Stock Update
Viking Therapeutics plunges more than 40% – but Wall Street calls selloff ‘extreme and unwarranted’
Viking Therapeutics (VKTX) stock plunged over 40% despite strong obesity drug trial results, with analysts calling the selloff extreme and unwarranted.
Read more about Viking Therapeutics plunges more than 40% – but Wall Street calls selloff ‘extreme and unwarranted’
Hertz stock surges on Amazon deal – but then sinks as Congress looks into AI damage scanners
Hertz Global (HTZ) stock jumped on an Amazon (AMZN) deal but quickly sank as Congress probed its AI damage scanners and customer service complaints.
Read more about Hertz stock surges on Amazon deal – but then sinks as Congress looks into AI damage scanners
Nio’s early bet on battery swaps looks smarter than ever
Nio (NIO) stock is gaining momentum as its battery swap strategy and affordable EV brands drive strong demand in China’s booming electric vehicle market.
Read more about Nio’s early bet on battery swaps looks smarter than ever
Hims eyes “biggest quarter of all time,” but skeptics remain unconvinced
Hims & Hers (HIMS) stock eyes a record-breaking quarter despite regulatory scrutiny, analyst downgrades, and fallout from its Novo Nordisk partnership collapse.
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Honda is entering the AV sector with help from AI software startup
Honda Motor Co. (HMC) stock gains attention as the automaker partners with AI startup Helm.ai to advance self-driving technology and expand its autonomous vehicle lineup.
Read more about Honda is entering the AV sector with help from AI software startup
Beyond changes name back to Bed Bath & Beyond – but its comeback plans won’t include California
Bed Bath & Beyond (BBBY) stock slides after the retailer drops its “Beyond” rebrand, revives its iconic name, and unveils comeback plans excluding California stores.
Read more about Beyond changes name back to Bed Bath & Beyond – but its comeback plans won’t include California
FedEx stock becomes the canary in the coal mine for global trade
Apollo says falling FedEX stock signal a downturn in global commerce as tariffs and weak demand ripple through the economy
Read more about FedEx stock becomes the canary in the coal mine for global trade
OpenAI’s $500 billion benchmark puts Palantir’s sky-high valuation on trial
After a 442% rally in 12 months, Palantir has become the S&P 500’s top performer. Citron says the surge is unsustainable, with OpenAI exposing just how overvalued it is.
Read more about OpenAI’s $500 billion benchmark puts Palantir’s sky-high valuation on trial
Big banks rebel against “punitive” crypto rules
Global finance lobbyists are urging regulators to pause 2026 crypto rules, arguing the framework is already outdated
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Opendoor Technologies (OPEN) stock could rally 2,165% this year, says one hedge fund manager
Once facing Nasdaq delisting, OPEN turned into a meme-stock darling with a 10x surge and a CEO shake-up fueling retail frenzy.
Read more about Opendoor Technologies (OPEN) stock could rally 2,165% this year, says one hedge fund manager
'It will never become a viable commercial operation’—Kerrisdale Capital shorts Aurora Innovation (AUR)
At the heart of Kerrisdale’s thesis is the belief that AUR stock's much-hyped hub-and-spoke model doesn’t stack up.
Read more about 'It will never become a viable commercial operation’—Kerrisdale Capital shorts Aurora Innovation (AUR)
Mom-and-pop traders are driving the biggest tech boom since dot-com
Retail traders are pouring billions into Big Tech daily, driving the 2025 stock boom even as valuations stretch beyond dot-com bubble levels
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Trump's Big Pharma ultimatum could make GoodRx (GDRK) multi-bagger
With Trump vowing to crush high drug costs, GoodRx’s direct-to-consumer strategy is suddenly looking like the winning bet
Read more about Trump's Big Pharma ultimatum could make GoodRx (GDRK) multi-bagger
$67M price tag on ‘stolen election’ lies. Newsmax (NMAX) finally folds
The right-wing network will pay Dominion $67 million through 2027, closing the books on a lawsuit over airing baseless claims of election fraud.
Read more about $67M price tag on ‘stolen election’ lies. Newsmax (NMAX) finally folds
North Dakota becomes Silicon Valley’s 'AI infrastructure hub' with Applied Digital’s $3B bet
A $3 billion “AI Factory” near Fargo will double Applied Digital’s footprint and cement North Dakota as one of the fastest-growing hubs for hyperscaler infrastructure
Read more about North Dakota becomes Silicon Valley’s 'AI infrastructure hub' with Applied Digital’s $3B bet
Wall Street legends are quietly buying UnitedHealth (UNH) stock — here’s why
UnitedHealth surged 12% after Wall Street heavyweights revealed billion-dollar bets, with some analysts now eyeing a return to $600
Read more about Wall Street legends are quietly buying UnitedHealth (UNH) stock — here’s why
‘We devolve further into communism’: Trump’s reported interest in Intel stake sparks backlash
“Every single day, we devolve further into communism,” Spencer Hakimian of Tolou Capital Management posted in all caps after the reports broke.
Read more about ‘We devolve further into communism’: Trump’s reported interest in Intel stake sparks backlash
Here's why Red Cat (RCAT) stock crashed today
RCAT stock plunged despite the Trump administration's push to revive U.S. drone manufacturing
Read more about Here's why Red Cat (RCAT) stock crashed today
