Latest News
Wall Street Mixed as Weak Jobs Data Fuels Rate-Cut Bets, Nasdaq Leads
U.S. stocks opened mixed Friday as a surprising drop in July payrolls eased rate hike fears, boosting tech shares. The Nasdaq surged 1.3% while the Dow inched up, with Caterpillar weighing on blue chips.
MasterBeef Shares Rocket 121% on Thin Float as Volume Hits 26M
MasterBeef (NASDAQ:MB) shares soared 121% on August 7, 2026, as trading volume hit 26.1 million shares, surpassing the total outstanding. The surge occurred despite no recent company news.
Twilio Shares Soar 28% on Strong Q2 Results and Raised Guidance
Twilio's stock surged 28% after Q2 results beat expectations, with organic growth at 17% and free cash flow margin at 24%. The company raised full-year guidance, boosting investor confidence.
Coherent Soars 41% on Week as U.S. Weighs China Optics Ban
Coherent (COHR) surged 40.7% this week following a U.S. draft proposal to curb Chinese optical transceiver imports, with earnings due Aug 12.
SK hynix's $38B Fab Plan Coincides With $53T Market Cap Loss
SK hynix's market value plunged 53.3 trillion won on Friday, almost equal to its new fab investment. The stock dropped 4.88% to 1,422,000 won.
DoubleVerify Shares Surge 13% on Nielsen Acquisition Deal
DoubleVerify (DV) surged 13% after Nielsen agreed to acquire the ad-tech firm for $13.60 per share, leaving a 2.4% spread for investors.
Wendy's Cuts Dividend in Half, Withdraws 2026 Outlook as U.S. Sales Slump
Wendy's halves dividend to $0.07 per share and withdraws 2026 guidance after U.S. same-store sales dropped 7%, far worse than expected. The move frees up about $53.4 million annually.
AXIA Energia Shares Flat as R$7.7B Payout Plan Faces Scrutiny
AXIA Energia shares remained stable Friday after strong Q2 results and a R$7.7B capital return plan, though the program's non-binding nature tempers optimism.



