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VERA News18 articles
Main Street Capital Shares Slide on Q1 Earnings Miss Amid Dividend Coverage Concerns
Main Street Capital shares fell 4.5% after Q1 earnings missed estimates, raising questions about dividend sustainability amid credit quality concerns.
Xanadu Quantum Shares Slide as New Leveraged ETF Launches and 294M Share Filing Looms
Xanadu Quantum stock dropped 6.16% to $16.31 amid a 294 million-share filing and the launch of a 2x leveraged ETF. Q1 results are due May 14.
Soaring Gas Prices Revive EV Budget Debate as Average Hits $4.45
U.S. gas prices surged to $4.45/gallon, sparking renewed interest in electric vehicles despite a 27% Q1 sales drop. The average new EV price fell to $54,508, narrowing the gap with gas models.
US Gasoline Average Surges to $4.23 as Iran Strait Crisis Tightens Supply
US gasoline prices surged to $4.229/gallon Wednesday, up 21 cents in a week, as Brent crude topped $114 on Iran Strait of Hormuz disruptions and Midwest refinery outages.
Dogecoin Surges Past $0.10, But Rising Leverage Poses Reversal Risk
Dogecoin rallied 10.9% to $0.1101, clearing the $0.10 resistance, but a 33% jump in futures open interest raises the risk of a sudden sell-off.
Veradermics Soars After Hair-Loss Drug Meets Trial Goals
Veradermics shares jumped 40% after its oral hair-loss drug VDPHL01 met all main goals in a Phase 2/3 trial, with patients seeing significant hair count increases.
Nvidia Nears All-Time High as Vera Rubin AI Platform Fuels 2027 Demand Hopes
Nvidia shares surged 4.7% to $209.07, nearing record highs ahead of its May 20 earnings report, as investors eye demand for the upcoming Vera Rubin AI platform and cloud spending into 2027.
XRP ETF Momentum Tested as GraniteShares Delays Leveraged Product Launch
XRP traded at $1.43 as GraniteShares delayed its 3x leveraged XRP ETF to May 7. Spot ETF inflows continue, but the token struggles to break resistance.
Nvidia Gains as Google Unveils TPU 8 Chips, Backs Vera Rubin Platform
Nvidia shares climbed 1.3% premarket after Google unveiled its TPU 8 chips and committed to offering Nvidia's Vera Rubin NVL72 platform, with SK Hynix reporting surging AI memory demand.
Major Funds Ramp Up Leveraged Nasdaq ETF Bets Amid Market Dip
Recent SEC filings reveal several investment firms aggressively boosted their stakes in the ProShares UltraPro QQQ (TQQQ) ETF during Q4. The moves come as the Nasdaq Composite faced pressure from geopolitical tensions.
Wealth Managers Boost Leveraged Nasdaq ETF Bets Ahead of Market Correction
SEC filings reveal several wealth management firms significantly raised their holdings in leveraged Nasdaq-100 ETFs like TQQQ and QLD in late 2025. These bets are now under pressure as the Nasdaq Composite has entered correction territory.
Michigan Fuel Costs Strain Drivers as National Average Tops $4
Michigan's average gas price remains elevated at $3.915 per gallon, up 92 cents from a month ago, as the national average exceeds $4 for the first time in over three years. Filling a Ford F-150 now costs approximately $102.
XRP Holds $1.34 Amid Regulatory Uncertainty and High Leverage
XRP traded around $1.34 on Monday, recovering from a weekend dip while open interest in derivatives reached $2.55 billion. The token remains 63% below its 2025 peak amid regulatory uncertainty and fund outflows.
Leveraged TQQQ Nears $40 Amid Nasdaq Correction, Volatility Surge
The triple-leveraged ProShares UltraPro QQQ (TQQQ) traded near $40, extending sharp declines as the Nasdaq-100 correction intensified. The fund's structure magnified losses compared to the underlying index amid heightened market volatility.
Nvidia Reallocates TSMC Production from China-Bound H200 to Vera Rubin AI Chips
Nvidia has stopped manufacturing its H200 AI processors for the Chinese market and redirected that TSMC production capacity toward its upcoming Vera Rubin chips, according to a Financial Times report. The move follows ongoing U.S. export restrictions blocking H200 shipments to China.
Nvidia Reallocates TSMC Capacity from China-Bound H200 to Vera Rubin AI Platform
Nvidia has reportedly stopped manufacturing its H200 AI chips for the Chinese market, reallocating Taiwan Semiconductor Manufacturing Co. capacity to its next-generation Vera Rubin platform. The company holds U.S. licenses for limited H200 shipments to China, but no sales have occurred.
AMD Executives Execute Planned Stock Sales as Analyst Initiates Coverage
AMD shares gained 0.7% to $207.32 Friday as investors weighed insider sales and a new analyst rating. CEO Lisa Su sold $26.8 million in stock under a Rule 10b5-1 plan.
Reliance Industries Gains on Australian Beverage Acquisition Ahead of Market Reopening
Reliance Industries shares rose 0.5% to 1,450.80 rupees Friday after its consumer unit acquired a majority stake in Australia's Goodness Group Global. The stock remains 10% below its 52-week high.