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Wolfspeed Soared Again Today -- Is the Stock a Buy?
Key PointsWolfspeed stock skyrocketed yesterday after the company announced its next CFO, and the rally continued today. The silicon carbide specialist is moving forward with a Chapter 11 bankruptcy and restructuring that could leave current shareholders with very little value. Wolfspeed stock could...
The Motley Fool
Tue, Jul 8
Stock Market Today: Nvidia Edges Higher on AI Demand, Hitting a New All-Time High
Nvidia (NASDAQ: NVDA) shares climbed 1.1% to close at $160 today, bucking the cautious sentiment that weighed on major indices. The technology-heavy Nasdaq Composite gained just 0.03% and growth-focused S&P 500 retreated 0.07% amid concerns about tariffs, lingering inflation worries, and mixed econo...
The Motley Fool
Tue, Jul 8
GLOBAL MARKETS-Stocks slip, US copper jumps as Trump plans tariff on imported copper
Trump plans to impose 50% tariff on imported copper Aussie dollar rises as RBA keeps rates on holdUS Treasury yields up with eyes on tariff newsBy Caroline Valetkevitch NEW YORK, July 8 (Reuters) - Major stock indexes mostly inched lower and U.S. copper prices jumped to a record high on Tuesday a...
Reuters
Tue, Jul 8
Confluence Loads Up on 182,305 NDSN Shares in Q2 2025
Key PointsConfluence Investment Management added 182,305 shares worth $37.93 million to its holdings.Confluence's post-trade position now totals 336,090 shares valued at $72.05 million.Nordson now accounts for 1.02% of the fund’s holdings (526 equity positions).These 10 stocks could mint the next wa...
The Motley Fool
Tue, Jul 8
Stock Market Today: PROK Soars 515% on Surging Volume Amid Clinical Trial Buzz
Key PointsProKidney announced results of a Phase 2 clinical trial.The stock, which was less than $1 per share, skyrocketed on the announcement.These 10 stocks could mint the next wave of millionaires › ProKidney (NASDAQ: PROK) shares closed at $3.73, rising 515% today while the S&P 500 fell 0.1% and...
The Motley Fool
Tue, Jul 8
TRADING DAY-No tariff clarity, or market movement
July 8 - TRADING DAY - Making sense of the forces driving global markets By Alden Bentley, Editor in Charge, Americas Finance and Markets Jamie is enjoying some well-deserved time off, but the Reuters markets team will still keep you up to date on what markets were focused on today and wh...
Reuters
Tue, Jul 8
Stock Market Today: Lucid Jumps 9% Higher as EV Sector Regains Momentum
Lucid Group (NASDAQ: LCID) shares closed at $2.30, rising 9% in today's session while the S&P 500 and Dow Jones Industrial Average both posted mild declines of 0.07% and 0.37%, respectively.The luxury electric vehicle (EV) manufacturer saw heightened trading activity with approximately 205 million s...
The Motley Fool
Tue, Jul 8
RxSight tumbles as company cuts 2025 sales forecast
** Shares of ophthalmic medical device company RxSight RXST.O fall 33% to $8.55 in extended trading** RXST cut its 2025 sales forecast to the range of $120 million to $130 million, vs prior expectation of $160 million to $175 million ** Analysts, on average, expect 2025 sales to reach $167.6 mil...
Reuters
Tue, Jul 8
Cogent Biosciences falls on $150 mln stock offering launch
** Shares of Cogent Biosciences COGT.O down 4.9% in extended trading to $9.30 as co seeks equity raise ** Waltham, Massachusetts -based firm commences $150 mln share offering ** Co plans to use net proceeds for continued development, regulatory and commercial preparation activities rela...
Reuters
Tue, Jul 8
Why Rocket Lab Stock Skyrocketed 33.5% Last Month and Has Kept Surging in July
Key PointsA combination of bullish catalysts helped Rocket Lab stock reach a new record high in June. Rocket Lab landed a new deal with the European Space Agency and successfully completed two new rocket launches.Rocket Lab stock has risen even higher in July's trading thanks to analyst coverage and...
The Motley Fool
Tue, Jul 8
AES rises after report suggesting potential sale amid takeover interest from major investment firms
** Shares of renewable power provider AES AES.N rise 12.9% to $12.60 in extended trading ** AES is exploring options, including a potential sale, amid takeover interest from large investment firms, Bloomberg News reported** Major private equity and infrastructure investors are studying AES after its...
Reuters
Tue, Jul 8
Aehr Test Systems reports results for the quarter ended May 31 - Earnings Summary
Aehr Test Systems AEHR.OQ reported a quarterly adjusted loss of 1 cent per share for the quarter ended May 31, lower than the same quarter last year, when the company reported EPS of 84 cents. The mean expectation of two analysts for the quarter was for a loss of one cent per share. Wall Street e...
Reuters
Tue, Jul 8
Kura Sushi USA Inc reports results for the quarter ended May 31 - Earnings Summary
Kura Sushi USA Inc KRUS.OQ reported quarterly adjusted earnings of 5 cents per share for the quarter ended May 31, higher than the same quarter last year, when the company reported breakeven earnings per share. The mean expectation of ten analysts for the quarter was for a loss of one cent per sh...
Reuters
Tue, Jul 8
Penguin Solutions Inc reports results for the quarter ended May 31 - Earnings Summary
Penguin Solutions Inc PENG.OQ reported quarterly adjusted earnings of 47 cents per share for the quarter ended May 31, higher than the same quarter last year, when the company reported EPS of 37 cents. The mean expectation of eight analysts for the quarter was for earnings of 32 cents per share. ...
Reuters
Tue, Jul 8
Consumer goods firm Grove Collaborative surges after $100 million stock sale
** Shares of consumer goods firm Grove Collaborative Holdings GROV.N jump ~15% to $1.3499 after the bell** Company plans to sell up to $100 million in stock to Yorkville, a hedge fund operator, over time through a standby equity purchase agreement (SEPA) ** GROV amends SEPA and extends commitment pe...
Reuters
Tue, Jul 8
Why Quantum Computing Stock Skyrocketed 69.3% in June -- and What Comes Next?
Key PointsQuantum Computing stock saw massive gains in June amid swelling excitement surrounding its technologies. Signs that the Federal Reserve was warming up to delivering an interest rate cut in July also helped power huge gains. Quantum Computing stock will likely be volatile in the near term, ...
The Motley Fool
Tue, Jul 8
CANADA STOCKS-TSX falls for second day as metal mining shares slide
TSX ends down 0.4% at 26,903.57Materials group falls 3.5% as gold price declinesTech loses 0.9% with Shopify down 3.4%Energy adds 2.1% as oil settles 0.6% higherBy Fergal Smith July 8 (Reuters) - Canada's main stock index fell on Tuesday for a second straight day as a drop in gold prices weig...
Reuters
Tue, Jul 8
US STOCKS-Wall St stocks edge lower as investors look for tariff clarity
Indexes: Dow off 0.37%, S&P 500 falls 0.07%, Nasdaq up 0.03%Tesla stock rises after steep losses in previous sessionMinutes of Fed June rate meeting due on WednesdaySolar stocks fall as Trump seeks to end tax credits By Sinéad Carew, Pranav Kashyap July 8 (Reuters) - The S&P 500 ended ...
Reuters
Tue, Jul 8
Why Micron Rallied Today
Key PointsSamsung's second-quarter update disappointed, as did its commentary on its new HBM memory chips. Samsung's struggles could open up a further opportunity for Micron to take share in HBM, which is critical to today's artificial intelligence (AI) systems. 10 stocks we like better than Micron ...
The Motley Fool
Tue, Jul 8
Mobileye slips as Intel to slice stake
** Shares of autonomous driving tech firm Mobileye MBLY.O down 3.4% to $18 post-market after news of secondary offering, stock repurchase** Israeli-based firm commences offering of 45 mln Class A shares being offloaded by Intel Overseas Funding Corp, wholly owned subsidiary of chipmaker Intel INTC.O...
Reuters
Tue, Jul 8
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