Latest Stock Market News — Page 307

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%.

GEV ETN PWR VRT SPY XLU

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.

RGTI HPE QBTS T IONQ QUBT

Markets Jul 27 Daniel Marsh

Edible Garden Surges 37% on Walmart Deal Despite Margin Concerns

Edible Garden shares surged 37% after Walmart expanded its fresh-cut herb distribution. Q1 revenue rose 22.9% but gross margin fell to -31.4%, raising concerns about profitability.

EDBL WMT

Earnings Jul 27 James Calloway

Plug Power Shares Drop Amid Cash Burn Concerns Despite $80M Boost

Plug Power shares slipped 0.5% to $2.08 as operating cash burn surged 42%, overshadowing an $80 million liquidity boost from asset disposals.

PLUG BE BLDP FCEL

Markets Jul 27 Daniel Marsh

Capricor Therapeutics Plunges 67% on FDA Concerns Over Deramiocel Efficacy

Capricor Therapeutics shares plummeted 67% after FDA staff flagged concerns about deramiocel's efficacy data, wiping out $766 million in market value ahead of a key advisory committee vote.

CAPR SRPT EWTX DYN XBI

Technology Jul 27 Sarah Chen

Super Micro Shares Slide as $60B AI Orders Raise Liquidity Concerns

Super Micro shares dipped 3.3% as a semiconductor rout offset recent margin gains, with investors eyeing the company's ability to convert $60 billion in AI orders into cash.

SMCI NVDA AMD DELL HPE

Earnings Jul 27 James Calloway

Sandisk Shares Tumble 11% as EPS Forecasts Exceed Company Guidance

Sandisk shares dropped 11% after analyst EPS estimates topped the company's guidance, with the stock swinging from a 5.3% gain to a 14.5% decline.

SNDK MU WDC

Markets Jul 27 Daniel Marsh

Lion Group Holding Surges as Trading Volume Skyrockets

Lion Group Holding (NASDAQ:LGHL) surged 70% on Monday, with trading volume reaching 42.8 million ADSs, 82 times Friday's level, driven by liquidity and position changes.

Markets Jul 27 Daniel Marsh

Cracker Barrel Shares Slide 2.5% as CEO Change Highlights Pricing Concerns

Cracker Barrel shares dropped 2.5% to $52.39 after naming David Deno as CEO, replacing Julie Felss Masino. The move comes amid continued sales pressure and a high valuation multiple.

CBRL DRI TXRH EAT BLMN

Markets Jul 27 Daniel Marsh

Berkshire Closes $6.8B Taylor Morrison Buyout; Trading Halted

Berkshire Hathaway finalized its $6.8 billion all-cash takeover of Taylor Morrison. Shareholders receive $72.50 per share, with trading halted after Friday's close.

BRK.B TMHC DHI LEN PHM

Crypto Jul 27 Sarah Chen

BitMine Shares Jump 13% on Buyback That Boosts Ether Per Share

BitMine (BMNR) shares climbed 12.8% to $17.81 after the company's buyback program drove a 1.2% increase in ether per share, with repurchases accounting for 86% of the gain.

BMNR SBET MSTR

Markets Jul 27 Daniel Marsh

U.S. Stocks Rally as Iran Tensions Ease, Oil Prices Plunge

U.S. stocks rallied as a halt in U.S.-Iran hostilities drove oil prices down more than 6%, lifting travel stocks and easing inflation concerns.

UAL CCL RCL LUV XOM OXY CME GLD USO

Latest News