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REE News30 articles
Snap Faces Potential Australian Fine Equivalent to 24% of Q1 Free Cash Flow
Snap (SNAP) could be fined up to A$99 million by Australian regulators, a penalty that would consume nearly a quarter of its Q1 free cash flow.
Comcast Shares Surge on Spin-Off Plan, Trade at 4.5x 2025 Free Cash Flow
Comcast shares climbed 4.4% after announcing a tax-free spin-off of NBCUniversal and Sky. The stock now trades at 4.5x 2025 free cash flow, with Deutsche Bank upgrading to Buy.
Crypto-Backed Lending Revival: Wall Street Banks Lead as Bitcoin Nears $60K
Crypto-collateralized lending surged 49% year-over-year to $67 billion in Q1 2026, with Wall Street banks replacing failed crypto lenders. Bitcoin hovered near $59,400.
Astera Labs Surges Past Wall Street Targets on AI Infrastructure Demand
Astera Labs (ALAB) surged 14.6% to $448.84 on Monday, outperforming Wall Street targets as AI infrastructure demand and Nasdaq-100 inclusion drive momentum.
Applied Materials Surges 11.7% as Analyst Targets Climb Above Street Average
Applied Materials (AMAT) soared 11.7% to $699.97, far outpacing semiconductor ETFs, as analysts raised targets and the company launched new AI chip tools. The stock now trades above its average analyst target.
Wall Street Gains Narrow as Megacaps Outperform, Small Caps Slide
US stocks rose Monday, driven by megacaps, while small caps and chips lagged. Comcast jumped on spin-off news.
Comcast's Tax-Free Spinoff of NBCUniversal and Sky Reveals Profit Divide
Comcast announced a tax-free spinoff of NBCUniversal and Sky, revealing a significant profit gap between its media and connectivity businesses. Shares rose over 25% in premarket trading.
AMD Stock Trades Above Street Target After Chip Sector Rout
AMD closed Friday at $521.58, down 2.06%, but remains above the average analyst target of $502.92 after a weeklong chip selloff and heavy trading volume.
Semiconductor Slump Hits Wall Street as Tech Giants Hold Steady
Wall Street saw a split Friday as chip stocks tumbled but megacap platforms held firm, with the SOXX dropping 4.67% and Micron falling 4.17% after a previous surge.
Plug Power's Denmark Project Highlights Green Hydrogen Scaling Challenges
Plug Power shares rose 0.4% to $2.62 after completing a 5 MW electrolyzer project in Denmark, which produces less than 4% of its U.S. capacity. The small scale underscores the challenges in hydrogen scaling.
Wall Street Edges Higher Ahead of Micron Earnings and Key Inflation Data
US stocks opened higher on Wednesday, with the S&P 500, Nasdaq, and Dow all in positive territory, as investors focused on Micron Technology's earnings due after the bell and ahead of key inflation data.
Oaktree-Backed ITG Targets $2.67B Valuation in Nasdaq IPO
ITG seeks up to $2.67 billion valuation in Nasdaq IPO, with most proceeds going to debt repayment. High customer concentration and cancellable backlog are key investor concerns.
PG&E Outages Hit 9,000 Across Three Counties Amid Fire Weather
PG&E outages affected over 9,000 customers in Monterey, Clovis, and Shasta County amid storms and fire weather, underscoring utility challenges in maintaining reliability during peak summer demand.
Wall Street Halts for Juneteenth After Chip Rally; Fed and Micron Earnings Loom
US stocks paused for Juneteenth after a chip-led rally pushed the S&P 500 to a record close, but investors brace for Fed hawkishness and key earnings from Micron next week.
Wall Street Rebounds on Chip Surge, Iran Deal; Fed Risks Remain
U.S. stocks ended higher Thursday as chip stocks surged on an Apple-Intel deal and an interim U.S.-Iran deal eased inflation worries, though Fed rate hike risks remain.
Tech Rally Lifts Wall Street; Chip Stocks Surge on Apple-Intel Deal
U.S. stocks rose Thursday, powered by a semiconductor rally after Trump announced an Apple-Intel chip partnership. The Nasdaq climbed 1.48% as oil prices dropped, easing inflation concerns. Markets are closed Friday for Juneteenth.
FreeCast Surges on Starlink Reseller Deal Amid Cash Concerns
FreeCast shares soared after announcing a Starlink Business reseller deal, but the company's latest filing showed minimal cash and a going-concern warning.
Super Micro Dips on $7B Equity Raise and Jane Street Stake
Super Micro Computer shares dropped 4.9% to $27.78 after unveiling a $7 billion equity raise for AI server parts and Jane Street Group's 8.5% stake, fueling dilution worries.
Wall Street Mixed as Market Awaits Fed Decision Under New Chair Warsh
U.S. stocks closed mixed Wednesday as the market awaited the Federal Reserve's rate decision under new Chair Kevin Warsh. Chip stocks rebounded, but stronger-than-expected retail sales raised inflation concerns.
FDA Greenlights uniQure's Accelerated Approval Path for Huntington's Gene Therapy
uniQure shares surged 78% premarket after the FDA agreed to accept three-year Phase I/II data as the basis for an accelerated approval filing for AMT-130 in Huntington's disease, reviving the near-term U.S. path for the potential first disease-modifying treatment.
Jane Street's 8.5% Stake in Super Micro Follows $7B AI Funding Deal
Jane Street Group reported an 8.5% stake in Super Micro Computer as the company navigates a $7 billion financing deal tied to $39 billion in AI-server orders, prompting dilution worries.
AST SpaceMobile Shares Dip After SpaceX Deploys Three New BlueBird Satellites
AST SpaceMobile shares dropped about 6% to $82.25 in premarket trading after SpaceX confirmed deployment of three new BlueBird satellites, a key step following April's loss of BlueBird 7.
Super Micro Computer Slips 5.3% as Jane Street Discloses 8.5% Stake Amid Dilution Fears
Super Micro Computer shares dropped 5.3% as Jane Street revealed an 8.5% passive stake, while investors weighed dilution risks from a $7 billion equity-linked financing plan tied to $39 billion in AI-server orders.
Wall Street Futures Steady Ahead of Fed Rate Decision
U.S. stock futures held steady Tuesday as investors await the Federal Reserve's rate decision, following a strong rally driven by lower oil prices and reduced geopolitical risks.
SoFi Technologies Rises on Wall Street Rally Ahead of Fed Meeting
SoFi Technologies (SOFI) climbed 3.3% to $17.13 on Monday, driven by a broader market rally amid easing inflation fears and lower oil prices, as all eyes turn to the Fed's upcoming meeting.
Wall Street Rallies as Oil Retreats; Fed Decision Looms
U.S. stocks rallied Monday on falling oil prices and a U.S.-Iran deal, with the Nasdaq up 3.07%. Markets now await the Fed's decision Wednesday.
Wall Street Rallies as Oil Slumps on Iran Deal Hopes
U.S. stocks rallied Monday as oil prices dropped on a preliminary U.S.-Iran agreement, easing inflation worries and boosting tech and airline shares.
Wall Street Hits New Highs as Iran Deal Sends Oil Tumbling; Fed in Focus
U.S. stocks hit fresh records Monday after a U.S.-Iran agreement sent oil prices crashing 5%, lifting airlines and tech while dragging energy stocks. The Fed's June 16-17 meeting is the next catalyst.
Wall Street Hits New High as Oil Drops; Focus Shifts to Fed
The Dow hit a record 51,851 as oil prices fell on a tentative U.S.-Iran deal, boosting airlines and dragging energy stocks. The Fed meeting is next.
JetZero Launches $4.7B Aircraft Plant in Greensboro, Sparking Housing Push
JetZero begins construction on an 8-million-square-foot aircraft facility at Piedmont Triad International Airport, backed by $4.7 billion in investment and over 14,500 jobs, while Greensboro accelerates its housing plan.