U.S. Mint's $5,370 Gold Coin Vanishes in Two Minutes Amid Record Investment Demand
Commodities Rebecca Torres

U.S. Mint's $5,370 Gold Coin Vanishes in Two Minutes Amid Record Investment Demand

The U.S. Mint's 2026-W American Eagle gold coin sold out in under two minutes, reflecting surging physical gold investment demand that Metals Focus says will overtake jewelry this year.

GLD
Recursion Stock Surges Ahead of Goldman Sachs Conference Amid AI Drug Discovery Buzz
Technology Sarah Chen

Recursion Stock Surges Ahead of Goldman Sachs Conference Amid AI Drug Discovery Buzz

Recursion shares surged 12% to $3.87 on heavy volume ahead of a Goldman Sachs conference, as investors await updates on clinical trials, cash runway, and partnerships amid a broader AI drug-discovery rally.

RXRX ALNY IBB
PVH Stock Tumbles 21% After Slashing Revenue Forecast on Middle East Conflict
Earnings James Calloway

PVH Stock Tumbles 21% After Slashing Revenue Forecast on Middle East Conflict

PVH Corp shares fell 21% after lowering its full-year revenue forecast, blaming the Middle East conflict for weaker demand in Europe, the Middle East, and Africa. The warning erased over a fifth of market value despite a Q1 earnings beat.

PVH
Redwire Shares Surge on Space Strawberry Contract
Markets Daniel Marsh

Redwire Shares Surge on Space Strawberry Contract

Redwire shares soared 14.6% to $21.33 after winning a contract to grow strawberries on the ISS, but the undisclosed deal value leaves near-term financial impact uncertain.

RDW RKLB PL ASTS
Foxx Development Stock Skyrockets Amid Filing Activity and Compliance Boost
Markets Daniel Marsh

Foxx Development Stock Skyrockets Amid Filing Activity and Compliance Boost

Foxx Development shares surged over 100% on heavy Nasdaq volume, fueled by compliance news and ownership shifts, though the company warned of going-concern risks.

FOXX
Snap Stock Rises on Credit Rating Upgrade as Debt Markets Signal Confidence
Markets Daniel Marsh

Snap Stock Rises on Credit Rating Upgrade as Debt Markets Signal Confidence

Snap shares jumped almost 7% after S&P Global Ratings raised its credit rating to BB-, citing lower leverage, improved free cash flow, and expected revenue gains.

SNAP META PINS QQQ SPY
BitMine Stock Rises on 9.5% Preferred Share Offering Amid Ether Volatility
Crypto Sarah Chen

BitMine Stock Rises on 9.5% Preferred Share Offering Amid Ether Volatility

BitMine Immersion Technologies shares rose after announcing a 9.5% perpetual preferred stock offering, as the company seeks capital to expand its ether treasury amid falling ETH prices.

BMNR
Dow Surges as Rotation Out of AI Lifts Healthcare and Financials
Markets Daniel Marsh

Dow Surges as Rotation Out of AI Lifts Healthcare and Financials

The Dow rallied over 700 points as money flowed into healthcare and financials, while AI and chip stocks slumped. Oil dropped nearly 3% ahead of the jobs report.

AVGO MRVL AMD CRWD GLD USO
Dow rises as AI chip stocks stumble; Broadcom plunges 15%
Markets Daniel Marsh

Dow rises as AI chip stocks stumble; Broadcom plunges 15%

Broadcom shares tumbled 15% after missing revenue expectations and holding its AI-chip sales forecast steady, dragging the Nasdaq lower and sparking a selloff in chip stocks.

AVGO GOOGL META MRVL AMD MU QCOM UNH
CXApp Surges 75% on AI Acquisition, Raises Dilution Concerns
Technology Sarah Chen

CXApp Surges 75% on AI Acquisition, Raises Dilution Concerns

CXApp stock surged 75% following the $4.6 million acquisition of AI firm EngineRoom, which is expected to lift annualized revenue to $12 million. A concurrent share issuance to Avondale Capital flagged dilution risks.

CXAI
Micron Stock Plunges as AI Chip Selloff Intensifies
Markets Daniel Marsh

Micron Stock Plunges as AI Chip Selloff Intensifies

Micron Technology dropped 8.3% after Broadcom's revenue miss triggered a chip selloff, but analysts say memory shortages could persist for years.

MU AVGO AMD WDC SOXX QQQ
Quantinuum Raises $1.68B in Nasdaq IPO, Quantum Sector in Focus
IPO Michael Okonkwo

Quantinuum Raises $1.68B in Nasdaq IPO, Quantum Sector in Focus

Quantinuum raised $1.68 billion in a Nasdaq IPO at $60 per share, above the marketed range, as the U.S. pledges $2 billion in quantum incentives. The company posted a $192.6 million net loss on $30.9 million revenue in 2025.

HON IONQ QBTS