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Starbucks Faces Key Resistance After Announcing $400M Restructuring
Starbucks shares hover near 52-week highs after the coffee giant revealed a $400 million restructuring plan involving 300 corporate job cuts and regional office closures, part of CEO Brian Niccol's turnaround strategy.
NextEra Energy Stock Drops on $400B Dominion Merger Report
NextEra Energy shares dropped 2.42% to $93.36 Friday following a report of potential merger talks with Dominion Energy that could value the combined entity at $400 billion.
Atlassian Stock Rebounds on Friday, AI Monetization in Focus Next Week
Atlassian shares surged 8% on Friday, recovering from weekly losses, as Truist Securities reiterated a Buy rating with a $100 target, citing AI monetization as a key focus after the Team 26 event.
SolarEdge Surges Nearly 50% in a Week; Monday Session Could Define Trend
SolarEdge shares surged nearly 50% in a week, closing Friday at $61.76. The rally was fueled by Q1 revenue, strong Q2 guidance, and tax-credit deadline demand. Monday's session will test the breakout.
UiPath shares gain 6% ahead of Q1 earnings report
UiPath shares surged 6.2% to $10.27 on Friday, outperforming a declining tech sector, as traders await the company's fiscal Q1 earnings on May 28.
Berkshire Hathaway Reveals Macy's Stake, Stock Jumps After Hours
Berkshire Hathaway disclosed a 3 million share stake in Macy's, worth about $55 million, lifting shares 6.3% after hours. The retailer faces a tough outlook.
Berkshire Exits UnitedHealth Stake, Stock Faces Monday Pressure
Berkshire Hathaway's disclosure that it sold its UnitedHealth stake in Q1 sent shares down 1.31% to $393.85, with after-hours trading at $375.46. The stock faces Monday pressure.
Berkshire's $2.65B Delta Stake Sparks After-Hours Rally
Delta Air Lines shares surged 3.2% in after-hours trading after Berkshire Hathaway revealed a $2.65 billion stake, its first airline investment since 2020. The move comes amid rising fuel costs and strong travel demand.
American Eagle Jet Evacuated at Kansas City After Cabin Odor
American Eagle Flight 5318 evacuated at Kansas City after cabin odor; no injuries. FAA investigates amid renewed safety focus.
Netflix Stock Holds Steady as Ad Tier Reaches 250M Users
Netflix shares ended the week at $87.02, nearly unchanged, as the company revealed its ad-supported service now has 250 million global monthly active viewers and plans to expand to 15 more countries by 2027.
Tesla's China FSD Hopes Fade; Stock Faces Key Test Monday
Tesla shares slid 4.75% on Friday as hopes for a China FSD approval faded after Trump's Beijing summit. The broader market also fell, with the S&P 500 down 1.2%.