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FA News30 articles
Newell Brands Stock Soars 25% on First Sales Growth in Four Years
Newell Brands (NWL) surged 25% after posting its first core sales growth in over four years and receiving $126 million in tariff refunds, prompting a raised full-year forecast.
First Solar Shares Surge 3.4% on Q2 Earnings Beat, Boosted by Tariff Refund
First Solar (FSLR) shares surged 3.4% after Q2 earnings of $3.92 per share topped the $2.99 consensus, with a $88.6 million tariff refund lifting gross margin to 57.3%. Revenue matched forecasts at $1.06 billion.
Second-Home Mortgage Originations See First Annual Gain in Four Years, Wealthy Buyers Drive Recovery
U.S. second-home mortgage originations increased 4.1% in 2025, the first annual gain in four years, though activity is still 65% below the 2021 record. High-income borrowers accounted for 85.2% of loans.
Molina Healthcare Shares Tumble as First-Half EPS Covers 73.5% of 2026 Floor
Molina Healthcare shares fell 9.4% after hours despite an earnings beat, as first-half adjusted EPS of $3.86 covers 73.5% of the 2026 floor, leaving a $1.39 gap to the full-year floor.
Saudi Aramco Opens First Philippine Branded Station in Sucat
Saudi Aramco opened its first branded station in the Philippines, selling ProForce gasoline at a 6.9% premium. The launch follows its 2025 acquisition of a 25% stake in Unioil.
UK Mortgage Rates Fall but High LTV Deals Shrink, First-Time Buyers Face Hurdles
UK mortgage rates fall to 5.52% for two- and five-year fixes, but 95% LTV deals drop 3.4%, limiting options for first-time buyers.
FCC Approves Reflect Orbital's First Sunlight-Reflecting Satellite; Startup Eyes 50,000 Satellites by 2035
The FCC has approved Reflect Orbital's first test satellite, Earendil-1, marking a small step toward the startup's goal of deploying 50,000 satellites by 2035 to beam sunlight to Earth.
Delta Premium Revenue Surpasses Main Cabin for First Time
Delta Air Lines (DAL) reported premium ticket revenue exceeded main cabin for the first time in Q2 2026, with a $517 million shift in revenue mix.
Palantir Gains on First Latin American Commercial Customer GNP Seguros
Palantir (PLTR) edged up 2.1% on Tuesday after announcing GNP Seguros as its first commercial customer in Latin America, signaling international growth.
Ohio Heatwave Eases FirstEnergy Outages as Lakewood Scrutiny Persists
FirstEnergy outages in Cuyahoga County dropped 53% by evening, but Lakewood officials continue to criticize the utility amid a heat wave.
Discovery Mining Surges C$648M in Market Cap on First Day Under New Name
Discovery Mining Ltd. (TSE:DSV) shares surged 8.8% on its first trading day under the new name, adding about C$648 million in market value.
Opendoor Shares Rally 5% on First Day in Russell 3000 Index
Opendoor (OPEN) jumped 5.26% on its Russell 3000 debut, with volume surging to 78.32 million shares. Short interest remains elevated at 16.08% of float.
Costco Set to Open First Pensacola Warehouse on June 25
Costco opens its first Pensacola warehouse on June 25, entering a market with Sam's Club and BJ's. The company reported 11.6% Q3 sales growth and aims for 30+ new openings per year.
SpaceX Shares Dip 4.85% in First Full-Session Decline Since IPO
SpaceX shares fell 4.85% to $191.82 in premarket trading, their first full-session decline since the IPO, as investors assess valuation, index flows, and a short trading week.
SpaceX Drops 5% in First Full-Session Loss Since IPO
SpaceX dropped 5% to $192, its first full-session loss since the IPO. The decline came amid a broader market selloff after the Fed signaled a possible rate hike.
Eos Energy Surges on First European Storage Deal, Production Milestone
Eos Energy shares surged 11.7% on news of a binding supply agreement for the DACH region and the start of commercial production at its second battery line, signaling growing demand and scaling capacity.
Warsh's First Fed Meeting Holds Rates Steady Amid Iran Deal Oil Drop
The Fed held rates steady at 3.50%-3.75% in Kevin Warsh's first meeting, with markets focused on his rate forecast stance, as an interim Iran deal eased oil risk.
SpaceX Soars 19% on Nasdaq Debut, Musk Becomes First Trillionaire
SpaceX surged 19% on its first trading day, closing at $160.95 and achieving a $2.1 trillion market cap. Elon Musk's net worth hit trillionaire status, while Virgin Galactic and Rocket Lab shares fell sharply.
Elon Musk on Track to Become First Trillionaire After SpaceX IPO
Elon Musk is poised to become the world's first trillionaire after SpaceX's IPO, with a valuation of $1.77 trillion, pushing his fortune over the trillion-dollar mark.
Sheetz Accelerates Wilmington Expansion with First Brunswick County Store Plans
Sheetz is expanding into Leland, North Carolina, with plans for its first Brunswick County store and $15/hour job postings, while facing safety challenges after a road-rage shooting at an Ohio location.
UiPath Shares Slide 5% Despite First GAAP Profit as AI Selloff Continues
UiPath shares dropped 5% to $10.63 amid a broad tech selloff, even after the company posted its first GAAP profit and raised its full-year outlook.
Berkshire's $16.8B Bet: Abel's First Big Move as CEO
Berkshire Hathaway shares jumped 1.98% after CEO Greg Abel's first major capital moves: a $6.8 billion Taylor Morrison buyout and a $10 billion Alphabet private placement.
AI Memory Boom Drives DRAM ETF to $13.4 Billion in First Two Months
Roundhill Memory ETF (DRAM) saw $553.7 million in new inflows on May 29, pushing assets to $13.36 billion, as investors pile into AI-memory exposure. The fund focuses on high-bandwidth memory, DRAM, and NAND stocks.
Mueller Industries Announces 2-for-1 Stock Split After Record First Quarter
Mueller Industries will execute a 2-for-1 stock split on July 1, 2026, after posting record first-quarter earnings. The split doubles outstanding shares to 221.1 million.
Bitcoin Slips Below $70K After Strategy's First-Ever BTC Sale
Bitcoin dropped under $70,000 after Strategy disclosed its first bitcoin sale, while U.S. spot bitcoin ETFs posted 11 straight days of redemptions totaling $3.45 billion.
Strategy Inc. Sells Bitcoin for First Time Since 2022 to Fund Dividends
Strategy Inc. sold 32 bitcoin for $2.5 million to fund preferred dividends, its first sale since 2022. Shares fell 5.9% as the market eyes the shift from pure accumulation.
UiPath Stock Surges on AI Agent Adoption and First GAAP Profit
UiPath shares surged nearly 10% after reporting Q1 revenue of $418M, raising fiscal 2027 guidance, and posting its first GAAP profit. AI agent tools featured in 16 of 20 top deals.
Berkshire's First Major Deal Under Abel: Taylor Morrison Acquisition
Berkshire Hathaway will acquire Taylor Morrison for $72.50 per share, a 24% premium, valuing the builder at $8.5 billion. Shares jumped 22% premarket.
UiPath Posts First GAAP Profit, AI Push Fails to Lift PATH Stock
UiPath shares slid 2.85% in premarket trading Friday after reporting Q1 revenue of $418 million and its first GAAP-profitable quarter. Investors are still weighing AI's impact on long-term sales growth.
Berkshire's First Filing Under Greg Abel Reveals Major Portfolio Reshuffling
Berkshire Hathaway's first 13F filing under CEO Greg Abel reveals a substantial increase in Alphabet holdings, a new Delta Air Lines stake, and exits from several major names.