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Olin Corp
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OLN News17 articles
Mortgage Rates Hold Near 6.3% as Fed Stays Put, Cooling Refinance Demand
Following the Federal Reserve's decision to maintain its benchmark interest rate, the average 30-year fixed mortgage rate held near 6.3% this week. Mortgage applications fell sharply, led by a 19% drop in refinancing activity.
U.S. Gasoline Prices Hit 22-Month High as Crude Rally Intensifies
The national average for regular gasoline reached $3.675 per gallon on Saturday, the highest level since May 2024, driven by Brent crude prices above $100 per barrel and tightening supply conditions.
Gasoline Futures Surge 6% on Middle East Supply Fears, Pump Prices Follow
NYMEX gasoline futures surged 6% Thursday as Middle East tensions threaten supply, with AAA reporting a 27-cent weekly jump at the pump to a $3.25 national average.
Gasoline Prices Surge as Middle East Tensions Disrupt Oil Flow
U.S. retail gasoline prices climbed sharply as Middle East tensions disrupted oil shipments through the Strait of Hormuz, lifting fuel stocks and prompting major banks to raise crude price forecasts.
U.S. Gasoline Prices Surge Past $3 Amid Middle East Supply Fears
U.S. gasoline prices surged above $3 per gallon Tuesday, driven by a sharp rally in crude oil due to escalating Middle East tensions. Refiner stocks advanced as fuel margins expanded.
Duolingo Plunges as Strategy Shift to User Growth Sparks Downgrades
Duolingo shares tumbled 14% on Friday following a disappointing 2026 bookings outlook and a strategic pivot toward user acquisition over near-term profitability, leading to analyst downgrades.
Iran Strikes Spark Oil Price Surge, Threaten Higher U.S. Gasoline Costs
Weekend strikes on Iran have rattled oil markets, causing Brent crude to jump 10% and prompting major carriers to halt transits through the Strait of Hormuz, setting the stage for higher U.S. gasoline prices this week.
Duolingo Shares Plunge on Strategic Shift, Analyst Downgrades Mount
Duolingo shares tumbled 14% to $101 on Friday following a disappointing 2026 outlook and strategic pivot toward user growth, prompting several analyst downgrades ahead of Monday's trading session.
Gasoline Futures Rally on Tight Supply, Pump Prices Poised to Climb
U.S. gasoline futures held a significant weekly gain near $2.01 a gallon, supported by a substantial inventory draw and rising demand. The national average pump price sits at $2.92, with refiners Valero and Phillips 66 seeing share gains.
FTSE 100 Climbs to New Peak on Cooling UK Inflation
London's FTSE 100 index surged to a new all-time high after UK inflation data showed a welcome cooldown, strengthening expectations for an imminent Bank of England interest rate cut.
Gasoline Futures Edge Higher Amid Holiday-Thinned Trade, Focus on Delayed EIA Data
Gasoline futures gained modestly in subdued holiday trading, with the national pump average holding near $2.93. Market attention shifts to the postponed EIA fuel stocks report this Thursday.
Duolingo CFO Transition Ahead of Q4 Earnings Report
Duolingo stock closed at $112.57 Friday, remaining down approximately 74% from last year. The company anticipates strong user growth and will report quarterly results after markets close on February 26.
Cloud ETFs Rally on Cooling Inflation, Palo Alto Earnings Loom
Major cloud computing ETFs surged Friday after a cooler-than-expected inflation report lifted rate-sensitive tech stocks. Attention now turns to Palo Alto Networks' quarterly results due after Tuesday's close.
Gasoline Futures Gain Amid Geopolitical Tensions, Traders Eye Inventory Data
RBOB gasoline futures rose over 1% as U.S.-Iran tensions near the Strait of Hormuz kept traders cautious. The national average pump price increased to $2.921 per gallon.
Gasoline Futures Edge Higher as Traders Eye Inventories, Geopolitical Talks
U.S. wholesale gasoline futures advanced nearly 1% early Monday, with RBOB approaching $2 per gallon. The national average pump price remains near $2.90, keeping fuel costs in focus for inflation watchers.
Hims Halts Compounded GLP-1 Pill as FDA Cracks Down, Molina Plunges on Profit Warning
Hims & Hers discontinues its $49 compounded semaglutide offering following FDA enforcement signals, sending shares down 16%. Molina Healthcare forecasts 2026 profit far below expectations, triggering a 28% stock drop.
Healthcare Sector Sees Divergence: Molina Plunges on Outlook, XLV Gains Amid Regulatory Warnings
Molina Healthcare plummeted 25.5% after slashing its 2026 profit forecast and announcing a Medicare Part D exit, while the Health Care Select Sector SPDR Fund (XLV) rose 1.8%. Regulatory warnings on compounded obesity drugs added pressure to the sector.