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Scage Future Stock Surges 195% Amid Volatility Halts, Then Drops in After-Hours Trading
Scage Future stock nearly tripled on Friday, hitting two volatility halts, but reversed sharply in after-hours trading after the company warned of losses and potential shareholder dilution.
Gold Slump and Broad Selloff Slam Newmont Shares
Newmont Corp. shares plunged nearly 8% to $99.71 as gold prices tumbled 3% after stronger-than-expected U.S. jobs data reduced hopes for Federal Reserve easing, sending Treasury yields higher and pressuring gold miners.
BitMine Stock Plunges After $273.8M Preferred Offering for Ethereum
BitMine shares dropped nearly 11% after announcing a $273.8 million preferred stock offering to support its Ethereum-focused treasury strategy.
Apple's WWDC: AI Hopes vs. Rate Reality
Apple shares slid 1% to $308.21 ahead of WWDC as tech stocks fell. Investors seek concrete AI and Siri updates amid a strong jobs report that dims rate cut expectations.
Azul Logística Slashes Brazil Cargo Transit to 3-4 Days
Azul Logística launches dedicated Campinas-Porto Velho freighter route, cutting delivery times to Brazil's North from over 10 days to 3-4 days, as part of post-bankruptcy 'responsible growth' strategy.
Wall Street Tumbles as Hot Jobs Data Dashes Rate Cut Hopes
U.S. stocks fell sharply Friday as a robust jobs report led traders to price in higher odds of a Fed rate hike, sending the Nasdaq down over 3% and the semiconductor index into its worst drop since the tariff rout.
TerraVest Plunges 30% on Insider-Tipping Probe
TerraVest shares plunged over 30% after the board launched a review into allegations that Executive Chairman Charles Pellerin shared privileged information before the EnTrans deal.
AT&T Rebounds Amid Starlink Disruption Fears
AT&T shares rebounded 1.1% to $23.02 after Oppenheimer downgraded the stock, citing Starlink's potential to disrupt the $1.6 trillion U.S. telecom industry.
Mexican Peso Slides as Strong US Jobs Data Revives Fed Rate Hike Bets
The Mexican peso dropped more than 1% to 17.47 per dollar after a robust US jobs report boosted Treasury yields and the greenback, reviving expectations of a Federal Reserve rate hike this year.
Southwest Airlines Eyes Long-Haul International Expansion to Boost Revenue
Southwest Airlines is expanding its network with new leisure routes and long-haul international ambitions, targeting eight to 12 destinations within five years to drive growth after record Q1 results.