Latest News

All Markets Earnings Economy Technology IPO Crypto Commodities Forex Analysis Regulation
Costco Shares Surge Amid Consumer Caution; Valuation Stays Elevated
Earnings James Calloway

Costco Shares Surge Amid Consumer Caution; Valuation Stays Elevated

Costco shares climbed to $1,064.98 as April sales rose 13% to $23.92B. The company raised its dividend and will report fiscal Q3 earnings on May 28.

COST WMT TGT
Exxon Mobil Shares Rise as Oil Surges; Shareholder Vote Looms
Markets Daniel Marsh

Exxon Mobil Shares Rise as Oil Surges; Shareholder Vote Looms

Exxon Mobil shares rose 1.9% on Monday, tracking higher oil prices amid Middle East tensions. The company faces a May 27 shareholder vote on moving its legal home from New Jersey to Texas.

XOM CVX COP USO
GE Aerospace Rises on Trump China Deal Hints, But Details Scarce
Markets Daniel Marsh

GE Aerospace Rises on Trump China Deal Hints, But Details Scarce

GE Aerospace shares rose Monday following Trump's comments on a potential China jet order, but the absence of concrete details leaves investors wary.

GE BA RTX HON
Applied Digital Stock Dips 10% After Rally, AI Infrastructure Under Scrutiny
Markets Daniel Marsh

Applied Digital Stock Dips 10% After Rally, AI Infrastructure Under Scrutiny

Applied Digital (APLD) shares dropped 10% to $38.30 on Monday, retreating from a high of $42.75 as investors locked in gains after a $7.5 billion lease deal.

APLD
Broadcom's AI Chip Surge Faces Key Earnings Test in June
Earnings James Calloway

Broadcom's AI Chip Surge Faces Key Earnings Test in June

Broadcom shares fell 1.6% to $418.45 as UBS raised its price target to $490. The chipmaker's June 3 earnings will test whether custom AI chip demand can support its $2T valuation.

AVGO GOOGL META NVDA AMD MRVL
Apellis Delisted After Biogen Buyout; CVR Payout in Focus
Earnings James Calloway

Apellis Delisted After Biogen Buyout; CVR Payout in Focus

Apellis Pharmaceuticals has been delisted from Nasdaq following Biogen's completed acquisition. Shareholders get $41 per share plus a contingent value right worth up to $4 if Syfovre meets sales goals.

BIIB APLS
Ondas Stock Slumps After $199M All-Stock Defense Acquisition
Markets Daniel Marsh

Ondas Stock Slumps After $199M All-Stock Defense Acquisition

Ondas shares fell 10% after announcing a $199M all-stock acquisition of Omnisys and a share resale filing, raising dilution concerns.

ONDS
POET Technologies Shares Tumble After $400M Capital Raise
Markets Daniel Marsh

POET Technologies Shares Tumble After $400M Capital Raise

POET Technologies shares dropped 14.2% to $13.70 after a $400M direct investment with MMCAP, issuing 19M shares and warrants at $21. The capital raise follows a $50M Lumilens order and a Q1 net loss.

POET
Plug Power Shares Slide 9.8% as Post-Earnings Rally Fades
Markets Daniel Marsh

Plug Power Shares Slide 9.8% as Post-Earnings Rally Fades

Plug Power shares dropped 9.8% to $3.41 on Monday, retreating from a post-earnings rally as concerns over losses and cash burn persist.

PLUG BE FCEL BLDP
Ford Stock Dips as EDF Storage Deal Fails to Sustain Momentum; Europe Revamp Unveiled
Markets Daniel Marsh

Ford Stock Dips as EDF Storage Deal Fails to Sustain Momentum; Europe Revamp Unveiled

Ford shares slid 1.2% by midday Monday, erasing early gains from a battery-storage agreement with EDF. The deal could bring up to 20 GWh in orders, but deliveries won't start until 2028.

F GM TSLA SPY STLA
Nasdaq 100 Slips Below 29,000 as Tech Rally Falters
Markets Daniel Marsh

Nasdaq 100 Slips Below 29,000 as Tech Rally Falters

The Nasdaq 100 dropped below 29,000 on Monday, closing at 28,880.80, as chip and AI stocks lost momentum. Nvidia's earnings on Wednesday are the next key catalyst.

NVDA AMD INTC MU SMH QQQ
Analysts Boost Walmart Targets Ahead of Q1 Earnings Report
Earnings James Calloway

Analysts Boost Walmart Targets Ahead of Q1 Earnings Report

Walmart shares gained 0.8% Monday after multiple Wall Street analysts raised price targets ahead of the retailer's fiscal first-quarter earnings report on Thursday.

WMT