Latest News
Applied Optoelectronics Soars on Strong Forecast and Strategic Moves
Applied Optoelectronics shares skyrocketed over 56% following a robust quarterly report and an optimistic revenue forecast for the current quarter, coupled with announcements of a capital raise and facility expansion.
Merck's Keytruda, Welireg Data and FDA Dates Drive Stock Momentum
Merck stock gained after reporting Phase 3 survival data for Keytruda in ovarian and kidney cancers. The FDA set 2026 review dates for Welireg combinations.
Chevron's Leviathan Gas Field Shutdown Sparks Energy Market Jitters
Israel has temporarily shut down Chevron-operated natural gas fields, including the major Leviathan site, following military action against Iran. The move heightens supply concerns as shipping through the Strait of Hormuz also stalls.
Flutter Shares Plunge on Dimmed 2026 Outlook, U.S. Engagement Concerns
Flutter Entertainment's U.S.-listed stock tumbled nearly 14% following a cautious 2026 outlook, with management pointing to weaker U.S. engagement and increased spending requirements.
Caterpillar Shares Dip Amid Inflation Fears, Key Data and CONEXPO in Focus
Caterpillar stock declined Friday, closing at $742.83, as renewed inflation worries pressured the broader market. Traders are now focused on upcoming economic indicators and a key industry conference.
GE Aerospace Nears Record High Amid Persistent Supply Chain Concerns
GE Aerospace shares gained 0.4% to $342.26, hovering near recent peaks, while supply chain constraints at major aerospace manufacturers continue to pose risks to jet delivery schedules.
UnitedHealth Implements Pay Freeze, Dividend Amid Cost Pressures
UnitedHealth Group has limited employee pay increases to a range of 0% to 2% and initiated layoffs, a move aligning with broader cost-control efforts. The company's board also approved a quarterly cash dividend of $2.21 per share.
Lam Research Shares Slip as Chip Rally Falters Amid Oil Price Surge
Lam Research shares declined over 2% Friday, extending losses as the chip sector cooled. A spike in oil prices following Middle East strikes has heightened inflation worries, pressuring growth stocks.