Needham reiterated its Buy rating and $55 price target on Figure Technology after the company reported June and Q2 loan volumes that significantly surpassed analyst and company forecasts.
Oracle shares declined as investors reacted to a credit rating downgrade from S&P Global, which cited heavy AI-related spending, while the stock also traded ex-dividend and faced new regulatory scrutiny in the UK.
Options trading volume for On Holding (ONON) surged on Friday, with bullish call options heavily outweighing puts as the company's stock price climbed more than 5%.
The U.S. Federal Aviation Administration will extend flight limitations at Chicago O'Hare International Airport for another year, a move designed to prevent delays and manage congestion at the major hub for United and American Airlines.
The pan-European STOXX 600 index fell 1.8% for the week, ending a four-week run of gains as a rotation out of technology shares and renewed U.S.-Iran tensions weighed on investor sentiment.
Significant developments in the artificial intelligence sector, including a major chip deal between Apple and Broadcom and a new model release from Meta, fueled key stock moves this week, while memory giant SK Hynix completed its U.S. market debut.
Sweden's benchmark stock index ended Friday's session in negative territory, weighed down by losses in the oil, healthcare, and telecom sectors. SAAB and AstraZeneca were among the day's biggest laggards.
The OMX Helsinki 25 index gained 0.10% at Friday's close, buoyed by gains in basic materials stocks like SSAB, while a more than 3% drop in Nokia's share price limited the benchmark's advance.
Shares of Micron Technology fell on Friday, pressured by the massive Nasdaq debut of high-bandwidth memory competitor SK Hynix and profit-taking after a recent rally.
