Latest Stock Market News — Page 306

Markets Jul 27 Daniel Marsh

SELLAS Life Sciences Shares Slide 3.9% as Dilution Concerns Weigh on Valuation

SELLAS Life Sciences shares dropped 3.9% on Monday as the latest share count of 196.6 million suggests a $2.14 billion market cap, 14% above the live feed. The biotech awaits final REGAL trial data.

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Earnings Jul 27 James Calloway

Shopify Jumps 10% as Payments Drive Growth, Margins Under Scrutiny

Shopify shares jumped 10.2% as payments drove 84% of merchant-solutions revenue growth, but margin compression and rising transaction losses tempered investor enthusiasm.

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Markets Jul 27 Daniel Marsh

AMD Shares Tumble 7% on Delayed Helios Launch and Valuation Concerns

AMD shares dropped 7% to $485.66, losing roughly $60 billion in market cap, after the company's delayed Helios AI chip launches raised concerns about its high valuation.

AMD NVDA MSFT

Markets Jul 27 Daniel Marsh

Oracle Stock Recovers on $7B Pentagon Deal, AI Spending Concerns Linger

Oracle shares climbed 4.6% on a Pentagon deal worth up to $7 billion, but the annual cap is modest relative to revenue and AI spending pressures remain.

ORCL MSFT

Markets Jul 27 Daniel Marsh

ASML Shares Slide 6% on China DUV Machine Production Report

ASML shares dropped 6% after a report that China is producing immersion DUV machines, challenging the company's lithography market position.

ASML AMAT LRCX KLAC SOXX

Earnings Jul 27 James Calloway

JetBlue Shares Surge on Oil Drop Ahead of Q2 Earnings

JetBlue shares climbed 2.5% to $5.40 as falling oil prices lifted the airline sector ahead of Tuesday's Q2 earnings report.

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Markets Jul 27 Daniel Marsh

Huntington Bancshares Falls on Weak Interest Income, Merger Doubts

Huntington Bancshares shares fell 1.1% after net interest income missed expectations, leading to a Bank of America downgrade and raising questions about merger benefits.

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Technology Jul 27 Sarah Chen

IonQ Stock Surges on Quantum Deals, But Valuation Remains a Concern

IonQ stock gained 6.4% on quantum deals, but its $13B market cap and 49x revenue multiple keep valuation worries alive. D-Wave surged 16% on AT&T network optimization news.

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Markets Jul 27 Daniel Marsh

AMC Stock Rises on Record IMAX Revenue, But Dilution Woes Linger

AMC shares rose 3.1% following record IMAX revenue from 'The Odyssey,' but a 67% rise in diluted shares raises concerns about cash flow and shareholder value.

AMC IMAX CNK

Markets Jul 27 Daniel Marsh

Transocean and Valaris Shares Dip Amid Oil Price Slide; Merger Spread Narrows

Transocean and Valaris shares fell Monday as crude oil prices declined. The merger spread narrowed to 2.3%, with the next antitrust review stage set for July 31.

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Markets Jul 27 Daniel Marsh

Grid Emergency Tests AI Trading as Equipment Stocks Slide

U.S. markets opened with a grid emergency testing AI-driven energy trading, as shares of grid and data-center providers fell an average of 4.1%.

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Technology Jul 27 Sarah Chen

Rigetti Computing Jumps 7% on Hybrid Quantum Testbed Deal with HPE

Rigetti Computing (RGTI) stock gained 7.3% to $15.18 after revealing a hybrid quantum testbed project with HPE and the Pittsburgh Supercomputing Center, supported by a $5 million NSF grant.

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