Coterra Energy Delisted After Devon Merger, Combined Entity Targets $1B in Synergies
Markets Daniel Marsh

Coterra Energy Delisted After Devon Merger, Combined Entity Targets $1B in Synergies

Coterra Energy shares have stopped trading on the NYSE after Devon Energy completed its all-stock acquisition. Former Coterra holders received 0.70 Devon shares per Coterra share, and the merged firm now trades under DVN.

DVN CTRA EOG FANG
Nebius Shares Surge Ahead of Q1 Earnings as $18 Billion Capex Plan Faces Test
Earnings James Calloway

Nebius Shares Surge Ahead of Q1 Earnings as $18 Billion Capex Plan Faces Test

Nebius Group shares surged to $190.98, approaching record highs, as investors await Q1 earnings. The AI cloud firm's $18 billion capex target and major deals with Meta and Microsoft are key.

NBIS
Pfizer's Recovery Play: Can New Drugs Offset Patent Cliff?
Markets Daniel Marsh

Pfizer's Recovery Play: Can New Drugs Offset Patent Cliff?

Pfizer stock gains on Q1 beat and steady outlook, but investors weigh patent cliff risks against new oncology and GLP-1 drug prospects.

PFE
BigBear.ai Director Sells Shares as Defense AI Backlog Grows
Technology Sarah Chen

BigBear.ai Director Sells Shares as Defense AI Backlog Grows

BigBear.ai director Dorothy Hayes sold 15,000 shares for $61,575 on May 8, following a report of a $281.9 million backlog and reaffirmed 2026 revenue guidance.

BBAI
Blue-Chip Dow Edges Higher as Oil Surge Tests Rally
Markets Daniel Marsh

Blue-Chip Dow Edges Higher as Oil Surge Tests Rally

The Dow edged up 85.76 points Monday as oil jumped 3% on US-Iran tensions, while the S&P 500 and Nasdaq held gains ahead of Tuesday's CPI report.

DIA SPY QQQ USO XLE AAPL INTC QCOM LUV DAL UAL
Wall Street Hits New Peaks as Oil Surge Tests Rally
Markets Daniel Marsh

Wall Street Hits New Peaks as Oil Surge Tests Rally

The S&P 500 and Nasdaq closed at fresh records Monday, driven by chipmakers and energy, as oil's jump on stalled US-Iran talks and looming CPI data test the rally's strength.

SPY QQQ DIA INTC QCOM NVDA CSCO AMAT AAL DAL UAL USO HSBC
Nvidia Stock Split Speculation Resurfaces Ahead of Q1 Earnings
Technology Sarah Chen

Nvidia Stock Split Speculation Resurfaces Ahead of Q1 Earnings

Nvidia shares climbed 2% Monday, reigniting stock split chatter ahead of its Q1 fiscal 2027 earnings report due May 20. The company also announced major AI infrastructure deals.

NVDA IREN GOOGL INTC AMD
Navitas Soars 18% on India's First GaN Power IC Launch for AI Data Centers
Technology Sarah Chen

Navitas Soars 18% on India's First GaN Power IC Launch for AI Data Centers

Navitas Semiconductor shares surged 18% Monday after Cyient Semiconductors unveiled India's first GaN power IC lineup, built with Navitas tech for AI data centers, telecom, and EV charging.

NVTS IFNNY
Broadcom Surpasses Tesla, Meta, Walmart on $100B AI Chip Bet
Technology Sarah Chen

Broadcom Surpasses Tesla, Meta, Walmart on $100B AI Chip Bet

Broadcom's market value reached $2.11 trillion, surpassing Tesla, Meta, and Walmart, as its AI chip revenue soared 106% to $8.4 billion, driven by long-term deals with Google and Meta.

AVGO GOOGL META AMZN MSFT NVDA AMD
VTI vs ITOT: Low-Cost Total Market ETFs Face Tech-Heavy Risk
Markets Daniel Marsh

VTI vs ITOT: Low-Cost Total Market ETFs Face Tech-Heavy Risk

VTI and ITOT, two low-cost total market ETFs, saw inflows on May 7 as U.S. equity funds attracted $5.83B. Both remain heavily weighted toward big tech, raising concentration risk.

VTI VOO NVDA AAPL GOOGL MSFT AMZN
ServiceNow's $30B AI Revenue Goal Faces KeyBanc Skepticism
Analysis Daniel Marsh

ServiceNow's $30B AI Revenue Goal Faces KeyBanc Skepticism

KeyBanc stays bearish on ServiceNow even after the company projected over $30 billion in subscription revenue by 2030, flagging slowing bookings growth.

NOW MSFT NVDA CRM ORCL
GCT Semiconductor Shares Jump on Satellite 5G Platform Deal Ahead of Q1 Earnings
Technology Sarah Chen

GCT Semiconductor Shares Jump on Satellite 5G Platform Deal Ahead of Q1 Earnings

GCT Semiconductor shares rose to $1.88 after hours on a satellite reference-platform deal. Q1 earnings due May 12 with expected loss of 13 cents per share on $1.77M revenue.

GCT