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FOFO News30 articles
Ondas Rises Despite Resale Overhang, Defense Orders Fuel Rally
Ondas Inc. (ONDS) shares rose 3.4% on Tuesday, supported by strong defense order momentum that outweighs a new 3.38 million share resale filing.
Copart Plunges 8% as CEO Change Coincides with Russell Index Reshuffle
Copart shares fell 8% after CEO Jeff Liaw announced his departure, wiping out $2.4 billion in market cap, as the stock also faced Russell index changes.
ImmunityBio Volume Surges on Russell Index Changes; Monday Trading Key
ImmunityBio surged 11.8% on Friday with volume tripling its average, driven by Russell index reconstitution. Monday's trading will reveal if the spike holds.
Freshworks Sees Heavy Trading Amid Index Changes, Cash Strength
Freshworks stock saw massive trading volume ahead of Russell index changes, with cash holdings making up about 30% of its market value. Analysts maintain a median price target of $11.
Apple Raises Mac, iPad Prices Amid DRAM Cost Surge, iPhone Unchanged
Apple raised Mac and iPad prices by $100-$300 due to soaring memory costs, while iPhone prices stayed unchanged. Shares fell 4.8% as investors weighed margin pressure from rising DRAM prices.
Wendy's Stock Surges on Record Volume Amid Short Squeeze and CFO Change
Wendy's stock surged 25.8% on record volume, with short interest at 34% and a new CFO appointed, adding pressure to its turnaround plans.
AI cloud stocks stumble on Nasdaq-100 debut amid rule change
CoreWeave and Nebius dropped on their Nasdaq-100 debut as a new float-sensitive rule tempered passive demand, triggering a 'sell the news' move after pre-inclusion rallies.
Solana DEX Volumes Surpass Centralized Exchanges, Raising Sustainability Concerns
Solana-based decentralized exchanges recorded $1.31 billion in 24-hour volume and $9.92 billion over seven days, surpassing Coinbase and Kraken in weekly spot trading, but Galaxy warns volume is heavily tied to speculative memecoin cycles.
Western Digital Surges on AI Storage Demand and Sandisk Exchange Completion
Western Digital surged 4.86% to $746.23, driven by AI storage scarcity and the completion of the Sandisk share exchange, adding $11.9B in equity value.
Everyman Cinema Plans London Stock Exchange Delisting Amid Turnaround Strategy
Everyman Media Group plans to exit the London Stock Exchange's AIM following a board recommendation, aiming for a private takeover led by Blue Coast Capital to drive a strategic turnaround.
Bradesco Preferred Shares Unchanged as Brazil Central Bank Cuts Selic to 14.25%
Bradesco's preferred shares closed unchanged at R$17.47 after Brazil's central bank cut rates to 14.25% but signaled caution. Investors balance profit recovery against higher loan-loss provisions and inflation risks.
AT&T Slips on California Copper Dispute and CFO Change
AT&T shares ended lower for a fourth straight session, pressured by regulatory pushback in California and a looming CFO change, as the market heads into a three-day break.
AT&T Shares Stabilize After CFO Change and FCC Review of Legacy Voice Services
AT&T shares steadied at $22.44 after a 3.1% drop, with investors weighing CFO changes and FCC review of legacy voice service discontinuation.
Keel Infrastructure's AI Data Center Push and Auditor Change Draw Investor Scrutiny
Keel Infrastructure traded at $6.2037 in premarket as investors weighed its $458M convertible debt raise, auditor change, and U.S. domicile shift. Revenue fell 23% and adjusted EBITDA turned negative in Q1.
AT&T Shares Dip Amid CFO Change and Fiber Spending Concerns
AT&T shares slipped 3.2% as CFO Pascal Desroches plans retirement, raising questions about the company's fiber investment strategy. Q2 earnings are scheduled for July 22.
POET Technologies Shares Rally 13% Amid AI Photonics Speculation and Legal Overhang
POET Technologies stock jumped 13% to $12.74 on heavy volume, driven by AI photonics optimism ahead of a key shareholder meeting, though legal and dilution risks persist.
Marvell Technology Surges 11% on S&P 500 Inclusion, CFO Change, AI Growth
Marvell Technology shares soared 11% as the company announced a CFO change, reaffirmed Q2 outlook, and highlighted its upcoming S&P 500 inclusion and booming AI data-center revenue.
Webull Stock Jumps 12% on Heavy Call Options Volume After FINRA Rule Change
Webull shares climbed 11.9% to $6.16 on heavy call options volume, driven by FINRA's rule change eliminating the $25,000 day-trading minimum for small accounts.
Wellchange Holdings Stock Surges Premarket on Heavy Volume Amid Low Float
Wellchange Holdings (WCT) surged 27.5% in premarket trading on heavy volume, driven by low float dynamics rather than new company news.
Nu Holdings Unveils $1B Buyback Amidst CFO Change and Credit Concerns
Nu plans a $1 billion buyback after a steep weekly decline, as investors weigh a CFO change and rising credit costs against analyst downgrades.
Nu Holdings $1 Billion Buyback Fails to Stem Share Decline Amid CFO Change and Credit Fears
Nu Holdings shares slid 8.8% to $11.97 despite a $1 billion buyback, as CFO transition worries and credit risks led to a BofA downgrade.
Oscar Health Jumps 15% on Wells Fargo Upgrade Citing Better Exchange Outlook
Oscar Health shares surged 15.5% to $23.68 after Wells Fargo upgraded the stock to Equal Weight, citing improved 2026 exchange trends but limited visibility beyond this year.
SoFi Stock Slides on AI Optimism Fade, Muddy Waters Overhang
SoFi shares dropped nearly 6% Wednesday, erasing last week's gains from its AI coach and stablecoin launches, as investors weigh product potential against market headwinds and short-seller risks.
London Stock Exchange Updates Official List; Cordiant Digital Infrastructure Set for FTSE 250 Inclusion
London Stock Exchange updates Official List; Cordiant Digital Infrastructure set to join FTSE 250. Vodafone and Sainsbury's lead FTSE 100 decline on ex-dividend trading.
Wellchange Shares Surge Amid Nasdaq Volatility; Revenue Drops 41.6%
Wellchange (WCT) shares surged over 100% to $2.63 on heavy Nasdaq trading, despite a 41.6% revenue drop and widening net loss. Three volatility halts paused trading as the stock outperformed a down market.
Nubank Stock Tumbles on CFO Change and Credit Quality Fears
Nu Holdings shares dropped 8.16% after the company named former Visa executive Rob Livingston as CFO and BofA Securities downgraded the stock, highlighting credit quality risks.
AMC Surges 22% on Record May Attendance, But Debt Overhang Persists
AMC shares surged 22% to $2.12 as May crowds returned to pre-pandemic levels, with 25.5 million attendees. However, the company's $4.02 billion debt and cash burn raise sustainability questions.
Cameco Rebounds After Restarting Key Mines; Output Forecast Unchanged
Cameco shares rose 7.1% last week after resuming full production at McArthur River and Key Lake. The company left its 2026 output guidance unchanged, supporting investor confidence.
DraftKings Surges as Railbird Exchange Certifies Sports Event Contracts with CFTC
DraftKings shares rose 5.3% to $25.07 after Railbird Exchange certified six sports event-contract templates with the CFTC, marking a key step into federally regulated prediction markets.
NuScale Surges on NRC Rule Changes for Faster SMR Approvals
NuScale Power shares rose 7.6% to $12.27 after reports the NRC is fast-tracking rule changes to accelerate SMR approvals, reigniting investor interest in the sector.