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OSS News30 articles
Mixed Lean Hog Futures Amid Strong Pork Export Sales
Lean hog futures showed mixed results Thursday, with front months declining while later contracts gained, as USDA reported strong pork export sales.
One Stop Systems Surges on Q1 Revenue Beat; Memory Supply Risks Emerge
One Stop Systems reported a 55% revenue jump to $8.1 million, beating estimates, but flagged memory supply risks and customer concentration.
Oklo Stock Faces DOE Milestone and $1.65B Short Interest
Oklo shares ended the week at $52.36, up 4.7%, as the company awaits DOE approval for its Groves reactor. Short interest remains elevated at 19.29% of float, valued at $1.65 billion.
Dow Jones Hits New High as Tech Stocks Dip Ahead of Holiday
The Dow Jones Industrial Average reached a record high, while the Nasdaq Composite declined 0.8% amid a 5.4% drop in the semiconductor index. Tech funds attracted $3.42 billion in weekly inflows.
Dow Jones Sets Record High as Nasdaq Slides on Chip Weakness Ahead of Fed Minutes
The Dow Jones Industrial Average closed at a new all-time high on Thursday, while the Nasdaq declined amid a selloff in semiconductor stocks. Markets are now focused on the upcoming Fed minutes.
Linkhome Holdings Surges 315% After Mortgage One Acquisition, GPU Financing Launch
Linkhome Holdings (NASDAQ:LHAI) closed up 315% at $2.74 after completing its Mortgage One acquisition and launching a GPU financing initiative, boosting market cap to $44.5 million.
Joby Aviation Slips as Toyota JV Filing Ties Funding to Certification Milestones
Joby Aviation shares ended lower Wednesday after a Toyota filing showed the new manufacturing JV's funding is tied to certification milestones, with initial equity of just $2 million.
Linkhome Shares Surge on Mortgage One Acquisition and GPU Lending Launch
Linkhome Holdings (LHAI) shares surged over 100% on heavy volume after closing the Mortgage One acquisition and launching a GPU financing unit.
Dow Jones Closes Above 52,000 Again, Led by Caterpillar
The Dow Jones Industrial Average closed above 52,000 again on Tuesday, with Caterpillar contributing nearly 961 points to the recent 1,000-point rally.
Grab Stock Rises as Market Digests Indonesia Commission Cap Impact
Grab shares climbed 3.1% as the market downplayed the impact of Indonesia's new 8% commission cap on motorcycle ride-hailing, with a Morgan Stanley price target hike adding momentum.
Kratos Shares Rise as Drone Backlog Share Declines, Broader Defense Mix Strengthens
Kratos shares gained 4.6% amid a drone stock rally, but its backlog mix is shifting away from unmanned systems, highlighting a broader defense portfolio.
Redwire Soars on Taiwan Drone Deal Amid $500M Stock Sale Concerns
Redwire (RDW) shares jumped 4.4% on a Taiwan Coast Guard drone deal, but the stock faces headwinds from a $500 million at-the-market offering and removal from the Russell Microcap Index.
Honeywell Aerospace Holds Steady After S&P 500 Debut, Cash Flow Goals in Focus
Honeywell Aerospace shares edged up after joining the S&P 500, as the market weighs its ambitious free cash flow goals and supply chain outlook.
Rivian Shares Jump on Russell Index Addition, R2 Delivery Milestone
Rivian shares gained 7.55% on Monday after joining the Russell 3000E Growth Index, with volume 20% above average. The stock closed near its June 9 high, when R2 deliveries kicked off.
JetBlue Drone Strike Near JFK Intensifies Airspace Safety Concerns
A JetBlue flight reported a drone strike at 3,000 feet near JFK, the second incident in days. No damage was found, but the event underscores growing airspace risks.
Grab Shares Rise Ahead of Indonesia Commission Cut; Buyback Supports
Grab shares gained 3.8% Monday as investors assess the July 1 Indonesia driver commission cut from 20% to 8%. The $500 million buyback plan provides support.
Honeywell Aerospace Debuts as $72B Spin-Off, Data-Center Doubts Loom
Honeywell Aerospace started trading as a $72 billion spin-off, joining the S&P 500 and S&P 100 on day one, as data-center demand uncertainty weighs on the sector.
Alphabet Enters Dow Jones, But AI Spending Remains the Key Driver
Alphabet's entry into the Dow Jones Industrial Average triggers $1.7 billion in ETF flows, but analysts emphasize that AI spending is the primary market mover.
Honeywell Split Debuts Monday: Key Price Level to Watch
Honeywell's two-for-one split begins Monday, with the combined package of new shares valued at $464.42. Both stocks will trade as separate S&P 500 members.
Apple Raises Mac, iPad Prices Amid Memory Cost Surge, iPhone Untouched
Apple raised Mac and iPad prices worldwide as memory costs soared, leaving iPhone prices unchanged. Shares dropped 6.15% then rebounded 2.5%, with investors eyeing margin impacts and future iPhone pricing.
Alphabet Joins Dow Jones, Replacing Verizon with Sevenfold Price Impact
Alphabet enters the Dow Jones Industrial Average on Monday, replacing Verizon and gaining 7.2 times the price impact, but AI talent exits and rising capital spending pressure the stock.
Peabody Energy Faces Securities Suit Over Centurion Setbacks; Capital One, Hy-Vee Hit with Class Actions
Peabody Energy is facing a securities class action after cutting its 2026 Centurion sales outlook by 1 million tons and reporting an $80 million loss at the mine, nearly matching its entire adjusted EBITDA.
Dow Jones Recovers Weekly Gain as Tech Slide Halts Rally Above 52,000
The Dow Jones Industrial Average failed to hold above 52,000 for the third consecutive session, closing at 51,842.08, as a tech slide pressured the broader market.
Grab Stock Nears 52-Week Low as Indonesia Caps Motorcycle Ride-Hailing Fees
Grab Holdings (GRAB) closed at $3.46, near its 52-week low, after Indonesia cut motorcycle ride-hailing commissions to 8% from 20%, pressuring margins.
Dow Jones Drops Below 52,000 After Late Selloff, Tech Weakness Offsets Industrial Gains
The Dow slipped below 52,000 after hitting a 52-week high, with a 735-point swing from peak to close. Caterpillar's surge masked Apple's drop.
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.
Ondas Stock Dips Despite $40M Defense Orders and Lockheed Counter-Drone Deal
Ondas shares dropped 6.7% despite over $40M in defense orders and a Lockheed counter-drone deal, as selling stockholders may offload 3.1M shares.
Dow Jones Rises on Home Depot and 3M Gains; Alphabet to Replace Verizon in Index
The Dow Jones Industrial Average gained 302 points on Wednesday, driven by strong performances from Home Depot and 3M. Alphabet shares rose after being selected to replace Verizon in the Dow index.
Grab, GoTo Cut Indonesia Bike-Hailing Commissions to 8% After New Cap
Grab and GoTo slash Indonesia motorcycle ride-hailing commissions to 8% from 20% starting July 1, following a new government cap. Grab shares edged lower in pre-market trading.
Micron Earnings in Focus as AI Demand Questioned
Micron shares climb 3.8% premarket after a 13% drop, as Wall Street awaits earnings to gauge AI-driven demand. Nasdaq futures rise 0.41% amid tech recovery hopes.