Fermi (FRMI) stock plummeted 20% after CEO Toby Neugebauer and CFO Miles Everson resigned. The company launches ‘Fermi 2.0’ restructuring initiative.
Stock futures fell Monday as US-Iran tensions escalated over the Strait of Hormuz. Oil jumped 5%, while Dow, S&P 500, and Nasdaq futures all declined.
D-Wave Quantum (QBTS) stock climbed 52% after Nvidia introduced Ising quantum AI models, sparking renewed interest in quantum computing investments.
Merck (MRK) stock jumped 3% after FDA fast-tracked review of KEYTRUDA combinations for muscle-invasive bladder cancer. Decision due August 17, 2026.
Faraday Future (FFAI) closes $45M financing with US investor for AI robotics and FX Super One EV delivery. Details on deal structure and proposals.
Finance
Fermi (FRMI) stock plummeted 20% after CEO Toby Neugebauer and CFO Miles Everson resigned. The company launches ‘Fermi 2.0’ restructuring initiative.
Stock futures fell Monday as US-Iran tensions escalated over the Strait of Hormuz. Oil jumped 5%, while Dow, S&P 500, and Nasdaq futures all declined.
D-Wave Quantum (QBTS) stock climbed 52% after Nvidia introduced Ising quantum AI models, sparking renewed interest in quantum computing investments.
Merck (MRK) stock jumped 3% after FDA fast-tracked review of KEYTRUDA combinations for muscle-invasive bladder cancer. Decision due August 17, 2026.
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