Nifty 50 Reclaims 24,000 as Crude Plunge Fuels Indian Stock Rally
Markets Daniel Marsh

Nifty 50 Reclaims 24,000 as Crude Plunge Fuels Indian Stock Rally

Indian benchmarks rallied Monday, with the Nifty 50 closing above 24,000 and the Sensex gaining over 1,000 points, as Brent crude fell below $100 on US-Iran peace progress.

Bitcoin Holds Above $77K as Oil Slides on Iran Talks Progress
Crypto Sarah Chen

Bitcoin Holds Above $77K as Oil Slides on Iran Talks Progress

Bitcoin held above $77,000 on thin holiday trading, with oil prices falling over 4% on U.S.-Iran talks progress. Spot bitcoin ETFs saw net outflows of $1.26 billion from May 18-22.

USO GLD
Barclays Shares Rally on Profit Growth and Shareholder Returns Plan
Earnings James Calloway

Barclays Shares Rally on Profit Growth and Shareholder Returns Plan

Barclays shares have climbed nearly 30% over the past year after reporting a 6% income increase to £8.2 billion and raising its return on tangible equity target above 14% by 2028. The bank plans to return over £15 billion to shareholders from 2026 to 2028.

BCS
Netflix Ad Strategy Nears $3B Milestone as Wall Street Evaluates Growth
Earnings James Calloway

Netflix Ad Strategy Nears $3B Milestone as Wall Street Evaluates Growth

Netflix shares ended Friday at $88.60, up 1.8% for the week, as investors analyzed its ad-tier growth and $25B buyback plan.

NFLX GOOGL AMZN DIS
ServiceNow Rebounds; Market Weighs AI Impact Ahead of Holiday Break
Technology Sarah Chen

ServiceNow Rebounds; Market Weighs AI Impact Ahead of Holiday Break

ServiceNow shares rose 2.45% to $102.13 Friday, adding 7.4% for the week. BofA reinstated coverage with a Buy rating and $130 target.

NOW CRM SAP ORCL MSFT
Stellantis Unveils 2030 Strategy Amid Cash Flow Concerns
Markets Daniel Marsh

Stellantis Unveils 2030 Strategy Amid Cash Flow Concerns

Stellantis shares rose slightly after CEO Antonio Filosa unveiled a five-year plan targeting €190B revenue by 2030, though cash flow remains a concern.

STLA
Eos Energy Shares Dip Ahead of Holiday as Frontier Deal Advances
Markets Daniel Marsh

Eos Energy Shares Dip Ahead of Holiday as Frontier Deal Advances

Eos Energy shares fell to $8.06 Friday after Frontier Power USA agreed to purchase 480 MWh of Texas battery-storage projects using Eos Z3 systems, marking the first project under a 2 GWh reservation.

EOSE
BitMine Stock Gains Russell 3000 Inclusion Ahead of Holiday-Shortened Week
Crypto Sarah Chen

BitMine Stock Gains Russell 3000 Inclusion Ahead of Holiday-Shortened Week

BitMine Immersion Technologies (BMNR) has been named to the preliminary Russell 3000 additions list. Shares closed Friday at $18.88, down 3.7%, losing about 5% for the week.

BMNR MARA IREN
AT&T Rises 5% Ahead of Holiday; New Plan and $19B California Pledge in Focus
Markets Daniel Marsh

AT&T Rises 5% Ahead of Holiday; New Plan and $19B California Pledge in Focus

AT&T shares rose 5.1% last week, outperforming the S&P 500, as the company unveiled a $15 wireless plan and a $19 billion California investment pledge.

T VZ TMUS CMCSA
Aurora Innovation Shares Slip Ahead of Holiday; Focus on Autonomous Truck Rollout
Markets Daniel Marsh

Aurora Innovation Shares Slip Ahead of Holiday; Focus on Autonomous Truck Rollout

Aurora Innovation shares fell 8.3% over five days to $7.07 ahead of Memorial Day, as the company reported a $244M operating loss on $1M revenue and outlined plans to deploy over 200 driverless trucks by year-end.

AUR
Ambev Shares Hold Ground as Brazilian Trading Resumes Before US Holiday
Earnings James Calloway

Ambev Shares Hold Ground as Brazilian Trading Resumes Before US Holiday

Ambev's São Paulo shares edged down 1.83% on Friday but posted a 2.6% weekly gain, supported by strong Q1 earnings. With US markets closed for Memorial Day, Brazilian trading offers an early test for the stock.

Bradesco Shares Decline Ahead of GDP Data; Brazil Bank Rally Stalls
Markets Daniel Marsh

Bradesco Shares Decline Ahead of GDP Data; Brazil Bank Rally Stalls

Bradesco's preferred shares fell 1.56% as Brazil's banking sector rally stalled. Q1 recurring net income rose 16.1%, but GDP data due May 29 could test the recovery.