Broadcom's 5.9% Plunge Drives Weekly Drop; AI Valuation Concerns Mount
Markets Daniel Marsh

Broadcom's 5.9% Plunge Drives Weekly Drop; AI Valuation Concerns Mount

Broadcom shares tumbled 5.9% on Friday, representing 71% of the week's loss, as AI chip valuations came under pressure. Trading volume more than doubled.

AVGO AMAT NVDA QCOM TXN INTC
World Liberty Trust Charter Advances as USD1 Tops $4B, WLFI Lags
Crypto Sarah Chen

World Liberty Trust Charter Advances as USD1 Tops $4B, WLFI Lags

World Liberty Trust received preliminary approval for a trust bank charter, lifting USD1 stablecoin market cap above $4B. WLFI token slipped to a modest 0.7% gain, reflecting limited direct benefits.

BTGO CRCL
SpaceX $44.8B Share Unlock Looms as Trading Volume Set to Triple
IPO Michael Okonkwo

SpaceX $44.8B Share Unlock Looms as Trading Volume Set to Triple

SpaceX braces for a $44.8 billion share unlock on August 20, 3.3 times Friday's volume. Stock dips 0.9% to $140, but Q2 revenue jumps 92%.

GOOGL NVDA
Exxon (XOM) Rises as Hormuz Tensions Boost Oil Prices
Commodities Rebecca Torres

Exxon (XOM) Rises as Hormuz Tensions Boost Oil Prices

Exxon (XOM) gained 0.94% to $160.10 as Brent crude jumped 6% on Hormuz tensions. Analyst targets imply 4.5% upside, but risks remain.

XOM CVX COP USO
Fubo Shares Climb 3.6% as Disney Ad Integration Takes Center Stage
Markets Daniel Marsh

Fubo Shares Climb 3.6% as Disney Ad Integration Takes Center Stage

Fubo shares rose 3.57% to $10.15 as investors weigh subscriber losses against Disney's ad integration. Q2 revenue missed estimates, but the partnership could improve ad yields.

FUBO DIS
Oracle Shares Slide 3.8% as $40B Funding Plan Raises Debt Concerns
Markets Daniel Marsh

Oracle Shares Slide 3.8% as $40B Funding Plan Raises Debt Concerns

Oracle shares dropped 3.8% as a $40 billion funding plan raised debt concerns, despite strong cloud growth and a $638 billion backlog.

ORCL NVDA MSFT AMZN GOOGL
Jane Street's $15B AI Trading Loss Spotlights Leverage Risks
Markets Daniel Marsh

Jane Street's $15B AI Trading Loss Spotlights Leverage Risks

Jane Street lost an estimated $15B in July on leveraged AI bets, its largest monthly loss, raising concerns about private leverage and AI stock vulnerabilities.

NVDA CRWV META MU ORCL
Better Home & Finance Tumbles 8.5% as Boardroom Battle Erodes Investor Confidence
Markets Daniel Marsh

Better Home & Finance Tumbles 8.5% as Boardroom Battle Erodes Investor Confidence

Better Home & Finance (BETR) shares slid 8.5% as a boardroom dispute over CEO ouster overshadowed strong Q2 growth and $102M cash reserves.

BETR
American Airlines Shares Tumble 7% as Profit Gap Widens
Earnings James Calloway

American Airlines Shares Tumble 7% as Profit Gap Widens

American Airlines shares dropped 7% after leadership changes failed to close a $1.13 billion profit gap with rivals. Analysts still see 31.5% upside.

AAL DAL UAL LUV
Nokia ADRs Rally 17.9% in Four Sessions on AI Order Surge
Analysis Daniel Marsh

Nokia ADRs Rally 17.9% in Four Sessions on AI Order Surge

Nokia ADRs surged 17.9% over four sessions to $10.76, driven by AI/cloud orders reaching 6.3x quarterly sales. Strong optical outlook from Lumentum fuels rally.

LITE
Nebius Surges 8.9% to $277.68, Market Cap Hits $75B, Outpacing Analyst Targets
Markets Daniel Marsh

Nebius Surges 8.9% to $277.68, Market Cap Hits $75B, Outpacing Analyst Targets

Nebius (NBIS) surged 8.9% to $277.68, market cap $75.49B, surpassing analyst targets. Q2 revenue up 454% to $582.3M, but capex reached $5.66B, 9.7x revenue.

NBIS CRWV IREN NVDA
UiPath Shares Outpace Analyst Targets Amid Insider Sale
Earnings James Calloway

UiPath Shares Outpace Analyst Targets Amid Insider Sale

UiPath (PATH) ended the week up 6.4%, trading 18% above the average analyst target, even as the chief accounting officer sold $831,250 in stock.

PATH