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.
Intel Stock Edges Up in Premarket, Still Below $95 Offering Price
Intel shares gained 0.3% in premarket trading, but remain 5.5% below the $95 offering price. The company's $19.7B capital raise and Q2 revenue growth of 25% are key factors.
PG&E Tumbles 15% as California Wildfire Bill Omits Liability Shield
PG&E shares fell 15% premarket after California advanced wildfire legislation without a liability shield, pushing its P/E to 8.6x. Mizuho downgraded the stock.
Solstice Surges on $500M Buyback, Merger Scrapped
Solstice shares soared 12.8% after canceling its $14.5B merger and announcing a $500M buyback, with strong Q2 results and raised guidance.
IREN Stock Tumbles 12.5% as AI Push Strains Financing
IREN shares dropped 12.5% as the company's $4 billion AI expansion faces a $6.4 billion financing challenge, despite AI Cloud revenue surpassing bitcoin mining for the first time.
SpaceX Gains 0.5% as Capex Hits $18.4B, Valuation Reaches $1.86T
SpaceX shares edged up 0.45% to $141.50, boosting market cap to $1.86 trillion, as Q2 capex hit $18.4 billion and revenue soared 92%.
Intel Shares Slide 2.9% as AI Growth Fails to Offset Offering Dilution
Intel shares dropped 2.85% to $89.47, erasing $13.9B in market cap, as the stock closed below its $95 offering price. Q2 revenue jumped 25% on strong AI demand, but analysts maintain a Hold rating.
PG&E Plummets 7.5% as Wildfire Liability Reform Fails
PG&E (PCG) shares dropped 7.5% after California lawmakers rejected wildfire liability reform, wiping out $3 billion in market value.
Transocean Stock Rises as Cash Flow Gains Amid Heavy Debt Load
Transocean shares gained 1.05% to $5.80 on Friday, buoyed by stronger Q2 cash flow, though a $5.1 billion debt burden and merger risks remain.
NuScale Power Tumbles 4.6% as $4B Valuation Clashes with $75K Quarterly Revenue
NuScale Power (SMR) dropped 4.6% as investors weigh a $4B valuation against $75,000 quarterly revenue. The stock trades at $9.29 with a Hold rating.
Bank of America Stock Rises on Rate Optimism, NII Hits $16B
Bank of America shares gained 1.9% on Friday, driven by expectations of higher interest rates, as quarterly net interest income reached $16 billion.
Moderna Slides 3.4% as $55B Valuation Faces Cancer Vaccine Commercial Test
Moderna (MRNA) dropped 3.4% Friday, but the stock is still up 130% on melanoma vaccine hopes. Analysts see $1B in sales by 2030, yet commercial hurdles and trial setbacks persist.