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GOAI News30 articles
Historical Data Signals Calm Amid 2026 Market Turbulence
Despite a 7% S&P 500 drop in early 2026, historical indicators including the January barometer and market resilience after geopolitical shocks suggest long-term investors should stay the course.
Palantir Stock Gains on Nvidia AI Deal; Valuation Remains Elevated
Palantir shares rose 2.4% on an AI collaboration with Nvidia for government clients, but the stock still trades at 39x 2026 revenue, with a 26% monthly drop.
JPMorgan Elevates Petno and Rohrbaugh to Co-Presidents in Succession Move
JPMorgan Chase appoints Doug Petno and Troy Rohrbaugh co-presidents, overseeing divisions generating 85% of Q1 net income, as part of CEO succession planning.
Sky Quarry Shares Slide After Monday's Surge Ahead of Nevada Refinery Launch
Sky Quarry shares dropped 12.6% to $1.66 Tuesday after surging 62% Monday, as market attention shifts to the company's ability to execute its Nevada refinery startup in July.
TD Bank Shares Surge to 52-Week Peak on Wholesale Earnings and Leadership Revamp
TD Bank shares rose to a 52-week high on record wholesale earnings and a leadership reshuffle at TD Securities, as the broader Canadian market also hit new highs.
Meta Shares Rally as Market Evaluates Zuckerberg's AI Spending Plan
Meta shares climbed $27.08 to $594.06 after Q1 revenue jumped 33% to $56.31 billion, but attention turned to the company's sharply higher 2026 capex guidance of $125-$145 billion.
Social Security 2027 COLA Estimates Rise as Inflation Stays Elevated
Early estimates for 2027 Social Security COLA rise to 3.8%-4.7%, driven by May CPI-W inflation of 4.4%. Lawmakers consider $200 monthly benefit boosts and solvency measures.
Veeva Systems Beats Q1 Estimates, Lifts Forecast; Shares Slip on AI and Competition Concerns
Veeva Systems beat Q1 estimates and raised its full-year outlook, but shares dipped 2.5% on ongoing concerns about AI monetization, services growth, and competitive pressures.
Veeva Systems Slips Despite Strong Earnings, AI Strategy in Focus
Veeva Systems shares declined 2.3% despite beating Q1 estimates and raising guidance, as investors assess AI spending and CRM migration risks.
Laser Photonics Stock Surges on Anti-Drone Evaluation, Listing Risk Looms
Laser Photonics shares soared 161% Tuesday and another 27% premarket after its Laser Shield Anti-Drone system was chosen for a defense technical exchange, but the news is an evaluation milestone, not a contract, and a Nasdaq filing issue still threatens its listing.
Mortgage Rates Remain Elevated, Dampening Spring Housing Market Activity
U.S. mortgage rates remain in the mid-6% range, with the 30-year fixed at 6.53%, stifling spring home sales. Applications dropped 8.5% and new home sales fell 6.2% in April.
Netflix Ad Strategy Nears $3B Milestone as Wall Street Evaluates Growth
Netflix shares ended Friday at $88.60, up 1.8% for the week, as investors analyzed its ad-tier growth and $25B buyback plan.
Hooters Revamps 140 US Locations to Shed Risque Image
Hooters' new owners are renovating 140 US restaurants to adopt a family-friendly image after its 2025 Chapter 11 filing. CEO Neil Kiefer details uniform and menu changes.
Wall Street Slips as Tech Retreats, Bond Yields Stay Elevated
U.S. stocks declined Monday as technology shares lost momentum ahead of Nvidia's earnings, while rising oil and elevated bond yields kept inflation concerns in focus.
Costco Shares Surge Amid Consumer Caution; Valuation Stays Elevated
Costco shares climbed to $1,064.98 as April sales rose 13% to $23.92B. The company raised its dividend and will report fiscal Q3 earnings on May 28.
Ford Stock Dips as EDF Storage Deal Fails to Sustain Momentum; Europe Revamp Unveiled
Ford shares slid 1.2% by midday Monday, erasing early gains from a battery-storage agreement with EDF. The deal could bring up to 20 GWh in orders, but deliveries won't start until 2028.
American Eagle Jet Evacuated at Kansas City After Cabin Odor
American Eagle Flight 5318 evacuated at Kansas City after cabin odor; no injuries. FAA investigates amid renewed safety focus.
Snap CEO Evan Spiegel Summoned to Senate Over Kids' Online Safety
Snap CEO Evan Spiegel has been invited to testify at a Senate hearing on children's online safety, alongside leaders from Meta, Alphabet, and TikTok.
Gasoline Prices to Stay Elevated Despite Potential Iran Deal, Analysts Warn
U.S. gasoline prices remain near 2022 highs above $4.54 per gallon as geopolitical tensions near the Strait of Hormuz continue to disrupt oil flows, with analysts forecasting no return to pre-war levels before 2027.
Lennar's Expansion Plans Face Headwinds from Elevated Mortgage Rates
Lennar shares slipped 0.5% as the homebuilder accelerates new community launches despite high mortgage rates and a disappointing spring selling season.
Oil Dips Below $100 as US-Iran Talks Progress, Gas Prices Remain Elevated
Brent crude dropped below $100 a barrel Thursday as the US and Iran moved toward a temporary halt in hostilities, though US gasoline prices remained near multi-year highs at $4.558 per gallon.
Corteva Names Seed Spinoff Vylor Ahead of 2026 Split
Corteva (CTVA) announced the name of its seed and genetics spinoff, Vylor, Inc., ahead of a planned split in late 2026. The seed business generated $9.9 billion in 2025 net sales.
ON Semiconductor Faces Crucial Earnings Test Amid Elevated Stock Price
ON Semiconductor reports Q1 earnings Monday. Stock at $103 far exceeds analyst targets. Investors eye auto and industrial chip demand recovery.
Veeva Systems Joins S&P 500, Stock Jumps 10.5%
Veeva Systems shares jumped 10.5% to $172.29 after S&P Dow Jones Indices announced the company will join the S&P 500 on May 7, replacing Coterra Energy.
Teva Surges 11% as Branded Drugs Drive Q1 Beat, Emalex Deal Adds Tourette Candidate
Teva beat Q1 estimates with adjusted EPS of $0.53 on $3.98B revenue, as branded drug sales surged 41%. Shares rose 11% on the news.
Comcast Revamps Xfinity Mobile with Simplified Pricing and Device Protection
Comcast introduces streamlined Xfinity Mobile plans with flat per-line pricing, ending multiline discounts, and adding device protection to the premium tier amid record wireless growth.
United CEO Evades American Merger Questions Amid Political Headwinds, Fuel Pressures
United Airlines CEO Scott Kirby declined to address potential merger interest with American Airlines, maintaining speculation after President Trump voiced opposition. United trimmed its 2026 forecast as rising jet-fuel costs pressure margins.
Middle East Turmoil Hits Luxury Watch Sales at Geneva Fair
The Watches and Wonders Geneva fair concluded amid a luxury sector shock, as major brands reported steep sales declines in the Middle East due to regional conflict, impacting Swiss watch exports for a second consecutive year.
Elevated VIX Sparks Market Debate Amid Geopolitical Tensions
The Cboe Volatility Index remains elevated near 31 despite a Monday rally, as investors weigh Morgan Stanley's shift to cash and Treasuries against a backdrop of rising oil prices and geopolitical uncertainty.
Dow Gains Amid Oil Spike, Fed Cut Bets Evaporate
The Dow Jones Industrial Average advanced 146 points Tuesday, recovering from early losses as rising crude prices and Middle East tensions dominated trading. The S&P 500 posted a modest gain while the Nasdaq Composite declined.