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Why Did VALN Stock Surge 24% Today?
Stocktwits2d agobullish
Why Did VALN Stock Surge 24% Today?

The European Medicines Agency validated the marketing authorization application for Valneva’s Lyme disease vaccine, which it developed with Pfizer

Online forum Reddit will join the influential and closely tracked S&P 500 index
Associated Press2d agoneutral
Online forum Reddit will join the influential and closely tracked S&P 500 index

Reddit will join the S&P 500 next week, giving the wide-ranging online forum a boost in prestige and investments. Joining the S&P 500 is considered an achievement for a company because the index is a widely followed measure of the broader U.S. stock market’s health. Reddit's stock surged nearly 14% around midday Friday.

Nasdaq Falls 0.5% After Chip Stocks Slip
Barrons.com2d agobearish
Nasdaq Falls 0.5% After Chip Stocks Slip

The stock market’s early gains evaporated. The Nasdaq Composite was down 0.5% after opening higher. The S&P 500 was down 0.2%. The Dow Jones Industrial Average fell 110 points, or 0.2%. The market’s spill followed a sudden drop in chip stocks: The iShares Semiconductor ETF was down 1.

I Think You Missed CoreWeave's Zero-Cost-Basis Engine
Motley Fool2d agobearish
I Think You Missed CoreWeave's Zero-Cost-Basis Engine

CoreWeave's bear case rests on GPUs aging out fast. But the company just signed a multi-year contract for Nvidia's 2020-era A100 chips, extending their revenue life through 2029. The debt markets are starting to price in what that means: Older Nvidia silicon may hold value far longer than Wall Street's depreciation models assume.

Why Is Rivian Worth As Much As Stellantis?  It Isn’t
24/7 Wall St.2d agoneutral
Why Is Rivian Worth As Much As Stellantis? It Isn’t

A struggling EV startup with one brand and massive losses somehow carries a higher market cap than a global automaker selling millions of vehicles across a dozen household names. The math looks broken, but the reason behind it reveals something uncomfortable about the future of the car industry.