Latest News
Coinbase Stock Tumbles 14% as Q3 Revenue Outlook Weakens
Coinbase shares plunged 14% as Q2 results missed estimates and Q3 core revenue projections fell 13%, raising concerns about cost structure and margins.
Novo Nordisk Shares Plunge 9% as ZEUS Trial Fails to Show Cardiovascular Benefit
Novo Nordisk shares fell sharply after ZEUS trial data showed no significant cardiovascular benefit, wiping out $20.5 billion in market cap and underscoring heavy reliance on GLP-1 franchise.
Rivian Stock Slips Despite Q2 Beat as Vehicle Margins Remain a Concern
Rivian shares dropped 4.3% after Q2 results beat estimates but revealed automotive gross losses, with software and credits propping up profitability.
Western Union stock slides 11% as digital shift erodes per-transaction revenue
Western Union shares fell 11% after Q2 earnings missed estimates and full-year guidance was slashed, as digital transaction growth weighed on per-transaction revenue and margins.
Newell Brands Stock Soars 25% on First Sales Growth in Four Years
Newell Brands (NWL) surged 25% after posting its first core sales growth in over four years and receiving $126 million in tariff refunds, prompting a raised full-year forecast.
Replimune Rockets 131% on FDA Panel Backing for RP1
Replimune shares jumped 131% to $12.50 after an FDA panel voted 10-3 that RP1's efficacy data is interpretable and clinically important, adding nearly $600 million in market value.
Jersey Mike's IPO Stumbles: Shares Drop Below Offer Price
Jersey Mike's (JMKE) fell 5.96% on its NYSE debut, erasing $435M in market value—more than its IPO proceeds. The stock closed at $21.63.
SpaceX Lands $1.6B Space Force Deal, Yet Stock Slips
SpaceX won a $1.6B Space Force contract for 18 Falcon 9 launches, but the stock slipped 0.3% as investors weigh Starlink and AI prospects ahead of Q2 earnings.
Amazon Cloud Surge Drives Nasdaq Futures; Apple Slips
Nasdaq futures climb as Amazon's cloud strength offsets Apple's decline. Labor costs rise more than expected, influencing market outlook.
