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News Archive

May 18, 2026Connected
110 storiesLast updated: 7:16:27 AMPage 1 of 2

Stocks

StocksBearish

Super Micro Faces Class Action Deadline Over Alleged China Export Violations

Key Facts

  • •Kahn Swick & Foti, LLC issued a notice to investors regarding the lead plaintiff deadline for class action lawsuits against Super Micro Computer, Inc.
  • •The lawsuits allege a scheme to divert servers with U.S. AI technology to China, violating export control laws between February 2024 and March 2026.
Impact:
7/10
SMCI
5 months ago

Mergers & Acquisitions

Mergers & AcquisitionsBullishUpdated

Sachem Capital and IRG Merge to Form $3.4B Industrial REIT Giant

Key Facts

  • •Sachem Capital and IRG announced a definitive contribution agreement to merge 98 industrial assets to create IRG Realty Trust.
  • •The transaction values Sachem common shares at $2.00 per share, representing a 90% premium to the 30-day VWAP.
  • •IRG will own approximately 94.1% of the combined company, while existing Sachem shareholders will own approximately 5.9%.
Impact:
7/10
SACH
5 months ago

Crypto

CryptoBullishUpdated

UK Regulators Unveil Roadmap for Asset Tokenization and Stablecoin Settlement

Key Facts

  • •The UK central bank and financial watchdog unveiled a roadmap for asset tokenization and the use of stablecoins for institutional settlement.
  • •The plan includes a phased transition toward 24/7 operation of the financial payments network.
Impact:
6/10
5 months ago

Geopolitics

GeopoliticsBullish

China Commits to $17 Billion Annual US Farm Purchases Through 2028

Key Facts

  • •China has agreed to buy at least $17 billion of agricultural products annually through 2028.
  • •The agreement followed a major summit between Donald Trump and Xi Jinping held in Beijing.
Impact:
6/10
5 months ago

Commodities

CommoditiesBullish

Australian Wheat Planting Drops Amid Severe Drought and Rising War Costs

Key Facts

  • •Australian farmers are planting less wheat due to dry weather and rising costs linked to the war in Iran.
  • •One farmer reported planting 50% less wheat than originally anticipated for this year.
Impact:
6/10
5 months ago

Forex

ForexBearish

US Dollar Retreats on Reports of Potential US-Iran Sanctions Deal

Key Facts

  • •The US dollar retreated following a report indicating a sanctions deal between the United States and Iran.
Impact:
5/10
USD
5 months ago
110 stories this day
StocksBullish

FCC Approves EchoStar’s $40 Billion Wireless Spectrum Sale to AT&T and SpaceX

Key Facts

  • •The FCC has approved EchoStar's $40 billion sale of wireless spectrum to AT&T and SpaceX.
Impact:
7/10
TSPCX
5 months ago
StocksBearishUpdated

Takeda Antitrust Damages Set at $474M in Amitiza Generic Delay Case

Key Facts

  • •A U.S. jury found Takeda Pharmaceutical liable for approximately $885 million in damages for delaying a generic version of its drug Amitiza.
Impact:
7/10
5 months ago
StocksBullish

Ryanair Profits Surge 40% to €2.3B as CFO Warns of Fuel Crunch for Rivals

Key Facts

  • •Ryanair's profit after tax increased 40% to nearly 2.3 billion euros for the fiscal year ending in March.
  • •The company has hedged 80% of its summer fuel requirements and does not anticipate summer cancellations.
  • •The company's CFO warned that weaker European carriers may not survive the jet fuel crunch.
Impact:
7/10
RYA
5 months ago
StocksMixed

United Airlines Shares Face Pressure Despite Strong Premium and Business Revenue Growth

Key Facts

  • •Q1 2026 results showed robust revenue growth driven by premium and business segments.
  • •The company lowered full-year EPS guidance to $7–$11 due to fuel price volatility.
Impact:
6/10
UAL
5 months ago
StocksBullishUpdated×4

HIVE Stock Surges 35% on C$3.5B AI 'Gigafactory' Plans in Canada

Key Facts

  • •HIVE Digital Technologies plans to build a 320-megawatt AI data center in the Greater Toronto Area.
  • •The project involves a $3.5 billion investment and will house more than 100,000 graphics processing units (GPUs).
Impact:
6/10
HIVE
5 months ago
StocksBullishUpdated×7

Meta to Cut 10% of Workforce Starting Wednesday in AI Efficiency Drive

Key Facts

  • •Meta is slated to start its latest round of layoffs this week, with a total of 8,000 projected job cuts.
  • •More layoffs are expected this year, including a potential round in August and another in the fall.
Impact:
6/10
META
5 months ago
StocksBullish

Berkshire Hathaway Invests $2.65 Billion in Delta Air Lines

Key Facts

  • •Berkshire Hathaway has invested $2.65 billion in Delta Air Lines.
Impact:
6/10
DAL
5 months ago
StocksBullish

Boot Barn Beats Q4 Estimates, Plans 70 New Store Openings in Fiscal 2027

Key Facts

  • •Boot Barn exceeded Q4 estimates as sales jumped 18.7%.
  • •The retailer plans to open 70 new stores in fiscal year 2027.
  • •Same-store sales growth beat forecasts during the fourth quarter.
Impact:
6/10
BOOT
5 months ago
StocksBullish

Agilysys Posts 17th Straight Record Revenue Quarter on Hospitality Tech Demand

Key Facts

  • •Agilysys reported record quarterly revenue of $82.9 million, an 11.7% increase compared to the prior-year period.
  • •Total full-year fiscal revenue reached a record high of $319.3 million.
Impact:
6/10
AGYS
5 months ago
StocksBullishUpdated×6

Standard Chartered Raises Return Target to 18% and Plans 15% Corporate Job Cuts

Key Facts

  • •Standard Chartered raised its return target to more than 15% in 2028.
  • •The bank plans to cut its corporate function roles by about 15% by 2030.
Impact:
6/10
STAN
5 months ago
StocksBullish

Savers Value Village Shares Rise as US Comparable Sales Climb 6.4%

Key Facts

  • •Savers Value Village recorded a 6.4% increase in US retail comparable store sales during the first quarter.
  • •The company's profits in Canada rose by 24% year-over-year due to improved production management and cost efficiency.
Impact:
6/10
SVV
5 months ago
StocksBearish

Indian Court Orders Apple to Cooperate in App Store Antitrust Investigation

Key Facts

  • •An Indian court ordered Apple to fully cooperate with investigators in an antitrust case involving the iPhone apps market.
  • •The court rejected Apple's request to put the case on hold while the company challenges the law governing antitrust penalties.
Impact:
6/10
AAPL
5 months ago
StocksBullish

Uber Raises Stake in Germany's Delivery Hero to 19.5% to Boost Global Market Position

Key Facts

  • •Delivery Hero announced that Uber Technologies has purchased additional shares and instruments, now holding 19.5% of the company's issued capital.
Impact:
6/10
UBER
5 months ago
StocksBullishUpdated

Corvex Management Pushes Whitbread to Sell Premier Inn Chain

Key Facts

  • •Corvex Management called for a sale of Premier Inn owner Whitbread as the company struggles with weak performance.
Impact:
6/10
WTB
5 months ago
StocksBullish

Carvana Enters New Car Market with Acquisition of 7 Stellantis Dealerships

Key Facts

  • •Carvana has acquired a network of seven Stellantis dealerships, marking a strategic push into the new vehicle market.
Impact:
6/10
CVNA
5 months ago
StocksBullish

Elliott Management Builds Significant Stake in Bio-Rad to Expand Life Sciences Influence

Key Facts

  • •Activist investor Elliott Management has built a significant stake in life-science tools supplier Bio-Rad.
  • •Elliott also holds a stake in German lab-equipment supplier Sartorius, where Bio-Rad is also an investor.
Impact:
6/10
BIO
5 months ago
StocksBearishUpdated

UnitedHealth Shares Slide as Berkshire Hathaway Exits Entire Position

Key Facts

  • •UnitedHealth Group Inc. stock traded lower in Monday's premarket session following Berkshire Hathaway's disclosure that it liquidated its entire position in the U.S. insurance giant.
Impact:
6/10
UNHBRK
5 months ago
StocksBullish

IREN and Nvidia Strike $2.1 Billion Partnership to Scale AI Infrastructure

Key Facts

  • •IREN announced a strategic partnership with Nvidia for up to $2.1 billion aimed at accelerating the construction of AI infrastructure.
  • •IREN CEO Daniel Roberts highlighted strong relationships with Dell and Nvidia during the Dell Technologies World event.
Impact:
6/10
IREN
5 months ago
StocksMixed

Thyssenkrupp to Close U.S. Plant in Automotive Technology Restructuring

Key Facts

  • •Thyssenkrupp is set to close a U.S. plant as part of a broader restructuring of its automotive technology division.
Impact:
5/10
5 months ago
StocksBullishUpdated

INNEOVA Holdings Reports 75% Surge in Operating Cash Flow for Fiscal Year 2025

Key Facts

  • •INNEOVA Holdings reported a 75% increase in operating cash flow for the fiscal year ended December 31, 2025.
Impact:
5/10
INEO
5 months ago
StocksBearish

KinderCare Faces Operational Headwinds as EBITDA Plummets 38%

Key Facts

  • •The Early Childhood Education (ECE) segment saw declining enrollment, occupancy, and margins.
  • •EBITDA decreased by 38% year-over-year.
  • •Q1 2026 revenue remained stable despite weak core fundamentals.
Impact:
5/10
KLC
5 months ago
StocksNeutral

S&P Global Announces $2B Debt Offering Ahead of Mobility Division Spin-off

Key Facts

  • •S&P Global announced the commencement of a $2 billion private offering of senior notes by Mobility Global Inc.
  • •The notes will be issued in three tranches due in 2029, 2031, and 2036.
  • •S&P Global intends to separate its Mobility division via a spin-off to its shareholders.
Impact:
5/10
SPGI
5 months ago
StocksBullish

ReNew Energy Global Reports Record Net Profit for Fiscal Year 2026

Key Facts

  • •ReNew Energy Global Plc announced its highest ever annual net profit for the fiscal year ended March 31, 2026.
Impact:
5/10
RNW
5 months ago
StocksNeutral

Disney Releases Q2 2026 Earnings Call Remarks as Investors Gauge Growth Outlook

Key Facts

  • •The Walt Disney Company (DIS) released its prepared remarks for the Q2 2026 earnings call.
Impact:
5/10
DIS
5 months ago
StocksBullish

Japan's Toto Emerges as Critical Supplier for AI and Semiconductor Infrastructure

Key Facts

  • •Japanese company Toto, famous for bidet manufacturing, has been revealed as a long-standing supplier of components used in chipmaking.
  • •The company's components support global AI infrastructure, a fact that the stock market has recently begun to price in.
Impact:
5/10
5 months ago
StocksBullish

XP Inc. Announces $0.20 Cash Dividend and Launches New Share Repurchase Program

Key Facts

  • •XP Inc.'s board declared a cash dividend of $0.20 per Class A common share.
  • •The distribution is expected to total approximately R$500 million at current exchange rates.
  • •The dividend is payable on June 18, 2026, to shareholders of record as of June 10, 2026.
Impact:
5/10
XP
5 months ago
StocksBullishUpdated

Rezolve Ai and Enhanced Partner for AI-Native Consumer Platform

Key Facts

  • •Rezolve Ai and Enhanced announced a multi-million dollar strategic partnership to power AI-enabled fan engagement and consumer health technologies.
  • •The initial deployment will focus on a mobile-first web experience for The Enhanced Games, including ticket access and athlete information.
Impact:
5/10
ENHARZLV
5 months ago
StocksBullishUpdated

Trump Admin Drops Adani Charges Following $10B US Investment Pledge

Key Facts

  • •The US Department of Justice is dropping fraud and bribery charges against Indian billionaire Gautam Adani.
Impact:
5/10
5 months ago
StocksBullishUpdated

HSBC Launches $4 Billion Credit Facility for Chinese Clean Tech Expansion

Key Facts

  • •HSBC launched a $4 billion credit facility to support the global expansion of Chinese sustainable technology companies.
Impact:
5/10
HSBC
5 months ago
StocksBearish

UnitedHealth Shares Slide as Berkshire Hathaway Exits Position

Key Facts

  • •Berkshire Hathaway sold its entire 5.04 million-share stake in UnitedHealth during the first quarter.
  • •UnitedHealth shares fell over 2% on Monday following the regulatory filing disclosure.
Impact:
5/10
UNH
5 months ago
StocksNeutral

BW Offshore Reports Q1 Results and Revises Full-Year 2026 EBITDA Guidance

Key Facts

  • •The company reported Q1 EBITDA of USD 47.9 million and operating cash flow of USD 43.3 million.
  • •Full-year 2026 EBITDA guidance was revised to a range of USD 310-340 million.
  • •The company declared a Q1 cash dividend of USD 0.063 per share.
Impact:
5/10
5 months ago
StocksBullish

Gossamer Bio Launches $120M Debt Exchange Offer to Strengthen Balance Sheet

Key Facts

  • •Gossamer Bio announced the commencement of an exchange offer for its 5.00% Convertible Senior Notes due 2027.
  • •The transaction is intended to eliminate over $120 million of debt with support from existing noteholders.
Impact:
5/10
GOSS
5 months ago
StocksBullishUpdated

Citi and HPS Launch €15B Private Capital Program for EMEA Lending

Key Facts

  • •Citigroup Inc. and HPS Investment Partners announced a strategic collaboration to finance €15 billion of debt opportunities in the EMEA region.
  • •The program spans an initial five-year term and aims to expand private capital solutions for corporate and sponsor-owned borrowers.
Impact:
5/10
C
5 months ago
StocksBullishUpdated

ASML Partners with Tata Electronics for $11 Billion India Semiconductor Fab

Key Facts

  • •ASML is partnering with Tata Electronics to support the development of the $11 billion Dholera semiconductor fab.
Impact:
5/10
ASML
5 months ago
StocksBullishUpdated

First International Bank of Israel Reports Strong Q1 2026 Growth and Profitability

Key Facts

  • •First International Bank of Israel announced its Q1 2026 results, reflecting accelerated growth and high profitability.
Impact:
5/10
FIBI
5 months ago
StocksBullish

HNI Corporation Increases Quarterly Dividend to 35 Cents Per Share

Key Facts

  • •HNI Corporation's Board of Directors declared a quarterly dividend of 35 cents per share on its common stock.
Impact:
4/10
HNI
5 months ago
StocksNeutral

Flagstar Bank Extends CEO Joseph Otting's Term to 2028 and Restructures Leadership

Key Facts

  • •Flagstar Bank extended CEO Joseph Otting's employment agreement through March 2028.
  • •Richard Raffetto and Lee Smith were named Co-Presidents and Co-Chief Operating Officers with expanded responsibilities.
  • •Leadership updates included naming Bao Nguyen as Chief Legal Officer and COO for Consumer and Retail Banking.
Impact:
4/10
5 months ago
StocksBullish

BitGo Receives Buy Rating Driven by Institutional Crypto Infrastructure Growth

Key Facts

  • •BTGO has been assigned a Buy rating with a 12-month price target of $15.
  • •The company's client base grew 42% YoY, while normalized assets rose by 29%.
  • •Stablecoin-as-a-service revenue surged 44% sequentially with expanding take rates.
Impact:
4/10
BTGO
5 months ago
StocksNeutralUpdated

Fermi Files Preliminary SEC Statement to Oppose Board Takeover Attempt

Key Facts

  • •Fermi filed a preliminary Consent Revocation Statement with the SEC in response to a consent solicitation from its former CEO.
Impact:
4/10
FRMI
5 months ago
Mergers & AcquisitionsBullish

Anglo American to Sell Australian Steelmaking Coal Assets for $3.875 Billion

Key Facts

  • •Anglo American agreed to sell its Australian steelmaking coal business to Dhilmar Ltd for up to $3.875 billion.
  • •The deal includes a $2.3 billion upfront cash payment and a price-linked earnout worth up to $1.575 billion over five years.
  • •The sale is part of the company's plan to simplify its portfolio ahead of its planned merger with Canada's Teck.
Impact:
7/10
AAL
5 months ago
Mergers & AcquisitionsBullishUpdated

MSG Sports Files for Spin-Off of New York Rangers into Separate Entity

Key Facts

  • •Madison Square Garden Sports Corp. filed a confidential initial Form 10 Registration Statement with the SEC for the proposed spin-off of its New York Rangers business.
  • •The potential transaction would create two distinct publicly traded companies, allowing shareholders to hold separate interests in the Knicks and Rangers businesses.
Impact:
6/10
MSGS
5 months ago
Mergers & AcquisitionsBullish

Publicis to Acquire LiveRamp for $2.55 Billion in Major AI Expansion Push

Key Facts

  • •France's Publicis announced plans to acquire LiveRamp in a deal valued at $2.55 billion.
  • •The deal marks Publicis' biggest acquisition since 2019 and is part of an AI expansion push.
Impact:
6/10
5 months ago
Mergers & AcquisitionsBullishUpdated

Trump Media Eyes Nuclear Fusion Merger as White House Boosts Sector Support

Key Facts

  • •Trump Media & Technology is set to merge with a fusion power company.
  • •The broader fusion sector is seeing new regulations and receiving boosts from the White House.
Impact:
6/10
DJT
5 months ago
Mergers & AcquisitionsBullish

Artivion Completes Endospan Acquisition Following FDA Approval of NEXUS System

Key Facts

  • •Artivion, Inc. has closed the transaction to acquire Endospan, a pioneer in endovascular solutions.
  • •The acquisition follows the FDA PMA approval of the NEXUS Aortic Arch System in April 2026.
Impact:
6/10
AORT
5 months ago
Mergers & AcquisitionsMixedUpdated

UWMC Launches Hostile Bid for Two Harbors to Block CrossCountry Merger

Key Facts

  • •UWM Holdings Corporation urged Two Harbors stockholders to vote against the CrossCountry Mortgage merger proposal.
  • •UWMC's proposal offers TWO stockholders $12.50 per share as an alternative to the CrossCountry transaction.
Impact:
6/10
UWMCTWO
5 months ago
Mergers & AcquisitionsBullishUpdated×2

Boston Scientific Invests $1.5B in MiRus for Strategic TAVR Expansion

Key Facts

  • •Boston Scientific invested $1.5 billion for an approximately 34% equity stake in MiRus LLC.
  • •The agreement includes an exclusive option to acquire the SIEGEL Balloon Expandable Transcatheter Aortic Valve Replacement (TAVR) system.
Impact:
6/10
BSX
5 months ago
Mergers & AcquisitionsBullishUpdated×2

RB Global and Artivion Close Strategic Acquisitions to Drive Growth

Key Facts

  • •RB Global completed the acquisition of BigIron Auction Company to accelerate its expansion into the U.S. agriculture market.
  • •Artivion, Inc. announced the completion of its acquisition of long-standing partner Endospan Ltd.
Impact:
5/10
RBAAORT
5 months ago
Mergers & AcquisitionsNeutral

Sogeclair Explores Sale of Airbus Engineering Unit Amid Sector Consolidation

Key Facts

  • •Sogeclair announced it is considering a divestment of its engineering activities dedicated to Airbus amid increasing consolidation in the aeronautical engineering market.
Impact:
5/10
5 months ago
Mergers & AcquisitionsBullishUpdated

GB Capital Co-Advises PMGC Holdings on Acquisition of A&B Aerospace

Key Facts

  • •GB Capital Ltd. announced it served as co-advisor to PMGC Holdings Inc. on its acquisition of A&B Aerospace, Inc.
  • •A&B Aerospace is an AS9100D and ISO 9001:2015 certified precision machining and aerospace manufacturing company based in Azusa, California.
Impact:
5/10
ELAB
5 months ago
CryptoBullish

MicroStrategy Boosts Bitcoin Holdings with 24,869 BTC Purchase

Key Facts

  • •MicroStrategy purchased an additional 24,869 BTC over the past week.
  • •The company's total holdings have reached 843,738 BTC.
Impact:
6/10
BTC
5 months ago
CryptoBullish

TRAC Crypto Surges 39% Following Listing on South Korea's Upbit Exchange

Key Facts

  • •TRAC price surged by 39.4% following Upbit's announcement of new trading pairs in KRW, BTC, and USDT.
  • •OriginTrail's 24-hour trading volume reached $38.6 million according to CoinGecko data.
Impact:
6/10
TRACBTC
5 months ago
CryptoBullishUpdated

Standard Chartered to Take Full Ownership of Zodia Custody to Bolster Digital Asset Infrastructure

Key Facts

  • •Shareholders and noteholders of Zodia Custody have accepted Standard Chartered's offer to acquire the remaining stake in the firm.
Impact:
5/10
5 months ago
CryptoBullishUpdated×3

Galaxy Receives NYDFS BitLicense to Expand Institutional Crypto Services

Key Facts

  • •The New York State Department of Financial Services (NYDFS) granted GalaxyOne Prime NY a BitLicense and Money Transmission License.
Impact:
5/10
GLXY
5 months ago
GeopoliticsMixedUpdated

US Defense Groups Lobby to Delay Ban on Chinese Rare Earth Magnets

Key Facts

  • •US military contractors are requesting more time to comply with a looming ban on rare earth magnets sourced from China.
Impact:
6/10
5 months ago