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GANX News30 articles
Chevron Rises 1.7% as Storm Threat Fades, Oil Gains on Iran Worries
Chevron shares advanced 1.7% after the National Hurricane Center slashed the odds of a nearby storm developing. Oil prices climbed on Iran supply worries, not storm threats.
Workday Stock Holds Gains After Silver Lake Buyout Talks
Workday shares surged 18% after Silver Lake takeover discussions, with a possible $54B deal. Analysts see limited upside at current levels.
Disney Stock Gains 1.5% as ESPN Cuts Talent, but Rights Costs Surge
Disney shares rose 1.5% after ESPN layoffs, but sports operating income fell 17% as programming costs jumped $288 million. Analysts remain bullish on DIS stock.
Salesforce Gains 2% as JPMorgan Sets $250 Target, Citing AI Growth
Salesforce (CRM) climbed almost 2% after JPMorgan initiated coverage with Overweight and a $250 target, suggesting a 29% gain and a potential $46 billion valuation increase.
REITs Rally as Yields Slide; AVB Leads Sector Gains
U.S. REITs outperformed on Thursday as July PPI cooled, pushing the 10-year yield to 4.645%. AvalonBay (AVB) advanced 2.5%.
Nasdaq Nears Record as Tech Rally Gains Momentum
The Nasdaq Composite rose 0.89% to 26,824.18, remaining about 1.35% below its June intraday high. Falling Treasury yields and softer oil prices fueled tech gains, with semiconductors leading the way.
CoreWeave Holds Gains Post-Earnings as $104B Backlog Strains Capital
CoreWeave shares hold post-earnings gains despite a $104.2B backlog and heavy capex, with analysts split on valuation and capital efficiency concerns.
IREN Gains on Microsoft's First AI Data Center Acceptance
IREN shares jumped 4.76% in premarket after Microsoft accepted the first 50MW of a $9.7B AI infrastructure deal, marking a key milestone.
Keel Infrastructure Gains 9.6% on Stronger Liquidity Despite Revenue Slump
Keel Infrastructure (KEEL) shares jumped 9.6% after reporting $819 million in liquidity, offsetting a 50% revenue decline. The company is in talks for AI data-center leases.
Merck Stock Rises on MMR Split Order, but Revenue Gains Remain Distant
Merck (MRK) shares rose 1.89% after a presidential order to develop separate measles, mumps, and rubella vaccines, but analysts note the process could take over a decade and won't boost near-term revenue.
Humana Gains as COLA Estimate Overlooks Rising Medical Costs
Humana stock gained 2.6% as a preliminary 3.1% COLA estimate for 2027 overshadowed rising medical costs, which continue to pressure the insurer's margins.
Robinhood Stock Wavers as Capital-Gains Tax Speculation Offers Limited Near-Term Upside
Robinhood shares fluctuated Wednesday amid capital-gains tax cut speculation. A 10% increase in equity volume would add roughly $12.9 million quarterly, but the near-term revenue impact is limited.
Mondelez Gains as Oreo Buzz in China Spotlights Volume Growth
Mondelez (MDLZ) shares ticked up 0.4% after Oreo trended in the U.S. following China product reports; the region's volume growth drove 65% of Q2 organic growth.
Transocean Stock Edges Higher as Oil Gains, Cash Flow Improves
Transocean (RIG) shares rose 1.5% on Tuesday as oil prices climbed. Q2 free cash flow jumped 56% to $212M, but adjusted EBITDA fell 29% sequentially, with analysts split on the stock.
Rupiah Gains on Damayanti's Sole Candidacy for BI Governor
Indonesia's rupiah rallied to its strongest level since June 18 after President Prabowo nominated Destry Damayanti as sole candidate for Bank Indonesia governor, reducing policy uncertainty.
Target Hits 52-Week High as Back-to-School Strategy Gains Traction
Target (TGT) closed at a 52-week high of $152.02, up 1.55%, as investors bet on a strong back-to-school season. The stock now trades 12% above analysts' average target, raising stakes for upcoming earnings.
Costco's July Sales Rise 10.7%, But Valuation Concerns Cap Stock Gains
Costco's July sales climbed 10.7% to $23.12B, but shares were flat as the market weighs a rich 47.7x P/E against steady comps of 6.6%. Analysts' $1,090 target implies a 48x forward multiple.
SMCI Stock Gains as Preliminary Margins Signal Major Profit Boost
SMCI shares jumped 3.4% premarket after preliminary Q4 gross margins of 15%-17% nearly doubled earlier guidance, potentially adding $847M in gross profit.
American Airlines Gains 4.4% Weekly Despite Fuel Cost Surge
American Airlines (AAL) advanced 4.4% last week, closing at $15.94, despite a $1.6B rise in projected fuel costs. Premium revenue growth and loyalty program tweaks aim to offset margin pressure.
Strategy Stock Rebounds to $100, Yet Bitcoin Per Share Gains Nearly Wiped Out
Strategy (MSTR) shares climbed back above $100 on Friday, but the Bitcoin-per-share metric barely moved, signaling dilution and capital actions are eroding gains.
NuScale Power Gains Despite Revenue Collapse as Cash Position Strengthens
NuScale Power shares climbed 3.7% to $9.82 despite a 99.1% revenue drop, as investors focused on a $1.89B cash position and ongoing strategic progress.
Nokia Gains on AI Deal, but Financial Terms Stay Under Wraps
Nokia shares edged higher as it joined the Zankore AI project in Indonesia, but investors await clarity on contract economics.
Airbnb Stock Jumps 7% on AI Efficiency Gains and Strong Bookings
Airbnb (ABNB) shares surged 7% in premarket trading after the company reported strong Q2 earnings, driven by AI efficiency gains and a 10% rise in bookings, prompting an upgraded 2026 outlook.
Nvidia Gains $235B Market Edge Over AMD After SpaceX AI Endorsement
Nvidia shares climbed after SpaceX named it the exclusive AI infrastructure provider, widening its market cap advantage over AMD by roughly $235 billion.
American Airlines Slides as Fuel Costs Devour Revenue Gains
American Airlines shares dropped 2.1% to $16.24 as fuel costs absorbed nearly all Q2 revenue growth, squeezing margins and prompting a cautious outlook.
Transocean stock gains as Q2 cash flow shines ahead of capex ramp
Transocean (RIG) shares climbed 2.3% after Q2 free cash flow hit $212M (68% of EBITDA). Capex is set to rise 89% in H2, testing cash generation.
Iovance Soars 39% on Stellar Q2 Amtagvi Sales and Margin Gains
Iovance shares surged 39% after Q2 revenue hit $99.3M, beating guidance by 12.9%, while gross margin more than doubled to 56%. The company is reviewing its 2026 guidance.
Opendoor's Inventory Surge Overshadows Cost Gains, Shares Drop
Opendoor stock dropped 8.7% as its $1.85B inventory surge outweighed improved cost per acquisition. Analysts warn on resale speed.
Dow Hits Record as Three Stocks Drive Most of Gain
The Dow Jones Industrial Average closed at a record high, with Amgen, Goldman Sachs, and Nvidia driving 79% of the gain. The S&P 500 and Nasdaq fell.
B2Gold Gains 5.4% but Lags Sector as Goose Ramp-Up and Mali Permits Loom
B2Gold rose 5.4% to $4.10, lagging the 7.3% gain in the gold-miner ETF. Investors await Q2 results Thursday and Goose ramp-up updates.