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TOP News30 articles
TOP Financial Stock Climbs 8.5% Despite Revenue Decline and Net Loss
TOP Financial Group shares gained 8.5% to $16.73 despite an 18.8% revenue decline and a net loss of $113,433, reversing a year-ago profit.
Costco Q4 Profit Tops Estimates, But Tariff Refund Masks Modest Core Beat
Costco beat Q4 earnings estimates, but a $0.15 tariff refund drove most of the surprise. Excluding that benefit, the beat was just $0.07. Shares were nearly flat in premarket trading.
Alphabet Opens Googlebook Preorders, Testing Gemini in Premium Laptops
Alphabet began preorders for five Googlebook laptops starting at $899, a five-partner hardware push that brings Gemini and Android into premium PCs.
Ryan Cohen Boosts GameStop Stake with $26.4 Million Share Purchase
GameStop CEO Ryan Cohen purchased 1,150,680 shares for $26.39 million, increasing his beneficial stake to 8.7%. The stock rose 3.21% in after-hours trading.
GRAIL Soars 35% Ahead of FDA Panel, Topping All Analyst Price Targets
GRAIL shares surge 34.7% to $108.78 two days before FDA panel review of Galleri test, outpacing all analyst price targets as investors price in approval.
Treasury Buyback Success Questioned as 10-Year Yield Tops 5%
Bessent hails $6B buyback as successful, but 10-year yield remains above 5%, raising questions about the program's impact on long-term rates.
Federal Grant Freezes Top $177B, Savings Claims Unverified
A new tracker reports $177B in disrupted federal grants, but savings remain unverified. GAO review found only 3.8% of DOGE savings substantiated, raising investor concerns.
IRS 2027 Tax Brackets Projected: Top Rate Kicks In at $793,650 for Couples
Bloomberg Tax projects the 37% tax bracket will start at $793,650 for joint filers and $661,375 for single filers in 2027, based on a 3.2% inflation adjustment.
Trump Urges Ukraine to Stop Strikes on Russian Refineries, Diesel Shortage Persists
President Trump urges Ukraine to stop striking Russian refineries, citing global diesel shortage. IEA data shows a 1.6 million bpd supply gap persists.
GameStop CEO Cohen Invests $20.4M, Signals Confidence
Ryan Cohen's $20.4M purchase of GameStop shares signals confidence, but the move doesn't prove the company's larger capital allocation strategies are creating value.
Fuel Costs Surge: Wholesale Petrol Jumps 9c as Brent Tops $108
Wholesale petrol prices across Australia jumped 9 cents per litre in four days, with Brent crude at $108. This will hit motorists and transport stocks.
Diesel Tops $6 as Gasoline Hits $4.30: Inflation Risks Mount
Gasoline at $4.295 and diesel above $6 signal fresh inflation risks as crude's geopolitical premium overrides softer demand.
GameStop Raises EBITDA Outlook as Collectibles Reshape Business
GameStop raised its adjusted EBITDA forecast to $650M, powered by a surge in collectibles sales and lower costs, even as total revenue declined sharply.
Como's €1B Valuation Question: Losses Top €132M
Despite a €1 billion valuation claim, Como 1907's accounts reveal a €132.1M loss. Champions League revenue may boost income but not sufficient to validate the figure.
Wingstop's 100-Pass Wing Deal: Marketing Ploy, Not Earnings Driver
Wingstop's $27.99 Wing Pass unlocks 18 weekly bundles but only 100 passes are available, making it a marketing experiment rather than an earnings driver. WING stock saw minimal movement.
Dow Futures Edge Higher Ahead of PPI; Nasdaq Dips as Oil Tops $102
Dow futures edged up before August PPI, but Nasdaq-100 futures fell as Brent crude topped $102. Investors await inflation data to gauge rate and growth outlook.
Royal Caribbean Dips 1.8% as Oil Tops $100—Valuation Test Looms
Royal Caribbean shares dropped 1.8% to $259.76 as oil crossed $100, leaving the stock 15.7% below its August high. A lower valuation offers a potential entry, but fuel costs and booking trends remain key.
Brent Tops $101 as Geopolitical Risk Surges; EIA Sees $90 Average
Brent crude jumps above $101 per barrel following attacks on tankers and Saudi infrastructure, while the EIA maintains a $90 average forecast for the second half.
Dollar's Modest Gain Masks Yen Strength as Oil Tops $101
The dollar index edged up just 0.1% even as Brent crude topped $101 and 10-year yields approached 4.85%. Yen strength and BOJ hike bets are capping USD/JPY gains.
Firmus Secures OpenAI as Anchor, Portfolio Tops 900MW
Firmus signs OpenAI as anchor for Malaysia AI factories, pushing contracted portfolio above 900MW, but only two of seven sites are live.
GameStop's eBay Stake Drops $459M Since Q2 Close
GameStop's Q2 report is due Tuesday, but its eBay stake has fallen $459M since quarter-end, underscoring the growing influence of investment marks on results.
Tesla's $88B Drop: Cybercab Audit Revives Autopilot Scrutiny
Tesla shares plunged 5.92% after a new federal audit of its Cybercab, erasing $88 billion in market value and reigniting concerns over its autonomous driving data.
Nasdaq-100 Dividend Yields: Only Kraft Heinz Tops Long Bond
A 3% dividend screen narrows the Nasdaq-100 to eight stocks, but only Kraft Heinz beats the 30-year Treasury yield. Comcast and utilities trail as risks mount.
Netflix's The Gentlemen Season 2 Tops Chart; Official Metrics Due Tuesday
The Gentlemen Season 2 tops FlixPatrol's global Netflix chart, but official view data is due Tuesday. Netflix shares fell 5.35% on Friday, and the Season 3 renewal precedes audience evidence.
Apple 'Mayday' Tops Streaming Charts, But Subscriber Impact Remains Unclear
Apple's action comedy 'Mayday' hit No. 1 on two streaming charts, but the data doesn't reveal subscriber impact. Shares fell 2.51% on Friday.
Tesla Surges $76B on Cybercab Debut Amid Autopilot Probes
Tesla shares soared 5.42% to $376.365, boosting market value by $76B, as Cybercabs launched in Austin. Autopilot crash reports surface, but investors bet on robotaxi growth.
Gasoline Futures Rally as Retail Prices Top $4.12
U.S. gasoline futures rose 0.9% as the national average retail price climbed above $4.12. October RBOB futures gained 0.86% to $3.1621 per gallon, with inventories down 7% year-over-year.
Top 1-Year CD Yields 4.35% APY, Outpacing National Average by 2.64 Points
Top one-year CD yields 4.35% APY, beating the 1.71% national average by 2.64 points. A $10,000 deposit earns $435 vs $171, highlighting the value of shopping for rates.
Tech Futures Slide 1.4% as Oil Tops $92, Yields Climb
Nasdaq-100 futures dropped 1.35% as oil prices surged past $92 and bond yields climbed, squeezing growth stocks. Energy led premarket gains, while most sectors declined.
Tesla Surges 5.5% as Autopilot Data Fuels Autonomy Optimism
Tesla (TSLA) shares surged 5.5% Monday, adding $75.8 billion in market value, as investors focused on autonomy potential despite fresh safety data.