Oil Shock Hits Dow, Broad ETFs Steady
Markets Daniel Marsh

Oil Shock Hits Dow, Broad ETFs Steady

Broad ETFs held steady as an oil shock dragged the Dow down 374 points. Energy stocks rallied, but rate-sensitive sectors fell, with August closing higher overall.

SPY QQQ DIA XLE XOM CVX EIX PCG IWM
Snap's Cash Flow Yield Draws Scrutiny Amid Buyback and Monetization Concerns
Earnings James Calloway

Snap's Cash Flow Yield Draws Scrutiny Amid Buyback and Monetization Concerns

Snap (SNAP) shares rose 2.2% as its 7.5% cash-flow yield is tested by buyback sustainability and monetization gaps. Q2 revenue grew 19% but concerns remain.

SNAP
NIO Hits 52-Week Low as Earnings Loom, Options Signal Big Move
Earnings James Calloway

NIO Hits 52-Week Low as Earnings Loom, Options Signal Big Move

NIO shares dropped to a 52-week low ahead of earnings. Options imply an 8.76% move. Q2 deliveries missed guidance, putting margins in focus.

NIO
Nvidia Buyback Lifts Shares 1.5% as AI Demand Drives Record Revenue
Technology Sarah Chen

Nvidia Buyback Lifts Shares 1.5% as AI Demand Drives Record Revenue

Nvidia (NVDA) shares gained 1.5% after a $20B buyback, with Q2 revenue soaring 106% to $96.22B. Data Center growth of 117% highlights AI's momentum.

NVDA
Bank of America's $17B Buyback Potential Amid High Valuation
Earnings James Calloway

Bank of America's $17B Buyback Potential Amid High Valuation

Bank of America's strong Q2 earnings and $17B buyback capacity are offset by a rich 2.1x tangible book valuation. Analysts see 11% upside.

BAC
UiPath Stock Surges 63% Above Q1 Buyback Price Ahead of Earnings
Earnings James Calloway

UiPath Stock Surges 63% Above Q1 Buyback Price Ahead of Earnings

UiPath (PATH) closed at $18.67, up 2.9%, trading 62.8% above its Q1 average buyback price of $11.47, as investors await fiscal Q2 earnings on Sept. 3.

PATH
Netflix Shares Dip as Two Films Dominate Weekly Viewing Chart
Earnings James Calloway

Netflix Shares Dip as Two Films Dominate Weekly Viewing Chart

Netflix shares slipped 0.8% after two titles captured 48.8% of weekly global movie views. Q2 revenue grew 13% to $12.56B, with ad revenue projected to double to $3B in 2026.

NFLX
Oil Surge Weighs on Wall Street as Energy Outperforms
Markets Daniel Marsh

Oil Surge Weighs on Wall Street as Energy Outperforms

U.S. equities slipped Monday as Brent crude climbed above $90, reigniting inflation concerns. Energy stocks outperformed, while utilities sank on wildfire liability worries.

SPY QQQ DIA IWM XLE XLK XLY XLU XOM CVX EIX PCG GME
SpaceX Stock Rises as AI Spending Widens Cash Gap to $25B
Markets Daniel Marsh

SpaceX Stock Rises as AI Spending Widens Cash Gap to $25B

SpaceX shares rose 1.55% to $143.69, but first-half free cash flow deficit widened to $25.01 billion as AI spending surged. Revenue grew 92% to $7.81 billion.

Sberbank Sees Only 20% of Russian Crypto Trading Moving Onshore
Crypto Sarah Chen

Sberbank Sees Only 20% of Russian Crypto Trading Moving Onshore

Sberbank expects only 3.5-4 trillion rubles of Russia's crypto trading to move onshore in the first year, citing a liquidity gap as new regulations take effect.

IBIT
GoPro Stock Soars 46% as Markiplier Reveals 8.5% Stake
Markets Daniel Marsh

GoPro Stock Soars 46% as Markiplier Reveals 8.5% Stake

GoPro shares surged 46% after digital creator Markiplier disclosed an 8.5% passive stake. Trading volume exploded to 142.5 million shares, yet the company's weak Q2 fundamentals and ongoing strategic review add caution.

GPRO
CNH Industrial Rallies on Baird Upgrade, $15 Target
Analysis Daniel Marsh

CNH Industrial Rallies on Baird Upgrade, $15 Target

CNH Industrial (CNH) gained 1.3% after Baird upgraded to Outperform with a $15 target, citing margin recovery. Volume spiked to 7.8x the average.

CNH AGCO DE