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Dow Hits New Record as Tech Selloff Weighs on S&P 500 and Nasdaq
Dow Jones Industrial Average reached a second straight record close at 51,999.67, while S&P 500 and Nasdaq declined as tech stocks slumped, led by a 5.7% drop in the Philadelphia semiconductor index.
GD Culture Group Plunges 73% as Buyout Doubts and Dilution Fears Mount
GD Culture Group shares plummeted 73.3% on heavy volume, with the non-binding buyout offer, a $300 million at-the-market stock sale, and bitcoin volatility fueling investor uncertainty.
La-Z-Boy Surges on Q4 Earnings Beat, $300M Buyback
La-Z-Boy shares surged nearly 17% after hours after Q4 adjusted earnings of $1.26 per share beat estimates, offsetting a 7.2% drop in regular trading, as retail expansion and a $300 million buyback boosted sentiment.
UiPath Stock Slides Despite Maestro Case Launch Amid Tech Rout
UiPath shares dropped 2.7% to $10.52 after introducing Maestro Case, an AI-native case-management tool, as tech sector declines and market competition weighed on investor sentiment.
Super Micro Computer Slips 5.3% as Jane Street Discloses 8.5% Stake Amid Dilution Fears
Super Micro Computer shares dropped 5.3% as Jane Street revealed an 8.5% passive stake, while investors weighed dilution risks from a $7 billion equity-linked financing plan tied to $39 billion in AI-server orders.
Student Loan Overhaul: SAVE Plan Borrowers Face July 1 Deadline
The SAVE student loan plan ends July 1, forcing 6.5 million borrowers to select a new repayment option within 90 days or be moved automatically. The transition faces technical glitches and confusion.
Nubank shares rise despite Citi downgrade on credit worries
Nu Holdings shares rose 2.33% to $12.72 despite a Citigroup downgrade to Neutral on credit quality and margin concerns. The stock remains down 24% year-to-date.
Aditxt stock sinks to penny level amid Nasdaq delisting fears
Aditxt shares plunged 17% to $0.0109 amid heavy volume as Nasdaq delisting risk and Ignite Proteomics deal uncertainty overshadowed an insider purchase.
Sadot Group Shares Tumble 63% Amid Nasdaq Delisting Deadline and Real Estate Deal Concerns
Sadot Group shares fell 63.1% to $8.67 after a volatility halt, as the company faces a June 22 Nasdaq delisting deadline and a large stock-funded real estate option.
Pfizer Shares Edge Up as Rigel Completes Veppanu Licensing Deal
Pfizer shares edged up after Rigel completed a Veppanu licensing deal with Arvinas, providing a $35 million payment to Pfizer.
Halland's Tourism Sector Sees Uptick in International Visitors Ahead of Summer Season
Halland tourism firms report a 14.2% rise in foreign guest nights, outpacing Sweden's 7.7% average, with nearly 70% expecting a good 2026 season.
Ondas Shares Dip Amid Share Resale Concerns Despite Defense Product Launch
Ondas shares dropped 3.1% to $9.21 as a resale filing for 6.1 million shares tied to acquisitions weighed on the stock, despite the company's launch of new autonomous defense systems and strong order growth.