Latest News
Regentis Biomaterials Shares Retreat After Record Surge on Withdrawal of Share Offering
Regentis Biomaterials shares dropped 27.66% premarket after a 506% surge driven by the withdrawal of a planned share offering, with investors focusing on upcoming surgeon training and funding concerns.
SpaceX Rally Continues After Record Nasdaq Debut, Index Inflows Loom
SpaceX shares climbed 19.6% to $192.50 on Monday, pushing its market cap to $2.52 trillion. Underwriters exercised the greenshoe, raising $85.7 billion. Index additions and options trading are upcoming, but analysts flag overvaluation.
Grab Rides Tech Rally, Focus Shifts to Superbank Integration
Grab shares jumped 4.85% on Monday, tracking a tech rally, but the stock remains near its 52-week low. All eyes are on August's Q2 results and updated guidance following the Superbank consolidation.
SoFi Technologies Rises on Wall Street Rally Ahead of Fed Meeting
SoFi Technologies (SOFI) climbed 3.3% to $17.13 on Monday, driven by a broader market rally amid easing inflation fears and lower oil prices, as all eyes turn to the Fed's upcoming meeting.
Oil Price Plunge on Iran Deal Drives Mortgage Rates to One-Month Low
Mortgage rates hit a one-month low of 6.56% after oil prices fell sharply on a tentative U.S.-Iran deal. Markets now focus on the Fed's upcoming rate decision.
Einhorn's DME Capital Takes Stake in StubHub, World Cup Demand Lifts Stock
StubHub shares jumped 23% after David Einhorn's DME Capital disclosed a new stake. Guggenheim reiterated its Buy rating, pointing to World Cup ticket demand and strong Q1 earnings.
Markets Rally on Iran Deal Hopes; Mortgage Rates Slip, Tech Stocks Surge
US stock futures rallied Tuesday amid easing geopolitical tensions and lower oil prices. Mortgage rates hit a one-month low, while SoFi and Grab shares climbed. Rathbones Group tumbled after regulatory action.
Intel Gains as Chip Stocks Rally on Easing Inflation, AI Optimism
Intel shares rose $3.26 to $127.86 as chip stocks rallied on easing inflation and AI optimism. The Philadelphia Semiconductor Index closed at a new high. Investors now await Intel's Q2 earnings on July 23 for proof of demand-driven revenue growth.
Dave & Buster's Shares Plunge After Q1 Miss, Comps Slide 5.4%
Dave & Buster's shares fell 4.72% and dropped further after hours as Q1 revenue, adjusted profit, and comparable-store sales all missed expectations.
HUBC Stock Skyrockets on Filing Activity and Nasdaq Compliance Concerns
HUBC shares jumped 42% following ownership filings and a reverse split, but the real focus is on the overdue 2025 Form 20-F and Nasdaq compliance plan due July 17.
Nvidia's $25B Bond Sale Fuels Share Rally as AI Demand Stays Strong
Nvidia shares jumped 3.5% after a $25 billion bond sale, upsized from $20 billion due to $85 billion investor demand, signaling strong credit confidence ahead of August 26 earnings.