Latest News
Exxon Mobil Shares Decline on Ex-Dividend Date Amid Weaker Oil Price Outlook
Exxon Mobil stock fell 0.8% to $154.31 as it traded ex-dividend for a $1.03 quarterly payout, while Brent crude dropped 0.6% following an IEA demand forecast cut and larger-than-expected U.S. inventory build.
Oracle Shares Dip Despite Securing $88M Air Force Cloud Contract
Oracle stock edged lower despite announcing a major U.S. Air Force cloud contract and a CMS migration deal, as investor focus shifts to inflation data and cloud funding plans.
Vertiv Shares Climb on Robust Data Center Demand, Backlog Hits $15 Billion
Vertiv Holdings extended its rally after reporting a 252% surge in organic orders and raising its 2026 outlook, with backlog reaching $15 billion. The company cited strong hyperscale and colocation demand.
Robinhood Shares Drop on Crypto Revenue Shortfall, Investors Eye March Event
Robinhood stock declined nearly 6% after quarterly revenue missed expectations, driven by a 38% drop in cryptocurrency trading income. The company's spending outlook and former CFO stock sale added to investor concerns.
Palantir Shares Decline Despite Defense Cloud Approval and Airbus Partnership Renewal
Palantir Technologies stock fell 1.3% to $133.85 in Thursday trading, underperforming tech peers. The company secured new U.S. defense cloud authorizations and extended its Airbus Skywise partnership.
AMD Shares Edge Higher Despite Insider Sale Plans, Market Eyes Inflation and Nvidia
AMD stock rose slightly as CEO Lisa Su filed to sell shares under a prearranged plan. Investors are focused on upcoming inflation data and Nvidia's earnings report.
Amazon Shares Dip Amid Italian Tax Investigation, AI Spending Concerns Weigh
Amazon stock declined following reports of a new Italian tax probe, extending a sharp February sell-off. Investor focus remains on the company's massive planned AI investments and competitive pressures.
Cisco Plunges on Margin Squeeze Despite Revenue Boost
Cisco shares tumbled nearly 10% as rising memory costs pressured profitability, overshadowing an improved revenue forecast. The company expects further margin compression next quarter.
Micron Surges on HBM4 Shipment News Amid AI Memory Supply Crunch
Micron shares rose 5% after confirming HBM4 shipments, with CFO warning demand will outstrip supply beyond 2026. Analysts boosted price targets citing AI-driven constraints.
Meta Shares Dip Amid $10B AI Data Center Launch and Ackman's $2B Bet
Meta Platforms stock declined nearly 1% as the company began construction on a massive $10 billion Indiana data center, while Pershing Square disclosed a major stake. The tech giant anticipates capital expenditures to surge to $115–$135 billion in 2026.
Nvidia Gains on AI Data Center Expansion and Evolving China Export Policy
Nvidia shares advanced as Nebius Group announced a major data center investment and U.S. lawmakers indicated potential flexibility on certain chip exports to China.
Smurfit Westrock Shares Gain 3% on 2030 Profit Targets, Buyback Outlook
Smurfit Westrock stock climbed 3% after the packaging firm unveiled ambitious 2030 financial goals and signaled potential share repurchases starting in 2027.