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Dow's Modest Drop Conceals 936 Points of Intense Single-Stock Turmoil
The Dow slipped 96 points, but a massive 936-point swing within the index underscored sharp divergences among components, with IBM plunging and banks surging.
NextCure Shares Skyrocket on Merger Deal, But Investors Eye Cash Payout
NextCure shares jumped 176.6% on merger news with Avere Therapeutics, but existing holders will own just 1.21% of the combined firm, focusing on a possible cash payout.
DP World's Fujairah Plan Targets Jebel Ali's 28% Volume Share Amid Hormuz Tensions
DP World's Fujairah port plan seeks to diversify away from Jebel Ali, which accounted for 27.8% of consolidated container volume in 2025, as geopolitical risks in the Strait of Hormuz intensify.
Intel Stock Lags Chip Sector on $5.7B Ireland Bet, Cash Flow Concerns
Intel shares rose 1.4% but lagged chip peers as a $5.7 billion Ireland expansion raised cash-flow concerns, with external foundry revenue at just 3.2%.
UiPath Stock Rebounds After IBM Rout, Trades Near Buyback Level
UiPath stock bounced back 7.3% from its session low after an IBM-driven selloff, now trading near its buyback price of $11.47 with a cash-heavy balance sheet.
June CPI Drop Lowers Odds for 3.8% Social Security COLA in 2027
June's CPI drop lowers the probability of a 3.8% Social Security COLA for 2027, with the current Q3 average pointing to a 3.1% increase. The gap represents an $11.6 billion annualized difference in federal spending.
SoFi Stock Rebounds as Second Half Margin Targets Come into Focus
SoFi shares rose 2.6% in after-hours trading following cooler U.S. inflation data. The company's 2026 profit goals hinge on a sharp margin improvement in the second half of the year.
Nokia Faces Steep Profit Climb as Ericsson Flags AI-Driven Cost Pressures
Nokia shares fell 2.5% after Ericsson flagged AI-driven cost inflation. With 72.4% of Nokia's 2026 profit expected in H2, investors are focused on margins.
United's Table-Seat Experiment: Four Seats Must Earn 50% More
United Airlines is testing a shared-table row on its A321XLR jets, blocking two middle seats. The four remaining seats must generate 50% more revenue to match a standard row.