Sivers Semiconductors Jumps 31% in a Week With May 29 In Focus
Sivers Semiconductors AB ended a wild week on a strong note. Shares jumped but attention shifted to May 29, when the company faces quarterly earnings and an MSCI index move.
Realty Income Faces Holiday-Week Check; Dividend Isn’t the Only Factor Traders Are Watching
Realty Income Corp. gave up some ground Friday in a quiet week, with the shares nudging lower in the holiday-shortened session. Investors are watching to see if the net-lease giant’s steady dividend is enough to balance the drag from high bond yields looking ahead.
Accenture Gets a Holiday-Week Lift, but AI Remains a Key Issue
Accenture plc closed at $179.24 on Friday, rising 0.77% for the day and up 6.17% for the week. The gain followed a steep drop—shares are still off 32.23% since the start of the year and remain down about 44% from their 52-week high.
Trump Media Stock Stays Near Year’s Lows as Bitcoin Investment Scrutinized
Trump Media & Technology Group Corp. closed out the week trading close to its lowest point in a year. A new bitcoin transfer has fueled questions about the Truth Social owner’s approach to crypto as markets head into the extended U.S. holiday weekend.
Ares Capital’s 10% yield draws attention after tough week
Ares Capital Corp. slipped this week. Investors are looking at a double-digit dividend yield, but concerns about private-credit risk have come up again ahead of the three-day U.S. market break.
First Solar Shares Up Ahead of Memorial Day, With Investors Watching Policy
First Solar Inc. shares finished Friday at $257.85, gaining 3.6% for the day and up 10.5% since last Friday. The stock climbed in three straight sessions following a fall on Tuesday, putting it less than 10% off its 52-week high.
Altria Shares Hold Near 52-Week High as Market Watches Holiday Break
Altria Group ended Friday just under its 52-week high, steady after a rally this month. The company’s U.S. Smokeless Tobacco unit said it will move production out of Nashville to Kentucky to reduce fixed costs.
Chevron Faces Holiday Test With Oil Shock, Pump Prices and Hess Sale in Focus
Chevron Corp. traded flat going into the long holiday weekend, with oil prices still high and criticism from California officials over pump prices. The company also disclosed in a filing that director John B. Hess sold a big stake.
PepsiCo shares gained ahead of the holiday. Harder pricing test still on deck
PepsiCo Inc. shares finished Friday up 1.16% at $150.57, gaining some ground into the Memorial Day break after a mixed week marked by a new liquidity filing and renewed scrutiny of U.S. snack prices. The stock started the week at $149.06 and ended at $150.57, up about 1%.
AbbVie Shares Edge Up Ahead Of Holiday On Pipeline News
AbbVie Inc. shares climbed ahead of the U.S. holiday weekend, lifted by a stronger market and several drug-pipeline updates that gave investors new info before cancer meetings next week.
Coherent Shares Trade Close to $378, With Next Test Set for Tuesday After Volatile AI-Optics Week
Coherent Corp. ended Friday at $377.57, off 0.1% and down about 1.3% from last week’s May 15 close. The shares saw a big drop Monday, then bounced Thursday as AI-optics names rallied into the holiday break.
Intuit Slashes 3,000 Jobs as TurboTax Faces New AI Threats
Intuit said it will cut around 3,000 jobs and shut its Reno and Woodland Hills offices. The TurboTax parent is making the move as it pushes further into artificial intelligence and looks to protect its main tax business.
AeroVironment Shares Surge 10% Ahead of Holiday With Tuesday in Focus for AVAV
AeroVironment Inc. ended Friday up 6.8% at $174.23, the week’s highest close, ahead of the Memorial Day holiday. The stock is up about 10.3% since last Friday’s $158.00 finish. Volume picked up Friday, with around 1.16 million shares trading.
Lockheed Martin Rises Going Into Holiday on Missile Plans
Lockheed Martin shares climbed 2.0% Friday to close at $533.24, pushing the stock about 3.3% higher from where it stood on May 15 ahead of the Memorial Day break. The defense company managed a stronger finish after a volatile week, as investors balanced worries over earnings with shifting missile demand.
Fervo Energy shares jump 42% after IPO as market watches for power delivery
Fervo Energy ended its first week as a public company with shares down 9.76% Friday at $38.35. Even after the slide, the geothermal stock is trading roughly 42% above its $27 IPO price going into the U.S. holiday weekend. Reuters market data.
Wall Street’s Eighth Straight Weekly Gain Faces Inflation Data Test
S&P 500 closed out the week moving closer to its record, while the Dow Jones Industrial Average hit another closing high ahead of the long holiday weekend. U.S. stocks kept climbing as the rally continued.
SSI Payment Rule May Reduce Checks for 400,000 Americans
Social Security is preparing a rule that would tighten how it determines low-income status for Supplemental Security Income. The changes could lower benefits or remove access for almost 400,000 older and disabled Americans living with relatives or friends.
Uber Faces €33 Delivery Hero Bid as Long Weekend Looms
Uber Technologies shares could be in a holding pattern after Delivery Hero said Saturday it got an early takeover approach from Uber, with an indicative price of €33 per share. It's not a firm offer. Uber stock ended at $71.82 on Friday, off 2.43% before the Memorial Day holiday.
Enbridge shares reach new highs as next hurdle approaches
Enbridge Inc. shares in Toronto set a new 52-week high this week. The move came as the Canadian market climbed, with investors looking at the company’s U.S. Northeast gas-pipeline expansion plans.
AXT Hits Record as AI Optics Bet Lifts Shares
AXT, Inc. shares surged to an all-time high Friday, finishing at $140.83 after rallying 16.37%. That followed a 15.69% climb on Thursday. The moves came as traders kept jumping into indium phosphide plays, betting on the material’s use in high-speed optical connections for AI data centers.
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