Latest News
SanDisk Gains on AI Storage Demand Amid Broader Market Caution
SanDisk shares advanced 2.8% on Monday, outperforming the S&P 500, as strong AI infrastructure demand drove quarterly revenue growth of 61%. The company extended its manufacturing joint venture with Kioxia through 2034.
Major Investors Reduce Pfizer Holdings Amid Growth Transition
Three institutional investors trimmed their Pfizer positions by a combined 740,174 shares in the fourth quarter, filings show, as the pharmaceutical giant navigates its post-pandemic transition.
SCHD ETF Sees Strong Q1 Inflows After Dividend Hike and Portfolio Overhaul
The Schwab U.S. Dividend Equity ETF (SCHD) reported a 3.3% dividend increase and $4 billion in first-quarter inflows following a significant portfolio reshuffle that boosted healthcare and tech exposure while reducing energy holdings.
Boeing's Q1 Report Pivotal as Record Backlog Meets Execution Doubts
Boeing shares rose 1.4% Monday amid a split analyst view ahead of first-quarter results. The aerospace giant's massive order book contrasts with persistent safety issues and financial pressures.
IBM's AI Ambitions Face Crucial Earnings Test Amid Mainframe Concerns
IBM shares slipped 0.7% to $246.43 Monday as investors focused on the upcoming April 22 earnings report, a key test for the company's AI strategy amid persistent concerns about mainframe demand and consulting performance.
Applied Digital's Q3 Report to Test AI Data Center Strategy Amid Heavy Debt
Applied Digital's fiscal third-quarter results, due after Wednesday's close, will gauge whether lease revenue can offset a significant new debt load tied to its AI data center expansion. Options imply a 16.5% stock move.
Delta Axes LA-Anchorage Summer Route Amid Soaring Fuel Costs, Airport Delays
Delta Air Lines has canceled its planned summer nonstop service between Los Angeles and Anchorage, citing skyrocketing fuel expenses. Concurrently, Ted Stevens Anchorage International Airport is experiencing significant delays due to slush and deicing operations.
Plug Power Secures Major Quebec Electrolyzer Deal, Shares Edge Higher
Plug Power's stock gained in premarket trading following a significant electrolyzer contract award in Quebec. The company continues to target a financial turnaround by the end of 2026.
Deere's Tarter Partnership Targets Farm Implement Demand Amid Equipment Slowdown
Deere & Co. has partnered with Tarter USA to launch American-made Frontier flex-wing rotary cutters, targeting farmers who are delaying large equipment purchases but still buying implements. The company's shares gained 0.8% as initial dealer orders exceeded expectations.
Nokia AGM to Decide Leadership, Capital Return as AI Strategy Takes Shape
Nokia shareholders will vote on a new chair and expanded capital return powers at Thursday's AGM, with the company navigating a strategic shift toward AI-driven networking ahead of quarterly earnings.
