Today: 4 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.
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

  • Sony Group Shares Rebound Amid Valuation Gap, Seen 24% Undervalued
    June 4, 2026, 2:35 AM EDT. Sony Group (TSE:6758) shares have risen 15.73% over the past month but remain down 11.28% year-to-date, trading at ¥3,619. Analysts estimate a fair value of ¥4,764.78, implying the stock is about 24% undervalued. This optimistic outlook is driven by Sony's expanding revenue and margins from its proprietary content, including popular anime like Demon Slayer and strategic partnerships such as Bandai Namco. However, potential risks include rising PS5 hardware memory costs and the impact of AI-generated music on catalog value. Investors are advised to review detailed data and balance growth prospects against emerging headwinds before making decisions.

Latest articles

Dow Falls 620 Points After Broadcom’s After-Hours Move Shakes AI Stocks

Dow Falls 620 Points After Broadcom’s After-Hours Move Shakes AI Stocks

4 June 2026
Broadcom plunged 13.7% after hours to $413.62 as second-quarter revenue missed Wall Street estimates and its AI-chip sales forecast stayed unchanged, erasing one of the market’s last AI-linked supports just as the Dow fell 621 points and oil neared $100, stoking inflation and Fed risk concerns.
PVH Shares Drop After Results, But Quarter Wasn’t the Issue

PVH Shares Drop After Results, But Quarter Wasn’t the Issue

4 June 2026
PVH shares plunged 18.7% to $79.00 after hours as the Calvin Klein and Tommy Hilfiger owner slashed its full-year revenue outlook to roughly flat, citing ongoing pressure in Europe, the Middle East and Africa, overshadowing a first-quarter profit beat and signaling weaker second-quarter sales.
Nu Holdings Shares Fall After Analyst Downgrades and CFO Change

Nu Holdings Shares Fall After Analyst Downgrades and CFO Change

4 June 2026
Nu Holdings sank 2.43% to $11.64 after a second analyst downgrade in two days, as Susquehanna and BofA cited falling margins, rising credit risk, and uncertainty from an upcoming CFO change; credit loss allowances jumped 33% last quarter, while risk-adjusted net interest margin fell to 9.5%, raising concerns about Nu’s growth premium amid broader weakness in Brazilian bank stocks.
Intel shares snap losing streak as Wall Street eyes CPU rebound

Intel shares snap losing streak as Wall Street eyes CPU rebound

4 June 2026
Intel soared 4.43% to $112.71, snapping a five-day losing streak, after unveiling new Xeon 6+ CPUs and rack-scale AI infrastructure at Computex, positioning CPUs as central to AI buildouts and sparking renewed investor interest despite ongoing risks from rivals and rising chip costs.
Five Below Drops After Strong Quarter as Traders React

Five Below Drops After Strong Quarter as Traders React

4 June 2026
Five Below stock plunged 12.6% after hours to $194.87 despite first-quarter sales and profit beating estimates and raised full-year guidance, as investors focused on management’s warnings about rising fuel costs, sticky inflation, and a tougher consumer backdrop that could threaten the chain’s strong sales momentum.
Go toTop