Today: 10 June 2026
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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.
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.
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.

Stock Market Today

  • Bitcoin Faces Headwinds Amid Fed Rates and Technical Weakness
    June 10, 2026, 4:10 AM EDT. Bitcoin traded near $61,400, roughly 20% below its 50-day moving average of $75,020, signaling technical weakness, says David Nicholas, CEO of XFUNDs. Nicholas describes BTC's chart as "broken," maintaining defensive hedges while watching for signs of stabilization. Despite oversold conditions that might prompt a short-term bounce, he warns a 20% gain is needed to shift bullish sentiment. This recovery target remains below the 200-day moving average, broadly viewed as a key long-term trend indicator. Other market participants highlight resistance levels between $68,000 and $80,000 as critical to a resurgence in Bitcoin's bullish momentum.

Latest articles

Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

US Stock Market Today: Live Updates 10.06.2026

10 June 2026
LIVEMarkets rolling coverageStarted: June 10, 2026, 4:00 AM EDTUpdated: June 10, 2026, 4:16 AM EDT Bitcoin Faces Headwinds Amid Fed Rates and Technical Weakness June 10, 2026, 4:10 AM EDT. Bitcoin traded near $61,400, roughly 20% below its 50-day moving average of $75,020, signaling technical weakness, says David Nicholas, CEO of XFUNDs. Nicholas describes BTC’s chart as “broken,” maintaining defensive hedges while watching for signs of stabilization. Despite oversold conditions that might prompt a short-term bounce, he warns a 20% gain is needed to shift bullish sentiment. This recovery target remains below the 200-day moving average, broadly viewed as a
Nasdaq Sees More Moves After Hours Following U.S. Strike on Iran

Nasdaq Sees More Moves After Hours Following U.S. Strike on Iran

10 June 2026
U.S. stock futures fell after hours and oil rose as U.S. strikes on Iran fueled risk-off sentiment, deepening losses in tech shares and raising investor caution ahead of Wednesday’s key inflation report, with fears of Fed rate hikes and volatility from the upcoming SpaceX IPO adding pressure.
Keel Slides After $458 Million AI Data-Center Debt Deal Launch

Keel Slides After $458 Million AI Data-Center Debt Deal Launch

10 June 2026
Keel Infrastructure shares plunged 4.24% to $5.42 after closing a $458 million convertible debt sale, reviving investor fears of future dilution even as the company boosts funding for AI-focused data-center projects; shares slipped further to $5.32 after hours on more than double average volume, reflecting concerns over execution risks and the impact of new financing.
Super Micro sinks after $7B AI server plan; dilution a risk

Super Micro sinks after $7B AI server plan; dilution a risk

10 June 2026
Super Micro Computer plans to raise $7 billion through equity and equity-linked financing to fund soaring AI server orders, sending shares down about 9% in after-hours trading as investors focused on dilution risk; the company reported $39 billion in recent AI server orders, but noted these are not firm commitments and cited ongoing legal and regulatory risks.
American Airlines Stock Rises on Google Fuel Deal, Market Watches for Fuel Shock

American Airlines Stock Rises on Google Fuel Deal, Market Watches for Fuel Shock

10 June 2026
American Airlines surged to $14.09, up 48.5 cents, after announcing a three-year sustainable aviation fuel deal with Google covering 35 million gallons, as investors focused on surging fuel costs that jumped 78% in April to $6.5 billion; the stock rose in line with airline peers amid a drop in crude prices, while American’s 2026 outlook remains pressured by higher fuel expenses and a narrowed profit forecast.
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