Today: 20 May 2026
Browse Category

NYSE:NVRI 21 November 2025

Enviri (NVRI) Soars as It Sells Clean Earth to Veolia for $3.04 Billion and Unveils “New Enviri” Spin‑Off

Enviri (NVRI) Soars as It Sells Clean Earth to Veolia for $3.04 Billion and Unveils “New Enviri” Spin‑Off

Enviri Corporation will sell its Clean Earth hazardous-waste unit to Veolia Environnement for $3.04 billion in cash and spin off its remaining businesses into a new public company, New Enviri. NVRI shares jumped over 30% in premarket trading. Shareholders are set to receive $14.50–$16.50 per share in cash plus 0.33 shares of New Enviri for each Enviri share. The deal is expected to close by mid-2026.
21 November 2025
···

Stock Market Today

  • Nvidia Q1 Earnings Beat Expectations, Shares Dip
    May 20, 2026, 4:32 PM EDT. Nvidia reported Q1 earnings, posting revenue of $81.62 billion, surpassing the $79.19 billion forecast. Adjusted EPS reached $1.87, beating estimates around $1.77-$1.78. Data Center revenue hit $75.2 billion, exceeding predictions. The company provided strong Q2 guidance with revenue expected at $91 billion ±2%, above $87.36 billion estimates, signaling robust AI infrastructure demand despite market concerns. Nvidia's networking segment, critical for AI cluster interconnects, is rapidly expanding, driven by products like NVLink and InfiniBand. This marks a strategic expansion beyond GPUs, including partnerships with Amazon Web Services. However, rising political resistance to data center growth due to environmental and local impact remains a risk. Nvidia shares initially fell 3% post-report.

Latest articles

Royal Bank of Canada Stock Hits 52-Week High — Why May 28 Now Matters

Royal Bank of Canada Stock Hits 52-Week High — Why May 28 Now Matters

20 May 2026
Royal Bank of Canada shares hit a 52-week high of C$257.91 on Wednesday, closing up 1.99% at C$257.55. Fitch upgraded RBC’s legacy senior long-term debt rating to AA+ from AA on May 19. Investors await RBC’s second-quarter results, set for May 28. The S&P/TSX Composite Index rose 0.9% as most sectors advanced.
Arm Jumps 15% as AI CPU Trade Picks Up

Arm Jumps 15% as AI CPU Trade Picks Up

20 May 2026
Arm’s U.S.-listed ADRs jumped 15.1% to $256.73 on Wednesday after Bernstein initiated coverage with an outperform rating and $300 target. The rally came ahead of Nvidia’s results and amid a broader chip stock surge. Arm reported record quarterly revenue and strong demand for its new AGI CPU. Ongoing U.S. antitrust scrutiny and supply constraints remain concerns.
Reddit Pushes Past $150 but Ad Campaign Still Lags

Reddit Pushes Past $150 but Ad Campaign Still Lags

20 May 2026
Reddit shares fell 5.2% to $146.84 late Wednesday, underperforming broader tech indexes despite launching new app-advertising tools. A trust linked to CEO Steve Huffman sold 18,000 shares last week, according to an SEC filing. Reddit reported Q1 revenue of $663 million, up 69% year over year, and set Q2 revenue guidance between $715 million and $725 million.
Go toTop