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.
AeroVironment Shares Surge on Drone Funding Hopes and Air Force Deal
AeroVironment shares surged over 17% on a $20 million Air Force contract and speculation of U.S. government funding for domestic drone producers, lifting the sector.
Grab Stock Slips on Indonesian Bank Stake Concerns
Grab shares declined 1.8% in New York as the market reassesses the company's digital banking expansion in Indonesia, with Superbank set to become a consolidated subsidiary.
Entergy New Orleans Secures $90M in Bond Sale Ahead of Hurricane Season
Entergy New Orleans raised $90 million via a private placement of first mortgage bonds, with proceeds likely earmarked for storm hardening and capital spending ahead of the Atlantic hurricane season.
Lilly Expands Vaccine Portfolio with $3.83B Triple Acquisition
Eli Lilly acquires Curevo, LimmaTech, and Vaccine Company for up to $3.83B, gaining vaccine candidates for shingles, staph, and Epstein-Barr virus. Shares rose 5%.
Dow Dips as Inflation Data and Iran Tensions Chill Rally
The Dow fell 110 points Thursday as April PCE inflation data and renewed U.S.-Iran tensions pressured energy stocks and raised rate concerns.
UMAC Surges on Pentagon Drone Funding Report, Profitability Concerns Linger
Unusual Machines shares jumped up to 52% on reports the Trump administration is in talks to fund U.S. drone makers, but the company's operating losses and rising inventory raise concerns.
Butterfield Acquires CIBC Caribbean for $1.8B, Reshaping Regional Banking
Butterfield acquires CIBC's majority stake in CIBC Caribbean for $1.8B, adding 41 branches across 10 countries and boosting assets to $29B. CIBC sharpens North American focus.
Fertitta's $17.6B Caesars Buyout Gets Board Nod, Stock Lags Offer
Fertitta Entertainment buys Caesars for $17.6B ($31/share). CZR stock up 1.6% to $29.25, below offer. Go-shop until July 11 for higher bids.
Keel Infrastructure Stock Dips in Premarket After AI Rally
Keel Infrastructure shares slipped 1.82% in premarket trading Thursday, following a 7.31% gain Wednesday, as the company pivots from Bitcoin mining to AI data centers.
Opendoor Technologies Joins Russell 3000 Index, CEO Increases Stake
Opendoor Technologies (OPEN) shares jumped 6% premarket after the company announced its inclusion in the Russell 3000 Index, effective June 26. CEO Kaz Nejatian purchased 100,000 shares, increasing his stake to 83.58 million.
Azul to Relist on NYSE American; Veris Departs After Buyout
Azul S.A. will list its ADS on NYSE American on June 1 under AZUL, just months after exiting Chapter 11. Meanwhile, Veris Residential has been delisted after its $3.5B buyout.