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SpaceX insiders won the right to sell 911.5 million shares worth roughly $100 billion on Thursday, more than doubling the float of Elon Musk's newly public company. Key Points: Up to 911.5 million shares became eligible for sale, lifting the freely tradable portion of the company to 11.8% of shares

Nio stock posted its best week in four months, rising 9% on July deliveries of 35,934 vehicles, with Morningstar and Goldman Sachs valuing the Chinese electric vehicle maker higher. Key Points: July deliveries reached 35,934 vehicles, up 71% from a year earlier but down 11.5% from June. Morningstar

Jim Cramer urged investors to hold off on large SpaceX purchases until an Aug. 6 insider lockup expiration frees roughly 911.5 million shares for sale. Key Points: Cramer told buyers who want a big position to wait for the first wave of insider selling before stepping in. Roughly 911.5 million share

Apple shares sank 8% on Friday after Tim Cook warned that climbing memory prices could squeeze the company well past the September quarter. Key Points: Apple guided to September quarter revenue growth of 9% to 11%, below the roughly 12% Wall Street consensus. June quarter revenue hit a record $109.4

Microsoft (MSFT ) shares surged after Azure growth accelerated to 43%, giving investors the clearest evidence yet that the company’s record AI infrastructure spending is generating returns. Key Points: Azure revenue increased 43%, its fastest growth in four years. Quarterly capital expenditures rose