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QuantumScape Recovers $180M After Steep Weekly Drop, But 70% Loss Lingers
Technology Sarah Chen

QuantumScape Recovers $180M After Steep Weekly Drop, But 70% Loss Lingers

QuantumScape recouped $180 million on Monday, but 70% of last week's $600 million loss remains. PowerCo's reduced payment cap and execution risks weigh on the stock.

QS
Infosys Rises 3.7% on IT Sector Rebalancing Despite Guidance Cut
Markets Daniel Marsh

Infosys Rises 3.7% on IT Sector Rebalancing Despite Guidance Cut

Infosys shares rose 3.68% on Monday after Jefferies added the stock to its model portfolio, though the rally was driven by sector rebalancing rather than earnings strength.

INFY JEF
Dow Closes Up 262 Points as Broad Rally Offsets Chip Sector Drag
Markets Daniel Marsh

Dow Closes Up 262 Points as Broad Rally Offsets Chip Sector Drag

The Dow rose 262 points, or 0.51%, to 52,209.69, as broad-based strength in blue chips countered weakness in semiconductor stocks. The S&P 500 edged up 0.02% while the Nasdaq slipped 0.18%.

CRM AXP MSFT SHW GOOGL CAT GS NVDA AMZN AAPL
Dow Leads Wall Street Higher as Investors Rotate from AI Chip Stocks
Markets Daniel Marsh

Dow Leads Wall Street Higher as Investors Rotate from AI Chip Stocks

Wall Street advanced Monday as the Dow led gains, offsetting AI chip sector losses. Investors rotated into consumer staples and health care ahead of the Fed's rate decision and key economic data.

NVDA AMD MSFT AMZN META AAPL
Gossamer Bio Stock Jumps on FDA Filing Update, but Cash and Dilution Risks Remain
Markets Daniel Marsh

Gossamer Bio Stock Jumps on FDA Filing Update, but Cash and Dilution Risks Remain

Gossamer Bio shares surged after an FDA filing update, but cash concerns and potential dilution continue to weigh on the stock.

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Palantir Surges 7% on Bullish Revenue Forecast, But Valuation Looms Large
Earnings James Calloway

Palantir Surges 7% on Bullish Revenue Forecast, But Valuation Looms Large

Palantir shares rallied 7% on Monday after Oppenheimer projected second-quarter revenue growth of 84-85%, but the stock's sky-high valuation remains a key risk.

PLTR OPY NOW DDOG SNOW QQQ
Joby Aviation Stock Rebounds 4.8% as Earnings Test Looms
Earnings James Calloway

Joby Aviation Stock Rebounds 4.8% as Earnings Test Looms

Joby Aviation shares climbed 4.8% to $7.26, trading above average volume, as the company's premium valuation faces scrutiny ahead of August 5 earnings.

JOBY ACHR
From Dive Sites to Air Force One: The Vast Price Gap in Retired 747s
Earnings James Calloway

From Dive Sites to Air Force One: The Vast Price Gap in Retired 747s

Retired 747s range from a $100,000 reef-destined jet to a $200 million U.S. support aircraft. Boeing (BA) shares edged up 1.2% as services margins outpaced defense. Earnings due Tuesday.

BA LHX
Micron Shares Slide as CXMT IPO Sparks DRAM Oversupply Fears
Markets Daniel Marsh

Micron Shares Slide as CXMT IPO Sparks DRAM Oversupply Fears

Micron (MU) dropped 4.3% after CXMT's massive IPO raised fears of DRAM oversupply, wiping out $45 billion in value. The market reacted to pricing concerns.

MU
Hecla Mining Lags Silver Rally as Earnings Forecasts Slump Ahead of Q2 Report
Commodities Rebecca Torres

Hecla Mining Lags Silver Rally as Earnings Forecasts Slump Ahead of Q2 Report

Hecla Mining shares declined 0.8% even as spot silver rose 1.3%, with Q2 earnings forecasts slashed by 22% over the past three months. The company reports after the bell on Aug. 4.

HL CDE PAAS SLV
SoundHound AI Gains as Merger with LivePerson Poised to Boost Revenue Per Share
Markets Daniel Marsh

SoundHound AI Gains as Merger with LivePerson Poised to Boost Revenue Per Share

SoundHound AI rose 4.2% on Monday as preliminary merger data suggests combined revenue per share could double, though the stock remains below the $7 exchange floor.

SOUN LPSN AI BBAI
IREN Shares Dip as AI Cloud Growth Takes Center Stage
Markets Daniel Marsh

IREN Shares Dip as AI Cloud Growth Takes Center Stage

IREN shares dropped 3.3% to $35.85 while Bitcoin gained 0.5%, as market focus shifts from crypto proxy to AI data center performance.

IREN MSFT NVDA