Tech Sector Sees $20B Outflow as AI Trade Loses Steam
Markets Daniel Marsh

Tech Sector Sees $20B Outflow as AI Trade Loses Steam

Nearly $20 billion exited tech sector funds last week, wiping out prior record inflows, as AI trade momentum cooled and chip stocks suffered their worst weekly drop since March.

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Freshworks Shares Surge on AI Growth and Buyback Momentum
Technology Sarah Chen

Freshworks Shares Surge on AI Growth and Buyback Momentum

Freshworks (NASDAQ: FRSH) surged 5.1% to $9.64 on heavy volume, as CEO Dennis Woodside outlined AI customer growth and a path to GAAP profitability by H2 2026.

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AT&T's 4.9% Dividend Yield and $8B Buyback Put Focus on Cash Flow
Earnings James Calloway

AT&T's 4.9% Dividend Yield and $8B Buyback Put Focus on Cash Flow

AT&T's 4.9% dividend yield and $8 billion buyback total nearly 10% of equity value, with Q2 free cash flow guidance of $4.0-$4.5 billion set to cover dividends by over 2x.

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Tesla Stock Rebounds Intraday but June Selloff Erases $240 Billion
Markets Daniel Marsh

Tesla Stock Rebounds Intraday but June Selloff Erases $240 Billion

Tesla shares bounced 1.3% to $380.03 after a volatile session, yet the stock is still down 15% in June, losing $240 billion in market cap as investors weigh delivery data, FSD investigations, and AI spending.

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FuelCell Energy Soars on Fit Energy Deal, But Contingencies Loom
Markets Daniel Marsh

FuelCell Energy Soars on Fit Energy Deal, But Contingencies Loom

FuelCell Energy surged 18.3% after a 30-MW deal with Fit Energy, but most of the 380-MW potential remains contingent on future elections and deposits.

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ImmunityBio Jumps on Russell Index Rebalancing and High Valuation
Markets Daniel Marsh

ImmunityBio Jumps on Russell Index Rebalancing and High Valuation

ImmunityBio surged 9.2% to $8.51 as its market cap exceeded the Russell 1000 cutoff, drawing buyers ahead of index reconstitution.

IBRX
Grab Rises on $400M Buyback Plan Despite Insider Sale
Markets Daniel Marsh

Grab Rises on $400M Buyback Plan Despite Insider Sale

Grab Holdings shares gained 3% as a $400 million buyback plan outweighed a $497,000 insider sale. Q1 revenue rose 24% to $955 million.

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MARA Stock Surges as Focus Shifts to Long Ridge Power Data
Markets Daniel Marsh

MARA Stock Surges as Focus Shifts to Long Ridge Power Data

MARA surged 6.6% to $14.79 after a filing showed Long Ridge's Q1 adjusted EBITDA of $25.4 million, with Citizens initiating coverage at Outperform and a $24 target.

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Uber Gains $7.9B in Market Cap as Core Business Drives Confidence
Markets Daniel Marsh

Uber Gains $7.9B in Market Cap as Core Business Drives Confidence

Uber shares jumped 5.2% on Friday, adding $7.9 billion in market cap, as investors focused on the company's robust Q2 EBITDA outlook and core business fundamentals.

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Eli Lilly Surge Lifts Healthcare ETF on GLP-1 Access and Drug Approval
Markets Daniel Marsh

Eli Lilly Surge Lifts Healthcare ETF on GLP-1 Access and Drug Approval

Eli Lilly shares jumped 6.5% on Medicare GLP-1 access and a positive EU drug opinion, lifting the healthcare sector ETF XLV by 2.4%.

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Ford Stock Edges Up Despite Recall Concerns After J.D. Power Quality Win
Markets Daniel Marsh

Ford Stock Edges Up Despite Recall Concerns After J.D. Power Quality Win

Ford shares gained 0.6% to $14.195 after J.D. Power ranked it the top mass-market brand in quality, but 51 recalls this year continue to weigh on investor sentiment.

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Vertiv stock slides 6.6%, erasing $8.4B as AI infrastructure price concerns mount
Markets Daniel Marsh

Vertiv stock slides 6.6%, erasing $8.4B as AI infrastructure price concerns mount

Vertiv (VRT) plunged 6.6% to $304.15, erasing $8.4B in market value—over 80% of FY2025 revenue—as AI infrastructure stocks retreated. Analysts still see upside with $380 targets.

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