OLN
NYSE · Chemicals
Olin Corp
$20.99
-0.47 (-2.19%)
OLN News30 articles
Huntsman Shares Plummet 18% After Olin All-Stock Merger Reveals Valuation Gap
Huntsman shares dropped 18% after Olin's all-stock merger deal valued the company below its last close, with the fixed exchange ratio linking its worth to Olin's declining stock price.
Plug Power Monetizes $39M Tax Credit, Investors Eye Liquidity
Plug Power converted a federal clean-energy tax credit into $39.2M in cash, providing near-term liquidity relief. Shares held at $4.09 premarket after a 3.81% gain.
Nvidia Slips 3.6% as 362-kW Rack Highlights Power and Cooling Risks
Nvidia shares fell 3.6% to $201.10 as a 362-kW rack system from Super Micro shifted investor focus to power and cooling constraints, with Morgan Stanley warning of grid bottlenecks in 2027-2028.
Vertiv Nears Record Highs on AI Cooling Demand and Strategic Moves
Vertiv shares rose nearly 10% to $333.05 in a holiday-shortened week, buoyed by a GLJ Research upgrade and the completion of the ThermoKey acquisition, as AI data-center cooling demand remains in focus.
Natural Gas Futures Slide as Cooling Demand Forecasts Diminish
U.S. natural gas futures fell 3.2% Friday as weather models cut cooling demand, erasing a two-day rally. Inventories remain above average but the surplus is narrowing.
Gasoline Dips on Crude Retreat, But Geopolitical Risks Persist
U.S. gas prices fell to $4.322/gal, down from $4.507 last week, as crude pulled back. However, oil surged 4.2% Monday after Iran halted indirect U.S. talks and new blockade fears emerged. Gasoline stocks declined for a record-tying 15th week.
NIO Launches ES9 SUV Amid Cooling Chinese EV Market, CEO Warns of Saturation
NIO's stock jumped 7.7% last week to $5.60 after the ES9 SUV launch, but CEO William Li warns China's auto market is now saturated. Q1 deliveries nearly doubled YoY but fell 33% from Q4.
Hormuz Tensions Drive RBOB Gasoline Futures Higher
RBOB gasoline futures climb 2% to $3.67 a gallon as Hormuz risks and falling inventories outweigh federal tax suspension hopes.
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.
Duolingo Shares Jump on Q1 Beat, But Investor Focus Shifts to Bookings Slowdown
Duolingo shares rose 7.4% on strong Q1 results, but a cautious bookings forecast and heavy AI investment spending raise questions about near-term growth.
Duolingo's AI-Driven Strategy Faces Investor Skepticism After Stock Plunge
Duolingo shares dropped over 12% after the company forecast slower bookings and lower margins, overshadowing a Q1 beat. Investors are skeptical about AI-driven returns.
Detroit Gasoline Prices Surge 66 Cents Amid Iran Conflict and Refinery Disruption
Metro Detroit gas prices surged 66 cents to $4.82 per gallon amid Iran war fallout and a BP refinery outage, with Brent crude settling at $114.44. Michigan's average of $4.83 exceeds the U.S. average.
Duolingo Stock Tumbles Despite Q1 Beat as Wall Street Eyes 2026 Strategy
Duolingo stock dropped ~10% after hours Monday, even after Q1 revenue rose 27% to $292M. Wall Street is skeptical of the company's 2026 plan focusing on AI and user growth over near-term profits.
U.S. Gasoline Prices Surge to $4.30 Amid Iran Tensions and Refinery Snags
Gasoline prices rose to $4.30 a gallon, the highest since 2022, as the Iran war and refinery problems boosted crude costs. Record U.S. oil output hasn't prevented the surge.
U.S. Gasoline Prices Surge to $4.229, Outlook Points Higher Amid Supply Squeeze
U.S. gasoline prices hit $4.229 per gallon, the highest since July 2022, driven by falling inventories, refinery outages, and crude above $100. The outlook points to further increases as summer demand nears.
Vertiv Acquires Liquid-Cooling Firm as AI Data Centers Heat Up
Vertiv Holdings Co has acquired Strategic Thermal Labs, a Texas-based liquid-cooling specialist, to strengthen its AI and high-performance computing data center offerings. The move follows a 30% jump in Q1 net sales.
US Gasoline Average Surges to $4.23 as Iran Strait Crisis Tightens Supply
US gasoline prices surged to $4.229/gallon Wednesday, up 21 cents in a week, as Brent crude topped $114 on Iran Strait of Hormuz disruptions and Midwest refinery outages.
Vertiv Completes Strategic Thermal Labs Buyout, Bolstering AI Cooling Portfolio
Vertiv Holdings has closed its acquisition of Strategic Thermal Labs, expanding its AI data-center cooling capabilities. The deal comes amid a 30% Q1 sales surge and an upgraded 2026 forecast.
Duolingo Faces Key Test as AI Strategy Spurs Investor Investigation
Duolingo stock slides amid AI investment pivot; law firm probes potential claims. Q1 earnings due May 4 will be crucial.
Broadcom Soars on Meta AI Chip Deal, Duolingo Slips on Growth Concerns
Broadcom shares advanced following Meta's announcement of a major AI chip partnership, while Duolingo declined due to investor concerns over slowing growth and soft guidance.
Gasoline Prices Defy Oil Drop, California Faces $7.50 Per Gallon
National gasoline averages held above $4 per gallon Wednesday despite falling crude prices, with California drivers facing prices nearing $7.50 in some areas as refinery issues and logistical challenges compound geopolitical pressures.
Duolingo's Strategic Shift to User Growth Pressures 2026 Outlook
Duolingo shares fell 2.8% after management projected softer 2026 bookings growth and reduced profitability margins, prioritizing user expansion over immediate revenue.
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.