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SB News30 articles
Visa Shares Flat Amid PayPay IPO Delay, Geopolitical Jitters
Visa shares were nearly unchanged, rising just 0.1% to $320.37, as the delay of PayPay's IPO marketing added to market volatility driven by Middle East tensions and inflation concerns.
Roblox shares near low as safety costs outpace user spending
Roblox shares hover near their 52-week low as increased safety spending outpaces user monetization, with Q3 bookings guidance missing estimates.
3M Surges 6% as Safety & Industrial Segment Fuels 2026 Earnings Upgrade
3M shares rose nearly 6% in premarket trading after the company raised its 2026 earnings outlook, driven by strong performance in its Safety and Industrial segment.
SOBR Safe Secures $3.1M in Warrant Exercise, Faces Heavy Dilution
SOBR Safe raises $3.1M through a repriced warrant exercise, issuing shares that could dilute existing holders by 84% as it pursues a merger and Nasdaq listing.
Abivax Shares Surge on Improved Safety Data for Ulcerative Colitis Drug
Abivax shares rallied 35.77% in Paris after updated safety data showed malignancy rates for obefazimod fell within expected ulcerative colitis background levels.
Abivax ADS Surges 29% on Obefazimod Safety Data, Paris Trading Expected to Catch Up
Abivax ADS surged nearly 30% after hours on positive safety data for obefazimod, adding $2.26B in market value. Paris shares are expected to open higher Wednesday.
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.
Uber surges 5.5% on volume spike as safety overhaul, robotaxi outlook drive debate
Uber surged 5.47% on Friday with trading volume 3.46 times its 65-day average, as investors weigh tighter U.S. background checks and robotaxi expansion.
Tesla Stock Tumbles on US Safety Probe and European Sales Concerns
Tesla shares fell 5% on a new US safety probe and tech selloff, despite a 108% surge in European sales. Q2 delivery report due July 2 adds investor risk.
American Airlines Edges Up as Jet Fuel Plunges; Safety Probe Looms
American Airlines shares gained 0.56% to $16.08 as a sharp drop in jet-fuel prices could cut industry fuel costs by over $40 billion, but a safety probe into a Boston near-miss adds uncertainty.
Roblox Rebounds on Engagement Growth, Safety Measures in Focus
Roblox shares jumped 7.31% to $51.53, extending a 19% rebound as engagement rose for a third week, driven by 'Grow a Garden 2' and Russia's return. New safety controls are under scrutiny.
NuScale Power Surges on Safety System Contract, Faces Development Hurdles
NuScale Power stock surged 13.54% to $11.74 after awarding Paragon a contract for safety-system designs, but the company's $565,000 in Q1 revenue and $776.9 million deficit highlight ongoing development risks.
NuScale Power Rises 3.9% on Paragon Reactor Safety Contract
NuScale Power shares rose 3.9% after awarding Paragon a contract to complete final design work on key protection systems for its small modular reactor technology.
Roblox Shares Rally 8% on Global Safety Rollout and User Engagement Uptick
Roblox shares jumped 8% to $49.34 after launching global age-based accounts and a TD Cowen note highlighted a 10% weekend rise in concurrent users, as investors assess the impact of safety changes.
SCHD's Heavy Top Holdings Raise Red Flags for Safety Seekers
SCHD's top 10 holdings now make up 43.5% of assets, raising concentration risk. With a 3.24% yield and $95.17B in assets, the fund's safety profile is under scrutiny.
Tesla Robotaxi Launch in Austin Fails to Spark Rally as Safety Doubts Linger
Tesla shares edged lower Wednesday after launching unsupervised robotaxis in Austin, as traders weighed the move against persistent safety and scalability doubts.
Safepoint IPO Roadshow Targets $1.16 Billion Valuation Amid Strong Earnings Growth
Safepoint, a Florida-based specialty insurer, has begun its IPO roadshow targeting a $1.16 billion valuation, seeking to raise up to $283.3 million.
Roblox Shares Rise on User Data Bump, Safety Concerns Weigh
Roblox shares rose in early trading as third-party data showed a week-over-week gain in concurrent users, though safety-related challenges and a lowered bookings forecast persist.
Roblox Rallies 9.6% as Market Weighs Safety Impact, Growth Outlook
Roblox shares jumped 9.6% on Monday, reversing some losses from a month-long slide tied to new child-safety measures. The company cut its 2026 bookings outlook but posted strong Q1 results.
Snap CEO Evan Spiegel Summoned to Senate Over Kids' Online Safety
Snap CEO Evan Spiegel has been invited to testify at a Senate hearing on children's online safety, alongside leaders from Meta, Alphabet, and TikTok.
Is Cash Still a Safe Bet? How Inflation Erodes Savings Yields
Inflation is outpacing most savings accounts, making cash a costly choice. High-yield options like online banks and I bonds offer better returns.
Roblox Stock Tumbles 19% on Safety-Driven Growth Slowdown
Roblox shares plunged 19% after cutting its 2026 bookings forecast due to safety measures, despite Q1 revenue rising 39% to $1.44 billion.
Exelon's PECO Faces Union Safety Probe Amid Leadership Shakeup
IBEW Local 614 filed a petition with Pennsylvania regulators seeking an investigation into PECO's maintenance practices, citing damaged poles and equipment, as new interim CEO Mike Innocenzo takes the helm.
Stock Market Investing for Beginners: A Safe Start Without Major Losses
New investors should avoid using essential funds, pay off high-interest debt, and start with low-cost index funds or ETFs, as advised by regulators and Warren Buffett.
Gold Holds Near $4,830 as Hormuz Tensions Reignite Safe-Haven Demand
Spot gold traded at $4,829.40 an ounce ahead of the weekend, with prices pressured after Iran reversed course on reopening the Strait of Hormuz, reigniting safe-haven demand and inflation concerns.
FAA Proposes $255K Fine Against American Airlines Over Safety Testing Lapses
The Federal Aviation Administration has proposed a $255,000 civil penalty against American Airlines, alleging the carrier returned 12 flight attendants to safety-sensitive duties before completing mandatory follow-up drug and alcohol tests. The alleged violations occurred between May 2019 and December 2023.
Atmos Energy Secures $3 Billion Credit Extension Amid Safety Probe
Atmos Energy has extended $3 billion in credit facilities to 2029 and 2031, reinforcing liquidity while navigating a safety investigation and upholding its $4.2 billion fiscal 2026 capital expenditure target.
Vertex Shares Slide on Updated Safety Warnings for CF Drugs
Vertex Pharmaceuticals shares declined 4.6% to $433.07 following updated U.S. safety labels for its cystic fibrosis drugs citing serious neuropsychiatric events. The company maintains its 2026 revenue outlook remains heavily dependent on CF treatments.
Dollar Gains as Middle East Tensions Fuel Safe-Haven Demand
The U.S. dollar strengthened as Middle East hostilities boosted its safe-haven appeal, while oil prices jumped 5%, stoking inflation concerns. Major industrial stocks entered a technical correction.
Tech Giants Face Legal Reckoning as Child Safety Verdicts Hit Shares
Meta Platforms and Alphabet shares declined following U.S. jury verdicts holding the companies negligent in child safety cases. The rulings have sparked renewed regulatory pressure and investor concerns about platform design liability.