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FA News30 articles
SpaceX Shares Dip 4.85% in First Full-Session Decline Since IPO
SpaceX shares fell 4.85% to $191.82 in premarket trading, their first full-session decline since the IPO, as investors assess valuation, index flows, and a short trading week.
SpaceX Drops 5% in First Full-Session Loss Since IPO
SpaceX dropped 5% to $192, its first full-session loss since the IPO. The decline came amid a broader market selloff after the Fed signaled a possible rate hike.
Eos Energy Surges on First European Storage Deal, Production Milestone
Eos Energy shares surged 11.7% on news of a binding supply agreement for the DACH region and the start of commercial production at its second battery line, signaling growing demand and scaling capacity.
Warsh's First Fed Meeting Holds Rates Steady Amid Iran Deal Oil Drop
The Fed held rates steady at 3.50%-3.75% in Kevin Warsh's first meeting, with markets focused on his rate forecast stance, as an interim Iran deal eased oil risk.
SpaceX Soars 19% on Nasdaq Debut, Musk Becomes First Trillionaire
SpaceX surged 19% on its first trading day, closing at $160.95 and achieving a $2.1 trillion market cap. Elon Musk's net worth hit trillionaire status, while Virgin Galactic and Rocket Lab shares fell sharply.
Elon Musk on Track to Become First Trillionaire After SpaceX IPO
Elon Musk is poised to become the world's first trillionaire after SpaceX's IPO, with a valuation of $1.77 trillion, pushing his fortune over the trillion-dollar mark.
Sheetz Accelerates Wilmington Expansion with First Brunswick County Store Plans
Sheetz is expanding into Leland, North Carolina, with plans for its first Brunswick County store and $15/hour job postings, while facing safety challenges after a road-rage shooting at an Ohio location.
UiPath Shares Slide 5% Despite First GAAP Profit as AI Selloff Continues
UiPath shares dropped 5% to $10.63 amid a broad tech selloff, even after the company posted its first GAAP profit and raised its full-year outlook.
Berkshire's $16.8B Bet: Abel's First Big Move as CEO
Berkshire Hathaway shares jumped 1.98% after CEO Greg Abel's first major capital moves: a $6.8 billion Taylor Morrison buyout and a $10 billion Alphabet private placement.
AI Memory Boom Drives DRAM ETF to $13.4 Billion in First Two Months
Roundhill Memory ETF (DRAM) saw $553.7 million in new inflows on May 29, pushing assets to $13.36 billion, as investors pile into AI-memory exposure. The fund focuses on high-bandwidth memory, DRAM, and NAND stocks.
Mueller Industries Announces 2-for-1 Stock Split After Record First Quarter
Mueller Industries will execute a 2-for-1 stock split on July 1, 2026, after posting record first-quarter earnings. The split doubles outstanding shares to 221.1 million.
Bitcoin Slips Below $70K After Strategy's First-Ever BTC Sale
Bitcoin dropped under $70,000 after Strategy disclosed its first bitcoin sale, while U.S. spot bitcoin ETFs posted 11 straight days of redemptions totaling $3.45 billion.
Strategy Inc. Sells Bitcoin for First Time Since 2022 to Fund Dividends
Strategy Inc. sold 32 bitcoin for $2.5 million to fund preferred dividends, its first sale since 2022. Shares fell 5.9% as the market eyes the shift from pure accumulation.
UiPath Stock Surges on AI Agent Adoption and First GAAP Profit
UiPath shares surged nearly 10% after reporting Q1 revenue of $418M, raising fiscal 2027 guidance, and posting its first GAAP profit. AI agent tools featured in 16 of 20 top deals.
Berkshire's First Major Deal Under Abel: Taylor Morrison Acquisition
Berkshire Hathaway will acquire Taylor Morrison for $72.50 per share, a 24% premium, valuing the builder at $8.5 billion. Shares jumped 22% premarket.
UiPath Posts First GAAP Profit, AI Push Fails to Lift PATH Stock
UiPath shares slid 2.85% in premarket trading Friday after reporting Q1 revenue of $418 million and its first GAAP-profitable quarter. Investors are still weighing AI's impact on long-term sales growth.
Berkshire's First Filing Under Greg Abel Reveals Major Portfolio Reshuffling
Berkshire Hathaway's first 13F filing under CEO Greg Abel reveals a substantial increase in Alphabet holdings, a new Delta Air Lines stake, and exits from several major names.
First Quantum Soars on Panama Stockpile Approval, Copper Rally
First Quantum Minerals rose 7.77% as Panama authorized processing and export of Cobre Panama copper stockpiles, with copper prices climbing 0.9%.
First Solar Rallies Ahead of Holiday as Policy Tailwinds Boost Sentiment
First Solar shares closed at $257.85, up 3.6% Friday and 10.5% for the week, buoyed by strong earnings, a new India partnership, and U.S. tariff-driven demand.
Eos Energy Surges 15% on First Deployment Under Cerberus-Backed Platform
Eos Energy Enterprises shares surged 14.7% to $8.16 after Frontier Power USA signed a deal to acquire 480 MWh of Texas battery-storage projects, the first deployment under its Cerberus-backed platform.
VF Corp Shares Surge on First Revenue Growth in Three Years
VF Corp posted its first annual revenue increase in three years, with Q4 sales topping expectations. Shares jumped 8.2% premarket after the company issued fiscal 2027 guidance.
Berkshire's New CEO Makes First Major Portfolio Shift: Adds Delta, Boosts Alphabet, Exits UnitedHealth
In his first major portfolio move as CEO, Greg Abel added Delta Air Lines and boosted Alphabet, while cutting UnitedHealth, Amazon, Visa, and Mastercard.
Fervo Energy IPO Swells to $2.17B; Stock Faces First Full Week of Trading
Fervo Energy completed a $2.17B IPO after underwriters exercised their option, selling 80.5M shares at $27 each. FRVO closed Friday at $41.06, up 52% from the IPO price, and now faces its first full trading week.
Blackstone Data Center REIT BXDC Closes First Week Above IPO Price
BXDC ended its first week at $20.10, above the $20 IPO price, after opening below it. The Blackstone-backed REIT raised $1.75 billion for data centers but has no assets yet.
P3 Health Partners Soars 200% After First Profit, Lifts 2026 Forecast
P3 Health Partners shares surged over 200% to $13 after posting its first quarterly profit and raising its 2026 adjusted EBITDA outlook. Net income reached $3 million, reversing a $44.2 million loss a year earlier.
Xanadu Quantum Posts Wider Loss in First Public Earnings Report
Xanadu Quantum Technologies posted Q1 revenue of $2.8M, up from $0.7M a year ago, but net loss widened to $20.6M. Shares fell over 3% after hours.
Klarna Reports First Profit Post-IPO, Tepid Q2 Guidance Caps Rally
Klarna achieved its first quarterly profit since going public, but softer Q2 guidance tempered investor enthusiasm. Revenue surged 44% to $1 billion.
First Majestic Silver Q1: Record Cash Flow vs Rising Costs
First Majestic Silver's Q1 results show record cash flow and revenue surging 95%, yet silver output declined and costs rose, leading to a share pullback as silver prices eased.
Navitas Soars 18% on India's First GaN Power IC Launch for AI Data Centers
Navitas Semiconductor shares surged 18% Monday after Cyient Semiconductors unveiled India's first GaN power IC lineup, built with Navitas tech for AI data centers, telecom, and EV charging.
Delta Debuts High-Capacity A321neo with 44 First Class Seats as Interim Solution
Delta Air Lines will deploy seven Airbus A321neos with 44 domestic first-class seats starting May 20 on Atlanta-Los Angeles flights, a temporary fix for flatbed suite delays.