Markets News

Latest stock market news and real-time market analysis. Track S&P 500, Nasdaq, and Dow Jones movements, sector rotations, and breaking market events.

Estée Lauder Shares Jump After Merger Talks Collapse
Markets Daniel Marsh

Estée Lauder Shares Jump After Merger Talks Collapse

Estée Lauder shares rose about 10% in extended trading after ending merger discussions with Spain's Puig, shifting focus to its standalone turnaround strategy.

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Spirit's Collapse Looms Over Summer Travel, Airfares Set to Rise
Markets Daniel Marsh

Spirit's Collapse Looms Over Summer Travel, Airfares Set to Rise

Spirit Airlines' May 2 shutdown, driven by rising fuel costs and funding gaps, is pressuring summer airfares as competitors scramble to fill routes.

JBLU ULCC DAL UAL AAL
Lockheed Martin Starts $9B Alabama Missile Plant as Pentagon Urges Stockpile Rebuild
Markets Daniel Marsh

Lockheed Martin Starts $9B Alabama Missile Plant as Pentagon Urges Stockpile Rebuild

Lockheed Martin began construction on a new munitions facility in Troy, Alabama, to expand THAAD interceptor production and prepare for the Next Generation Interceptor, part of a $9 billion investment to ramp up missile output.

LMT
Grab Holdings Gains on Superbank Consolidation in Indonesia
Markets Daniel Marsh

Grab Holdings Gains on Superbank Consolidation in Indonesia

Grab's stock climbed 1.6% to $3.56 after it consolidated Superbank in Indonesia, raising its stake above 50% and folding the lender's results into its financial-services segment from May 2026.

GRAB
Blue Owl Capital Gains 5% as Private-Credit Demand Holds Steady
Markets Daniel Marsh

Blue Owl Capital Gains 5% as Private-Credit Demand Holds Steady

Blue Owl Capital shares jumped nearly 5% on Thursday, outpacing peers as private-credit demand remains steady despite ongoing sector concerns.

OWL
Ackman Shifts from Alphabet to Microsoft as AI Bets Diverge
Markets Daniel Marsh

Ackman Shifts from Alphabet to Microsoft as AI Bets Diverge

Bill Ackman's Pershing Square sold nearly all its Alphabet shares and bought a $2.09 billion Microsoft stake, while Daniel Loeb's Third Point made opposite moves, highlighting a divide in AI investment strategies.

MSFT GOOGL AMZN UBER META
Dow Jones Hits New Peak as IBM Surges on Quantum Funding
Markets Daniel Marsh

Dow Jones Hits New Peak as IBM Surges on Quantum Funding

The Dow Jones Industrial Average closed at a record high, lifted by a 12.4% surge in IBM following a proposed $1 billion U.S. quantum-computing award. Oil prices declined amid U.S.-Iran talks, and Walmart fell on consumer spending concerns.

IBM NVDA WMT AMD INTC
Dow Jones Hits Record High as Oil Retreats, IBM Surges
Markets Daniel Marsh

Dow Jones Hits Record High as Oil Retreats, IBM Surges

The Dow Jones closed at a record 50,285.66 on Thursday, lifted by a 12.5% jump in IBM after it secured $1 billion in federal funding for a quantum-chip venture. Oil prices fell 2.3%, easing inflation concerns.

IBM RGTI NVDA RL WMT AAL LUV GLD SLV USO UNG XLK XLF XLE XLV
AI Stocks Rally as Nvidia Results Spur Broader Sector Gains
Markets Daniel Marsh

AI Stocks Rally as Nvidia Results Spur Broader Sector Gains

AI-linked stocks rallied on Thursday, with Arm, Rigetti, IBM, and Bloom Energy surging as the AI trade widened beyond Nvidia. Deere fell despite beating earnings estimates.

ARM RGTI IBM NVDA SPOT DE BE
Eos Energy Surges 15% on First Deployment Under Cerberus-Backed Platform
Markets Daniel Marsh

Eos Energy Surges 15% on First Deployment Under Cerberus-Backed Platform

Eos Energy Enterprises shares surged 14.7% to $8.16 after Frontier Power USA signed a deal to acquire 480 MWh of Texas battery-storage projects, the first deployment under its Cerberus-backed platform.

EOSE
Sandisk Surges 10% on Tight NAND Supply and AI Demand Boom
Markets Daniel Marsh

Sandisk Surges 10% on Tight NAND Supply and AI Demand Boom

Sandisk shares surged 10% after management said NAND flash supply will remain tight due to AI demand. Citi raised its price target to $2,025. Western Digital and Micron also rose.

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Opendoor Stock Rises Amid Housing Market Struggles and Turnaround Hopes
Markets Daniel Marsh

Opendoor Stock Rises Amid Housing Market Struggles and Turnaround Hopes

Opendoor shares climbed 4.3% to $4.59 as the company reports adjusted EBITDA profitability on a forward basis, while U.S. housing data shows strain.

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