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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.
UiPath Stock Surges 11% on Short Squeeze, Buyback Activity
UiPath shares rose 11.2% in a holiday-shortened week, fueled by heavy short interest and a $500M buyback program, though Q2 ARR guidance points to a slowdown.
Sam's Club Tops Costco in Rotisserie Chicken Taste Test, Boosts Walmart's Traffic
Consumer Reports ranked Sam's Club higher than Costco in a rotisserie chicken review. Walmart (WMT) holds two of six top picks, boosting traffic.
Samsung Surge Drives Leverage Trading as KOSPI Volatility Nears 10%
Samsung Electronics bounced 8.22% on Friday after a 9% plunge, fueling a surge in leveraged ETF trading as the KOSPI swung nearly 10% intraday.