ON Semiconductor Plunges 14% on Synaptics Stock Deal; Target Shares Rally
Markets Daniel Marsh

ON Semiconductor Plunges 14% on Synaptics Stock Deal; Target Shares Rally

ON Semiconductor shares dropped 14.2% premarket after announcing an all-stock deal to buy Synaptics, erasing about $6.6 billion in market cap. Synaptics shares gained 4.5%.

ON SYNA SOXX
MaaT Pharma Faces CHMP Setback, Eyes September Appeal
Regulation James Calloway

MaaT Pharma Faces CHMP Setback, Eyes September Appeal

MaaT Pharma shares dropped 3.9% to €2.60 after CHMP issued a negative opinion on Xervyteg. The company plans a re-examination in September, with cash lasting until November 2026.

SoFi Holds Near $17 as Russell Rebalancing Looms
Markets Daniel Marsh

SoFi Holds Near $17 as Russell Rebalancing Looms

SoFi shares remain near $17.30 despite an AI investing platform launch, as investors focus on Friday's Russell index rebalancing that could drive significant volume and volatility.

SOFI
Micron shares dip after record surge as contract price caps raise concerns
Earnings James Calloway

Micron shares dip after record surge as contract price caps raise concerns

Micron shares slipped 5.4% premarket Friday after a record 15.7% rally, as investors weigh $100 billion in customer deals with price caps that could cap upside if chip prices rise.

MU AAPL
INVO Fertility Surges on Clinic Buyout and Nasdaq Compliance
Markets Daniel Marsh

INVO Fertility Surges on Clinic Buyout and Nasdaq Compliance

INVO Fertility shares jumped 51.6% premarket after the company took full control of its Birmingham clinic for $1 upfront and regained Nasdaq compliance.

IVF
INLIF Pre-Market Volume Surges 81x Shares Outstanding After Reverse Split
Markets Daniel Marsh

INLIF Pre-Market Volume Surges 81x Shares Outstanding After Reverse Split

INLIF (NASDAQ:INLF) surged in pre-market trading with volume exceeding 1 billion shares, 81 times its outstanding shares, as the stock remains well below Nasdaq's $1 minimum bid requirement.

INLF
Microsoft's Russell Index Shift Tests Value-Growth Dynamics Amid June Selloff
Technology Sarah Chen

Microsoft's Russell Index Shift Tests Value-Growth Dynamics Amid June Selloff

Microsoft fell 3.46% to a 52-week low ahead of the $150 billion Russell index reconstitution, which places the stock in both value and growth categories. EU regulations, Italian antitrust probe, and rising memory costs add pressure.

MSFT AAPL AMZN
Triller Stock Surges After SpaceX Stake Deal Valued at $411 Million
Markets Daniel Marsh

Triller Stock Surges After SpaceX Stake Deal Valued at $411 Million

Triller shares surged 95% premarket after announcing a $411.3 million SpaceX-linked purchase, nearly seven times its equity value, despite a massive working-capital deficit.

Intel Shares Slide Premarket as Chip Sector Weakness Persists
Markets Daniel Marsh

Intel Shares Slide Premarket as Chip Sector Weakness Persists

Intel dropped over 3% premarket as chip stocks slid. The stock trades 29% above Wall Street's 12-month target despite a $3.7 billion loss.

INTC AMD NVDA MU AVGO AAPL
Nvidia's Premarket Drop Signals S&P 500 Vulnerability as AI Chip Rally Falters
Markets Daniel Marsh

Nvidia's Premarket Drop Signals S&P 500 Vulnerability as AI Chip Rally Falters

Nvidia's 1.4% premarket drop erased $67 billion and pressured the S&P 500, underscoring the risks of its 7.5% index weight. The selloff in chip stocks reflects growing caution on AI spending and costs.

NVDA SPY INTC AMD MU AAPL
Titan Mining Shares Surge 42% Premarket on U.S. Army Lease Deal for Graphite Processing
Markets Daniel Marsh

Titan Mining Shares Surge 42% Premarket on U.S. Army Lease Deal for Graphite Processing

Titan Mining shares soared 41.71% premarket to $3.16 after the U.S. Army chose its Empire State Mines unit for conditional lease negotiations on graphite processing facilities, boosting market cap by $91 million.

TII
Court Ruling Casts Doubt on Private Student Lenders' Growth Hopes
Regulation James Calloway

Court Ruling Casts Doubt on Private Student Lenders' Growth Hopes

A U.S. judge blocked the Education Department's narrower professional degree test, keeping some high-cost graduate programs in federal lending and casting uncertainty on private lenders' growth projections.

SLM SOFI