Gemini (GEMI) stock fell 5% after Citi issued a Sell rating with a $5.50 target, projecting losses through 2029 and declining user downloads.
Amazon (AMZN) CEO Andy Jassy doubles AWS revenue target to $600B, citing AI momentum, though implied growth trails current pace. Stock up modestly.
Jabil (JBL) stock gains after Q2 earnings surpass expectations with $2.69 EPS and $8.3B revenue. Company raises FY2026 guidance to $34B on cloud demand.
Apple (AAPL) stock sees modest gains as Tim Cook visits China and the tech giant reduces App Store fees to 25%, responding to regulatory pressure.
JPMorgan names Shell, Eni, TotalEnergies, and Galp as top oil stocks as Brent crude surges past $100 amid Iran conflict and Strait of Hormuz disruptions.
SoFi (SOFI) stock dropped 4% after Muddy Waters announced a short position, claiming inflated earnings. CEO Noto bought $500K worth of shares in response.
TotalEnergies (TTE) stock rises as TD Cowen upgrades to Buy with $97 target and Piper Sandler increases price target to $92 on strong cash flow outlook.
Ondas (ONDS) stock surged 7% after purchasing INDO Earth Moving, securing a $140M military contract for heavy engineering vehicles starting Q2 2026.
Cango (CANG) suffered a $452.8M loss in its first year mining Bitcoin. The company is now pivoting to AI as EcoHash after selling $305M in BTC.
Gold holds near $5,000 ahead of Fed meeting. Markets expect no rate change, but Powell’s guidance on future cuts could determine gold’s next move.