Latest News
QuantumScape Shares Dip 3.8% After PowerCo Caps Payments at $75.4M
QuantumScape shares slid 3.8% in after-hours trading after PowerCo cut maximum program payments by 42% to $75.4 million. The company reported a narrower loss and $859 million in liquidity.
Aurora Innovation Surges on 1,000-Truck Production Target
Aurora Innovation shares rose 4.8% after the company announced a goal of reaching a 1,000-truck annual production run-rate by year-end, highlighting robust order momentum.
TrumpRx Expansion to 800+ Drugs Heightens Tariff Risk for Generic Makers
Generic drug stocks fell after Trump announced tariffs up to 200% on imports by 2029, as TrumpRx expands to over 800 medications with 79 brand deals.
Capital One faces $110M quarterly interest cost delay from appeal
An appeal in Capital One's savings account settlement could delay $90.3M to $109.7M in quarterly rate costs by over a year.
PN Smart Energy Stock More Than Doubles on Record Volume Surge
Shares of PN Smart Energy (PN) more than doubled on Wednesday, closing at $9.34 after a 131.8% surge. Trading volume hit 11.4 million shares, well above the stated Class A total.
NovaGold Jumps 10% on Deal to Acquire Full Donlin Gold Stake
NovaGold shares surged 10.3% to $6.21 after agreeing to acquire Paulson Advisers' 40% interest in Donlin Gold, increasing legacy shareholders' effective stake to 65%.
Infosys Q1 Preview: Organic Growth Stalls as Stock Lags Nifty IT
Infosys shares have underperformed the Nifty IT index ahead of Q1 results due Thursday. Early projections show organic sequential growth near 1%, with acquisitions providing a tailwind.
SSI Payment Shift: August Disbursement Moved to July 31
August SSI payments of $5.4 billion will be issued July 31, resulting in two payments in July and none in August. Investors should watch for volatility in cash-flow data.
Gerdau Shares Gain as Hydropower Deal Strengthens Energy Cost Hedge
Gerdau's ADR climbed 2.7% to $4.77 after the company acquired a 23.03% stake in hydro generator DFESA for R$154 million, advancing its energy hedging strategy.
Texas Instruments Q2 Revenue Hits Record, Cash Conversion Surges
Texas Instruments (NASDAQ:TXN) reported record Q2 revenue of $5.46 billion, beating estimates and showing a surge in cash conversion to 95% of net income, excluding CHIPS Act grants.
Rani Therapeutics Soars 29%, Narrows Nasdaq Compliance Gap to 11%
Rani Therapeutics shares jumped 29.4% to $0.89, reducing the gap to Nasdaq's $1 minimum bid to about 11%. CEO Talat Imran's open-market purchase and promising Phase 1a results for RT-114 fueled the rally.
Huntington Bancshares Q2 Preview: Deal-Driven Growth Meets EPS Expectations
Huntington Bancshares (HBAN) closes up 0.6% ahead of Q2 earnings, with analysts eyeing deal-driven EPS growth amid integration costs and margin pressures.