Latest News
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.
NIO Shares Edge Up as Firefly's Habitat Premium Raises Profitability Questions
NIO ADRs rose 0.7% to $4.92 after Firefly's Habitat launched at a 11.3% premium. Onvo and Firefly drove 90% of Q2 delivery growth, raising margin concerns.
IonQ Leads in Revenue Amidst Higher Quantum Competitor Valuations
IonQ's Q1 revenue of $64.7M dwarfs Quantinuum and QUBT's combined $8.9M, yet their valuations surpass IonQ by 30%, highlighting a key divergence in quantum computing stocks.
Robinhood Rises on $1.7B Revenue Forecast; SpaceX Drops Below IPO Price
Robinhood stock rose 1.2% as Bernstein boosted its price target to $160, projecting $1.7 billion in prediction-market revenue by 2028. SpaceX shares slipped 0.8% to $123, trading below their IPO price.
Jersey Mike's IPO Primarily Benefits Existing Shareholders, Debt Reduction Minimal
Jersey Mike's upcoming IPO sees 68.3% of shares sold by existing holders, with net proceeds of ~$301M reducing debt by only 14.3%. Blackstone retains voting control.
AST SpaceMobile Stock Dips After $1B Fundraise Highlights Launch Delay Risk
AST SpaceMobile stock dropped 2.1% after a $1 billion fundraising highlighted a potential delay in its satellite launch. The company now targets early 2027 for 45 BlueBird satellites, revising its end-of-2026 goal.
VTI's Broader Market Exposure Fails to Outperform VOO During Downturns
Despite holding 3,025 additional stocks, VTI underperformed VOO during three major market selloffs, with gaps up to 1.35 percentage points.
ServiceNow Stock Slips as Backlog Growth Takes Center Stage Ahead of Earnings
ServiceNow shares declined 2.7% as investors scrutinized the company's cRPO growth guidance of 19%, which trails its subscription revenue target of 22.5%, ahead of Q2 earnings.
