Latest News
Instacart Expands Dollar General Partnership to 20,000 Stores; CART Shares Dip
Instacart's Dollar General rollout targets 20,000 stores, but CART shares slipped 2.6% as investors await financial details.
General Mills Beats Q1 Estimates but Margin Squeeze Caps Rally
General Mills beat Q1 estimates but saw adjusted operating margin fall 130 bps, sending shares down 0.6%. Full-year guidance was reaffirmed.
Refiners Rally as Trump Weighs Diesel Export Limits
Valero and Marathon Petroleum shares advanced as traders downplay the likelihood of a full diesel export ban, despite record U.S. pump prices and tight distillate inventories.
Palantir Rises 4.4% on FAA Buzz, But ASI Holds Key $875M Contract
Palantir shares climbed 4.4% after Rosenblatt reiterated a Buy, but the FAA's $875M SMART contract is held by Air Space Intelligence, not Palantir.
Mortgage Rates Climb to 6.95%, Pressuring Rocket Shares
Freddie Mac's 30-year mortgage rate jumped to 6.95%, up 19 basis points in a week. Rocket Companies (RKT) shares fell 2.2% to $12.46, near their 52-week low.
IonQ Surges on Single-CPU Quantum Decoder Milestone
IonQ (IONQ) shares rose 10.1% to $44.86 premarket after its single-CPU quantum error decoder processed 408 logical qubits, easing a key scaling bottleneck. Valuation remains rich at ~39x 2026 sales.
Oil's War Premium Fades, Gasoline Surges 2.1%
Oil prices slipped below $100 as Saudi Arabia restarted a key pipeline, but gasoline futures jumped 2.1%. Distillate inventories remain tight, keeping fuel prices elevated.
UK Budget Proposal: £600 Tax Relief for Workers, 45% CGT for Investors
A reported UK Budget proposal could lift personal allowance by £3,000, saving basic-rate taxpayers £600, but raise capital gains tax to 45%.
Apollo Shares Slip as Fund Redemption Requests Stay Elevated
Apollo shares fell 2.9% as its Debt Solutions fund reported redemption requests at 14.7% of shares, nearly triple the cap, but liquidity coverage remains strong.
Bitcoin ETFs Attract $1.36B But Price Lags Below $87K
Despite $1.36B in ETF inflows, Bitcoin price stalled below $87K, trading near $85,800. A $15.9B options expiry Friday adds uncertainty.
McDonald's Stock Still 26% Below Peak as Monopoly Promotion Returns
McDonald's (MCD) trades up 0.4% premarket but remains 26% below its 52-week high. The Monopoly promotion returns Oct. 6, testing traffic amid weak guest counts.