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Super Micro Jumps 9% as Cisco AI Factory Partnership Takes Shape
Technology Sarah Chen

Super Micro Jumps 9% as Cisco AI Factory Partnership Takes Shape

Super Micro (SMCI) shares rose 9.35% after Cisco unveiled plans to include Supermicro compute in its Secure AI Factory, adding $2.13 billion to its market cap.

SMCI CSCO DELL HPE NVDA
FTSE 100 Flat as Copper Gains Counter Oil Slide
Markets Daniel Marsh

FTSE 100 Flat as Copper Gains Counter Oil Slide

London's FTSE 100 remains flat as copper miners offset losses in oil majors, with Brent crude falling below $86 per barrel.

BP SHEL IAG USO GLD
Moderna Soars 14% on Cancer Vaccine Optimism, Adds $8B in Value
Markets Daniel Marsh

Moderna Soars 14% on Cancer Vaccine Optimism, Adds $8B in Value

Moderna's stock surged 14.4% after a Wolfe Research upgrade, adding $8 billion in market value. The rally follows promising melanoma vaccine results, but analysts caution on profitability.

MRNA MRK
Richtech Robotics Surges 21.6% on $12M Buyback Plan
Markets Daniel Marsh

Richtech Robotics Surges 21.6% on $12M Buyback Plan

Richtech Robotics (RR) soared 21.6% after unveiling a $12 million buyback plan, covering 2.7% of its shares. The move added $78.8M in market value, though dilution and valuation risks persist.

RR
Rezolve AI Jumps 22% on Google Cloud Web3 Adoption
Technology Sarah Chen

Rezolve AI Jumps 22% on Google Cloud Web3 Adoption

Rezolve AI (RZLV) surged 22% to $2.96 after Google Cloud adopted its database for Web3, adding $211M in market value. Volume hit 98.4M shares.

RZLV GOOGL
Intuit Tumbles 10% on Weak Guidance; Tech ETFs Drift Lower
Markets Daniel Marsh

Intuit Tumbles 10% on Weak Guidance; Tech ETFs Drift Lower

Intuit's stock fell 10% after its fiscal 2027 outlook missed expectations, while QQQ and SPY edged lower in overnight trading ahead of Nvidia's earnings.

INTU QQQ SPY NVDA SMTC
DICK'S Sporting Goods Plunges 31% as Foot Locker Warning Spurs $4.9B Selloff
Earnings James Calloway

DICK'S Sporting Goods Plunges 31% as Foot Locker Warning Spurs $4.9B Selloff

DICK'S Sporting Goods shares tumbled 30.7% after Foot Locker's profit warning wiped out $4.9 billion in market value, marking the retailer's worst single-day drop ever.

DKS
Alibaba Rebounds as $10.2B AI Placement Dilutes Shares
Markets Daniel Marsh

Alibaba Rebounds as $10.2B AI Placement Dilutes Shares

Alibaba's US shares rebounded 0.82% to $119.44 after a $10.2 billion AI placement. The deal expands shares by 3.57%, with insiders buying ~1% of the sale.

BABA
SpaceX's $100B Louisiana Gamble: Stock Climbs 2.2%
Technology Sarah Chen

SpaceX's $100B Louisiana Gamble: Stock Climbs 2.2%

SpaceX announced a $100 billion investment in Starbase Louisiana, sending shares up 2.2% to $137.95. The massive project includes 10 launch pads and thousands of launches.

XLK
Nvidia Options Signal $280B Swing as Chip Giant Prepares Q2 Report
Earnings James Calloway

Nvidia Options Signal $280B Swing as Chip Giant Prepares Q2 Report

Nvidia shares gained 2.2% Tuesday as options traders positioned for a $280 billion market-cap swing ahead of the company's fiscal Q2 earnings report due Wednesday.

NVDA
ASX Edges Up as Retail Results Offset Tech Slump Ahead of CPI
Markets Daniel Marsh

ASX Edges Up as Retail Results Offset Tech Slump Ahead of CPI

The ASX 200 advanced 0.23% as retail heavyweights Woolworths and Lovisa rallied on strong results, while tech stocks lagged ahead of key CPI data.

ASX
Yuan Pulls Back from 3½-Year High as PBOC Fixing Signals Intervention
Forex Rebecca Torres

Yuan Pulls Back from 3½-Year High as PBOC Fixing Signals Intervention

The yuan slipped from a 3½-year high after the PBOC's midpoint came in 633 pips below market estimates, signaling a curb on appreciation. USD/CNY closed near 6.72, and KWEB rose 0.61%.

KWEB FXI MCHI