Marvell Rebounds, Recoups $7.9B After AI Chip Turmoil
Technology Sarah Chen

Marvell Rebounds, Recoups $7.9B After AI Chip Turmoil

Marvell Technology (NASDAQ:MRVL) shares rebounded 3.7% in premarket trading Monday, recovering about $7.9 billion in market value after a two-day selloff wiped out $23.4 billion.

MRVL SOXX NVDA AVGO POOL
Intel Rebounds Premarket After Sharp Decline, Nvidia's Stake Swells
Markets Daniel Marsh

Intel Rebounds Premarket After Sharp Decline, Nvidia's Stake Swells

Intel shares rise 3.32% premarket, recovering about $20 billion in market cap after Thursday's 5.25% drop. Nvidia's stake now shows over $20 billion in paper gains.

INTC NVDA MU AMD
Nokia Shares Decline in Helsinki, ADR Discount Widens Ahead of Q2 Report
Markets Daniel Marsh

Nokia Shares Decline in Helsinki, ADR Discount Widens Ahead of Q2 Report

Nokia shares slipped 1.39% in Helsinki on Monday, with U.S. ADRs trading at a 4.1% discount. The decline follows fading AI momentum and light volume ahead of Q2 earnings.

SoFi Faces Q2 Earnings Test as Stock Slides and Per-Member Valuation Draws Scrutiny
Earnings James Calloway

SoFi Faces Q2 Earnings Test as Stock Slides and Per-Member Valuation Draws Scrutiny

SoFi Technologies (SOFI) enters Q2 earnings on July 29 with its stock down 30% year-to-date, trading at $1,590 per member amid high short interest and valuation concerns.

SOFI
Ondas Shares Under Pressure as Defense Orders Face Heavy Trading Volume
Markets Daniel Marsh

Ondas Shares Under Pressure as Defense Orders Face Heavy Trading Volume

Ondas stock faces a critical test as trading volume surges to nearly 60% of shares outstanding, with defense orders topping $150 million in Q2.

ONDS
IREN Bounces Back as $706.5M CEO Grant and Russell 1000 Entry Stir Debate
Markets Daniel Marsh

IREN Bounces Back as $706.5M CEO Grant and Russell 1000 Entry Stir Debate

IREN stock recovers from recent losses, trading up premarket as a massive CEO stock grant and Russell 1000 inclusion draw scrutiny.

IREN ORCL GOOGL
Opendoor Enters Russell 3000 Era with High Short Interest and Stretched Valuation
Markets Daniel Marsh

Opendoor Enters Russell 3000 Era with High Short Interest and Stretched Valuation

Opendoor (OPEN) trades near $4.90 after its first week in the Russell 3000, with short interest at 19% and a market cap 2.2x its cash and inventory.

OPEN
Intel Bounces Back Sharply, Recovers Over Half of Thursday's Drop
Markets Daniel Marsh

Intel Bounces Back Sharply, Recovers Over Half of Thursday's Drop

Intel shares rebounded in premarket trading, recovering 52% of Thursday's decline, as the stock continues its strong momentum ahead of Q2 earnings on July 23.

INTC AMD NVDA HSBC
Tech-Led Gains Drive Nasdaq Futures Higher, Dow Holds Near Record
Markets Daniel Marsh

Tech-Led Gains Drive Nasdaq Futures Higher, Dow Holds Near Record

Nasdaq-100 futures advanced 1.02% in premarket trading, led by chip and AI stocks. Dow futures hovered near record levels, while oil prices fell over 1% after OPEC+ raised output targets.

INTC MU NVDA ORCL TSLA AAPL SOXQ DAL PEP
Gold Hovers Near JPMorgan's Q3 Target as Rate Hike Bets Steady
Commodities Rebecca Torres

Gold Hovers Near JPMorgan's Q3 Target as Rate Hike Bets Steady

Gold slipped 0.2% to $4,165.21/oz, near JPMorgan's Q3 target of $4,300, as Fed rate hike odds steady at 56%. Platinum shows more upside potential.

GLD SLV JPM
AMD Stock Rebounds Amid Nvidia Delay and Valuation Concerns
Markets Daniel Marsh

AMD Stock Rebounds Amid Nvidia Delay and Valuation Concerns

AMD shares rose 2.47% in premarket trading, recovering 56% of the prior session's loss, driven by Nvidia delay news and a customer update.

AMD NVDA INTC SOXX QQQ
Sandisk recovers $13.8B in premarket but remains $28.8B below peak after selloff
Technology Sarah Chen

Sandisk recovers $13.8B in premarket but remains $28.8B below peak after selloff

Sandisk (SNDK) gained 5.33% in premarket trading Monday, recovering $13.8B in value, but shares remain $28.8B below the July 2 close after a 14.13% drop erased $42.5B.

SNDK