IREN (NASDAQ:IREN) Shares Add to 30% Bounce, Await Key AI Revenue Test
Shares of IREN Limited gained 6.1% to $40.59 in premarket trading on Friday, after surging 30.5% to $38.26 on Thursday. U.S. markets had not yet opened at 06:05 EDT.
Kioxia Holdings (TYO:285A) Launches ¥800 Billion Share Buyback Amid Rising AI Profits
Kioxia Holdings unveiled an ¥800 billion share repurchase following the market close in Tokyo on Friday. The company projected operating profit for July-September at ¥1.89 trillion, coming in below the ¥1.95 trillion consensus forecast from eight analysts polled by LSEG.
Roblox Shares Slide 12% After Soft Q3 Bookings Outlook Offsets Cash-Flow Progress
Shares of Roblox Corp. dropped approximately 12% to around $43 in after-hours trading on Thursday, following a close at nearly $48.65, down about 3% ahead of the report. U.S. cash markets had already closed.
FuelCell Energy (NASDAQ:FCEL) rises 29% after Bloom Energy (NYSE:BE) earnings boost AI-power rally
Shares of FuelCell Energy, Inc. jumped 28.7% in Thursday afternoon trading. The stock climbed to $23.36 before pulling back. Trading volume was close to 10 million shares as of 3 p.m.
Ellisons’ $9.8 billion Warner Bros takeover risk exceeds Paramount’s valuation
Paramount Skydance Corporation lost 2.6% on Thursday. The company’s market capitalization remained close to $8.66 billion. According to Bloomberg, the Ellison family could be liable for $9.8 billion if the Warner Bros. Discovery, Inc. deal is blocked by regulators. That risk amounts to about 113% of Paramount’s public equity value.
Cycurion shares jump 400% after securing $54.6 million contract; funding remains immediate hurdle
Shares of Cycurion, Inc. were last traded at $1.35 on Thursday, marking a rise of 399.6%. Trading volume totaled 412.1 million shares. The stock was halted for volatility for the sixth time since midday, with the latest pause occurring at 12:59 EDT.
QQQ Gains 3% with Adviser Filings Highlighting Conviction Rather Than New Fund Inflows
Invesco QQQ Trust gained 3.0% to $681.65 during morning trading. However, two recent adviser notifications did not disclose any acquisitions taking place in July.
Jersey Mike’s $1 bln IPO (NYSE:JMKE) delivers 68% to selling holders, focuses on debt hurdle (Reuters)
Jersey Mike’s set its price at $23 per share for 43.48 million shares, aligning with the midpoint of its proposed range. The offering brings in $1 billion, assigning the sandwich company an approximate valuation of $7.3 billion. U.S. cash markets were active, but JMKE had not started trading.
US stock futures climb, big tech diverges as AI-driven cash flow divides winners and losers
U.S. stock futures advanced on Thursday, with gains mostly focused on technology shares. Nasdaq 100 futures increased by 1.57%, while Dow futures were up 0.35%.
Microsoft (NASDAQ:MSFT) shares surge close to 9% after easing of AI order backlog tempers spending worries
Shares of Microsoft Corporation gained 8.8%, reaching $424.93 during Thursday's premarket session. U.S. regular trading hours had not yet begun. The stock closed at $390.54 on Wednesday.
Robinhood (NASDAQ:HOOD) Q2 Results Signal Prediction Markets Surpass Crypto
Shares of Robinhood Markets declined after the company reported results that exceeded second-quarter earnings expectations. U.S. regular trading had not yet begun at time of publication.
Avantor (NYSE:AVTR) stock jumps 15% as sales outlook improves, margins lag
Avantor, Inc. shares surged after second-quarter revenue and adjusted profit beat estimates. The laboratory-supplies group also raised its full-year organic-sales range.
US Stocks Slide Before Fed as Oil Surges; Two Shares Drive 72% of Dow Loss
U.S. stocks fell around midday Wednesday as surging oil revived inflation concerns. The Dow dropped about 852 points, its sharpest of the three major index declines.
Micron (NASDAQ:MU) Shares Fall as Investors Anticipate Sooner Decline in Peak Memory Margins
Micron Technology declined 5.4% on Wednesday, pushing its losing streak over three sessions to roughly 15.8%. The stock slid 8.9% on Tuesday, following a 2.3% dip on Monday.
S&P 500, Nasdaq, Dow decline; oil rally intensifies AI slide ahead of Fed
U.S. cash markets traded sharply lower on Wednesday, with the S&P 500 down 0.7% as of 10:30 a.m. The Dow declined 1.4%, and the Nasdaq slipped 1%.
Amphenol Shares Surge 8% After CommScope Acquisition Doubles Projected EPS Benefit
Shares of Amphenol Corporation rose 7.6% to $154.84 at the start of trading in New York after the connector manufacturer surpassed second-quarter expectations and provided an improved forecast for the third quarter.
CBIZ Shares Surge to Near $55 Following Grant Thornton’s $5 Billion Acquisition, Spread at 1%
CBIZ Inc. shares were quoted at $54.45 ahead of Wednesday's session, representing a rise of roughly 16.6% from Tuesday's closing price of $46.70. Grant Thornton Advisors proposed to acquire CBIZ for $55 per share in cash.
Procter & Gamble (NYSE:PG) shares dip after 2027 strategy signals nearly 10% hit to earnings
Shares of Procter & Gamble declined roughly 3% in premarket trading on Wednesday, as stagnant organic sales and cautious forecasts eclipsed a two-cent earnings beat. The main NYSE session was still yet to begin.
Social Security COLA Projection for 2027 Drops, Cutting Estimated Benefit Increases by $16.6 Billion
An independent projection for the 2027 Social Security COLA has dropped by one percentage point, decreasing the calculated annual benefit rise by roughly $16.6 billion.
Hermès Shares Drop Nearly 10% as China Stalls and Growth Narrows
Hermès International SCA shares fell 9.85% to €1,528.50 by 11:06 CEST. The decline followed second-quarter sales growth of 6.7% at constant currencies.