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.
Nu Holdings Buyback Impact Limited by Heavy Trading Volume
Nu Holdings' $1 billion buyback is viewed as modest against $2.8 billion in shares traded during a shortened holiday week, with analysts noting limited impact on credit and margin issues.
Keel Infrastructure Stock Plunge Brings Convertible Note Terms Into Focus
Keel Infrastructure shares dropped 14.68% to $4.59, erasing $477M in market cap, more than the $445.4M net from June convertible notes. The stock remains below the $7.41 conversion price.
SpaceX Short Interest Surges Ahead of Nasdaq-100 Inclusion
SpaceX (SPCX) faces a record short interest of 31% of free float as it prepares for Nasdaq-100 inclusion, which could trigger $4.3 billion in passive buying.
Pembina Stock Rises on Greenlight Power Project Deal
Pembina Pipeline shares rose 1.6% after committing C$2.1 billion to the Greenlight power project, targeting a 14.8% EBITDA margin, amid ongoing uncertainty over its West Coast pipeline investment.
Micron Loses $202B in Market Cap as AI Chip Selloff Intensifies
Micron Technology lost $202 billion in market cap over two sessions as chip stocks tumbled. The selloff, driven by AI demand worries and a short bet from Michael Burry, wiped out 15.5% of MU's value.
TELUS Yield Surges Past 11% Amid Dividend Focus and CEO Transition
TELUS shares dropped 3.6% to C$14.46, boosting its annualized yield to 11.6%. The stock's slide comes as Victor Dodig assumes the CEO role, with investors focused on dividend stability.
UiPath Stock Surges 11% on Short Squeeze, Buyback Activity
UiPath shares rose 11.2% in a holiday-shortened week, fueled by heavy short interest and a $500M buyback program, though Q2 ARR guidance points to a slowdown.