Shares of technology real estate company Opendoor (NASDAQ:OPEN)
jumped 29.5% in the morning session after the stock continued its upward momentum from the previous day's session, which was sparked by news of activist investor interest.
Shares of solar power systems company SolarEdge (NASDAQ:SEDG)
fell 7.8% in the morning session after analysts at JPMorgan downgraded the stock. The investment bank lowered its rating on the solar technology company to "Neutral" from a previous "Overweight" rating. JPMorgan cited the stock's significant outperformance since May as the primary reason for the downgrade, with shares having rallied substantially more than the average for stocks in its coverage universe. While the bank acknowledged encouraging initial progress from SolarEdge's new management team on efficiency and product rationalization, it noted that it is still early in the process. Despite the downgrade, JPMorgan did raise its price target on the stock to $23 from $18, reflecting higher future estimates and an increased valuation multiple.
Shares of casino, tavern, and slot machine operator Golden Entertainment (NASDAQ:GDEN)
fell 7.7% in the morning session after Truist Securities downgraded the company's stock.
Shares of cannabis company Tilray Brands (NASDAQ:TLRY)
jumped 3.5% in the morning session on continued momentum that saw the stock rise significantly in July.
Shares of insurance and annuity provider Brighthouse Financial (NASDAQ:BHF) jumped 9.5% in the morning session after reports surfaced that the company is in exclusive talks to be acquired by investment firm Aquarian Holdings.
Shares of semiconductor machinery manufacturer Applied Materials (NASDAQ:AMAT)
fell 3.8% in the morning session after a warning from European peer ASML (ASML) about potential growth uncertainty in 2026 due to U.S. tariff policies.
The Fed Governor also stated that while easier banking rules help drive risk-taking during economic booms, they also exacerbate weaknesses, and a subsequent downturn makes the situation more painful.
Bitcoin (CRYPTO: BTC) surged to new all-time highs last week, and a new poll now gauges whether it will retreat to $100,000 or rally toward $150,000 next.
