Wall Street Mixed as Weak Jobs Data Fuels Rate-Cut Bets, Nasdaq Leads
Markets Daniel Marsh

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.

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MasterBeef Shares Rocket 121% on Thin Float as Volume Hits 26M
Markets Daniel Marsh

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.

MB
Nasdaq Surges as Weak Payrolls Dim Rate Hike Odds
Markets Daniel Marsh

Nasdaq Surges as Weak Payrolls Dim Rate Hike Odds

Nasdaq surged 1.33% after July payrolls unexpectedly fell, cutting September rate hike odds to 20%. Tech stocks led gains as yields dropped.

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Twilio Shares Soar 28% on Strong Q2 Results and Raised Guidance
Earnings James Calloway

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.

TWLO
Coherent Soars 41% on Week as U.S. Weighs China Optics Ban
Markets Daniel Marsh

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.

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Tesla's $16.8B Terafab Bet Raises Capital Allocation Questions
Technology Sarah Chen

Tesla's $16.8B Terafab Bet Raises Capital Allocation Questions

Tesla stock gained 3.5% after announcing a $16.8 billion Terafab project with SpaceX, raising concerns about capital allocation as the cost equals 38.6% of its cash reserves.

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SK hynix's $38B Fab Plan Coincides With $53T Market Cap Loss
Markets Daniel Marsh

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.

MU
Cipher Digital Shares Slide 4.5% as Restricted Cash Raises Valuation Concerns
Markets Daniel Marsh

Cipher Digital Shares Slide 4.5% as Restricted Cash Raises Valuation Concerns

Cipher Digital shares dropped 4.5% as analysts cut price targets, citing restricted cash and valuation concerns amid HPC expansion.

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DoubleVerify Shares Surge 13% on Nielsen Acquisition Deal
Markets Daniel Marsh

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.

DV
Vistra Stock Slips as Q2 EBITDA Jumps 31%, Full-Year Forecast Unchanged
Earnings James Calloway

Vistra Stock Slips as Q2 EBITDA Jumps 31%, Full-Year Forecast Unchanged

Vistra (VST) shares dropped 1.8% in early trading despite a 31% jump in adjusted EBITDA, as investors focused on flat full-year guidance and a dip in net income.

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Wendy's Cuts Dividend in Half, Withdraws 2026 Outlook as U.S. Sales Slump
Earnings James Calloway

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.

WEN MCD QSR
AXIA Energia Shares Flat as R$7.7B Payout Plan Faces Scrutiny
Earnings James Calloway

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.