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Cybersecurity Stocks Surge as AI Safety Concerns Mount
Markets Daniel Marsh

Cybersecurity Stocks Surge as AI Safety Concerns Mount

SentinelOne led a 14% cybersecurity rally as investors bet on AI safety concerns. The stock's surge reflects hopes for increased security spending, but GAAP losses remain a concern.

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BAC Slides 5% as Moynihan Tempers Q3 Trading, IB Outlook
Markets Daniel Marsh

BAC Slides 5% as Moynihan Tempers Q3 Trading, IB Outlook

Bank of America shares dropped over 5% after CEO Brian Moynihan guided Q3 trading revenue roughly flat and investment banking fees below analyst expectations.

BAC
Elmet Stock Surges as Pentagon Backs Tungsten Supply with $450M Investment
Markets Daniel Marsh

Elmet Stock Surges as Pentagon Backs Tungsten Supply with $450M Investment

Elmet Group shares soared 31.7% after a $450M investment and $2B DLA contract, but only $150M is guaranteed funding.

Nasdaq Trims Losses as Yields Retreat From 5% Mark
Markets Daniel Marsh

Nasdaq Trims Losses as Yields Retreat From 5% Mark

The Nasdaq Composite recovered from morning lows as the 10-year Treasury yield backed away from the 5% level, easing pressure on tech stocks. Oil prices also retreated, but remain above $100.

QQQ SPY DIA USO GLD
Teva's Direct NYSE Listing Lifts Shares 4%
Markets Daniel Marsh

Teva's Direct NYSE Listing Lifts Shares 4%

Teva Pharmaceutical began trading ordinary shares on the NYSE, replacing ADSs one-for-one. Shares rose 4.3% to $38.67.

UiPath Stock Climbs 8% on Gartner Leader Nod; ARR Growth Steady at 12%
Markets Daniel Marsh

UiPath Stock Climbs 8% on Gartner Leader Nod; ARR Growth Steady at 12%

UiPath (PATH) surged 8% after Gartner again named it a Leader in Intelligent Document Processing, adding $582M in market value. ARR growth stays at 12%, leaving investors to weigh the news's impact.

PATH
Nokia Shares Plunge 12% in Sudden Selloff, Erasing Billions
Markets Daniel Marsh

Nokia Shares Plunge 12% in Sudden Selloff, Erasing Billions

Nokia's ADR plunged 12% on Monday, erasing $7.4 billion in market cap, despite no company announcements, amid a broader AI stock selloff.

NVDA INTC SMCI ORCL
UK Considers In-House Civil Service Pensions as Capita Misses Fix Deadline
Markets Daniel Marsh

UK Considers In-House Civil Service Pensions as Capita Misses Fix Deadline

The UK government is preparing to bring civil service pensions in-house after Capita failed to fix service by June, threatening its £239m contract.

EWU
Live Nation Faces Key Test as Harry Styles Tour Sales Begin
Markets Daniel Marsh

Live Nation Faces Key Test as Harry Styles Tour Sales Begin

Ticketmaster processes Harry Styles' tour sales this week, testing Live Nation's platform and demand amid antitrust verdict and record Q2 volume.

LYV
Barclays, HSBC Raise S&P 500 Targets on Strong Earnings
Markets Daniel Marsh

Barclays, HSBC Raise S&P 500 Targets on Strong Earnings

Barclays and HSBC have raised their 2026 S&P 500 targets to 7,950 and 8,100, respectively, citing strong earnings momentum and AI-driven tech profits.

SPY HSBC
10-Year Treasury Yield Touches 5% Before Retreating
Markets Daniel Marsh

10-Year Treasury Yield Touches 5% Before Retreating

The 10-year Treasury yield hit 5% intraday for the first time since 2023, then eased back, with oil supply disruptions and the upcoming Fed decision in focus.

NVDA INTU ADSK ADBE SPY QQQ USO GLD
Oracle's Ellison Halts Share Sale Plan, Yet Stock Slides 4.6%
Markets Daniel Marsh

Oracle's Ellison Halts Share Sale Plan, Yet Stock Slides 4.6%

Larry Ellison canceled a 50 million-share sale plan, yet Oracle stock dropped 4.6% as investors focus on heavy AI spending and capital needs.

ORCL