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Apple's Valuation Hinges on Services Profit Engine
Apple's stock trades at 38.6 times earnings, with services contributing 42.4% of gross profit. Analysts see limited upside, next earnings due Oct 29.
Grab Shares Slide 7.5% on $2.39B Cash Outlay for Atome and Buyback
Grab shares dropped 7.5% after announcing $2.39B in cash commitments for Atome and buybacks. Analysts stay bullish, but credit quality is a key risk.
Aramco Shares Dip After Houthi Attack Claim Tests Export Hedge
Aramco shares slipped 0.47% after an intercepted attack on Riyadh and a Houthi claim of damage to Yanbu facilities. First-half free cash flow fell 10% even as profit rose, testing the company's export hedge.
NASA Awards SpaceX $946M for Three Crew Missions Through 2030
NASA awards SpaceX $946 million for three additional crew missions, raising contract total to $5.92B. SPCX shares fell 1.36% on heavy volume.
Nokia Rejoins EURO STOXX 50 as ADRs Surge on Index Inclusion
Nokia's ADRs rose 0.75% to $10.68 on Friday, with volume 2.15x the average, as the stock rejoins the EURO STOXX 50 on Monday. The index inclusion may boost demand from ETFs and structured products.
Once Upon a Farm Stock Dips 8% Below IPO; Garner Stake Valued at $50.6M
OFRM closed 8% below IPO price. Jennifer Garner's stake valued at $50.6M. Q2 sales surged 42% but gross margin fell 4.8 points.
ExxonMobil Eyes Venezuela Return as Shares Hold Steady
ExxonMobil is negotiating a possible return to Venezuela's Orinoco Belt, with shares barely moving. Investors await deal terms, not barrel counts.
MP Materials Slides 4.3% on Shenghe Takeover Speculation
MP Materials shares dropped 4.3% on reports of China Rare Earth's takeover talks with Shenghe Resources, which owns 3% of MP. The move highlights supply-chain security concerns.
Fidelity Reports Record IRA Balances as Contributions Surge 36%
Fidelity's average IRA balance reached a record $144,523 in Q2 2026, driven by strong markets and a 36% jump in contributions.
AMD Radeon RX 10800 XT Rumors Unverified; Gaming Segment Slips
AMD's unconfirmed RX 10800 XT claims lack official backing. Gaming revenue dropped 31% to $779M, just 6.8% of Q2 sales, while data center leads growth.
Oracle's $18B Data-Center Debt Stirs Financing Worries
Oracle's $18B data-center loans for Project Jupiter are quoted at 89-91 cents, raising financing concerns as shares fell 1.98% to $147.61.
Everpure's 6.9x Sales Multiple Hinges on Wednesday's Cash Flow Clarity
Everpure (NYSE:P) closed at $104.14 with volume 18x average, but shares barely moved. All eyes are on Wednesday's analyst meeting for cash-flow and margin targets.