13h ago
AMC shares fall 6.35% to $1.77 after $200 million registered direct offering adds 95,250,000 shares
AMC Entertainment shares fell 6.35% to $1.77 on Monday after the company completed a $200 million registered direct offering that issued 95,250,000 common shares. The company said the proceeds will be used primarily to redeem $125,471,000 of its 6.125% Senior Subordinated Notes due 2027, leaving it with no anticipated material debt principal repayments until calendar year 2029. Technically, the stock has dropped below its 20-day, 50-day and 200-day moving averages and is only slightly above its 100-day level, keeping near-term pressure elevated.
13h ago
20h ago
IREN shares climb 6.08% to $41.18 after Anthropic data-center tender report
IREN shares rose 6.08% to $41.18 on Monday after The Australian Financial Review reported that AI company Anthropic has launched a confidential tender for a 1.4GW Australian data-center project valued at $12 billion to $15 billion. IREN was listed on a shortlist alongside peers including CDC and AirTrunk. Anthropic is targeting at least 1GW of operational capacity by the end of 2027 and may split the work across multiple providers. The report eased earlier concerns weighing on AI-focused crypto miners and was viewed as a clearer, company-specific catalyst tied to AI infrastructure orders.
20h ago
20h ago
Kosmos Energy shares rise 5.31% premarket to $2.18 as Ghana output climbs and net debt falls to $2.56 billion
Kosmos Energy shares rose 5.31% to $2.18 in premarket trading on Monday. The company said the J76 well at Ghana’s Jubilee field has started producing about 20,000 barrels of oil per day, with additional wells set to lift gross field output to around 90,000 bopd. It also reported stronger shipments from its LNG project and said net debt fell to about $2.56 billion, down more than $400 million from year-end 2025.
20h ago
1d ago
KOSPI slides over 3.5% as foreign selling extends to an 11th session ahead of Samsung’s AI-driven Q2 earnings
South Korea’s KOSPI fell more than 3.5% in a single session as foreign investors logged a record 11th straight day of net selling, bringing cumulative sales to $116 billion. Markets are closely watching Samsung Electronics’ upcoming AI-driven Q2 results. If earnings fail to match AI hype expectations, it could spark sharp volatility in related tech-heavy markets such as Japan and Taiwan.
1d ago
1d ago
Gary Black links Tesla’s Q2 delivery beat to $3.86-a-gallon gas spike tied to Iran conflict
Investor Gary Black wrote on X that U.S. gasoline prices climbed to $3.86 per gallon over the July 4th weekend from $2.98 per gallon before the Iran war. He said OPEC+ had pledged output increases but argued the actual boost was limited, with uncertainty also surrounding control of the Strait of Hormuz. Based on that, Black suggested Tesla’s better-than-expected Q2 deliveries were helped by a short-term jump in EV demand as fuel costs rose, and he said he expects TSLA to rebound. The post did not cite official delivery figures or provide third-party verification.
1d ago
7-3
Bitcoin, Ethereum, XRP and Dogecoin jump after June payrolls rise 57,000, cooling Fed hike expectations
U.S. nonfarm payrolls rose by just 57,000 in June, well below the 110,000 forecast, while the jobless rate edged down to 4.2%. Markets responded by cutting the probability that the Federal Reserve will keep rates unchanged in September to 45%. Major U.S. stock indexes rose, with the Dow finishing at a record 52,900.07, the S&P 500 slightly higher and the Nasdaq modestly lower. The data shift directly reset rate expectations and served as a near-term trading catalyst for equity benchmarks.
7-3
7-2
Peter Schiff says Michael Saylor has ‘run out’ of investors willing to overpay for MicroStrategy stock
Peter Schiff argued that MicroStrategy (Strategy) has hit a dead end in its Bitcoin accumulation playbook, warning it is sliding into a “death spiral.” He said the “digital gold” narrative around Bitcoin has misled investors and weighed on gold’s performance by diverting inflation-hedge demand. Schiff predicted a Bitcoin collapse would unwind that misconception and push money back toward gold. He added that with real rates staying negative, he expects gold to base at $4,000 and challenge $6,000 next year.
7-2
7-2
KOSPI drops 7.89% as SK Hynix slides 10.23% and Samsung Electronics falls 8.03% amid chip selloff
A steep selloff in U.S. semiconductor stocks late Wednesday rippled into Asian markets. South Korea’s KOSPI sank 7.89% on Thursday, its biggest one-day drop this year, while SK Hynix fell 10.23% and Samsung Electronics slid 8.03%. South Korea-focused ETFs also dropped, with EWY down 8.12% and another 8.64% in extended trading, alongside declines in FLKR and KORU. The moves reflected real-time cross-market transmission rather than routine recap or forward-looking commentary.
7-2