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GM Confirms 8.3L Duramax for 2027 HD Trucks; Stock Rises 2.1%
General Motors confirmed an 8.3-liter Duramax diesel for its 2027 heavy-duty pickups, sending shares up 2.1% to $83.95. Key specs and pricing remain undisclosed.
Gravity Token Holds 68% Weekly Surge Despite 39% Weekend Pullback
Gravity's G token rose 67.8% in a week but fell 39% from Sunday's high. Fast Withdraw cuts bridge time to 10 minutes, yet supply and deadline risks remain.
Nasdaq Hits Record as Tech Soars, Oil Retreats
The Nasdaq Composite surged to a record close, up 2.3%, while the S&P 500 finished just shy of its peak. Oil prices fell sharply, easing inflation worries.
AMD Rally on Unverified Price Hike Speculation
AMD closed at $615.52, up 9.95%, but no confirmation of a reported 10% Q4 price hike. Analysts' average target implies 4.7% upside, with data center growth driving sentiment.
Fifth Third to Rebrand Detroit Ballpark as Fifth Third Park
Fifth Third Bancorp will rename Detroit's Comerica Park to Fifth Third Park for the 2027 season. Terms undisclosed; FITB shares rose 0.8%.
Bungie Revives Destiny 2 Vaulted Content; Sony's Investment Strategy in Focus
Bungie has started rebuilding vaulted Destiny 2 content, reversing an earlier sunsetting decision. Sony's $3.6B acquisition faces renewed scrutiny as investors await monetization details.
Moderna Surges 13% as Key Melanoma Data Looms
Moderna shares soared 13% to $174.06, touching a 52-week high, as investors await pivotal Phase 3 melanoma data due October 24.
Arm Stock Soars 17% on $2B AI CPU Demand, Valuation Questioned
Arm Holdings surged 17% to $321.83 after revealing over $2B in AGI CPU demand for fiscal 2027-2028. The rally pushed its market cap to $343B, but valuation concerns remain.
GRAIL Soars 35% Ahead of FDA Panel, Topping All Analyst Price Targets
GRAIL shares surge 34.7% to $108.78 two days before FDA panel review of Galleri test, outpacing all analyst price targets as investors price in approval.
Oil Slump Boosts American Airlines as Fuel Costs Ease
American Airlines gained 4% as crude oil fell 3.8%, easing fuel cost concerns. Analysts remain divided with price targets ranging from $13 to $17.
UK Food Price Surge Forecast as El Niño Threatens Supply Chains
The FDF predicts UK food inflation will climb to 6.4% by July 2027, driven by El Niño and other cost pressures, testing major grocers.
Dutch Bros Shares Plunge to 52-Week Low Despite Strong Q2 Revenue Growth
Dutch Bros (BROS) shares fell to a 52-week low of $38.28 on Monday, despite Q2 revenue surging 32.5%. Analysts remain bullish, with targets implying at least 29% upside.