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NextCure Shares Skyrocket on Merger Deal, But Investors Eye Cash Payout
NextCure shares jumped 176.6% on merger news with Avere Therapeutics, but existing holders will own just 1.21% of the combined firm, focusing on a possible cash payout.
DP World's Fujairah Plan Targets Jebel Ali's 28% Volume Share Amid Hormuz Tensions
DP World's Fujairah port plan seeks to diversify away from Jebel Ali, which accounted for 27.8% of consolidated container volume in 2025, as geopolitical risks in the Strait of Hormuz intensify.
Intel Stock Lags Chip Sector on $5.7B Ireland Bet, Cash Flow Concerns
Intel shares rose 1.4% but lagged chip peers as a $5.7 billion Ireland expansion raised cash-flow concerns, with external foundry revenue at just 3.2%.
UiPath Stock Rebounds After IBM Rout, Trades Near Buyback Level
UiPath stock bounced back 7.3% from its session low after an IBM-driven selloff, now trading near its buyback price of $11.47 with a cash-heavy balance sheet.
June CPI Drop Lowers Odds for 3.8% Social Security COLA in 2027
June's CPI drop lowers the probability of a 3.8% Social Security COLA for 2027, with the current Q3 average pointing to a 3.1% increase. The gap represents an $11.6 billion annualized difference in federal spending.
SoFi Stock Rebounds as Second Half Margin Targets Come into Focus
SoFi shares rose 2.6% in after-hours trading following cooler U.S. inflation data. The company's 2026 profit goals hinge on a sharp margin improvement in the second half of the year.
Nokia Faces Steep Profit Climb as Ericsson Flags AI-Driven Cost Pressures
Nokia shares fell 2.5% after Ericsson flagged AI-driven cost inflation. With 72.4% of Nokia's 2026 profit expected in H2, investors are focused on margins.
United's Table-Seat Experiment: Four Seats Must Earn 50% More
United Airlines is testing a shared-table row on its A321XLR jets, blocking two middle seats. The four remaining seats must generate 50% more revenue to match a standard row.
Nasdaq Futures Surge on Soft CPI, but Energy Drop Masks Underlying Inflation
Nasdaq futures rose 1.38% after June CPI fell 0.4%, the largest monthly drop since April 2020, but energy contributed most of the decline. IBM shares tumbled 22% on disappointing preliminary Q2 revenue.