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T1 Energy Faces July 9 Warrant Expiry Amid $283M Cash Opportunity
T1 Energy Inc. (NYSE:TE) faces a critical July 9 warrant deadline, with $282.9 million in potential proceeds if all 24.6 million warrants are exercised at $11.50 per share.
Amazon Outpaces Nasdaq as Market Eyes Prime Day and Leo Satellite Spending
Amazon outperformed the Nasdaq ahead of the holiday, with the stock up 0.4%. Next week's focus is on Prime Day sales data and spending on the Leo satellite network.
Oracle's $638B AI Backlog Faces $95B Capex Challenge
Oracle (ORCL) reveals a $638 billion AI backlog, yet its $95 billion capex plan and negative free cash flow have investors questioning the funding strategy.
Apotex Health Shares Surge 4.75% on TSX, IPO Value Swells by C$620 Million
Apotex Health Corp. (TSX:APTX) rose 4.75% on Friday, lifting its IPO block value by C$620 million. The gains follow the close of its $100 million Cumberland Pharmaceuticals acquisition and a Health Canada nod for its generic semaglutide.
WELL Health Rises After Acquiring Canadian Clinics at Attractive Multiple
WELL Health Technologies shares rose 3.1% after buying two Canadian clinics at a price lower than its own public valuation.
Enbridge Shares Slip Amid Thin Holiday Trading, Underperform TSX
Enbridge stock edged down 0.03% in light trading on Friday, lagging the TSX's 0.9% gain. The energy giant's shares fell 3.87% over five sessions.
Canadian Natural Resources Trails TSX as Buyback Efficiency Improves
Canadian Natural Resources (CNQ) gained 0.8% to C$56.67, underperforming the TSX, as its discounted share price boosts buyback efficiency.
Robinhood's June Prediction-Market Boom Puts $100B Valuation to Q2 Test
Robinhood's June data reveals a 65% daily surge in event contracts, driving its market value past $100 billion. Q2 earnings on July 29 will be key to justifying the valuation.
Dow Hits 52,900 Record, Nasdaq Slips as Chip Stocks Weaken Ahead of Fed
The Dow closed at a record 52,900.07, up 594.83 points, while the Nasdaq fell 0.80% as chip stocks tumbled. Markets await Fed minutes and earnings from Delta and PepsiCo.
Dow Jones Sets Record High as Nasdaq Slides on Chip Weakness Ahead of Fed Minutes
The Dow Jones Industrial Average closed at a new all-time high on Thursday, while the Nasdaq declined amid a selloff in semiconductor stocks. Markets are now focused on the upcoming Fed minutes.