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Latest stock market news and real-time market analysis. Track S&P 500, Nasdaq, and Dow Jones movements, sector rotations, and breaking market events.

Wall Street Ends Mixed as AI Chip Sell-Off Outweighs Broader Gains
Markets Daniel Marsh

Wall Street Ends Mixed as AI Chip Sell-Off Outweighs Broader Gains

U.S. stocks closed mixed on Wednesday, with the S&P 500 slipping 0.22% as a sell-off in AI chip stocks dragged on the broader market, even as a majority of stocks advanced.

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Transocean Stock Dips 0.5% Despite $1 Billion Equinor Deal
Markets Daniel Marsh

Transocean Stock Dips 0.5% Despite $1 Billion Equinor Deal

Transocean shares edged down 0.5% after securing a $1 billion contract with Equinor, though the base dayrate of $399,000 was below recent averages.

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Bradesco Preferred Shares Edge Up Ahead of R$3.5 Billion Payout
Markets Daniel Marsh

Bradesco Preferred Shares Edge Up Ahead of R$3.5 Billion Payout

Bradesco preferred shares edge up ahead of a R$3.5 billion interest-on-equity payout. Record date is July 3, ex-rights July 6.

Fox taps Tubi comms lead for digital strategy as Roku deal value shifts
Markets Daniel Marsh

Fox taps Tubi comms lead for digital strategy as Roku deal value shifts

Fox Corp (FOXA) has appointed Seana Sullivan, former Tubi communications head, as SVP of corporate communications to lead messaging for its digital businesses, including the planned Roku (ROKU) acquisition.

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Plug Power Slides as Asset Sale Raises Liquidity Concerns
Markets Daniel Marsh

Plug Power Slides as Asset Sale Raises Liquidity Concerns

Plug Power (NASDAQ:PLUG) dropped 2.2% to $2.65, with focus on a $142 million asset sale that represents a significant portion of its cash reserves.

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Nokia Shares Dip as FMR's Voting Stake Slips Below 5% Threshold
Markets Daniel Marsh

Nokia Shares Dip as FMR's Voting Stake Slips Below 5% Threshold

Nokia shares edged lower after FMR LLC's voting rights fell to 4.92%, slipping below Finland's 5% disclosure threshold, though its economic stake stayed at 5.20%.

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Reddit Surges 14% on Short Interest Spike and Ad Revenue Growth
Markets Daniel Marsh

Reddit Surges 14% on Short Interest Spike and Ad Revenue Growth

Reddit shares surged 14% Wednesday as short interest climbed and the company's ad revenue growth continues to improve.

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Walmart Slumps 4% on Weak Sales Data, $38B Market Cap Erased
Markets Daniel Marsh

Walmart Slumps 4% on Weak Sales Data, $38B Market Cap Erased

Walmart shares tumbled 4.2% after Cleveland Research reported weaker U.S. comparable sales trends, erasing $38 billion in equity value. The selloff was stock-specific, with other retailers trading flat or higher.

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Nu Holdings stock gains on heavy volume, nearing buyback limit
Markets Daniel Marsh

Nu Holdings stock gains on heavy volume, nearing buyback limit

Nu Holdings shares rose 1.16% on heavy volume, with dollar turnover hitting 64% of its $1 billion buyback authorization, outperforming the Brazil ETF.

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Constellation Energy Drops 5.8% as Share Overhang Looms Despite PJM Heat Wave
Markets Daniel Marsh

Constellation Energy Drops 5.8% as Share Overhang Looms Despite PJM Heat Wave

Constellation Energy shares slid 5.8% Wednesday, pressured by a looming share overhang despite PJM preparing for record power demand amid a heat wave.

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Micron Plunges 9.8% Despite GM Deal; Memory Stocks Under Pressure
Markets Daniel Marsh

Micron Plunges 9.8% Despite GM Deal; Memory Stocks Under Pressure

Micron shares dropped 9.8% despite a long-term supply agreement with GM, wiping out about $130 billion in market value. The selloff hit memory and storage stocks broadly.

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UiPath Surges 8% on Heavy Volume Amid High Short Interest
Markets Daniel Marsh

UiPath Surges 8% on Heavy Volume Amid High Short Interest

UiPath (PATH) shares surged 8% on heavy volume, with short interest at 32% of float. The rally outpaced software ETFs, driven by buybacks and short-covering dynamics.

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