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Nvidia's Margin Guidance Spurs 4.6% Selloff, Erasing $253B
Nvidia shares fell 4.6% on Friday as margin guidance eased, wiping out $253 billion in market value despite a record $108 billion revenue forecast.
PG&E Stock Tumbles 7.5% as California Lawmakers Reject Wildfire Liability Shield
PG&E shares plunged 7.5% after California lawmakers rejected wildfire liability protections, wiping out $3 billion in market value.
Amazon Surges 4% on AWS's 2 Million GPU Expansion Plan
Amazon shares jumped 4% after AWS announced plans to deploy 2 million additional Nvidia GPUs, signaling massive AI infrastructure expansion.
Ondas Shares Slide 9.6% on Resale Filing After Acquisition Rally
Ondas (ONDS) shares dropped 9.6% after a filing revealed plans to resell up to 6.07 million shares, tempering its recent acquisition rally.
Xtant Medical Jumps 16% on BioHorizons Dental Distribution Pact
Xtant Medical shares soared 16% after BioHorizons secured exclusive rights to distribute its Prolifica dental product line, expanding market access.
DraftKings Surges 4.2% on NFL Renewal, Fanatics Joins Roster
DraftKings shares climbed 4.2% as the NFL renewed its sportsbook pact, adding Fanatics. Q2 handle rose 15% but revenue fell 4.6%.
Fangdd Stock Surges 52% as Cost Cuts Offset Revenue Slide
Fangdd (DUO) shares soared 52% after the Chinese property-tech firm cut costs to narrow losses, even as revenue dropped 43% amid a property slump.
Netcapital Soars 31% Despite New Nasdaq Compliance Deadline
Netcapital (NCPL) surged 31% despite a new Nasdaq compliance deadline for its delayed 10-K filing. Preliminary revenue fell 47% to $460,883, with a net loss of $9.23 million.
Wellchange Stock Soars 33% Despite 85% Discounted Share Sale
Wellchange shares surged 33% despite pricing a 50 million-share offering at an 85% discount, raising $7.5 million. The deal highlights investor speculation amid heavy dilution.
Cyabra Stock Soars 48.6% on Gaming Deal, Adding $2.1M to Market Cap
Cyabra (CYAB) shares surged 48.6% after a gaming client signed a six-figure annual managed-services deal, adding $2.1 million to market value. Q2 revenue rose 39% but losses persist.
Bath & Body Works Stock Gains 3.6% as Tariff Refund Offsets Sales Slump
Bath & Body Works (BBWI) shares climbed 3.6% after an $80 million tariff refund helped offset weaker sales. Core earnings beat expectations, but Q3 guidance fell short.
Gold Miners Tumble 4.6% as Warsh's Hawkish Stance Jolts August Rally
Gold miners dropped 4.6% after Fed Chair Warsh signaled more rate hikes, erasing part of August's 23.8% surge. Junior miners fell 5.14%, while Newmont's margin cushions losses.