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Defense Sector Interest Lifts Joby and Archer Aviation Stocks
Joby Aviation shares rose 3.4% and Archer Aviation surged 20.2% after defense partners detailed progress on hybrid and autonomous aircraft, with Joby completing a 148-mile flight and Archer targeting 2027 for Thunder's first flight.
StoneX Group Rises 2.3% Post-Stock Split Amid Data Feed Discrepancy
StoneX shares rose 2.33% to $70.26 on a split-adjusted basis, while certain data feeds displayed a misleading 32% drop due to unadjusted Friday closing prices.
Chipotle Stock Sheds $1.8 Billion as Outbreak Fallout Continues
Chipotle shares tumbled 4.1%, erasing $1.8 billion in market cap as the company grapples with the lingering impact of a recent outbreak. Foot traffic fell 6.9%.
Personalis Shares Slide on Tempus's $16.25 Bid, Meager 6% Premium Sparks Concerns
Personalis shares dropped 11.6% despite a $16.25 acquisition bid from Tempus AI, as the modest 6% premium and stock-based structure fueled investor skepticism.
Hut 8 Shares Jump 11.5% on Second $9.8B AI Lease, 2028 Delivery in Focus
Hut 8 shares rose 11.5% after securing a second $9.8 billion AI lease for 352 MW of capacity at Beacon Point, with Phase 2 delivery set for 2028.
Archer Aviation Soars 19% on Thunder Defense Aircraft Debut
Archer Aviation shares jumped 19% after unveiling the Thunder autonomous hybrid aircraft, developed with Anduril, aiming to diversify beyond air taxis.
Opendoor Stock Near $4.50 as Focus Shifts to Margin Trial and Breakeven Goal
Opendoor stock trades around $4.50 as the company aims for breakeven adjusted EBITDA in Q2. A 14% sequential drop in the cost bridge adds pressure ahead of August 4 results.
Nu Holdings Rises on Mexico Deposit Growth, Outpacing Customer Gains
Nu Holdings shares rose 3.5% as Mexico deposits outpace customer share, indicating deeper engagement. The company also received a banking license in Mexico.
Air Force Base Defense Plan May Split Spending Across Multiple Systems
The U.S. Air Force is exploring a modular base-defense approach that could spread spending across launchers, sensors, missiles, and command systems, reducing reliance on a single supplier.
Tempus AI Shares Near Deal Termination Threshold After 7.8% Drop
Tempus AI shares dropped 7.8% to $48.39, nearing the $46 threshold that could trigger a termination right for Personalis, wiping $730 million from market cap.
Sandisk's Monday Rebound Recovers Only Fraction of Recent Slide
Sandisk (SNDK) shares jumped 7.4% on Monday, recovering 17.8% of last week's steep 29.3% loss. The chip sector rebounded, but Sandisk's repair was the weakest among peers.