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Archer Aviation (ACHR) Weekly Gains Slip Amid Unclear Halo Contract Details
Archer Aviation (ACHR) closed at $4.77, up 7.4% weekly, but 62% of Monday's spike was erased. The Halo reveal with Anduril lacked pricing and delivery details.
Crypto Stocks Slide as Senate Ethics Dispute Erodes Policy Gains
Shares of Coinbase, Circle, and Robinhood dropped 11% on average as the Clarity Act premium faded amid a Senate ethics dispute.
Salmonella Outbreak Tied to 98 Cases, Egg Recall Minimal for Supply
A salmonella outbreak linked to Midwest Poultry Services eggs has sickened 98 people across 17 states, with 26 hospitalized. The recall of 1.59 million dozen eggs is minimal relative to U.S. output, but brand risks for Kroger and Cal-Maine Foods remain.
CoreWeave Stock Slips as AI Spending Concerns Weigh on Markets
CoreWeave shares slipped 11.4% on Friday as AI funding concerns persisted, while IREN and Nebius posted weekly gains. Alphabet's capex hike and Google Cloud's 82% revenue growth underscored industry cash flow dynamics.
WBD Stock Discount Widens Beyond Regulatory Delay Fee
WBD shares ended Friday at $25.77, creating a $5.23 gap from the $31 takeover offer, far exceeding the ticking fee of $0.68 per share.
Plug Power Dips 4.6% as $50M Texas Sale Nears Liquidity Inflection
Plug Power (PLUG) closed 4.6% lower at $2.09 on Friday. The company expects $50 million from its Texas project by July 31, a key liquidity event.
Uber Market Cap Drops $6 Billion on Waymo Partnership Breakup Fears
Uber shares slid 4.3% on Friday, wiping out $6.1 billion in market value, following a report that Waymo is considering ending their robotaxi partnership.
