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Bending Spoons Shares Plummet 70% from Peak on Debt Concerns
Markets Daniel Marsh

Bending Spoons Shares Plummet 70% from Peak on Debt Concerns

Bending Spoons (BSP) shares dropped 70% from their debut peak to $32.40, as attention shifts to debt expenses that consumed 77.5% of operating income in Q1.

Rocket Lab shares test $67.50 deal floor after 17% weekly slide
Markets Daniel Marsh

Rocket Lab shares test $67.50 deal floor after 17% weekly slide

Rocket Lab shares closed Friday at $67.62, just above the $67.50 floor in its Iridium acquisition collar, after a 16.6% weekly decline.

RKLB IRDM RDW
NIO's Chip Division Hits 300K Milestone, Spotlight on External Sales Strategy
Markets Daniel Marsh

NIO's Chip Division Hits 300K Milestone, Spotlight on External Sales Strategy

NIO's chip division has delivered over 300,000 NX9031X processors, highlighting potential for external sales as Shenji pursues AI markets. NIO stock closed at $4.88 on Friday.

NIO XPEV LI TSLA GS
Pfizer Gains 3.6% as Dividend Yield Attracts Income Investors
Markets Daniel Marsh

Pfizer Gains 3.6% as Dividend Yield Attracts Income Investors

Pfizer (PFE) shares climbed 3.6% as its 6.9% dividend yield attracted income-focused investors, despite unchanged analyst estimates and a slight earnings forecast cut.

PFE BMY MRK ABBV LLY
Micron Shares Slide 13% as AI Spending Doubts Weigh on Chip Sector
Markets Daniel Marsh

Micron Shares Slide 13% as AI Spending Doubts Weigh on Chip Sector

Micron Technology (MU) shares dropped 13.3% over the past week as investors focus on AI spending prospects, despite new automotive supply agreements.

MU GOOGL INTC QCOM
Joby Aviation Drops 6% Amid CEO Stock Sale and Sector Weakness
Markets Daniel Marsh

Joby Aviation Drops 6% Amid CEO Stock Sale and Sector Weakness

Joby Aviation shares fell 6% as CEO JoeBen Bevirt sold 596,666 shares, accounting for less than 1% of the week's market value decline. Broader sector pressure also weighed on Archer and Vertical Aerospace.

JOBY ACHR EVTL QQQ TM
TeraWulf Drops 17% as $19B Anthropic Deal Fails to Offset Financing Fears
Markets Daniel Marsh

TeraWulf Drops 17% as $19B Anthropic Deal Fails to Offset Financing Fears

TeraWulf shares fell 17.3% to $18.16, below its April offering price, despite a $19B Anthropic lease. Financing and regulatory risks overshadow the deal.

WULF IREN CRWV CORZ
AMD Faces AI Event Test After $101 Billion Market Cap Wipeout
Technology Sarah Chen

AMD Faces AI Event Test After $101 Billion Market Cap Wipeout

AMD enters its AI event week after losing an estimated $101 billion in market cap. The stock fell 11.1% last week, setting the stage for key announcements on July 22-23.

AMD INTC QQQ SOXX SMH
QXO Falls 6.6% as Housing Weakness and Share Dilution Weigh
Markets Daniel Marsh

QXO Falls 6.6% as Housing Weakness and Share Dilution Weigh

QXO closed at $14.40 on Friday, down 6.6%, as weak housing data and a 30% increase in shares from the TopBuild acquisition weighed on the stock.

QXO BLDR FERG SPY
SanDisk Plunges 29% in Week; Forward Earnings Hurdle Remains High
Markets Daniel Marsh

SanDisk Plunges 29% in Week; Forward Earnings Hurdle Remains High

SanDisk shares fell 29% in a week, wiping out $88 billion in market cap. The stock now trades at 6.4 times forward earnings, implying a steep earnings hurdle.

SNDK WDC MU GOOGL INTC
SMCI Shares Slump 12% Below June Offer as Funding Doubts Linger
Markets Daniel Marsh

SMCI Shares Slump 12% Below June Offer as Funding Doubts Linger

Super Micro Computer (SMCI) shares closed at $24.18, down 12.1% from the June offering price, as investors question the company's funding strategy for $39 billion in advanced AI-server orders.

SMCI DELL HPE GOOGL INTC TXN
Fidelity to Close Two Income ETFs as Crypto Inflows Surge Led by Ether
Crypto Sarah Chen

Fidelity to Close Two Income ETFs as Crypto Inflows Surge Led by Ether

Fidelity Canada will close two small income ETFs after Friday's close, as US spot crypto ETFs attracted US$181M in weekly inflows, led by ether.

IBIT