SK hynix's $38B Fab Plan Coincides With $53T Market Cap Loss
Markets Daniel Marsh

SK hynix's $38B Fab Plan Coincides With $53T Market Cap Loss

SK hynix's market value plunged 53.3 trillion won on Friday, almost equal to its new fab investment. The stock dropped 4.88% to 1,422,000 won.

MU
Cipher Digital Shares Slide 4.5% as Restricted Cash Raises Valuation Concerns
Markets Daniel Marsh

Cipher Digital Shares Slide 4.5% as Restricted Cash Raises Valuation Concerns

Cipher Digital shares dropped 4.5% as analysts cut price targets, citing restricted cash and valuation concerns amid HPC expansion.

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DoubleVerify Shares Surge 13% on Nielsen Acquisition Deal
Markets Daniel Marsh

DoubleVerify Shares Surge 13% on Nielsen Acquisition Deal

DoubleVerify (DV) surged 13% after Nielsen agreed to acquire the ad-tech firm for $13.60 per share, leaving a 2.4% spread for investors.

DV
Vistra Stock Slips as Q2 EBITDA Jumps 31%, Full-Year Forecast Unchanged
Earnings James Calloway

Vistra Stock Slips as Q2 EBITDA Jumps 31%, Full-Year Forecast Unchanged

Vistra (VST) shares dropped 1.8% in early trading despite a 31% jump in adjusted EBITDA, as investors focused on flat full-year guidance and a dip in net income.

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Wendy's Cuts Dividend in Half, Withdraws 2026 Outlook as U.S. Sales Slump
Earnings James Calloway

Wendy's Cuts Dividend in Half, Withdraws 2026 Outlook as U.S. Sales Slump

Wendy's halves dividend to $0.07 per share and withdraws 2026 guidance after U.S. same-store sales dropped 7%, far worse than expected. The move frees up about $53.4 million annually.

WEN MCD QSR
AXIA Energia Shares Flat as R$7.7B Payout Plan Faces Scrutiny
Earnings James Calloway

AXIA Energia Shares Flat as R$7.7B Payout Plan Faces Scrutiny

AXIA Energia shares remained stable Friday after strong Q2 results and a R$7.7B capital return plan, though the program's non-binding nature tempers optimism.

Dividend Stocks' Appeal Wanes Despite Fed Pause Hopes
Analysis Daniel Marsh

Dividend Stocks' Appeal Wanes Despite Fed Pause Hopes

Fed rate hike odds fell to 43.9% after July payrolls declined, but dividend stocks' yield premium over Treasuries remains thin, offering little cushion.

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US Jobs Report Shows Unexpected Decline; Fed Rate Hike Odds Drop
Economy Daniel Marsh

US Jobs Report Shows Unexpected Decline; Fed Rate Hike Odds Drop

July nonfarm payrolls dropped by 23,000, far below expectations, while revisions cut May and June totals. Futures rose and September rate hike odds fell to 42.3%.

SPY QQQ CME JPM AMP
Nokia Gains on AI Deal, but Financial Terms Stay Under Wraps
Markets Daniel Marsh

Nokia Gains on AI Deal, but Financial Terms Stay Under Wraps

Nokia shares edged higher as it joined the Zankore AI project in Indonesia, but investors await clarity on contract economics.

NVDA JPM
Airbnb Stock Jumps 7% on AI Efficiency Gains and Strong Bookings
Earnings James Calloway

Airbnb Stock Jumps 7% on AI Efficiency Gains and Strong Bookings

Airbnb (ABNB) shares surged 7% in premarket trading after the company reported strong Q2 earnings, driven by AI efficiency gains and a 10% rise in bookings, prompting an upgraded 2026 outlook.

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Joby Aviation Climbs as Blade Drives Q2 Revenue Surge
Earnings James Calloway

Joby Aviation Climbs as Blade Drives Q2 Revenue Surge

Joby Aviation's stock gained 1.8% premarket after Q2 revenue surged 59% sequentially, with Blade contributing 93.7% of sales. The company's liquidity runway extends 2.7-2.9 years.

JOBY ACHR
Nasdaq Futures Rally as Soft Jobs Report Dims Rate Hike Prospects
Markets Daniel Marsh

Nasdaq Futures Rally as Soft Jobs Report Dims Rate Hike Prospects

U.S. stock futures rallied Friday after July payrolls unexpectedly declined, dampening rate hike expectations. Nasdaq 100 futures jumped 1.16% as Treasury yields slipped.

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