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Verizon (VZ) Falls as Starlink Concerns Outweigh Dividend Appeal
Verizon (VZ) shares fell 8.55% last week as fears over SpaceX's Starlink competition outweighed the appeal of its upcoming dividend.
IREN Plunges 10% After Russell 1000 Debut, $2.8B Erased
IREN shares dropped 10.39% to $38.82 on Thursday, marking nine consecutive declines and a $2.8 billion loss in market value since joining the Russell 1000. An 18.2 million RSU grant to co-CEOs and Meta's cloud expansion plans added pressure.
Sam's Club Rotisserie Chicken Tops Costco in Taste Test, Giving Walmart a Pricing Edge
Consumer Reports ranked Sam's Club Member's Mark rotisserie chicken higher than Costco's Kirkland Signature, with both priced at $1.66 per pound, giving Walmart a pricing edge.
HSBC Nears 27-Year High After $3B Debt Call Surpasses Dividend
HSBC shares slipped slightly but stayed near a 27-year high after announcing a $3 billion debt call that exceeds its first interim dividend. The move underscores capital strategy amid acquisition constraints.
Tesla Shares Dip Despite Record Q2 Deliveries; Inventory Concerns Loom
Tesla stock dropped 7.49% Thursday after record Q2 deliveries of 480,126 vehicles, as investors weigh inventory dynamics and await Q2 earnings on July 22.
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.