Latest News
Nike Stock Rally Tempered by Tariff-Driven Margin Concerns
Nike shares jumped 8.2% in a holiday-shortened week, but Q4 earnings show gross margin improvement was driven almost entirely by a $986 million tariff recovery, with core business trends remaining mixed.
Snap Shares Rally 9.8% in Holiday-Shortened Week; Ad Revenue in Focus
Snap shares surged 9.8% in a holiday-shortened week, outperforming Meta and Pinterest. Focus remains on ad revenue as North America daily active users decline.
T1 Energy's Warrant Expiry Looms as Stock Ends Volatile Week Higher
T1 Energy (NYSE:TE) closed the shortened trading week up 4.3% at $8.56, but faces a July 9 warrant expiry for 24.6 million shares, with dilution risks ahead.
NIO Stock Dips 3.6% as Q2 Deliveries Miss Forecast, All Eyes on ES8 Launch
NIO stock dropped 3.62% to $4.79 after Q2 deliveries of 107,658 missed the company's forecast. June deliveries hit a record 40,597, but ONVO brand slipped. All eyes are on the upcoming ES8 launch on July 9.
Strategy Inc Shares Rise as $1.15B Stock Sale Raises Questions on Cash Position
Strategy Inc shares rose 7.9% to $100.77 after reporting $1.152B in net stock sale proceeds but no bitcoin purchases, shifting focus to cash position and mNAV dynamics.
Trump's Memecoin Royalties Surpass American Bitcoin Corp's Market Cap
President Trump's $TRUMP memecoin royalties of $636M exceed American Bitcoin Corp's market cap, while nearly one million wallets lost $3.81B.
Robinhood Stock Surges 14% as Event Contracts Boom Ahead of Q2 Earnings
Robinhood (HOOD) shares surged 14.2% to $112.73 last week, fueled by a 68% jump in event contract volume. The company reports Q2 earnings on July 29.