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News Archive

May 13, 2026Connected
136 storiesLast updated: 2:46:21 AMPage 1 of 3

Macro Economy

Macro EconomyBearishUpdated×4

US PPI Surges 1.4% in April Triggering Treasury Yield Spike

Key Facts

  • •The Producer Price Index (PPI) rose by 1.4% MoM, marking the largest monthly jump since March 2022.
  • •Annual PPI surged to 6.0%, significantly exceeding the expected 4.8%.
  • •2-year Treasury yields spiked to over 4.00%, reaching their highest levels since March.
Impact:
7/10
5 months ago

Stocks

StocksBullish

Argentina Grants TGS Tax Incentives for $550M Gas Pipeline Expansion

Key Facts

  • •Argentina's economy ministry approved Transportadora de Gas del Sur's application to enter the RIGI large-investment incentive scheme.
  • •The expansion project for the Perito Moreno gas pipeline is valued at approximately $550 million.
Impact:
7/10
5 months ago

Crypto

CryptoBullishUpdated

NUVA Protocol Bridges $19B in Tokenized Assets to Ethereum

Key Facts

  • •Animoca-backed NUVA protocol connected $19 billion of tokenized assets from Figure to the Ethereum network.
  • •The protocol, led by a veteran BNY executive, aims to bridge real-world assets (RWA) with DeFi markets.
Impact:
7/10
ETH
5 months ago

Geopolitics

GeopoliticsBearishUpdated

Japan's Calbee Shifts to B&W Packaging Amid Strait of Hormuz Closure

Key Facts

  • •Calbee announced it will temporarily switch to black and white packaging due to ink supply disruptions.
  • •The supply shortage is attributed to the closure of the Strait of Hormuz amid military tensions.
Impact:
7/10
5 months ago

Mergers & Acquisitions

Mergers & AcquisitionsMixedUpdated×5

eBay Rejects $56 Billion Takeover Bid from GameStop, Citing Lack of Credibility

Key Facts

  • •eBay rejected a $56 billion takeover bid from GameStop, describing the proposal as neither credible nor attractive.
  • •GameStop, led by Ryan Cohen, is pursuing eBay as a vehicle to compete with Amazon.
Impact:
6/10
EBAYGME
5 months ago

Bonds

BondsBullishUpdated

Venezuela Launches $170 Billion Sovereign Debt Restructuring

Key Facts

  • •Venezuela is seeking to restructure $170 billion in debt after being shut out of global markets since 2017.
  • •The move comes as diplomatic relations between Venezuela and the United States begin to thaw.
Impact:
6/10
5 months ago
136 stories this day
Macro EconomyBearish

US Inflation Pressures Trigger 3% Pullback in Semiconductor Index

Key Facts

  • •April's CPI data showed broad-based inflation pressures, with core inflation rising above expectations.
  • •The Philadelphia Semiconductor Index dropped 3% following a historic rally.
  • •The Fed's 'Supercore' inflation measure returned to levels above 3%.
Impact:
6/10
5 months ago
StocksBullish

Defense Firm Anduril Valuation Hits $61B Amid Rising IPO Expectations

Key Facts

  • •Defense contractor Anduril completed a funding round at a $61 billion valuation.
  • •The company is involved in building President Trump’s 'Golden Dome' antimissile shield.
Impact:
7/10
5 months ago
StocksBullish

Blue Bird Acquires Full Stake in Micro Bird, Raises FY2026 Guidance

Key Facts

  • •Blue Bird acquired the remaining 50% of Micro Bird for $201.8 million.
  • •The company raised its FY2026 EBITDA guidance by 8.9%.
  • •The deal implies a 10.7x FY2026 EBITDA multiple, which is below the sector median of 12.3x.
Impact:
7/10
BLBD
5 months ago
StocksBearish

ImmunityBio Sued Following FDA Warning Over Misleading Cancer Drug Claims

Key Facts

  • •ImmunityBio faces a securities class action lawsuit after the FDA issued a warning letter regarding misleading efficacy claims for its product Anktiva.
  • •The news caused IBRX shares to plunge 21%, resulting in a loss of approximately $2 billion in market capitalization.
Impact:
7/10
IBRX
5 months ago
StocksBullish

Corning Stock Hits Record High on NVIDIA Partnership and Ambitious Growth Plan

Key Facts

  • •Corning Inc. stock reached an all-time high of $209.43, bringing its market capitalization to $179 billion.
  • •The company announced a partnership with NVIDIA to expand optical connectivity manufacturing.
  • •The Springboard growth plan aims for $35 billion in annualized sales by 2030.
Impact:
7/10
GLWNVDA
5 months ago
StocksBullish

Aritzia Q4 Results Validate Premium Valuation Amid Surging US Growth

Key Facts

  • •Aritzia revenue surged 32.6% YoY in Q4 to $1.19 billion, driven by robust U.S. growth.
  • •Digital revenue reached $1.3 billion with 35% digital penetration, underscoring omni-channel strength.
  • •Comparable sales climbed 27.7% in Q4, supported by an upbeat Fiscal 2027 outlook.
Impact:
6/10
ATZAF
5 months ago
StocksBullish

Saudi Aramco Targets $10 Billion in Real Estate Asset Monetization

Key Facts

  • •Saudi Aramco expects to raise at least $10 billion through a sale and leaseback deal for its real estate assets.
  • •Potential assets in the deal include the Dhahran Camp residential community in the Kingdom's Eastern Province.
Impact:
6/10
2222.SR
5 months ago
StocksNeutralUpdated

Apple Criticizes EU Push for AI Rival Access to Google Services

Key Facts

  • •Apple criticized EU proposals aimed at forcing Google to grant AI rivals access to its services.
  • •Apple argues that these Digital Markets Act measures would introduce significant risks to user privacy and security.
Impact:
6/10
AAPLGOOGL
5 months ago
StocksBullish

Fervo Energy Raises $1.9 Billion in IPO to Scale Geothermal Power Technology

Key Facts

  • •The start-up Fervo Energy raised $1.9 billion in an initial public offering to fund its geothermal energy technology.
Impact:
6/10
5 months ago
StocksBullishUpdated

FedEx Board Formally Approves Spin-off of FedEx Freight Unit

Key Facts

  • •The FedEx Board approved the separation of FedEx Freight via a pro rata dividend of 80.1% of shares to stockholders of record as of May 15, 2026.
Impact:
6/10
FDX
5 months ago
StocksBullish

Atmos Energy and Host Hotels Beat Earnings Estimates; ATO Raises Guidance

Key Facts

  • •Atmos Energy reported Q2 2026 EPS of $5.92, significantly beating the forecast of $3.38.
  • •Host Hotels & Resorts reported Q1 EPS of $0.72, surpassing the expected $0.35.
  • •Atmos Energy raised its full-year FY2026 EPS guidance to a range of $8.40-$8.50.
Impact:
6/10
ATOHST
5 months ago
StocksBullish

Tower Semiconductor Shares Surge as Q1 Earnings Beat Estimates on AI Demand

Key Facts

  • •Tower Semiconductor reported Q1 revenue of $413.6 million, exceeding consensus estimates of approximately $408 million.
  • •Shares jumped 12% following the announcement of 15% year-over-year revenue growth and an upbeat outlook.
Impact:
6/10
TSEM
5 months ago
StocksBullish

Ormat Technologies Hits 52-Week High on Earnings Beat

Key Facts

  • •Ormat Technologies (ORA) hit a new 52-week high of $133.56 after beating EPS and revenue expectations.
  • •The company announced a quarterly dividend of $0.12 per share with an average analyst price target of $131.64.
Impact:
6/10
ORA
5 months ago
StocksBullish

Enphase Stock Surges 11.6% on Commercial Solar Market Expansion

Key Facts

  • •Enphase shares jumped 11.6% following the announcement of U.S. pre-orders for its new IQ9S-3P Commercial Microinverter.
  • •The stock rally was supported by positive results from competitor First Solar and increased global demand for renewable energy.
Impact:
6/10
ENPH
5 months ago
StocksBearish

Zoetis Faces Securities Fraud Probe After 21.5% Stock Crash

Key Facts

  • •Levi & Korsinsky commenced a securities fraud investigation into Zoetis Inc. following a 21.5% single-session stock decline.
  • •ZTS shares lost approximately $23.91 per share on May 7, 2026, after missing Q1 expectations and cutting full-year revenue guidance.
Impact:
6/10
ZTS
5 months ago
StocksBearish

Congress Inquires Into Instructure Following Canvas Data Breach

Key Facts

  • •The House Homeland Security Committee is seeking answers from Instructure after a hacker group stole data from more than 9,000 schools.
Impact:
6/10
5 months ago
StocksBearish

HF Sinclair Terminates CFO Atanas Atanasov Following Audit Committee Review

Key Facts

  • •U.S. refiner HF Sinclair announced the termination of CFO Atanas Atanasov on Wednesday.
  • •Atanasov had been on voluntary leave since late February following concerns raised by the company's audit committee.
Impact:
6/10
DINO
5 months ago
StocksBullish

Court Rules in Favor of Kalshi, Boosting Event-Based Prediction Markets

Key Facts

  • •The Third Circuit Court sided with KalshiEX LLC in its dispute with the CFTC regarding the regulation of event-based swap contracts.
Impact:
6/10
5 months ago
StocksBearish

Birkenstock Shares Plunge 13% on Earnings Miss and Margin Pressure

Key Facts

  • •Birkenstock shares fell more than 13% after reporting second-quarter profit that missed analyst estimates.
  • •Fiscal second-quarter revenue reached 618 million euros, up 8% on a reported basis.
  • •US tariffs and foreign exchange headwinds weighed on the German shoemaker's margins.
Impact:
6/10
BIRK
5 months ago
StocksBullishUpdated×2

Cisco Shares Surge 19% on Raised Revenue Forecast and AI Infrastructure Demand

Key Facts

  • •Cisco plans to cut about 4,000 jobs, affecting less than 5% of its workforce, to refocus on AI.
  • •The company raised its sales forecast based on strong AI demand despite the layoffs.
Impact:
6/10
CSCO
5 months ago
StocksBullish

Bloom Energy Supplier Wins Record Contract to Power AI Data Center Infrastructure

Key Facts

  • •Federal Pacific announced its largest contract ever from Bloom Energy to supply medium-voltage switchgear and engineering services for a large-scale AI data center project.
Impact:
6/10
BE
5 months ago
StocksBullish

FDA Grants Accelerated Approval to BeOne Medicines' BEQALZI for Lymphoma

Key Facts

  • •The U.S. FDA granted accelerated approval to BEQALZI (sonrotoclax) as the first BCL2 inhibitor for relapsed or refractory mantle cell lymphoma.
Impact:
6/10
ONC
5 months ago
StocksBearish

Hub Group and ZoomInfo Face Shareholder Probes Following Steep Stock Declines

Key Facts

  • •Levi & Korsinsky initiated an investigation into Hub Group following the disclosure of material accounting errors that led to a 12.5% share price drop.
  • •ZoomInfo is facing an investigation after a sharp downward revision to its FY 2026 guidance caused shareholders to lose 33% of their investment value.
Impact:
6/10
HUBGGTM
5 months ago
StocksBullish

AIG Shareholders Approve 11% Dividend Hike Following Strong 2025 Financials

Key Facts

  • •AIG reported strong 2025 financial performance during its 2026 Annual General Meeting.
  • •Shareholders approved an 11% dividend increase and changes in board leadership.
  • •The company highlighted strategic initiatives in AI and investments.
Impact:
6/10
AIG
5 months ago
StocksBearish

Meta Challenges New Mexico's $3.7 Billion Teen Mental Health Plan

Key Facts

  • •A lawyer for Meta Platforms challenged New Mexico's $3.7 billion proposal to address teen mental health harms in court.
Impact:
6/10
META
5 months ago
StocksBullish

DDI Beats Q1 Earnings Estimates Driven by Direct-to-Consumer Growth

Key Facts

  • •DDI reported earnings per share of $0.71, surpassing the analyst estimate of $0.58.
  • •Company revenue increased by 12.7% to $94.12 million, driven by the acquisition of WHOW Games GmbH.
  • •Direct-to-Consumer (DTC) revenue grew significantly to $34.00 million from $9.00 million in the prior year.
Impact:
6/10
DDI
5 months ago
StocksBullishUpdated×4

Nextpower Hits 52-Week High as Earnings Beat Estimates by 18%; Citigroup Hikes Target

Key Facts

  • •Nextpower reported fiscal fourth-quarter earnings that exceeded analyst expectations.
  • •The company hiked its revenue outlook for the 2027 fiscal year.
Impact:
6/10
5 months ago
StocksBullishUpdated×2

Alibaba Shares Surge 7% as Cloud and AI Growth Lead Q4 Results

Key Facts

  • •Alibaba shares climbed nearly 7% in early trading following the announcement of its fiscal 2026 fourth-quarter results.
  • •Results showed accelerating momentum in cloud and AI sectors, even as heavy investment spending weighed on profitability.
Impact:
6/10
BABA
5 months ago
StocksBullish

SMA Solar Sales Climb as European Demand for Rooftop Panels Surges

Key Facts

  • •SMA Solar reported increased demand for residential and commercial solar equipment in Europe.
  • •Geopolitical tensions have lifted sales in the company's home and business divisions.
Impact:
6/10
S92
5 months ago
StocksMixedUpdated

Takeda Pharmaceutical to Cut 4,500 Jobs in Major Restructuring Push

Key Facts

  • •Japan's Takeda Pharmaceutical plans to cut about 4,500 jobs in fiscal year 2026.
  • •The job cuts aim to centralize corporate functions and reduce costs as part of a restructuring effort.
Impact:
6/10
5 months ago
StocksNeutral

Blackstone Digital and GSR V Price IPOs on NYSE and NASDAQ

Key Facts

  • •Blackstone Digital Infrastructure Trust announced the pricing of its IPO for up to $2 billion at $20.00 per share.
  • •GSR V Acquisition Corp announced the pricing of its $200 million IPO at $10.00 per unit.
Impact:
5/10
BXDCGSRV
5 months ago
StocksBullish

Quaker Houghton Unveils $250 Million Buyback and Quarterly Dividend

Key Facts

  • •Quaker Houghton's Board of Directors declared a quarterly cash dividend of $0.508 per share.
  • •The company authorized a new stock repurchase program totaling $250 million.
  • •The dividend is payable on July 31, 2026, to shareholders of record as of July 17, 2026.
Impact:
5/10
KWR
5 months ago
StocksMixedUpdated

BrainsWay Stock Dips Despite Q1 Earnings Beat and 35% Revenue Surge

Key Facts

  • •BrainsWay reported adjusted EPS of $0.06 and revenue of $15.5 million, surpassing analyst estimates.
  • •The stock fell over 2% in pre-market trading as the company reiterated its full-year guidance instead of raising it.
  • •The company achieved 35% year-over-year revenue growth and shipped a record number of Deep TMS systems.
Impact:
5/10
BWAY
5 months ago
StocksBullishUpdated×2

CDW Authorizes $1 Billion Increase to Share Buyback Program

Key Facts

  • •CDW Corporation announced a $1 billion increase to its share repurchase program, bringing the total available authorization to approximately $1.484 billion.
Impact:
5/10
CDW
5 months ago
StocksBearishUpdated

Weichai Power Sells Stake in Ballard Power for Cdn$39.7 Million

Key Facts

  • •Weichai Power Hong Kong International sold 6,878,886 common shares of Ballard Power Systems Inc for Cdn$39,737,594.05.
Impact:
5/10
BLDP
5 months ago
StocksBullish

JPMorgan Asset Management Revenue Jumps 11% as AUM Hits $4.8 Trillion

Key Facts

  • •JPMorgan's Asset & Wealth Management revenues rose 11% as assets under management reached $4.8 trillion.
Impact:
5/10
JPM
5 months ago
StocksBullish

Western Midstream Beats Q1 Earnings Estimates on Strong Throughput Volumes

Key Facts

  • •Western Midstream Q1 earnings exceeded estimates driven by higher throughput volumes of natural gas, crude oil, and water.
Impact:
5/10
WES
5 months ago
StocksBullish

MP Materials Beats Q1 Earnings Estimates Despite Temporary Production Headwinds

Key Facts

  • •MP Materials reported Q1 earnings per share of $0.03, exceeding consensus estimates by $0.06.
Impact:
5/10
MP
5 months ago
StocksBullish

Teekay and Lulus Q1 Results: Dividend Declarations and Improved Operating Margins

Key Facts

  • •Teekay Tankers declared a fixed quarterly cash dividend of $0.25 per share for the first quarter.
  • •Lulus reported a net loss improvement of $3.9 million and a gross margin increase of 480 basis points in Q1 2026.
  • •Teekay Corporation reported its Q1 2026 update and declared a special dividend.
Impact:
5/10
TNKLVLUTK
5 months ago
StocksBullish

Snail Inc Returns to Profit in Q1 as Revenue Jumps 36% on ARK Success

Key Facts

  • •Snail Inc net revenues rose 35.7% to $27.3 million for the first quarter ended March 31, 2026.
  • •The company returned to profitability driven by growth in ARK: Survival Ascended and the breakout performance of Bellwright.
Impact:
5/10
SNAL
5 months ago
StocksBullish

Stantec Reports Strong Q1 2026 Earnings with Record $9 Billion Contract Backlog

Key Facts

  • •Stantec achieved adjusted earnings per share growth of 14.7% to $1.33 in the first quarter of 2026.
  • •The company's contract backlog reached a record $9.0 billion, up 13.2% year-over-year.
  • •Net revenue increased by 9.1% to $1.7 billion compared to the first quarter of 2025.
Impact:
5/10
STN
5 months ago
StocksBullish

StubHub Swings to Q1 Profit as Live Event Demand Surges

Key Facts

  • •StubHub swung to a first-quarter profit as sales climbed due to robust demand for live event tickets.
  • •CEO Eric Baker stated the company is benefiting from a healthy operating environment and growing scale boosting profitability.
Impact:
5/10
5 months ago
StocksMixed

Akamai Upgraded to Buy as Alibaba Gains and Wix Faces Earnings Pressure

Key Facts

  • •Bank of America upgraded Akamai Technologies to 'Buy' due to its focus on AI infrastructure.
  • •Alibaba Group shares rose despite investment spending weighing on profits, while Wix and Birkenstock fell following mixed financial results.
  • •Tower Semiconductor beat Q1 expectations.
Impact:
5/10
AKAMBABAWIXTSEM
5 months ago
CryptoBullishUpdated

Fidelity International Launches First Tokenized Liquidity Fund with Chainlink and Sygnum

Key Facts

  • •Fidelity International launched its first blockchain-based digital liquidity fund in collaboration with Sygnum Bank and Chainlink.
  • •JPMorgan provides daily Net Asset Value (NAV) data for the Moody's-rated tokenized fund.
Impact:
6/10
LINK
5 months ago
CryptoBearishUpdated

Arkham Maps Iran Central Bank Wallets After $344M USDT Freeze

Key Facts

  • •Arkham linked Tron wallets sanctioned by OFAC to the Central Bank of Iran, exposing its on-chain reserves.
Impact:
6/10
TRX
5 months ago
GeopoliticsBearish

UK PM Starmer Vows to Fight Leadership Challenge Amid Ministerial Resignations

Key Facts

  • •UK PM Starmer has told allies he will stand and fight if Health Secretary Wes Streeting triggers a leadership contest.
  • •Four ministers have resigned and at least 80 MPs are urging Starmer to quit amid open division within the Labour party.
  • •A leadership contest requires nominations from 20% of Labour MPs, currently a threshold of 81 members.
Impact:
6/10
5 months ago
Mergers & AcquisitionsBullishUpdated

Johnson Controls Acquires Alloy Enterprises to Boost AI Data Center Cooling

Key Facts

  • •Johnson Controls (JCI) completed its acquisition of Alloy Enterprises, a specialist in thermal management for high-performance data centers.
  • •The acquisition aims to enhance cooling capabilities in mission-critical environments as AI-driven demand increases.
Impact:
6/10
JCI
5 months ago
Mergers & AcquisitionsBullish

Skydance Paramount Pushes for $110B Merger with Warner Bros. Discovery

Key Facts

  • •Skydance Paramount stated that a $110B merger with Warner Bros. Discovery is necessary to compete in the streaming sector.
Impact:
6/10
WBDPARANFLX
5 months ago
Mergers & AcquisitionsMixedUpdated

UWMC Slams Two Harbors Governance After $12.50 Per Share Bid Rejection

Key Facts

  • •Two Harbors Board rejected an acquisition proposal from UWMC for $12.50 per share in cash or 2.3328 shares of UWMC stock.
  • •UWMC criticized Two Harbors' corporate governance, alleging the board failed to act in the best interest of stockholders.
Impact:
6/10
UWMCTWO
5 months ago
Mergers & AcquisitionsBullish

Wendy's Stock Surges on Reports Nelson Peltz Aims to Take Company Private

Key Facts

  • •Wendy's stock rose following reports that billionaire Nelson Peltz is considering taking the fast-food chain private.
Impact:
6/10
WEN
5 months ago
Mergers & AcquisitionsBullishUpdated

GoPro Retains Houlihan Lokey to Explore Strategic Sale and Alternatives

Key Facts

  • •GoPro announced it has retained investment bank Houlihan Lokey to serve as its financial advisor to evaluate a potential sale and other strategic alternatives.
Impact:
6/10
GPRO
5 months ago
Mergers & AcquisitionsBullishUpdated

Comcast's Sky Nears Acquisition of ITV's Media and Entertainment Unit

Key Facts

  • •Comcast-owned Sky is advancing towards a deal to acquire ITV's Media and Entertainment unit.
  • •The potential transaction will include a payout dependent on the British broadcaster's performance.
Impact:
6/10
CMCSA
5 months ago
Mergers & AcquisitionsBullishUpdated×3

GameStop CEO Ryan Cohen Proposes $125 Per Share Acquisition of eBay

Key Facts

  • •GameStop CEO Ryan Cohen proposed acquiring eBay in a half-cash, half-stock deal valued at $125 per share.
  • •eBay rejected the offer as not credible, while Cohen plans to take the proposal directly to shareholders.
Impact:
6/10
GMEEBAY
5 months ago
Mergers & AcquisitionsBullish

Dutch Bros Acquires 29 Phoenix Locations to Fuel Aggressive Expansion Strategy

Key Facts

  • •Dutch Bros is set to acquire 29 Phoenix East Valley shops from a retiring franchisee.
  • •The acquisition supports the company's long-term goal of reaching 4,000 stores by 2029.
Impact:
5/10
BROS
5 months ago