Zhongchao Soars 209% After Hours Following Reverse Split and Capital Vote
Markets Daniel Marsh

Zhongchao Soars 209% After Hours Following Reverse Split and Capital Vote

Zhongchao shares jumped 209% after hours to $3.43 after a reverse split and shareholder vote to boost authorized capital to $10 billion.

ZCMD
IQM Quantum Computers ADS Debut Valued at $3.5B, Trading Paused for US Holiday
IPO Michael Okonkwo

IQM Quantum Computers ADS Debut Valued at $3.5B, Trading Paused for US Holiday

IQM Quantum Computers (IQMX) ADS closed at $13.36 on its Nasdaq debut, giving a $3.51 billion valuation, before the market closed for Independence Day. The stock trades at a high multiple of 97x 2025 revenue.

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AT&T Plunges 9.4% on Starlink Mobile Threat; $15B Market Cap Wiped Out
Markets Daniel Marsh

AT&T Plunges 9.4% on Starlink Mobile Threat; $15B Market Cap Wiped Out

AT&T shares dropped 9.4% this week, its steepest loss in four years, wiping out $15 billion in market cap as Starlink's mobile ambitions spook investors.

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American Airlines Shares Near 52-Week Peak as July 4 Holiday Approaches
Markets Daniel Marsh

American Airlines Shares Near 52-Week Peak as July 4 Holiday Approaches

American Airlines (AAL) ended Thursday at $17.92, just off its 52-week high of $18.79, as heavy volume of 577.12 million shares traded ahead of the Independence Day holiday.

AAL DAL UAL LUV JBLU
Meta's $145B AI Capex Fuels Cloud Ambitions, Investors Await Returns
Technology Sarah Chen

Meta's $145B AI Capex Fuels Cloud Ambitions, Investors Await Returns

Meta is exploring a cloud business to monetize AI compute, with 2026 capex guidance of $125B-$145B. Investors are watching for returns on the massive investment.

META AMZN MSFT GOOGL CRWV NBIS
U.S. Futures Dip as June Jobs Data Misses Expectations
Markets Daniel Marsh

U.S. Futures Dip as June Jobs Data Misses Expectations

U.S. stock futures dipped Friday after ADP reported 98,000 private jobs in June, below forecasts. The 10-year yield neared 4.5%, pressuring banks and real estate. Moderna (MRNA) surged 10%.

SPY QQQ DIA MRNA HON RIVN SNDK TER GLD SLV USO UNG
Dow Hits Record, Chip Stocks Slide in Pre-Holiday Trading
Markets Daniel Marsh

Dow Hits Record, Chip Stocks Slide in Pre-Holiday Trading

The Dow reached a new high while chip stocks dragged the Nasdaq lower in a mixed session ahead of the Independence Day holiday.

MU NVDA LRCX AAPL TSLA META SNDK SPY QQQ DIA IWM
Avis Budget Stock Surges 11% on $650M Settlement Details
Markets Daniel Marsh

Avis Budget Stock Surges 11% on $650M Settlement Details

Avis Budget Group shares surged 11.3% after a filing revealed a $650 million settlement with Pentwater, boosting market cap by nearly $585 million.

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Zhongchao Shares Surge in After-Hours Trading Following Reverse Stock Split
Markets Daniel Marsh

Zhongchao Shares Surge in After-Hours Trading Following Reverse Stock Split

Zhongchao Inc. (NASDAQ:ZCMD) shares surged 199% in after-hours trading after a 1-for-3 reverse split, with volume nearly 19 times the new share count.

ZCMD
Recursion Pharmaceuticals Gains Amid Founder Sale Filing, Short Interest Remains Elevated
Markets Daniel Marsh

Recursion Pharmaceuticals Gains Amid Founder Sale Filing, Short Interest Remains Elevated

Recursion Pharmaceuticals (RXRX) shares gained 3.54% on Thursday, even as the broader market slipped, with a founder's planned sale representing a tiny fraction of volume. Short interest remains high at 39.11% of float.

RXRX XBI IBB QQQ SPY
NIO Shares Drop Despite Record June Deliveries; Revenue Guidance in Focus
Earnings James Calloway

NIO Shares Drop Despite Record June Deliveries; Revenue Guidance in Focus

NIO shares fell despite record June deliveries as the miss on Q2 guidance raised concerns about revenue per delivery.

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SFO Flight Delays Pressure United Airlines Operations
Markets Daniel Marsh

SFO Flight Delays Pressure United Airlines Operations

SFO saw 368 delays and five cancellations on July 2, with FAA holding inbound flights for 42 minutes. United Airlines (UAL) handles 48.7% of SFO enplanements, facing investor scrutiny.

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