News Archive

May 29, 2026Connected

289 storiesLast updated: 2:01:26 AMPage 2 of 5

Stocks

StocksBullishUpdated

SEC Proposes Scrapping Biden-Era Climate Disclosure Rules for Corporations

Key Facts

•The U.S. SEC proposed doing away with regulations requiring companies to disclose climate-related risks and spending.

Impact:

6/10

5 months ago

Geopolitics

GeopoliticsNeutralUpdated

US and Iran Near Framework Deal, Limiting Trump's Strategic Options

Key Facts

•The US and Iran are closing in on a framework deal, narrowing Trump's room for political maneuver.

Impact:

6/10

5 months ago

Mergers & Acquisitions

Mergers & AcquisitionsBearish

Allied Gold Shares Sink as $4B Zijin Mining Deal Faces Regulatory Hurdles in China

Key Facts

•Allied Gold shares fell following reports that the proposed $4 billion acquisition deal by Zijin Mining is facing opposition within China.

Impact:

6/10

2899.HK

5 months ago

Commodities

CommoditiesBullishUpdated

Chevron CEO Reveals Secret Attacks in Strait of Hormuz Threatening Oil Flow

Key Facts

•Chevron's CEO revealed multiple previously unreported attacks on vessels in the Strait of Hormuz this week.
•Commercial shipping traffic through the strait remains paralyzed at roughly 10% of pre-war levels.

Impact:

6/10

CVX

5 months ago

Macro Economy

Macro EconomyBearish

Eurozone Inflation Rebound in France and Spain Clouds ECB Rate Path

Key Facts

•French annual inflation increased to 2.8% in May, reaching its highest level since February 2024.
•Spanish annual inflation rose to 3.6% in May from 3.5% in the previous month.

Impact:

6/10

5 months ago

Crypto

CryptoMixed

BlackRock Bitcoin ETF Sees $528M Outflow as BTC Price Holds $73,000

Key Facts

•BlackRock's iShares Bitcoin Trust (IBIT) recorded a sharp one-day net outflow of $528 million.
•This outflow marks the second-largest daily redemption for the fund since its launch.
•Bitcoin price held above the $73,000 level despite the significant ETF redemptions.

Impact:

6/10

0QZZ.L BTC

5 months ago

Forex

ForexBullish

US-Iran Ceasefire Extension Reports Boost Global Market Sentiment

Key Facts

•Media reports indicate US and Iranian negotiators settled on a Memorandum of Understanding (MOU) to extend the ceasefire by 60 days.
•Oil markets stabilized lower while global equity markets rallied this week on renewed Middle East peace optimism.

Impact:

5/10

5 months ago

May 29, 2026Connected

289 storiesLast updated: 2:01:26 AMPage 2 of 5

Stocks

StocksBullishUpdated

SEC Proposes Scrapping Biden-Era Climate Disclosure Rules for Corporations

Key Facts

•The U.S. SEC proposed doing away with regulations requiring companies to disclose climate-related risks and spending.

Impact:

6/10

5 months ago

Geopolitics

GeopoliticsNeutralUpdated

US and Iran Near Framework Deal, Limiting Trump's Strategic Options

Key Facts

•The US and Iran are closing in on a framework deal, narrowing Trump's room for political maneuver.

Impact:

6/10

5 months ago

Mergers & Acquisitions

Mergers & AcquisitionsBearish

Allied Gold Shares Sink as $4B Zijin Mining Deal Faces Regulatory Hurdles in China

Key Facts

•Allied Gold shares fell following reports that the proposed $4 billion acquisition deal by Zijin Mining is facing opposition within China.

Impact:

6/10

2899.HK

5 months ago

Commodities

CommoditiesBullishUpdated

Chevron CEO Reveals Secret Attacks in Strait of Hormuz Threatening Oil Flow

Key Facts

•Chevron's CEO revealed multiple previously unreported attacks on vessels in the Strait of Hormuz this week.
•Commercial shipping traffic through the strait remains paralyzed at roughly 10% of pre-war levels.

Impact:

6/10

CVX

5 months ago

Macro Economy

Macro EconomyBearish

Eurozone Inflation Rebound in France and Spain Clouds ECB Rate Path

Key Facts

•French annual inflation increased to 2.8% in May, reaching its highest level since February 2024.
•Spanish annual inflation rose to 3.6% in May from 3.5% in the previous month.

Impact:

6/10

5 months ago

Crypto

CryptoMixed

BlackRock Bitcoin ETF Sees $528M Outflow as BTC Price Holds $73,000

Key Facts

•BlackRock's iShares Bitcoin Trust (IBIT) recorded a sharp one-day net outflow of $528 million.
•This outflow marks the second-largest daily redemption for the fund since its launch.
•Bitcoin price held above the $73,000 level despite the significant ETF redemptions.

Impact:

6/10

0QZZ.L BTC

5 months ago

Forex

ForexBullish

US-Iran Ceasefire Extension Reports Boost Global Market Sentiment

Key Facts

•Media reports indicate US and Iranian negotiators settled on a Memorandum of Understanding (MOU) to extend the ceasefire by 60 days.
•Oil markets stabilized lower while global equity markets rallied this week on renewed Middle East peace optimism.

Impact:

5/10

5 months ago

StocksBullish

Etsy Stock Defies Expectations with Q1 Earnings Beat Despite Revenue Dip

Key Facts

•Etsy delivered $1.18 EPS, surpassing analyst expectations for the first quarter of 2026.
•Revenue declined by 5.98% year-over-year to reach $612.2M.
•Gross merchandise sales improved by 3-5% quarter-over-quarter.

Impact:

6/10

ETSY

5 months ago

StocksBullish

Anthropic Valuation Nears $1 Trillion, Signaling Potential Tech IPO Surge

Key Facts

•Anthropic's valuation has surged to nearly $1 trillion.
•The massive valuation jump is fueling expectations of an IPO market 'supernova'.

Impact:

6/10

5 months ago

StocksBearish

U.S. Bill Targeting Chinese Ownership Could Ban Mercedes-Benz Vehicles

Key Facts

•A U.S. House bill aims to block Chinese-linked automakers from the U.S. market.
•BAIC, a Chinese state-owned automaker, is the largest individual shareholder in Mercedes-Benz.

Impact:

6/10

MBGYY

5 months ago

StocksBullish

Replimune to Resubmit Melanoma Drug for FDA Approval Following Leadership Shift

Key Facts

•Replimune plans to resubmit its experimental melanoma drug for FDA approval after it was previously rejected twice due to study design concerns.
•The move follows leadership changes at the FDA, an agency Replimune previously criticized for inconsistent guidance regarding clinical trials.

Impact:

6/10

REPL

5 months ago

StocksBullish

Toms Capital Builds McCormick Stake Amid Unilever Food Deal Talks

Key Facts

•Activist hedge fund Toms Capital has built a significant stake in U.S. food company McCormick & Co.
•The investment comes as McCormick is working on a prominent takeover deal involving Unilever's food business.

Impact:

6/10

UL UNLYF UNV0.DE

5 months ago

StocksBearish

AST SpaceMobile Stock Plummets After Blue Origin Rocket Explosion

Key Facts

•ASTS stock tumbled sharply following the explosion of Blue Origin's New Glenn rocket during a static fire test.

Impact:

6/10

ASTS SPCX

5 months ago

StocksBullish

Autodesk and BRP Post Strong Q1 Results as RBC Capital Lifts Price Targets

Key Facts

•RBC Capital adjusted Autodesk's price target to $305 following Q1 revenue of $1.93 billion.
•Autodesk announced plans to acquire MaintainX for $3.6 billion to strengthen its operations platform.
•BRP reported strong Q1 revenues of $2.40 billion, a 29.5% increase year-over-year.

Impact:

6/10

ADSK DOO

5 months ago

StocksBearish

NHTSA Investigates 115,000 Rivian EVs Over Potential Suspension Failure

Key Facts

•The NHTSA has opened a probe into approximately 115,000 R1S and R1T vehicles.

Impact:

6/10

RIVN

5 months ago

StocksBearish

IndiGo Swings to Quarterly Loss Amid Capacity Cuts and Rising Costs

Key Facts

•IndiGo reported a loss of 26.62 billion Indian rupees for the quarter ended March 31.
•The airline was required to reduce its domestic capacity by 10% following directions from India's aviation regulator.

Impact:

6/10

INDIGO

5 months ago

StocksBullish

Rivian and Super Micro Computer Shares Surge on Growth Catalysts

Key Facts

•Rivian shares rose 7.24% following confirmation of the R2 SUV launch scheduled for June 9.
•Super Micro Computer stock jumped 11.59% on reports of a new European AI cloud partnership.

Impact:

6/10

RIVN SMCI

5 months ago

StocksMixed

IFF to Sell Food Ingredients Unit to CVC for $4.3 Billion

Key Facts

•International Flavors & Fragrances announced the sale of its Food Ingredients business to CVC for approximately $4.3 billion.

Impact:

6/10

IFF

5 months ago

StocksBullish

Palomar Holdings Raises 2026 Profit Outlook Following Reinsurance Success

Key Facts

•Palomar Holdings increased its full-year 2026 adjusted net income guidance to a range of $266 million to $280 million.
•The company announced the successful completion of certain reinsurance programs incepting June 1, 2026.

Impact:

6/10

PLMR

5 months ago

StocksBearish

Gap Lowers Annual Guidance Following Q1 Earnings and Revenue Miss

Key Facts

•Gap reported earnings per share of $0.38, missing analyst expectations of $0.39.
•Quarterly revenue reached $3.5 billion, a 1% year-over-year increase but slightly below consensus estimates.
•The company lowered its full-year sales growth forecast to 1% to 2% due to slower performance at its Old Navy brand.

Impact:

6/10

GAP

5 months ago

StocksBullish

Over 26 US States Introduce Legislation to Add Bitcoin to Treasury Reserves

Key Facts

•More than 26 U.S. states have introduced legislation to add Bitcoin and digital assets to their state treasury reserves.
•New Hampshire, Arizona, and Texas are the first states to sign Bitcoin reserve bills into law.

Impact:

6/10

BTC

5 months ago

StocksMixed

US Market Mixed: SciSparc Surges 140% on M&A News While Photronics Plummets on Fraud Probe

Key Facts

•SciSparc shares surged 140.32% following conditional regulatory approval for its subsidiary to acquire a majority interest in CliniQuantum.
•Photronics stock fell 36.42% following the announcement of a securities fraud investigation by a law firm.
•Q32 Bio and Sidus Space shares declined after announcing plans for private placements and stock offerings.

Impact:

6/10

PLTR

5 months ago

StocksBullish

Boeing to Boost 737 Max Production to 47 Monthly After FAA Consultation

Key Facts

•Boeing CEO announced an increase in 737 Max production to 47 jets per month, up from 42.

Impact:

6/10

5 months ago

StocksBullish

MYR Group Reports Record Q1 Earnings and Announces Strategic Acquisition

Key Facts

•MYR Group reported record Q1 net income of $46.8 million, or $2.99 per diluted share.
•The company signed an agreement to acquire Valley Holdings I, with the deal expected to close in Q3 2026.

Impact:

6/10

MYRG

5 months ago

StocksBearishUpdated

Autodesk Shares Drop 4% Following Record $3.6B MaintainX Acquisition Deal

Key Facts

•Autodesk shares fell approximately 4% to around $230 following the acquisition announcement.
•Autodesk plans to acquire maintenance software company MaintainX in an all-cash deal valued at $3.6 billion.
•The deal represents Autodesk's largest acquisition to date.

Impact:

6/10

ADSK

5 months ago

StocksBearishUpdated

ResMed Stock Hits 52-Week Low on Mixed Q3 Earnings and $340M Acquisition

Key Facts

•ResMed stock hit a 52-week low of $198.60, marking an 18.79% decline over the past year.
•The company reported mixed Q3 2026 results, with earnings beating forecasts but revenue slightly missing estimates.
•ResMed plans to acquire Noctrix Health for $340 million.

Impact:

6/10

RMD 0KW4.L RSMDF

5 months ago

StocksBullishUpdated×5

Dell Jumps 30% as AI Server Revenue Rockets 757% to a Record $16.1 Billion

Key Facts

•Total revenue hit a record $43.8B, up 88% YoY, with non-GAAP EPS of $4.86 (+214%).
•AI-optimized server revenue surged 757% to $16.1B; ISG revenue rose 181% to $29B.
•Dell closed at $413.90 on May 29, 2026, up about 30.5% (from $317.05) after the results.

Impact:

6/10

DELL

5 months ago

StocksBullish

NetApp Stock Surges on Strong Earnings and AI-Driven Sales Forecast

Key Facts

•NetApp reported adjusted earnings of $2.43 per share, beating analyst estimates.
•The company's sales reached $1.95 billion for the fiscal quarter ended April 24.
•The company raised its sales forecast due to rising demand for AI-related data storage solutions.

Impact:

6/10

NTAP

5 months ago

StocksBullishUpdated

IFF Nears $4 Billion Sale of Food Ingredients Unit to CVC Capital

Key Facts

•IFF is nearing a deal to sell its largest division to CVC for approximately $4 billion.

Impact:

6/10

IFF

5 months ago

StocksNeutral

Elastic N.V. Reports Q4 Fiscal 2026 Results, Discusses Future Growth Outlook

Key Facts

•Elastic N.V. held its Q4 fiscal year 2026 earnings call to discuss financial performance.

Impact:

5/10

ESTC

5 months ago

StocksMixed

Mixed Q1 Results for Elmet, Buckle, and Universal Amid Sectoral Divergence

Key Facts

•Elmet Group reported higher Q1 revenue and profit driven by aerospace, defense, and government demand.
•Buckle reported higher Q1 sales and earnings, aided by comparable-store growth and reduced SG&A expenses.
•Universal's fiscal 2026 results were pressured by a non-cash goodwill impairment and inventory write-downs.

Impact:

5/10

ELMT BKE UVV

5 months ago

StocksBearish

SentinelOne Slumps 15% Despite Strong Revenue and Doubling AI Growth

Key Facts

•SentinelOne shares fell 15% post-earnings despite reporting 21% revenue growth.
•The company posted 23% YoY ARR growth, with AI-driven ARR nearly doubling.
•The company is targeting $1.2 billion in revenue for FY27, representing 20% growth.

Impact:

5/10

5 months ago

StocksBullish

Creality 3D Debuts on Hong Kong Stock Exchange Under Ticker 3388.HK

Key Facts

•Shenzhen Creality 3D Technology officially listed its shares on the Hong Kong Stock Exchange under the ticker 3388.HK.

Impact:

5/10

3388.HK

5 months ago

StocksBullish

Rightmove Defies AI Disruption Fears with Strong 2025 Revenue and Profit Growth

Key Facts

•Rightmove delivered 9% revenue growth to £425.1m in 2025.
•Net profit increased to £217m with 11% EPS growth.
•Management disclosed that AI-generated traffic remains below 0.5%.

Impact:

5/10

RTMVF

5 months ago

StocksBullish

Tiptree and Warburg Pincus Close Sale of Fortegra to South Korea's DB Insurance

Key Facts

•Tiptree and Warburg Pincus announced the successful closing of the sale of The Fortegra Group.
•The buyer is DB Insurance Co., Ltd., a leading South Korean property and casualty insurer.

Impact:

5/10

TPTP

5 months ago

StocksBullish

Oil Price Slump Propels Global Stocks to Record Highs as Inflation Fears Fade

Key Facts

•Brent crude fell 19% in May, marking its sharpest monthly drop since 2020.

Impact:

5/10

5 months ago

StocksMixedUpdated

Mixed Results for Genesco and KNOT Offshore as Laurentian Bank Posts Loss

Key Facts

•Genesco reported Q1 fiscal 2027 results that exceeded expectations, driven by momentum at Journeys.
•KNOT Offshore Partners reported Q1 2026 net income of $2.6 million due to strong vessel utilization.
•Laurentian Bank of Canada reported a Q2 loss weighed down by transaction charges and loan portfolio sales.

Impact:

5/10

5 months ago

StocksMixed

Mixed Q1 Global Earnings as Silvercorp Hits Record Revenue Amid Sector Shifts

Key Facts

•Silvercorp Metals reported record Q3 FY2026 revenue of $126 million, a 3.51% increase year-over-year.
•XPeng Inc. detailed its Q1 2026 financial results during its earnings conference call.
•Silvercorp Metals achieved strong operating cash flow of $133 million despite a net income loss due to non-cash derivative charges.

Impact:

5/10

9868.HK CIMDF

5 months ago

Mergers & AcquisitionsMixed

Uber Raises Delivery Hero Stake to 25% Fueling Takeover Speculation

Key Facts

•Uber has increased its stake in Delivery Hero to 25%, potentially reaching 37% when including other financial instruments.

Impact:

6/10

UBER UT8.DE

5 months ago

Mergers & AcquisitionsBullish

Aspen Profits Triple Ahead of $3.5B Acquisition by Japan's Sompo

Key Facts

•Aspen Insurance nearly tripled its Q1 underwriting income, with its combined ratio improving to 89.1% due to better catastrophe experience.
•Japan's Sompo is preparing to complete the $3.5 billion acquisition of Aspen to enhance its specialty lines and global reinsurance capabilities.

Impact:

6/10

8630.T

5 months ago

Mergers & AcquisitionsBearish

Political Pressure Mounts Against $110B Paramount-Warner Bros Merger

Key Facts

•The $110 billion Hollywood megamerger between Paramount and Warner Bros may face legal challenges from Democratic Attorneys General.
•The DOJ is expected to approve the deal, but turmoil at Paramount’s CBS is increasing political pressure for state-level intervention.

Impact:

6/10

WBD

5 months ago

Mergers & AcquisitionsBullish

Yum Brands in Exclusive Talks to Sell Pizza Hut to LongRange Capital

Key Facts

•Yum Brands is in exclusive talks to sell its Pizza Hut chain to LongRange Capital.

Impact:

6/10

YUM

5 months ago

Mergers & AcquisitionsBullishUpdated

Castlelake Explores easyJet Takeover Bid in Potential Delisting Move

Key Facts

•EasyJet shares jumped following reports suggesting takeover interest in the airline.

Impact:

6/10

EZJ

5 months ago

Mergers & AcquisitionsBearish

Equity Residential Downgraded as Legal Hurdles Mount for AvalonBay Merger

Key Facts

•Piper Sandler downgraded Equity Residential from Overweight to Neutral.
•The merger with AvalonBay Communities is under investigation by multiple law firms for potential securities law violations.
•The merger projects $125 million in net synergies, though analysts question the likelihood of significant cost savings.

Impact:

6/10

EQR AVB

5 months ago

Mergers & AcquisitionsBullish

Worthington Steel Raises $1.4B for Klöeckner Acquisition

Key Facts

•Worthington Steel has raised $1.4 billion in funding specifically for the acquisition of Klöeckner.

Impact:

6/10

5 months ago

Mergers & AcquisitionsBullish

Zijin Gold Secures Canada Approval for Allied Gold Acquisition, Extends Deadline

Key Facts

•Zijin Gold International received approval under the Investment Canada Act for the acquisition of Allied Gold.
•The outside date for the completion of the transaction has been extended to July 29, 2026.

Impact:

5/10

2259.HK

5 months ago

Mergers & AcquisitionsBullish

Vantage Drilling to Merge with Norway's Eldorado Drilling in Strategic Acquisition

Key Facts

•Vantage Drilling International announced a merger agreement with Norwegian company Eldorado Drilling AS.
•Eldorado will acquire Vantage Drilling via a merger with a wholly owned subsidiary in Bermuda.

Impact:

5/10

5 months ago

Mergers & AcquisitionsBullish

Mission Produce Closes Calavo Growers Acquisition to Boost Market Share

Key Facts

•Mission Produce has closed its acquisition of Calavo Growers, adding guacamole and new produce lines to its portfolio.

Impact:

5/10

AVO

5 months ago

CommoditiesBearish

Saudi Aramco Expected to Cut July Oil Prices for Asia Amid Weakening Demand

Key Facts

•Saudi Arabia is expected to cut the Official Selling Price (OSP) for Arab Light crude to Asia in July by $3 to $8 per barrel.
•The expected cut is driven by weakening demand and narrowing spot premiums for Middle Eastern crude.

Impact:

6/10

2222.SR

5 months ago

CommoditiesBearish

Saudi Aramco Expected to Cut July Crude Prices for Asia Amid Weak Demand

Key Facts

•Saudi Aramco is expected to lower official selling prices for its crude to Asia in July for the second consecutive month.
•Arab Light grade may be priced at a premium of $7.50 to $12.50 a barrel over Dubai/Oman, a reduction of $3 to $8 from June levels.
•The expected cut is driven by softer Asian demand and refiners reducing crude runs after high prices squeezed profit margins.

Impact:

6/10

2222.SR

5 months ago

Macro EconomyBearish

JPMorgan's Jamie Dimon Warns of Inflation Risks Despite AI-Driven Growth

Key Facts

•Jamie Dimon flagged rising inflation as a key economic concern despite the current market rally.
•Investment in AI is identified as a significant driver of growth in the U.S. economy.

Impact:

6/10

JPM

5 months ago

Macro EconomyBearishUpdated

India Forecasts Below-Average Monsoon for 2026, Raising Economic Risks

Key Facts

•India is expected to see below-average monsoon rains in 2026 for the first time in three years.

Impact:

6/10

5 months ago

Macro EconomyBearish

China Export Prices Surge 5% in April as Oil Shock Hits Factory Costs

Key Facts

•Chinese export prices jumped by 5% in April from a year earlier, marking the largest increase since April 2023.
•The increase is largely attributed to the oil price shock impacting manufacturing inputs and production costs.

Impact:

5/10

5 months ago

CryptoMixed

VanEck Debuts First U.S. Spot BNB ETF on NASDAQ

Key Facts

•VanEck debuted the first U.S. spot BNB ETF, listed on NASDAQ under the ticker VBNB.

Impact:

6/10

BNB BTC

5 months ago

CryptoBullishUpdated

Morgan Stanley Discloses First XRP Exposure via Exchange-Traded Funds

Key Facts

•Morgan Stanley disclosed its first investment exposure to XRP through exchange-traded funds.
•The bank views Ripple as a leading payments alternative to the SWIFT system.

Impact:

6/10

XRP

5 months ago

CryptoBullishUpdated