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Treasury Doubles Long-Duration Buybacks; TLT Rallies 1.6%
TLT rallied 1.6% after Treasury doubled long-dated buybacks, but duration risk remains the dominant factor. The move offers temporary relief, not a trend reversal.
Nebius Plunges 11% on $4.5B Convertible Note Sale
Nebius shares dropped 10.8% after a $4.5B convertible note offering, covering 80% of quarterly AI infrastructure spend. Analysts see 24% upside.
Nike Bounces 2.5% Off 12-Year Low, But Analysts Remain Cautious
Nike shares recovered 2.5% on Tuesday after hitting a 12-year low, but Wall Street remains cautious with a Hold consensus and a price target 26% above the current price.
SK Hynix Unveils Record $29B Buyback After 9.8% Stock Slide
SK Hynix launches a 40 trillion won buyback and cancellation, its largest ever, after shares fell 9.8%. The plan uses 57.6% of net cash and targets 3.3% of outstanding shares.
Transocean Stock Lags Oil Rally Amid $6.7B Backlog and $5.1B Debt
Transocean (RIG) shares slipped 0.85% to $5.82 even as Brent crude climbed to $91.56. The company's $6.7B backlog exceeds its $5.1B debt, but operational challenges and merger risks weigh on investor sentiment.
ASML Outshines Rivals as Bond Yields Climb
ASML shares gained 0.4% amid a bond market selloff, as the company targets a 38-49% second-half sales surge. Analysts remain bullish, but buyback prices loom overhead.
Ondas Stock Climbs 0.7% on $33M Aran Defense Buy; Valuation Gap Narrows
Ondas (ONDS) gained 0.7% after announcing a $33 million acquisition of Aran Defense, valuing the target at 1.3x projected 2026 revenue. The deal expands manufacturing but adds integration risk.
Hyundai Stock Slips 4.8% as Tucson Redesign Faces Margin Test
Hyundai shares dropped 4.8% after unveiling the new Tucson, which made up 23.9% of U.S. sales in July. The redesign could pressure margins as Q2 operating profit fell 20.8%.
Unitree Robotics Soars 460% in Shanghai Debut
Unitree Technology's shares skyrocketed 460% on its first day of trading in Shanghai, closing at RMB 845 and valuing the robot maker at $50 billion.
Cipher Digital Stock Plunges 13%, Market Cap Drops $1B
Cipher Digital shares tumbled 13% on Tuesday, wiping out $1 billion in market value amid rising bond yields and investor scrutiny of its $11.4 billion backlog.
CME Hits 4-Year High as FX Hedging Demand Jumps, But Rates Still Dominate
CME shares climbed to a four-year high as a survey shows record FX hedging, but currency futures are just 3% of volume. Rates and equities still drive the mix.