Latest News
UP Fintech Plunges After China Crackdown on Cross-Border Brokerage
UP Fintech shares fell 34% in premarket trading after China's securities regulator said its Tiger Brokers unit and two peers operated unlicensed cross-border securities businesses for mainland investors.
Akari Therapeutics Surges on Promising KRAS Cancer Data and $5.5M Financing
Akari Therapeutics shares surged over 100% in premarket trading after its lead drug candidate AKTX-101 showed positive preclinical results in KRAS-mutated pancreatic cancer models and the company announced a $5.5 million private placement.
BMO Earns Analyst Buy Rating Ahead of Q2 Results, But Mixed Consensus and Asset Sale Risks Loom
Canaccord Genuity maintains Buy on BMO ahead of May 27 earnings. Shares are up 23.5% YTD near a 52-week high, but analyst consensus is split. A C$14.5B asset sale to Stonepeak aims to boost CET1 ratio but incurs a C$900M charge.
Atmos Energy Faces New Price Target Reduction Despite Texas Growth
Morgan Stanley lowered its price target on Atmos Energy to $183 from $195, maintaining an Equalweight rating. Texas remains central to the company's growth strategy.
Strive's Bitcoin Treasury Expansion Propels Shares Higher
Strive Inc. shares climbed in premarket trading after the company revealed it acquired 381.61 bitcoin last week, bringing its total holdings to 15,391 coins.
Walmart Shares Slide on Fuel Cost Worries Despite Revenue Beat
Walmart shares tumbled 7.3% Thursday as higher fuel costs overshadowed a first-quarter revenue beat, raising concerns about margin pressure.
Ford Energy Deal Powers Stock Ahead of Holiday Break
Ford shares gained 3.4% to $13.67 after Ford Energy signed a 5-year, 20 GWh battery-storage deal with EDF. The stock outpaced GM and Tesla as investors weigh tariff risks and the energy business.
T1 Energy FEOC Dispute Sparks $2.4B Tax Credit Uncertainty
T1 Energy faces a short-seller dispute over FEOC compliance, risking $2.4B in solar tax credits. Roth Capital backs the firm.
China Shuts Down Unauthorized Cross-Border Stock Trading Platforms
China's securities regulator has ordered Tiger Brokers, Futu Securities, and Longbridge Securities to wind down unauthorized cross-border trading for mainland clients, citing illegal operations. Shares of Futu and UP Fintech plunged over 30% in U.S. premarket trading.
Ally Financial Targets Gen Z with Branchless Banking Campaign
Ally Financial's new 'Life Today' campaign targets Gen Z and millennials with a branchless model, adding 74,000 net new deposit customers last quarter.
Guzman y Gomez Exits US Market, Shares Surge on Return to Australian Focus
Guzman y Gomez exits the US market immediately, closing all Chicago locations. Shares rose up to 20% on Friday as investors cheered the strategic pivot back to Australia, with FY26 Australia EBITDA guidance raised to A$85 million.
Meta Slashes 8,000 Roles, Boosts AI Spend as Zuckerberg Charts New Course
Meta Platforms cuts 8,000 jobs and shifts thousands to AI roles, raising 2026 capital spending to $125-$145 billion. CEO Zuckerberg says no more company-wide layoffs this year, though some employees remain wary.