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.

WHP Global Acquires Marc Jacobs from LVMH, G-III to Co-Own Brand
Markets Daniel Marsh

WHP Global Acquires Marc Jacobs from LVMH, G-III to Co-Own Brand

LVMH sells Marc Jacobs to WHP Global after 30 years; G-III Apparel Group co-owns and operates the brand. Marc Jacobs stays as creative director. Deal valued at ~$500 million.

LVMUY GIII
NANO Nuclear Energy Gains After $569M Cash Update and KRONOS Reactor Progress
Markets Daniel Marsh

NANO Nuclear Energy Gains After $569M Cash Update and KRONOS Reactor Progress

NANO Nuclear Energy shares rose 2% to $27.54 after reporting $568.7 million in cash and progress on its KRONOS microreactor, with a narrowed quarterly net loss of $9.18 million.

NNE
Rackspace Stock Soars 26% on AMD AI Deal, But Debt Clouds Outlook
Markets Daniel Marsh

Rackspace Stock Soars 26% on AMD AI Deal, But Debt Clouds Outlook

Rackspace shares surged 26% to $7.29 on an AMD AI deal and Q1 profit, though a non-GAAP loss and $2.3B in debt temper optimism.

RXT AMD
Datavault AI Shares Surge Ahead of Q1 Earnings Amid $60M Offering and Crypto Bill Progress
Markets Daniel Marsh

Datavault AI Shares Surge Ahead of Q1 Earnings Amid $60M Offering and Crypto Bill Progress

Datavault AI shares rose to $0.5861 on volume over 65 million ahead of Q1 earnings, after a $60M stock offering and GPU edge network plans. A crypto bill vote adds to the buzz.

DVLT
Dow Closes Above 50,000 as AI Rally Lifts S&P 500 and Nasdaq to New Highs
Markets Daniel Marsh

Dow Closes Above 50,000 as AI Rally Lifts S&P 500 and Nasdaq to New Highs

The Dow Jones reclaimed 50,000, while the S&P 500 and Nasdaq hit new records, driven by Cisco's AI infrastructure outlook and strong gains in Nvidia and Cerebras Systems.

CSCO NVDA
Dow Jones Closes Above 50,000 as Cisco's AI Strategy Boosts Tech
Markets Daniel Marsh

Dow Jones Closes Above 50,000 as Cisco's AI Strategy Boosts Tech

The Dow Jones Industrial Average closed above 50,000 on Thursday, driven by Cisco's AI-related job cuts and raised guidance. Tech shares surged, but inflation and oil risks limited Fed rate cut expectations.

CSCO NVDA QCOM INTC WDC MU
Smart Powerr Stock Surges Nearly 300% Despite Nasdaq Delisting Risk
Markets Daniel Marsh

Smart Powerr Stock Surges Nearly 300% Despite Nasdaq Delisting Risk

Smart Powerr Corp. shares surged nearly 300% on Thursday despite facing a Nasdaq delisting warning. The stock's rally highlights investor speculation amid the company's efforts to regain compliance.

CREG
Robinhood Shares Rally as April Data Signals Retail Resurgence
Markets Daniel Marsh

Robinhood Shares Rally as April Data Signals Retail Resurgence

Robinhood shares jumped 5.3% after April data showed platform assets rose 12% to $345.4B and net deposits hit $6B, signaling renewed retail engagement.

HOOD SCHW IBKR
GTA 6 Preorder Hype Lifts Take-Two Ahead of Earnings
Markets Daniel Marsh

GTA 6 Preorder Hype Lifts Take-Two Ahead of Earnings

Take-Two shares rose 6.5% on speculation that GTA 6 preorders may begin next week. The real test comes with earnings on May 21.

TTWO EA RBLX
Mobix Labs Surges 86% on Plan to Acquire Rare Earth Firm Amid US-China Tensions
Markets Daniel Marsh

Mobix Labs Surges 86% on Plan to Acquire Rare Earth Firm Amid US-China Tensions

Mobix Labs shares jumped 86% after announcing a non-binding letter of intent to acquire Special Project Delivery LLC, a US rare earths firm, as defense sourcing rules tighten.

MOBX
Lumen Technologies Rises 14% on Debt Refinancing and AI-Focused Fiber Expansion
Markets Daniel Marsh

Lumen Technologies Rises 14% on Debt Refinancing and AI-Focused Fiber Expansion

Lumen shares jumped 14% on debt refinancing and a new AI-focused fiber route, as the company shifts from consumer telecom to enterprise infrastructure.

LUMN
Citadel's Hong Kong Quant Shakeup Spurs Rival Firms to Reassess Data and Talent Hubs
Markets Daniel Marsh

Citadel's Hong Kong Quant Shakeup Spurs Rival Firms to Reassess Data and Talent Hubs

Citadel shifts quant researchers from Hong Kong to Singapore or Miami after a relocate-or-leave ultimatum, sparking industry debate over data security and talent strategy.

GS MS