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Apple's Market Cap Jumps $52B on iPhone Event Optimism
Apple shares climbed 1.15% to $313.45, boosting market cap by $51.8B as investors await the September 9 event, likely to reveal the iPhone 18 and possibly a foldable device.
Nike Hits 2014 Low as Truist Downgrades on Weak Retail Trends
Nike shares dropped 2.25% to $38.59, hitting a 2014 low, after Truist downgraded the stock to Hold and cut its price target to $42, citing soft footwear trends at key retailers.
Wendy's Plunges 13% After Trian Says No Takeover Bid Coming
Wendy's shares dropped 13.27% after Trian Fund Management said it won't make an offer, erasing $229 million in market value.
NuScale Shares Slide 5.5% as AI Gains Fail to Offset Revenue Gap
NuScale Power shares dropped 5.5% on Wednesday, erasing AI-driven gains, as investors weighed efficiency improvements against a 99% revenue decline and rising R&D costs.
Netflix's 'Emily in Paris' Finale Set for December 24; Stock Slips 0.9%
Netflix will premiere the sixth and final season of 'Emily in Paris' on December 24. Shares dropped 0.9% to $81.46, wiping out $3.2 billion in market value.
SpaceX Stock Climbs 1.2% on $100B Louisiana Starbase Plan
SpaceX shares gained 1.2% after unveiling a $100 billion Louisiana spaceport, equal to its Q2 liquidity. The facility will support Starship and Starlink launches starting in 2029.
Oracle Gains 2.8% as Citi Flags Upcoming Catalysts, Market Cap Jumps $12B
Oracle shares climbed 2.8% after Citi started a 90-day catalyst watch, boosting market value by $12B. Analysts remain bullish despite negative free cash flow.
IREN Recovers Half of Pre-Earnings Drop in After-Hours Trading
IREN shares rebounded 3.2% after hours, cutting a $940 million pre-earnings loss by half. The move comes ahead of Thursday's fiscal 2026 results.
Cre8 Enterprise Stock Soars 165% on Record IPO Workload
Cre8 Enterprise shares surged 165% after reporting record customer activity and a 482% jump in Hong Kong IPO submissions, adding $8.5 million in market value.
Lantronix Surges After-Hours as Unmanned Systems Poised to Drive 15-20% of Revenue
Lantronix shares surged 12.5% after-hours as the company reported robust Q4 earnings and projected unmanned systems to account for 15-20% of fiscal 2027 revenue.