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Ambarella Soars 16% on NXP Acquisition Talks; NXP Drops 6.5%
Ambarella (AMBA) jumped 16% on takeover speculation involving NXP Semiconductors (NXPI), which fell 6.5%, wiping out $4 billion in market value.
TELUS Stock Plunges 11% on Dividend Reset and Weak Guidance
TELUS shares plummeted 11.27% after the company cut its dividend and lowered guidance, erasing C$2.7B in market value. The move aligns with projected dividend savings.
Nokia's AI order surge raises cash flow concerns as shares dip
Nokia's Q2 AI orders totaled €2.8B, but shares fell 3.2% as investors weigh cash conversion. S&P affirms BBB- with positive outlook.
Focus Universal Shares Surge 517% on AI Engine Reveal
Focus Universal (FCUV) shares jumped 517% on Friday after unveiling an AI document-processing engine, but the surge came on trading volume 147 times its disclosed share count, raising sustainability concerns.
Intel Stock Slips Despite Strong Q2; Foundry External Sales Lag
Intel's Q2 earnings beat expectations, but shares fell 2.3% as investors focused on slow external foundry growth, which accounted for just 5.1% of segment revenue.
Jersey Mike's Recovers to $23 as Debt Concerns Loom
Jersey Mike's (NYSE:JMKE) shares recovered to $23 on Friday, erasing its debut decline, yet elevated debt and slowing same-store sales growth continue to pose challenges.
Nvidia Retakes Crown as Cloud Giants Pour $140B into AI Infrastructure
Nvidia reclaimed the world's most valuable company title Friday as Amazon, Alphabet, and Microsoft disclosed a combined $140.1 billion in quarterly cloud infrastructure spending, signaling sustained AI demand.
Amazon Shares Surge 15% as AWS Profit Engine Powers Record Quarter
Amazon shares jumped 15% Friday after Q2 results showed AWS operating income up 64%, driving 78% of profit growth. Cloud strength and AI demand fuel optimism.