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Plug Power Stock Slips as Cash Burn Concerns Loom Ahead of Q2 Earnings
Plug Power (NASDAQ: PLUG) shares declined 2.6% to $2.045 as investors await Q2 results, focusing on cash burn and liquidity measures. Analysts project a loss of $0.08 per share.
Coinbase Expands UK Stock Trading to Boost USDC Retention
Coinbase (NASDAQ:COIN) launched 24/5 US stock trading for UK users, offering nearly 4,000 stocks. The move aims to boost USDC retention, but shares fell 2.4% amid questions about growth.
BillionToOne Slumps 39% as Guidance Signals Slower H2 Growth
BillionToOne (NASDAQ:BLLN) shares fell 39% after maintaining full-year guidance, suggesting a sharp slowdown in H2 growth. Q2 revenue jumped 64% to $109.4M, but investors focused on the deceleration.
Trade Desk Stock Slips Ahead of Q2 Report Amid Tepid Guidance
Trade Desk shares dropped 6.2% ahead of Q2 results, with consensus revenue just $2M above the company's $750M floor. Analysts eye margin and guidance for direction.
Mortgage Rates Hit Yearly High as Treasury Yields Take Center Stage
Freddie Mac reported the average 30-year mortgage rate rose to 6.69%, the highest in a year, as Treasury yields become the primary driver for housing investors.
Ford's $29,945 Fathom EV Raises Margin Concerns, Shares Slip
Ford shares dropped 1.6% after announcing the Fathom EV at $29,945, sparking margin and cannibalization concerns. Model e's EBIT margin was -89.6% last quarter.
Wing Yip Food ADS Soars 582% as U.S. Listing Decouples from Korean Shares
Wing Yip Food's U.S. ADSs jumped 582% to $22.79, trading at a 27x premium to its Korean shares after shareholders approved a major private placement, raising dilution concerns.
Micron Rebounds Sharply as AI Memory Demand Offsets Storage Sector Jitters
Micron (NASDAQ:MU) rebounded 8.4% from its session low after the company raised fiscal 2027 earnings forecasts, underscoring investor confidence in AI-driven memory demand.
Joby Aviation Soars on Q2 Revenue Beat, Yet Valuation Hinges on FAA Certification
Joby Aviation's Q2 revenue beat expectations, lifting shares 7.4%, but the 53-times sales valuation still depends on achieving FAA certification and commercial launch.