Latest News
Chewy Stock Dips Despite Strong Q2 as Cash Flow Concerns Weigh
Chewy shares slipped 1.2% in premarket trading despite a solid Q2, as investors weigh acquisition costs, rising debt, and lower free cash flow against strong Autoship growth.
Academy Sports Stock Surges 12.5% on Q2 Beat, But Margin Jump Is Mostly Tariff Refund
Academy Sports shares jumped 12.5% after Q2 profit beat and raised guidance, but the 440-bp margin expansion is largely a one-time tariff refund. Comps slipped 0.4%.
Chime Stock Surges 10% on $590M Stride Bank Buyout
Chime Financial shares jumped 10% after agreeing to buy Stride Bank for $590M cash and lifting its 2026 outlook, signaling investor optimism despite new regulatory and credit risks.
IREN Dips 1.9% as ERCOT Milestone Remains Conditional
IREN stock slipped 1.9% premarket after ERCOT conditionally included its Sweetwater projects in Batch Zero. The milestone is promising but not final approval.
Netflix Stock Flat at $76.78 as Lincoln Lawyer Spinoff Remains in Development
Netflix shares were unchanged as the possible Lincoln Lawyer spinoff remains in script development, with no series order yet. Investors watch for engagement signals.
Robinhood Gains on Crypto.com Deal; Event Contracts Drive Growth
Robinhood stock edged up 1.1% after partnering with Crypto.com's OG.com and taking equity stakes. Event-contract revenue hit $156M in Q2, but key deal terms remain undisclosed.
Gasoline Prices Surge 7.3 Cents as Brent Crosses $100
AAA's national average for regular gasoline rose 7.31 cents to $4.2245 a gallon, as Brent crude climbed back above $100. The jump adds pressure on consumers and the Fed ahead of its rate decision.
SUNation Soars 33% on Suniva's $835M Solar Funding Deal
SUNation Energy (SUNE) surged 33% premarket after Suniva announced $835M in financing for a new solar cell plant. However, SUNE holders will own only 1.8% of the merged entity.
Mission Produce Rallies on Revenue Beat, Synergy Lift
Mission Produce shares surged 8% on a revenue beat and higher Calavo synergy target, but margin concerns persist as debt climbs.
Mobix Labs Surges 36.6% on F-16 Order, But Deal Value Remains a Mystery
Mobix Labs stock soared 36.6% on its first F-16 component order, but the company didn't reveal the deal's value, leaving investors to speculate on its financial significance.
Fortum Surges 13.6% on Google PPA; RONA Lift of 1.4 Points Seen
Fortum's stock soared 13.6% on a 22-year Google PPA, which could lift RONA by 1.4 points. Investors weigh long-term benefits against near-term execution risks.
