Browse Category

Stock Market News 7 November 2025

IREN Limited (NASDAQ: IREN) Posts Record Q1, Lands $9.7B Microsoft AI Cloud Deal — Stock Swings as Compass Point Doubles Target to $105 (Nov. 7, 2025)

IREN Limited (NASDAQ: IREN) Posts Record Q1, Lands $9.7B Microsoft AI Cloud Deal — Stock Swings as Compass Point Doubles Target to $105 (Nov. 7, 2025)

IREN Limited — the AI-focused data‑center operator formerly known as Iris Energy — is back in the spotlight today after reporting record fiscal Q1 FY26 results last night and riding momentum from a $9.7 billion, five‑year AI cloud contract with Microsoft announced earlier this week. Shares are volatile in Friday trading even as Compass Point doubled its price target to $105 on the company’s hyperscale AI build‑out. GlobeNewswire+2 What’s new today (Nov. 7) The Microsoft catalyst: $9.7B over five years On Nov. 3, IREN announced a $9.7 billion AI cloud services contract with Microsoft. Under the agreement, IREN will supply
Strategy (MSTR) prices €620M euro preferred to buy more Bitcoin as stock nears 7‑month low; options traders eye bear call spreads

Strategy (MSTR) prices €620M euro preferred to buy more Bitcoin as stock nears 7‑month low; options traders eye bear call spreads

What’s new today: a euro preferred to extend the Bitcoin war chest Strategy Inc. (Nasdaq: MSTR) this morning priced a euro‑denominated perpetual preferred share offering—10.00% Series A Perpetual Stream Preferred Stock—at €80 per share for 7.75 million shares. Management expects ~€620 million in gross proceeds (~$715 million at €/$ 1.1534) and ~€608.8 million net, with proceeds earmarked for additional Bitcoin purchases and general corporate purposes. The company lists Barclays, Morgan Stanley, Moelis, SG Americas, TD Securities, Canaccord and StoneX as underwriters. Business Wire+1 A free‑writing prospectus released today details the instrument: stated amount €100 per share; 10% annual dividend paid
Palantir (PLTR) Edges Lower on Nov. 7 as Insider Sale Surfaces—Analysts Lift Targets After Blowout Q3

Palantir (PLTR) Edges Lower on Nov. 7 as Insider Sale Surfaces—Analysts Lift Targets After Blowout Q3

Today’s market action: valuation hangover meets broader AI wobble PLTR is easing on Friday, extending a mid‑week pullback that followed record Q3 results. The move comes alongside a broader AI stock wobble and a “risk‑off” tone across U.S. equities, as investors reassess premium multiples in the AI trade. Reuters+1 Fresh filing: Director Alex Moore’s 10b5‑1 sale A new SEC Form 4 filed late Wednesday shows Director Alexander D. Moore sold a total of ~20,000 Class A shares on Nov. 3 across several price tranches ($202.63–$206.60 weighted‑average ranges). The filing explicitly notes sales were executed under a Rule 10b5‑1 plan adopted
SoFi Technologies (SOFI) Today — Nov. 7, 2025: Shares Ease After Big Run as Fresh Analyst Takes, New Forecasts and “Risk Reduction” Move Make Headlines

SoFi Technologies (SOFI) Today — Nov. 7, 2025: Shares Ease After Big Run as Fresh Analyst Takes, New Forecasts and “Risk Reduction” Move Make Headlines

SoFi Technologies, Inc. (NASDAQ: SOFI) is trading lower in Friday action after a powerful multi‑week rally, with new same‑day coverage highlighting a short‑term pullback, mixed Wall Street views, and commentary that the company is “reducing risk” in its model—an investor‑friendly shift if sustained. As of ~14:50 UTC, shares were changing hands around $26.38 (about ‑2.9% intraday). What’s new today (Nov. 7, 2025) Why Friday’s headlines matter Quick refresher: the results powering the rally Analyst and target snapshot (as highlighted today) Near‑term catalyst to watch Key takeaways for Nov. 7 Not investment advice. Markets involve risk, including loss of principal. Always
NIO (NIO) Today: Firefly EVs Set Sail for Europe, Austria Launch Goes Live, North America on the Map as Shares Hover Near $6.90

NIO (NIO) Today: Firefly EVs Set Sail for Europe, Austria Launch Goes Live, North America on the Map as Shares Hover Near $6.90

Firefly’s “big lift” to Europe — and a first North America nod NIO’s entry‑level sub‑brand Firefly said a large batch of vehicles departed Shanghai’s Waigaoqiao Port for Europe, underscoring an accelerating rollout. In the same update, Firefly explicitly added North America to its overseas expansion footprint for the first time and said pre‑orders will open “soon” in Austria, Greece, and Portugal. Firefly also recapped that its first European deliveries took place August 14 (Norway and the Netherlands), marking NIO’s fastest overseas push from China launch to EU handover. CnEVPost Why it matters: The North America mention expands NIO’s optionality beyond
Tesla Today (Nov 7, 2025): Shareholders Approve Musk’s $1 Trillion Pay, ‘Terafab’ AI Chip Plan Teased, and China FSD Targeted for Early 2026

Tesla Today (Nov 7, 2025): Shareholders Approve Musk’s $1 Trillion Pay, ‘Terafab’ AI Chip Plan Teased, and China FSD Targeted for Early 2026

Shareholders bet big on Musk’s AI & robotics vision At Tesla’s 2025 annual meeting on Thursday (Nov. 6) in Austin, investors approved the largest CEO compensation package in corporate history—a performance‑based award that could be worth up to $1 trillion over the next decade if audacious operational and valuation milestones are met. The approval reportedly cleared with more than 75% support; Musk was also able to vote his ~15% stake after Tesla relocated its incorporation to Texas. Reuters Beyond pay, shareholders voted to hold annual elections for all directors and supported (in a non‑binding vote) exploring a Tesla investment in
NVIDIA (NVDA) News Today — Nov. 7, 2025: U.S. Blocks Scaled‑Down AI Chip Sales to China; Jensen Huang Says No Plans to Ship Blackwell; Stock Extends Weekly Slide

NVIDIA (NVDA) News Today — Nov. 7, 2025: U.S. Blocks Scaled‑Down AI Chip Sales to China; Jensen Huang Says No Plans to Ship Blackwell; Stock Extends Weekly Slide

What’s new today (Nov. 7) U.S. to block B30A sales to ChinaThe White House has informed federal agencies that Nvidia’s “B30A” — a reduced‑performance AI chip intended to meet prior export rules — should not be sold to China. While the B30A can be clustered to train LLMs, Nvidia is now redesigning it in hopes of satisfying regulators. Separately, Beijing has directed state‑funded data centers to use only domestic chips and to strip out foreign silicon if projects are under 30% complete — a one‑two punch that sharply limits Nvidia’s near‑term China prospects. Reuters Huang: ‘Not planning to ship anything
Affirm (AFRM) crushes Q1 FY2026, extends Amazon deal to 2031 — shares whipsaw on Nov. 7, 2025

Affirm (AFRM) crushes Q1 FY2026, extends Amazon deal to 2031 — shares whipsaw on Nov. 7, 2025

What happened today Affirm Holdings (NASDAQ: AFRM) dominated headlines after reporting a blowout Q1 FY2026 (quarter ended Sept. 30, 2025). The company topped Wall Street on both the top and bottom lines and lifted its full‑year outlook, citing momentum in its 0% APR offers, the Affirm Card, and large‑platform partnerships. Barron’s Adding to the news flow, Affirm disclosed that it restated and extended its U.S. partnership with Amazon. The new agreement takes effect Feb. 1, 2026, runs through Jan. 2031, and automatically renews in one‑year increments unless terminated—further cementing Affirm’s presence across Amazon’s checkout and Amazon Pay surfaces. SEC Markets
Expedia Group (EXPE) soars on Q3 2025 beat and higher full‑year outlook; B2B bookings power rally — Nov. 7, 2025

Expedia Group (EXPE) soars on Q3 2025 beat and higher full‑year outlook; B2B bookings power rally — Nov. 7, 2025

Expedia Group, Inc. (NASDAQ: EXPE) reported stronger‑than‑expected third‑quarter results after the bell on Nov. 6 and raised its 2025 guidance. Shares jumped as much as ~16% in pre‑market trading today (Nov. 7) as investors cheered accelerating B2B momentum and margin expansion. reuters.com+1 Key takeaways What happened Expedia said demand accelerated into the September quarter, with U.S. room‑nights growing at the fastest pace in over three years while international momentum remained solid. CEO Ariane Gorin pointed to reinforcing effects of its two‑sided marketplace and execution against strategic priorities as drivers of the outperformance. expediagroup.com The company’s B2B platform—powering partners like travel
BIO-key (BKYI) spikes on major Middle East defense biometric deployment — stock reacts as company expands EMEA footprint [Nov. 7, 2025]

BIO-key (BKYI) spikes on major Middle East defense biometric deployment — stock reacts as company expands EMEA footprint [Nov. 7, 2025]

BIO‑key International, Inc. (Nasdaq: BKYI) said today it has secured a “significant” new identity and biometric security deployment with a major defense‑sector security organization in the Middle East, a win the company calls one of its largest security‑sector deployments in the region to date. The unnamed customer selected BIO‑key to protect critical infrastructure and sensitive access environments using the company’s biometric‑centric, multi‑factor authentication stack; financial terms were not disclosed. The project is being delivered with Cloud Distribution, a Saudi‑based value‑added distributor that BIO‑key partnered with this year. GlobeNewswire Market reaction: Before the opening bell, BKYI shares jumped roughly 47–55% in
Take‑Two Interactive (TTWO) Slides as ‘GTA VI’ Slips to Nov. 19, 2026—Despite Record Q2 Bookings and Full‑Year Guidance Raise (Nov. 7, 2025)

Take‑Two Interactive (TTWO) Slides as ‘GTA VI’ Slips to Nov. 19, 2026—Despite Record Q2 Bookings and Full‑Year Guidance Raise (Nov. 7, 2025)

What happened today Take‑Two Interactive (NASDAQ: TTWO) is in focus after Rockstar Games pushed Grand Theft Auto VI to November 19, 2026 and Take‑Two reported stronger‑than‑expected fiscal Q2 results and a guidance raise. Rockstar framed the move as extra time to meet quality goals; it posted the new date publicly this morning. Rockstar Games In an evening press release following its earnings call on Nov. 6, Take‑Two announced record Q2 FY2026 net bookings of $1.96 billion (up 33% year over year), GAAP revenue of $1.77 billion, and a GAAP net loss of $133.9 million ($0.73/share). Management raised FY2026 net bookings
Block (XYZ) Stock Sinks ~15% After Q3 Miss—Cash App Hits 58M Users as Square GPV Grows 12% (Nov. 7, 2025)

Block (XYZ) Stock Sinks ~15% After Q3 Miss—Cash App Hits 58M Users as Square GPV Grows 12% (Nov. 7, 2025)

Block, Inc. (XYZ) shares fell about 15% in premarket trading on Friday after the company posted mixed third‑quarter results and profitability at the Square seller business trailed its volume growth. Square’s gross payments volume (GPV) rose 12% year over year, but its gross‑profit growth slowed to ~9%, a dynamic that concerned investors heading into the session. Reuters By the numbers (Q3 FY2025) On a non‑GAAP basis, adjusted EPS was $0.54, below the $0.67 LSEG consensus cited by Reuters, and Block booked a $59.6M bitcoin remeasurement loss in the quarter. The company also noted bitcoin revenue fell to $1.97B from $2.43B

Stock Market Today

Corning stock price hits record close — what’s driving GLW and the next big test

Corning stock price hits record close — what’s driving GLW and the next big test

7 February 2026
Corning shares jumped 8.3% to a record $122.16 Friday, gaining 11% over two sessions amid strong demand for AI infrastructure stocks. The move follows a $6 billion optical fiber deal with Meta and upgraded company forecasts. Shares traded as high as $122.56 and rose 0.6% after hours. COO Avery Nelson sold 1,894 shares for tax withholding, retaining 66,050.
PepsiCo stock: €2.5 billion bond deal lands as investors size up the price-cut gamble

PepsiCo stock: €2.5 billion bond deal lands as investors size up the price-cut gamble

7 February 2026
PepsiCo priced €2.5 billion in euro notes across four maturities, with settlement set for Feb. 11, according to an SEC filing. The company plans to use proceeds for general corporate purposes, including repaying commercial paper. Shares closed at $170.49 Friday, up 1.8%. PepsiCo is also cutting U.S. snack prices by up to 15% after consumer pushback.
Go toTop