CrowdStrike stock (NASDAQ: CRWD) looked like it had fallen off a cliff on Thursday, with the stock moving from roughly $773 at Wednesday’s close to about $193 on split-adjusted screens. The scary-looking drop was not a selloff, but a company’s scheduled 4-for-1 stock split taking effect. Investors who held one share now hold four, each
US stock futures slipped before Thursday’s jobs report, leaving Wall Street with a cautious tone after a weak session for technology shares. The rally that carried equities through the first half is not broken, but investors are becoming more selective as chip stocks lose momentum and the Federal Reserve stays data-dependent. Softer private hiring and
When markets move sharply, the problems that surface at prop firms are rarely the ones operators planned for. Risk models hold. Marketing conversion holds. Trader demand increases. What starts to buckle is the infrastructure, the systems handling onboarding, challenge evaluation, risk monitoring, payout processing, and trader support at once, at volumes that may be double
The Roundhill Memory ETF (DRAM) retreated for the second consecutive day as jitters in the memory industry accelerated. The fund, which has become a $24.3 billion behemoth, retreated to $62.45 in the pre-market, down by 22.75% from its highest point this year. Why the DRAM ETF is falling DRAM is a top ETF that gives
Shopify stock has rebounded in the past few weeks, moving from the year-to-date low of $94.47 to the current $121.63. This rebound may continue, helped by its modest revenue growth and encouraging technicals. Shopify stock jumps after crucial settlement Shopify, the operator of the biggest e-commerce software, soared after reaching a settlement with Shopline, a
Palantir Technologies PLTR shares extended their recent rally on Thursday after DA Davidson upgraded the software company to Buy, arguing that its role as an artificial intelligence orchestration platform is becoming increasingly valuable as enterprises seek flexibility in deploying AI models. The stock rose more than 4% in premarket trading, building on an 8% gain
AeroVironment Inc. (AVAV) shares rose 4% in premarket trading on Thursday after the US Department of War awarded the defense contractor a $500 million contract for counter-unmanned aerial systems. The Simi Valley, California-based company received a firm-fixed-price contract to procure commercial counter-unmanned aerial systems and counter small-unmanned aerial systems capabilities. According to the Department of
The US economy added just 57,000 jobs in June, well below economists’ expectations, in a sign that the labor market is losing momentum even as the unemployment rate unexpectedly declined a notch. Data released by the Labor Department on Thursday showed nonfarm payrolls increased by 57,000 in June, less than half the 115,000 jobs forecast
Bitget has published CEO Gracy Chen’s mid-year address, outlining the company’s long-term vision for a more connected financial system powered by tokenization, artificial intelligence, and universal market access. The leadership’s insights come as trading behavior continues to evolve beyond crypto alone. During the first half of 2026, the platform witnessed a shift: about 52% of
US stocks moved higher on Thursday after a weaker-than-expected June employment report tempered expectations for further Federal Reserve interest rate hikes, while investors continued to assess the outlook for inflation and economic growth. The Dow Jones Industrial Average gained 256 points, or 0.49%. The S&P 500 rose 0.39%, while Nasdaq Composite added 0.24%. The closely