ARW
NYSE · Electrical Equipment
Arrow Electronics Inc
$223.12
-2.32 (-1.03%)
ARW News19 articles
Commodities Rally on WASDE Hopes; S&P 500 Futures Slip on Inflation
Soybean and corn futures rose on anticipation of the USDA's WASDE report, while S&P 500 futures dropped on higher-than-expected inflation data.
Kenvue Stock Rises as Deal Spread Narrows to 2%
Kenvue shares rose 1.7% to $18.72, maintaining a 2% spread below Kimberly-Clark's $19.11 takeover offer, as investors await regulatory clearance and assess Tylenol litigation risks.
Duke Energy Narrows Residential Rate Increase to 11.6% Amid Regulatory Pressure
Duke Energy Carolinas cut its proposed residential rate increase to 11.6% from 18% after opposition from regulators and the attorney general. The new rate requires approval from the North Carolina Utilities Commission and could take effect Jan. 1, 2027.
Plug Power Ends Flat After Volatile Week; Barrow Hydrogen Project Reaches FID
Plug Power shares ended the week unchanged at $3.78 following a volatile trading period. The Barrow Green Hydrogen project reached final investment decision, but cash burn and margins remain key investor concerns.
Realty Income Slips as Treasury Yields Climb; Dividend Spread Narrows
Realty Income shares dropped 1.36% Friday to $61.12, dragged by rising Treasury yields. The REIT declared its 671st consecutive monthly dividend, offering a 5.3% yield.
Sidus Space Q1 Revenue Surges 51%, Net Loss Narrows
Sidus Space posted Q1 revenue of $359,000, up 51% YoY, with a narrower net loss of $5.2 million. Shares rose 12%.
Virgin Galactic Advances 2026 Flight Plans Amid Narrowed Loss and Cash Concerns
Virgin Galactic reported a narrower Q1 loss of $64.7M and confirmed its 2026 flight test schedule, but warned of substantial doubt about its ability to continue as a going concern.
Precigen Surges on Papzimeos Revenue, Narrows Loss in Q1
Precigen (PGEN) shares surged 14% as Q1 revenue of $23.3M beat estimates, fueled by $21.6M from Papzimeos. Net loss narrowed to $7.9M from $54.2M a year ago.
JD.com Surges on Retail Margin Strength, Food-Delivery Losses Narrow
JD.com shares jumped 8.3% in Hong Kong as Q1 revenue and adjusted profit topped expectations, with retail margin expansion and reduced food-delivery losses offsetting a 53% net income drop.
Ballard Power Shares Surge 24% on Narrowed Q1 Loss, Positive Gross Margin
Ballard Power Systems (BLDP) shares surged about 24% after Q1 revenue climbed 26% to $19.4M and net loss narrowed to $0.04 per share, helped by cost reductions and a positive gross margin of 14%.
SiriusXM Shares Rise as Subscriber Losses Narrow, Cash Flow Surges
SiriusXM shares rose 0.9% after Q1 self-pay subscriber losses of 111,000 were far less than expected, while free cash flow surged 205% to $171 million.
Lemonade Shares Dip Despite Strong Q1 Revenue Growth and Narrowed Loss
Lemonade posted a 71% revenue jump and a narrower loss in Q1, yet shares slipped 1.3%. The company raised its 2026 outlook and reiterated its Q4 adjusted EBITDA target.
Boeing Posts Narrower Q1 Loss, But Cash Burn Remains a Concern
Boeing narrowed its Q1 net loss to $7M, revenue rose 14% to $22.2B, but free cash flow was negative $1.5B. The company delivered 143 jets, beating Airbus, and holds a record $695B backlog.
Stellantis Narrows Focus to Four Core Brands as Turnaround Strategy Takes Shape
Stellantis is set to concentrate future investment on Jeep, Ram, Peugeot, and Fiat, while other brands like Chrysler shift to regional roles, according to sources ahead of a May 21 strategy announcement.
Boeing Q1 Loss Narrows on Stronger Jet Deliveries, Cash Burn Persists
Boeing's first-quarter net loss narrowed sharply to $7 million, beating analyst forecasts, driven by a 14% revenue increase. However, the company continued to burn cash, with free cash flow negative at $1.5 billion.
Figma Shares Drop as AI Rivalry Intensifies, Valuation Gap Narrows
Figma shares declined sharply following the launch of Anthropic's Claude Design AI tool, intensifying competition in the design software sector. A new valuation analysis suggests the stock may be overvalued as investors weigh AI's impact on growth.
Kenvue Shares Dip as Kimberly-Clark Slide Narrows Merger Spread
Kenvue shares declined, trading below the value of Kimberly-Clark's cash-and-stock acquisition offer after a slide in the acquirer's stock. The gap reflects persistent investor worries about deal hurdles.
MercadoLibre's Q4 Margins Narrow as Spending Rises; Shares Under Pressure
MercadoLibre shares slipped following a Q4 profit shortfall, as increased investment in logistics and credit expansion pressured margins despite strong revenue growth.
Arrowhead Sees Volatility After S&P MidCap 400 Inclusion, Goldman Eyes 2026 Pipeline
Arrowhead Pharmaceuticals shares experienced heightened trading activity and a slight decline following its transition to the S&P MidCap 400 index. Goldman Sachs reiterated a Neutral stance, highlighting pivotal 2026 clinical data and competitive pressures.