US stocks: Shopify (SHOP.US) drops over 8% as Q2 revenue growth expected to slow
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Enovix surged over 17% in after-hours trading on Tuesday after the company announced it had received an initial order of 100,000 batteries from an unnamed multinational drone system supplier.
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App’s Q1 revenue reached $300 millions, surpassing expectations. However, due to weakness in tech stocks and a technical death cross, the stock price fell by 3.78%. Analysts maintain a buy rating and are closely watching whether the key support level at $19.5 can hold.
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Getty Images has filed for bankruptcy due to the impact of AI and a debt crisis, with its stock price plummeting by 99.95%. The family and Koch Equity have injected $533 millions for privatization, aiming to transition toward AI training authorization.
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