Verizon (NYSE:VZ) swings as investors eye dividend risk
Verizon Communications Inc. shares slipped Thursday as investors reacted to renewed fears about competition from satellite and cable, a risk not included in the dividend yield.
Keel Infrastructure shares fall, nearly wiping out June note sale amount
Keel Infrastructure Corp. slid hard Thursday, giving back nearly as much market cap as it raised in a June convertible note sale. The drop came three days after its addition to the Russell 3000.
Plug Power (NASDAQ:PLUG) slides with cash crunch still top concern despite Denmark news
Plug Power Inc. dropped 3.4% to $2.55 Thursday afternoon, trailing major U.S. equity ETFs. Traders focused more on the timing of the company's liquidity than the debut of Plug’s Danish electrolyzer system. Shares opened at $2.68 and slipped to $2.54. By 12:49 p.m. EDT, volume hit 33.7 million shares.
IREN (NASDAQ:IREN) falls as $694M CEO pay meets Russell 1000 index move
IREN Limited dropped 11.9% to $38.16 in Thursday’s early U.S. trade, lagging behind the Invesco QQQ Trust Series 1, which slipped 1.8%. IREN kicked off at $42.48, reached $43.90, then hovered just above its $37.87 session low.
USPS confirms July 4 shutdown, parcel investors brace for split in mail, markets
Saturday’s Independence Day has led to an unusual schedule for shippers and markets in the U.S. The mail is still running Friday, but cash equity markets aren’t. For United Parcel Service and FedEx investors, this is more than a simple holiday statement. The worry is about just how much low-cost parcel volume now relies on USPS rates and last-mile work.
Deltic Energy bid spread remains open as thin AIM quote tests cash offer
Deltic Energy Plc keeps acting more like a deal arb play than an explorer. The shares remain under the cash offer price, despite shareholders approving the NEO NEXT+ Energy Upstream UK Limited buyout.
TELUS (TSE:T) slide gives new CEO a tougher dividend challenge
TELUS Corporation dropped in Toronto on Thursday, the first day of trading since Victor Dodig became CEO. The yield on the stock sits well above that of other big Canadian telecoms, but TELUS is still working to cut its leverage, leaving investors with a new issue to figure out.
BlackBerry (NYSE:BB; TSE:BB) rally pauses as note conversion faces test
BlackBerry Limited shares dropped sharply Thursday, but the daily move wasn’t the whole story. The recent rally has brought the company’s convertible notes into focus as investors rethink the valuation for its QNX embedded systems business.
Oracle (NYSE:ORCL) AI backlog tops market cap but spending keeps rising
Oracle is trading less like a typical software name and more like a buildout on credit, with $638 billion in future contracted revenue, a $411 billion market cap, and cash outflows that are outpacing near-term revenue realization.
AMD (NASDAQ:AMD) edges lower as market looks at $1 trillion CPU potential
Shares of Advanced Micro Devices slipped Thursday, despite more bullish price targets from big Wall Street firms. The market is debating whether AMD’s AI value still sits with its CPUs instead of GPUs.
Big Tree Cloud (NASDAQ:DSY) volume spikes to 3.7x float before Nasdaq break
Big Tree Cloud Holdings Limited surged Thursday. The move looked less like a reaction to earnings or news and more like traders keying in on the share count.
Apple (NASDAQ:AAPL) shares up, leaving little margin for error on AI upgrade story
Apple Inc. jumped 3.9% to $305.81 at about 10:50 a.m. in New York, tacking on around $168 billion in market value. That move cut against the broader tape: Invesco QQQ Trust slipped 0.8%, while SPDR S&P 500 ETF Trust traded up 0.2%. The focus is on the gap here—Apple is being pushed back toward its June highs even as fresh survey data raises doubts about whether AI features are making iPhone owners upgrade any faster.
Tesla (NASDAQ:TSLA) slips after Q2 beat depends on inventory drawdown
Tesla, Inc. dropped 6.8% to $396.52 late Thursday morning. The EV maker had posted a solid second-quarter delivery beat, but shares still fell. Tesla started at $428.29, hit $436.93 early on, then slid to a session low of $396.18 by about 10:52 a.m. ET, according to the latest quote.
Dow outpaces S&P 500 after weak jobs data; record close in sight
The Dow Jones Industrial Average jumped 435.10 points, or 0.83%, to 52,740.34 as of 10:51 a.m. EDT on Thursday, leading U.S. stocks higher. The blue-chip index moved in a range between 52,395.22 and 52,805.12, topping both its prior close of 52,305.24 and the record close of 52,319.20 from Tuesday. The S&P 500 rose 0.24% at that time, while the Nasdaq Composite slipped 0.21%.
US stocks edge up as jobs data pushes money out of AI chipmakers
U.S. stocks climbed Thursday as June jobs numbers eased Fed rate hike fears without signaling a jobs crisis. Away from the headline indexes, equal-weight and sector ETFs outperformed cap-weighted tech, even though semiconductors lagged and the big indexes moved higher.
Regencell Bioscience (NASDAQ:RGC) slumps 63% under May offer after rebound fades
Regencell Bioscience Holdings Limited dropped Thursday morning after jumping on Wednesday. The move came as biotech funds traded higher. The stock is trading out of sync with the sector and is still well under the price from the company’s share sale six weeks back.
CaliberCos (NASDAQ:CWD) jumps 100% on Chainlink news, float trades over 24 times in wild session
CaliberCos Inc. jumped close to 100% early Thursday after the Scottsdale-based asset manager said it will use Chainlink tech to tokenize its private real estate funds. Turnover, not the price spike, was the clearer indicator in the market.
Select Medical (NYSE:SEM) leaves NYSE after $3.9B buyout, one-cent deal spread
Select Medical Holdings Corporation closed its run on the New York Stock Exchange with shares finishing nearly right at the cash price for its merger. That wrapped up its time in the market as an option on hospitals, rehab clinics, and steady cash flow.
Rivian (NASDAQ:RIVN) stock jumps as guide math shifts focus to second-half R2 ramp
Rivian Automotive, Inc. jumped in early U.S. trading on Thursday after the electric-vehicle maker raised its 2026 delivery forecast, but the sharper investor read is in the guide math: the company still needs to deliver almost twice its second-quarter volume in each of the next two quarters to hit the midpoint of the new range.
Clearwater Analytics stock out: Glazer merger-arb trade now zero, filing says
Clearwater Analytics Holdings Inc is done trading after being taken private. Its last trade printed at $24.56, just a penny above the $24.55 per share cash buyout. Clearwater said its Class A shares are now off the NYSE after the acquisition closed June 25.
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