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.
Home Depot Markdown Fraud Case Highlights Internal Control Risks
A former Home Depot manager in Miami-Dade County has been charged with grand theft and organized fraud for allegedly approving unauthorized discounts totaling $4.3 million. The case raises questions about internal controls as the retailer focuses on pro contractors.
Enbridge's C$4B Sunrise Pipeline Gets Federal Go-Ahead
Enbridge secures Canadian approval for its C$4 billion Sunrise Expansion, adding 300 million cubic feet per day of gas capacity and supporting LNG exports.
Greg Abel Takes the Helm at Berkshire Hathaway's Annual Meeting
Greg Abel will lead Berkshire Hathaway's annual meeting on May 2, facing investor scrutiny over the company's $373B cash pile and underperformance.
SiriusXM and iHeartMedia in Early Merger Talks That Could Reshape Audio Landscape
SiriusXM and iHeartMedia are in early-stage merger discussions, Bloomberg reported. A tie-up would create a $12 billion audio powerhouse, combining satellite, broadcast, and podcast assets.
Trade Desk Sees Short Interest Surge Ahead of Q1 Earnings
Short interest in The Trade Desk surged 50% in March, creating squeeze risk ahead of its May 7 earnings report. The company faces questions on ad spending, competition, and agency relations.
LightPath Technologies Soars to 52-Week High on Defense Optics Demand
LightPath Technologies shares surged 10% to a 52-week high of $16.09 on robust defense optics orders and a $97.8 million backlog, with Q2 revenue soaring 120%.
Plug Power's Louisiana JV Plant Reaches 90% Availability Amid Cash Flow Focus
Plug Power's Louisiana hydrogen plant achieved 90% availability in Q1, producing 448.3 metric tons. Shares fell 1.3% as the company works to improve cash flow.
Liberty Broadband Shares Tumble 26% as Charter's Subscriber Woes Hit Merger Value
Liberty Broadband shares plunged 26% Friday, mirroring Charter Communications' decline after the cable operator lost 120,000 internet subscribers in Q1, exceeding forecasts and pressuring the pending all-stock merger.
Eminence Capital to Close After 27 Years, Return $5.9 Billion
Eminence Capital, founded by Ricky Sandler, is closing after 27 years, returning $5.9 billion to investors by late June amid poor returns and rising expenses.