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Trump executive order accelerates psychedelic drug approvals. AtaiBeckley surges 28%, Compass Pathways up 26% as FDA review times cut to 1-2 months.
Vertical Aerospace (EVTL) stock declined 10.48% after finalizing an $850M financing deal with Mudrick and Yorkville, sparking dilution concerns among investors.
Morgan Stanley upgrades Intel price target but favors Micron and Sandisk for AI chip exposure. Wells Fargo raises Sandisk target to $975 after Nasdaq 100 add.
Cleveland-Cliffs (CLF) stock slipped 1% after Q1 earnings missed EPS estimates by $0.03, even as revenue of $4.92B and EBITDA of $95M topped forecasts.
Fermi (FRMI) stock fell 20% to $5.27 after CEO and CFO exits. Company launches ‘Fermi 2.0’ restructuring. Evercore maintains $20 target.
Stock futures tumbled Monday as US-Iran tensions over the Strait of Hormuz escalated, pushing oil up 5% and threatening the market’s recent record rally.
Latest News
View MoreUSA Rare Earth (USAR) stock climbs 8.25% after announcing $2.8B acquisition of Serra Verde Group, targeting 50%+ of non-China heavy rare earths by 2027.
Lululemon (LULU) debuts Mexican e-commerce platform and plans eight FY26 store openings, targeting 30+ locations as part of North America growth strategy.
American Airlines (AAL) rejected United’s merger offer citing competition concerns as oil prices surged 6%, sending airline stocks lower in premarket trading.
QXO stock gains 3% on $17B TopBuild acquisition deal. The transaction offers 23% premium and creates second-largest building products distributor.
Sandisk (SNDK) declined 1.6% on its Nasdaq 100 debut after a 12% pre-announcement surge. Wells Fargo raised its price target to $975 from $675.
AST SpaceMobile (ASTS) stock plunges 14% after Blue Origin’s New Glenn rocket places BlueBird 7 satellite in wrong orbit. Scotiabank sees 52% downside risk.
Gold tumbled nearly 2% Monday as Strait of Hormuz tensions sent oil surging 7%, stoking inflation fears and strengthening the dollar amid stalled Iran talks.
SK Hynix stock jumped 3.4% after launching mass production of 192GB SOCAMM2 memory modules for Nvidia’s Vera Rubin AI platform set to ship in 2026.
Bernstein’s 5-year AI forecast: cloud infrastructure wins as software evolves around AI control planes. Legacy systems face pressure but industry isn’t dying.
Critical Metals (CRML) gets Greenland’s nod to acquire 92.5% of Tanbreez rare earth project. $120M EXIM backing secured, pilot plant set for May 2026.
TLDR: Bitcoin pierced $126,200 resistance on Friday and Saturday but failed to hold, signaling a…
Marvell (MRVL) stock jumped 6.3% premarket on news of Google partnership to develop AI chips including a memory processing unit and inference TPU.
Finance News
View MoreNetflix (NFLX) stock dropped 10% on weak Q2 guidance and Reed Hastings’ board exit. Cathie Wood bought the dip while Morgan Stanley holds $115 price target.
Trump executive order accelerates psychedelic drug approvals. AtaiBeckley surges 28%, Compass Pathways up 26% as FDA review times cut to 1-2 months.
Vertical Aerospace (EVTL) stock declined 10.48% after finalizing an $850M financing deal with Mudrick and Yorkville, sparking dilution concerns among investors.
Morgan Stanley upgrades Intel price target but favors Micron and Sandisk for AI chip exposure. Wells Fargo raises Sandisk target to $975 after Nasdaq 100 add.
Cleveland-Cliffs (CLF) stock slipped 1% after Q1 earnings missed EPS estimates by $0.03, even as revenue of $4.92B and EBITDA of $95M topped forecasts.
Fermi (FRMI) stock fell 20% to $5.27 after CEO and CFO exits. Company launches ‘Fermi 2.0’ restructuring. Evercore maintains $20 target.
Stock futures tumbled Monday as US-Iran tensions over the Strait of Hormuz escalated, pushing oil up 5% and threatening the market’s recent record rally.
D-Wave Quantum (QBTS) stock jumped 52% after Nvidia unveiled quantum AI models, reigniting interest in the quantum computing sector. Details inside.
Merck (MRK) stock climbed 3% after FDA granted priority review for KEYTRUDA bladder cancer treatment combination, with decision expected August 17, 2026.
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