SPY ends session at $742.09 as pair of megacap earnings put index concentration in focus
The SPDR S&P 500 ETF Trust ended Monday's session down 0.16% at $742.09. U.S. cash markets had closed as of the dateline.
Nasdaq ends flat as market breadth remains thin ahead of Big Tech earnings
The Nasdaq Composite closed largely unchanged on Monday. While the Nasdaq-100 managed a small increase, the majority of Nasdaq-listed shares declined.
S&P 500 steadied by robust earnings; focus sharpens on chip sector concentration
New York cash trading had closed before filing. The S&P 500 dropped
Calix Shares Fall With Surge in Memory Costs Overshadowing All-Time Q2 Revenue
Calix stock dropped significantly on Monday as a strong alert over margins
AGNC Investment Corp. (NASDAQ:AGNC) shares trade at a 27% premium to book value post Q2 results
AGNC Investment Corp. posted a 6.7% economic return for the quarter. Despite
Tesla, Inc. (NASDAQ:TSLA) Stock Confronts $3.25 Billion Cash Drain After All-Time Delivery High
Tesla heads into Wednesday's earnings call after achieving record deliveries but is
Grab (NASDAQ:GRAB) shares rise while expanded lending portfolio pressures cash reserves
Shares of Grab Holdings Limited rose 1.5% to $3.62 on Monday. U.S. markets had shut beforehand. In the previous week, the share price declined by 9.2%.
Dow Jones falls 305 points as expensive underperformers drag despite tech rally
The Dow Jones Industrial Average dropped 305.32 points on Monday, with early figures at 4:01 p.m. showing it at 51,841.10. The cash market had just ended.
Lucid Shares Maintain 60% Recovery as Focus Turns to August Guidance
Shares of Lucid Group, Inc. advanced 0.9% to trade at $7.43 in a delayed quote as of 2:50 p.m. EDT. The Nasdaq regular session continued and was set to end at 4 p.m.
Joby Aviation (NYSE:JOBY) shares climb after defense backers highlight detailed progress
Joby gained 3.4% on Monday, while Archer’s market capitalization increased by nearly three times as much. U.S. core trading hours were still underway at the dateline.
StoneX Group Inc. (NASDAQ:SNEX) climbs 2.3% following split as certain feeds report a 32% decline
StoneX Group Inc. was up 2.3% at $70.26 as of 13:54 EDT on Monday. Certain quote feeds continued to display a drop of around 32%.
Sandisk (NASDAQ:SNDK) rebound repairs less than one-fifth of last week’s loss
Sandisk shares jumped 7.4% on Monday as chip stocks rebounded. The move still repaired less than one-fifth of last week’s dollar loss.
NIO (NYSE:NIO) shares rise as Firefly’s 11% price premium challenges profitability
NIO stock rose slightly on Monday following Firefly's debut of Habitat, its compact electric vehicle with a focus on design. The model is priced at 133,300 yuan, positioning it 13,500 yuan above the base version.
IonQ (NYSE:IONQ) Continues to Lead in Revenue While Quantum Competitors Hold Higher Valuations
Quantinuum and Quantum Computing Inc. together were valued at an estimated $16.8 billion around midday Monday, based on an early calculation. The figure outpaced IonQ by roughly 30%.
SOXX Rebounds; Five Semiconductor Stocks Account for Almost Entire Early Gain in VGT
Initial figures indicated that five semiconductor stocks accounted for 49% of the iShares Semiconductor ETF’s early rise on Monday. U.S. markets were trading. SOXX was up 2.1% at around 10:01 a.m. EDT.
Opendoor (NASDAQ:OPEN) Shares Priced at $4.50 Require Improved Cost Leverage for Q2 Breakeven
Opendoor heads into Monday following a 5.6% decline over the week. The bigger challenge for investors is within the company's second-quarter forecast from management.
Tokyo market shuts for Marine Day holiday, Nikkei chip focus to be tested Tuesday
Japan's cash markets are shut on Monday in observance of Marine Day. Trading in Nikkei 225 futures begins at 08:45 JST, offering the initial domestic indication. Cash equity trading resumes Tuesday from 09:00 JST.
NIO (NYSE:NIO) stock: 300,000 chip deliveries shift spotlight to external sales
NIO reported that its chip division has delivered over 300,000 NX9031X assisted-driving processors. The update offers investors additional performance metrics besides monthly vehicle sales.
Pfizer (NYSE:PFE) shares rise 3.6% on dividend strength as analyst forecasts remain unchanged
Pfizer Inc. rose 3.6% last week, outperforming the S&P 500 by 5.2 percentage points. Shares finished Friday at $25.05.
SanDisk (NASDAQ:SNDK) Stock Falls 29% in a Week, but Its Earnings Bar Stays High
U.S. markets were closed Sunday. SanDisk ended Friday at $1,354.82, down 29.3% across five sessions. Preliminary estimate: holding Friday’s share count constant, the fall erased about $88 billion.
Palantir Technologies Inc. (NASDAQ:PLTR) shares rise as new forecast targets an 11% quarterly growth hurdle
Palantir gained 1.9% on Monday, outperforming its sector by 3.6 percentage points. Trading volume reached 30.5 million shares, under the usual average of 42.7 million. After the close of regular trading, shares slipped 0.6% in after-hours dealings.
SPY ends session at $742.09 as pair of megacap earnings put index concentration in focus
The SPDR S&P 500 ETF Trust ended Monday's session down 0.16% at $742.09. U.S. cash markets had closed as of the dateline.
Nasdaq ends flat as market breadth remains thin ahead of Big Tech earnings
The Nasdaq Composite closed largely unchanged on Monday. While the Nasdaq-100 managed a small increase, the majority of Nasdaq-listed shares declined.
S&P 500 steadied by robust earnings; focus sharpens on chip sector concentration
New York cash trading had closed before filing. The S&P 500 dropped 14.41 points, or 0.19%, on Monday, finishing at 7,443.28 following an early climb that lost momentum.
Shares of Banco Bradesco (BVMF:BBDC4) Recover, Yet 14% Rate Scenario Intensifies Credit-Cost Challenge
Banco Bradesco S.A. finished Monday up 0.66% at R$18.41. The preferred stock had fallen 3.0% in the previous week. B3’s cash market was shut at the reporting deadline.
Calix Shares Fall With Surge in Memory Costs Overshadowing All-Time Q2 Revenue
Calix stock dropped significantly on Monday as a strong alert over margins eclipsed its highest-ever quarterly revenue. Shares stood at $33.50 at 5:58 p.m. EDT.
AGNC Investment Corp. (NASDAQ:AGNC) shares trade at a 27% premium to book value post Q2 results
AGNC Investment Corp. posted a 6.7% economic return for the quarter. Despite this, the mortgage REIT finished Monday trading at a price 27.3% higher than its tangible book value from June.
Park Aerospace (NYSE:PKE) surges after higher-value sales support margin growth
Shares of Park Aerospace Corp. surged after the closing bell on Monday on stronger-than-forecast quarterly results. The stock finished the session at $32.66, then increased to $35.42 in after-hours trading. The New York Stock Exchange did not operate at the time of reporting.
Cipher Digital (NASDAQ:CIFR) Rallies 17% as AI Data-Center Stocks Lead Over Bitcoin
Cipher Digital Inc. climbed 17.0% to reach $20.54 on Monday. U.S. cash markets closed before the dateline. The share price had fallen 20.6% over the previous week.
Highway Holdings (NASDAQ:HIHO) surges on profit recovery; outlook for acquisitions still uncertain
Shares of Highway Holdings Limited finished up 19.7% at $0.93 on Monday. The stock was last seen trading at $1.27 in after-hours dealings as of 18:10 EDT, following the close of the regular U.S. session. Quarterly revenue climbed 29.2%, and the company posted a return to operating profit.
Zions Bancorporation (NASDAQ:ZION) declines as equity gains account for 43% of quarterly earnings per share
Zions Bancorporation, National Association posted a significant rise in profit on Monday. However, two equity gains accounted for 43% of diluted earnings per share. Shares declined following the results.
Rocket Companies gains time with credit reset amid impact of mortgage rates
Rocket Companies, Inc. ended Monday’s session down 3.8% at $13.99. At the time of reporting, U.S. trading had finished for the day. The stock was still trading 0.6% higher than its July 13 close.
AtaiBeckley (NASDAQ:ATAI) trades show 18% implied valuation for acquisition milestone rights
Shares of AtaiBeckley Inc. finished Monday at $7.19, standing 44 cents above the cash bid from Eli Lilly and Co.. Reporting occurred after Nasdaq’s standard session had concluded.
e.l.f. Beauty (NYSE:ELF) shares climb 8% as haircare expansion widens valuation gap
Shares of e.l.f. Beauty jumped on Monday, following several target hikes last week. Canaccord Genuity Group Inc. increased its price target to $97 from $90.
Tesla, Inc. (NASDAQ:TSLA) Stock Confronts $3.25 Billion Cash Drain After All-Time Delivery High
Tesla heads into Wednesday's earnings call after achieving record deliveries but is anticipated to report negative cash flow. Analysts project a preliminary second-quarter shortfall of $3.25 billion.
CAVA (NYSE:CAVA) down 7.7% as lettuce concerns spark debate over valuation premium
CAVA Group, Inc. slid 7.7% to $63.51 on Monday, posting the sharpest drop among fast-casual firms observed.
Grab (NASDAQ:GRAB) shares rise while expanded lending portfolio pressures cash reserves
Shares of Grab Holdings Limited rose 1.5% to $3.62 on Monday. U.S. markets had shut beforehand. In the previous week, the share price declined by 9.2%.
Snap Shares End Session Up Amid France Youth Ban Challenge to European Expansion
Shares of Snap Inc. finished Monday at $4.56, rising 0.7%. Trading volume reached 36.1 million shares, 21% less than the 65-day average. U.S. cash trading had closed.
AI chip stocks recover from 10% weekly drop; late dip increases expectations
Advanced Micro Devices surrendered the majority of Monday’s session gains. Microsoft announced Azure will incorporate AMD’s Helios AI racks. AMD shares last changed hands at $503.57, rising 1.47%, after climbing as high as $532.80.
Steel Dynamics (NASDAQ:STLD) after-hours shares drop as steel operating profit per ton climbs 26% (PR Newswire)
Steel Dynamics posted a roughly 26% increase in steel operating income per shipped ton compared to the previous quarter, despite shipments rising just 2.8%. After-hours trading saw shares decline.
Crown Holdings (NYSE:CCK) shares recover post-earnings as buybacks contribute 40% to EPS increase
Crown Holdings gained 1.1% during after-hours trade on Monday. As of 4:49 p.m. EDT, the stock was at $115.84. Crown Holdings had ended the regular session at $114.58, falling 2.2%.
New Era Energy & Digital (NASDAQ:NUAI) surges 26%, mirroring April capital increase
Shares of New Era Energy & Digital climbed approximately 26.1% to $5.14 on Monday, based on preliminary delayed data. Nasdaq's regular session had ended. The Nasdaq Composite finished little changed.
MARA Holdings shares climb 9% following rival AI agreements, highlighting contract disparity
MARA Holdings, Inc. finished Monday’s session at approximately $11.66, marking a gain of nearly 9%. U.S. trading had just wrapped up.
Bank of America shares dip as market attention shifts to NII growth amid valuation premium
Shares of Bank of America declined 1.39% to $60.42 on Monday. The main NYSE session was closed, but after-hours trading continued. The bank’s tangible-book multiple stood roughly 10% higher than Wells Fargo.