On the wires
On the wires
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Hims & Hers shares drop 12% on FDA crackdown over compounded drugs; DOJ probes
Nvidia & Broadcom jump 7% on AI capex; Dow hits 50K. Bitcoin stabilizes. Buy dips?
Comfort Systems jumps 6.9%, hitting new highs on strong backlog & earnings. Volatile, but past 5-yr returns are stellar.
RRX jumps 5.6% to new highs on AI demand, despite mixed earnings. 5-yr returns hit 62%.
OFRM jumps 16.9% on IPO debut! Sales up 64.6% in H1 2025, but watch foreign sourcing risks.
VICR, PRIM, FLS jump 7-8% on AI capex & market rebound. Primoris up 23.4% YTD.
Big Tech's AI spending surge sparks ROI fears. Software stocks tumble 20% on new AI tools, but tech valuations reset to a 10% premium.
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