Latest News
American Airlines CEO Keeps Guidance Steady Amid Rising Fuel Costs
American Airlines CEO Robert Isom says strong revenue and premium bookings offset higher fuel costs, keeping full-year guidance unchanged despite a $4-5 billion fuel bill increase.
Ambev Stock Near Multi-Year Highs as Analyst Views Diverge Sharply
Ambev shares hover near multi-year highs as analysts split on the brewer's pricing power and volume outlook after Q1 earnings.
DraftKings Surges as Railbird Exchange Certifies Sports Event Contracts with CFTC
DraftKings shares rose 5.3% to $25.07 after Railbird Exchange certified six sports event-contract templates with the CFTC, marking a key step into federally regulated prediction markets.
Salesforce Revenue Forecast Disappoints, AI Worries Resurface
Salesforce reported Q1 revenue above expectations, but Q2 guidance fell short, reigniting AI concerns. Shares edged lower.
Snowflake Stock Surges 29% on $6 Billion AWS Deal and Raised Outlook
Snowflake raised its fiscal 2027 product revenue outlook to $5.84 billion and signed a $6 billion, five-year AWS deal focused on AI and Graviton chips, sending shares up 29% after hours.
Independent Bank Corp Stock Dips on HCB Buyout Prospectus Release
Independent Bank Corporation shares slipped 0.8% after releasing a prospectus for its $70.2 million acquisition of HCB Financial Corp, with a shareholder vote scheduled for June 17.
Dow Hits Record High as Oil Plunges; AI Stocks Take a Breather
The Dow Jones Industrial Average closed at a record high of 50,650.76 on Wednesday, lifted by healthcare and consumer stocks, as oil prices tumbled and AI-related shares cooled.
Dow Jones Industrial Average Reaches New All-Time High as AI Rally Pauses
The Dow Jones Industrial Average hit a record close of 50,650.76 on Wednesday, driven by healthcare and consumer stocks, while the broader market paused after an AI-led surge. Chip stocks cooled, and energy shares fell with crude oil.
Meta Launches Paid AI Tiers, Stock Rises on New Revenue Path
Meta shares rose 3.9% after the company introduced paid subscription tiers for its social apps and Meta AI, signaling a potential new revenue source beyond advertising.
Cipher Digital Stock Surges on AI Data Center Expansion Plans
Cipher Digital shares surged 9.5% to $25.21, approaching a 52-week high, as the company announced new AI data center leases and a $200 million credit facility.
UiPath Stock Holds Steady Ahead of Q1 Results; AI Agent Strategy Under Spotlight
UiPath shares edged lower Wednesday as investors await fiscal Q1 results. The AI automation firm faces tough competition but is betting on agentic AI to drive growth.