Latest News
VIX Plunges from 14-Month High as Bitcoin Tops $70K, Oil Crashes 11%
The Cboe Volatility Index fell to 24.93 after hitting 35.3 Monday. Bitcoin climbed above $70,000 as oil prices tumbled, leaving major U.S. stock indexes mixed.
Nokia Executive Offloads €1M in Stock Amid AI Strategy Push
Nokia Oyj's chief customer officer Raghav Sahgal sold 150,000 shares for approximately €1.01 million, a regulatory filing showed. The sale coincides with the firm's intensified focus on AI-driven network upgrades.
Intel Debuts New Edge AI Chips Amid Strategic Restructuring
Intel unveiled its Core Series 2 edge AI processors for industrial systems and a healthcare AI suite at Embedded World, aiming for deterministic performance in factories and patient monitoring.
AeroVironment Cuts Outlook After Space Force Contract Termination
AeroVironment reduced its full-year revenue and earnings guidance following the U.S. government's decision to end the BADGER agreement tied to the Space Force's SCAR program. The company reported a net loss of $156.6 million for its fiscal third quarter.
American Airlines Bolsters Credit Facility to $3.11B Amid Fuel Cost Pressure
American Airlines has expanded and extended its revolving credit facilities to $3.11 billion, maturing in March 2031. The move provides financial flexibility as jet fuel prices surge and the airline carries significant debt.
Royal Caribbean Unveils 2028 Galapagos Sailings Amid Premium Push
Royal Caribbean Group has launched reservations for over 50 Celebrity Cruises Galapagos voyages set for 2028, emphasizing its upscale, destination-focused strategy. The company's stock declined 1.9% alongside peers, while oil prices fell sharply.
S&P 500 Holds Near Highs as Oil Volatility and Fed Outlook Fuel Market Debate
The S&P 500 declined slightly as a dramatic drop in oil prices and shifting Federal Reserve expectations created uncertainty. Wall Street is divided on whether the market is entering a deeper correction.
Barclays Boosts Chip Equipment Forecast, Lifts KLA Shares Ahead of Investor Day
KLA shares advanced Tuesday after Barclays significantly increased its chip equipment spending outlook, driven by AI data center needs. The firm now sees 2026 wafer fab equipment spending rising 24% to $139 billion.
Accenture Shares Dip on Analyst Target Cut Ahead of Q2 Report
Accenture shares declined following a price target cut by Truist, which highlighted concerns over enterprise AI adoption and partner spending ahead of the company's upcoming quarterly results.
Delta Shares Dip on Fuel Cost Spike, Casting Shadow on 2026 Profit Goals
Delta Air Lines shares declined approximately 1% Tuesday as escalating jet fuel expenses, driven by Middle East tensions, pressured its financial forecast. The airline faces $40 million in added annual costs per penny increase in fuel.