Elbit Systems Surges 11.5% on German SkyStriker Deal and US Howitzer Pact
Markets Daniel Marsh

Elbit Systems Surges 11.5% on German SkyStriker Deal and US Howitzer Pact

Elbit Systems shares surged 11.5% on June 11 after announcing a strategic partnership with Diehl Defence for SkyStriker loitering munitions and a US howitzer pact with Anduril.

ESLT
Plug Power's Eight-Day Slide Continues as Investors Eye Key Asset Sale
Markets Daniel Marsh

Plug Power's Eight-Day Slide Continues as Investors Eye Key Asset Sale

Plug Power shares fell for an eighth straight session, closing at $2.76, underperforming major indexes, as investors focus on the upcoming $132.5-$142 million Stream Data Centers asset sale, a key liquidity event due by June 30.

PLUG
EchoStar Tumbles as SpaceX Direct Listing Dims Proxy Appeal
Markets Daniel Marsh

EchoStar Tumbles as SpaceX Direct Listing Dims Proxy Appeal

EchoStar plunged 11% on Friday as SpaceX's IPO allowed direct investment, reducing the proxy appeal. The stock now hinges on closing the AT&T spectrum sale and addressing a defaulted interest payment.

SATS TMUS VZ T
SoFi Stock Hovers at $16 as Market Awaits Q2 Earnings for Growth Clarity
Earnings James Calloway

SoFi Stock Hovers at $16 as Market Awaits Q2 Earnings for Growth Clarity

SoFi Technologies shares closed at $16.58, down 0.54%, as the market awaits Q2 earnings to validate growth and valuation amid a Hold consensus from analysts.

SOFI
Mortgage Rates Linger Near 2026 Highs as Fed Meeting Looms
Economy Daniel Marsh

Mortgage Rates Linger Near 2026 Highs as Fed Meeting Looms

U.S. mortgage rates are hovering near their highest levels since 2026, with the 30-year fixed averaging 6.57% as borrowers await the Federal Reserve's next move.

SPY
New York Enacts Law to Block 3D-Printed Firearms
Regulation James Calloway

New York Enacts Law to Block 3D-Printed Firearms

New York's FY27 budget law requires 3D printers sold in the state to include firearm-blocking technology, subject to a feasibility review, with a $5,000 penalty for noncompliance.

DDD SSYS
Grab Stock Nears 52-Week Low Despite Strong Q1 Growth; Q2 Results and Taiwan Deal in Focus
Earnings James Calloway

Grab Stock Nears 52-Week Low Despite Strong Q1 Growth; Q2 Results and Taiwan Deal in Focus

Grab shares hover near their 52-week low at $3.30, despite solid Q1 performance with revenue up 24% and adjusted EBITDA up 46%. The market awaits Q2 earnings and regulatory clarity on the Taiwan foodpanda deal.

GRAB
KEEL Stock Hovers Near $5.66 on AI Debt Deal and Russell 3000 Inclusion
Markets Daniel Marsh

KEEL Stock Hovers Near $5.66 on AI Debt Deal and Russell 3000 Inclusion

KEEL stock trades near $5.66 after hours as investors digest a $458M convertible note deal and upcoming Russell 3000 index inclusion, balancing AI data-center potential against ongoing losses.

AST SpaceMobile Tumbles as Space Stock Momentum Cools Ahead of Key Satellite Launch
Technology Sarah Chen

AST SpaceMobile Tumbles as Space Stock Momentum Cools Ahead of Key Satellite Launch

AST SpaceMobile shares plunged 15.5% to $82.41 amid a sector-wide selloff after SpaceX's market debut. The upcoming June 17 BlueBird satellite launch is the next major catalyst.

ASTS SPCE
Convicted Fintech Founder Seeks Trump Pardon in JPMorgan Fraud Case
Regulation James Calloway

Convicted Fintech Founder Seeks Trump Pardon in JPMorgan Fraud Case

Charlie Javice, convicted of defrauding JPMorgan in its $175 million Frank acquisition, is seeking a presidential pardon from Donald Trump as appeals and legal battles continue.

JPM
Fed Rate Decision, Retail Data to Steer Market Direction This Week
Markets Daniel Marsh

Fed Rate Decision, Retail Data to Steer Market Direction This Week

U.S. stocks rallied Friday but now face a crucial test as investors await Wednesday’s Federal Reserve decision and retail sales data.

SPY QQQ DIA
Ondas Holdings Drops 5% Ahead of STOXX Index Inclusion and LADOS Debut
Markets Daniel Marsh

Ondas Holdings Drops 5% Ahead of STOXX Index Inclusion and LADOS Debut

Ondas shares fell 5% to $9.33 on heavy volume as investors weighed upcoming STOXX index additions and the LADOS system debut at Eurosatory 2026, with the stock's outlook hinging on converting a $457 million backlog into revenue amid cash burn and share-supply risks.

ONDS