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SpaceX shares fall after Starship test flight is called off before launch (SPCX)
SpaceX (NASDAQ:SPCX) shares declined around 4% in pre-market trading on Friday after the company halted the 13th test flight of its Starship rocket only minutes before its scheduled launch from Texas. Engine issue forces last-minute launch cancellation Chief Executive Elon Musk said the launch was automatically aborted after several of Starship’s engines failed to ignite…
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Netflix shares fall after weaker-than-expected third-quarter guidance disappoints investors (NFLX)
Netflix (NASDAQ:NFLX) shares dropped around 9% in pre-market trading on Friday after the streaming company issued third-quarter revenue and earnings guidance that came in below Wall Street forecasts, prompting renewed concerns about its near-term growth outlook. Third-quarter guidance falls short of expectations Netflix expects third-quarter earnings of $0.82 per share, below the analyst consensus of…
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Intuitive Surgical shares slide despite earnings beat as 2026 outlook underwhelms
Intuitive Surgical Inc. (NASDAQ:ISRG) shares fell sharply after the medical technology company released second-quarter results that topped Wall Street forecasts but issued a full-year procedure growth outlook that failed to meet investor expectations. The robotic surgery specialist reported adjusted earnings of $2.80 per share for the quarter, exceeding analyst estimates of $2.51 by $0.29. Revenue…
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Gold recovers slightly but remains on course for its weakest week since June
Gold prices moved modestly higher on Friday as investors returned to the market following the previous session’s sharp decline. Even so, the precious metal remained on track for its largest weekly loss since early June as escalating tensions between the United States and Iran continued to fuel inflation concerns. At 03:12 ET (07:12 GMT), spot…
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Oil prices hold steady but remain on course for strong weekly gains as U.S.-Iran conflict escalates
Oil prices traded modestly higher on Friday, with both major benchmarks set to record substantial weekly gains as escalating military action between the United States and Iran continued to raise concerns over potential supply disruptions in the Middle East. At 04:10 ET (08:10 GMT), Brent crude futures climbed 0.2% to $84.38 a barrel, while U.S.…
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U.S. futures weaken as Netflix guidance disappoints and Middle East tensions intensify: Dow Jones, S&P, Nasdaq, Wall Street
U.S. stock index futures traded lower on Friday as investors remained cautious about the outlook for artificial intelligence spending while monitoring renewed military escalation between the United States and Iran. By 02:57 ET (06:57 GMT), Dow Jones futures had fallen 336 points, or 0.6%, S&P 500 futures were down 66 points, or 0.9%, and Nasdaq…
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Nasdaq Tumbles 1.5% as Chip Stocks Slide on AI Spending Worries, Dow Holds Steady
Wall Street closed lower on Thursday as a renewed sell-off in semiconductor stocks dragged the Nasdaq Composite down sharply, even as strong earnings from healthcare names helped keep the Dow Jones Industrial Average close to flat. Investors spent the session digesting a wave of second-quarter earnings while growing more cautious about the pace and cost…
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Rubico Estimates Net Asset Value at $183.1 Million, Up 94% From Previous NAV (NASDAQ:RUBI)
Rubico announced a management estimate of its net asset value of $183.1 million as of June 30, 2026, driven by updated vessel valuations and representing a 94% increase from its previously reported NAV. Key Investor Takeaways Why RUBI Stock Is in Focus Rubico released a new management estimate placing its net asset value at $183.1…
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Galmed Develops Cardiac-Targeted Aramchol Formulation to Expand Cardiovascular Pipeline (NASDAQ:GLMD)
Galmed announced the development of a lipid nanoparticle formulation of Aramchol designed to target heart tissue, marking a potential expansion of the drug beyond its existing liver and gastrointestinal development programs. Key Investor Takeaways Why GLMD Stock Is in Focus Galmed announced a new lipid nanoparticle (LNP) formulation of its SCD1 inhibitor Aramchol that is…
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American Fusion Announces Texatron Fusion Engine Presentation at Fermilab Conference
American Fusion said Chief Technology Officer Dr. John Brandenburg will present the company’s Texatron Fusion Engine technology at a scientific conference hosted at Fermilab, outlining its development progress and future testing plans. Key Investor Takeaways Why AMFN Stock Is in Focus American Fusion announced that CTO Dr. John Brandenburg is scheduled to present the company’s…