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Robinhood Stock Jumps on Morgan Stanley's $150 Target
Robinhood shares climbed 2.7% after Morgan Stanley raised its price target to $150, citing product expansion and strong engagement. The new target implies a 39.4% upside.
Apple Stock Slips Ahead of iPhone 18 Event; Pro Model Price Hikes Eyed
Apple shares dipped 0.2% premarket as investors focus on the upcoming iPhone 18 event, with potential price hikes and a foldable device in the spotlight.
DraftKings Stock Slides as FanDuel Boosts NFL Sign-Up Bonus
DraftKings shares dropped 3.8% as FanDuel upped its NFL sign-up bonus to $350, intensifying the battle for new bettors ahead of football season.
Tesla Surges 5.5% as Autopilot Data Fuels Autonomy Optimism
Tesla (TSLA) shares surged 5.5% Monday, adding $75.8 billion in market value, as investors focused on autonomy potential despite fresh safety data.
Singapore Airlines Faces Capital Strain as Air India Funding Request Looms
Singapore Airlines shares dipped 0.4% as a proportional Air India funding request could reach S$479M, 4.5 times quarterly operating profit, raising capital concerns.
PG&E Plunges 20% as California Bill Leaves Insurer Claims Intact
PG&E shares dropped 20.1% to $13.27 as California's wildfire bill failed to limit insurer claims, prompting multiple analyst downgrades and a valuation reset.
Palantir's Six-Day Rally Pushes Valuation to 55x Sales
Palantir shares rose 6% over six sessions, lifting its market cap to $447.9B. The stock now trades at 54.9x projected 2026 revenue, with analyst targets implying only 2.8% upside.
CrowdStrike Rally Stalls as High Valuation Meets Fal.Con Reality
CrowdStrike shares climbed 5.8% to $231, but the stock's 39x sales multiple faces a key test as Fal.Con announcements lack pricing details.
MediaTek Stock Soars 10% on Nvidia AI Deal, Market Value Jumps $19.4B
MediaTek shares hit the daily limit, rising 9.94% to NT$4,315, as Nvidia's $3.5B investment boosts AI chip prospects. Market value jumped NT$616B, far exceeding Nvidia's stake.
Intel Stock Dips 5.8% Below $95 Offering as Dilution Weighs
Intel shares remain 5.8% below their $95 offering price, with dilution and Foundry losses testing investor confidence.
GameStop Caps Note Swap Dilution, Shares Gain 2.9%
GameStop shares rose 2.9% after amending its $1.4B note exchange to fix share issuance and add a cash component. Preliminary Q2 results show sales down but operating income up sharply.