$2.01
-0.05 (-2.43%)
STKS News30 articles
Dow Jones Closes Above 52,000 Again, Led by Caterpillar
The Dow Jones Industrial Average closed above 52,000 again on Tuesday, with Caterpillar contributing nearly 961 points to the recent 1,000-point rally.
Grab Stock Rises as Market Digests Indonesia Commission Cap Impact
Grab shares climbed 3.1% as the market downplayed the impact of Indonesia's new 8% commission cap on motorcycle ride-hailing, with a Morgan Stanley price target hike adding momentum.
Kratos Shares Rise as Drone Backlog Share Declines, Broader Defense Mix Strengthens
Kratos shares gained 4.6% amid a drone stock rally, but its backlog mix is shifting away from unmanned systems, highlighting a broader defense portfolio.
Redwire Soars on Taiwan Drone Deal Amid $500M Stock Sale Concerns
Redwire (RDW) shares jumped 4.4% on a Taiwan Coast Guard drone deal, but the stock faces headwinds from a $500 million at-the-market offering and removal from the Russell Microcap Index.
Honeywell Aerospace Holds Steady After S&P 500 Debut, Cash Flow Goals in Focus
Honeywell Aerospace shares edged up after joining the S&P 500, as the market weighs its ambitious free cash flow goals and supply chain outlook.
Rivian Shares Jump on Russell Index Addition, R2 Delivery Milestone
Rivian shares gained 7.55% on Monday after joining the Russell 3000E Growth Index, with volume 20% above average. The stock closed near its June 9 high, when R2 deliveries kicked off.
JetBlue Drone Strike Near JFK Intensifies Airspace Safety Concerns
A JetBlue flight reported a drone strike at 3,000 feet near JFK, the second incident in days. No damage was found, but the event underscores growing airspace risks.
Grab Shares Rise Ahead of Indonesia Commission Cut; Buyback Supports
Grab shares gained 3.8% Monday as investors assess the July 1 Indonesia driver commission cut from 20% to 8%. The $500 million buyback plan provides support.
Honeywell Aerospace Debuts as $72B Spin-Off, Data-Center Doubts Loom
Honeywell Aerospace started trading as a $72 billion spin-off, joining the S&P 500 and S&P 100 on day one, as data-center demand uncertainty weighs on the sector.
Alphabet Enters Dow Jones, But AI Spending Remains the Key Driver
Alphabet's entry into the Dow Jones Industrial Average triggers $1.7 billion in ETF flows, but analysts emphasize that AI spending is the primary market mover.
Honeywell Split Debuts Monday: Key Price Level to Watch
Honeywell's two-for-one split begins Monday, with the combined package of new shares valued at $464.42. Both stocks will trade as separate S&P 500 members.
Apple Raises Mac, iPad Prices Amid Memory Cost Surge, iPhone Untouched
Apple raised Mac and iPad prices worldwide as memory costs soared, leaving iPhone prices unchanged. Shares dropped 6.15% then rebounded 2.5%, with investors eyeing margin impacts and future iPhone pricing.
Alphabet Joins Dow Jones, Replacing Verizon with Sevenfold Price Impact
Alphabet enters the Dow Jones Industrial Average on Monday, replacing Verizon and gaining 7.2 times the price impact, but AI talent exits and rising capital spending pressure the stock.
Peabody Energy Faces Securities Suit Over Centurion Setbacks; Capital One, Hy-Vee Hit with Class Actions
Peabody Energy is facing a securities class action after cutting its 2026 Centurion sales outlook by 1 million tons and reporting an $80 million loss at the mine, nearly matching its entire adjusted EBITDA.
Dow Jones Recovers Weekly Gain as Tech Slide Halts Rally Above 52,000
The Dow Jones Industrial Average failed to hold above 52,000 for the third consecutive session, closing at 51,842.08, as a tech slide pressured the broader market.
Grab Stock Nears 52-Week Low as Indonesia Caps Motorcycle Ride-Hailing Fees
Grab Holdings (GRAB) closed at $3.46, near its 52-week low, after Indonesia cut motorcycle ride-hailing commissions to 8% from 20%, pressuring margins.
Dow Jones Drops Below 52,000 After Late Selloff, Tech Weakness Offsets Industrial Gains
The Dow slipped below 52,000 after hitting a 52-week high, with a 735-point swing from peak to close. Caterpillar's surge masked Apple's drop.
Apple Raises Mac, iPad Prices Amid DRAM Cost Surge, iPhone Unchanged
Apple raised Mac and iPad prices by $100-$300 due to soaring memory costs, while iPhone prices stayed unchanged. Shares fell 4.8% as investors weighed margin pressure from rising DRAM prices.
Ondas Stock Dips Despite $40M Defense Orders and Lockheed Counter-Drone Deal
Ondas shares dropped 6.7% despite over $40M in defense orders and a Lockheed counter-drone deal, as selling stockholders may offload 3.1M shares.
Dow Jones Rises on Home Depot and 3M Gains; Alphabet to Replace Verizon in Index
The Dow Jones Industrial Average gained 302 points on Wednesday, driven by strong performances from Home Depot and 3M. Alphabet shares rose after being selected to replace Verizon in the Dow index.
Grab, GoTo Cut Indonesia Bike-Hailing Commissions to 8% After New Cap
Grab and GoTo slash Indonesia motorcycle ride-hailing commissions to 8% from 20% starting July 1, following a new government cap. Grab shares edged lower in pre-market trading.
Micron Earnings in Focus as AI Demand Questioned
Micron shares climb 3.8% premarket after a 13% drop, as Wall Street awaits earnings to gauge AI-driven demand. Nasdaq futures rise 0.41% amid tech recovery hopes.
SoFi's AI Trading Platform Tests Member Monetization
SoFi unveils Composer by SoFi, an AI trading platform, aiming to convert members into fee-generating investors. Shares rose 1.11% as analysts weigh risks.
Delta CEO: Lower Jet Fuel Alone Won't Cut Fares Without Capacity Growth
Delta CEO Ed Bastian says lower jet fuel prices alone won't lower fares without increased flight capacity. U.S. carriers paid $6.47 billion for fuel in April, up 78% from last year, while Q3 capacity growth is just 0.4%.
Focus Universal Surges After Reverse Split, but Fundamentals Questioned
Focus Universal (FCUV) surged post-reverse split, but weak Q1 revenue and going concern doubts persist.
Grab Faces Indonesia Fee Cut Test as Margins Tighten
Grab shares hover near $3.48 as Indonesia cuts ride-hailing commissions from 20% to 8% from July 1, pressuring margins. Investors eye volume growth and AI tools to offset profit risks.
Plug Power Shares Stagnate as Liquidity Milestone Looms
Plug Power shares hover near $2.79 as the hydrogen firm races to close a critical asset sale by month-end to shore up liquidity, with the stock still down 39% from its peak.
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.
Blackstone-Led Lenders Take Over Medallia, Wiping Out Thoma Bravo's $5 Billion Equity
Lenders led by Blackstone, Apollo, and FS KKR Capital have taken control of Medallia from Thoma Bravo, wiping out the buyout firm's $5 billion equity stake. The restructuring includes $150 million in new capital.
US Makes Global Hawk Drone Deployment in Japan Permanent
The US Air Force has permanently stationed three RQ-4B Global Hawk drones at Yokota Air Base, Japan, shifting from seasonal to year-round operations to boost surveillance in the Pacific.