Shares of satellite communications company EchoStar (NASDAQGS:SATS) jumped 48.2% in the afternoon session after reports revealed that President Donald Trump wants the company to resolve its dispute with the Federal Communications Commission (FCC) over its spectrum licenses. This development is important for EchoStar, as it grapples with financial difficulties. Contributing to its troubles is the FCC's investigation into whether the company has been fulfilling its spectrum usage obligations.
Shares of beauty products company Coty (NYSE:COTY) jumped 7% in the afternoon session after WWD (Women's Wear Daily) reported that the company is exploring a potential sale. Sources suggested the company was in the very early stages of discussions to potentially sell off its business in two parts, separating its luxury division from its consumer division. This report raised investor optimism about a potential valuation increase for Coty.
Shares of online dating app Bumble (NASDAQ:BMBL)
jumped 5% in the morning session after the major indices rebounded (Nasdaq +1.5%, S&P 500 +1.0%) as reports pointed to easing tensions between Israel and Iran. The Wall Street Journal said senior Iranian officials had signaled a willingness to restart stalled nuclear talks, on the condition that Washington refrain from joining Israel's ongoing strikes.
This development triggered a significant decline in oil prices, easing inflation concerns.
Also, it is possible some investors were buying the dip following the sell-off at the end of the previous week.
Shares of financial services company Robinhood (NASDAQ:HOOD)
jumped 5.2% in the morning session after the major indices rebounded (Nasdaq +1.5%, S&P 500 +1.0%) as reports pointed to easing tensions between Israel and Iran. The Wall Street Journal said senior Iranian officials had signaled a willingness to restart stalled nuclear talks, on the condition that Washington refrain from joining Israel's ongoing strikes.
Microsoft enhanced its European cloud offerings with advanced data control, sovereignty, and privacy tools, ensuring local data processing, stricter access oversight, and customer-managed encryption.
Analysts said the Helios rack will play a key role in driving growth for AMD’s Instinct GPUs, which power AI and high-performance computing workloads, and could accelerate the company’s broader recovery.
Shares of streaming TV platform Roku (NASDAQ: ROKU)
jumped 8.2% in the afternoon session after the company announced an exclusive partnership with Amazon Ads, creating what they describe as the "largest authenticated Connected TV (CTV) footprint in the U.S.". This partnership is expected to give advertisers access to a combined audience of 80 million connected-TV households through Amazon's ad-buying system. The deal is also expected to improve Roku's advertising revenue and strengthen its competitive position in the streaming and connected TV market.
Alphabet Inc's (NASDAQ: GOOGL) (NASDAQ: GOOG) Google is planning to end its business relationship with Scale AI after its rival, Meta Platforms Inc (NASDAQ: META), acquired a 49% stake in the AI data-labeling startup.
A company that generates cash isn’t automatically a winner.
Some businesses stockpile cash but fail to reinvest wisely, limiting their ability to expand.
The Nasdaq 100 (^NDX) is home to some of the biggest success stories in tech and growth investing.
However, certain stocks in the index face challenges like profitability concerns, rising costs, or shifts in market trends.
