Tech Slide Masks Broader Market Resilience as AI Spending Concerns Mount
Markets Daniel Marsh

Tech Slide Masks Broader Market Resilience as AI Spending Concerns Mount

U.S. stocks ended mixed as a sharp decline in semiconductor stocks, led by AI-related concerns, triggered nearly $20 billion in tech fund outflows, while the broader market showed resilience.

AAPL MRNA ON SYNA NKE
Enterprise Products Partners Flat Amid Volatile Week, Midstream ETF Gains
Markets Daniel Marsh

Enterprise Products Partners Flat Amid Volatile Week, Midstream ETF Gains

Enterprise Products Partners (EPD) ended the week flat near $36.57 despite sharp daily swings and volume 25% below average, underperforming the Alerian MLP ETF (AMLP) which gained 1.5%.

Cisco Shares Slide 4.4% as AI Rally Retreats, Dow Takes Hit
Markets Daniel Marsh

Cisco Shares Slide 4.4% as AI Rally Retreats, Dow Takes Hit

Cisco shares tumbled 4.37% to $113.77 on Friday, with volume surging to over double the average, as the AI-networking rally faded. The drop erased 32 Dow points and left the stock 12.7% below its 52-week high.

CSCO
Take-Two Holds Steady as GTA 6 Preorders Begin, Analysts Eye Recurring Revenue
Markets Daniel Marsh

Take-Two Holds Steady as GTA 6 Preorders Begin, Analysts Eye Recurring Revenue

Take-Two shares closed nearly unchanged at $238.53 as GTA VI preorders began. Analysts raised price targets, focusing on GTA Online's recurring revenue potential.

TTWO
3M Stock Slips on Heavy Volume, Erases Weekly Gains Amid Market Rotation
Markets Daniel Marsh

3M Stock Slips on Heavy Volume, Erases Weekly Gains Amid Market Rotation

3M dropped 2.36% on Friday, erasing most of the week's gain, as market rotation hit the stock. After-hours shares rebounded 1.12%.

MMM
Texas Instruments Plunge Complicates Russell Rebalance for Traders
Markets Daniel Marsh

Texas Instruments Plunge Complicates Russell Rebalance for Traders

Texas Instruments slid 8.46% to $285.43, capping a 14.1% weekly drop, as FTSE Russell shifted TXN from Defensive to Dynamic in its Stability indexes, triggering heavy volume and a $24 billion market cap loss.

TXN SOXX SPY
PayPal Shares Pop on Heavy Volume, Short Interest Hits 54M
Markets Daniel Marsh

PayPal Shares Pop on Heavy Volume, Short Interest Hits 54M

PayPal (PYPL) jumped 4.5% to $44.29 on Friday, with volume more than double its 65-day average, after short interest rose 9.7% to 54.35 million shares. The stock is still down 44% from its 52-week high.

PYPL
Uber surges 5.5% on volume spike as safety overhaul, robotaxi outlook drive debate
Markets Daniel Marsh

Uber surges 5.5% on volume spike as safety overhaul, robotaxi outlook drive debate

Uber surged 5.47% on Friday with trading volume 3.46 times its 65-day average, as investors weigh tighter U.S. background checks and robotaxi expansion.

UBER GOOGL
Honeywell Split Debuts Monday: Key Price Level to Watch
Markets Daniel Marsh

Honeywell Split Debuts Monday: Key Price Level to Watch

Honeywell's two-for-one split begins Monday, with the combined package of new shares valued at $464.42. Both stocks will trade as separate S&P 500 members.

HON CAG
Generate Biomedicines Shares Reclaim IPO Price After Heavy Trading Week
IPO Michael Okonkwo

Generate Biomedicines Shares Reclaim IPO Price After Heavy Trading Week

Generate Biomedicines (GENB) surged 13.7% in a week, closing Friday at $16.47—above its $16 IPO price—with heavy volume and a $2.11B market cap, as sector momentum lifts biotech stocks.

NVS AMGN XBI
Snowflake Soars 9.65% in Heavy Russell Rebalance Volume
Markets Daniel Marsh

Snowflake Soars 9.65% in Heavy Russell Rebalance Volume

Snowflake (NYSE:SNOW) jumped 9.65% to $248.96 on Friday, driven by FTSE Russell's index rebalancing, with volume hitting 25.61 million shares. The gain flipped a weekly decline into a 7.2% rise from June 18.

SNOW QQQ SPY AMZN
GameStop Stock Rises as EBITDA Forecast Nears Cash Pile Value
Markets Daniel Marsh

GameStop Stock Rises as EBITDA Forecast Nears Cash Pile Value

GameStop shares rose 3.57% to $21.76 after forecasting FY2026 adjusted EBITDA above $600 million, nearly matching its $9.7 billion cash pile. The market cap now closely aligns with liquid assets.

GME EBAY