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Stock Market 10 July 2026

Plug Power Drops After Broker Cut Wipes $1.75 Billion, 50-MW Order Not Enough

Plug Power Drops After Broker Cut Wipes $1.75 Billion, 50-MW Order Not Enough

Plug Power Inc. dropped 5.5% to $2.25 late Friday morning after Susquehanna lowered its 12-month target price to $2.50 from $3.75. The cut took $1.25 off the target on about 1.40 billion shares, slicing around $1.75 billion from the broker’s implied equity value. That’s about 56% of Plug’s current $3.13 billion market cap. These are target numbers—not an actual market loss.
SK Hynix’s $26.5 Billion Nasdaq Debut Reveals the Hidden Price Investors Pay for Access

SK Hynix’s $26.5 Billion Nasdaq Debut Reveals the Hidden Price Investors Pay for Access

SK hynix Inc. attracted filings from at least 10 fund managers for leveraged or inverse single-stock exchange-traded funds before its first U.S. trade, after pricing a $26.5 billion sale of American depositary receipts, or ADRs — U.S.-traded certificates representing foreign shares — at $149. The price was 2.7% above the three-day average for its Seoul shares; underwriters earned nearly $260 million, or 0.97% of the proceeds.
ETFs All Pick SCHD, But 85-Basis-Point Yield Gap Changes the Story

ETFs All Pick SCHD, But 85-Basis-Point Yield Gap Changes the Story

Schwab U.S. Dividend Equity ETF landed on three separate new lists released from July 8 to Friday, the only fund to do so after a strong first half that topped the broad U.S. market. The lists may signal agreement on income, but dig deeper and it looks more like a sector shift out of mega-cap tech.
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#1 STRONG BUY

Xylem

NYSE: XYL 95 / 100
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AerCap

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Visa

NYSE: V 90 / 100
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Chevron

NYSE: CVX 87 / 100
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UPS

NYSE: UPS 84 / 100
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