SHEIN Ends First Day Flat After Sharp Intraday Drop
IPO Michael Okonkwo

SHEIN Ends First Day Flat After Sharp Intraday Drop

SHEIN shares closed nearly flat in Hong Kong debut after a 10% intraday drop, with a small float complicating price discovery.

Apple Stock Rises as New CEO Takes Helm in AI Era
Technology Sarah Chen

Apple Stock Rises as New CEO Takes Helm in AI Era

Apple's stock rose 1.7% as John Ternus took over as CEO, facing the challenge of leading AI innovation in a $4.7 trillion company.

AAPL
GM Slips 0.8% as C$1.4B Canada Plan Faces Tariff Headwinds
Markets Daniel Marsh

GM Slips 0.8% as C$1.4B Canada Plan Faces Tariff Headwinds

GM shares dropped 0.8% as its C$1.4B Canadian investment faces tariff risks. The Ontario plan is modest relative to capex, but trade policy remains a key uncertainty.

GM
DraftKings Slips 3.5% on $200 Promo, Marketing Costs Surge
Earnings James Calloway

DraftKings Slips 3.5% on $200 Promo, Marketing Costs Surge

DraftKings shares dropped 3.5% after a $200 bonus-bet offer, sparking worries over acquisition costs as Q2 marketing expenses jumped 38.3%.

DKNG
Dell Surges on AI Server Demand; MongoDB Slides Despite Strong Growth
Earnings James Calloway

Dell Surges on AI Server Demand; MongoDB Slides Despite Strong Growth

Dell surged 8.7% after record AI server orders, while MongoDB dropped 12% despite strong growth. Tech stocks were mixed as oil prices and Treasury yields rose.

DELL MDB CRDO PANW NVDA AMZN SPY QQQ DIA IWM XLE XLU XLV XLI XLK XLY USO
MongoDB Shares Sink 12.5% Despite Strong Q2 and Raised Outlook
Earnings James Calloway

MongoDB Shares Sink 12.5% Despite Strong Q2 and Raised Outlook

MongoDB shares dropped 12.5% after hours even as the company beat Q2 estimates and raised guidance, with investors focusing on a sequential revenue slowdown and rich valuation.

MDB
Credo Stock Tumbles 11.8% as Margin Outlook Overshadows Stellar Revenue Growth
Earnings James Calloway

Credo Stock Tumbles 11.8% as Margin Outlook Overshadows Stellar Revenue Growth

Credo Technology's revenue soared 114.7% in Q1, but weak margin guidance sent shares down 11.8% in after-hours trading.

CRDO
Tesla Stock Dips 3.2% as European FSD Vote Looms
Regulation James Calloway

Tesla Stock Dips 3.2% as European FSD Vote Looms

Tesla shares dropped 3.2% as investors await a key European vote on Full Self-Driving, putting its $1.4 trillion valuation in focus.

TSLA
Moderna Jumps 10% as Cancer Vaccine Trial Hits Key Goals
Analysis Daniel Marsh

Moderna Jumps 10% as Cancer Vaccine Trial Hits Key Goals

Moderna shares surged 9.93% after its cancer vaccine intismeran met two Phase 3 endpoints, adding $5.6B in market value. Full efficacy data remain undisclosed.

MRNA MRK
BitMine Shares Plunge 7.6% as Ether Drop Triggers $1.16B Market Cap Wipeout
Crypto Sarah Chen

BitMine Shares Plunge 7.6% as Ether Drop Triggers $1.16B Market Cap Wipeout

BitMine shares tumbled 7.6% on Tuesday, erasing $1.16B in market value amid a sharp drop in ether prices, with the loss exceeding the crypto treasury's decline.

BMNR
Tech Stocks Slide as Oil Rally Fuels Rate Worries
Markets Daniel Marsh

Tech Stocks Slide as Oil Rally Fuels Rate Worries

The Nasdaq Composite dropped 1% on Tuesday as a surge in oil prices and Treasury yields weighed on growth stocks, while energy shares gained.

MSFT AMD AAPL XLK XLE SPY DIA QQQ
Reitar Debt Conversion Dilutes Shares as Stock Slips to $0.09
Markets Daniel Marsh

Reitar Debt Conversion Dilutes Shares as Stock Slips to $0.09

Reitar Logtech shares dropped 2.2% to $0.09 after converting $2.2 million in debt to equity, representing 39% of market value. Investors face dilution as Nasdaq compliance deadline approaches.

RITR