American Airlines Shares Up on Fuel Price Drop; Eyes on One Potential Threat
American Airlines Group Inc. traded in Tuesday’s premarket as the company saw jet-fuel prices slump, while a new U.S. safety investigation targeted one of its jets.
Duke Energy Rate Increase Reduced, Power Bills Still Set to Climb in North Carolina for 2027
Duke Energy Carolinas lowered its proposed residential rate hike to 11.6% from 18% on Monday. The change came after pushback from North Carolina Attorney General Jeff Jackson, regulators, other parties, and customers. The rate increase still requires approval from the North Carolina Utilities Commission.
SpaceX Shares Fall 16% After $20 Billion Bond Sale Talk Hangs Over Rally
SpaceX shares dropped 16.4% on Monday after the company launched its first bond sale, cutting about $400 billion from its market value and bringing up questions again about what it will cost to push deeper into artificial intelligence. Shares finished at $154.60.
T1 Energy (NYSE:TE) surges 11% with heavy volume pressuring shorts
T1 Energy Inc. jumped 11.23% to close at $10.40 on Monday, with heavy trading in the U.S. solar name after last week’s Juneteenth break. Shares touched $10.90 during the session but stayed under the June 4 52-week high of $12.49, and the stock gained further after hours.
Lumentum Holdings (NASDAQ:LITE) rises as AI optics push lifts stock despite Nasdaq slump
Lumentum Holdings Inc. moved higher Monday afternoon with shares rallying 6.1% to $901.89. The optical-networking company showed strength while most of the Nasdaq lagged, as AI infrastructure stocks drew buyers coming off the holiday break. NASDAQ:LITE had dipped to $829.35 earlier before rebounding.
Broadcom’s Google AI chip contract takes on new weight as JPMorgan defends stock
Broadcom shares slipped near midday on Monday as investors weighed JPMorgan’s defense of the chipmaker’s Google AI program against a broader reset in high-valuation AI infrastructure stocks. The stock traded at $396.72, down $14.63, with its latest trade around 11:47 a.m. in New York, market data showed.
Strategy Bitcoin Buy Draws Focus to Saylor’s Cash-Reserve Move as STRC Under Pressure
Strategy Inc disclosed it picked up 520 bitcoin last week for $34.9 million, paying an average of $67,068 per coin, according to a recent filing. The firm’s stack rose to 847,363 BTC. But the bigger move was higher up in the document—Strategy sold $335.5 million of common stock and didn’t touch its preferred shares. The company still has $17.5 billion of STRC capacity left, the filing said.
S&P 500 (.SPX) edges higher as Micron (NASDAQ:MU) drives AI trade; yields still weigh
Stocks were mixed in early U.S. trading Monday, with the S&P 500 and the Dow Jones Industrial Average ticking up, while the Nasdaq Composite dropped as traders looked at softer oil prices, higher bond yields and new interest in chip names like Micron Technology. According to Reuters/LSEG, the S&P 500 was up 0.11% at 7,508.57, the Dow gained 0.42% to 51,779.48, and the Nasdaq slipped 0.40% to 26,410.98.
MARA Holdings surges with bitcoin rebound, puts power-asset values in focus
MARA Holdings climbed 12.8% to $16.04 in early trading Monday. The bitcoin miner got a boost as bitcoin traded near $65,380, up 2.1%. MARA outpaced crypto peers in the rebound—Riot Platforms was up 7.5%, CleanSpark gained 8.2%, and IREN rose 1.6%. Crypto stocks moved higher in a wide but mixed rally.
XRP Price Today (XRP-USD): Rebound to $1.16 masks leverage-heavy market
XRP-USD traded around $1.16 on Monday, near the top of its $1.12-to-$1.16 daily range. The token was up about 1.8%, though the advance remained modest after last week’s decline.
Definium Therapeutics (DFTX) jumps in premarket on Phase 3 depression trial
Definium Therapeutics Inc. surged in pre-market trading after the company said its LSD-based DT120 tablet hit the main target in a late-stage depression trial. The New York biotech traded at $40.19 on Public.com at 9:00 a.m. ET, up 64.2% from Friday’s close of $24.48. Nasdaq’s session hadn’t started yet, with the open set for 9:30 a.m. ET.
Western Digital (NASDAQ: WDC) rises as storage shortage plays out
Western Digital Corporation jumped early Monday, last seen at $746.23, up $34.58 or 4.86% from Friday’s close. Investors are moving into AI storage and betting on a squeeze, with a corporate event in play: WDC’s exchange of its remaining Sandisk shares for company stock expected to wrap today. The Wall Street Journal’s live markets section pointed out WDC as the top mover among memory stocks on shortage-driven price action, and WDC’s 8-K also listed today as the expected close for the Sandisk deal.
China Targets NASDAQ: RCAT and NYSE: MP Pre-Market—But Just One Shares Drops
Red Cat Holdings slipped 0.79% to $11.35, down $0.09 pre-market, after China announced an immediate halt on dual-use exports to Red Cat and its Teal Drones arm. The move hit before the Wall Street open, with Beijing’s ban coming into thin trading—so sanctions terms moved the price before investors checked true supply-chain ties. MP Materials was also listed in the order, but shares climbed 1.02% to $61.50 in the same Public feed snapshot. That 1.81-percentage-point split says the selloff wasn’t across the board. Market sorted it fast by business model.
Hedge Funds Aim at $80 Brent as Pandemic-Era Short Lives On (ICE Futures Europe: B)
ICE Brent crude dropped near $79.10 a barrel on Monday, off almost 2%, after running up to $82.30 earlier. That’s a $3.20 swing, or 3.9%, on reports of U.S.–Iran negotiation progress and Tehran saying it secured waivers for oil and petrochemical exports. The new supply story outweighed warnings about the Strait of Hormuz and fueled hedge fund bets that Brent can stay under $80.
Marvell Technology (NASDAQ: MRVL) Enters the S&P 500 — Why Traders Are Paying 106x for the AI Networking Bet
Marvell Technology is the chip stock moving before Monday’s open: MRVL closed the latest regular session at $310.58, up 7.27% or $21.04, and was quoted at $313.31 in pre-market trade, another 0.88% higher. The immediate driver is index mechanics — Marvell joins the S&P 500 before the June 22 open — layered on top of AI-networking demand for optical and switch silicon.
Apple Nears $300 This Week With Memory Costs Seen Pressuring iPhone Prices
Apple Inc shares are set to open just below $300 on Monday, following a shortened U.S. trading week. Investors are still looking at Apple's pricing power, but now they're also watching higher memory chip costs linked to the artificial-intelligence boom.
Chubb (CB) Pullback Enters Focus as War-Risk News Hits Valuation
Chubb Limited starts the new week with the stock easing a bit, while traders look at renewed talk that the insurer is undervalued and at news about Chubb leading a Lloyd’s group focused on war-risk coverage for Gulf shipping.
Intel stock enters week at record high after Apple chip report, Micron test ahead
Intel Corp. heads into the new week at a record closing high, with investors trying to judge whether a White House-touted Apple chip partnership is the start of a real foundry turn or another sharp move in a stock already priced for better days. The shares finished Thursday at $133.99, up 10.64%, on volume of about 234 million shares. U.S. markets were closed Friday for Juneteenth and remain shut Sunday.
SpaceX Stock Risks Build as ARK ETF Flows, Retail Rules and Lockups Test IPO Rally
SpaceX’s first week as a public company ended with the stock still above its offering price, but the trade has shifted from scarcity to supply risk. With U.S. markets shut for the weekend, shares of the Elon Musk-led company last traded at $185 on Friday, down from a Tuesday peak of $225.64 but still about 37% above the $135 IPO price.
Industrials trade ahead of S&P 500 as FedEx, inflation data in focus
Industrial names in the U.S. outperformed the market last week, getting a boost from lower oil that helped transports, while buyers stuck with equipment makers tied to power and data-center buildouts. Now traders want to see if earnings and numbers will back up the rally’s split.