Latest News
Lockheed Martin Secures $407M Aegis Upgrade for Guam Amid Pacific Defense Surge
Lockheed Martin secures a $407.2M Pentagon contract modification to advance Aegis missile defense for Guam, bringing total project value to about $1.94B. Work runs through December 2029.
Constellation Energy Q1 Earnings: AI Data Center Demand, Calpine Deal in Focus
Constellation Energy reports Q1 earnings Monday, with investors focused on AI data center power demand, Calpine integration progress, and the Three Mile Island restart timeline.
TXN Stock Flirts with Record High After Analyst Lifts Earnings Forecast
Texas Instruments stock closed near a record high after Zacks Research boosted its Q2 earnings forecast, reflecting strong demand from industrial and data center markets.
Carvana Stock Split Completed: Focus Returns to Profitability Metrics
Carvana's 5-for-1 stock split is now effective, with shares closing at $77.94. The focus shifts to the company's ability to sustain profit improvements amid rising costs.
Nokia ADR Rebounds as AI Cloud Sales Surge, but Execution Test Looms
Nokia's ADR rose 3.81% on Friday, recovering from a mid-week selloff, after first-quarter AI and cloud sales jumped 49%. Bank of America upgraded the stock, but margin pressure remains a risk.
Ryan Cohen Intensifies $55.5 Billion eBay Bid, Threatens Shareholder Appeal
GameStop CEO Ryan Cohen is pushing forward with a $55.5 billion bid for eBay, threatening a direct appeal to shareholders if the board resists. eBay shares trade below the offer price.
P&G's $1.5B Automation Push Faces Margin Squeeze from Oil and Tariffs
P&G rolls out its Supply Chain 3.0 automation program for $1.5B in savings, but faces a $1B profit hit from rising oil prices and tariffs.
Bahamas Election Ban Halts Onshore Alcohol Sales at Royal Caribbean's CocoCay
Royal Caribbean guests at CocoCay will be unable to purchase alcohol onshore May 12 due to the Bahamas' election-day liquor ban. Shipboard service continues, but the restriction adds guest frustration.
Coca-Cola Chairman Quincey Files to Sell $15.7M in Stock After 15% Rally
Coca-Cola Chairman James Quincey filed to sell 200,000 shares valued at $15.7 million, following a 15% stock gain this year. The company recently raised its earnings outlook.
Realty Income Launches $150M Share Sale Plan to Fund Growth
Realty Income Corp has initiated a new stock-sale program for up to 150 million shares, replacing a prior plan. The move supports its raised 2026 investment target and broader funding strategy.
Nvidia's Multi-Billion Dollar Prepayment Fuels Corning's AI Data Center Expansion
Nvidia has prepaid Corning several billion dollars to fund new U.S. factories, expanding optical fiber production for AI data centers and boosting Corning's long-term sales targets.
Western Digital Surges as AI Storage Demand Fuels Rally
Western Digital shares jumped 3.5% as AI storage demand drives the stock higher. The company's pure-play HDD focus and strong earnings outlook support the rally.