Bitmine Shares Fall as Lee Raises Ethereum Exposure
Bitmine Immersion Technologies shares dropped hard Monday. The move came as the company increased its Ethereum holdings, but Ether’s price fell and risk assets stayed weak.
Tesla Slides Again as Robotaxi Faces Latest Challenge
Tesla Inc. shares fell 3.8% to $406.11 Monday afternoon, reversing some of last week’s gains as tech stocks sold off. Tesla, one of the busiest names in AI and autonomy trades, opened at $419.15, then slid to a low of $405.90. About 39.8 million shares changed hands.
IREN Drops Again After AI Cloud Plans Get Costlier
IREN Limited shares slid Monday after the data-center firm said it’s buying another company, this time a smaller deal aimed at branding. The move hasn’t settled investor anxiety about what it’s spending to ramp up its AI infrastructure. The stock, which trades on Nasdaq, was recently off 7.2% at $49.15. Shares fell as low as $48.49 earlier on volume topping 33 million.
Figma shares test rebound as AI bet delivers
Figma traded up Monday, keeping most gains after its earnings bounce. Investors are watching whether the design-software player can price new AI features without cutting into customer activity. Shares changed hands at $23.20 early afternoon, compared to $22.92 at Friday’s close, even as the Nasdaq dipped.
Nvidia Stock Slips Ahead of Earnings as Wall Street Eyes $5 Trillion Mark
Nvidia NVDA slid 2.8% to $219.05 on Monday, pulling chip stocks lower as traders lightened up on positions ahead of its fiscal first-quarter report this week. Shares earlier hit $230.62. Nvidia’s market cap sits at about $5.36 trillion.
Nu Stock’s Record Quarter Fails to Sway Traders
Nu Holdings Ltd. shares barely moved Monday afternoon, with the price sticking close to lows seen after Nubank’s Q1 results. The market kept its attention on higher loan-loss provisions, setting aside record revenue. The stock last traded at $12.18, off 0.1%, in a range of $12.10 to $12.42. Volume was around 38.7 million shares.
SoFi shares hold after record results, traders eye risk wall
SoFi Technologies stock was flat Monday afternoon. Shares slipped from their early gains as the market considered the company’s record lending and growth in members, while fintech stocks faced more pressure. SoFi traded at $15.60, down less than 0.1%. The stock moved between $15.40 and $16.31, with close to 44.7 million shares changing hands.
Micron Stock Is Falling Hard As Samsung’s Strike Fight Tests The AI Memory Boom
Micron Technology shares fell 6.4% to $678.30 in early afternoon trading on Monday, giving up an opening gain and touching a session low of $677.96 as investors cut exposure to one of the year’s hottest semiconductor trades. The stock opened at $749.24 after closing Friday at $724.66.
Costco Stock Outperforms in Weak Economy—But Price Stays High
Costco Wholesale traded higher on Monday, up $16.03 to $1,064.98 by midday in New York. Shares touched $1,070.55 earlier. Investors kept buying into the warehouse retailer’s mix of food, fuel, and membership fees. Its price-earnings ratio was around 55.4.
Exxon Stock on the Move as Oil Jumps, Next Challenge in Focus
Exxon Mobil shares climbed Monday, tracking higher oil prices. The biggest U.S. oil company was back on traders’ radar ahead of a shareholder vote set for next week. Exxon was last at $160.97, up roughly 1.9%. Chevron and ConocoPhillips also traded higher.
GE Aerospace Shares in Focus After Trump Comments, Details on Engine Deal Still Absent
GE Aerospace shares traded higher on Monday, with investors looking at signs of a China aviation opening. The civil aviation regulator in China said it met with executives from GE and Boeing in Beijing after U.S. President Donald Trump said China planned to buy 200 Boeing jets. This would be the first major Chinese order for Boeing in roughly ten years, but details on a possible Boeing jet order involving hundreds of GE engines were light.
Applied Digital’s AI Stock Just Hit a Wall After Its $7.5 Billion Win
Applied Digital shares slid about 10% in midday trading on Monday, a sharp pullback for one of the market’s hotter AI-infrastructure names, as investors took profits and re-priced risk around high-growth data-center stocks. The shares recently traded at $38.30 after opening at $42.75 and touching an intraday low of $37.945.
Broadcom’s $2T AI Surge Heads for June Test
Broadcom got another price-target bump from Wall Street on Monday. Investors shrugged off a recent dip in the stock, focusing instead on the June earnings report, which could prove important for one of the biggest AI plays in the market.
Apellis Stock Delisted From Nasdaq, Focus Turns to $4 Payout
Apellis Pharmaceuticals is no longer on Nasdaq after Biogen wrapped up its buyout Monday, setting APLS at $41 per share in cash.
Ondas Shares Drop Following $199 Million AI Defense Deal, Traders Eye Next Steps
Ondas Inc. shares dropped roughly 10% in midday Nasdaq trade Monday, pulling back from last week’s gains as the company announced an all-stock deal to buy Israeli defense software firm Omnisys and filed for a resale of shares. The stock was last at $9.555, off an intraday low of $9.53, with volume topping 48 million.
POET Gets $400M Infusion But Shares Drop
POET Technologies Inc. stock dropped 14.2% to $13.70 in midday trading Monday on Nasdaq. Volume was about 47.9 million shares. This came as the Canadian photonics maker said it closed a US$400 million investment to help expand in AI data-center hardware.
Why Plug Power Stock Is Falling Today After Its Hydrogen Rally
Plug Power Inc. shares fell sharply on Monday, giving back part of last week’s earnings-driven rally as traders reassessed whether the hydrogen company’s margin gains can outrun its losses and funding needs.
Ford’s Energy Bump Cools Off Despite EDF Tie-Up; EV Worries Still Linger
Ford Motor shares gave up gains by midday Monday, turning lower as the market looked past an initial jump tied to a battery-storage agreement with EDF. Investors focused on how long the project could take and the risk in Ford’s newest shift.
Nasdaq 100 Falls Below 29,000 as Wall Street Eyes Market Moves
Nasdaq-100 broke below 29,000 on Monday, losing ground as tech stocks retreated again. The index was last quoted at 28,880.80, down 0.84%, according to Nasdaq data, and slipped under what many market notes had flagged as a key support line. Some technical analysts and investors had already voiced caution about chip stocks looking stretched.
Walmart heads into earnings after Wall Street target hikes
Walmart shares gained Monday as several Wall Street analysts bumped up price targets, putting attention on the retailer ahead of its fiscal first-quarter earnings later this week.
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