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.
Lucid Stock Surges 15.6%, Adding $312M in Market Cap After $158M Cost-Cutting Plan
Lucid shares surged 15.6% on Friday, adding $312 million in market value, nearly double the $158 million in annualized savings from this week's restructuring plan.
Moderna Shares Surge on CAR-T Pipeline Plans, Outperform Sector
Moderna shares surged 12.6% after announcing new in vivo CAR-T pipeline plans, closing at $67.27, 52% above the mean analyst target but 14.5% below Piper Sandler's new $77 target.
Eli Lilly surges $76B on Jaypirca EU backing, Medicare obesity coverage
Eli Lilly stock soared 7.13% to $1,208.12, gaining $75.7B in market value on EU support for Jaypirca and anticipation of Medicare obesity drug access.
Exemplar Luxury Group Exits Bankruptcy with 49 Stores, $9B Target
Exemplar Luxury Group, the renamed Saks Global, exits bankruptcy with 49 stores, a $9 billion sales target, and $500 million in exit financing.
Crypto Sell-Off Deepens as AI Stocks Lure Investors; Gold Miner i-80 Reports Progress
Cryptocurrencies dropped nearly 9% as AI stocks gained favor. i-80 Gold released drill results, NSE plans a major IPO, Vizsla Silver advances its mine strategy, and US-Iran tensions keep oil steady.
Tech Selloff Deepens as Chip Index Plunges 5.3%; Jobs Data in Focus
The PHLX chip index fell 5.3% Friday and 7.9% for the week, overshadowing broader market gains. Tech funds lost nearly $20 billion as rising memory costs hit Apple and others. June payrolls data is due Thursday.
Joby Aviation Stock Slides on Russell Rebalance Volume Surge
Joby Aviation stock dropped 0.45% to $8.83 as nearly 40% of the public float changed hands over five sessions into the Russell index rebalance, with volume surging 184% above average.
FuboTV Rockets 22.5% as Short Squeeze Fears Grips Traders
FuboTV (FUBO) surged 22.5% Friday on double average volume, with short interest at 24.8% of float, intensifying short squeeze pressure despite stock being 82.5% below its 52-week high.
Volato Shares Surge After Catheter Precision Reveals 7.5% Stake in Filing
Volato Group shares surged 40.74% after hours following a 13G filing revealing Catheter Precision now owns a 7.5% stake, acquired through a recent $2.21 million private placement.
Coeur Mining's Index Debut Sees Heavy Volume, Stock Underperforms
Coeur Mining closed at $16.02 after joining the S&P MidCap 400, with volume surging 590% above average and the stock falling 8.3% in its first week.
Opendoor Trading Volume Surges Past Short Interest Following Russell 3000 Addition
Opendoor Technologies' trading volume surpassed short interest after its Russell 3000 addition, with $749 million in shares traded amid index rebalancing. Shares rose 1.6% to $4.37.