D-Wave Shares Climb Ahead of Investor Day, CHIPS Act Funding in Focus
Technology Sarah Chen

D-Wave Shares Climb Ahead of Investor Day, CHIPS Act Funding in Focus

D-Wave Quantum (QBTS) closed Friday at $30.14, up 2.2%, ahead of its June 1 investor day. Focus is on $100 million in proposed CHIPS Act funding, which is not finalized and may dilute shares.

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Carnival Stock Climbs 8% in a Week; Data Breach and Macro Risks Loom
Markets Daniel Marsh

Carnival Stock Climbs 8% in a Week; Data Breach and Macro Risks Loom

Carnival shares gained 8% last week amid a broader cruise rally, but the company faces risks from a recent data breach, fuel price volatility, and upcoming jobs data.

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Hormel Foods Stock Jumps on Earnings Beat, Analysts Cautious on Outlook
Earnings James Calloway

Hormel Foods Stock Jumps on Earnings Beat, Analysts Cautious on Outlook

Hormel Foods shares jumped 12.5% after a strong earnings beat, but analysts remain cautious, maintaining neutral ratings and noting the stock is still far from its 52-week high.

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Nike Stock Retreats After Brief Recovery, Awaiting Q4 Earnings
Markets Daniel Marsh

Nike Stock Retreats After Brief Recovery, Awaiting Q4 Earnings

Nike shares fell 2.41% on Friday, halting a brief rally. The stock remains near its 52-week low as the market looks ahead to a critical Q4 earnings report on June 30.

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Coeur Mining Closes Week on High Note; June Jobs Report Looms as Key Test
Commodities Rebecca Torres

Coeur Mining Closes Week on High Note; June Jobs Report Looms as Key Test

Coeur Mining shares rose 3.93% Friday to $19.32, gaining 9.59% for the week. The stock was buoyed by a gold rebound and continued share repurchases.

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Boston Scientific Tumbles 16% on Watchman Slowdown; Focus Shifts to Monday's Reaction
Markets Daniel Marsh

Boston Scientific Tumbles 16% on Watchman Slowdown; Focus Shifts to Monday's Reaction

Boston Scientific shares fell 16.4% last week after CEO Michael Mahoney warned of declining Watchman usage and flat growth through Q3. Wells Fargo downgraded the stock and slashed its price target.

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Netflix Shares Slide Despite Record Market Highs, Ad Revenue and Pricing in Focus
Markets Daniel Marsh

Netflix Shares Slide Despite Record Market Highs, Ad Revenue and Pricing in Focus

Netflix shares slipped 2.9% to $86.02 despite the S&P 500 and Nasdaq hitting new highs, as investors assess ad revenue, price increases, and content changes.

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Verizon Slips While S&P 500 and Nasdaq Notch Record Highs
Markets Daniel Marsh

Verizon Slips While S&P 500 and Nasdaq Notch Record Highs

Verizon closed at $47.81, down 0.42%, as major indexes hit record highs. The stock lags AI-driven rallies, trading on steady subscriber growth and a 2026 EPS outlook of $4.95–$4.99.

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Verizon Dips as S&P 500 and Nasdaq Hit Record Highs
Markets Daniel Marsh

Verizon Dips as S&P 500 and Nasdaq Hit Record Highs

Verizon closed at $47.81, down 0.42%, while the S&P 500 and Nasdaq reached fresh highs. The stock underperforms amid AI-driven market euphoria.

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Huntington Bancshares Surges on Heavy Volume, Regional Banking Outlook Brightens
Markets Daniel Marsh

Huntington Bancshares Surges on Heavy Volume, Regional Banking Outlook Brightens

Huntington Bancshares jumped 1.49% on double-average volume, outperforming regional peers. Q1 net income hit $523M, adjusted EPS 37¢, and Cadence Bank integration wraps in Q2. Management to present at Morgan Stanley June 9.

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Broadcom Hits Record High as AI Chip Demand Fuels Rally Ahead of Earnings
Technology Sarah Chen

Broadcom Hits Record High as AI Chip Demand Fuels Rally Ahead of Earnings

Broadcom shares hit a record $446.77, up 7.9% for the week, as investors await its June 3 fiscal Q2 report, a key test for AI chip demand.

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Walmart's Friday Slide Sets Up a Critical Monday Open
Earnings James Calloway

Walmart's Friday Slide Sets Up a Critical Monday Open

Walmart closed Friday at $115.75, down 2.65%, as cost pressures and an unchanged full-year outlook weighed on the stock. Monday's open is critical.

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