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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.
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.
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.
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.
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.
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.
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%.
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%.
Court Strikes Down Pentagon Blacklist of AI Firm Anthropic
A federal judge permanently blocked the Pentagon's blacklist of Anthropic, ruling it unlawful retaliation. The decision removes a major threat to the AI firm's market access.
UiPath Eases 1% After Rally, Valuation at 4.9x ARR Ahead of Q2 Report
UiPath shares eased 0.98% to $18.15 after a 9.37% rally, with valuation at 4.9x ARR. Q2 earnings due Sept 3.
Motley Fool's Stock Advisor Hits 987% Average Return: What Investors Should Know
Stock Advisor's average return reaches 987% vs. S&P 500's 215%. The figure averages all recommendations, not subscriber portfolios. Annual fee $199, intro $99.