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SpaceX Stock Volatile as 911.5M Shares Unlock
SpaceX's IPO lockup began expiring Thursday, unleashing up to 911.5 million insider-held shares onto the market just one day after the company posted a beat on its first earnings report as a public co
AppLovin Sinks 17% as Q2 Revenue Falls Short
AppLovin shares plunged 17% on Thursday after the adtech company reported Q2 revenue of $1.92 billion, falling short of the $1.94 billion Wall Street expected, with CEO Adam Foroughi pinning the miss
The divide between Eli Lilly and Novo Nordisk is widening after their latest earnings
Eli Lilly extended its dominance in the obesity drug market with Q2 revenue up 48%, while Novo Nordisk's shares fell despite beating estimates, as investors grew uneasy about its Wegovy pill launch an
Sandisk Guidance Drags Memory Stocks, SK Hynix Down 10%
Sandisk's underwhelming fiscal 2027 revenue outlook sent its shares lower premarket and dragged memory makers across South Korea and Japan down with it, while broader AI chip stocks held largely flat
SpaceX stock could face further pressure as first batch of shares unlock since IPO
Roughly 911 million SpaceX shares unlock Thursday as IPO lockup restrictions expire — more than the 639 million sold in the company's record debut — adding supply to a stock already down 50% from its
Versant shares surge 10% after company raises 2026 outlook on platforms, advertising momentum
Versant Media Group raised its full-year 2026 revenue and EBITDA guidance and beat Q2 Wall Street estimates, sending shares up more than 10% as executives pointed to momentum at Fandango and GolfNow.
SpaceX Shares Unlocked, Employees Eye Windfall
SpaceX shares unlock Thursday, putting thousands of stock options held by early employees in play for a potential massive windfall.
Traders on Kalshi now think it's likely that the S&P 500 will hit 8,000 in 2026
Kalshi traders now price a 2-in-3 chance the S&P 500 crosses 8,000 in 2026, reflecting the index's record-setting rally driven by easing US-Iran tensions, strong earnings, and the near-collapse of Leo
Why $370bn tech group Palantir pays 1.4 percent tax rate: Report
A CICTAR report finds $370bn AI firm Palantir paid zero US federal corporate income tax in 2025 and a 1.4% global effective rate, even as more than half its revenue comes from government contracts.
Alphabet seeking up to $25-billion in fresh debt to finance AI build-out
Alphabet is raising US$20–25 billion through a U.S. bond offering to fund its AI build-out, weeks after its 2026 capex outlook triggered a steep sell-off and its Q2 marked its first-ever negative free
Alphabet Plans $25B Bond Sale Amid AI Debt Fears
Alphabet Inc. is preparing a US investment-grade bond offering worth as much as $25 billion, a transaction that will gauge investor appetite for AI-sector debt just weeks after a July selloff in tech
Cramer's Trust Exits Honeywell Aerospace at 15% Loss
Jim Cramer's Charitable Trust is exiting its Honeywell Aerospace (HONA) position at the open, selling 320 shares near $172 for an approximately 15% loss after the newly spun-off company cut its full-y
AtkinsRéalis reports lower profit, revenue up 10%
AtkinsRéalis posted Q2 net income of $95.7-million, sharply below a year-ago quarter inflated by a one-time gain from selling its Highway 407 ETR stake, while adjusted EPS and revenue both climbed.
Fiserv Cuts Annual Profit Forecast, Shares Fall ~12%
Fiserv cut its annual profit forecast alongside its Q2 2026 earnings release, sending shares down nearly 12% as investors repriced the payments company.
Retail Piles Into SpaceX Despite Post-Earnings Crash
Retail investors scooped up SpaceX shares in record amounts during Wednesday's post-earnings selloff, extending an unbroken buying streak since the company's June 12 IPO debut.
911M SpaceX Shares Unlock, Doubling Public Float
More than 900 million SpaceX shares unlock Thursday, more than doubling the public float weeks after the company's record-breaking IPO, as the stock trades near all-time lows after a roughly 14% sell-
AI Stock Frenzy Crashes in Asia
Asian markets are experiencing extreme volatility in AI-related stocks, with sharp gains followed by steep losses, wiping out investor dreams of quick wealth as the tech hype cycle turns volatile.
Dow Hits Record on Iran Deal Hopes; SpaceX Drops 13.6%
A proposed US-Iran deal brokered with Oman—giving Tehran control of Strait of Hormuz shipping—sent the Dow to a record close on Wednesday, while SpaceX's 13.6% post-earnings plunge dragged the Nasdaq
Situational Awareness Plunges 67% in AI Selloff
Several prominent hedge funds took steep losses in July as AI shares tumbled, with the highly leveraged Situational Awareness plunging 67% and offloading most of its stock portfolio at a deep discount
Sandisk Beats Revenue Estimates, Shares Drop 8%
Sandisk forecast quarterly revenue above Wall Street estimates on surging AI data-center demand for memory chips, but shares fell nearly 8% in extended trading as the midpoint of profit guidance beat
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