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Joby Aviation Dips After Insider Sales, Toyota JV Details Emerge
Joby Aviation shares slipped 3.96% to $8.49, with insider sales and a Toyota joint venture agreement drawing investor attention.
Palantir Surges 14.5% on AI Deal and Analyst Upgrade
Palantir Technologies (PLTR) surged 14.5% in a holiday-shortened week, boosted by a new AI partnership with NVIDIA and a bullish analyst upgrade.
Plug Power's Cash Crunch and Heavy Short Interest Dominate as Denmark Project Fails to Inspire
Plug Power shares eked out a 3.9% gain in a holiday-shortened week, but the focus remains on its $223 million unrestricted cash reserve and a substantial short interest.
Verizon Tumbles 8.6% After Dow Removal, Volume Surges
Verizon (VZ) dropped 8.6% in the week through July 2, underperforming the S&P 500's 1.8% gain, as the stock was removed from the Dow and faced sector headwinds from SpaceX.
Apple's $210B Surge Faces Fed and Earnings Tests
Apple gained $210 billion in market value in one session on foldable iPhone news, but upcoming Fed minutes and earnings could challenge the rally.
FAA Order on 747-8F Reflects Tight Freighter Market, Not Just Inspection Costs
FAA order on 11 Boeing 747-8F freighters underscores tight freighter market; direct inspection costs total $344,080 but downtime could be costlier.
UiPath Shares Surge 11% as Valuation Nears Key ARR Threshold
UiPath shares jumped 11.2% in a four-day week to $11.71, with volume steady. The cash-adjusted valuation now sits at 2.5x annual recurring revenue, a low multiple that may limit further gains.
Tesla Faces Key Margin Test on July 22 After Q2 Inventory Swing
Tesla stock closed at $393.45 on Thursday, down 7.5% but still up 3.6% for the week. A production-to-delivery swing of 78,731 units and a delivery beat put margins in focus for the July 22 earnings report.
Nokia Rises on Low Volume as Market Awaits Q2 Results
Nokia shares rose 3.57% Friday on light trading, but the stock still fell 1.93% for the week, lagging the OMX Helsinki 25. Attention now turns to the company's Q2 earnings report on July 23.
SoFi Holds Gains on Heavy Volume Ahead of Q2 Earnings Report
SoFi Technologies (SOFI) finished the short week at $18.24, up 2.0%, with average volume of 78.4 million shares, well above its 65-day average.