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Opendoor Rises on Russell 3000 Inclusion, But Risks Linger
Opendoor shares jumped 3.8% to $4.61 as investors eye Russell 3000 inclusion after June 26, but the stock remains risky amid ongoing losses and mixed analyst targets.
AmEx to Acquire TheFork from TripAdvisor for $700M, Expanding Dining Network
American Express will acquire TheFork from TripAdvisor for $700 million in cash, expanding its dining network to 75,000 bookable venues and allowing TripAdvisor to focus on its Experiences segment.
B-21 Raider Accelerates Testing with Dual Pilot Flight
The U.S. Air Force flew a B-21 Raider with both operational and developmental test pilots, merging testing phases to accelerate combat readiness.
Micron Stock Surges on AI Memory Demand Ahead of Q3 Earnings
Micron shares surged 10% as analysts raised price targets on AI memory demand, with fiscal Q3 earnings on June 24 as the next key catalyst.
BitMine's Ethereum Holdings Surge to 5.62M ETH, Stock Climbs Ahead of Preferred Debut
BitMine Immersion Technologies shares jumped 6.7% to $17.19 after revealing a massive Ethereum treasury of 5.62 million ETH, ahead of its Series A preferred stock listing on the NYSE.
Nu Holdings Rises Despite Citi Downgrade; Focus on Q2 Credit Trends
Nu Holdings shares rose 1.7% to $12.40 despite a Citi downgrade to Neutral, as investors focus on upcoming Q2 earnings and credit trends.
Regentis Shares Surge After Withdrawing U.S. Share Offering
RGNT surged up to 850% after Regentis withdrew its U.S. share offering, easing dilution fears but leaving funding concerns amid a $13.6 million loss and going concern warning.
Fox Shares Tumble on $22B Roku Acquisition, Debt and Dilution Concerns
Fox shares plunged Monday after the company unveiled a $22 billion cash-and-stock acquisition of Roku, sparking investor concerns over added debt and share dilution.
Mizuho Raises D-Wave Quantum Target, Shares Surge Despite Valuation Concerns
Mizuho lifted D-Wave Quantum's price target to $35, boosting shares 14.3%. While bookings and cash are strong, revenue dropped 81% and losses deepened, underscoring valuation risks.
Air Taxi Stocks Surge on Risk-On Wave; Joby Aviation Up 7%
Joby Aviation shares climbed 7% to $9.79 as part of a broad risk-on rally, with no company-specific news. Investors await FAA milestones and Dubai commercial flights.