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Why Joby Aviation Stock Is Soaring Today
Shares of Joby Aviation (NYSE: JOBY) are flying higher on Wednesday. The company's stock spiked 30.2% as of 2:21 p.m. ET. The jump comes as the S&P 500 and the Nasdaq Composite were mostly flat.The company, which develops electric vertical take-off and landing (eVTOL) aircraft, announced yesterday a...The Motley Fool
Wed, May 28
US STOCKS-Indexes near flat following Fed minutes; Nvidia results ahead
Nvidia, Salesforce results due after the bellDick's Sporting Goods up after first-quarter results beatIndexes: Dow down 0.3%, S&P 500 down 0.1%, Nasdaq up 0.1%By Caroline Valetkevitch NEW YORK, May 28 (Reuters) - U.S. stock indexes were narrowly mixed on Wednesday afternoon as investo...Reuters
Wed, May 28
Brazil airline Azul files for Chapter 11 to restructure debt
Restructuring includes commitment of $1.6 billion in financing Deal also includes elimination of more than $2 billion of debt Further commitment of up to $950 million in equity financingBy Gabriel Araujo May 28 (Reuters) - Brazilian airline Azul AZUL.N on Wednesday filed for Chapter 11 bankru...Reuters
Wed, May 28
A Cathie Wood Favorite Is Falling: Why Tempus AI Stock Is Imploding Today
Shares of Tempus AI (NASDAQ: TEM) are falling on Wednesday. One of Cathie Wood's largest holdings, the company's stock plummeted 18.7% as of 2:15 p.m. ET. The collapse comes as the S&P 500 (SNPINDEX: ^GSPC) and the Nasdaq Composite (NASDAQINDEX: ^IXIC) were mostly flat.Tempus, a "precision medicine"...The Motley Fool
Wed, May 28
Monro shares poised for biggest daily pct gain ever; co says to close 145 stores
** Shares of Monro MNRO.O up 29.7% at $16.56, on track for biggest daily percentage gain in its history, on Wed after the auto repair service co reported qtrly results including sales that beat expectations but adj EPS that disappointed** The co also said it had identified 145 underperforming stores...Reuters
Wed, May 28
Why Advance Auto Parts Stock Is Rising Today
Shares of the aftermarket automotive products company Advance Auto Parts (NYSE: AAP) were climbing today after a report released this week showed that demand for used vehicles is rising. If Americans continue to hold on to their older vehicles, it could help spur more auto parts sales.Investors may ...The Motley Fool
Wed, May 28
Dicks Sporting Goods Sales Jump
DICK'S Sporting Goods (NYSE:DKS) reported 1Q25 earnings on May 28, 2025, delivering 4.5% comparable sales growth, consolidated sales of $3.17 billion, and non-GAAP EPS of $3.37 while reaffirming full-year guidance. Management announced substantive strategic progress, including acceleration in omnich...The Motley Fool
Wed, May 28
Should I Save for Retirement as If Social Security Won't Exist?
As always, The Motley Fool cannot and does not provide personalized investing or financial advice. This information is for informational and educational purposes only and is not a substitute for professional financial advice. Always seek the guidance of a qualified financial advisor for any question...The Motley Fool
Wed, May 28
U.S. STOCKS ON THE MOVE-Nvidia, Salesforce, Kestrel Group
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8Wall Street's main indexes fell slightly on Wednesday, after a sharp rally in the previous session sparked by easing trade tensions, as investors awaited AI bellwether Nvidia's resul...Reuters
Wed, May 28
Kestrel Group soars in Nasdaq listing after merger with Maiden Holdings
** Shares of specialty insurance firm Kestrel Group KG.O begin trading on the Nasdaq under ticker symbol "KG" after merger completion with Bermuda-based Maiden Holdings** Shares jump as much as 60%, last up 37.8% at $31.71** In December, the companies had agreed to combine their business in ...Reuters
Wed, May 28
Definity's Travelers Canada deal could prompt consolidation as need for scale key, CEO says
By Nivedita Balu TORONTO, May 28 (Reuters) - Canadian property and casualty insurer Definity Financial's DFY.TO $2.4 billion purchase of Travelers Cos' TRV.N Canadian business could spur a wave of consolidation in Canada's insurance sector, its CEO said. The deal announced Tuesday ...Reuters
Wed, May 28
Okta Delivers Record Q1 Profitability
Okta (NASDAQ:OKTA) reported its fiscal 2026 first-quarter earnings on May 27, 2025, delivering 12% year-over-year total revenue growth, record profitability, and strong cash flow. Management introduced suite-based pricing, announced accelerating product innovation in both human and nonhuman identity...The Motley Fool
Wed, May 28
LIVE MARKETS-Turning a corner or time to trim small caps?
Main US indexes slightly redUtilities weakest S&P 500 sector; Comm Svcs, Tech edge upDollar rallies; crude up ~2%; gold slips; bitcoin down ~2%US 10-Year Treasury yield rises to ~4.49%Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your th...Reuters
Wed, May 28
Global investors launch Europe defence funds to profit from rearmament
By Iain Withers LONDON, May 28 (Reuters) - BlackRock BLK.N and BNP Paribas BNPP.PA have become the latest asset managers to launch exchange-traded funds focused on funnelling cash into Europe's defence industry, with at least nine new funds created in the last seven months.European government...Reuters
Wed, May 28
Why Pony AI Stock Is Falling Hard Today
Shares of the Chinese autonomous-driving company Pony AI (NASDAQ: PONY) were falling this morning. The decline came after reports that TuSimple, a maker of self-driving trucks, sent sensitive autonomous-vehicle data to China even as it promised the U.S. government not to disclose information based o...The Motley Fool
Wed, May 28
Why Artificial Intelligence Stock Tempus AI Is Tumbling Today
Shares of artificial intelligence (AI) company Tempus AI (NASDAQ: TEM) are down to the tune of 15.6% as of 11:13 a.m. ET on Wednesday, upended by a warning from investment management outfit Spruce Point Capital Management.Just consider the source, and the fact that Spruce Point has something to gain...The Motley Fool
Wed, May 28
PREVIEW: Salesforce dips with earnings due after the bell
** Salesforce CRM.N shares off 0.4% at $276.09 ahead of Q1 results due after the closing bell on Wednesday** The cloud-software and customer relationship management technology company is expected to report adj EPS of $2.54 on revenue of $9.75 bln, per LSEG, data, vs yr-ago earnings of $2.44 per shar...Reuters
Wed, May 28
European stocks close lower as caution lingers on US trade policy progress
German import prices unexpectedly contractsGerman unemployment rises by more than expected in MayNvidia's earnings to release after the bellKingfisher down after Q1 resultsBy Nikhil Sharma and Purvi Agarwal May 28 (Reuters) - Europe's main stock index closed lower amid broader declines on...Reuters
Wed, May 28
Why Okta Stock Plunged on Wednesday
Cybersecurity specialist Okta (NASDAQ: OKTA) took a tumble Wednesday, falling 14.6% through noon ET. The crazy thing is, Okta's news looked pretty good.Wall Street anticipated Okta would report fiscal Q1 2026 profits of $0.77 per share, adjusted for one-time items, on sales of $680.1 million. In fac...The Motley Fool
Wed, May 28
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