IREN Shares Slide 9% as AI Revenue Growth Lags Multi-Billion Dollar Target
Markets Daniel Marsh

IREN Shares Slide 9% as AI Revenue Growth Lags Multi-Billion Dollar Target

IREN shares fell 9% to $34.83 on Thursday as investors scrutinize the gap between reported AI revenue and the $4.4 billion ARR target, amid a broader AI infrastructure selloff.

IREN NBIS CIFR APLD MSFT NVDA DELL UBS
Nvidia Shares Dip as Japan AI Order Highlights Demand Uncertainty
Markets Daniel Marsh

Nvidia Shares Dip as Japan AI Order Highlights Demand Uncertainty

Nvidia shares declined 2.35% in premarket trading even after news of a Japanese AI factory order, as broader semiconductor weakness and demand concerns persist.

NVDA AMD TSM GOOGL
Nokia Shares Plunge 21% Ahead of Q2 Report on AI Cost Pressures
Markets Daniel Marsh

Nokia Shares Plunge 21% Ahead of Q2 Report on AI Cost Pressures

Nokia shares fell 21% over six sessions, wiping out €13.5 billion in market cap, as AI-related cost warnings from Ericsson and analyst downgrades pressure the stock.

Ondas Shares Dip as DZYNE Block Adds Supply Pressure
Markets Daniel Marsh

Ondas Shares Dip as DZYNE Block Adds Supply Pressure

Ondas Inc. shares slipped 1.2% premarket as a 40 million-share DZYNE resale block raises supply concerns, despite management's bullish revenue forecast.

ONDS RCAT UMAC AVAV LMT
Coca-Cola Edges Up Pre-Market as Fairlife Cyber Attack Highlights $6.2B Stake
Markets Daniel Marsh

Coca-Cola Edges Up Pre-Market as Fairlife Cyber Attack Highlights $6.2B Stake

Coca-Cola shares edged higher in premarket trading after a ransomware attack disrupted fairlife production, highlighting the company's $6.2 billion investment in the dairy brand.

KO PEP KDP
AtaiBeckley Merger Value Reflects 14% of CVR Face Value
Markets Daniel Marsh

AtaiBeckley Merger Value Reflects 14% of CVR Face Value

AtaiBeckley shares trade at $7.091, 34 cents above Eli Lilly's cash offer, implying a CVR value of 13.6% of its maximum $2.50 face value.

ATAI LLY GHRS
ARK Invest's SpaceX Wager Shows Paper Loss Ahead of Lockup Expiry
Markets Daniel Marsh

ARK Invest's SpaceX Wager Shows Paper Loss Ahead of Lockup Expiry

ARK Invest's recent SpaceX purchase is underwater by $1.09M premarket as lockup expiration looms. SpaceX is now ARKK's second-largest holding at 4.36%.

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Nebius shares plunge 14% as asset-light AI model raises funding concerns
Markets Daniel Marsh

Nebius shares plunge 14% as asset-light AI model raises funding concerns

Nebius Group (NBIS) shares tumbled 13.9% on Thursday after the company outlined an asset-light expansion model, raising questions about its funding strategy.

NBIS NVDA CRWV
Iovance Stock Rises on Strong Amtagvi Sales Outlook
Markets Daniel Marsh

Iovance Stock Rises on Strong Amtagvi Sales Outlook

Iovance Biotherapeutics gained 10.2% as attention shifts to Amtagvi's second-half sales target of $95.8M-$105.8M per quarter.

IOVA XBI
Micron Stock Slides Despite Auto Deals as Data Center Dominance Remains Key
Analysis Daniel Marsh

Micron Stock Slides Despite Auto Deals as Data Center Dominance Remains Key

Micron shares dropped 5.65% on Thursday, with data center segments contributing 61% of revenue versus 11.2% from auto. New auto deals offer stability but can't shift focus from hyperscaler demand.

MU QCOM WDC SNDK GOOGL
Opendoor Stock Climbs 27% in Two Days as Earnings Season Nears
Earnings James Calloway

Opendoor Stock Climbs 27% in Two Days as Earnings Season Nears

Opendoor shares surged 27% over two days, with trading volume reaching 26.9% of outstanding shares. Investors focus on upcoming earnings as housing market challenges persist.

OPEN
Intuitive Surgical Stock Dips on Slower H2 Growth Outlook Despite Q2 Beat
Earnings James Calloway

Intuitive Surgical Stock Dips on Slower H2 Growth Outlook Despite Q2 Beat

Intuitive Surgical shares dropped 11.3% premarket as the company's outlook for slower second-half da Vinci procedure growth overshadowed a strong Q2 earnings beat.

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