The latest from the 24/7 Wall St. homepage feed — newest first.
Graf Industrial II registers a $220 million NYSE IPO at $10 a share
Graf Industrial Corp. II filed its S-1 for a $220 million NYSE listing, 22 million shares at the standard $10 unit price, with Lucid Capital Markets running the book. Terms and a trading date come next, so the S-1 is the first look investors get at the sponsor's target.
Nearly 20 points separated the best and worst names at Friday's close: Iren gave up 12.72% while Workday added 6.38%. Three losers dropped more than 10% in a single session, a reset worth checking before Monday.
Down 8% to $79.20 from an $86.13 open, a single-session reset that lops roughly $2 billion off a $22.9 billion market cap. Whether the $86 level gets reclaimed is the next thing to watch.
Growth names took the harder hit into the weekend, with the Nasdaq down 0.50% while the S&P 500 held up better. That gap is the market repricing a September Fed hike that was unthinkable a month ago.
Electra Therapeutics files S-1 for a Nasdaq IPO under ETRA
Electra Therapeutics filed its S-1 to list on Nasdaq, with Jefferies, TD Cowen, Evercore ISI and Cantor running the book. Terms and deal size are not set yet, so the pricing amendment is the next thing to watch.
Seventy-nine companies report next week, and Tuesday morning does the heavy lifting: NIO and Medtronic both deliver before the open, one a read on Chinese EV demand, the other on medtech spending. Monday starts quieter with SAIC and a run of small-cap international names.
Vistance Networks leads today's payments with $1.15 billion going to shareholders. T-Mobile is close behind, with eBay, Columbia Banking System and Mechanics Bancorp rounding out the list.
Paris did the heavy lifting again, with the CAC 40 up 1.08% while London managed just 0.19%. Investors parked only in UK large caps keep watching the continent outrun them.
A 6.4% slide to $507.17 is the sharpest single-session reset this beauty retailer has seen in a while, landing the morning after its Q2 earnings filing hit EDGAR. Holders are now trading the reaction rather than the results.
Amaero files S-1 for Nasdaq IPO under AMRO
A pure-play bet on US-made titanium powder for aerospace and defense is heading to public markets: Amaero filed its S-1 to list on Nasdaq under AMRO, with Stifel, Baird and Lake Street running the deal. Terms and deal size are still blank, so the price range in the next amendment is the number to wait for.
Hong Kong erased an opening dip to finish 0.30% higher, while Shanghai closed 0.11% lower. The two China gauges are pulling apart, and offshore money is picking Hong Kong.
London opens flat while Frankfurt gets the momentum, with the DAX up 0.44% out of the gate. Europe's leadership is sitting on the continent this morning.
Hong Kong starts the Asian session 0.35% below its previous close, setting a soft tone for anyone with China exposure before Europe and the US wake up. Mainland shares open flat at 3,956.57 on the SSE Composite.
Solana's 6.94% jump to $109.18 puts it back above $100 for the first time since February, its second straight leg higher off the June lows. Anyone who wrote this one off in the spring is now looking at a different setup.
Tokyo opens with the Nikkei 225 at 66,131.98, holding right at its prior close as traders wait on the Bank of Japan's next rate move. Any yen swing today lands straight on Japan exporters.
Five years ago $10,000 split between these two enterprise software rivals: Microsoft turned it into $17,527, while Salesforce handed back $9,598, still under water. A near $8,000 gap from the same starting line.
A 20% bump to $0.48 a quarter signals management sees travel cash flow holding up. The 0.7% yield stays thin, so the payout growth rate is the part income investors should track.
Rubrik closed at a 52-week high of $107.02, hours after filing its Q2 2027 earnings report. Buyers are setting the price with the results now public.
iQIYI just set a fresh 52-week low at $0.92, deep into sub-$1 territory. The whole company is now worth $488 million.
A new 52-week low at $260.06 puts McDonald's 1.04% under its July 23 floor. Six months of lower highs, and the stock has not found a base yet.
Box just set a fresh 52-week high at $34.74, 3.27% above the peak it made on August 13. The $4.8 billion cloud name is making new highs heading into its next earnings report.
Fortinet closed at $172.78, a fresh 52-week high and 2.67% above the peak it set on August 4. The $126.8 billion cybersecurity name now has no overhead resistance from the past year left to clear.