Latest News
Ryan Cohen Intensifies $55.5 Billion eBay Bid, Threatens Shareholder Appeal
GameStop CEO Ryan Cohen is pushing forward with a $55.5 billion bid for eBay, threatening a direct appeal to shareholders if the board resists. eBay shares trade below the offer price.
P&G's $1.5B Automation Push Faces Margin Squeeze from Oil and Tariffs
P&G rolls out its Supply Chain 3.0 automation program for $1.5B in savings, but faces a $1B profit hit from rising oil prices and tariffs.
Bahamas Election Ban Halts Onshore Alcohol Sales at Royal Caribbean's CocoCay
Royal Caribbean guests at CocoCay will be unable to purchase alcohol onshore May 12 due to the Bahamas' election-day liquor ban. Shipboard service continues, but the restriction adds guest frustration.
Coca-Cola Chairman Quincey Files to Sell $15.7M in Stock After 15% Rally
Coca-Cola Chairman James Quincey filed to sell 200,000 shares valued at $15.7 million, following a 15% stock gain this year. The company recently raised its earnings outlook.
Realty Income Launches $150M Share Sale Plan to Fund Growth
Realty Income Corp has initiated a new stock-sale program for up to 150 million shares, replacing a prior plan. The move supports its raised 2026 investment target and broader funding strategy.
Nvidia's Multi-Billion Dollar Prepayment Fuels Corning's AI Data Center Expansion
Nvidia has prepaid Corning several billion dollars to fund new U.S. factories, expanding optical fiber production for AI data centers and boosting Corning's long-term sales targets.
Western Digital Surges as AI Storage Demand Fuels Rally
Western Digital shares jumped 3.5% as AI storage demand drives the stock higher. The company's pure-play HDD focus and strong earnings outlook support the rally.
Amkor Technology Gains 6% After Closing $1.15B Convertible Note Deal
Amkor Technology shares rose 6% to $76.61 after the company completed a $1.15 billion convertible note offering to expand its advanced packaging capacity.
Constellation Energy Q1 Earnings: AI Power Demand in Focus
Constellation Energy (CEG) reports Q1 earnings Monday with AI data center power demand in focus. Options imply a 7% swing, with analysts projecting $2.57 EPS. The Calpine deal and cautious guidance weigh on sentiment.
Virgin Galactic Shares Jump 17% Ahead of Crucial Q1 Earnings Report
Virgin Galactic shares surged 17.1% to $2.94 on heavy volume ahead of its Q1 earnings report, as investors await updates on cash position and commercial flight timeline.
Old National Bank and Indiana Fever Launch Co-Branded Cards for WNBA Season
Old National Bank and the Indiana Fever launched co-branded debit and credit cards and checks as the WNBA season began, expanding their partnership with small-business promotions.
Zoom Stock Tests Highs as AI Strategy Faces Earnings Verdict
Zoom Communications stock closed near highs ahead of its May 21 earnings report, which will test investor confidence in its AI push and recent leadership change.