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Why Trump Media Stock Plummeted Today
Shares of Trump Media & Technology Group (NASDAQ: DJT) sank on Tuesday. The company's stock plummeted 10.4% as of market close. The fall comes as the S&P 500 jumped 2% and the Nasdaq Composite fell 2.4%.Trump Media announced on Tuesday that it is raising $2.5 billion to create what would be one of t...The Motley Fool
Tue, May 27
Why Sony Stock Spiked Today
Shares of Sony Group (NYSE: SONY) rose on Tuesday. The company's stock was up 4% by the time the market closed. The move up comes as the S&P 500 jumped 2% and the Nasdaq Composite jumped 2.4%.Reuters reported that Sony will distribute 80% of newly created shares from the upcoming spin-off of its fin...The Motley Fool
Tue, May 27
Why American Express Stock Jumped Today
Shares of American Express (NYSE: AXP) jumped on Tuesday. The company's stock rose 3% by the time the market closed. The move up comes as the S&P 500 (SNPINDEX: ^GSPC) jumped 2% and the Nasdaq Composite (NASDAQINDEX: ^IXIC) jumped 2.5%.Shares of the credit card giant jumped after May's consumer conf...The Motley Fool
Tue, May 27
CenterPoint Energy dips after $800 mln stock offering launch
** Shares of utility CenterPoint Energy CNP.N down 1.8% post-market to $37.07 as it seeks capital raise ** Houston, Texas-based co commences $800 mln stock offering with forward sale component ** It plans to enter into forward sales agreements with bookrunners BoFA, Mizuho and JP Morgan ...Reuters
Tue, May 27
Vail Resorts' shares jump; Rob Katz reappointed as CEO
** Shares of Vail Resorts MTN.N rise ~11% to $168.2 after the bell** Kirsten Lynch has stepped down as CEO and director, ex-CEO Rob Katz to return to the helm** Katz held the CEO position from February 2006 to November 2021** Five of 14 brokerages rate the stock "buy" or higher, seven "h...Reuters
Tue, May 27
Cruise operator Viking slips after secondary offering unveil
** Shares of cruise operator Viking Holdings VIK.N down 2.2% in extended trading to $43.94 after secondary offering launch ** Luxury river and ocean cruise line firm announces sale of ~30.5 mln shares by certain existing holders ** JP Morgan and BofA are underwriters for the offering ...Reuters
Tue, May 27
REFILE-GLOBAL MARKETS-Shares rise, Treasury yields fall, buoyed by easing trade tensions
Wall Street stocks advance, European shares gainYields on 30-year US Treasury fallTokyo mulls cutting super-long bond issuance, Reuters reportsInvestors focus on Nvidia earnings, Fed speechesBy Chibuike Oguh and Tom Wilson NEW YORK, May 27 (Reuters) - Global shares rose on Tuesday, buoyed by sign...Reuters
Tue, May 27
Why Southwest Airlines Stock Climbed by More Than 5% Today
A new pricing regime was the wind lifting Southwest Airlines (NYSE: LUV) stock on Tuesday. On the news that the company is falling in line with a current standard in the airline industry, investors lapped up its shares, to the point where they closed the trading day more than 5% higher in price. Tha...The Motley Fool
Tue, May 27
Why Intuit Stock Topped the Market on Tuesday
Intuit (NASDAQ: INTU) stock was off to a fine start as the Memorial Day-shortened trading week began. The tax and finance software specialist was the subject of a new, bullish analyst note, and investors reacted to this by pushing the stock's price up about 4.4% on the day. That easily beat the 2% i...The Motley Fool
Tue, May 27
Semtech Corp reports results for the quarter ended April 30 - Earnings Summary
Semtech Corp SMTC.OQ reported quarterly adjusted earnings of 38 cents per share for the quarter ended April 30, higher than the same quarter last year, when the company reported EPS of 6 cents. The mean expectation of thirteen analysts for the quarter was for earnings of 37 cents per share. Wall ...Reuters
Tue, May 27
Why Semiconductor Stocks Broadcom, AMD, and Arm Holdings Rallied Today
Shares of major semiconductor stocks Broadcom (NASDAQ: AVGO), Advanced Micro Devices (NASDAQ: AMD), and Arm Holdings (NASDAQ: ARM) rallied on Tuesday, rising 3%, 3.9%, and 5.3%, respectively.Chip stocks generally had a good day, as President Trump announced a delay to his threat of 50% tariffs on Eu...The Motley Fool
Tue, May 27
Okta Inc reports results for the quarter ended April 30 - Earnings Summary
Okta Inc OKTA.OQ reported quarterly adjusted earnings of 86 cents per share for the quarter ended April 30, higher than the same quarter last year, when the company reported EPS of 65 cents. The mean expectation of forty analysts for the quarter was for earnings of 77 cents per share. Wall Street...Reuters
Tue, May 27
TRADING DAY-Japan spreads long bond relief
By Jamie McGeever ORLANDO, Florida, May 27 (Reuters) - TRADING DAYMaking sense of the forces driving global marketsBy Jamie McGeever, Markets Columnist Reasons to be cheerfulA tariff reprieve from U.S. President Donald Trump, a surprise bounce in U.S. consumer confidence and a slide ...Reuters
Tue, May 27
CANADA STOCKS-TSX extends record-setting run as real estate leads broad-based gains
TSX ends up 0.8% at 26,269.00Eclipses Monday's record closing highScotiabank adds 1.6% after earnings reportReal estate rallies 2.6%By Fergal Smith May 27 (Reuters) - Canada's main stock index rose on Tuesday as real estate shares led broad-based gains and after recent strengthening of th...Reuters
Tue, May 27
Cybersecurity company Okta falls after reiterating annual revenue forecast
** Shares of digital identity verification firm Okta OKTA.O fall 11.7% to $110.81 in after-hours trading** OKTA reiterates fiscal 2026 revenue forecast** Company says it is now factoring in potential risks related to the uncertain economic environment for the remainder of FY26 in forecast** For Q2, ...Reuters
Tue, May 27
CenterPoint Energy dips after $800 mln stock offering launch
** Shares of utility CenterPoint Energy CNP.N down 1.9% post-market to $37 as it seeks capital raise ** Houston, Texas-based co commences $800 mln stock offering with forward sale component ** It plans to enter into forward sales agreements with bookrunners BoFA, Mizuho and JP Morgan ...Reuters
Tue, May 27
NYSE says short interest up 1.7% in mid-May
NEW YORK, May 27 (Reuters) - Short interest on the NYSE rose 1.7% in mid-May, the exchange said on Monday.As of May 15, short interest rose to about 18.456 billion shares on NYSE Group, which includes the NYSE, NYSE Arca and NYSE American exchanges, compared with 18.143 billion shares as of April 30...Reuters
Tue, May 27
Nasdaq short interest up 3.3% in mid-May
NEW YORK, May 27 (Reuters) - Short interest on the Nasdaq rose 3.3% in mid-May, the exchange said on Monday.As of May 15, short interest rose to about 16.467 billion shares, compared with 15.945 billion shares as of April 30.Investors who sell securities "short" borrow shares and then sell t...Reuters
Tue, May 27
Semiconductor ETF options show caution ahead of Nvidia results
Semi ETF options trading most defensive in 10 monthsSome signs of caution in Nvidia tradingSome traders sell volatility in Nvidia optionsBy Saqib Iqbal Ahmed NEW YORK, May 27 (Reuters) - Traders in the options markets are bracing for industry-wide volatility when AI-chipmaker Nvidia NVDA.O report...Reuters
Tue, May 27
