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ASX 200 Steadies as Oil Surge Offsets Tech Slump
The ASX 200 remained flat as a 9.6% rally in oil prices buoyed energy stocks, offsetting a 1.55% decline in the Nasdaq. Financials provided support, but tech and gold miners faced headwinds.
JD.com Rises on Volume, Qualcomm Slips as Chip Selloff Deepens
JD.com (JD) rose 2.4% on Monday with volume matching its average, while Qualcomm (QCOM) dropped 2.7% despite a TD Cowen price target increase.
Salesforce Gains 4.8% as Debt Concerns Cloud AI-Driven Growth Story
Salesforce shares climbed 4.8% Monday as investors debated the impact of acquisitions on its AI strategy. However, debt-adjusted valuation metrics reveal a higher price tag than headline multiples suggest.
GE Vernova Turbine Demand Surges, but Stock's Valuation Tests Limits
GE Vernova stock dips 4.49% after a failed technical breakout, even as turbine demand remains robust. The company's high valuation and execution risks are in focus.
NuScale's 85% Plunge Casts Doubt on $2.9B TVA Deal
NuScale Power shares fell to a new low, down 85.5% from October highs, as scrutiny intensifies over the financial terms of its Tennessee Valley Authority deal.
Peso Drops as Oil Surge Wipes Out Month of Carry Trade Gains
The Mexican peso slipped 0.35% to 17.52 per dollar on Monday, erasing a month of carry trade gains as Brent crude surged 9.6% on U.S.-Iran tensions near the Strait of Hormuz.
Palantir's $400B Valuation Nears as Earnings Test Looms on Aug 3
Palantir (PLTR) rises 2.6% as market cap nears $400B ahead of Aug 3 earnings. Revenue, margin, and dilution will test its premium AI valuation.
AMC's $200M Rescue: A Costly Bridge to 2029
AMC's $200 million share sale buys time but costs more in fees than a year of interest savings, highlighting persistent balance sheet challenges.
NIO Gains 3.1% After Goldman Upgrade; Focus Shifts to $15.2 Billion Cash-Flow Turnaround
Goldman Sachs upgraded NIO to Buy, citing a $15.2 billion yuan cash-flow turnaround in 2026. Shares closed 3.1% higher at $4.93.
