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American Airlines Rebounds After Oil Dip, Fuel Costs Loom
American Airlines (AAL) shares climbed 4.2% on Thursday, nearly reversing a previous day's loss tied to oil price spikes, but fuel costs continue to pressure the airline ahead of its Q2 earnings report.
MARA Holdings Surges on Texas AI Data Center Plan, Tenant Still Elusive
MARA Holdings shares surged 11.8% after revealing a 2-GW AI data center site in Texas, adding about $540 million in market cap despite no tenant secured.
Virax Biolabs Surges 183% on Exclusive Fosun Supply Pact
Virax Biolabs shares surged 183% after its UK subsidiary inked an exclusive supply deal with Fosun Diagnostics for the ImmuneSelect line, covering six Southeast Asian countries.
Brazil Defers Gasoline Subsidy Removal, Fueling Fiscal Jitters
Brazil delays decision on gasoline subsidy removal until next week, prioritizing rural debt restructuring and citing Iran conflict uncertainty, reigniting market inflation and fiscal worries.
RBC Sets $500 Tesla Target on SpaceX Merger Speculation
RBC Capital raised its Tesla price target to $500, citing a potential merger with SpaceX. TSLA shares rose on the speculation.
SpaceX Stock Struggles Near IPO Price Despite Bullish Analyst Targets
SpaceX stock remains near its Nasdaq opening price despite a flurry of bullish analyst reports. Shares trade at $148.89, with targets ranging from $200 to $900.
Costco Shares Slip as June Sales Growth Decelerates; Investors Eye Key Test
Costco shares dropped 4% after June comparable sales growth eased to 7.0% (ex-gas/forex), even as net sales hit a 2026 high of $29.24 billion. Analysts eye valuation risks.