Latest News
Cipher Advances 16% as ERCOT Grid Classification Fuels Rally
Cipher Digital stock jumped 16% after ERCOT classified 3.2 GW of Texas data-center demand, awarding conditional base-load status to 1.1 GW. The market sees a clearer grid path, but 2.1 GW still awaits study.
Trump's EU Tariff Threat Over Canada Leaves Markets Unfazed
Trump's conditional tariff threat on Europe over Canada-EU ties drew a muted market response, with European equities edging higher and the euro stable.
Generac's Amazon Deal: $2.4B Deliveries, $8B Warrant Trigger
Generac's Amazon agreement includes $2.4B in expected deliveries for 2027-2028, while the $8B figure is a warrant vesting threshold, not an order commitment. Shares surged 35% premarket.
Fluence Energy Cuts FY2026 Outlook Again as Houston Plant Struggles
Fluence Energy cuts fiscal 2026 revenue outlook to $2.4B and projects a $200M adjusted EBITDA loss, citing ongoing production delays at its Houston plant. Shares fell 20%.
onsemi's 2030 Targets Fail to Impress, Shares Slide 9%
onsemi's 2030 growth plan, featuring $3.5B free cash flow and 53% gross margins, was met with a 9% stock selloff as investors question execution.
Pokémon Anniversary Launch Drives In-Store Traffic for Best Buy
Pokémon's 30th-anniversary card launch drew long queues at Best Buy stores, testing whether the retailer can convert collector demand into sustained foot traffic and sales.
Huntington Cuts 2027 EPS Outlook as Deposit Costs Bite
Huntington Bancshares reduced its 2027 adjusted EPS forecast to $1.75-$1.83, citing deposit pricing and loan growth constraints. Shares dropped 5.55%.
Dollar Surges as Fed Signals Additional 2026 Rate Hike
EUR/USD fell below 1.15 after the Fed raised rates and hinted at another hike, boosting the dollar. The pair traded near 1.1474, down 1.2%.
ASX 200 Rebounds Strongly as Banks Rally Despite Fed Rate Hike
The ASX 200 closed 0.41% higher at 8,732.4, defying a 0.8% futures drop, as big banks rallied. NAB, ANZ, CBA, and Westpac all posted gains.
Malaysia's Crypto Trading Surges 23% but Banks Stay Cautious: Fitch
Malaysia's regulated crypto trading rose 23% to RM17.14 billion in 2025, but Fitch warns banks will adopt cautiously, given market concentration and risks.
Australian Fuel Wholesale Costs Surge as Diesel Outpaces Petrol
Australia's wholesale fuel costs accelerated, with diesel up 16.2 cents to 267.0 cents a litre in four days. Brent crude at $107 drives pressure, with supply cushion easing concerns.
Stellantis Stock Hovers Near 52-Week Low on Weak Margins
Stellantis stock tests 52-week low amid downgrades and thin 1.8% operating margin, despite revenue growth.