Ondas Shares Drop 3.9% Amid High Volume and Heavy Short Interest
Markets Daniel Marsh

Ondas Shares Drop 3.9% Amid High Volume and Heavy Short Interest

Ondas shares fell 3.88% on July 1, with volume 131% above average and short interest at 32.7% of float. A June 26 SEC filing registered 3.38 million shares for resale.

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CrowdStrike Stock Split Cuts Lot Cost to $19,300
Technology Sarah Chen

CrowdStrike Stock Split Cuts Lot Cost to $19,300

CrowdStrike's 4-for-1 stock split lowers the cost of a 100-share lot to about $19,319, while the company's market cap stays near $199 billion.

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Tech Weakness Pressures Nasdaq Futures Ahead of Key Jobs Data
Markets Daniel Marsh

Tech Weakness Pressures Nasdaq Futures Ahead of Key Jobs Data

Nasdaq 100 futures underperform as chip stocks decline ahead of June jobs report. Semiconductor index falls 6.3%, dragging tech futures.

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Reddit Stock Surges $4.6B on AI Licensing Deal, Revenue Yet to Materialize
Markets Daniel Marsh

Reddit Stock Surges $4.6B on AI Licensing Deal, Revenue Yet to Materialize

Reddit shares surged 13.7%, adding $4.6B in market cap on an AI licensing deal. Revenue from the deal is not yet booked, with ads still the main revenue driver.

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CoreWeave's $35B Meta Ties Spark Selloff as Tech Giant Eyes Cloud
Markets Daniel Marsh

CoreWeave's $35B Meta Ties Spark Selloff as Tech Giant Eyes Cloud

CoreWeave (CRWV) lost $7.3B in market cap as Meta (META) plans an AI cloud business, putting $35B in contracts at risk.

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Nebius Plunges 17% on Meta Cloud Threat, High Short Interest
Markets Daniel Marsh

Nebius Plunges 17% on Meta Cloud Threat, High Short Interest

Nebius shares fell 17% on Wednesday after a report that Meta is building its own cloud unit, threatening a key revenue source. Short interest remains elevated at 25%.

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Opendoor (OPEN) Surges on Index Inclusion, Short Interest Remains Elevated
Markets Daniel Marsh

Opendoor (OPEN) Surges on Index Inclusion, Short Interest Remains Elevated

Opendoor (OPEN) rallied 6.93% Wednesday on massive volume as index funds adjust for Russell inclusion. Short interest remains elevated at 19.07% of float.

OPEN
AT&T market cap plunges $15.7B amid SpaceX disruption fears
Markets Daniel Marsh

AT&T market cap plunges $15.7B amid SpaceX disruption fears

AT&T stock fell 1% in premarket trading, with $15.74 billion erased from its market cap amid investor concerns over SpaceX's Starlink mobile service and its impact on telecom dividends.

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Micron's $138B Drop Highlights Nasdaq-100 Concentration Risk
Markets Daniel Marsh

Micron's $138B Drop Highlights Nasdaq-100 Concentration Risk

Micron's 10.57% drop erased $138 billion in market cap, spotlighting its dominant 26% share of the Nasdaq-100's first-half return. Memory prices held steady, but the selloff reflects profit-taking and evolving supply deals.

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American Airlines Hits New High on Robust Holiday Travel Forecast
Markets Daniel Marsh

American Airlines Hits New High on Robust Holiday Travel Forecast

American Airlines stock hit a 52-week high on Wednesday, buoyed by a strong holiday travel forecast and analyst upgrades citing solid demand and lower fuel costs.

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Amazon's Satellite Deployment Falls Short of FCC Target After Atlas V's Final Flight
Technology Sarah Chen

Amazon's Satellite Deployment Falls Short of FCC Target After Atlas V's Final Flight

Amazon's final Atlas V launch added 29 satellites to its LEO network, leaving it 1,220 shy of the FCC's July 30 deadline. The company pivots to Vulcan, Falcon 9, and New Glenn.

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Meta's AI Cloud Ambitions Add $128B to Market Cap
Technology Sarah Chen

Meta's AI Cloud Ambitions Add $128B to Market Cap

Meta Platforms (META) surged 8.8% in premarket trading after reports of a new AI cloud business, adding $127.6 billion in market value.

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