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Intel Smashes Q2 Estimates on AI Server Strength, Shares Surge
Intel's Q2 earnings beat expectations thanks to robust AI server profits, with revenue and EPS surpassing estimates. Shares climbed 5% after-hours.
Sky Quarry Stock Surges on Record Trading Volume Ahead of Refinery Restart
Sky Quarry shares surged 34.4% on heavy trading volume, far exceeding the company's total outstanding shares, as speculation builds around a planned refinery restart in Nevada.
Lowe's Valuation Gap Widens as EPS Growth Outpaces Home Depot
Lowe's shares slipped 1.5% to $201.33, trading at 16.1 times earnings versus Home Depot's 21.7, despite stronger adjusted EPS growth.
Joby Aviation Shares Dip as UK Deal Spotlights Cash Runway to 2028
Joby Aviation shares declined as its Virgin Atlantic deal underscores a cash runway to 2028, matching the UK's target for commercial eVTOL flights. The stock fell 1.7% in New York trading.
Huntington Bancshares Slips 5% on Deposit Cost Pressure Despite Strong Organic Growth
Huntington Bancshares shares dropped 5.1% on Thursday as rising deposit costs and a declining net interest margin overshadowed strong organic deposit growth.
Mortgage Rate Surge Squeezes Homebuilder Margins as 7% Looms
Daily U.S. mortgage rates climbed to 6.85%, the highest in 13 months, widening the spread with Freddie Mac's weekly average and signaling fresh margin pressure on homebuilders.
Nuvve Holdings Plunges 46% as Nasdaq Suspension Looms Over Capital Deficit
Nuvve Holding Corp. (NASDAQ:NVVE) shares plummeted 46% on Thursday after Nasdaq announced a suspension due to a capital shortfall, with trading expected to shift to OTC markets.
Plug Power Holds at $2.21 as $80M Liquidity Push Meets Cash Burn Concerns
Plug Power shares traded near $2.21 as the company seeks $80 million in liquidity to cover about half of its quarterly cash burn. Unrestricted cash stood at $162 million as of June 30.
M&T Bank Boosts Borrowing to Fuel Loan Growth Amid Record Earnings
M&T Bank posted record quarterly earnings but turned to borrowings to fund loan growth as deposits fell. Shares slipped 2.2%.
FDA Panel Backs BPC-157 Compounding; Hims & Hers Surges
Hims & Hers shares gained 6.4% after FDA advisers voted to recommend BPC-157 for compounding, a move that could open a new U.S. sales channel.
NovoCure Jumps 29% on Record Sales, Raised 2026 Guidance
NovoCure shares surged 29% on record Q2 sales and a raised 2026 outlook, with revenue topping consensus by 6.5% and adjusted EBITDA turning positive.
