Today: 10 June 2026

Michał Rogucki

Kontoor Brands stock jumps after 2026 profit forecast lifts Wrangler and Lee owner, tariffs still a worry

Kontoor Brands stock jumps after 2026 profit forecast lifts Wrangler and Lee owner, tariffs still a worry

Kontoor Brands forecast 2026 adjusted EPS of $6.40–$6.50 and revenue of $3.40–$3.45 billion, factoring in over $100 million in tariff costs. Shares surged 21% Tuesday after the outlook, then slipped 1% early Wednesday. Fourth-quarter revenue rose 46% to $1.02 billion, boosted by the Helly Hansen acquisition. Wrangler revenue climbed 12% to $562 million; Lee rose 2% to $198 million.
4 March 2026
··
Why Transocean’s CEO and top executives just sold shares — SEC filings explain the timing

Why Transocean’s CEO and top executives just sold shares — SEC filings explain the timing

Transocean CEO Keelan Adamson and three other executives disposed of shares this week to cover taxes after equity awards vested, according to SEC filings. Shares fell 2.3% to $6.11 in premarket trading Wednesday. The disclosures come as Transocean pursues a $5.8 billion all-stock takeover of Valaris. Each filing described the sales as tax-related, not discretionary selling.
4 March 2026
···
Petrobras won’t rush Brazil fuel price changes after Iran conflict spikes oil, CEO says

Petrobras won’t rush Brazil fuel price changes after Iran conflict spikes oil, CEO says

Petrobras will monitor oil prices before deciding on gasoline and diesel adjustments in Brazil, CEO Magda Chambriard said, after Middle East conflict pushed Brent crude up 4.7% to $81.40 a barrel. Treasury Secretary Rogerio Ceron warned a prolonged oil shock could affect Brazil’s planned interest rate cuts. Banks raised oil forecasts as shipping risks grew near the Strait of Hormuz.
4 March 2026
·
Venture Global shares jump after New York judge blocks Shell bid in LNG fight

Venture Global shares jump after New York judge blocks Shell bid in LNG fight

Venture Global shares rose over 8% Tuesday after a New York judge rejected Shell’s attempt to overturn an LNG arbitration award. The company reported a 191% jump in adjusted core profit to $2 billion for Q4, driven by higher Plaquemines plant output. Venture Global also signed a five-year LNG supply deal with Trafigura starting in 2026. U.S. LNG supply remains tight after Qatar’s outage.
4 March 2026
··
Tesla’s EU carbon-credit pool just lost Stellantis, Toyota and Subaru for 2026, filings show

Tesla’s EU carbon-credit pool just lost Stellantis, Toyota and Subaru for 2026, filings show

Stellantis, Toyota, and Subaru have not joined Tesla’s 2026 EU carbon-credit pool, an EU filing showed, though all three participated in 2025. Stellantis said it may opt in later; Toyota called pooling decisions premature. The EU now allows carmakers to average CO2 targets over 2025–2027. Tesla’s regulatory credit revenue fell 28% to $1.99 billion in 2025.
4 March 2026
········
Intel shakes up board again as chair Frank Yeary exits, Craig Barratt tapped

Intel shakes up board again as chair Frank Yeary exits, Craig Barratt tapped

Intel board chair Frank Yeary will retire after the May 13 annual meeting, with director Craig Barratt set to take over. The board will shrink to 11 members. The leadership change comes as CEO Lip-Bu Tan pushes a manufacturing-focused turnaround and contract chipmaking strategy. Analyst Jay Goldberg called Yeary’s exit overdue and said Barratt’s promotion could help drive cultural change.
4 March 2026
·
Palantir shares jump on fresh $200 target as Thiel sale plan keeps traders edgy

Palantir shares jump on fresh $200 target as Thiel sale plan keeps traders edgy

Palantir shares rose 1.4% premarket after Rosenblatt raised its price target to $200 and kept a buy rating. U.S. agencies moved to ban Anthropic’s AI tools, shifting attention to defense AI policy and rival vendors. Palantir faces a new lawsuit in Texas alleging fraud and insider selling by a Thiel-linked entity. The U.S. Army’s $10 billion software deal with Palantir remains non-binding.
4 March 2026
·
Saylor’s Strategy buys another $204 million of Bitcoin — and leans on MSTR stock again

Saylor’s Strategy buys another $204 million of Bitcoin — and leans on MSTR stock again

Strategy Inc bought 3,015 bitcoin for $204.1 million, raising its total holdings to 720,737 tokens, according to a regulatory filing. Most of the purchase was funded by selling 1.73 million Class A shares for $229.9 million, with a smaller amount from preferred stock. Bitcoin traded at $70,684 Wednesday, below Strategy’s average purchase price of $75,985. The firm raised its Stretch preferred stock dividend rate to 11.5%.
4 March 2026
···
Ondas inks World View partnership after $10 million stake, chasing high-altitude defense ISR

Ondas inks World View partnership after $10 million stake, chasing high-altitude defense ISR

Ondas invested $10 million in World View Enterprises and signed a partnership to develop integrated intelligence, surveillance, and reconnaissance systems. The deal aims to combine World View’s high-altitude balloons with Ondas’ drone and counter-drone technology. Ondas shares fell about 6% in premarket trading Wednesday. No timeline for joint product sales was disclosed.
4 March 2026
··
Plug Power stock jumps 23% on earnings beat as new CEO pitches $275 million cash boost

Plug Power stock jumps 23% on earnings beat as new CEO pitches $275 million cash boost

Plug Power shares jumped 23% Tuesday after the company reported a $5.5 million gross profit for the fourth quarter, reversing a year-earlier loss. Revenue rose to $225.2 million. Plug ended 2025 with $368.5 million in unrestricted cash and plans to sell upstate New York land and infrastructure for up to $142 million. Jose Luis Crespo became CEO on March 2, succeeding Andy Marsh.
4 March 2026
··
Workday stock jumps 7% as CEO Bhusri’s new equity award filing hits tape after selloff

Workday stock jumps 7% as CEO Bhusri’s new equity award filing hits tape after selloff

Workday shares jumped about 7% early Wednesday after recent SEC filings showed CEO Aneel Bhusri and other executives received performance-based stock units, vesting in 2028. The awards followed a performance period ending Jan. 31. The stock had fallen sharply in February after a weak sales outlook and investor concerns over AI disruption. Bhusri returned as CEO in February, replacing Carl Eschenbach.
4 March 2026
··
Snowflake edges closer to the sales floor as EY and Canva roll out “agentic” AI platform

Snowflake edges closer to the sales floor as EY and Canva roll out “agentic” AI platform

EY launched an AI sales platform built with Snowflake and Canva, targeting workflow automation and real-time data for sales teams. Snowflake executives told a Morgan Stanley conference they are prioritizing AI adoption despite lower initial margins. Snowflake shares fell 2.7% premarket to $165.79. EVP Christian Kleinerman sold 10,000 shares on March 2 at $165.01 each under a pre-arranged plan.
4 March 2026
···
1 … 11 12 13 14 15 … 33

Stock Market Today

  • Mercantile Ports & Logistics Legal Challenge Delays Karanja Terminal Resolution Plan
    June 10, 2026, 11:50 AM EDT. Mercantile Ports & Logistics Limited (MPL) has formally challenged the Committee of Creditors' approval of the resolution plan for Karanja Terminal & Logistics Private Limited. The National Company Law Tribunal (NCLT), Mumbai Bench, was scheduled to hear the case on June 8, 2026, but the hearing has been postponed. MPL is seeking a new date and remains committed to protecting shareholder interests and recovering value for stakeholders. The company alleges fundamental flaws in the resolution plan approval process and will pursue all legal remedies available. MPL's Nomad and Broker, Cavendish Capital Markets, is monitoring the situation closely and will provide updates when possible.

Latest articles

Euro Tech Holdings Shares Slip on High-Volume CLWT Ballast-Water Launch

Euro Tech Holdings Shares Slip on High-Volume CLWT Ballast-Water Launch

10 June 2026
Euro Tech Holdings’ CLWT shares plunged 11.7% to $1.13 on heavy volume after launching a mobile hybrid ballast-water treatment facility, but the company’s announcement lacked customer names, order values, pricing, or a European sales partner, leaving investors with more questions than answers as the stock’s move outpaced any disclosed commercial progress.
Ming Shing Group Holdings shares surge, then fall back after $110M graphene move raises dilution questions

Ming Shing Group Holdings shares surge, then fall back after $110M graphene move raises dilution questions

10 June 2026
Ming Shing Group Holdings shares soared to $5.54 before plunging to $1.74 after closing a $110 million acquisition of PMA Nano Carbon Tech, paid with convertible notes that could create over 111 million new shares at $0.99 each, raising dilution concerns as investors weigh the company’s pivot from construction to graphene technology amid management turnover and a June 16 vote on massively increasing authorized shares.
Go toTop