IREN Stock Drops 21% Despite Record Warriors Jersey Deal
Markets Daniel Marsh

IREN Stock Drops 21% Despite Record Warriors Jersey Deal

IREN shares plunged 21.3% to $47.21 over five sessions despite a record $50M+ Warriors jersey deal, as short interest hit 19.74% and the $4.4B target ARR remains largely uncontracted.

IREN MSFT NVDA DELL
AbbVie's $65B Surge Outpaces Apogee Acquisition Cost by Sixfold
Markets Daniel Marsh

AbbVie's $65B Surge Outpaces Apogee Acquisition Cost by Sixfold

AbbVie's stock surge added $65B in market cap, six times its $10.9B Apogee deal cost, as Skyrizi approval and immunology demand offset Humira declines.

ABBV APGE LLY JNJ XLV SPY
Cisco's Heavy Trading Volume Drives 90% of Weekly Drop Ahead of Holiday
Markets Daniel Marsh

Cisco's Heavy Trading Volume Drives 90% of Weekly Drop Ahead of Holiday

Cisco dropped 4.37% to $113.77 on Friday, erasing $21 billion in market value on volume 2.3 times the average, as the stock tracked AI-linked peers despite strong Q3 results and raised AI order targets.

CSCO
Kroger's Private Label Scrutiny Rises After USDA Chicken Alert
Markets Daniel Marsh

Kroger's Private Label Scrutiny Rises After USDA Chicken Alert

A USDA alert flagged mislabeled Private Selection chicken at Kroger in nine states, but no adverse reactions were reported. The stock closed Friday at $57.73.

KR
AMD Stock Trades Above Street Target After Chip Sector Rout
Technology Sarah Chen

AMD Stock Trades Above Street Target After Chip Sector Rout

AMD closed Friday at $521.58, down 2.06%, but remains above the average analyst target of $502.92 after a weeklong chip selloff and heavy trading volume.

AMD NVDA INTC SMH SOXX QQQ SPY
Tesla shares slip as Q2 delivery data shows reliance on Model 3/Y
Markets Daniel Marsh

Tesla shares slip as Q2 delivery data shows reliance on Model 3/Y

Tesla shares closed down 5.2% for the week as Q2 delivery consensus shows growth driven entirely by Model 3/Y, with other models declining.

TSLA JPM
Archer Aviation's Texas Move Stalls Despite Strong Shareholder Support
Markets Daniel Marsh

Archer Aviation's Texas Move Stalls Despite Strong Shareholder Support

Archer Aviation's proposal to reincorporate in Texas failed due to insufficient shareholder votes, despite over 80% support from voted shares. The stock remains near a 52-week low.

ACHR JOBY BETA EVTL
Bradesco Preferred Shares Trail Sector Rally as Trading Volume Spikes
Markets Daniel Marsh

Bradesco Preferred Shares Trail Sector Rally as Trading Volume Spikes

Bradesco preferred shares gained 2.6% last week, underperforming the Ibovespa's 3.0% rise. Over half of weekly trading volume occurred on two days when the stock fell.

BBDC
Coca-Cola Shares Jump on Heavy Volume as Russell Rebalance Fuels Rally
Markets Daniel Marsh

Coca-Cola Shares Jump on Heavy Volume as Russell Rebalance Fuels Rally

Coca-Cola surged 2.75% to $82.63 on massive volume of 53.36 million shares, driven by the Russell index reconstitution. The stock now sits just below its 52-week high.

KO PEP KDP MDLZ XLP NDAQ
Nu Holdings Ends Week Higher After Needham's Bullish Initiation
Markets Daniel Marsh

Nu Holdings Ends Week Higher After Needham's Bullish Initiation

Nu Holdings (NU) surged 5.7% to $13.17 on Friday, reversing earlier losses to post a 3.6% weekly gain, after Needham initiated coverage with a $17 price target, citing a scaled and profitable customer base and expected U.S. expansion.

NU V
Joby Aviation Slides Below February Financing Price on Heavy Volume
Markets Daniel Marsh

Joby Aviation Slides Below February Financing Price on Heavy Volume

Joby Aviation (JOBY) dropped 11.7% to $8.83, now 22% below its February equity sale price, as heavy trading volume and a lack of company news amplified dilution concerns.

JOBY ACHR EVTL QQQ SPY
MARA's Bitcoin Holdings and Long Ridge Deal Drive Stock Amid Crypto Dip
Crypto Sarah Chen

MARA's Bitcoin Holdings and Long Ridge Deal Drive Stock Amid Crypto Dip

MARA stock gains 4.5% as $2.1B bitcoin holdings and Long Ridge power deal shape investor focus ahead of a short trading week.

MARA RIOT CLSK BTDR