Stock

SharkNinja (SN) announced the pricing of a secondary offering of 5,500,000 ordinary shares at $116.00 per share by selling shareholders affiliated with Chairperson CJ Xuning Wang. Underwriters have a 30-day option to purchase an additional 825,000 shares. SharkNinja will not receive any proceeds from the offering, expected to close on August 22, 2025. J.P. Morgan and BofA Securities are the joint lead book-running managers. The offering is made via a registration statement filed with the SEC.

NVIDIA’s stock surge, fueled by the AI boom, has pushed its market cap past $4 trillion and created significant wealth for its employees. CFO Colette Kress and EVP Jay Puri are the latest to join the billionaire ranks due to their NVIDIA stock holdings, bringing the company’s total to six. Investor reports suggest around 78% of NVIDIA employees are now millionaires. CEO Jensen Huang humorously acknowledged his role in creating immense wealth within his management team.

Nvidia briefly surpassed Microsoft as the world’s most valuable company, fueled by a surge in its stock price driven by strong AI demand and a Loop Capital price target increase. Tesla’s AI efforts, including its robotaxi project and Optimus humanoid robot, contributed to its stock gains. While promising, analysts urge caution regarding Tesla’s long-term AI ventures, particularly Optimus, due to uncertainties surrounding its production and market competition.

Chewy, Inc. announced a major shareholder’s sale of 23.9 million shares at $41.95 with a concurrent $100 million share repurchase by the company. This move, backed by a special committee, is separate from an existing $500 million repurchase program. The transactions, expected to close by June 25, 2025, signal confidence in Chewy’s strategy within the evolving online pet market, offering an opportunity for BC Partners to realize returns.

Nintendo’s stock hit a two-month high, fueled by the successful launch of the Switch 2 and its safe-haven status amid market volatility. The new console sold over 3.5 million units in its first four days, surpassing the original Switch’s launch performance and setting a new company record. Analysts attribute this to strong hardware sales and the gaming sector’s resilience against trade tensions, impacting other Japanese gaming companies positively.

Endeavour Mining announced a share buyback transaction on June 13, 2025, repurchasing 12,000 ordinary shares from Stifel Nicolaus Europe Limited as part of its ongoing buy-back program. The shares were purchased at prices between 2,248.00 and 2,284.00 GBp, with a volume-weighted average price of 2,277.67 GBp. After the cancellation, the issued shares total 241,990,346.

Diversified Energy Company PLC announced the repurchase of 31,898 ordinary shares on June 5, 2025, at an average price of $13.9421 per share. The repurchased shares will be retired, resulting in 78,672,415 ordinary shares outstanding.

Xiaomi’s stock is trading around HK$53.2, nearing a previous high. Its P/E ratio of 54 indicates strong growth potential. Facing the question of whether to buy, CEO Lei Jun emphasizes Xiaomi’s improving fundamentals and long-term performance, expressing confidence in future growth for long-term investors.