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Wisconsin Tornado: Repair Costs Overshadow Lost Sales for US Stocks
The EF-2 tornado in Wisconsin caused localized damage to WEC Energy, Oshkosh, and Illinois Tool Works. Repair costs are expected to be the primary financial impact, exceeding lost sales.
T-Mobile Restores Network After Outage, Churn Remains Key Risk
T-Mobile US (TMUS) has restored service after a major outage, but analysts highlight ongoing churn risks. Shares edged up 0.8% in premarket trading.
Gossamer Bio Surges on FDA Filing Update; Cash Covenant Looms
Gossamer Bio shares surged 46% on FDA feedback supporting its seralutinib NDA filing. Cash covenant and dilution risks persist.
Sandisk Shares Tumble 11% as China NAND Probe Sparks $49B Valuation Hit
Sandisk shares tumbled 11% to $1,278.23, wiping out $49.2 billion in market cap over two sessions, as a China NAND probe raised supply concerns.
Nokia Shares Edge Up Amidst €2.8B AI Orders and Insider Buying
Nokia shares inched up 1% to €8.01 following €2.8B in AI orders, insider buying, and mixed Q2 results. Revenue conversion and cash flow remain key investor concerns.
American Airlines Stock Rebounds on Oil Slide, Fuel Costs Still a Drag
American Airlines stock recovered as oil prices fell, but fuel costs remain a key concern. A 10-cent per gallon increase adds $460M in annual expenses.
Ondas Shares Dip Premarket on Pentagon Drone Production Gaps
Ondas (ONDS) shares slipped 1.5% in premarket trade amid concerns over Pentagon drone shortfalls that could test its recent surge in orders.
Celestica Soars 8% After Raising Full-Year Guidance, Q4 Revenue Implied at $6.35B
Celestica shares surged 8% after raising its 2026 outlook, with Q4 revenue implied at $6.35 billion and adjusted EPS at $3.62, driven by robust AI and cloud demand.
D-Wave Quantum Soars 20% on AT&T Deal, Adding $1.2 Billion in Market Value
D-Wave Quantum shares jumped 20.4% on Monday following an expanded partnership with AT&T, adding $1.21 billion to its market cap.
Intel Holds Steady in Premarket as AI Server Demand Boosts Earnings Outlook
Intel shares slipped 0.7% in premarket, outperforming peers, as AI server demand drove a 59% surge in data center revenue and Q3 guidance beat consensus.
South Korea's KOSPI Plunges 10.8% as Chip Rout Deepens on AI Worries
The KOSPI suffered its steepest one-day loss since March, sliding 10.8% as chip giants SK Hynix and Samsung Electronics tumbled on AI demand fears and Chinese competition worries.
