Latest News
SpaceX Plunge Erases $39B as Peers Gain; Sector Diverges
SpaceX's $39.5B loss far outweighed the $2B combined gain of MDA, Rocket Lab, and AST SpaceMobile on Tuesday.
Bank Stocks Split on Guidance as Earnings Beats Fail to Unite Investors
Goldman Sachs surged 9% after a 44.9% earnings surprise, while Citigroup fell 5.3% despite a 15% beat. JPMorgan rose 2.5% on a raised outlook, but Wells Fargo slipped 2.7% with steady forecasts.
Arbe Robotics Soars 27% on Defense Contract, Market Cap Jumps $23M
Arbe Robotics shares jumped 27% after landing a defense contract for three radar projects, adding $22.8M in market cap. Initial orders have been shipped, but no contract value was disclosed.
Aehr Test Systems Soars on Record Orders, Backlog Covers Up to 77% of FY2027 Target
Aehr Test Systems (AEHR) shares jumped 5.9% on Tuesday and surged 27% after hours on record orders and a $100.6M backlog, covering 67%-77% of its fiscal 2027 revenue target.
Apple's $250 Target from KeyBanc Suggests $955B Market Cap Gap
Apple shares rose 9% in July but remain $955B below KeyBanc's $250 target. Analysts see risks from slower upgrades and higher costs.
SemiLEDs Shares Leap 47% on Equipment Resale Boost, LED Sales Show Progress
SemiLEDs shares jumped 47% after equipment resales accounted for 94% of gross profit in Q3, while LED sales improved. Revenue surged to $9M, but customer concentration and going-concern risks remain.
Carvana Soars 8% on Inflation Data, Spotlight on Lending Growth
Carvana shares rose 8.29% as lower inflation boosted rate-cut hopes, with focus on its expanding financing operations.
Bradesco ADR Rises on Currency Boost, Local Shares Fall
Bradesco's ADR rose 0.55% in New York, but local preferred shares fell 0.75% in São Paulo. The dollar's 1.12% drop against the real accounted for 68% of the ADR move.
Morgan Stanley Stock Holds Above Key Level Ahead of Q2 Earnings
Morgan Stanley shares closed at $227.67, up 2.98%, ahead of Q2 earnings. Analysts expect $19.7B revenue and $2.93 EPS, with focus on wealth management and capital markets.