Markets News
Latest stock market news and real-time market analysis. Track S&P 500, Nasdaq, and Dow Jones movements, sector rotations, and breaking market events.
Tech Rally Lifts Wall Street; Chip Stocks Surge on Apple-Intel Deal
U.S. stocks rose Thursday, powered by a semiconductor rally after Trump announced an Apple-Intel chip partnership. The Nasdaq climbed 1.48% as oil prices dropped, easing inflation concerns. Markets are closed Friday for Juneteenth.
CervoMed Shares Surge on Patent News, Then Retreat After $10M Stock Offering
CervoMed shares surged to $7.75 after a U.S. patent allowance for neflamapimod in pure DLB, but gave back most gains after announcing a $10 million stock offering at $4 per share. The stock last traded at $4.14, up 8.7%.
Mortgage rates dip on Iran deal, but Fed stance limits relief
U.S. mortgage rates edged lower on the Iran deal but the Fed's cautious stance limits further drops, offering homebuyers only modest savings.
Grab stock rises 2.6% as buyback, margins offset revenue concerns
Grab shares climbed 2.6% to $3.54 on Q1 profit gains and a $500 million buyback, even as a below-forecast 2026 revenue outlook weighed. Volume exceeded 35 million shares.
STRC Preferred Shares Slide, Threatening Strategy's Bitcoin Funding Model
Strategy's STRC preferred shares dropped to $82.61, threatening its ability to cheaply raise cash for bitcoin and raising risks of higher dividends or dilution.
Salesforce Shares Slide Despite Record Revenue as AI Monetization Concerns Persist
Salesforce shares dropped 1.8% to $152.21, even after record revenue and strong AI sales, as investors worry that new AI agents could undermine its core subscription model and pressure margins.
CDT Equity Soars 101% on Sarborg Stake Valuation of $127.5M
CDT Equity shares surged 101% after a private investment in Sarborg Limited implied a $127.5 million value for CDT's stake, dwarfing its $6.5 million market cap. Risks remain from a new convertible loan and a Nasdaq filing-compliance deadline.
Hyperscale Data Surges on AI Data Center and Bitcoin Prospects
Hyperscale Data shares climbed 8.4% to 43.12 cents on heavy volume, driven by its AI data-center push and Bitcoin holdings. A potential Michigan agreement for 20 MW of AI compute capacity remains under negotiation.
FreeCast Surges on Starlink Reseller Deal Amid Cash Concerns
FreeCast shares soared after announcing a Starlink Business reseller deal, but the company's latest filing showed minimal cash and a going-concern warning.