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WAI News30 articles
QXO Shares Slide as TopBuild Cash Election Floods Market with 313M New Shares
QXO shares dropped 3.5% after TopBuild holders overwhelmingly chose cash, but proration leaves them with QXO stock, creating a 313 million-share supply test.
Corning Surges 15% on AI Fiber Deals, Tops All Analyst Targets
Corning shares jumped 15% after AI fiber deals with Amazon and Meta, pushing the stock above all analyst targets and adding $29 billion in market cap.
GameStop Stock Rises as EBITDA Forecast Nears Cash Pile Value
GameStop shares rose 3.57% to $21.76 after forecasting FY2026 adjusted EBITDA above $600 million, nearly matching its $9.7 billion cash pile. The market cap now closely aligns with liquid assets.
Boomer Wealth Tops $90 Trillion but Cash Reserves Are Thin, Posing Risks for Banks and Retailers
U.S. baby boomers control nearly $90 trillion in household wealth, yet their average liquid cash is only $100,250, signaling a key risk for firms dependent on retiree cash flow rather than net worth.
Student Loan Autopay Discount Slashed Ahead of July Reset
Eligible federal Direct Loan borrowers will receive a temporary 1-point interest rate cut through autopay from July 1, 2026, to June 30, 2028, as new loan rates increase to between 6.52% and 9.07%.
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.
Jersey Mike’s Topples Chick-fil-A in Customer Satisfaction Rankings
Jersey Mike’s scored 84 in the 2026 American Customer Satisfaction Index, edging Chick-fil-A’s 83 to end its 11-year reign as top QSR, as value and digital pickup gain importance.
Amazon Ousts Walmart to Top Fortune 500, Reshaping Corporate Peeking Order
Amazon has claimed the top spot on the 2026 Fortune 500, ending Walmart's 13-year run and signaling a shift in corporate power driven by e-commerce, cloud computing, and healthcare.
Cuban Dumps Bitcoin, Calls It 'Lost the Plot' as Price Tops $64K
Mark Cuban says Bitcoin has lost its purpose as a hedge, revealing he sold most of his holdings before recent conflicts, even as BTC briefly topped $64,000.
AI Infrastructure Boom: Top Stocks to Watch in 2026
AI infrastructure is a hot new market focus, with Nvidia, Broadcom, Applied Materials, Intel, and Oracle leading the way. Each stock offers unique opportunities and risks.
Dollarama Shares Jump 8% as Q1 Sales and Profit Top Estimates
Dollarama shares surged 8.11% after beating Q1 sales and profit estimates, with Canadian comparable sales up 5.6% and strong international growth. The company maintained its fiscal 2027 guidance and declared a $0.12 dividend.
Casey's After-Hours Surge Tops Street Estimates on Pizza and Fuel Strength
Casey's stock jumped in after-hours trading after the convenience-store chain beat earnings and revenue estimates, fueled by record pizza sales and higher fuel margins.
SCHD's Heavy Top Holdings Raise Red Flags for Safety Seekers
SCHD's top 10 holdings now make up 43.5% of assets, raising concentration risk. With a 3.24% yield and $95.17B in assets, the fund's safety profile is under scrutiny.
Goa Rooftop Solar Awards Highlight Local Players Amid National Expansion Challenges
Goa's rooftop solar sector gains recognition as local installers win awards, but national rollout faces risks from bank reluctance, state delays, and grid issues under India's PM Surya Ghar scheme.
GameStop Posts Record Profit, Unveils $2B Buyback Amid eBay Pursuit
GameStop posted record Q1 net income of $389.6 million, driven by collectibles, and announced a $2 billion buyback. Shares jumped 7.4% after hours.
Walmart tops Q1 forecasts but cautious Q2 outlook weighs on shares
Walmart beat Q1 estimates with $177.8B in revenue, but a softer Q2 outlook and fuel cost pressures sent shares down 2% in premarket.
Top US Carriers Join Forces for Satellite Network to End Dead Zones
AT&T, Verizon, and T-Mobile announced an unprecedented partnership to create a satellite-based network connecting standard phones directly to satellites, aiming to eliminate wireless dead zones across the U.S.
Oklo Shares Slide as Q1 Loss Triples, Cash Hoard Tops $2.5 Billion
Oklo reported a Q1 net loss of $33.1 million, more than triple last year, as R&D and admin costs surged. The company holds $2.54 billion in cash but has no reactor revenue.
Flashscore Tops Speed Poll Ahead of 2026 World Cup
Flashscore was named fastest live sports platform in a survey across UK, Italy, and Brazil, with 46-53% of fans citing it as quickest, just weeks before the 2026 World Cup.
GameStop Shares Swing Wildly After Roaring Kitty X Account Posts Then Deletes Crypto Content
GameStop shares surged up to 13% after posts appeared on Keith Gill's Roaring Kitty X account, then erased gains as the posts vanished within an hour, sparking speculation the account was hacked.
Opendoor Q1 Revenue Tops Estimates, But Profitability Concerns Loom
Opendoor's Q1 revenue of $720M beat forecasts, but sales fell 38% YoY. The company expects Q2 revenue growth of 25% and adjusted EBITDA breakeven.
Beyond Meat Tops $1 Ahead of Q1 Results, Nasdaq Compliance in Focus
Beyond Meat shares reclaimed the $1 mark ahead of first-quarter earnings, but Nasdaq compliance pressure remains as the company faces a deadline to boost its stock price.
One Stop Systems Surges on Q1 Revenue Beat; Memory Supply Risks Emerge
One Stop Systems reported a 55% revenue jump to $8.1 million, beating estimates, but flagged memory supply risks and customer concentration.
Occidental Petroleum Q1 Profit Tops Estimates, Debt Reduction in Focus
Occidental Petroleum reported Q1 adjusted EPS of $1.06, above expectations, as US production rose. The company reduced debt to $13.3 billion and lowered its full-year production forecast. CEO transition planned for June 1.
GameStop's $56B Bid for eBay Faces Skepticism as Stock Lags Offer
GameStop's $55.5 billion bid for eBay, offering $125 per share, has sparked a takeover battle, but eBay's stock remains below the offer price due to investor skepticism.
GameStop's $55.5 Billion eBay Offer Faces Skepticism as Cohen Pursues Transformation
GameStop's $55.5 billion bid for eBay at $125 per share faces Wall Street skepticism, with eBay's market cap nearly four times larger. EBay shares rose but stayed below offer, while GameStop fell 3%.
eBay Soars on Report of GameStop Takeover Bid
eBay shares surged over 13% after-hours on reports that GameStop is preparing a takeover bid. The potential deal raises questions about financing and strategic fit.
GameStop Prepares Bid for eBay, Testing Cohen's $100B Goal
GameStop is preparing a takeover bid for eBay, with CEO Ryan Cohen's $100B market cap compensation plan on the line. eBay shares surged 14% after-hours.
eBay Shares Surge on Q1 Beat and GameStop Acquisition Rumors
eBay shares rose 9% in extended trading following a Q1 earnings beat and reports that GameStop may make a bid for the online marketplace.
GameStop's $9 Billion War Chest Fuels Stock Rally
GameStop shares climbed to $26.61 as the market speculates on CEO Ryan Cohen's strategy for the company's $9 billion cash pile. Q4 results revealed a sales decline but improved operating income.