Netflix (NFLX) stock surged 4.7% Thursday after Bill Ackman’s Pershing Square disclosed a 4.9% stake, citing attractive valuation and growth potential.
Cisco and Cerebras fell on margin concerns, S&P 500 reached record highs on cooling inflation, oil dropped 2%, and Ackman re-entered Netflix after 2022 loss.
Databricks raises $5B at $190B valuation, up 42% in six months, driven by AI agent demand. Revenue run rate exceeds $7B with 80% YoY growth.
AMD stock gained Thursday after announcing plans to raise up to $5 billion through a four-tranche bond offering to fund AI expansion and refinance existing debt.
SanDisk (SNDK) stock climbed 15% after announcing mid-to-high-teen revenue growth targets and long-term supply deals at its 2026 Investor Day.
IREN (IREN) Stock Surges 6% as Microsoft Approves Initial Phase of Massive $9.7B Partnership
IREN stock jumps 6% to $46 after Microsoft accepts Horizon 1, marking the first completed phase of their $9.7 billion AI data center agreement.
Wolfe Research Elevates Biogen (BIIB) and AbbVie (ABBV) to Outperform — Should You Invest?
Wolfe Research upgrades Biogen and AbbVie to Outperform with $300 price targets. Analysis of pipeline assets, patent protection, and Q2 results.
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View MoreMichael Burry expanded his Nebius short position after the stock jumped 34% on Q2 earnings. His thesis centers on chip depreciation accounting, not demand.
Stocks & Shares News
View MoreNetflix (NFLX) stock surged 4.7% Thursday after Bill Ackman’s Pershing Square disclosed a 4.9% stake, citing attractive valuation and growth potential.
Cisco and Cerebras fell on margin concerns, S&P 500 reached record highs on cooling inflation, oil dropped 2%, and Ackman re-entered Netflix after 2022 loss.
Databricks raises $5B at $190B valuation, up 42% in six months, driven by AI agent demand. Revenue run rate exceeds $7B with 80% YoY growth.
AMD stock gained Thursday after announcing plans to raise up to $5 billion through a four-tranche bond offering to fund AI expansion and refinance existing debt.
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Crypto arbitrage still gets framed in the simplest possible way. Buy Bitcoin on one exchange where it trades slightly lower, move it somewhere else, then sell…
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