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Barclays Shares Rally on Profit Growth and Shareholder Returns Plan
Barclays shares have climbed nearly 30% over the past year after reporting a 6% income increase to £8.2 billion and raising its return on tangible equity target above 14% by 2028. The bank plans to return over £15 billion to shareholders from 2026 to 2028.
Netflix Ad Strategy Nears $3B Milestone as Wall Street Evaluates Growth
Netflix shares ended Friday at $88.60, up 1.8% for the week, as investors analyzed its ad-tier growth and $25B buyback plan.
Stellantis Unveils 2030 Strategy Amid Cash Flow Concerns
Stellantis shares rose slightly after CEO Antonio Filosa unveiled a five-year plan targeting €190B revenue by 2030, though cash flow remains a concern.
Eos Energy Shares Dip Ahead of Holiday as Frontier Deal Advances
Eos Energy shares fell to $8.06 Friday after Frontier Power USA agreed to purchase 480 MWh of Texas battery-storage projects using Eos Z3 systems, marking the first project under a 2 GWh reservation.
BitMine Stock Gains Russell 3000 Inclusion Ahead of Holiday-Shortened Week
BitMine Immersion Technologies (BMNR) has been named to the preliminary Russell 3000 additions list. Shares closed Friday at $18.88, down 3.7%, losing about 5% for the week.
AT&T Rises 5% Ahead of Holiday; New Plan and $19B California Pledge in Focus
AT&T shares rose 5.1% last week, outperforming the S&P 500, as the company unveiled a $15 wireless plan and a $19 billion California investment pledge.
Aurora Innovation Shares Slip Ahead of Holiday; Focus on Autonomous Truck Rollout
Aurora Innovation shares fell 8.3% over five days to $7.07 ahead of Memorial Day, as the company reported a $244M operating loss on $1M revenue and outlined plans to deploy over 200 driverless trucks by year-end.
Ambev Shares Hold Ground as Brazilian Trading Resumes Before US Holiday
Ambev's São Paulo shares edged down 1.83% on Friday but posted a 2.6% weekly gain, supported by strong Q1 earnings. With US markets closed for Memorial Day, Brazilian trading offers an early test for the stock.
Bradesco Shares Decline Ahead of GDP Data; Brazil Bank Rally Stalls
Bradesco's preferred shares fell 1.56% as Brazil's banking sector rally stalled. Q1 recurring net income rose 16.1%, but GDP data due May 29 could test the recovery.
Bank of America Ends Quiet Week Ahead of Inflation Data and CEO Speech
Bank of America (BAC) finished Friday at $51.80, rising 0.6%, and gained 4.1% for the week. Markets are closed Monday for Memorial Day, with trading resuming Tuesday.
Rivian Stock Edges Higher as R2 SUV Nears Production Milestone
Rivian shares rose 0.49% to $14.22 on Friday, capping a 3.1% weekly gain as the company ramps up production of its R2 SUV, starting at $45,000.
