SK Hynix debuted at $170 on the Nasdaq, well above its $149 IPO price. Meta’s run is quietly turning into one of its best weeks in over a year. Today’s edition covers Circle’s bank charter, the week’s last set of movers, and everything before markets close for the weekend.

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$5.2 Million Sold Near The High, $2.1 Million Bought Into Weakness

You’re seeing one healthcare winner after an 84% run and one emerging-market financial stock still struggling to regain momentum. But Elite Trade Club Insider readers are getting the signal hidden beneath the charts: one CEO is converting low-cost options into cash, while one director is repeatedly putting fresh money to work before the market has settled on the next move.

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Markets

SK Hynix priced its American depositary receipts at $149, opened at $170 and raised $26.5 billion in what Jefferies called the setup for a memory rally with further to run — even after last week’s chip turbulence.

Bank of America reported an internal memo showing Meta building custom silicon that could cut its AI compute costs to $22 billion per gigawatt, roughly half the Street’s prior estimate; the stock jumped 6% Friday and gained 14% on the week, its best stretch since early 2024.

Circle received OCC approval to operate as a national trust bank, making it the first major stablecoin issuer to be chartered as a bank and sending shares up 5%.

The IEA said global oil demand is on track for its first annual decline since 2020, down 1 million barrels per day from the Strait of Hormuz disruption. S&P downgraded Oracle to BBB-minus, its lowest investment-grade rating, citing OpenAI as a “key credit risk” if the AI company fails to pay for its data center leases.

  • DJIA [+0.29%]

  • S&P 500 [+0.42%]

  • Nasdaq [+0.29%]

  • Russell 2000 [-0.38%]

Market-Moving News

Earnings & Guidance

Delta Keeps Airline Earnings Bar High

Delta reported adjusted earnings of $1.56 on $17.7 billion in revenue, beating Wall Street expectations even after fuel costs surged. The airline also reaffirmed full-year adjusted earnings guidance of $6.50 to $7.50 per share.

Third-quarter guidance came in at $2.00 to $2.50 per share, above the $2.03 analyst consensus. The update kept airline pricing, fuel recovery, and premium travel demand in focus as earnings season began.

WD-40 Raises Outlook After Sales Jump

WD-40 reported $195.1 million in quarterly sales, up 24% from a year earlier and ahead of the $172.8 million analysts expected. Diluted earnings rose 45% to $2.24 per share, also above estimates.

The company raised its full-year sales forecast to $652 million to $667 million and lifted EPS guidance to $6.05 to $6.35. Americas sales rose 29%, while Asia-Pacific revenue climbed 24%.

Chip Stocks & AI

SK Hynix Makes U.S. Market Debut

SK Hynix began trading in the U.S. Friday after raising $26.5 billion in its Nasdaq debut, giving American investors direct access to one of the biggest AI memory suppliers.

The listing arrived as demand for high-bandwidth memory stayed tied to advanced AI systems. The debut also gave the market another test of whether investors still want fresh exposure to the semiconductor trade after a volatile week.

Micron Slips as Memory Names Cool

Micron came under pressure Friday as the memory trade cooled, with the stock down in morning trading while investors watched SK Hynix's U.S. debut.

The move kept AI-linked memory stocks in focus after a sharp run earlier in the year. Traders weighed whether a new supply of publicly traded AI-memory exposure could draw attention away from existing U.S.-listed chip names.

Big Tech Regulation

Meta Faces Addictive Design Pressure

Meta came under fresh regulatory pressure Friday after officials said Facebook and Instagram must change addictive features such as infinite scroll and autoplay. The finding focused on design choices that keep users locked into feeds, reels, and stories.

Meta could face penalties of up to 6% of its annual global revenue if the findings are finalized. The company said its teen-safety tools already include automatic protections, parental controls, and screen-time limits.

Cloud Giants Face Direct Oversight

Amazon, Google, Microsoft, and Oracle were designated critical third-party suppliers to the financial sector Friday, bringing major U.S. cloud providers under direct oversight for financial-system resilience.

The new rules require resilience testing, regular self-assessments, and major-incident reporting. Regulators said banks, insurers, and market infrastructure firms now rely heavily on a small group of cloud providers, creating wider outage and cyber-risk exposure.

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*Past performance is no guarantee of future results. Investing involves risk. This material does not constitute investment, legal, accounting, or tax advice. Zacks Investment Research is not a licensed dealer, broker, or investment adviser.

Energy & Oil

Big Oil Eyes Iran War Windfall

U.S. oil majors are set for a profit lift as the Iran conflict keeps fuel markets tight, with Exxon and Chevron expected to post earnings more than triple first-quarter levels.

Gasoline and diesel markets remained elevated after renewed disruptions in the Middle East and Ukrainian strikes on Russian energy infrastructure. The setup could complicate Washington's push for lower pump prices as consumers continue to face higher fuel costs.

Baker Hughes Clears Chart Deal Hurdle

Baker Hughes secured conditional EU approval for its $13.6 billion Chart Industries deal after agreeing to sell part of Chart's business.

The deal expands Baker Hughes's industrial technology portfolio, tied to liquefied natural gas and data centers. Regulators required divestitures and equipment interoperability commitments to address concerns about access to LNG technology, with those remedies set to remain in place for 10 years.

Rates & The Fed

Fed Minutes Keep Hike Risk Alive

Federal Reserve minutes kept rate risk in focus Friday, showing that officials remained concerned about inflation after the June 16 to 17 meeting. The readout showed one group comfortable holding rates steady and another open to higher borrowing costs if inflation stayed elevated.

June CPI, producer prices, and retail sales will give markets a fresh read on whether tariffs, energy costs, and services inflation are still feeding price pressure.

Treasury Market Waits for Inflation Data

Treasury yields held near recent levels as markets looked toward next week's data, with the 10-year yield at 4.543% and the two-year yield at 4.179%.

Oil prices stayed more stable after the latest Middle East shock, but rate expectations remained sensitive to incoming inflation numbers. Tuesday's CPI report could reset the debate over whether the Fed stays patient or moves closer to another hike.

Top Winners and Losers

Aardvark Therapeutics [AARD] $7.60 (+52.00%)

Aardvark develops bitter taste receptor agonists for metabolic diseases, including Prader-Willi Syndrome, where ARD-101 has been under FDA full clinical hold since May after a cardiovascular signal in healthy volunteers.

The company has been working with the FDA to unblind Phase 3 trial data to determine a path forward. Today’s 52% move reflects renewed investor confidence in that process, with Buy-rated analysts holding targets above the current price and the unblinding timeline advancing.

Nuvee Holding [NVVE] $13.67 (+55.69%)

Nuvee’s vehicle-to-grid platform is now in its third straight session of extraordinary gains, up over 170% since Wednesday on the thesis that oil war risk accelerates EV adoption and V2G infrastructure demand.

The company’s market cap of $6.45 million means very little volume is required to produce very large moves. The thesis is real. The price is moving faster than the business.

Polibeli Group [PLBL] $8.12 (+26.48%)

Polibeli reversed Thursday’s 25% drop and bounced back 27% on Friday with the same thin-float mechanics working in the other direction.

Singapore-based retail trade platform, $2.99 billion market cap — the size of the market cap is not matching the volatility, which is exactly what you see in names that are subject to institutional rotation rather than news-driven moves.

Silo Pharma [SILO] $5.70 (-26.26%)

Silo Pharma is a developmental biotech with a psychedelic-adjacent CNS pipeline covering PTSD, fibromyalgia, and Alzheimer’s — plus a crypto treasury and a newly formed AI subsidiary, Qwikagentsai.

The combination attracted momentum traders in June, and today those traders are rotating out. With a $6.58 million market cap, the exit doesn’t need to be big to be loud.

Robin Energy [RBNE] $6.45 (-19.70%)

Robin Energy is a transportation sector name with a $3.2 million market cap, which puts it in the category of stocks where individual position exits produce multi-percent moves, and today’s 21% decline reflects exactly that.

The company operates in energy transport logistics and has been caught in the week’s oil price volatility — up when crude spiked, down when oil pulled back.

Julong Holding [JLHL] $11.73 (-8.29%)

Julong was up 317% on Thursday and is now giving back 8% on Friday. This is the decompression phase of a thin-float momentum squeeze in a Chinese commercial services company with no confirmed fundamental catalyst on either side of the move.

The $229.5 million market cap is real. The daily swings are mechanics.

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Everything Else

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Adam G.
Elite Trade Club

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