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.
Delta to End Complimentary Snacks on Short-Haul Flights Starting May 19
Delta Air Lines (DAL) will eliminate complimentary snacks and drinks in Main Cabin and Delta Comfort on flights under 350 miles starting May 19, impacting roughly 9% of daily flights due to rising fuel costs.
BlackBerry Buyback Set to Start as QNX Drives Stock Rally
BlackBerry's new buyback program, starting May 12, allows repurchase of up to 26.8 million shares after its stock hit a one-year high, driven by strong QNX software results.
Coterra Energy Delisted After Devon Merger; New Buyback and Dividend Announced
Devon Energy has completed its all-stock acquisition of Coterra Energy, delisting CTRA from the NYSE. Shareholders received 0.70 Devon shares per Coterra share, plus cash for fractions.
Ambev's Share Buyback Surge Faces Brazil Cost and World Cup Hurdles
Ambev bought back 24 million common shares in April, raising treasury stock to 190.97 million. Analysts' 2026 forecasts remain unchanged, focusing on Brazil beer costs and World Cup demand.
S&P 500 and Nasdaq Hit Records Ahead of CPI Data, AI Chip Stocks Surge
The S&P 500 and Nasdaq set record highs on Friday, fueled by AI chip stocks and a better-than-expected U.S. jobs report. Nvidia, Micron, and Sandisk rose sharply, while Cloudflare dropped 24%.
Penguin Solutions Surges 13% on AI Memory Demand Outlook
Penguin Solutions shares surged 13.47% to $44.23 after raising fiscal 2026 sales and profit outlook amid surging AI memory chip demand and prices.
Air Canada Scraps Four US Routes Early as Fuel Costs Surge
Air Canada is ending four seasonal US routes early this summer, citing high jet fuel costs. The airline also withdrew its 2026 financial outlook.
Market Movers: RELX, Capricor, and Global Tensions Shape Trading
RELX drops 8.8% in a week, Capricor soars 387% annually, US-Iran tensions drive crude oil volatility, and other key market movers on May 10, 2026.
Spirit Airlines Grounding Offers Temporary Relief for Pratt & Whitney Engine Shortage
Spirit Airlines' grounded A320neo fleet is releasing Pratt & Whitney GTF engines into a tight spare market, offering temporary relief for airlines. However, lease rates remain high and delays persist.
Altria Slips for Fifth Day as Nicotine Pouch Competition Intensifies
Altria shares fell 1.3% to $68.12, extending a five-session losing streak despite a Q1 earnings beat. Rising competition in the nicotine pouch market and declining cigarette volumes weigh on the stock ahead of its May 14 annual meeting.
Lockheed Martin Secures $407M Aegis Upgrade for Guam Amid Pacific Defense Surge
Lockheed Martin secures a $407.2M Pentagon contract modification to advance Aegis missile defense for Guam, bringing total project value to about $1.94B. Work runs through December 2029.