Today: 24 June 2026
Browse Category

NASDAQ:FRVO 13 May 2026 - 23 May 2026

Fervo Stock’s Hot Debut Got Bigger. Monday Is the Real Test

Fervo Stock’s Hot Debut Got Bigger. Monday Is the Real Test

Fervo Energy raised about $2.17 billion in its IPO after selling 80.5 million shares at $27 each, according to a Friday filing. FRVO closed Friday at $41.06, up 52% from the IPO price, and joined the Nasdaq Composite Index on May 13. The company reported a $57.8 million net loss on $138,000 revenue for 2025. Fervo is developing enhanced geothermal systems and building its Cape Station project in Utah.
16 May 2026
··
Fervo Energy Stock Pops 35% In Nasdaq Debut, Then Slips Before The Next Open

Fervo Energy Stock Pops 35% In Nasdaq Debut, Then Slips Before The Next Open

Fervo Energy’s shares closed their Nasdaq debut at $36.54, up 35.3% from the $27 IPO price, before slipping to $35.55 in premarket trading. The Houston-based geothermal developer raised $1.89 billion by selling 70 million shares in an upsized offering. Fervo reports $7.2 billion in potential contracted revenue but remains unprofitable. Its first commercial facility is set to deliver power by late 2026.
14 May 2026
···
Fervo Energy Stock Jumps 35% in Nasdaq Debut as AI Power Demand Pulls Geothermal Into Wall Street’s Spotlight

Fervo Energy Stock Jumps 35% in Nasdaq Debut as AI Power Demand Pulls Geothermal Into Wall Street’s Spotlight

Fervo Energy shares closed at $36.54, 35% above the $27 IPO price, in their Nasdaq debut Wednesday, valuing the company at $10.36 billion. The Houston geothermal developer raised $1.89 billion by selling 70 million shares. Fervo reported 2025 revenue of $138,000 and a net loss of $57.8 million. The company holds $7.2 billion in potential contracted revenue but has yet to deliver commercial power.
13 May 2026
···

Stock Market Today

  • FTSE 100 Steady Amid Tech Sell-Off and Easing Middle East Tensions
    June 24, 2026, 6:36 AM EDT. The FTSE 100 held steady, rising 0.09%, as easing geopolitical tensions in the Middle East offset a global sell-off in technology stocks, especially semiconductors. UK political changes drew attention after Keir Starmer's resignation and discussions with successor Andy Burnham. Improved shipping through the Strait of Hormuz reduced energy market pressures, causing Brent crude to drop 1.22% to $75.86 per barrel. Precious metals also declined. Berkeley Group missed profit forecasts due to higher costs and cautious demand. SEGRO rejected a £12.6 billion takeover bid from Prologis. Retailer B&M appointed Asda executive Atheeq Akbar as CFO, advancing UK operations. Investors balanced improved geopolitical outlook with sector-specific challenges, maintaining a cautious market stance.
Industrials trade ahead of S&P 500 as FedEx, inflation data in focus

FedEx shares fall as 2026 outlook rests on pricing, Freight move

24 June 2026
FedEx stock plunged over 7% premarket after a quarterly earnings beat, as investors worried about margin pressure and a 2026 profit outlook driven by price hikes, not volume growth; operating margin fell to 7.7% from 8.4% despite revenue gains, and the recent Freight spin-off complicates comparisons until recast financials arrive in August.
Nokia (HEL:NOKIA) trades higher on AI network automation push, outpaces Helsinki index

Nokia (HEL:NOKIA) trades higher on AI network automation push, outpaces Helsinki index

24 June 2026
Nokia shares jumped up to 3.6% in Helsinki after unveiling a series of AI-powered autonomous network releases with Google Cloud, AWS, and Databricks, driving automation rates above 90% and productivity gains of 60–80%, but investors await July 23 results for confirmation as new launches focus on future deployments, not immediate contract revenue.
Go toTop