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Core AI Stock Soars 56% on Ad Rebound, But Losses Widen
Core AI (CHAI) jumps 56% after Q2 revenue rises 56% to $22.35M, but net loss widens. Cash flow turns positive, yet market cap stays under $11M.
Pasqal Soars 55% in Nasdaq Debut After $2B Quantum Merger
Pasqal shares jumped 54.7% to $15.14 on Nasdaq debut after $2B merger, while rivals IonQ, Rigetti, D-Wave, and Quantum Computing declined.
Investors Pull $22.3B from U.S. Equity Funds in Largest Outflow Since March
U.S. equity funds posted $22.33B in outflows, the largest since March, as large-cap withdrawals dwarfed small-cap inflows. Bond funds saw $7.12B inflows.
Tokyo's Record Yen Intervention Fades as USD/JPY Retraces 61%
Japan's record ¥15.4 trillion yen intervention has lost 61% of its initial impact, with USD/JPY back near 160.06. Markets now eye the BOJ's September meeting.
Callaway Gains After Cutting Ties with Good Good, Commits $1M
Callaway shares climbed 2.5% after terminating its Good Good Golf partnership and pledging $1 million to anti-violence groups, a move analysts see as a brand-risk reset.
Novavax Dips Slightly After Nuvaxovid Gains Approval in US, EU, Japan
Novavax shares slipped 0.6% to $9.00 after regulatory approvals for its updated vaccine in the US, EU, and Japan. The company now relies on partners like Sanofi for commercialization, with royalties expected but not yet in guidance.
Synopsys Stock Retreats 3.4% as Investors Digest Ansys Integration Costs
Synopsys shares dropped 3.4% Friday, wiping out $3.1 billion in market cap, as investors weighed record Q3 revenue and Ansys integration costs.
FingerMotion Soars 262% on AI Data-Center Plan
FingerMotion shares jumped 261.7% to $0.6272 after unveiling a modular AI data-center plan with BlueFlare Energy Solutions, targeting Western Canada. The stock surged on heavy volume, but no definitive agreements are in place.
Sibanye-Stillwater Soars 216% on H1 Profit Surge
Sibanye-Stillwater ADRs climbed 1.6% after the miner forecast a 216% jump in first-half headline earnings per share, driven by surging gold and platinum-group-metal prices.
N-able Surges 9% on $95M Buyback Boost
N-able (NABL) shares jumped 9% after increasing its share repurchase authorization to $95 million, equal to 11.7% of its market value.