ODFL
NASDAQ · Road & Rail
Old Dominion Freight Line
$175.36
+2.36 (+1.36%)
ODFL News30 articles
Tech Rout Deepens as AI Stocks Tumble, Oil Surge Stirs Inflation Jitters
US stocks slumped Wednesday as AI stocks slid on dilution fears from Super Micro Computer's $7 billion financing plan, while surging oil prices stoked inflation worries, dragging the S&P 500 down 1.56%.
Dow Slips as CPI Meets Forecasts, Iran Tensions and AI Selloff Weigh
The Dow dropped 0.55% as May CPI matched forecasts at 4.2% YoY, but energy-driven inflation and geopolitical jitters kept markets on edge, with AI stocks like SMCI falling sharply.
FedEx Freight Debuts as Independent LTL Carrier on NYSE
FedEx Freight started trading on the NYSE as FDXF after its spin-off from FedEx, with $8.9 billion in fiscal 2025 revenue. The company targets 4-6% annual growth but faces execution risks.
FedEx Freight Boosts Driver Training Ahead of Spinoff
FedEx Freight donated two tractors and two trailers to North Arkansas College, restarting its CDL program after an 18-month pause, just days before its spinoff as FDXF.
Radisson Mining's 68.24 g/t Gold Hit Lacks Market Reaction
Radisson Mining's shares barely moved after a headline 68.24 g/t gold intercept, as concentration in two one-metre samples and thin trading volume left investors cautious.
Felix & Paul Studios Files Bankruptcy with $34.5M Debt, Assets Sold for $350K
Montreal immersive-media firm Felix & Paul Studios filed for bankruptcy with $34.5M in liabilities. A $350K asset sale preserves five jobs, while National Bank of Canada holds a $3.1M secured claim.
Gravity Token Holds 68% Weekly Surge Despite 39% Weekend Pullback
Gravity's G token rose 67.8% in a week but fell 39% from Sunday's high. Fast Withdraw cuts bridge time to 10 minutes, yet supply and deadline risks remain.
Fidelity: Roth Catch-Up Threshold Set at $150K for 2026
Fidelity clarifies 2026 Roth catch-up mandate for high earners, with payroll execution key. Schwab (SCHW) shares edge higher.
Ramelius Shares Surge 7.5% on Raised FY30 Gold Production Target
Ramelius Resources (ASX:RMS) jumped 7.5% after raising its FY30 gold output target to 560,000-610,000 ounces, with growth capex planned at A$480-570 million.
Gold Climbs to $4,379 as 5% Treasury Yield Stirs Central Bank Demand
Gold gained 0.9% to $4,379 amid 5% Treasury yields, with central bank buying slowing but still supportive. Analyst targets range from $4,350 to $6,000.
Nu Holdings Stock Split: 33% ROE vs Rising Delinquencies
Nu Holdings (NU) closed at $13.65 Friday, down 1.37%. With 33% ROE but rising delinquencies, investors weigh growth against credit risk.
Generac Holds Amazon Gains; Warrant Dilution Ahead
Generac (GNRC) closed Friday at $207.44, up 18.5% from Wednesday, after Amazon's $2.4B generator deal. A 1.69M-share warrant looms.
Hormuz Shipping Surges to Six-Month Peak, Yet Brent Holds $14 War Premium
U.S.-supported transits through Hormuz hit a six-month high, but Brent's $14 premium over fair value persists amid supply concerns.
ExxonMobil Eyes Venezuela Return as Shares Hold Steady
ExxonMobil is negotiating a possible return to Venezuela's Orinoco Belt, with shares barely moving. Investors await deal terms, not barrel counts.
10-Year Treasury Yield Holds Above 5% Ahead of $183B Auction
The 10-year Treasury yield closed at 5.01% on Friday, up 5 basis points on the week, as the market braces for $183B in note auctions and digests the Fed's rate hike.
Solana Holds Above $110 as Transaction V1 Upgrade Debuts
Solana (SOL) stays above $110 after a 10.8% surge to a seven-month high, fueled by the Transaction V1 upgrade and broader crypto gains. The rally faces a test from weak network revenue data.
OilPrice.com Remains Private: Advanced Media Solutions Holds No Public Equity
OilPrice.com is a private media site owned by Advanced Media Solutions, with no public stock. Unlike OPIS (Dow Jones), it offers no financial disclosures, making equity valuation impossible.
XRP Surges Past $1.40, Golden Cross Still Elusive
XRP touched $1.40 intraday but eased to $1.3822, with the golden cross still 1.9% away as the 50-day MA trails the 200-day MA.
On Holding's Mbappé Deal Fails to Sustain Pre-Market Rally
On Holding's stock reversed a 5% premarket jump after announcing Kylian Mbappé as its football ambassador, with first boots due in 2027.
Uber's $40M Liability Ruling: What It Means for Shareholders
Uber was ordered to pay $40M after arbitrator found it jointly liable for a passenger's death, rejecting Proposition 22 protections. Stock barely moved, but the ruling could signal broader liability risks.
BoE Holds Rates at 3.75%, Unveils Long-Term Gilt Reduction Plan
The Bank of England held rates at 3.75% and announced a plan to reduce its gilt holdings by £368 billion by 2034. Inflation expectations were revised higher.
Gold Rebounds Above $4,300 After Fed Shock, Yet Futures Lag
Gold rebounded above $4,300 in Asian trading Thursday, but futures still lag the prior settlement after the Fed's rate hike. COMEX gold fell 1.26% to $4,332.40.
Prime Missed $100M Exit; Alani Nu Sold for $1.8B
Logan Paul says Prime passed on a $500M PE offer, costing him $100M. Alani Nu's $1.8B sale to Celsius highlights the value of real transactions.
Gold Slips Below $4,350 as Oil, Dollar, and Yields Align Against Bullion
Gold dropped below $4,350 on Tuesday as oil, a firmer dollar, and rising Treasury yields weighed on bullion ahead of the Fed's decision.
Houthi Island Seizures Add Red Sea Risk as Brent Holds Above $101
Houthi seizure of two Red Sea islands near Bab al-Mandeb adds to oil route risks. Brent holds above $101 as traders assess potential supply disruptions.
Futures Recover Modestly as Oil Holds Above $103, Fed Decision Looms
U.S. stock futures edged higher Tuesday, recovering slightly from Monday's AI-led slump, but oil above $103 and the Fed's upcoming decision kept gains in check.
Saudi Pipeline Outage Could Last Five Weeks, Brent Holds Above $106
Saudi Arabia's East-West pipeline may remain out of service for up to five weeks, turning a precautionary shutdown into a dated supply risk. Brent crude holds above $106 a barrel.
Goldman Sachs Shares Slide 4% Ahead of CEO's Key Capital Markets Address
Goldman Sachs shares dropped 4% on Monday, setting the stage for CEO David Solomon's Wednesday address where investors will gauge if Q2's stellar results are sustainable or a cyclical peak.
XRP Holds Above $1.38 Ahead of Senate Vote; $1.60 Remains a Distant Goal
XRP trades above $1.38 ahead of the Senate vote on the Digital Asset Market Clarity Act. The $1.60 target is still 14% away, with key resistance at $1.41.
South Carolina Gas Prices Surge 38.7% Year-Over-Year, Squeezing Household Budgets
South Carolina's average gas price reached $3.9243 a gallon, up 38.7% year-over-year, adding $16.42 to a 15-gallon fill-up. Wholesale RBOB futures suggest a possible pause in the climb.