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.
Lululemon CEO O'Neill Aims to Counter Skepticism as Proxy Fight Intensifies
Lululemon shares slipped 1.6% as incoming CEO Heidi O'Neill dismissed underestimation claims, while founder Chip Wilson escalates a proxy fight for board seats ahead of the June meeting.
Ballard Power Surges as Weichai Stake Reduction Triggers Board Resignations
Ballard Power Systems shares jumped 8.5% after Weichai reduced its stake below 15%, triggering board changes. Q1 revenue rose 26% to $19.4 million.
American Airlines Adds Football Seats, Faces Fuel Headwinds
American Airlines is adding over 23,000 seats on more than 80 routes for football travel, but high fuel costs and debt continue to challenge its bottom line.
SoFi Stock Dips 2.6% on PrimaryBid Deal as Market Eyes Rate Headwinds
SoFi Technologies shares fell 2.6% after acquiring PrimaryBid's technology assets. The deal aims to boost retail IPO access but comes amid rising net charge-offs and unchanged 2026 guidance.
Dow Drops Below 50,000 as Surging Yields and Oil Jolt Markets
The Dow Jones Industrial Average fell below 50,000 on Friday as rising Treasury yields and oil prices near $109 sparked inflation fears, with chip stocks like Nvidia, AMD, and Intel leading the decline.
Tesla Shares Decline on Stalled China FSD Approval After US-China Summit
Tesla shares dropped 3.7% after President Trump left Beijing without securing Chinese approval for its Full Self-Driving software, dampening investor sentiment.
Micron Drops 5% as Samsung Strike Looms Over AI Memory Boom
Micron stock slid 5.2% Friday on profit-taking and concerns over a possible Samsung strike that could disrupt AI memory supplies.
Plug Power Shares Slip Amid Cash Burn Concerns Despite Revenue Growth
Plug Power shares dipped 1.7% to $3.725 on Friday, as robust Q1 revenue growth of 22% to $163.5 million was overshadowed by a widened net loss of $245.3 million and operating cash burn of $150 million.
Ford Stock Retreats After AI-Driven Energy Storage Rally Fades
Ford shares dropped 7% Friday after a rally sparked by its new energy storage unit. The business targets data centers but hasn't shipped yet.