Latest News
Oracle Shares Rebound 1.8% Amid Layoff Reports and $40B Funding Push
Oracle shares gained 1.8% premarket after reports of fresh layoffs, as the company balances AI-driven growth with a $40 billion funding plan and negative free cash flow.
Apple's $602B Valuation Gap: Jefferies Downgrade Sparks Sell-Off
Jefferies downgraded Apple to Sell, setting a $263.66 price target that implies a $602 billion valuation gap. Despite strong Q3 earnings, concerns over the iPhone roadmap weigh on shares.
Riskified Stock Soars 7% on Strong Q2 Revenue and Raised Guidance
Riskified shares climbed 6.8% premarket after Q2 revenue jumped 22% to $98.7M and full-year guidance was raised. Gross margin fell to 46%.
Cardinal Health Soars on Strong 2027 Outlook Despite Cash Flow Dip
Cardinal Health (CAH) shares climbed 3.6% premarket after the company issued FY2027 adjusted EPS guidance of $12.40-$12.60, above consensus, despite a projected 25% decline in free cash flow.
H&R Block Shares Jump 15% on Strong Guidance and Buybacks
H&R Block shares soared 15% in premarket trading after the tax-prep company delivered strong Q4 results and issued upbeat FY2027 guidance, helped by aggressive share repurchases.
ChipMOS Soars 12% on Record Revenue and Margin Recovery
ChipMOS (IMOS) shares jumped 11.7% after Q2 revenue hit its highest since 2014 and gross margin surged 11.4 points, signaling strong demand and pricing power.
Rocket Lab Stock Climbs on Record Backlog, Neutron Timing Weighed
Rocket Lab (RKLB) shares rose 1.2% to $80.99 premarket, buoyed by a record $2.36B backlog and strong Q2 revenue, though Neutron launch timing remains a concern.
Intel Stock Holds Above $95 as $20B Capital Raise Adds 4.2% Share Dilution
Intel's $20B capital raise, upsized from $15B, added 4.2% dilution, yet shares closed 2.9% above the $95 offer. Analysts remain split on valuation.
CoreWeave Shares Jump 17% on Strong Q2, But Capex Surge Raises Cash Concerns
CoreWeave stock surged 17% premarket after Q2 revenue doubled and guidance improved, but the $37B capex plan raises cash flow concerns.
Plug Power Surges 5% but Gives Back Most of Post-Earnings Rally
Plug Power (PLUG) closed up 5.2% but gave back 74% of its intraday gain as investors weighed improved margins against cash burn and dilution.
Global Markets Mixed as Inflation Data Looms; JPMorgan Raises Singapore Outlook
US futures steady ahead of inflation data. JPMorgan raises Singapore STI target to 7,000. Plug Power, Septerna, and Balfour Beatty see notable moves.