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3M Gains $1.1B in Market Cap Despite PFAS Lawsuit, Analyst Outlook Improves
3M shares climbed 1.4% on Friday, adding $1.1B in market cap, despite a new New York lawsuit over PFAS. Analysts have raised 2026 EPS estimates to $8.73, above company guidance.
Fervo Energy's $8B Valuation Surpasses Ormat; Drilling Milestone Faces Cost Test
Fervo Energy's stock value hits $7.99B, surpassing Ormat's $6.8B, but a $1B cost reduction challenge tests the premium.
Realty Income's Tight Dividend Spread Masks Wider Investment Margin
Realty Income's dividend yield of 5.14% sits just 58 bps above the 10-year Treasury, yet its Q1 investment cash yield of 7.1% reveals a wider 338 bps gap over its euro notes.
Grab Short Interest Surges Ahead of Q2 Earnings Amid Stock Gains
Short interest in Grab Holdings climbed 4.8% to 253.1 million shares by June 30, while the stock rose 8.7%. Q2 earnings and buyback plans are key catalysts.
Mattel Holds Steady Despite Analyst Downgrades, Buyback Potential Eyed
Mattel shares closed flat for the week at $13.33 despite price target cuts from Goldman Sachs and Citi, as a $200 million buyback program could retire about 5% of shares.
Whirlpool Stock Surges 7.6% Amid Focus on Debt, Cash Flow Targets
Whirlpool shares jumped 7.6% Friday, adding $171M in market cap, as the market weighs its $2B note issue and targets for debt reduction and free cash flow.
Russia's Diesel Export Ban Cuts Global Supply by 583,000 Barrels Daily
Russia's diesel ban removes 583,000 bpd from global supply, squeezing U.S. inventories and boosting refining margins for major players.
Freedom Fuel's Thin Margins Raise Sustainability Concerns
Freedom Fuel's price hike in its first week lagged behind wholesale gasoline, widening the margin gap to 21 cents per gallon and raising questions about the network's sustainability.
SK Hynix Surges 12.8% in Nasdaq Debut, Premium Over Seoul Shares Widens
SK Hynix closed its first Nasdaq session at $168.01, a 12.8% gain from the offer price, and now trades at a 15.5% premium over its Seoul-listed equivalent.
Indian Railways Sanctions ₹381 Crore for Two Projects, Kavach Gets 54%
Indian Railways has sanctioned ₹381 crore for two separate projects, with over half going to the Kavach train protection system. The allocation covers 680 route km at ₹30.3 lakh per km.
NASA Seeks Industry Input on Lunar Supply Chain as Moon Base Ambitions Grow
NASA is seeking industry input on lunar supply chain bottlenecks as a six-person moon base may need 26 resupply runs annually. ispace books SpaceX Starship space, and Intuitive Machines wins NASA contracts.