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Dow Leads Market Rally After Soft Jobs Data, Nears Record Close
The Dow Jones Industrial Average jumped 435 points after weaker-than-expected June jobs data eased rate-hike concerns, with the blue-chip index nearing a record close.
Regencell Bioscience Shares Slide 63% Below May Offering Price
Regencell Bioscience (NASDAQ:RGC) dropped 6.6% to $7.50, remaining 63.1% below its May offering price, despite a brief intraday rebound. Biotech ETFs gained.
CaliberCos Surges 98% on Chainlink Deal, Volume Hits 24x Float
CaliberCos shares surged nearly 98% after revealing plans to use Chainlink's compliance tools for tokenizing private real estate funds, with trading volume reaching 24 times its public float.
Rivian Surges 12% on Q2 Delivery Beat, R2 Ramp in Focus
Rivian shares surged 12% after Q2 deliveries exceeded its own outlook, and the company raised its 2026 delivery guidance. The market is now focused on the R2 ramp, which is crucial for meeting the ambitious second-half targets.
Glazer Capital Exits Clearwater Analytics as Take-Private Closes
Glazer Capital has exited its position in Clearwater Analytics after the company was taken private at $24.55 per share, with the deal closing on June 25.
Linkhome Holdings Surges 315% After Mortgage One Acquisition, GPU Financing Launch
Linkhome Holdings (NASDAQ:LHAI) closed up 315% at $2.74 after completing its Mortgage One acquisition and launching a GPU financing initiative, boosting market cap to $44.5 million.
Strategy's Bitcoin Pile Outshines Stock Gains as Buyback Plan Shifts
Strategy (MSTR) shares rose 6.2% in premarket trading, yet its $19.3 billion bitcoin hoard still dwarfs its equity value. The firm approved $1.25 billion in BTC sales and up to $1 billion in stock buybacks.
Bradesco's Dividend Date Creates Yield Advantage for Common Shares Over Preferreds
Bradesco's R$3.5 billion JCP payout yields 2.00% gross for common shares, slightly higher than preferreds' 1.91%, with a July 3 record date.
US Jobs Miss Estimates as Labor Force Shrinks, Fed Rate Hike Odds Dip
US payrolls rose only 57,000 in June, well below the 110,000 forecast, as a sharp drop in labor force participation masked underlying weakness. Fed rate hike odds declined.
Palantir Soars $23 Billion on Nvidia Deal and Analyst Upgrade
Palantir's stock jumped 7.77%, boosting market cap by $23.3 billion, after an analyst upgrade and a Nvidia partnership aimed at secure AI deployments.