Plug Power Drops Below 200-Day Moving Average as Liquidity Concerns Linger
Markets Daniel Marsh

Plug Power Drops Below 200-Day Moving Average as Liquidity Concerns Linger

Plug Power (NASDAQ:PLUG) fell 3.4% to $2.55 on Thursday, dropping below its 200-day moving average, as market attention remained fixed on the company's cash position rather than its Danish hydrogen milestone.

PLUG SPY QQQ IWM BE FCEL
IREN Stock Plunges 12% as $694M CEO Equity Awards Raise Investor Concerns
Markets Daniel Marsh

IREN Stock Plunges 12% as $694M CEO Equity Awards Raise Investor Concerns

IREN shares fell 11.9% to $38.16 after disclosing $694.5 million in RSU grants to co-CEOs, overshadowing its Russell 1000 inclusion and AI expansion.

IREN QQQ WULF CORZ CIFR ORCL GOOGL
USPS Holiday Schedule Sparks Parcel Investor Caution Amid Market Split
Markets Daniel Marsh

USPS Holiday Schedule Sparks Parcel Investor Caution Amid Market Split

USPS will shut down on July 4, with normal service resuming July 6. Parcel investors watch volume declines and revenue shifts, as markets close early.

UPS FDX AMZN NDAQ
Deltic Energy Share Discount Widens as AIM Thinness Tests Cash Offer
Markets Daniel Marsh

Deltic Energy Share Discount Widens as AIM Thinness Tests Cash Offer

Deltic Energy shares remain below the 7.7p cash offer from NEO NEXT+, with thin AIM liquidity widening the bid spread. Peel Hunt trades reveal the real market gap.

SHEL
TELUS shares hit new low as new CEO faces high-yield dividend challenge
Markets Daniel Marsh

TELUS shares hit new low as new CEO faces high-yield dividend challenge

TELUS shares dropped 1.77% to a new 52-week low of CA$14.71 on Thursday, as new CEO Victor Dodig takes the helm. The stock's dividend yield of 11.36% is more than double that of BCE and Rogers, highlighting the challenge of sustaining payouts.

BCE
BlackBerry Shares Retreat as Note Conversion Weighs on Valuation
Markets Daniel Marsh

BlackBerry Shares Retreat as Note Conversion Weighs on Valuation

BlackBerry shares dropped 8.8% as a convertible note conversion window opened, raising dilution concerns despite strong QNX revenue growth.

BB
Gold Surges Past $4,100 on Weak US Jobs Data, Fed Rate Cut Hopes
Commodities Rebecca Torres

Gold Surges Past $4,100 on Weak US Jobs Data, Fed Rate Cut Hopes

Gold surged past $4,100 after weaker-than-expected US jobs data and downward revisions to prior months fueled hopes for Federal Reserve rate cuts. Spot gold rose 2.4% to $4,126.97.

GLD ADP CME
Oracle's AI Backlog Surpasses $638B, But Spending Outpaces Revenue
Technology Sarah Chen

Oracle's AI Backlog Surpasses $638B, But Spending Outpaces Revenue

Oracle's AI backlog reaches $638 billion, exceeding Microsoft's, but its market cap is just one-seventh. Heavy capex plans raise questions about funding and revenue conversion.

ORCL MSFT
AMD Shares Dip Despite Bullish Analyst Targets, Focus Shifts to CPU Revenue Potential
Technology Sarah Chen

AMD Shares Dip Despite Bullish Analyst Targets, Focus Shifts to CPU Revenue Potential

AMD shares slipped 3.5% despite bullish analyst targets, as the market weighs the potential of its server CPU business to support a near-trillion-dollar valuation.

AMD META INTC WFC UBS NVDA
Big Tree Cloud Volume Surges 3.7x Float Before Holiday Break
Markets Daniel Marsh

Big Tree Cloud Volume Surges 3.7x Float Before Holiday Break

Big Tree Cloud (DSY) surged 50.7% on volume 3.7 times its total shares, with no news catalyst. The stock's valuation now exceeds 40 times revenue.

DSY IWM XLP
Apple Rally Narrows Upside as AI Upgrade Hopes Falter
Technology Sarah Chen

Apple Rally Narrows Upside as AI Upgrade Hopes Falter

Apple surged 3.9% to $305.81, adding $168B in market cap, but UBS data reveals Apple Intelligence hasn't accelerated iPhone upgrades, capping near-term upside.

AAPL QQQ SPY NVDA META TSLA MSFT AMZN GOOGL
Tesla Shares Slide Despite Q2 Delivery Beat on Inventory Reduction
Markets Daniel Marsh

Tesla Shares Slide Despite Q2 Delivery Beat on Inventory Reduction

Tesla shares dropped 6.8% after Q2 deliveries beat consensus by 74,102 vehicles, but the beat was partly due to an inventory drawdown. Investors now focus on July 22 earnings.

TSLA RIVN GM F QQQ SPY