Latest News
Keel Infrastructure Stock Plunge Brings Convertible Note Terms Into Focus
Keel Infrastructure shares dropped 14.68% to $4.59, erasing $477M in market cap, more than the $445.4M net from June convertible notes. The stock remains below the $7.41 conversion price.
SpaceX Short Interest Surges Ahead of Nasdaq-100 Inclusion
SpaceX (SPCX) faces a record short interest of 31% of free float as it prepares for Nasdaq-100 inclusion, which could trigger $4.3 billion in passive buying.
SL Science Rockets 35% in Nasdaq Debut, Valuation Hits 1,500x 2025 Sales
SL Science (SLBT) soared 35% in its Nasdaq debut, closing at $5.99, but its $3.36B market cap versus $2.2M in revenue sparks valuation debate.
Pembina Stock Rises on Greenlight Power Project Deal
Pembina Pipeline shares rose 1.6% after committing C$2.1 billion to the Greenlight power project, targeting a 14.8% EBITDA margin, amid ongoing uncertainty over its West Coast pipeline investment.
Micron Loses $202B in Market Cap as AI Chip Selloff Intensifies
Micron Technology lost $202 billion in market cap over two sessions as chip stocks tumbled. The selloff, driven by AI demand worries and a short bet from Michael Burry, wiped out 15.5% of MU's value.
ASML Rally Narrows Upside Ahead of Q2 Earnings
ASML shares rose 3.1% to €1,626.60, but remain 6.6% below their June 30 record. The stock now trades near the average analyst target, with Q2 earnings due July 15.
TELUS Yield Surges Past 11% Amid Dividend Focus and CEO Transition
TELUS shares dropped 3.6% to C$14.46, boosting its annualized yield to 11.6%. The stock's slide comes as Victor Dodig assumes the CEO role, with investors focused on dividend stability.
