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Tech, Energy, and Autos in Focus as Markets Open Amid Inflation Jitters
U.S. stocks open at record highs Monday, but March inflation surged and factory input costs hit a four-year peak. Oil prices rose on Strait of Hormuz tensions, while Spirit Airlines ceased operations.
McDonald's Shares Dip Ahead of Earnings, New Drink Launch
McDonald's shares slipped 2.37% on Friday as investors await Q1 earnings and a new beverage launch. The company is rolling out six specialty drinks and adding beverage specialist roles at 14,000 U.S. locations.
Strategy Inc. Holds STRC Dividend at 11.5%, Shareholders Vote on Semi-Monthly Payouts
Strategy Inc. keeps STRC dividend at 11.5% and sets $0.958333333 per-share payout. Shareholders vote on switching to semi-monthly dividends, with results at June 8 meeting.
eBay Shares Surge on Q1 Beat and GameStop Acquisition Rumors
eBay shares rose 9% in extended trading following a Q1 earnings beat and reports that GameStop may make a bid for the online marketplace.
DocuSign Shares Gain 4% as AI Contract Platform Faces Key Earnings Test
DocuSign shares climbed 4.3% as the company gears up to report fiscal Q1 results, with the market watching for signs of traction from its AI-driven contract platform.
Vanguard Discloses 5.34% Passive Stake in Kraft Heinz Ahead of Q1 Earnings
Vanguard Capital Management disclosed a 5.34% passive stake in Kraft Heinz (KHC), owning 63.3 million shares, ahead of the company's first-quarter earnings report on May 6.
Zscaler Shares Surge 7% Amid Broader Software Rally Despite Analyst Price Target Reduction
Zscaler shares rose 7% to $139.81 on Friday, driven by a broader software rally after Atlassian raised its forecast, despite a price-target cut by Citizens JMP.
Xanadu Quantum Tech Faces First Earnings Test Since SPAC Debut
Xanadu Quantum Technologies will report Q1 earnings on May 14, its first since listing via SPAC. Focus is on cash burn and progress toward fault-tolerant quantum computing.
Clorox Shares Tumble 9.6% on Lowered Profit Outlook as Energy Costs, Purell Deal Weigh
Clorox slashed its fiscal 2026 profit forecast, sending shares down 9.6%. Rising energy costs, ERP stabilization expenses, and the Purell acquisition are pressuring margins.