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POOL News16 articles
Marvell Technology Set to Enter S&P 500, Powered by AI Growth
Marvell Technology surges 11% ahead of its S&P 500 entry on June 22, fueled by a KeyBanc price target increase and a milestone shipment of optical chips for AI data centers.
Marvell's S&P 500 Entry Fails to Halt Chip Selloff as Valuation Concerns Mount
Marvell Technology shares fell 7.6% on Tuesday, erasing Monday's S&P 500 inclusion gains, as semiconductor stocks sold off amid high valuation and sector volatility.
Marvell Technology Surges on S&P 500 Addition Announcement
Marvell Technology surged 7% premarket after being added to the S&P 500, with shares at $282.50. The move underscores its AI-driven revenue and raised outlooks.
Flex Set to Join S&P 500; Index Rebalancing Adds Complexity
Flex (FLEX) will join the S&P 500 on June 22, replacing Campbell's. The stock fell 4.8% Friday but gained 1.5% after hours. AI data-center focus and planned spinoff add interest.
Flex Gains S&P 500 Entry Amid AI Power Unit Growth, Shares Slide in Tech Rout
Flex (FLEX) is set to join the S&P 500 on June 22, drawing attention to its surging AI data-center power unit and planned spin-off, though shares dropped 4.8% in a tech selloff.
Berkshire's First Filing Under Greg Abel Reveals Major Portfolio Reshuffling
Berkshire Hathaway's first 13F filing under CEO Greg Abel reveals a substantial increase in Alphabet holdings, a new Delta Air Lines stake, and exits from several major names.
Berkshire's New CEO Makes First Major Portfolio Shift: Adds Delta, Boosts Alphabet, Exits UnitedHealth
In his first major portfolio move as CEO, Greg Abel added Delta Air Lines and boosted Alphabet, while cutting UnitedHealth, Amazon, Visa, and Mastercard.
Pool Corp Shares Drop 7% on CEO Change and Investor Day Delay
Pool Corporation shares dropped over 7% Tuesday following the abrupt CEO change and Investor Day postponement, despite reaffirming 2026 earnings outlook.
Hinge Health Buyback Signals Undervaluation Amid Mixed Stock Performance
Hinge Health's significant share buyback underscores management confidence despite a valuation gap and mixed short-term stock performance. Pool Inc and Spin Master also present valuation disparities amid shifting market sentiment.
Thai Union Faces $295M Creditor Pool in Red Lobster Lawsuit
Thai Union Group shares fell 0.9% as a Red Lobster lawsuit seeks to unwind $32M in transactions, with a $295M creditor pool endangering about 20% of equity.
Whirlpool Ends 70-Year Dividend Streak as Profit Forecast Slashed
Whirlpool suspends its long-standing dividend and slashes 2026 profit outlook after a tough first quarter, sending shares to a 14-year low.
S&P 500 Retreats from Record as Chip Stocks Slide; Oil Volatility and Whirlpool Warning Weigh
U.S. stocks retreated Thursday, with the S&P 500 sliding 0.38% from its record as chip stocks cracked. Intel and AMD fell 3% each, and the PHLX chip index dropped 2.7%. Oil volatility and a Whirlpool warning added to market unease.
Whirlpool Shares Tumble 20% on Profit Warning, Dividend Suspension, and Iran Conflict Impact
Whirlpool shares fell 20% after cutting its 2026 profit outlook, suspending dividends, and blaming the Iran war for a sharp drop in U.S. appliance demand.
Whirlpool Shares Tumble 16% on Q1 Loss, Dividend Suspension, and Tariff Uncertainty
Whirlpool shares plunged 16% after the company posted a Q1 net loss, suspended its dividend, and cut its 2026 profit outlook, citing a sharp drop in U.S. appliance demand.
Algoma Central, GSK, AT&T Lead Market Moves as Bitcoin Pool Mines Second Block
Algoma Central surpassed its 50-day moving average after a dividend hike, while GSK shares surged to a multi-decade peak. AT&T's valuation suggests significant upside, and a novel bitcoin mining pool confirmed its hybrid model.
Tesla's EU Emissions Pool Loses Key Carmakers for 2026
Stellantis, Toyota, and Subaru have not joined Tesla's 2026 EU carbon-credit pool, filings show, a shift from 2025. Tesla's regulatory credit revenue declined 28% to $1.99 billion last year.