AT&T Faces Starlink Threat as Wells Fargo Turns Bearish Ahead of Q2 Earnings
Markets Daniel Marsh

AT&T Faces Starlink Threat as Wells Fargo Turns Bearish Ahead of Q2 Earnings

Wells Fargo starts AT&T at underweight, citing Starlink threat. Shares slip as analysts debate satellite competition. Q2 earnings due July 22.

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SiriusXM Hit With Trademark Suit Over Star-and-S Logo; Q2 Earnings Loom
Regulation James Calloway

SiriusXM Hit With Trademark Suit Over Star-and-S Logo; Q2 Earnings Loom

SiriusXM is sued by Screendollars over its new logo, alleging trademark infringement. Shares slipped from a 52-week high as the July 30 Q2 earnings report approaches.

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7-Eleven Marks 99th Birthday with Free Slurpee Giveaway and New Flavor Launch
Markets Daniel Marsh

7-Eleven Marks 99th Birthday with Free Slurpee Giveaway and New Flavor Launch

7-Eleven will give away free small Slurpee drinks on July 11 at participating stores, marking Slurpee's 60th year and the chain's 99th birthday, with a new Mountain Dew Confetti Chill flavor and limited pop-up events.

SRX Global Soars 54% After NAV Disclosure and Special Dividend Announcement
Markets Daniel Marsh

SRX Global Soars 54% After NAV Disclosure and Special Dividend Announcement

SRX Global shares surged 54% after disclosing a preliminary NAV of $3.07 per share and a special $0.05 dividend, following a 1-for-60 reverse split to comply with NYSE American rules.

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Arista Networks Stock Surges to Near 52-Week High Ahead of Q2 Earnings
Technology Sarah Chen

Arista Networks Stock Surges to Near 52-Week High Ahead of Q2 Earnings

Arista Networks shares climbed 7.7% to $179.31, approaching a 52-week high, as the company prepares to report Q2 results on August 4, driven by AI networking demand.

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Dow Ends Lower on Iran Tensions; Nasdaq Holds Gains as Tech Steadies
Markets Daniel Marsh

Dow Ends Lower on Iran Tensions; Nasdaq Holds Gains as Tech Steadies

The Dow dropped 577 points on Iran tensions, while the Nasdaq rose on chip strength. Fed minutes flagged rate-hike risks.

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Wall Street Slides as Oil Surge Reignites Inflation Fears
Markets Daniel Marsh

Wall Street Slides as Oil Surge Reignites Inflation Fears

Stocks fell sharply on July 8 as a surge in oil prices stoked inflation fears, ending a rally. The Dow lost nearly 580 points, while the S&P 500 and Nasdaq also declined.

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Bloom Energy Shares Slide on Hunterbrook Short Report Over China Scandium Supply
Markets Daniel Marsh

Bloom Energy Shares Slide on Hunterbrook Short Report Over China Scandium Supply

Bloom Energy shares dropped 7.6% after Hunterbrook released a short report alleging China-linked scandium supply risks could delay AI data center expansion.

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AMC Surges After Macquarie Raises Price Target Amid Debt Concerns
Markets Daniel Marsh

AMC Surges After Macquarie Raises Price Target Amid Debt Concerns

AMC shares surged 9.9% to $1.89 after Macquarie raised its price target, but the company's ongoing dilution risk from recent equity sales continues to weigh on the stock.

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QXO Shares Slip After $17B TopBuild Acquisition as Market Awaits Integration
Markets Daniel Marsh

QXO Shares Slip After $17B TopBuild Acquisition as Market Awaits Integration

QXO shares dropped 5.5% to $14.42 after closing its $17B TopBuild acquisition, with S&P cutting TopBuild's rating and investors weighing integration challenges.

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Yen Weakness and Fed Hawkishness Halt Japan's AI Rally
Markets Daniel Marsh

Yen Weakness and Fed Hawkishness Halt Japan's AI Rally

Tokyo's Nikkei 225 fell 2.11% on Wednesday, breaking below 67,000 as AI-linked shares lost ground and the yen slid, raising intervention risks.

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Nu Holdings Dips Despite JPMorgan's $20 Price Target Boost
Markets Daniel Marsh

Nu Holdings Dips Despite JPMorgan's $20 Price Target Boost

Nu Holdings shares slipped Wednesday to $13.345, even as JPMorgan raised its price target to $20. The stock faces headwinds from rising non-performing loans and a CFO change.

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