Latest Stock Market News — Page 341

Markets Jul 27 Daniel Marsh

ASML Shares Slide 6% on China DUV Machine Production Report

ASML shares dropped 6% after a report that China is producing immersion DUV machines, challenging the company's lithography market position.

ASML AMAT LRCX KLAC SOXX

Earnings Jul 27 James Calloway

JetBlue Shares Surge on Oil Drop Ahead of Q2 Earnings

JetBlue shares climbed 2.5% to $5.40 as falling oil prices lifted the airline sector ahead of Tuesday's Q2 earnings report.

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Markets Jul 27 Daniel Marsh

Huntington Bancshares Falls on Weak Interest Income, Merger Doubts

Huntington Bancshares shares fell 1.1% after net interest income missed expectations, leading to a Bank of America downgrade and raising questions about merger benefits.

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Technology Jul 27 Sarah Chen

IonQ Stock Surges on Quantum Deals, But Valuation Remains a Concern

IonQ stock gained 6.4% on quantum deals, but its $13B market cap and 49x revenue multiple keep valuation worries alive. D-Wave surged 16% on AT&T network optimization news.

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Markets Jul 27 Daniel Marsh

AMC Stock Rises on Record IMAX Revenue, But Dilution Woes Linger

AMC shares rose 3.1% following record IMAX revenue from 'The Odyssey,' but a 67% rise in diluted shares raises concerns about cash flow and shareholder value.

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Markets Jul 27 Daniel Marsh

Transocean and Valaris Shares Dip Amid Oil Price Slide; Merger Spread Narrows

Transocean and Valaris shares fell Monday as crude oil prices declined. The merger spread narrowed to 2.3%, with the next antitrust review stage set for July 31.

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Markets Jul 27 Daniel Marsh

Grid Emergency Tests AI Trading as Equipment Stocks Slide

U.S. markets opened with a grid emergency testing AI-driven energy trading, as shares of grid and data-center providers fell an average of 4.1%.

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Technology Jul 27 Sarah Chen

Rigetti Computing Jumps 7% on Hybrid Quantum Testbed Deal with HPE

Rigetti Computing (RGTI) stock gained 7.3% to $15.18 after revealing a hybrid quantum testbed project with HPE and the Pittsburgh Supercomputing Center, supported by a $5 million NSF grant.

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Markets Jul 27 Daniel Marsh

Edible Garden Surges 37% on Walmart Deal Despite Margin Concerns

Edible Garden shares surged 37% after Walmart expanded its fresh-cut herb distribution. Q1 revenue rose 22.9% but gross margin fell to -31.4%, raising concerns about profitability.

EDBL WMT

Earnings Jul 27 James Calloway

Plug Power Shares Drop Amid Cash Burn Concerns Despite $80M Boost

Plug Power shares slipped 0.5% to $2.08 as operating cash burn surged 42%, overshadowing an $80 million liquidity boost from asset disposals.

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Markets Jul 27 Daniel Marsh

Capricor Therapeutics Plunges 67% on FDA Concerns Over Deramiocel Efficacy

Capricor Therapeutics shares plummeted 67% after FDA staff flagged concerns about deramiocel's efficacy data, wiping out $766 million in market value ahead of a key advisory committee vote.

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Technology Jul 27 Sarah Chen

Super Micro Shares Slide as $60B AI Orders Raise Liquidity Concerns

Super Micro shares dipped 3.3% as a semiconductor rout offset recent margin gains, with investors eyeing the company's ability to convert $60 billion in AI orders into cash.

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