Latest News
Mexico's International Air Travel Decline Deepens in May
International passenger traffic at Mexico's three listed airport groups dropped in May, with resort hubs hit hardest, as rising fuel costs and engine issues weigh on airline valuations.
SpaceX IPO Honeymoon Fades as Lockups, ETF Flows, and Retail Rules Stir Volatility
SpaceX shares closed at $185 in its first public week, down from a high of $225.64, as ETF flows, lock-up expirations, and retail restrictions add supply concerns.
Germany's Pension Reform Plan: Retirement Age to 68 by 2051, State Fund Proposed
Germany's pension commission recommends raising the retirement age to 68 by 2051 and establishing a state-run investment fund, challenging Chancellor Merz's coalition as aging population strains public finances.
AbbVie Nears $10.9B Apogee Takeover, Healthcare Stocks in Focus
AbbVie is reportedly close to acquiring Apogee Therapeutics for $10.9 billion in cash, offering a roughly 60% premium. A deal could be announced Monday, putting healthcare stocks in the spotlight.
Energy Stocks on Edge as Strait of Hormuz Closure Roils Markets
The Energy Select Sector SPDR Fund fell 6.6% as Iran's Strait of Hormuz blockade halted tanker traffic. U.S. energy stocks like Exxon Mobil, Chevron, and ConocoPhillips face potential swings when markets reopen Monday.
Chip Stocks Rally as Micron Earnings and Inflation Data Approach
Tech stocks edged higher in a holiday-shortened week, led by chip names. Intel jumped 10.6% after President Trump said Apple would work with Intel on U.S. chip design. All eyes are on Micron's earnings and key inflation data.
Israeli Drone Maker UVision Targets $4B Nasdaq IPO Amid Defense Market Shifts
Israeli defense firm UVision Air, controlled by Aaron Frankel, targets a $3.5-4 billion valuation in its Nasdaq IPO set for July or August, aiming to raise $500 million to $1 billion.
MELI Edges Higher as Investors Eye Growth Spending Amid Ownership Shift
MercadoLibre shares rose 2.9% last week, but remain down 18.82% YTD. An internal estate-planning trust transfer left ownership unchanged, while investors weigh heavy growth spending in Brazil and Mexico.
Vistra Gains on AI Data Center Demand; Ex-Dividend Date Approaches
Vistra surged 10.6% in a holiday-shortened week as AI data center demand boosted power producers. The stock goes ex-dividend Monday, with analysts maintaining bullish targets up to $230.
Home Depot Gains 2.1% as Housing Data Clouds Outlook
Home Depot shares climbed 2.1% in a shortened week, but soft housing data and upcoming new-home sales figures keep the outlook uncertain. The company reaffirmed its 2026 targets.