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Ondas Shares Rise on $110M Order Update; Supply Concerns Linger
Ondas Inc. shares rose 1.82% after reporting over $30 million in May orders, pushing Q2 orders above $110 million. The company raised its 2026 revenue target to at least $390 million.
Nebius Shares Soar After Nvidia Nod, AI Cloud Sector Rallies
Nebius shares jumped 14.5% after Nvidia CEO Jensen Huang highlighted the company's rapid growth. The rally lifted AI cloud stocks broadly.
Abivax shares drop despite positive Phase 3 results for ulcerative colitis drug
Abivax shares plunged 33.7% after hours despite obefazimod achieving clinical remission in over 50% of patients in a Phase 3 trial. The company plans to submit an FDA application in late Q4 2026.
Ford Shares Drop 4.6% as Energy Storage Takes Center Stage
Ford shares plunged 4.6% to $16.63, halting an eight-day rally, as trading volume surged. Investors pivot to Ford Energy after a major battery-storage deal with EDF.
Mortgage Rates Remain Elevated, Dampening Spring Housing Market Activity
U.S. mortgage rates remain in the mid-6% range, with the 30-year fixed at 6.53%, stifling spring home sales. Applications dropped 8.5% and new home sales fell 6.2% in April.
SoFi Rises on Stablecoin Launch; Wall Street Eyes Credit Risks
SoFi Technologies shares rose 1.9% on Monday after launching its SoFiUSD stablecoin, though BTIG warned of rising loan-loss trends in the lending business.
Rivian R2 Deliveries Begin, Stock Rises as Market Eyes June 9
Rivian stock rose 3.9% to $16.95 as investors anticipate the first R2 SUV deliveries on June 9. The company faces profitability challenges and a regulatory probe.
Starfighters Space Soars Amid Sector Decline; Capital Infusion Fuels Rally
Starfighters Space shares jumped 29% on a $17.5 million equity deal, even as the company faces no revenue, a $26 million lawsuit, and going-concern doubts.
AMC Surges 22% on Record May Attendance, But Debt Overhang Persists
AMC shares surged 22% to $2.12 as May crowds returned to pre-pandemic levels, with 25.5 million attendees. However, the company's $4.02 billion debt and cash burn raise sustainability questions.
Strategy Inc. Sells Bitcoin for First Time Since 2022 to Fund Dividends
Strategy Inc. sold 32 bitcoin for $2.5 million to fund preferred dividends, its first sale since 2022. Shares fell 5.9% as the market eyes the shift from pure accumulation.
Gasoline Dips on Crude Retreat, But Geopolitical Risks Persist
U.S. gas prices fell to $4.322/gal, down from $4.507 last week, as crude pulled back. However, oil surged 4.2% Monday after Iran halted indirect U.S. talks and new blockade fears emerged. Gasoline stocks declined for a record-tying 15th week.