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Opendoor Shares Rally on Russell 3000 Inclusion Anticipation
Opendoor shares jumped 6% on heavy volume as investors positioned for its Russell 3000 inclusion. Q1 revenue fell to $720 million, but gross margin improved and Q2 guidance suggests a 25% revenue increase.
Constellation Energy Hits 6.6% Slump After $3.1B Secondary Offering
Constellation Energy shares dropped 6.6% after a $3.09 billion secondary offering by existing holders, with no proceeds to the company. The sale adds pressure amid potential delays in the Crane nuclear plant restart, key to AI data-center deals.
Dow Edges Higher as Nvidia's AI Push Bolsters Tech; Oil Jumps on Iran Tensions
The Dow closed up 44.70 points to 51,076.85 as Nvidia's RTX Spark AI chip news lifted tech stocks, while oil prices jumped to $94.98 on renewed U.S.-Iran tensions.
S&P 500, Nasdaq Near Records as Nvidia Surge Offsets Oil-Led Market Pressure
Nvidia surged 5.9% after unveiling a new AI PC chip with Microsoft, lifting the S&P 500 and Nasdaq near records. Oil's rally to $94.99 capped broader gains, pressuring airlines.
NUAI Stock Surges 20% on Upcoming Russell Index Inclusion
New Era Energy & Digital shares surged 20% to $5.75 on news of its upcoming inclusion in the Russell 3000 and Microcap indexes, with over 15.7 million shares traded.
Grab Stock Rebounds After Q1 Earnings Beat, But Risks Loom
Grab shares jumped 2.82% to $3.64 Monday after Q1 revenue beat estimates, rising 24% to $955 million. Analysts rate the stock a buy, but risks from Indonesia's commission cap and fuel costs remain.
POET Technologies Surges 17% Amid AI Orders, Lawsuit Deadline, and Marvell Impact
POET Technologies shares jumped 17% on heavy volume as law firms highlighted a June 29 lead-plaintiff deadline in a securities case. The rally follows a $50 million Lumilens order and $400 million financing, but legal and business risks persist.
Marvell Technology Surges 9% on New AI Switch Chip and Strong Outlook
Marvell Technology shares surged 9% to $223.36 after unveiling the Teralynx T100 switch chip for AI data centers. Fiscal Q1 revenue hit $2.418B, up 28%, with Q2 guidance of $2.70B.
