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Nokia Shares Rise in Helsinki Amid Analyst Divergence on AI Optical Growth
Nokia shares rose 2.5% in Helsinki on Friday as analysts offered mixed views on the company's AI optical network prospects, with Danske Bank upgrading to buy and LBBW downgrading to sell.
Kioxia's 9% Surge Drives 16% of Nikkei's Friday Gain
Kioxia's 9.23% jump on Friday contributed 165 points, about 16% of the Nikkei 225's 1,010.92-point gain, fueled by production news and AI storage demand.
Stock Futures Rise Ahead of Holiday; Chip Weakness Masks Broad Market Strength
US stock futures edged higher on Friday ahead of the Independence Day holiday, despite a chip selloff that dragged the Nasdaq lower on Thursday. The Dow hit a new high, and market breadth was strong.
Sivers Semiconductors Bounces Back Above Issue Price After Capital Infusion
Sivers Semiconductors stock recovered to SEK 57.40 after its SEK 700 million placement, though trading volume reached 3.1 times the new shares sold.
Ondas Shares Surge in Volume as Holiday Break Begins
Ondas Inc. (ONDS) closed at $7.41 on Thursday after a 5.4% weekly decline, with 315.5 million shares changing hands in four sessions.
SoFi Stock Slips as Small-Business Loan Launch Fails to Sustain Rally Ahead of Holiday
SoFi shares slipped 1.1% to $18.24 on Thursday after hitting an intraday high of $19.19, as the small-business loan announcement failed to sustain momentum ahead of the holiday.
Opendoor's Holiday Lull Highlights Short Squeeze Potential
Opendoor Technologies (OPEN) experienced a high-volume trading session on July 2, with turnover hitting 58.6% of its short interest, ahead of the Independence Day holiday.
Novo Nordisk Shares Decline as Medicare Caps Wegovy Pricing
Novo Nordisk shares slipped 1.36% as Medicare's new GLP-1 Bridge program caps Wegovy pricing at $245 monthly net, limiting revenue upside despite strong prescription growth.
Rivian's $1.8B Rally Priced on 3,000 Extra Deliveries
Rivian stock jumped 8.44% after Q2 deliveries beat estimates and 2026 guidance was raised to 65,000-70,000 vehicles, adding $1.8B in market value for 3,000 extra vehicles at the midpoint.
SK hynix Surges 10.9% as KOSPI Rebound Eases AI Spending Concerns
SK hynix surged 10.9% Friday, adding 169.6 trillion won to market cap, as KOSPI rebounded 5.76% after Thursday's selloff. The rally eased worries about AI spending cuts.
Intel Loses $112B in Market Cap Ahead of Q2 Earnings Test
Intel lost $112 billion in market value from its June 30 peak, closing at $120.35. The chip giant faces a critical earnings report on July 23.
Nvidia Holds Steady as Cloud Partners Plan Massive 210,000-GPU Deployment
Nvidia shares rose 1.2% week-over-week amid plans by cloud partners to deploy up to 210,000 GPUs, highlighting a shift to revenue-sharing models.