Aehr Test Systems Soars on Record Orders, Backlog Covers Up to 77% of FY2027 Target
Earnings James Calloway

Aehr Test Systems Soars on Record Orders, Backlog Covers Up to 77% of FY2027 Target

Aehr Test Systems (AEHR) shares jumped 5.9% on Tuesday and surged 27% after hours on record orders and a $100.6M backlog, covering 67%-77% of its fiscal 2027 revenue target.

AEHR
Transocean-Valaris Merger Spread Widens Amid Regulatory Delays
Markets Daniel Marsh

Transocean-Valaris Merger Spread Widens Amid Regulatory Delays

Transocean's stock decline widens the discount in its Valaris acquisition to 3.1%, representing $167 million in market uncertainty.

RIG VAL NE USO GLD
IREN Stock Declines Despite AI and Bitcoin Rally as Investors Focus on $1.3 Billion Execution Gap
Analysis Daniel Marsh

IREN Stock Declines Despite AI and Bitcoin Rally as Investors Focus on $1.3 Billion Execution Gap

IREN (NASDAQ:IREN) closed 1% lower on Tuesday, lagging the AI and bitcoin rallies. The market is pricing a $1.3 billion gap between contracted and targeted revenue.

IREN NVDA MSFT DELL CORZ CIFR WULF
Apple's $250 Target from KeyBanc Suggests $955B Market Cap Gap
Markets Daniel Marsh

Apple's $250 Target from KeyBanc Suggests $955B Market Cap Gap

Apple shares rose 9% in July but remain $955B below KeyBanc's $250 target. Analysts see risks from slower upgrades and higher costs.

AAPL GOOGL MSFT
SemiLEDs Shares Leap 47% on Equipment Resale Boost, LED Sales Show Progress
Earnings James Calloway

SemiLEDs Shares Leap 47% on Equipment Resale Boost, LED Sales Show Progress

SemiLEDs shares jumped 47% after equipment resales accounted for 94% of gross profit in Q3, while LED sales improved. Revenue surged to $9M, but customer concentration and going-concern risks remain.

LEDS
Carvana Soars 8% on Inflation Data, Spotlight on Lending Growth
Markets Daniel Marsh

Carvana Soars 8% on Inflation Data, Spotlight on Lending Growth

Carvana shares rose 8.29% as lower inflation boosted rate-cut hopes, with focus on its expanding financing operations.

CVNA KMX AN JEF
Bradesco ADR Rises on Currency Boost, Local Shares Fall
Markets Daniel Marsh

Bradesco ADR Rises on Currency Boost, Local Shares Fall

Bradesco's ADR rose 0.55% in New York, but local preferred shares fell 0.75% in São Paulo. The dollar's 1.12% drop against the real accounted for 68% of the ADR move.

Morgan Stanley Stock Holds Above Key Level Ahead of Q2 Earnings
Earnings James Calloway

Morgan Stanley Stock Holds Above Key Level Ahead of Q2 Earnings

Morgan Stanley shares closed at $227.67, up 2.98%, ahead of Q2 earnings. Analysts expect $19.7B revenue and $2.93 EPS, with focus on wealth management and capital markets.

MS GS JPM UBS
Plug Power Shares Rebound on $80M Asset Sale Plan; Texas Deal Key
Markets Daniel Marsh

Plug Power Shares Rebound on $80M Asset Sale Plan; Texas Deal Key

Plug Power stock gained 5% Tuesday after announcing asset sales that could bring in over $80 million, with the Texas transaction being the linchpin.

PLUG BE BLDP
Shuttle Pharma Stock Surges 41% on Massive Volume; Turnover Hits 82x Share Base
Markets Daniel Marsh

Shuttle Pharma Stock Surges 41% on Massive Volume; Turnover Hits 82x Share Base

Shuttle Pharma (SHPH) stock jumped 40.5% on Tuesday as volume reached 82.5 times its shares outstanding, fueled by insider trading and a small float.

SHPH
GE HealthCare Sheds $1.7B After HCA Warning on Surgery Volumes
Markets Daniel Marsh

GE HealthCare Sheds $1.7B After HCA Warning on Surgery Volumes

GE HealthCare shares tumbled 5.6% on Tuesday, erasing $1.7 billion in market value, after HCA Healthcare reported lower surgery volumes and a $400 million hit from a weaker payer mix.

GEHC HCA ISRG MDT IHI
AT&T's 12% Cash Yield Faces Starlink Test as Pricing Pressure Mounts
Markets Daniel Marsh

AT&T's 12% Cash Yield Faces Starlink Test as Pricing Pressure Mounts

AT&T shares edged up 0.8% over two days, even as Bernstein slashed its price target 17% citing Starlink threats. The stock's 12% free-cash-flow yield and 5.2% dividend offer value, but pricing moves and satellite competition keep investors cautious.

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