SpaceX Stock Dips 7.2% as $200B AI Premium Faces Lockup Test
Markets Daniel Marsh

SpaceX Stock Dips 7.2% as $200B AI Premium Faces Lockup Test

SpaceX shares closed at $115.07, down 7.2% for the week, reflecting a $200 billion AI premium above Morgan Stanley's $100 non-AI valuation. A lockup expiry on August 6 may unlock 911.5 million shares.

MS
AT&T Stock Surges 10.6% as Fiber and Wireless Growth Offsets Copper Decline
Earnings James Calloway

AT&T Stock Surges 10.6% as Fiber and Wireless Growth Offsets Copper Decline

AT&T (NYSE:T) shares surged 10.6% last week as fiber and wireless growth nearly tripled the operating income drop from legacy copper, with strong subscriber additions.

T VZ TMUS
Ford Motor Faces $2.1B Profit Test Amid Sales Slide and Tariff Distortion
Earnings James Calloway

Ford Motor Faces $2.1B Profit Test Amid Sales Slide and Tariff Distortion

Ford Motor (NYSE:F) faces a $2.1 billion profit test as Q2 earnings approach, with U.S. sales down 10.3% and a $1.3 billion tariff benefit obscuring underlying trends.

F GM
American Airlines Stock Rises as Oil Price Drop Eases Cost Burden
Markets Daniel Marsh

American Airlines Stock Rises as Oil Price Drop Eases Cost Burden

American Airlines shares rose 3.9% in premarket trading after Brent crude dropped 8.8% to $88.30, easing fuel cost pressure that had consumed nearly all of the carrier's Q2 revenue growth.

AAL UAL DAL
Cleveland-Cliffs Surges 29% as Steel Prices Offset Shipment Drop
Earnings James Calloway

Cleveland-Cliffs Surges 29% as Steel Prices Offset Shipment Drop

Cleveland-Cliffs (CLF) shares surged 29% last week as higher steel prices more than offset a 2% decline in shipments. The company guided Q3 adjusted EBITDA to roughly $575 million.

CLF STLD NUE
SK hynix Shares Surge in Seoul as ADR Premium Widens Ahead of Record Earnings
Earnings James Calloway

SK hynix Shares Surge in Seoul as ADR Premium Widens Ahead of Record Earnings

SK hynix shares rose 3.24% in Seoul, with the ADR premium reaching 32.8% as market participants look forward to record earnings and new AI partnerships.

NVDA SSNLF
Nu Holdings Shares Rise on Brazil Bank License, Lower Regulatory Risk
Markets Daniel Marsh

Nu Holdings Shares Rise on Brazil Bank License, Lower Regulatory Risk

Nu Holdings shares advanced in U.S. premarket trading after the company secured a bank license in Brazil, a move that diminishes regulatory risk for the digital lender.

NU INTR STNE
SoFi Stock Rises in Premarket as Markets Eye Q2 Earnings and Key Margin Target
Earnings James Calloway

SoFi Stock Rises in Premarket as Markets Eye Q2 Earnings and Key Margin Target

SoFi shares advance 1.8% in premarket as investors await Q2 results, with key focus on the company's margin improvement trajectory toward a 38% target.

SOFI
Microsoft's $190B AI Capex Plan Faces Cash Flow Scrutiny Ahead of Earnings
Earnings James Calloway

Microsoft's $190B AI Capex Plan Faces Cash Flow Scrutiny Ahead of Earnings

Microsoft's massive AI investment, with capex at 66% of operating cash flow, faces investor scrutiny as Azure demand outpaces supply ahead of earnings.

MSFT META GOOGL
Bitcoin Edges Above $65K as ETF Outflows Cloud Whale Signal
Crypto Sarah Chen

Bitcoin Edges Above $65K as ETF Outflows Cloud Whale Signal

Bitcoin climbed 1.2% to $65,199 Monday, but a $198 million Kraken withdrawal flagged by Whale Alert likely reflects internal wallet reshuffling, not fresh accumulation. U.S. spot Bitcoin ETFs shed $465.2 million Thursday-Friday.

IBIT
Ondas Shares Surge 3.6% Premarket as $70M Orders Bolster Revenue Outlook
Markets Daniel Marsh

Ondas Shares Surge 3.6% Premarket as $70M Orders Bolster Revenue Outlook

Ondas stock gained 3.6% premarket following a 19.4% weekly rally, as $70 million in new orders signal strong demand and raise execution expectations.

ONDS
T3 Defense Stock Surges 39% Premarket on Project35 Deal Hopes
Markets Daniel Marsh

T3 Defense Stock Surges 39% Premarket on Project35 Deal Hopes

T3 Defense stock surged 39% in premarket trading as investors anticipate the closing of its Project35 acquisition, with the deal representing up to 78% of the company's implied equity.