Netflix and Intel shares fell Friday amid reports of new business strategies and broader semiconductor weakness. Elsewhere, corporate earnings and analyst ratings fueled significant volatility in individual stocks like WD-40 and Weyerhaeuser.
Options data suggests shares of The Travelers Companies, Inc. could swing by 3.2% following its upcoming earnings report. Historical data shows a mixed record of options accurately predicting the stock's actual post-earnings volatility.
Shares of the cryptocurrency exchange gained over 4% in pre-market trading, driven by a new 'Buy' rating from US Tiger Securities and reports that the U.S. government is considering a strategic Bitcoin reserve.
Investors poured nearly $25 billion into U.S. stock funds in the week ending July 8, the largest inflow in three weeks, driven by strong expectations for technology sector earnings, according to LSEG Lipper data.
Shares of the French pharmaceutical giant fell as a widely anticipated U.S. drug approval was overshadowed by an ongoing EU antitrust probe and investor caution ahead of quarterly earnings.
Energy Fuels (UUUU) shares rose after SEC filings showed its CEO and Chairman made significant open-market stock purchases. The buying comes as the company advances a major acquisition to build a U.S.-based rare earths supply chain.
Samos Energy Acquisition Corporation, a special purpose acquisition company, has priced its initial public offering of 20 million units at $10 each, raising $200 million. The SPAC will target operational international energy assets for a future business combination.
Wall Street saw a mixed start on Friday, with the Dow and S&P 500 posting modest gains while the Nasdaq slipped. Investors are balancing anticipation for the Nasdaq debut of chipmaker SK Hynix against rising inflation concerns fueled by Middle East tensions.
Shares of WD-40 Company surged to a new 52-week high after the company reported fiscal third-quarter earnings that significantly beat analyst expectations and raised its full-year financial guidance.
