Amazon Soars 4% as AI Bets Trump Cash Flow Concerns
Technology Sarah Chen

Amazon Soars 4% as AI Bets Trump Cash Flow Concerns

Amazon shares surged 4% on Friday, adding $110 billion in market value as investors focused on AI-driven AWS growth, even as free cash flow turned negative.

AMZN MSFT AAPL META NVDA
Ondas Stock Slides 9.7% Despite Revenue Surge; EBITDA Loss Widens
Earnings James Calloway

Ondas Stock Slides 9.7% Despite Revenue Surge; EBITDA Loss Widens

Ondas shares dropped 9.7% despite a 13x revenue jump to $83.8M, as adjusted EBITDA loss widened to $50.6M and gross margin fell to 43.1%.

ONDS
Kailera Shares Slip 12.5%, Valuation Nears Cash Position
Markets Daniel Marsh

Kailera Shares Slip 12.5%, Valuation Nears Cash Position

Kailera shares dropped 12.5% to $16.21, leaving valuation barely above IPO price and close to cash per share. Pipeline catalysts in 2027.

XBI LLY NVO
BitMine Stock Slumps 7% as Ether Slide Widens Discount to Crypto Holdings
Crypto Sarah Chen

BitMine Stock Slumps 7% as Ether Slide Widens Discount to Crypto Holdings

BitMine shares dropped 7.1% on Friday, cutting market cap to $14.36 billion, while its reported crypto holdings stood at $14.9 billion. Ether's decline and Fed rate concerns triggered the selloff.

BMNR ORBS
PG&E Plunges 7.5% as California Wildfire Bill Fails, $3B Erased
Regulation James Calloway

PG&E Plunges 7.5% as California Wildfire Bill Fails, $3B Erased

PG&E shares tumbled 7.5% after California lawmakers rejected a bill to limit insurer claims, erasing $3 billion in market cap.

PCG EIX
Nvidia Tumbles 4.6% on Margin Guidance, Erasing $251B in Value
Earnings James Calloway

Nvidia Tumbles 4.6% on Margin Guidance, Erasing $251B in Value

Nvidia shares dropped 4.6% on Friday, wiping out $251 billion in market cap after Q3 margin guidance came in below expectations, overshadowing strong Q2 revenue growth.

NVDA
Boeing's 777-9 Certification Faces October Labor Test
Markets Daniel Marsh

Boeing's 777-9 Certification Faces October Labor Test

Boeing's 777-9 certification faces a critical October labor review; 620+ 777X orders depend on avoiding a strike.

BA
Nu Holdings Falls 3.9% Despite Record Profit as Delinquencies Rise
Earnings James Calloway

Nu Holdings Falls 3.9% Despite Record Profit as Delinquencies Rise

Nu Holdings shares fell 3.9% despite record Q2 profit and revenue growth, as bad loans rose to 6.9% and market sentiment weakened.

NU SOFI
Intel Stock Slides as $20B Share Sale Trades Below Offer Price
Markets Daniel Marsh

Intel Stock Slides as $20B Share Sale Trades Below Offer Price

Intel shares dropped 2.85% to $89.47, closing below the $95 offer price of its $20 billion share sale, as investors assess dilution and growth outlook.

INTC MRVL NVDA
Oil Prices Retreat as Gulf Supply Recovers Despite Iran's Hormuz Warning
Commodities Rebecca Torres

Oil Prices Retreat as Gulf Supply Recovers Despite Iran's Hormuz Warning

WTI and Brent posted their steepest weekly losses since early August as Persian Gulf exports recovered, overshadowing Iran's continued claims of restrictions at the Strait of Hormuz.

USO BP CVX XOM SHEL
Flutter's $270M EBITDA Goal Tied to FanDuel NFL Deal Extension
Markets Daniel Marsh

Flutter's $270M EBITDA Goal Tied to FanDuel NFL Deal Extension

FanDuel extends NFL sportsbook deal as Flutter invests $270M EBITDA to boost U.S. growth. Stock closes up 7.13%.

FLUT DKNG
DraftKings Surges 4% as Court Ruling Bolsters State Licensing Model
Regulation James Calloway

DraftKings Surges 4% as Court Ruling Bolsters State Licensing Model

DraftKings (DKNG) climbed 4.3% after a federal appeals court backed state licensing, reinforcing its regulatory edge. The stock closed at $25.26 with volume up 64%.

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