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RGRPY News30 articles
REA Group Shares Tumble on Mixed Earnings, $200M Buyback Plan
REA Group shares fell sharply after reporting a 24% drop in net profit, despite growth in core earnings. The company announced a $200 million share buyback and an interim dividend.
Bio-Techne Jumps on Merck KGaA Cash Bid; Spread Signals Deal Risk
Bio-Techne shares jumped 19% on Merck KGaA's $73 cash offer, leaving a $2.83 spread as the deal awaits shareholder and regulatory approvals.
SoFi Stock Retreats After AI Composer Deal Fails to Sustain Rally
SoFi shares briefly surpassed the $18 median analyst target following its Composer AI deal but closed lower. EPS estimates for 2026 remain unchanged, and the stock trades at about 29 times expected earnings.
Coeur Mining Falls as Metal Price Slide Threatens Cash Flow Goal
Coeur Mining dropped 5.1% after gold and silver prices fell far below the levels used in its 2026 outlook, jeopardizing its $2 billion free cash flow target.
MercadoLibre Gains 5.6% as Morgan Stanley Reaffirms Buy, But Profit Pressures Loom
MercadoLibre shares climbed 5.6% after Morgan Stanley maintained a Buy rating and $2,450 price target, with investors balancing 49% revenue growth against a 15.6% drop in net profit.
Kenvue Stock Rises as Deal Spread Narrows to 2%
Kenvue shares rose 1.7% to $18.72, maintaining a 2% spread below Kimberly-Clark's $19.11 takeover offer, as investors await regulatory clearance and assess Tylenol litigation risks.
Foreign Investors Retreat $8.6 Billion from Korean and Taiwanese Markets
Foreign investors withdrew $8.6 billion from South Korean and Taiwanese equities, even as the KOSPI rebounded 3.3%. Samsung Electronics jumped 9.84% on a reported $58.6 billion buyback plan, but analysts flag risks from retail trading and concentrated chip stock exposure.
US Mint to Release Only 250,000 Special July 4 Quarters, Creating Extreme Scarcity
The US Mint will issue only 250,000 Declaration of Independence quarters with a special July 4 privy mark, representing 0.28% of standard 2026 quarters minted so far, creating extreme scarcity for collectors.
Nokia Shares Retreat After AI Rally Fades on Google Cloud Deal
Nokia shares dropped 2.5% in Helsinki on Tuesday, giving back gains from a Wall Street rally fueled by a Google Cloud AI partnership, as market sentiment shifted.
Netflix Hits 52-Week Low as Meta Expands TV Reach; Analysts Question 2027 Outlook
Netflix shares dropped to a 52-week low as subscriber churn and Meta's TV expansion weigh. Analysts warn 2027 forecasts leave little room for upside.
Intel Retreats 8% in Premarket After $700B Market Cap Milestone
Intel shares slid about 8% in premarket trading Tuesday after closing Monday at a record high, as investors reassess AI-driven gains and rate risks.
Duke Energy Narrows Residential Rate Increase to 11.6% Amid Regulatory Pressure
Duke Energy Carolinas cut its proposed residential rate increase to 11.6% from 18% after opposition from regulators and the attorney general. The new rate requires approval from the North Carolina Utilities Commission and could take effect Jan. 1, 2027.
Tech Selloff Drags US Futures Lower; South Korea's KOSPI Plunges 10%
US stock futures fell sharply Tuesday as a tech selloff erased optimism over US-Iran talks. South Korea's KOSPI plunged nearly 10% on regulatory ETF warnings.
Nexentis Shares Surge 156% on AI Drug Discovery Pact, Then Retreat
Nexentis shares skyrocketed 156% after announcing an AI drug discovery deal and a $2.9 million stock-and-warrant offering, but declined 26% in after-hours trading amid dilution concerns.
Dow Climbs as Caterpillar Breaks $1,000; Tech Slumps on AI Rotation
The Dow Jones rose 145 points, powered by Caterpillar crossing $1,000 for the first time, as a Chevron-Microsoft power deal drove rotation from tech to industrials. The Nasdaq fell over 1%.
IBM Falls on Accenture Read-Through; AI Growth Debate Intensifies
IBM shares fell 1.8% as Accenture's weaker guidance weighed on IT services, reigniting debate over whether AI will boost IBM's high-margin software enough to offset consulting risks.
SK Hynix Ousts Samsung as South Korea's Top Stock by Market Cap
SK Hynix overtook Samsung Electronics as South Korea's most valuable listed company, fueled by soaring demand for its high-bandwidth memory chips used in AI servers.
Yum Brands Sells Pizza Hut in $2.7B Deal to Streamline Portfolio
Yum Brands is selling Pizza Hut in a $2.7 billion split deal to LongRange Capital and Yum China, as U.S. same-store sales decline for the tenth consecutive quarter.
Creator Ad Spending to Hit $44 Billion in 2026 as Brands Seek Performance-Based Deals
U.S. creator ad spending is set to hit $44 billion in 2026 as brands shift to longer, performance-based partnerships. However, 79% of marketers struggle with ROI measurement.
US Futures Dip as Treasury Yields Rise, PCE Inflation Report Looms
U.S. stock futures edged lower on Monday as rising Treasury yields and Thursday's PCE inflation report outweighed relief from falling oil prices, narrowing the AI premium.
Walmart Great Value Hawaiian Roll Recall Traced to Packaging Issue
Walmart-linked Great Value Hawaiian Roll four-packs are recalled due to an oily substance on packaging. All 10,447 cases were contained at distribution, never sold in stores.
Pentagon Drives Small Nuclear Reactor Deployment, Outpacing Tech Giants
Valar Atomics' Ward 250 reached criticality outside a national lab, signaling a shift as Pentagon demand accelerates small nuclear deployment with over $2B in Army funding.
Netflix Shares Dip Amid Streaming M&A Speculation and Market Closure
Netflix shares closed at $77.38 after a 3.7% weekly decline, underperforming the Nasdaq's 2.43% gain amid Fox's Roku deal and acquisition speculation.
Joby Aviation Ends Short Week at $10, Rally Faces Key Test After Break
Joby Aviation surged 6.5% to $10.00 in a shortened trading week, up 9.3% since June 12. The rally faces a critical test after the break as investors watch FAA milestones and execution risks.
ASML Denies EUV Machine Reached China Amid US Export Control Concerns
ASML shares fell up to 2.7% after reports that US officials suspect an EUV machine may be in China. ASML denies the claim, but political risks could impact up to 20% of 2026 revenue.
US Mortgage Rates Slide to One-Month Low Amid Iran Deal, Treasury Yield Drop
US 30-year fixed mortgage rates dropped to 6.47%, their lowest in over a month, as a US-Iran framework deal pushed Treasury yields lower, offering modest relief to homebuyers while pending home sales rose 3.8% in May.
Nokia Sheds 9% Ahead of Midsummer Break Despite AI and Patent Wins
Nokia shares fell 9.1% in a shortened Helsinki week, ending at 11.785 euros, as fresh AI, patent, and defense announcements failed to ease investor worries about margins and telecom demand.
ISS Leak Escalation Threatens Zvezda Module Operations
Russia may permanently seal the PrK tunnel on the ISS to reduce air leaks, but this could limit station flexibility and impact commercial successor projects ahead of the 2030 retirement deadline.
American Airlines Gains 3.7% as Oil Retreats, Fuel Costs in Focus
American Airlines (AAL) surged 3.7% to $15.99 on heavy volume as easing oil prices fueled a travel stock rally before the Juneteenth break. The move hinges on fuel relief and demand.
CervoMed Shares Surge on Patent News, Then Retreat After $10M Stock Offering
CervoMed shares surged to $7.75 after a U.S. patent allowance for neflamapimod in pure DLB, but gave back most gains after announcing a $10 million stock offering at $4 per share. The stock last traded at $4.14, up 8.7%.