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.
AT&T's Buyback Efficiency Improves as Stock Dips Below H1 Average Cost
AT&T's stock dip below the first-half average buyback price of $25.49 enhances repurchase efficiency, with $5.57B remaining in the program.
Nu Holdings Shifts Focus to Deposits Ahead of Mexico Bank Launch
Nu Holdings (NYSE:NU) is set to launch banking services in Mexico on August 6, emphasizing deposit growth over customer acquisition.
Daily Mortgage Rate Nears 7% as Spread Widens, Squeezing Homebuyers
The daily 30-year fixed mortgage rate climbed to 6.85%, just 15 basis points from 7%, widening the gap with Freddie Mac's weekly 6.58% and signaling higher borrowing costs for homebuyers.
Market Steadies as Oil Dips Below $100; Yen Slides Sharply
U.S. futures steadied amid easing U.S.-Iran tensions, sending oil below $100. The yen slumped to 40-year lows, UK retail sales surged, and Nestle urged clearer food labels.
IREN Shares Rally 20.7% as AI Contracts Secure 85% of $4B ARR Target
IREN Limited (NASDAQ:IREN) shares surged 20.7% as AI contracts cover 85% of its $4B ARR target, with 45% of GPU costs prepaid. Focus shifts to delivery of 480 MW capacity.
Micron Surges as AI Spending Highlights Memory Supply Constraints
Micron Technology (NASDAQ: MU) gained 3.2% on Thursday as the Nasdaq fell 2.15%, with investors favoring memory suppliers amid Alphabet's $15B capex increase and Tesla's demand comments.
Amkor Technology Surges 13% After Landing $1.5B Nvidia Packaging Deal
Amkor Technology shares rose 13.3% in after-hours trading after securing a $1.5 billion packaging contract with Nvidia, which includes an advance payment to expand U.S. capacity.
PG&E Stock Drops 3% Despite Earnings Beat as Data Center Growth Remains Nascent
PG&E (NYSE:PCG) shares slid 3.1% to $17.54 despite core EPS beating estimates by 11%, as its data center pipeline surged to 12.71 GW but only 5% has reached agreements or construction.
SSI Payment Shift May Boost Walmart's Q2 Sales
The August 2026 SSI payment moves to July 31, aligning with Walmart's fiscal quarter end and potentially boosting Q2 sales. Dollar General and Dollar Tree see no timing change.