Bank of America Shares Rise on Upgraded Q2 Trading Revenue Forecast
Earnings James Calloway

Bank of America Shares Rise on Upgraded Q2 Trading Revenue Forecast

Bank of America shares edged higher after management indicated Q2 markets revenue may surpass the 15% growth forecast, fueled by equities trading strength. A DOJ subpoena on debanking also emerged.

BAC JPM C WFC KBE
Navitas Semiconductor Plunges 9% on $500M Stock Sale, Director Exit
Markets Daniel Marsh

Navitas Semiconductor Plunges 9% on $500M Stock Sale, Director Exit

Navitas Semiconductor shares fell 9% after unveiling a $500M stock sale program, overshadowing its AI power-chip story. Director Ranbir Singh also resigned, intensifying supply and governance worries.

NVTS NVDA
Amazon Secures $17.5B Loan, AI Spending Raises Cash Flow Concerns
Technology Sarah Chen

Amazon Secures $17.5B Loan, AI Spending Raises Cash Flow Concerns

Amazon shares fell 2.3% after disclosing a $17.5B loan facility, intensifying scrutiny of AI spending as free cash flow dropped sharply and debt rose.

AMZN GOOGL META
Honeywell Drops 3.6% as Split Concerns Mount Ahead of Investor Event
Markets Daniel Marsh

Honeywell Drops 3.6% as Split Concerns Mount Ahead of Investor Event

Honeywell shares slid 3.6% amid valuation worries and analyst downgrades ahead of its aerospace spin-off and investor meeting.

HON
Pop Culture Group Surges on Revenue Growth Despite Margin and Crypto Concerns
Earnings James Calloway

Pop Culture Group Surges on Revenue Growth Despite Margin and Crypto Concerns

Pop Culture Group shares soared 378% to $1.72 after half-year revenue jumped 65% to $68.9M, led by digital entertainment. But thin margins, a net profit decline, and Bitcoin-linked losses cast doubt on the rally's durability.

CPOP
Delta Air Lines Stock Tumbles as Oil Surge Reignites Fuel Cost Concerns
Markets Daniel Marsh

Delta Air Lines Stock Tumbles as Oil Surge Reignites Fuel Cost Concerns

Delta shares dropped 5.1% as oil prices surged, reviving fears over jet fuel costs and testing the airline's margin guidance. The market now looks to Delta's quarterly report for evidence that fare increases and capacity cuts can manage rising expenses.

DAL UAL AAL
Webull Stock Jumps 12% on Heavy Call Options Volume After FINRA Rule Change
Markets Daniel Marsh

Webull Stock Jumps 12% on Heavy Call Options Volume After FINRA Rule Change

Webull shares climbed 11.9% to $6.16 on heavy call options volume, driven by FINRA's rule change eliminating the $25,000 day-trading minimum for small accounts.

BULL
Bloom Energy Stock Tumbles as Crusoe Halts Major Data Center Project
Markets Daniel Marsh

Bloom Energy Stock Tumbles as Crusoe Halts Major Data Center Project

Bloom Energy shares plunged over 9% after Crusoe paused its 1.8GW Cheyenne data center project, fueling doubts about the speed of fuel-cell pipeline monetization. Oracle's earnings are the next key catalyst.

BE ORCL AEP
Battalion Oil Rockets 51% on Record Volume Ahead of Annual Meeting
Markets Daniel Marsh

Battalion Oil Rockets 51% on Record Volume Ahead of Annual Meeting

Battalion Oil shares soared 51% to $1.98 on record volume of 120 million shares, driven by speculation around its Monument Draw drilling plan and refinancing talks.

BATL
Ambev ADR Steady at $3.12 as Focus Shifts to Interest-on-Capital Payouts and Q2 Earnings
Markets Daniel Marsh

Ambev ADR Steady at $3.12 as Focus Shifts to Interest-on-Capital Payouts and Q2 Earnings

Ambev's ADR trades near $3.12 as the market eyes interest-on-capital payouts and Q2 results, with caution after May's rally.

Fermi Stock Surges on OpenAI Data Center Speculation, Tenant Uncertainty Remains
Markets Daniel Marsh

Fermi Stock Surges on OpenAI Data Center Speculation, Tenant Uncertainty Remains

Fermi Inc. shares surged 24% to $6.99 on heavy volume after OpenAI's Ohio data center plans fueled speculation, but the company still lacks tenant agreements and revenue.

FRMI NVDA
Grab Shares Edge Higher as Taiwan Deal Nears Regulatory Verdict
Regulation James Calloway

Grab Shares Edge Higher as Taiwan Deal Nears Regulatory Verdict

Grab shares edged up 0.5% to $3.315 after detailing partner commitments for its $600 million foodpanda Taiwan acquisition, a deal that could add $60 million to adjusted EBITDA in 2028.

GRAB