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Cerebras Surges 12% as Finland Deal Bolsters $51B Valuation
Cerebras Systems shares jumped 12% to $213.26, lifting market value to $50.7B. A Finnish data center contract underpins the high valuation, with delivery and margins key.
Nvidia's $12.93B Hugging Face Deal: Market's Muted Response Explained
Nvidia's $12.93B acquisition of Hugging Face barely moved its stock, up 1.37%. The deal's strategic value lies in developer insights, but financials remain undisclosed.
Deepa Jewellers IPO Oversubscribed 42.6x, But Cash Flow Concerns Loom
Deepa Jewellers' IPO was oversubscribed 42.6 times, but the company's operating cash flow remained negative despite a 158% profit surge, raising concerns.
Tesla Shares Tumble as Federal Audit Casts Doubt on Cybercab Rollout
Tesla shares dropped 6.5% as NHTSA audits Cybercab self-certification, erasing Thursday's rally. The audit could slow the robotaxi's path to commercial scale.
UiPath Shares Plunge 17% as ARR Growth Target Slows
UiPath (PATH) shares dropped 17% after Q2 results, as the company's full-year ARR guidance implies a significantly faster growth pace in the second half.
Concrete Pumping Rallies 19% on Dividend Debut and Upbeat Forecast
Concrete Pumping Holdings (BBCP) surged 19% after unveiling its first dividend and lifting its outlook, though the payout will consume over half of forecast free cash flow.
Nintendo Stock Dips as Winter Software Forecast Looms Large
Nintendo's U.S. ADR fell 1.1% to $14.10 as the company announced a series of Directs, but the real challenge lies in closing a 50.54 million-unit software gap to meet its annual forecast.
American Outdoor Brands Surges 42% on Strong Margins, Raised Guidance
AOUT shares soared 42% after reporting strong quarterly margins and raising its annual EBITDA outlook, despite sales growth being partly aided by an easy comparison.
FICO Plunges 17% as FHFA Expands VantageScore Access to All Lenders
FICO shares fell nearly 17% after FHFA ordered Fannie Mae and Freddie Mac to allow all lenders to use rival VantageScore, threatening FICO's dominant mortgage scoring revenue.
Planet Labs Stock Retreats Despite Record Revenue as Backlog Drops
Planet Labs (PL) posted record quarterly revenue, but a shrinking backlog and soft Q3 guidance sent shares lower after an initial premarket spike.
Apple's iPhone 18 Price Hike: Can Revenue Survive a 9% Drop in Sales?
Apple's iPhone 18 may see a 10-20% price surge, potentially offsetting a 9% unit drop. Shares remain steady as investors digest the impact.
Gold Slides 1.7% as Strong August Jobs Report Dims Rate-Cut Hopes
Gold futures tumbled 1.7% as a robust August jobs report (162,000 new jobs) reduced expectations for a Fed pause, sending stocks lower and the dollar higher.