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Snap Co-Founder's $550M Medical Debt Relief Estimated at $5.5M
Snap co-founder Evan Spiegel and Miranda Kerr's $550 million medical debt relief donation is estimated to have cost $5.5 million, based on typical debt portfolio discounts.
Lloyds Buyback Costs Rise as Share Price Nears Peak Ahead of Strategy Update
Lloyds Banking Group's share buyback becomes more expensive as the stock trades near its 52-week high, with the bank repurchasing shares at an average price of 113.42 pence.
Super Micro Shares Surge 24% on Margin Reset, $847 Million Profit Boost
Super Micro Computer shares surged 24% last week after the company revised its gross margin outlook, projecting $847 million in additional gross profit. The stock slipped 3.5% on Friday.
Tesla's $25B Capex Plan Spurs 18% Weekly Drop Amid Cash Flow Worries
Tesla shares slid 17.8% last week as a $25 billion-plus investment plan and negative free cash flow overshadowed record deliveries.
Pfizer Stock Dips 1.9% but Dividend Adjusts Decline
Pfizer ended Friday at $24.54, down 1.9% unadjusted, but dividend-adjusted returns fell just 0.16%. The FDA's priority review for Talzenna offers a key catalyst for Q4.
Opendoor Stock Plunges 15% as Mortgage Rates Hit 11-Month High
Opendoor shares fell nearly 15% in a week as mortgage rates hit 6.58%, the highest since August 2025, stoking fears of slower home sales and extended inventory.
Apple Gains as Capital-Light AI Strategy Wins Over Investors
Apple shares jumped 3.5% on Friday as investors favored its capital-efficient AI approach over Alphabet's heavy spending, with free cash flow reaching $78.3 billion.
Snap Shares Slip as Non-Ad Revenue Drives 80% of Q1 Growth
Snap shares dropped 1.4% to $4.35, extending losses as non-advertising revenue drove 80% of Q1 growth. Q2 results are due on Aug. 3.