24H｜Trilogy Metals Gains Another 3%; Tesla Rebounds 1%; IREN and Archer Aviation Drop 6%; Joby Sinks 8%

TigerOct 8, 2025 12:30 AM

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Trilogy Metals shares gained another 2.6% in overnight trading after soaring 211% on Tuesday. The White House said it would acquire a 10% stake in the Vancouver-based miner.

Tesla rolled out "affordable" versions of its best-selling Model Y SUV and its Model 3 sedan, but the starting prices of $39,990 and $36,990 were too high, some said, to attract a new class of buyers to the electric vehicle brand. Tesla shares closed down 4.5% on Tuesday, while rebounded 1.3% in overnight trading.

High-performance computing firm IREN stock slipped 5.7% in overnight trading after announcing a $875 million convertible debt offering.

Joby and Archer Aviation sank again in overnight trading. Tesla’s long awaited announcement failed to mention any collaboration with the eVTOL makers. Meanwhile, Joby Aviation announced Tuesday it intends to offer $500 million of its common stock in an underwritten offering.

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