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News Events

Track the evolution of major financial and economic events

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Resolved·4 months ago
Crypto

Ethereum Dip Below $2,000 Triggers Surge in Retail 'Buy-the-Dip' Sentiment

Ethereum dipped below $2,000, triggering a surge in retail 'buy-the-dip' sentiment. Analysts warned of a potential bull trap as Ethereum breached the $2,000 support level. Additionally, Ethereum entered oversold territory amid heavy selling pressure.

11 articles3 stories
Resolved·4 months ago
Stocks

Tyson Foods Appoints Board Member Jeff Schomburger as New President and CEO

On May 28, Tyson Foods announced the appointment of board member Jeff Schomburger as its new president and chief executive officer. Schomburger will succeed Donnie King in leading the meat processing company.

0 articles0 stories
TSN
PreviousPage 60Next
Resolved·4 months ago
Crypto

Solana Dips to $80 Following Escalation in US-Iran Geopolitical Tensions

Solana's price dropped to $80 following an escalation in US-Iran geopolitical tensions, leading to deteriorating sentiment in cryptocurrency markets. US military strikes on Iranian drone sites triggered a broad sell-off in risk assets. Meanwhile, the Solana co-founder called for efforts to accelerate the token's disinflation, alongside proposals to improve Solana's tokenomics.

19 articles11 stories
SOLHNT
Resolved·4 months ago
Stocks

Zayo Completes Record Acquisition of Crown Castle Fiber Assets to Fuel AI Infrastructure

On May 28, Zayo Group completed its largest acquisition to date by purchasing Crown Castle's fiber assets. This deal aims to enhance the infrastructure for artificial intelligence, reflecting Zayo's commitment to expanding its capabilities in this area.

1 articles1 stories
CCI
Resolved·4 months ago
M&A

Fertitta Entertainment to Acquire Caesars in $17.6 Billion All-Cash Deal

Caesars Entertainment has agreed to be acquired by Fertitta Entertainment in an all-cash transaction valued at $17.6 billion. The deal includes the assumption of $11.9 billion in debt. Caesars shareholders will receive $31.00 in cash for each outstanding share.

15 articles4 stories
CZR
Resolved·4 months ago
Stocks

Veracyte Raises 2026 Guidance Following Strong Q1 Revenue and Cash Flow Growth

On May 28, Veracyte reported a 21% revenue growth in its Q1 2026 results. Non-GAAP gross margins expanded to 76%. Following strong cash generation, the company raised its 2026 guidance.

3 articles3 stories
VCYT
Resolved·4 months ago
Stocks

eDreams ODIGEO Posts Record 42% Profit Growth, Beating FY2026 Guidance

On May 28, eDreams ODIGEO reported a record adjusted net income of €72.9 million, representing a 42% increase. These results exceeded the FY2026 guidance.

4 articles2 stories
EDR
Resolved·4 months ago
Crypto

UK Sanctions HTX Affiliate Over $7.6B Suspicious Crypto Flows Linked to Russia

On May 28, British authorities targeted Huobi Global S.A., an affiliate of HTX, in a new sanctions package. Reports allege that the company facilitated transactions linked to Russia's shadow financial network totaling $7.6 billion.

4 articles1 stories
Resolved·4 months ago
Stocks

Boston Scientific Shares Plunge 12.5% on Weak Organic Growth Outlook

Boston Scientific shares fell by 12.53% on May 27 after the company reiterated its lackluster full-year organic growth guidance. This decline reflects investor concerns about the company's future performance.

0 articles0 stories
BSX
Resolved·4 months ago
Stocks

Pentagon Awards $9.7 Billion Software Contract to Microsoft and Dell

On May 27, the Pentagon announced a five-year agreement worth $9.69 billion to consolidate software licenses across military services. Dell won the contract after a competitive process to provide a suite of software to the U.S. Department of Defense. Dell shares rose 3% in premarket trading after the contract was awarded, and the company's market value has more than doubled this year.

4 articles1 stories
MSFTDELL
Resolved·4 months ago
Stocks

Major Canadian Banks Beat Q2 Estimates and Hike Dividends

Major Canadian banks, including BMO, Scotiabank, and National Bank of Canada, surpassed analyst profit expectations for the second quarter ending April 30. BMO reported a significant 34% year-over-year increase in net income to $2.63 billion. All three banks announced an increase in their quarterly dividend payments.

0 articles0 stories
BMOBNS+1
Resolved·4 months ago
Macro

Household Energy Bills Projected to Surge 13% Amid Geopolitical Conflict

Household energy bills are projected to surge by 13% annually starting in July, driven by soaring wholesale costs due to the US-Israel conflict with Iran. This increase is expected to significantly impact household budgets, raising concerns about affordability in the current climate.

0 articles0 stories
Resolved·4 months ago
Crypto

Banca Sella Becomes First Italian Bank to Secure Crypto License Under MiCA

On May 27, Banca Sella received approval from the Bank of Italy to offer digital asset custody and transfers under MiCA regulations, becoming the first Italian bank to secure a crypto license. On the same day, Mastercard secured a New York BitLicense for its crypto operations, Falcon Finance launched a new stablecoin product called fUSD aimed at institutional trading, and SoFi launched a stablecoin product called SoFiUSD targeting consumer banking users. On May 28, Aave Labs subsidiaries received approvals from the UK Financial Conduct Authority.

7 articles3 stories
Resolved·4 months ago
Stocks

F5 Shares Surge 56% This Year on Robust Institutional Inflows and Earnings

F5 shares have surged 56% this year, driven by strong institutional buying interest. On May 27, the company reported an 11% year-over-year revenue increase for the second fiscal quarter of 2026.

2 articles2 stories
FFIV
Resolved·4 months ago
Stocks

Gorilla Technology Surges as Q1 Revenue Jumps 55% and Full-Year Guidance Raised

Gorilla Technology saw a 55% increase in Q1 revenue, reaching $28.2 million, with positive operating cash flow of $6.6 million. The company also raised its full-year 2026 revenue guidance to between $160 million and $200 million. On June 3, Gorilla closed a $2 billion AI infrastructure deal in India with Supermicro, which includes the delivery of cards and networking equipment to support the Yotta AI project.

18 articles3 stories
GRRR
Resolved·4 months ago
Geopolitics

Israel Expands Lebanon Ground Operations Amid Intensified Strikes

On May 26, Israel conducted heavy strikes on Lebanon and expanded its ground operations. On May 30, Hezbollah carried out 22 military operations against Israeli army positions, and rockets were launched from Lebanon towards Western Galilee. On May 31, Prime Minister Benjamin Netanyahu confirmed he instructed the military to increase pressure on Hezbollah, while oil prices rose over 2% following Israeli troop movements. On June 2, Israel's defense minister threatened there would be 'no calm in Beirut' if Hezbollah's attacks continued.

0 articles0 stories
Resolved·4 months ago
Stocks

Skyline Champion Beats Estimates as Demand for Affordable Housing Surges

Skyline Champion reported quarterly earnings of $0.68 per share, beating the consensus estimate of $0.63. The company's revenue reached $621.28 million, marking a 4.6% increase from the prior-year period. The company sold a record 26,622 homes during its fiscal year amid high traditional housing prices.

0 articles0 stories
SKY
Resolved·4 months ago
Stocks

Insulet Recalls 7 Million Omnipod Insulin Pumps Over Manufacturing Defects

Insulet Corporation recalled approximately 7 million Omnipod insulin pump pods due to a manufacturing defect causing insulin leakage. This recall was announced on May 26, raising concerns among users about the safety of the product.

0 articles0 stories
PODD
Resolved·4 months ago
Stocks

Cameco EBITDA Surges 44% on Uranium Strength and Westinghouse Gains

Cameco's adjusted EBITDA surged 44% to CAD 509 million in Q1 2026, driven by strength in the uranium segment. On May 27, nuclear power startup Newcleo announced its plans to go public through a SPAC deal, valuing the developer at approximately $2.4 billion.

2 articles1 stories
CCJ0R35.L
Resolved·4 months ago
Central Banks

ECB’s Lane Signals June Rate Hike as Inflation Outlook Worsens

On May 26, ECB Chief Economist Philip Lane stated that the inflation outlook has worsened, reinforcing expectations for a rate hike in June.

0 articles0 stories
Resolved·4 months ago
Stocks

BP Ousts Chairman Albert Manifold Over Conduct Issues; Shares Plunge 9%

On May 26, BP's board of directors removed Chairman Albert Manifold with immediate effect following a unanimous vote. BP's London-listed shares fell by 9% after the news of the chairman's removal. The removal was triggered by issues related to governance standards, oversight, and conduct raised with the board.

0 articles0 stories
BP.LBP
Resolved·4 months ago
Stocks

Outlook Therapeutics Wins FDA Appeal for Retinal Drug LYTENAVA

The U.S. FDA granted Outlook Therapeutics' appeal for the retinal drug LYTENAVA following a Formal Dispute Resolution process. The company plans to resubmit its biologics license application in June 2026. If approved, LYTENAVA would be the first FDA-approved ophthalmic formulation of bevacizumab with FDA-approved manufacturing and labeling.

5 articles5 stories
OTLK
Resolved·4 months ago
Stocks

Ferrari Unveils Luce: First EV Designed with Apple Visionary, Priced at $640,000

Ferrari unveiled the Luce model, the company's first fully electric vehicle, priced at $640,000. The electric car received a test drive from the Pope at Castel Gandolfo, but Ferrari's stock plunged 8.4% in Milan after critics claimed the car doesn't embody the Ferrari spirit. Meanwhile, Lamborghini CEO Stephan Winkelmann stated that the company's decision to cancel its all-electric vehicle plans was the right choice.

2 articles1 stories
RACE
Resolved·4 months ago
Stocks

Spotify Shares Gain as Company Unveils Ambitious 2030 Targets and AI Tools

On May 25, Spotify announced ambitious targets for 2030, aiming for a gross margin of 35-40% and operating margins above 20%. This announcement led to a rise in the company's stock prices, reflecting investor confidence in its future strategy.

6 articles2 stories
SPOT