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Palantir Shares Dip Despite Navy Contract Expansion, AI Competition Heats Up
Palantir Technologies shares declined 1.5% to $152.77 on Wednesday despite adding supplier Keel to its U.S. Navy ShipOS project. The drop coincided with broader software weakness and news that OpenAI will supply AI models to defense agencies.
Macy's Shares Surge on Q4 Beat, but Tariff and Margin Pressures Loom
Macy's shares climbed 4.8% to $17.72 following stronger-than-anticipated fourth-quarter results, though management issued cautious 2026 projections amid tariff pressures and store closures.
Swarmer Soars Post-IPO as Battle-Tested Drone Software Captures Investor Interest
Swarmer shares skyrocketed 77% to $55, building on a 520% first-day pop from its $5 IPO price. The drone software firm, with over 100,000 combat missions in Ukraine, faces significant financial challenges and customer concentration risks.
MARA Stock Drops Amid Bitcoin Decline and Fed Uncertainty
MARA Holdings shares declined alongside Bitcoin after the Federal Reserve held rates steady, with the company posting a significant annual loss and executives filing to sell shares.
Bitmine Shares Drop 7.8% as Ether Slumps Following Fed Decision
Bitmine shares declined 7.8% in extended trading Wednesday, pressured by a 5.9% drop in ether following the Federal Reserve's policy announcement. The company holds 4.6 million ETH and reported $11.5 billion in total assets.
Opendoor Shares Slide Amid Fed's Hawkish Stance, Housing Market Strain
Opendoor Technologies shares dropped 5.0% to $5.28 after the Federal Reserve maintained interest rates, exacerbating pressure on its home-flipping model. Broader market declines and persistent high borrowing costs contributed to the selloff.
AI Disruption Threatens Entry-Level Jobs, CEOs Warn of Graduate Unemployment Spike
Top executives from ServiceNow and BlackRock caution that artificial intelligence is rapidly displacing entry-level white-collar positions, potentially pushing graduate unemployment into the mid-30 percent range within years.
Trade Desk Stock Slides on Agency Rift, Analyst Downgrades
The Trade Desk stock declined for a second consecutive session following Publicis Groupe's decision to stop recommending its platform to clients, which triggered multiple Wall Street rating cuts.
AI Storage Demand Fuels SanDisk Rally Amid Valuation Debate
SanDisk shares advanced 4.6% as analysts highlight sustained AI-driven flash storage demand in data centers. The company posted a 61% year-over-year revenue jump and extended its supply agreement with Kioxia through 2034.
Mortgage Rates Hold Near 6.3% as Fed Stays Put, Cooling Refinance Demand
Following the Federal Reserve's decision to maintain its benchmark interest rate, the average 30-year fixed mortgage rate held near 6.3% this week. Mortgage applications fell sharply, led by a 19% drop in refinancing activity.
Iran Threats Spark 5% Oil Surge, Brent Tops $108 Amid Gulf Tensions
Oil prices jumped sharply as Iran threatened strikes on Gulf energy infrastructure, pushing Brent crude up 5% to $108.56 a barrel. The escalation offset a large U.S. crude inventory build, with traders focused on geopolitical risks.