BHP Shares Dip as Escondida Drives Steep Copper Production Guidance Cut
Markets Daniel Marsh

BHP Shares Dip as Escondida Drives Steep Copper Production Guidance Cut

BHP shares fell 2.71% as FY27 copper guidance midpoint dropped 11.7%, with Escondida accounting for 93% of the decline. Record iron ore output failed to offset investor concerns.

BHP
CBA Outpaces Banking Peers Amid Spending Slowdown and Valuation Concerns
Markets Daniel Marsh

CBA Outpaces Banking Peers Amid Spending Slowdown and Valuation Concerns

Commonwealth Bank shares extended gains over peers last week, rising 1.73%, even as its premium valuation and slowing household spending raise questions.

CBAUF ANZBY
TeraWulf (WULF) Drops 17% as New York Order Casts Shadow Over 77% Out-of-State Pipeline
Markets Daniel Marsh

TeraWulf (WULF) Drops 17% as New York Order Casts Shadow Over 77% Out-of-State Pipeline

TeraWulf shares slumped 17% as a New York executive order threatens permit progress, while 77% of its open capacity sits outside the state.

WULF
Bank of America Stock Holds Gains as Rate Sensitivity Takes Center Stage
Earnings James Calloway

Bank of America Stock Holds Gains as Rate Sensitivity Takes Center Stage

Bank of America shares rose 2.7% for the week after earnings, as investors focused on rate sensitivity. NII grew 9%, but the bank's model shows a 2.2x greater downside from rate declines.

BAC JPM WFC KBE AXP
NextNRG Stock Surges After Cash Advance Highlights Financing Costs
Markets Daniel Marsh

NextNRG Stock Surges After Cash Advance Highlights Financing Costs

NextNRG shares rose 14.6% on Friday as a cash-advance disclosure underscored the cost of liquidity, with the shortfall representing nearly 65% of projected Q2 gross-profit growth.

NXXT
FG Merger II Completes Boxabl Deal After 83% Redemption
Markets Daniel Marsh

FG Merger II Completes Boxabl Deal After 83% Redemption

FG Merger II finalized its merger with Boxabl, leaving $14M in trust after 83% redemption. Shares surged 46% in after-hours trading.

FGMC
Ford's Warranty Accruals Drop 18.7%, Cash Outflows Rise: Quality Push Shows
Earnings James Calloway

Ford's Warranty Accruals Drop 18.7%, Cash Outflows Rise: Quality Push Shows

Ford's Q1 warranty accruals fell 18.7% year-over-year, but cash payments for warranties rose 2.1%. The divergence highlights quality gains yet to hit cash flow.

F GM
SELLAS Life Sciences Surges 12% as Equity Value Soars $1.6B
Analysis Daniel Marsh

SELLAS Life Sciences Surges 12% as Equity Value Soars $1.6B

SELLAS Life Sciences shares climbed 12.3% to $13.19, lifting estimated equity value by $1.62 billion since May. The REGAL trial's 80th event is pending.

SLS
BATL Stock Rises on Oil Rally, but $65.55 Hedges Limit Upside
Markets Daniel Marsh

BATL Stock Rises on Oil Rally, but $65.55 Hedges Limit Upside

Battalion Oil (BATL) climbed 10.2% on Friday alongside a 16% WTI rally, but fixed swaps at $65.55 per barrel cap further upside.

BATL PR XLE USO
Western Union Soars 13% as Merger Spread Nearly Doubles
Markets Daniel Marsh

Western Union Soars 13% as Merger Spread Nearly Doubles

Western Union shares surged 13% as the spread on its Intermex acquisition nearly doubled, reflecting greater market compensation for deal risk.

WU IMXI RELY EEFT C
Grab Shares Slide 9% as Uber-Delivery Hero Deal Raises Incentive Concerns
Markets Daniel Marsh

Grab Shares Slide 9% as Uber-Delivery Hero Deal Raises Incentive Concerns

Grab shares dropped 9.2% this week as Uber's $14.8 billion bid for Delivery Hero, covering foodpanda in five key markets, heightens scrutiny on incentive spending.

GRAB UBER
Transocean Shares Slip as Oil Rally Fails to Close Merger Gap
Markets Daniel Marsh

Transocean Shares Slip as Oil Rally Fails to Close Merger Gap

Transocean (RIG) shares slipped 1.2% for the week, underperforming a 16% oil rally, as the merger spread with Valaris (VAL) remained near 2.3%.

RIG VAL NE SDRL EQNR USO