Grab Holdings is the leading app provider in a region outpacing global growth, supported by a rapidly expanding middle class and penetration of digital.
Shares of cruise vacation company Royal Caribbean (NYSE:RCL)
jumped 4.6% in the afternoon session after it received bullish commentary from Wall Street, with both Stifel and William Blair reiterating their positive ratings on the cruise operator.
Shares of technology real estate company Opendoor (NASDAQ:OPEN)
jumped 21.5% in the afternoon session after the company's leadership transition continued to fuel investor optimism. The move extends a rally from the previous week, which began after the company announced CEO Carrie Wheeler would step down. This leadership change has sparked investor optimism for a strategic turnaround. Shrisha Radhakrishna, the Chief Technical and Product Officer, has been appointed as the interim leader while the board searches for a permanent replacement.
Adding to the momentum, Opendoor has been identified as a "meme stock," attracting traders partly due to its high short interest, estimated at around 23%. This interest, often amplified on social media, has contributed to the stock's significant recent gains as investors bet on the company's new direction under fresh leadership.
Shares of cloud software provider Upland Software (NASDAQ:UPLD) jumped 17.7% in the afternoon session after its board of directors approved a stock repurchase program to buy back up to $10 million of its outstanding common stock. The buyback authorization, which represents nearly 19% of Upland's current market capitalization, was seen by investors as a strong vote of confidence from management. This move comes after the stock has declined over 60% in the past six months, suggesting the board believes the shares are undervalued. The company's decision to deploy capital on repurchases, announced in an 8-K filing, was particularly noteworthy as it followed a recent second-quarter earnings report that missed analyst estimates. The program does not have a specified expiration date.
Shares of live sports and TV streaming service fuboTV (NYSE:FUBO)
jumped 4.3% in the afternoon session after it announced two major international content partnerships to strengthen its premium sports lineup in key global markets. The sports-first streaming platform forged a multi-year partnership with DAZN in Canada, bringing marquee rights like the NFL and UEFA Champions League to its subscribers. This expands on an existing distribution agreement in the U.S. In a separate deal, Fubo's subsidiary in France, Molotov, secured a carriage agreement with Ligue 1, France's professional soccer league, for the 2025/2026 season. These agreements significantly broaden Fubo's premium live sports content in key international markets, strengthening its global strategy.
EV charging infrastructure provider Blink Charging (NASDAQ:BLNK) reported Q2 CY2025 results beating Wall Street’s revenue expectations, but sales fell by 13.8% year on year to $28.67 million. Its non-GAAP loss of $0.26 per share was 50.3% below analysts’ consensus estimates.
Shares of home energy technology company Enphase (NASDAQ:ENPH)
jumped 3.8% in the afternoon session after the U.S. Treasury Department issued favorable 'safe harbor' guidance on tax credits for clean energy projects, continuing a surge from the previous session. The stock continued a surge that began on Friday after the Treasury Department and IRS released new 'safe harbor' guidance clarifying which clean energy projects can qualify for tax credits. The new rules were viewed as less restrictive than investors had feared and were particularly favorable for residential solar projects, a key market for companies like Enphase. According to reports, the guidance largely preserved tax credits through 2030, clearing a cloud of uncertainty that had hung over the sector for more than a year and providing better visibility on future subsidies.
Shares of solar tracking systems manufacturer Array (NASDAQ:ARRY)
jumped 10.8% in the afternoon session after investors reacted positively to favorable changes in clean energy tax credit guidance from the U.S. Treasury, which is expected to benefit solar tracker manufacturers.
Shares of solar power systems company SolarEdge (NASDAQ:SEDG)
jumped 4.9% in the afternoon session after the U.S. Treasury Department released new guidance on clean energy tax credits that was less restrictive than investors had feared, sparking a rally across the solar sector.
Shares of internet service provider Cogent Communications (NASDAQ:CCOI) jumped 8.1% in the afternoon session after it received a double upgrade from Wells Fargo, which cited a favorable risk/reward outlook.
Shares of solar panel manufacturer First Solar (NASDAQ:FSLR)
jumped 10.4% in the afternoon session after the U.S. Treasury Department and IRS released new guidance on clean energy tax credits that was more favorable than investors had feared, continuing a rally from the previous session.
Cybersecurity platform provider Palo Alto Networks (NASDAQ:PANW) reported Q2 CY2025 results topping the market’s revenue expectations, with sales up 15.8% year on year to $2.54 billion. Guidance for next quarter’s revenue was better than expected at $2.46 billion at the midpoint, 0.9% above analysts’ estimates. Its non-GAAP profit of $0.95 per share was 7.3% above analysts’ consensus estimates.
