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Wearable Devices Shares Surge on Massive Trading Volume
Wearable Devices Ltd. saw its stock price surge 50.7% on Thursday, with trading volume reaching 11.5 times the total share count. Premarket activity remains elevated.
Lloyds shares inch up as buyback costs rise ahead of strategy update
Lloyds shares rose 0.9% to 113.42p, but higher buyback costs underscore the need for a strong strategy update on July 30.
AT&T's Buyback Efficiency Improves as Stock Dips Below H1 Average Cost
AT&T's stock dip below the first-half average buyback price of $25.49 enhances repurchase efficiency, with $5.57B remaining in the program.
Tesla Faces $16.7 Billion Capex Surge in Second Half of 2026
Tesla's capital expenditures surged to $5.79 billion in Q2 2026, driving negative free cash flow of $1.09 billion. The company projects over $25 billion in capex for the full year.
Hims & Hers Peptide Opportunity Tempered by FDA Timeline
Hims & Hers (HIMS) rose 3.4% after FDA advisers supported four unapproved peptides for compounding, but the final rule may take up to a year. Analysts estimate $440M in peptide sales by 2027.
SAP Shares Surge 6% on Cloud Backlog Strength, Despite Profit Outlook Cut
SAP shares rose 6.2% as cloud backlog growth of 26% exceeded forecasts, outweighing a reduced profit outlook. Market value increased by €9.8 billion.
Lockheed Martin Surges 10.5% on Raised Free Cash Flow Outlook and Record Backlog
Lockheed Martin (LMT) shares surged 10.5% after raising its 2026 free cash flow midpoint by $450 million, driven by a $450 million reduction in capital spending. Backlog hit a record $230.4 billion.
Oracle Stock Gains 2.5% on $7 Billion Pentagon Contract Despite Valuation Disparity
Oracle shares climbed 2.5% after-hours on a $7 billion Pentagon software contract, though the implied equity gain of $8.6 billion far exceeds the deal's maximum value, suggesting relief buying.
Intel Surges on AI Server Profit Surge; 79% Incremental Margin
Intel shares rose nearly 4% premarket after Q2 earnings beat, driven by a 79% incremental margin in data-center and AI revenue, which surged 59%.
Nu Holdings Shifts Focus to Deposits Ahead of Mexico Bank Launch
Nu Holdings (NYSE:NU) is set to launch banking services in Mexico on August 6, emphasizing deposit growth over customer acquisition.