Snap Stock Drops on Pricy AR Glasses as Meta Unveils $299 Rival
Technology Sarah Chen

Snap Stock Drops on Pricy AR Glasses as Meta Unveils $299 Rival

Snap shares dropped 3.8% after unveiling $2,195 AR glasses, facing price pushback as Meta launched $299 AI glasses. Investors are wary of Snap's costly hardware push.

SNAP META PINS
Quantinuum Stock Jumps on White House Quantum Push and HPE Deal
Technology Sarah Chen

Quantinuum Stock Jumps on White House Quantum Push and HPE Deal

Quantinuum shares rose 14.6% to $78.21 after White House orders set a 2028 quantum computing target and pushed post-quantum cryptography, while the company announced a HPE partnership and $100M in CHIPS Act incentives.

QNTM HPE QBTS RGTI IONQ
Pfizer Shares Dip as Key Lung Cancer Drug Fails Trial, Pressuring Growth Plans
Markets Daniel Marsh

Pfizer Shares Dip as Key Lung Cancer Drug Fails Trial, Pressuring Growth Plans

Pfizer shares slipped 0.8% after a key lung cancer drug from its Seagen acquisition missed survival goals in a late-stage trial, intensifying pressure on growth plans.

PFE MRK
Grab Faces Indonesia Fee Cut Test as Margins Tighten
Markets Daniel Marsh

Grab Faces Indonesia Fee Cut Test as Margins Tighten

Grab shares hover near $3.48 as Indonesia cuts ride-hailing commissions from 20% to 8% from July 1, pressuring margins. Investors eye volume growth and AI tools to offset profit risks.

GRAB UBER DASH
Backblaze Stock Soars on $335 Million AI Storage Deal with CoreWeave
Technology Sarah Chen

Backblaze Stock Soars on $335 Million AI Storage Deal with CoreWeave

Backblaze shares jumped nearly 40% on a $335 million storage deal with CoreWeave, marking a major AI infrastructure win for the small-cap cloud firm.

BLZE
Aditxt Surges on New 10% Stake Filing Amid Financial Woes
Markets Daniel Marsh

Aditxt Surges on New 10% Stake Filing Amid Financial Woes

Aditxt shares soared after a new investor disclosed a 10.9% stake, but the company faces going-concern risks and a Nasdaq delisting appeal.

ADTX
Circle K Owner Couche-Tard Soars on Record Fuel Profits
Earnings James Calloway

Circle K Owner Couche-Tard Soars on Record Fuel Profits

Alimentation Couche-Tard shares jumped 11.5% after fourth-quarter profit crushed forecasts, fueled by record U.S. gasoline margins that outpaced rivals.

Maase Surges 24% on AI Infrastructure Pivot Despite Heavy Losses
Technology Sarah Chen

Maase Surges 24% on AI Infrastructure Pivot Despite Heavy Losses

Maase Inc (MAAS.O) soared 24% to $22.16 after filing interim accounts showing a major pivot to AI computing and energy infrastructure, despite a net loss of RMB1.85 billion and a 99.5% drop in cash.

MAAS NVDA
Tesla Stock Tumbles on US Safety Probe and European Sales Concerns
Markets Daniel Marsh

Tesla Stock Tumbles on US Safety Probe and European Sales Concerns

Tesla shares fell 5% on a new US safety probe and tech selloff, despite a 108% surge in European sales. Q2 delivery report due July 2 adds investor risk.

TSLA RIVN LCID QQQ
Plug Power Shares Stagnate as Liquidity Milestone Looms
Markets Daniel Marsh

Plug Power Shares Stagnate as Liquidity Milestone Looms

Plug Power shares hover near $2.79 as the hydrogen firm races to close a critical asset sale by month-end to shore up liquidity, with the stock still down 39% from its peak.

PLUG
Robinhood Shares Dip After $2 Billion Debt Issuance
Markets Daniel Marsh

Robinhood Shares Dip After $2 Billion Debt Issuance

Robinhood shares slipped 0.6% after pricing a $2 billion convertible note sale, raising $1.97 billion for buybacks, capped calls, and growth initiatives.

HOOD IBKR SCHW
Carnival Drops 5.5% on Weak Guidance Despite Record Revenue
Earnings James Calloway

Carnival Drops 5.5% on Weak Guidance Despite Record Revenue

Carnival shares fell 5.5% to $28.54 after a weaker-than-expected Q3 profit forecast of $1.35 per share, overshadowing record quarterly results. Investors reacted to higher fuel costs and geopolitical pressures impacting Mediterranean bookings.

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