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Grab Stock Surges 8% on Record Profit, Superbank Consolidation Plans
Grab Holdings shares surged 8% to $3.57, outpacing the Nasdaq, as investors cheered record profit, 24% revenue growth, and Superbank consolidation plans.
Apple Stock Nears $300 Amid Memory Cost Pressure on Pricing
Apple shares closed at $298.01, up 2.4% for the week, as Tim Cook warns product price hikes are unavoidable due to AI-driven memory chip cost increases.
Keel Infrastructure's AI Data Center Pivot Faces Key Lease Test
Keel Infrastructure shares surged last week as the company shifts from bitcoin mining to AI data centers. With $458M in new notes and a 2.2 GW pipeline, the focus is on securing tenant leases.
Ford Shares Slip as Canadian Labor Talks Loom
Ford shares dropped 5.3% in a holiday-shortened week, underperforming the S&P 500, as investors brace for Unifor labor talks in Toronto that may shape Detroit Three bargaining.
Chubb's Valuation in Focus as War-Risk Consortium Launch Triggers Stock Dip
Chubb shares closed at $323.40, down 1.36%, as a new marine war-risk consortium and undervalued label draw investor attention ahead of Monday's trading.
Netflix Shares Dip Amid Streaming M&A Speculation and Market Closure
Netflix shares closed at $77.38 after a 3.7% weekly decline, underperforming the Nasdaq's 2.43% gain amid Fox's Roku deal and acquisition speculation.
AT&T Faces New Week at $22 After Regulatory Hurdles and Competitive Pressure
AT&T closed the holiday-shortened week at $22.01, near its 52-week low, as California regulators challenge its copper-wire exit plan.
American Airlines Rides Fuel Relief to Weekly Gain; Analyst Views Split
American Airlines shares rose 6.7% in a shortened holiday week as lower jet fuel prices boosted airline stocks, though analysts warn a rebound in fuel costs could reverse gains ahead of a key June 24 hearing on airline competition.