Latest News
Iovance Biotherapeutics Shares Surge 18% as Amtagvi Sales Targets Come into Focus
Iovance Biotherapeutics (IOVA) shares climbed 18.2% last week as investors eye the ambitious sales targets for its cancer therapy Amtagvi.
Ether ETF Inflows Surge to 58% as Crypto Fund Flows Slow
U.S. crypto ETFs attracted $181M in the week to July 17, with Ether funds accounting for 58% of inflows, up from 30% the prior week, signaling a rotation.
Buffett's $139B Share Transfer Plan Puts Focus on Abel's Role
Warren Buffett's plan to transfer $139 billion in Berkshire shares by 2034 raises questions about Greg Abel's leadership and governance at Berkshire Hathaway.
SpaceX Needs $1.33 Trillion Rebound to Hit $225 Target
SpaceX (NASDAQ:SPCX) needs to regain $1.33 trillion in equity value to hit the $225 median target, requiring an 81.5% recovery from Friday's close of $123.99.
IBM's Worst Week in History Sparks Doubts on Software Strategy
IBM shares plummeted 26% in their worst week ever, erasing $69B in market cap after preliminary Q2 results missed revenue and earnings estimates.
United Airlines Tech Glitch Raises Fresh Risk Warnings After 8% Stock Slide
United Airlines (UAL) experienced a reservation system outage on Saturday, impacting check-in and ticketing operations. The incident follows an 8.4% weekly stock decline, heightening scrutiny of technology risks.
Nokia's Q2 Report Looms as Gross Margin Test After 19% Plunge
Nokia shares dropped 18.8% last week to €8.85. Q2 earnings Thursday will test gross margin forecasts, which imply an 80-basis-point decline.
Ondas trading volume surges past share count as DZYNE acquisition impact assessed
Ondas (ONDS) trading volume of 671.5 million shares last week surpassed its 569.8 million shares outstanding, as the market scrutinizes the DZYNE acquisition's impact on valuation.
Lloyds Lags Peers Despite Active Buyback; Premium P/E Under Scrutiny
Lloyds Banking Group (LLOY) underperformed the FTSE 100 last week, slipping 0.6% despite a £39 million share repurchase. Its elevated P/E multiple of 14.5x versus peers sets a high bar for the upcoming strategy update.
Costco Gas Savings: $65 Membership Recouped in 102 Gallons
A review of Costco's fuel pricing indicates members can offset the $65 annual fee after purchasing 102 gallons, underscoring the value of its gas program.
HVAC Service Revenue Surges as UK Issues Air Conditioning Health Warnings
UK doctors warn that poorly maintained air conditioning can cause lung irritation, highlighting the growing importance of HVAC service revenue for companies like Carrier, Johnson Controls, and Trane.