Merck Stock Rises on MMR Split Order, but Revenue Gains Remain Distant
Markets Daniel Marsh

Merck Stock Rises on MMR Split Order, but Revenue Gains Remain Distant

Merck (MRK) shares rose 1.89% after a presidential order to develop separate measles, mumps, and rubella vaccines, but analysts note the process could take over a decade and won't boost near-term revenue.

MRK GSK
Brinker Soars 6% as Chili's Growth Streak Boosts FY2027 Outlook
Earnings James Calloway

Brinker Soars 6% as Chili's Growth Streak Boosts FY2027 Outlook

Brinker International (EAT) rallied 6% as Chili's comparable sales climbed 5.6%, marking a fifth consecutive year of growth, and FY2027 EPS guidance topped expectations.

EAT
Astronics Soars 15% as Backlog Hits Record 76% of Revenue Target
Earnings James Calloway

Astronics Soars 15% as Backlog Hits Record 76% of Revenue Target

Astronics (ATRO) jumped 15% after reporting record backlog of $780.6M, covering 76% of its raised revenue guidance. Q2 sales rose 27% and adjusted EBITDA more than doubled.

ATRO
Ondas Faces Steep H2 Revenue Hurdle Ahead of Q2 Earnings
Earnings James Calloway

Ondas Faces Steep H2 Revenue Hurdle Ahead of Q2 Earnings

Ondas Holdings (ONDS) shares were flat ahead of Q2 earnings, with a $406 million H2 revenue goal requiring near-triple quarterly growth. Analysts remain bullish despite high expectations.

ONDS
Archer Aviation Shares Slide 8% on Boeing Deal Dilution Concerns
Markets Daniel Marsh

Archer Aviation Shares Slide 8% on Boeing Deal Dilution Concerns

Archer Aviation shares fell 8.2% as investors digested the Boeing acquisition's dilution impact, despite the deal bringing over $200 million in annual revenue.

ACHR BA JOBY BETA
Humana Gains as COLA Estimate Overlooks Rising Medical Costs
Markets Daniel Marsh

Humana Gains as COLA Estimate Overlooks Rising Medical Costs

Humana stock gained 2.6% as a preliminary 3.1% COLA estimate for 2027 overshadowed rising medical costs, which continue to pressure the insurer's margins.

HUM
SpaceX Shares Surge 4% as AI Valuation Debate Heats Up
IPO Michael Okonkwo

SpaceX Shares Surge 4% as AI Valuation Debate Heats Up

SpaceX shares rose 4.2% to $138.93, adding $74B in market cap. Q2 revenue nearly doubled, but AI losses and upcoming share unlock present risks.

MS DB
Bunge Stock Steady as Wheat Jumps; Oilseeds Drive 88% of Profit
Commodities Rebecca Torres

Bunge Stock Steady as Wheat Jumps; Oilseeds Drive 88% of Profit

Bunge (BG) shares stayed flat as wheat futures climbed 3% after a Ukrainian attack halted two Russian grain terminals. Oilseed processing drove 88% of Q2 segment profit.

BG ADM
Home Depot Stock Slips as CEO Takes Medical Leave
Markets Daniel Marsh

Home Depot Stock Slips as CEO Takes Medical Leave

Home Depot shares fell 2.5% as CEO Ted Decker takes temporary medical leave. Two long-serving executives will lead until his return, with earnings due next week.

HD LOW
NiSource Storm Outages Hit 59% of NIPSCO Customers, Shares Slide
Markets Daniel Marsh

NiSource Storm Outages Hit 59% of NIPSCO Customers, Shares Slide

Severe Midwest storms left 273,900 NIPSCO customers without power, about 59% of its base. NiSource shares fell 15% from record high as restoration costs loom.

NI EXC DUK AEP GOOGL AMZN
CAVA Shares Surge 16% on Strong Traffic, Boosting Market Value by $1.13B
Earnings James Calloway

CAVA Shares Surge 16% on Strong Traffic, Boosting Market Value by $1.13B

CAVA stock soared 16% after strong traffic and sales exceeded forecasts, lifting market value by $1.13B. Same-restaurant sales rose 9%, but margins slipped 60 bps.

CAVA CMG EAT
IREN Shares Jump 9% as CoreWeave's Strong Results Boost AI Infrastructure Stocks
Technology Sarah Chen

IREN Shares Jump 9% as CoreWeave's Strong Results Boost AI Infrastructure Stocks

IREN shares jumped 9% after CoreWeave's strong earnings boosted AI infrastructure stocks. The company aims to expand capacity 160-fold to 480 MW by 2026.

IREN CRWV NBIS SMCI APLD