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Tech Rally Lifts Nasdaq as Oil Slump Eases Rate Anxiety
U.S. stocks rallied Monday as oil prices fell nearly 4% and Treasury yields eased, lifting the Nasdaq 1.57%. Intel and AMD surged, leading tech gains.
XRP Surges 8% on Bitwise Filing, But SEC Amendment Isn't New Approval
XRP rallied 8% to $1.50, but Bitwise's SEC filing is just an amendment, not a new ETF approval. The existing fund's structure and performance are examined.
AMD Hits Record High, But Analyst Targets Offer Slim Upside
AMD shares jumped 8.8% to a record high, but the consensus analyst target now sits just 1.2% above the price, raising the bar for estimate revisions.
Kaspi.kz Faces October Licensing Shift as Kazakh Fintech Funding Drops
Kaspi.kz shares fell 2% as new payment licensing rules take effect in October, challenging its dominant position in Kazakhstan's fintech market.
Alphabet's Gemini 3.8 Launch Raises Cloud Revenue Stakes
Alphabet's Gemini 3.8 Live launch tests whether enterprise AI can drive cloud revenue. Google Cloud grew 82% in Q2, with analyst targets well above current price.
Paramount Skydance Jumps on $1.5B California Deal Talks
PSKY jumps 6.4% premarket as Reuters reports advanced talks for a $1.5B California production commitment, potentially averting $7M daily penalties.
Bitcoin Surges Past $85K, But ETF Inflows Fail to Sustain Weekly Momentum
Bitcoin climbed above $85,000 on Monday, marking its first such level since January. However, Friday's $433M ETF inflow only slightly lifted the weekly total, leaving questions about demand breadth.
DoorDash Stock Steady After ICE Shooting Confirms Delivery Driver
DoorDash confirmed the man shot by an ICE officer in Austin was making a delivery. DASH shares saw minimal premarket movement, but the incident could impact courier safety policies.
Walmart Expands Rural Health Pilot to Five Stores in Six-Month Trial
Walmart is testing health ambassadors in five rural stores to improve access to care. The six-month pilot could signal a broader healthcare strategy.
DoorDash's Nevada Reincorporation Shifts Governance, Not Fundamentals
DoorDash moved its corporate home to Nevada, altering governance rules but not its business. Q2 revenue jumped 36%, though net income fell. The stock dipped slightly.
theScore Bet's $50 Bonus Is Invite-Only, PENN's Digital Loss Narrows
PENN's theScore Bet's $50 bonus is invite-only, not a public promo. Interactive loss narrowed to $9.5M in Q2, but profitability remains elusive.
Fidelity: Roth Catch-Up Threshold Set at $150K for 2026
Fidelity clarifies 2026 Roth catch-up mandate for high earners, with payroll execution key. Schwab (SCHW) shares edge higher.