be reduced from approximately 8.3 million to approximately 0.8 million. The Reverse Stock Split is intended to increase the bid price to regain compliance with Nasdaq minimum bid price rules. Fractional shares will be paid in cash; equity awards will receive proportionate adjustments.

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FAQ

What is the current stock price of Corvex (MOVE)?

The current stock price of Corvex (MOVE) is $20.92 as of May 14, 2026.

What is the market cap of Corvex (MOVE)?

The market cap of Corvex (MOVE) is approximately 1.3B.