Vivakor Shares Jump 37% on $1.09B Crude Platform; Q1 Margin at 7.8 bps
Markets Daniel Marsh

Vivakor Shares Jump 37% on $1.09B Crude Platform; Q1 Margin at 7.8 bps

Vivakor shares surged 37.3% to $2.91 after unveiling a $1.09 billion crude platform. Q1 supply-and-trading gross margin of 0.078% underscores thin profitability.

OLOX
Coinbase's Post-Clarity Act Rally Fades as Q2 Loss Forecast Looms
Crypto Sarah Chen

Coinbase's Post-Clarity Act Rally Fades as Q2 Loss Forecast Looms

Coinbase shares gave back Clarity Act gains, dropping 10% from Tuesday's high, as Q2 earnings outlook turns negative with a projected loss of $0.41 per share.

COIN
Nebius Group Plunges 15%, Erasing Nearly All of Tuesday's Surge
Markets Daniel Marsh

Nebius Group Plunges 15%, Erasing Nearly All of Tuesday's Surge

Nebius Group shares dropped 15% on Friday, erasing most of Tuesday's surge. The stock still gained 5.7% for the week.

NBIS NVDA MSFT META CRWV IREN
SK Hynix ADR Premium Widens to 28% as $750 Billion Supply Deal Looms
Markets Daniel Marsh

SK Hynix ADR Premium Widens to 28% as $750 Billion Supply Deal Looms

SK Hynix ADRs ended Friday 28% above parity with Seoul shares, driven by a massive $750 billion supply deal with U.S. tech companies. Earnings due Wednesday.

NVDA MU
Enterprise Products Partners' Yield Advantage Narrows Ahead of Q2 Report
Earnings James Calloway

Enterprise Products Partners' Yield Advantage Narrows Ahead of Q2 Report

Enterprise Products Partners' yield premium over Treasuries has narrowed to just 109 basis points as the market awaits its Q2 earnings report on July 30.

USO
Southwest Airlines Posts 20% Unit Revenue Surge; Fuel Hedging Gap Raises Risk
Earnings James Calloway

Southwest Airlines Posts 20% Unit Revenue Surge; Fuel Hedging Gap Raises Risk

Southwest Airlines (NYSE:LUV) reported a 20.1% jump in adjusted unit revenue, but with fuel hedges expiring in 2025, rising oil prices pose a significant risk to earnings. Q2 EPS of $0.94 beat expectations, but Q3 guidance of $0.50-$0.75 fell short.

LUV DAL UAL BA
Tempus AI Shares Tumble 19% as Personalis Deal Terms Come Under Scrutiny
Markets Daniel Marsh

Tempus AI Shares Tumble 19% as Personalis Deal Terms Come Under Scrutiny

Tempus AI shares dropped nearly 19% over the past week, closing at $42.69 and falling below both reference points in its proposed acquisition of Personalis.

TEM PSNL GH NTRA
Rocket Lab Shares Plunge 8.7%, Breaching Iridium Deal Floor
Markets Daniel Marsh

Rocket Lab Shares Plunge 8.7%, Breaching Iridium Deal Floor

Rocket Lab closed at $63.91, down 8.7%, breaching the $67.50 floor in its Iridium acquisition. Shares have fallen 34.8% in the past month.

RKLB IRDM ASTS LUNR RDW
Western Union Stock Slumps 7% on Q2 Earnings and Margin Concerns
Earnings James Calloway

Western Union Stock Slumps 7% on Q2 Earnings and Margin Concerns

Western Union shares dropped 7.4% for the week after Q2 earnings revealed digital revenue growth lagging transaction volume gains, with margins declining sharply.

WU IMXI RELY
Netflix Unveils $27B Buyback Plan Amid Slower Revenue Growth
Earnings James Calloway

Netflix Unveils $27B Buyback Plan Amid Slower Revenue Growth

Netflix's $27.1 billion buyback authorization could repurchase 9% of diluted shares. The plan outpaces current cash generation as revenue growth decelerates.

NFLX AMZN
Rio Tinto Shares Rise Ahead of H1 Results; Iron Ore Sales in Focus
Commodities Rebecca Torres

Rio Tinto Shares Rise Ahead of H1 Results; Iron Ore Sales in Focus

Rio Tinto shares rose 2.13% ahead of half-year results, as investors focus on iron ore sales growth and copper cost reductions.

RIO BHP
Schwab's Focus Shifts From Trading Boom to Fed Rate Sensitivity
Analysis Daniel Marsh

Schwab's Focus Shifts From Trading Boom to Fed Rate Sensitivity

Charles Schwab's record quarterly results highlight a pivot from trading-driven growth to interest rate sensitivity, with net interest income now nearly half of revenue.

SCHW IBKR