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BigBear.ai Faces Crucial Investor Vote After 17% Weekly Slide
BigBear.ai shares fell 17% this week as investors await a June 9 vote to double authorized shares, raising dilution concerns.
Palantir Slips Despite AI Deals, Inflation Data in Focus
Palantir shares dropped 4.35% Friday to $135.53, losing 13.42% for the week, as new AI deals with Google Cloud and others failed to offset valuation worries and a broader tech selloff.
Goldman Drops 2026 Rate Cut Forecast, Fueling Market Jitters
Goldman Sachs no longer expects a Fed rate cut in 2026, following robust May jobs data. The shift intensifies market anxiety, with the Nasdaq dropping 4.18% and the S&P 500 falling 2.64% on Friday.
Joby Aviation Plunges 20% as Rate Hike Fears Slam Air-Taxi Stocks
Joby Aviation closed down 14.3% Friday at $9.55, extending a weekly loss of nearly 20% as a strong jobs report reignited rate hike concerns, hitting air-taxi stocks hard.
Mexican Peso Slides to 17.48 as US Jobs Report Boosts Dollar
The Mexican peso fell 1.10% to 17.4793 per dollar after stronger-than-expected US jobs data boosted the dollar and raised expectations for a Fed rate hike by December.
Chipotle Bounces Back Amid Market Selloff; Monday Will Test Rally
Chipotle stock rose 4.12% on Friday after JPMorgan upgraded it, defying a broad market rout. Monday's trading will test whether the rally is sustainable.
Planet Labs Stock Plunges 26% on $1.5B ATM Offering Despite Record Revenue
Planet Labs shares plummeted 26% after unveiling a $1.5B at-the-market stock sale program, sparking dilution fears despite record revenue and government contract wins.
CleanSpark Shares Face Volatile Monday After Tech Rout Erases Mining Gains
CleanSpark stock slid to $15.59 after a broad tech and crypto selloff wiped out gains from a strong May update, setting up a tense Monday open as investors weigh rising bitcoin output against weak sentiment.
MARA Holdings Tumbles as Bitcoin Weakens and Tech Stocks Slide
MARA Holdings dropped 11.2% on Friday, ending a week of steep losses as bitcoin and tech stocks sold off. The company faces headwinds from its $1.1 billion bitcoin sale and a costly power deal.
T1 Energy Plunges 19% After $32M KORE Power Acquisition Deal
T1 Energy shares fell 19.13% to $9.43 after announcing a $32 million deal to acquire KORE Power, entering battery storage and AI data-center infrastructure, with heavy trading and sector-wide weakness.