News Archive

May 28, 2026Connected

394 storiesLast updated: 1:30:58 AMPage 3 of 7

Stocks

StocksBullish

GE Aerospace Secures US Air Force Contract for Autonomous Platform Engines

Key Facts

•GE Aerospace secured a U.S. Air Force contract for its new GE426 engine designed for autonomous combat platforms.

Impact:

6/10

2 months ago

Commodities

CommoditiesBullishUpdated

Exxon Warns of Critically Low Oil Inventories Amid Middle East Tensions

Key Facts

•Exxon Mobil executive Neil Chapman warned that oil inventories will hit 'really, really low levels' in the coming weeks.
•The company expects this severe inventory draw to force global oil prices to shoot higher.

Impact:

6/10

XOM

2 months ago

Mergers & Acquisitions

Mergers & AcquisitionsBearishUpdated

Regulators Pause $85B Union Pacific and Norfolk Southern Merger Review

Key Facts

•The U.S. Surface Transportation Board paused the review of the proposed $85 billion merger between Union Pacific and Norfolk Southern.
•Regulators requested more information after the companies submitted a revised application aiming to create a coast-to-coast freight rail operator.

Impact:

6/10

UNP NSC

2 months ago

Crypto

CryptoBullishUpdated

SoFi Launches First US National Bank Stablecoin on Ethereum

Key Facts

•SoFi launched the SoFiUSD stablecoin on the Ethereum network, becoming the first US national bank to do so.

Impact:

6/10

SOFI ETH

2 months ago

Central Banks

Central BanksBearish

South Africa Hikes Rates in Surprise Move Amid Iran Conflict Risks

Key Facts

•South Africa's central bank implemented an early interest rate hike to counter the economic impacts of the Iran war.

Impact:

6/10

2 months ago

Geopolitics

GeopoliticsBearish

US to Ban Iranian Airlines from Landing and Refueling in Major Sanctions Escalation

Key Facts

•Scott Bessent stated the US will shut down Iranian airlines' access to landing spots, refueling, and ticket sales.

Impact:

6/10

2 months ago

General

GeneralMixed

CFTC Sues Rhode Island Over Prediction Market Regulation

Key Facts

•The Commodity Futures Trading Commission (CFTC) filed a lawsuit against Rhode Island on Thursday.
•Rhode Island sued Kalshi and Polymarket last week, alleging violations of state gambling laws.

Impact:

6/10

2 months ago

Forex

ForexBullishUpdated

USD/JPY Breaks 159.00 as Fed Hawkishness Diverges from BoJ Stance

Key Facts

•USD/JPY broke out of its consolidation range above the 159.00 handle, opening the door for a rally toward the 162.00 level.
•Expectations are rising that the Fed will abandon its easing bias at the June FOMC meeting following Governor Waller's recent speech.
•The BoJ kept interest rates at 0.75%, with Governor Ueda adopting a less hawkish stance regarding the timing of the next rate hike.

Impact:

5/10

USDJPY 9434.T 8306.T

2 months ago

Bonds

BondsBullish

Record Foreign Demand for US 7-Year Notes as Yields Hit Highest Since 2025

Key Facts

•The US Treasury sold $44 billion in 7-year notes at a high yield of 4.290%, the highest since January 2025.
•Indirect bidders (foreign demand) surged to 78.39%, the 3rd highest award on record.
•The bid-to-cover ratio was 2.518, the highest since July 2025, reflecting robust investor demand.

Impact:

5/10

US7Y

2 months ago

May 28, 2026Connected

394 storiesLast updated: 1:30:58 AMPage 3 of 7

Stocks

StocksBullish

GE Aerospace Secures US Air Force Contract for Autonomous Platform Engines

Key Facts

•GE Aerospace secured a U.S. Air Force contract for its new GE426 engine designed for autonomous combat platforms.

Impact:

6/10

2 months ago

Commodities

CommoditiesBullishUpdated

Exxon Warns of Critically Low Oil Inventories Amid Middle East Tensions

Key Facts

•Exxon Mobil executive Neil Chapman warned that oil inventories will hit 'really, really low levels' in the coming weeks.
•The company expects this severe inventory draw to force global oil prices to shoot higher.

Impact:

6/10

XOM

2 months ago

Mergers & Acquisitions

Mergers & AcquisitionsBearishUpdated

Regulators Pause $85B Union Pacific and Norfolk Southern Merger Review

Key Facts

•The U.S. Surface Transportation Board paused the review of the proposed $85 billion merger between Union Pacific and Norfolk Southern.
•Regulators requested more information after the companies submitted a revised application aiming to create a coast-to-coast freight rail operator.

Impact:

6/10

UNP NSC

2 months ago

Crypto

CryptoBullishUpdated

SoFi Launches First US National Bank Stablecoin on Ethereum

Key Facts

•SoFi launched the SoFiUSD stablecoin on the Ethereum network, becoming the first US national bank to do so.

Impact:

6/10

SOFI ETH

2 months ago

Central Banks

Central BanksBearish

South Africa Hikes Rates in Surprise Move Amid Iran Conflict Risks

Key Facts

•South Africa's central bank implemented an early interest rate hike to counter the economic impacts of the Iran war.

Impact:

6/10

2 months ago

Geopolitics

GeopoliticsBearish

US to Ban Iranian Airlines from Landing and Refueling in Major Sanctions Escalation

Key Facts

•Scott Bessent stated the US will shut down Iranian airlines' access to landing spots, refueling, and ticket sales.

Impact:

6/10

2 months ago

General

GeneralMixed

CFTC Sues Rhode Island Over Prediction Market Regulation

Key Facts

•The Commodity Futures Trading Commission (CFTC) filed a lawsuit against Rhode Island on Thursday.
•Rhode Island sued Kalshi and Polymarket last week, alleging violations of state gambling laws.

Impact:

6/10

2 months ago

Forex

ForexBullishUpdated

USD/JPY Breaks 159.00 as Fed Hawkishness Diverges from BoJ Stance

Key Facts

•USD/JPY broke out of its consolidation range above the 159.00 handle, opening the door for a rally toward the 162.00 level.
•Expectations are rising that the Fed will abandon its easing bias at the June FOMC meeting following Governor Waller's recent speech.
•The BoJ kept interest rates at 0.75%, with Governor Ueda adopting a less hawkish stance regarding the timing of the next rate hike.

Impact:

5/10

USDJPY 9434.T 8306.T

2 months ago

Bonds

BondsBullish

Record Foreign Demand for US 7-Year Notes as Yields Hit Highest Since 2025

Key Facts

•The US Treasury sold $44 billion in 7-year notes at a high yield of 4.290%, the highest since January 2025.
•Indirect bidders (foreign demand) surged to 78.39%, the 3rd highest award on record.
•The bid-to-cover ratio was 2.518, the highest since July 2025, reflecting robust investor demand.

Impact:

5/10

US7Y

2 months ago

StocksBullish

Amazon to Bolster AWS Cloud with xAI's Grok Models Integration

Key Facts

•Amazon plans to make xAI's Grok models available through its Amazon Bedrock cloud service.

Impact:

6/10

AMZN

2 months ago

StocksBullishUpdated×2

Kohl's Stock Surges 17% as Q1 Earnings Beat Estimates Despite Sales Headwinds

Key Facts

•Kohl's reported a diluted loss of $0.13 per share, beating Wall Street expectations of a $0.21 loss.

Impact:

6/10

KSS

2 months ago

StocksBearish

California Sues 23andMe Over Massive 2023 Data Breach

Key Facts

•California Attorney General Rob Bonta sued 23andMe over a data breach that occurred in 2023.

Impact:

6/10

2 months ago

StocksBullishUpdated

Record Aviation and Bank Earnings as XPENG Pivots to Physical AI

Key Facts

•Royal Bank of Canada reported net income of CAD 5.5 billion for the fiscal second quarter.
•XPENG expects a sharp rebound in Q2 deliveries while focusing on physical AI applications.
•Heico reported record fiscal Q2 results driven by strong demand in aviation, defense, and space.

Impact:

6/10

HEI RY TD 9868.HK

2 months ago

StocksBullishUpdated×4

Costco Same-Store Sales Surge 9.8% on Gasoline Sales Boost in Q3

Key Facts

•Costco reported an 11% increase in net sales compared to the year-ago period.
•Adjusted comparable sales for the retailer increased by 6.6% for the quarter.

Impact:

6/10

COST

2 months ago

StocksBearish

SentinelOne Cuts Revenue Forecast and 8% of Workforce to Pivot Toward AI

Key Facts

•Cybersecurity firm SentinelOne forecast second-quarter revenue below analyst expectations.
•The company plans to cut about 8% of its workforce to pivot investment toward AI, data, and cloud growth areas.

Impact:

6/10

2 months ago

StocksBullish

Hanwha and Ambarella Ink $800M Long-Term Edge AI Partnership

Key Facts

•Hanwha and Ambarella signed a 10-year agreement to develop edge AI technology with potential revenue exceeding $800 million.

Impact:

6/10

AMBA

2 months ago

StocksBearish

Universal Corp and ViaSat Post Surprise Q4 Losses, Missing Wall Street Estimates

Key Facts

•Universal Corp reported a loss of $0.46 per share, significantly missing the Zacks Consensus Estimate of $1.08 in earnings.
•ViaSat reported a quarterly loss of $0.02 per share, missing the Zacks Consensus Estimate of $0.25 in earnings.

Impact:

6/10

UVV VSAT

2 months ago

StocksBullish

US Court Rejects California's Bid to Block Sable Offshore Pipeline

Key Facts

•A U.S. District Court denied a bid by the California Department of Parks and Recreation to stop Sable Offshore Corp from moving oil on a disputed pipeline.

Impact:

6/10

2 months ago

StocksBullish

Superdrug Owner AS Watson Eyes $30B Dual IPO in London and Hong Kong

Key Facts

•Pharmacy chain Superdrug has grown almost twice as fast as its rival Boots over the past four years.

Impact:

6/10

2 months ago

StocksBearishUpdated×3

Gap Stock Plunges 14% on Revenue Guidance Cut Despite Q1 Earnings Beat

Key Facts

•Gap Inc. beat Q1 EPS estimates but lowered its full-year revenue outlook.
•The company's stock tanked 14% following the report due to the disappointing forward guidance.

Impact:

6/10

GAP

2 months ago

StocksBullish

China Plans AI Token Futures Market to Challenge U.S. Dominance

Key Facts

•China is designing a futures market for AI tokens to compete with U.S. exchanges in the AI hedging space.
•The move aims to meet the growing appetite to hedge artificial intelligence and computing costs.

Impact:

5/10

2 months ago

StocksNeutralUpdated×3

Dollar Tree Stock Soars 17% in Best Day Since 2022 on Earnings Beat and DoorDash Deal

Key Facts

•Dollar Tree reported financial results for its first quarter ended May 2, 2026.

Impact:

5/10

DLTR

2 months ago

StocksBullish

TotalEnergies Seeks Approval for $5.2B French Offshore Wind Project

Key Facts

•TotalEnergies applied for authorization for France's largest renewables project, a 1.5-GW offshore wind farm.

Impact:

5/10

TTE.PA

2 months ago

StocksMixed

Incyte and Arch Capital Shares Mixed Post-Q1 Earnings Despite Beats

Key Facts

•Incyte reported Q1 2026 adjusted earnings of $1.81 per share and total revenues of $1.27 billion, beating estimates.
•Arch Capital shares decreased by 1.4% since its last earnings report despite beating operating income estimates.

Impact:

5/10

INCY ACGL

2 months ago

StocksBullish

Alarum Technologies Revenue Surges 64% in Q1 Driven by AI Demand

Key Facts

•Alarum Technologies reported a 64% revenue growth to $11.7 million in the first quarter of 2026.
•The company recorded a positive IFRS net income of $0.6 million.
•Adjusted EBITDA reached $2.1 million for the quarter.

Impact:

5/10

ALARUM

2 months ago

StocksBullish

Weyerhaeuser Secures 4-Year Labor Deal Following Strong Q1 Earnings Beat

Key Facts

•Members of IAM District W24 ratified a four-year labor agreement with Weyerhaeuser.
•Weyerhaeuser reported Q1 2026 earnings that beat profit forecasts.

Impact:

5/10

2 months ago

StocksBullish

Nio Shares Jump 9% on ES9 Flagship Launch and Immediate Deliveries

Key Facts

•Chinese EV maker Nio launched its flagship ES9 SUV in Beijing, with deliveries starting Thursday.
•Nio shares rose 9% in response to the vehicle's faster go-to-market speed and competitive pricing compared to previous models.

Impact:

5/10

9866.HK

2 months ago

StocksBullish

Azerion Hits Record Q1 2026 Profitability Following Strategic Pivot to Advertising

Key Facts

•Azerion achieved its best Q1 profitability in company history following a full pivot to its advertising platform.
•2026 marks the first year of full focus on the advertising platform after discontinuing the Premium Games segment in 2025.

Impact:

5/10

AZERION

2 months ago

StocksBearish

Toyota Global Sales Drop for Third Month on China and Middle East Weakness

Key Facts

•Toyota Motor reported a decline in global vehicle sales for the third consecutive month in April 2026.
•Sales results were significantly impacted by sharp declines in the China and Middle East markets.

Impact:

5/10

7203.T TM

2 months ago

StocksBullish

FDA Grants Priority Review to Sanofi's Venglustat for Rare Gaucher Disease

Key Facts

•The US FDA has granted priority review to Sanofi's New Drug Application (NDA) for venglustat.

Impact:

5/10

SAN.PA SNY

2 months ago

StocksBearish

Asian Markets Slide as US-Iran Military Tensions Resurface

Key Facts

•Asian share markets fell on Thursday following reports of fresh US military strikes on Iran and missile attacks linked to Kuwait.
•Oil prices surged and Treasury yields climbed as optimism for a Middle East peace deal weakened.

Impact:

5/10

2 months ago

StocksBullishUpdated

Aegon Reaches Shareholder Deal and Adopts US Governance Framework for Relocation

Key Facts

•Aegon announced an agreement with its largest shareholder, Vereniging Aegon, regarding their future relationship.
•The company proposed a new governance framework aligned with US market standards to support its planned relocation to the US.

Impact:

5/10

AEB AED AEH

2 months ago

StocksBullish

Kraken Robotics Reports 35% Revenue Surge in Q1 2026 Results

Key Facts

•Kraken Robotics recorded a 35% year-over-year revenue growth during the first quarter of 2026.
•The company reiterated its financial guidance for the full year 2026.

Impact:

5/10

PNG

2 months ago

StocksBullishUpdated×2

Hormel Foods Beats Estimates on Robust Poultry and Protein Demand

Key Facts

•Hormel Foods beat second-quarter sales and profit estimates, driven by strong demand for chicken and turkey products.

Impact:

5/10

HRL

2 months ago

StocksBullish

Toyota to Invest $2B in New Texas Facility to Boost U.S. Production

Key Facts

•Toyota plans to invest $2 billion in a new Texas facility to expand its U.S. production capacity.

Impact:

5/10

TM 7203.T

2 months ago

StocksBullish

AutoZone Sales Jump 8.4% as Commercial Growth Offsets Weather Headwinds

Key Facts

•AutoZone reported an 8.4% jump in sales during its fiscal third quarter.
•The company dismissed late-quarter softness as weather-driven, emphasizing continued commercial market share gains.

Impact:

5/10

0HJL.L

2 months ago

StocksBullish

Baker Hughes Secures Major North Sea Contract Extensions with Equinor

Key Facts

•Baker Hughes announced two significant contract extensions with Equinor for integrated drilling and well services.

Impact:

5/10

BKR EQNR

2 months ago

StocksNeutral

Best Buy, Snowflake, and Dollar Tree Q1 Earnings Highlight Consumer Resilience and Cloud Growth

Key Facts

•Best Buy Co., Inc. held its Q1 2027 earnings call to discuss financial performance.
•Snowflake Inc. reported its Q1 2027 financial results via an earnings call.
•Dollar Tree, Inc. discussed its Q1 2027 performance in an investor call.

Impact:

5/10

BBY SNOW DLTR

2 months ago

StocksMixed

US-Iran Draft Deal Triggers $350B Stock Rally as Bitcoin Decouples

Key Facts

•Wall Street added approximately $350 billion in market value within 15 minutes following reports of a draft ceasefire deal.
•Bitcoin (BTC) declined by more than 3% on the day as traditional markets surged.

Impact:

5/10

BTC

2 months ago

StocksBullish

Kohl’s Stock Surges as Q1 Sales Beat Estimates Amid Turnaround Push

Key Facts

•Kohl’s stock is surging after the department-store chain reported sales that exceeded market expectations.
•Despite the recent rally, the stock is still trading at a fraction of its all-time record high.

Impact:

5/10

KSS

2 months ago

StocksMixed

UiPath Q1 Results: Revenue Beats Estimates Despite Slight Earnings Miss

Key Facts

•UiPath Inc. reported mixed first-quarter financial results after the closing bell on Thursday.

Impact:

5/10

PATH

2 months ago

CommoditiesBullish

Oil Prices Rebound Amid Escalating US-Iran Military Tensions

Key Facts

•Oil prices rebounded following new U.S. military strikes on Iranian sites, reigniting supply risk concerns.
•Falling U.S. inventories and bullish structures for WTI and Brent futures provided additional support to the price trend.

Impact:

5/10

2 months ago

CommoditiesBullish

Malaysia Boosts Natural Gas Usage to Meet Record Power Demand from Data Centers

Key Facts

•Malaysia is tapping offshore gas reserves to meet record power demand driven by a heatwave and data centers.

Impact:

5/10

2 months ago

CommoditiesBullish

Chevron CEO Warns of Oil Price Spike as Global Inventory Buffers Dwindle

Key Facts

•Chevron's CEO warned that oil prices could jump over the summer as global inventories that acted as shock absorbers are being depleted.
•The blockade in the Strait of Hormuz has removed up to 13 million barrels a day from global markets.

Impact:

5/10

CVX

2 months ago

Mergers & AcquisitionsBullish

Autodesk to Acquire MaintainX for $3.6 Billion to Expand Industrial AI Strategy

Key Facts

•Autodesk announced a definitive agreement to acquire MaintainX in an all-cash transaction valued at approximately $3.6 billion.

Impact:

6/10

ADSK

2 months ago

Mergers & AcquisitionsBullish

Mission Produce Finalizes Calavo Growers Acquisition to Expand Produce Platform

Key Facts

•Mission Produce announced the completion of its acquisition of Calavo Growers to bolster its North American footprint.
•The acquisition aims to expand the product portfolio and deliver greater value to retail, wholesale, and foodservice customers worldwide.

Impact:

6/10

AVO

2 months ago

Mergers & AcquisitionsBullish

Chevron Seeks 70% Stake in Greek Offshore Block to Expand Mediterranean Footprint

Key Facts

•Chevron filed an official request to take over a 70% stake from Helleniq Energy in an offshore block west of Greece.

Impact:

5/10

CVX

2 months ago

Mergers & AcquisitionsBullish

Energy Vault Acquires 850 MW Energy Storage Portfolio in Japan

Key Facts

•Energy Vault completed the acquisition of an 850 MW battery energy storage project portfolio from BayWa r.e. AG.

Impact:

5/10

2 months ago

Mergers & AcquisitionsBullish

VERAXA Biotech Secures $77.5M to Fuel Merger with Voyager Acquisition

Key Facts

•VERAXA Biotech announced $27.5 million in senior secured note financing.
•The company signed a $50 million share purchase agreement to support its merger with Voyager Acquisition Corp.

Impact:

5/10

2 months ago

Mergers & AcquisitionsBullish

UPM and Sappi Sign Definitive Agreement for Major Graphic Paper Joint Venture

Key Facts

•UPM and Sappi have signed a definitive agreement to form a joint venture for their graphic paper businesses.
•The parties confirmed they have secured the necessary financing for the joint venture.

Impact:

5/10

UPM SAP

2 months ago

Mergers & AcquisitionsBullish

Echo Lake Capital Offers to Acquire Aclarion for $4.00 Per Share

Key Facts

•Echo Lake Capital offered to acquire Aclarion for $4.00 per share in cash plus a Contingent Value Right (CVR).
•Echo Lake Capital criticized the board for destroying shareholder value, noting the stock has fallen 99% since its IPO.

Impact:

5/10

ACON

2 months ago

CryptoBearish

Sui Network Hit by Major Outage Halting Transactions for Several Hours

Key Facts

•The Sui blockchain network experienced a significant period of downtime lasting several hours.
•This outage occurs just five months after the network's last recorded stall.

Impact:

6/10

SUI ETH SOL

2 months ago

CryptoBullish

VanEck Launches First U.S. Spot BNB ETF on Nasdaq

Key Facts

•VanEck launched the first U.S. spot BNB ETF under the ticker VBNB.
•The new ETF trades on Nasdaq and provides exposure to the token without requiring direct ownership.

Impact:

6/10

BNB BTC ETH SOL

2 months ago

CryptoBearish

Bitcoin and Ethereum ETFs See $1.4B Outflows as Investors Rotate to Altcoins

Key Facts

•Spot Bitcoin ETFs recorded net outflows of $1.26 billion over the past week.
•Total outflows from Bitcoin and Ethereum ETFs exceeded $1.4 billion, with total assets dipping below $100 billion.
•Altcoin products including XRP, SOL, and HYPE attracted fresh inflows despite the broader outflow trend.

Impact:

6/10

BTC ETH SOL XRP

2 months ago

CryptoBearishUpdated×2

Crypto Markets Shed $80B as US-Iran Military Tensions Escalate

Key Facts

•The crypto market capitalization fell by $80 billion, reaching its lowest level since mid-April.
•The US carried out strikes on Iran for the second time in three days amid ongoing peace talks.

Impact:

5/10

2 months ago

CryptoBullish

XRP RWA Growth Outpaces Ethereum with 40x Increase to $400M

Key Facts

•Tokenized Real World Assets (RWA) on the XRP Ledger grew from $10 million to $400 million in just 15 months.
•XRP's tokenized RWA growth rate is outpacing Ethereum by more than 2x in 2026.

Impact:

5/10

XRP ETH

2 months ago

CryptoBullish

CME Group Launches 24/7 Bitcoin Futures Trading to Eliminate Weekend Gaps

Key Facts

•CME Group has launched 24/7 trading for its Bitcoin futures products.
•The move aims to eliminate price gaps that occur during weekend breaks in traditional markets.

Impact:

5/10

BTC

2 months ago

CryptoBullish

CFTC Withdraws $5M Penalty Against Gemini in Major Regulatory Pivot

Key Facts

•The U.S. Commodity Futures Trading Commission (CFTC) asked a judge to vacate a $5 million penalty against the Gemini cryptocurrency exchange.

Impact:

5/10

2 months ago

Central BanksMixed

Bank of Korea Holds Rates, Raises Inflation Forecasts Under New Governor

Key Facts

•South Korea's central bank held interest rates steady at its first meeting under Governor Shin Hyun-song.
•The central bank raised its forecasts for economic growth and inflation while keeping the door open for future policy tightening.

Impact:

5/10

2 months ago

GeopoliticsBullish

US and India Sign Strategic Pact on Critical Minerals to Counter China's Supply Chain Dominance

Key Facts

•The United States and India signed an agreement to secure the mining, processing, and supply of critical minerals and rare earths to reduce reliance on China.

Impact:

5/10

2 months ago