Latest News
Nu Holdings Announces $1 Billion Buyback; Stock Steadies Ahead of Holiday
Nu Holdings (NU) announced a $1 billion share buyback plan. The stock steadied around $13.40 after a volatile session with volume surging 62% above average.
EchoStar's Dish Bankruptcy Reveals $3.6 Billion Gap in Wireless Claims
EchoStar's Dish DBS Chapter 11 filing reveals a $3.6 billion gap between FCC trust funds and over $6 billion in disputed 5G shutdown claims.
Bending Spoons Debuts Strong on Nasdaq with AOL Profit Driving Valuation
Bending Spoons S.p.A. closed at $40.50 on its Nasdaq debut, up 39.66% from the $29 IPO price, with AOL's historical operating income making up 66% of pro forma earnings.
Robinhood Surge: Bitstamp, Event Contracts Drive June Volume
Robinhood Markets (HOOD) shares climbed 8.35% to $108.65, with June data revealing Bitstamp crypto and event contract volumes surpassing May totals, driven by new product launches.
Nike shares climb on tariff relief, masking flat North America profit
Nike shares gained 4.9% on Wednesday after Q4 earnings got a $0.52 per share lift from tariff recoveries, but adjusted North America EBIT was nearly flat.
SoFi Technologies Faces Key Test with Q2 Earnings and $22.41 Conversion Hurdle
SoFi Technologies faces a pivotal July 29 earnings report with its stock trading 17% below the $22.41 conversion price on $428 million in convertible notes due 2026.
Intel Nears $646B Market Cap After 9% Drop
Intel shares dropped 9% to $127.02, bringing its market cap near $645.6 billion, ahead of Q2 earnings on July 23.
SpaceX Stock Under Short Squeeze Pressure Ahead of Nasdaq-100 Inclusion
SpaceX shares fell 7.8% as short interest hit 31% of free float, with the Nasdaq-100 inclusion set for July 7. Passive inflows may not fully offset bearish bets.
Ondas Shares Drop 3.9% Amid High Volume and Heavy Short Interest
Ondas shares fell 3.88% on July 1, with volume 131% above average and short interest at 32.7% of float. A June 26 SEC filing registered 3.38 million shares for resale.
