$88.44
+1.46 (+1.68%)
EXE News30 articles
Natural Gas Futures Plunge on Milder Weather Outlook; Expand Energy Shares Drop After CEO Departure
U.S. natural gas prices tumbled over 8% to a three-week low as forecasts of warmer temperatures threatened heating demand. Separately, leading producer Expand Energy's stock fell sharply after its CEO announced an exit.
Commodities
Netflix Hits 52-Week Low as Meta Expands TV Reach; Analysts Question 2027 Outlook
Netflix shares dropped to a 52-week low as subscriber churn and Meta's TV expansion weigh. Analysts warn 2027 forecasts leave little room for upside.
Markets
Nokia Surges on Expanded Google Cloud AI Partnership
Nokia shares surged after announcing an expanded AI network-software partnership with Google Cloud, integrating Gemini AI into network management tools, with SaaS launch set for September.
Technology
The Agency Expands in Central America with New Belize Office in Placencia
The Agency has opened its first Belize office in Placencia, expanding its Central America network. The move aims to capture rising foreign buyer interest, though past fraud cases remain a warning for investors.
Markets
Substack Expands into Brand Sponsorships, Hires Ex-Roku Executive
Substack hires Dan Robbins as first head of brand sponsorships, with Uber, T-Mobile, Balenciaga, and Yahoo Scout investing millions in creator deals, marking a shift from subscription-only revenue.
Technology
AmEx to Acquire TheFork from TripAdvisor for $700M, Expanding Dining Network
American Express will acquire TheFork from TripAdvisor for $700 million in cash, expanding its dining network to 75,000 bookable venues and allowing TripAdvisor to focus on its Experiences segment.
Markets
Emirates A380 Network Expands to 48 Cities in July After June Reductions
Emirates will operate the A380 to 48 cities in July, up from 44 in June, after the Iran conflict forced deep schedule cuts. The airline restores superjumbo service on several key routes but keeps some on Boeing 777s.
Markets
FreeCast Stock Surges on Expanded DIRECTV Deal, But Cash Crunch Looms
FreeCast soared after expanding its DIRECTV deal, but the rally masks deep risks: minimal revenue, heavy losses, and a cash crunch.
Markets
Delta Expands Premium Lounge Network at LAX Ahead of 2028 Olympics
Delta Air Lines will launch a second Delta One Lounge at Los Angeles International Airport this summer, boosting premium capacity ahead of new long-haul and domestic routes and the 2028 Olympic Games.
Markets
T1 Energy Expands into Battery Storage with $32M KORE Power Acquisition
T1 Energy (TE) acquires KORE Power for $32 million, entering battery storage and data-center infrastructure. Northland initiates Outperform rating, $16 target.
Markets
Lilly Expands Vaccine Portfolio with $3.83B Triple Acquisition
Eli Lilly acquires Curevo, LimmaTech, and Vaccine Company for up to $3.83B, gaining vaccine candidates for shingles, staph, and Epstein-Barr virus. Shares rose 5%.
Markets
SoFi Launches Bank-Backed Stablecoin for Retail Users, Expanding Crypto Reach
SoFi Technologies launches its bank-issued SoFiUSD stablecoin for nearly 15 million app users, expanding crypto services beyond enterprise clients. Shares trade at $16.17.
Crypto
Micron Shares Rise on AI Memory Demand as DRAM Production Expands
Micron shares climbed 3.7% in premarket trading Tuesday to $779.05, driven by the start of 1-alpha DRAM production at its expanded $2 billion Manassas, Virginia facility.
Technology
Lockheed Martin Expands THAAD Production in Alabama Amid Rising Demand
Lockheed Martin has started construction on a major THAAD interceptor plant in Alabama, aiming to increase output from 96 to 400 units per year amid surging Pentagon demand.
Markets
Goodwill Expands Thrift Network with New Alabama Outlet, Eyes 100 Stores in 2026
Goodwill opens a new store in Sylacauga, Alabama, and prepares for a Maryland location, as part of a plan to open 100 stores in 2026 to meet growing demand for secondhand goods.
Markets
United Airlines Expands Transatlantic Network with Longest 737 MAX 8 Route to Spain
United Airlines will begin nonstop Newark-Santiago de Compostela flights on May 27, using a Boeing 737 MAX 8, marking its longest narrowbody transatlantic route. The carrier also resumed Newark-Glasgow service earlier in May.
Markets
Qualcomm Soars 13% on Expanded Stellantis Auto Chip Deal
Qualcomm shares jumped 12.7% to $240.44 after Stellantis expanded a multi-year partnership to deploy Snapdragon Digital Chassis in next-gen vehicles, including Level 2+ hands-free driving.
Technology
SoFi Technologies to Acquire PrimaryBid, Expanding Retail IPO Access
SoFi Technologies is set to acquire most of PrimaryBid, aiming to expand retail investor access to IPOs. The deal sent SOFI stock up 1.7%.
IPO
Intuit QuickBooks Workforce Expands into AI-Driven HCM, Shares Jump
Intuit launched QuickBooks Workforce, an AI-driven HCM tool for SMBs, expanding into hiring, onboarding, benefits, and performance management. Shares rose 4.8%.
Technology
BMO Expands AI Payments Tool to Boost Mid-Market Sales
Bank of Montreal is expanding its AI-driven payments tool to mid-market clients, leveraging Codat's technology to boost card usage and sales efficiency. A Canadian pilot is planned.
Technology
Uber Expands Robotaxi Operations with Hertz Deal, Shifts Strategy Ahead of Earnings
Uber is expanding its robotaxi operations by partnering with Hertz's Oro Mobility for fleet management, signaling a strategic shift toward direct operations. The move comes ahead of Uber's Q1 earnings.
Technology
JetBlue Expands Routes, Offers Rescue Fares After Spirit's Collapse
JetBlue Airways announced 11 new Fort Lauderdale routes and $99 rescue fares for stranded Spirit Airlines customers after Spirit canceled all flights and began winding down operations.
Markets
Estée Lauder Shares Surge on Expanded Job Cuts and Upgraded Profit View
Estée Lauder raised its fiscal 2026 profit outlook and expanded restructuring, targeting 9,000-10,000 job cuts, as Q3 sales rose 5% to $3.71B. Shares surged about 7%.
Earnings
KeyCorp Expands into Western Europe with Clearwater UK Acquisition
KeyCorp acquires Clearwater UK, marking its first Western Europe advisory platform. The deal, expected to close in late 2026, expands KeyBanc's M&A and debt advisory capabilities.
Markets
GitLab Shares Rise on Expanded Anthropic Claude Integration for AI Coding
GitLab shares climbed 3.2% after expanding its Anthropic partnership, integrating Claude Opus 4.7 into its Duo Agent Platform for enterprise AI coding tools with compliance and audit controls.
Technology
Ackman's Uber Stake Gains Focus as Robotaxi Deal with Lucid Expands
Uber shares rose 2% on renewed attention to Bill Ackman's stake and a $200 million Lucid investment for robotaxis, with a commitment to 35,000 vehicles.
Technology
AXT Raises $632.5M to Expand InP Wafer Production in China Amid AI Boom
AXT raised $632.5 million to boost indium phosphide wafer production in China, betting on AI demand. First-quarter revenue is projected at $26-$28 million, with a net loss up to $2.6 million.
Technology
Lightwave Logic Shares Slide 6.9% as $51.4M Stock Sale Program Expands
Lightwave Logic shares dropped 6.9% to $12.665 after expanding its stock-sale program to $51.4 million. The company reported 2025 net sales of $236,855 and a net loss of $20.3 million.
Technology
Hims Expands Branded GLP-1 Access with Lilly's Zepbound and Foundayo
Hims & Hers Health now offers Eli Lilly's Zepbound and Foundayo via LillyDirect, broadening its branded GLP-1 lineup amid a competitive cash-pay market.
Markets
Nvidia Expands Robotics Ambitions as Chipmakers Signal Sustained AI Demand
Nvidia is advancing its robotics initiatives through an expanded collaboration with Cadence Design Systems, integrating AI models with simulation tools. Concurrently, leading chip manufacturers TSMC and ASML have upgraded their sales outlooks, underscoring robust demand for artificial intelligence hardware.
Technology