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Siyata Mobile Inc (NASDAQ: SYTA) shares are pulling back on Wednesday, down 36.7% to $5.19. The decline follows a dramatic 85% surge on Tuesday, despite a lack of specific company news.
The Moody's downgrade is a widely expected move that doesn't change the status of Treasuries. It doesn't force institutions to sell. It just makes headlines.
Several major defense contractors will likely be called on to construct the Golden Dome, though President Trump did not name specific companies in his initial announcement.
Ripple CEO has Brad Garlinghouse voiced disappointment after Senator Cynthia Lummis (R-Wyo.), Chair of the Senate Digital Assets Subcommittee, cancelled a scheduled meeting and failed to reschedule.
PENN Entertainment Inc (PENN) and Shake Shack Inc. (SHAK) partner to bring popular burger chain to 10 casino properties, aiming to enhance guest experience and expand geographic footprint. First two locations set to open in 2026, with more to follow. Partnership reflects trend of integrating culinary brands into casinos. Related ETFs: PEJ, EATZ. PENN shares down 2.11% and SHAK down 1.02%.
Weibo Corp (WB) reported Q1 results, with revenue of $396.9 million, up 0.34% Y/Y. Adjusted EPS of 45 cents beat analyst estimate of 38 cents. MAUs were 591 million. CEO Wang focused on integrating social features and AI technology for product competitiveness and shareholder return.
Warby Parker stock soared after partnering with Google on AI-powered smart glasses. Google committed $150 million, aiming for a post-2025 launch of intelligent eyewear.
Take-Two Interactive Software Inc (NASDAQ:TTWO) shares are trading lower Wednesday after the company announced a proposed public offering of common stock.
Google's new smart glasses partnership and real-time voice translation feature show strong technicals and potential for a stock rally, boosting investor sentiment.
After a sharp 23% rebound in the S&P 500 since April, hedge funds are now stacking record levels of bearish bets against stocks as investors question the staying power of the tariff-relief rally.
