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NYSE:NWL 1 May 2026

Newell Brands Stock Jumps After 2026 Outlook Hike, But the Sales Test Is Not Over

Newell Brands Stock Jumps After 2026 Outlook Hike, But the Sales Test Is Not Over

Newell Brands raised its 2026 sales and earnings outlook after first-quarter results beat expectations, sending shares up about 9% to $4.445. Net sales fell 1.1% to $1.549 billion, but gross margin improved to 33.1%. The company now expects 2026 net sales to be flat to up 2%, compared to its previous forecast of down 1% to up 1%. Core sales dropped 3.5% in the quarter.

Stock Market Today

  • SpaceX IPO Causes Sharp Drop in AST SpaceMobile Stock
    June 15, 2026, 8:13 PM EDT. AST SpaceMobile (ASTS) saw its stock plunge 15.5% after SpaceX's IPO, despite solid operational progress including $1.2 billion in commercial contracts. SpaceX debuted with a market valuation near $1.75-2 trillion, drastically altering investment flows in the space sector. This shift diverted capital from smaller high-growth players like ASTS, whose $24.5 billion market cap now looks modest beside SpaceX's size. The broader S&P 500 rose 0.5% amid this 'shakeout,' highlighting investor preference for mega-cap space ventures. ASTS's steeper decline than peer SATS suggests greater perceived exposure to new competition. The SpaceX IPO prompts a reassessment of portfolio allocations towards established tech giants versus promising, smaller companies.

Latest articles

Intel stock gains after BofA upgrade, foundry business in focus

Intel Gains as Chip Shares Recover

16 June 2026
Intel surged to $127.86, topping analyst targets, as chip stocks rallied on easing inflation and AI optimism, but the stock’s gains outpace consensus expectations and recent earnings remain negative; investors now await the unconfirmed July 23 earnings report for proof that demand is driving real revenue growth.
Dave & Buster’s falls after Q1 comes up short, comps slip

Dave & Buster’s falls after Q1 comes up short, comps slip

16 June 2026
Dave & Buster’s shares plunged 4.72% to $12.32, then dropped another 11.2% after hours, after Q1 revenue, adjusted profit, and comparable-store sales all missed expectations; management’s guidance for positive sales trends and free-cash-flow remains the next key catalyst as investors weigh the company’s turnaround credibility.
HUB Cyber Security Surges 42% Following Filings, Nasdaq Status Update

HUB Cyber Security Surges 42% Following Filings, Nasdaq Status Update

16 June 2026
HUB Cyber Security shares soared 42% to $1.68 with after-hours quotes at $1.86 on heavy volume, driven by momentum from recent ownership filings and a 1-for-20 reverse split, not new operating news; the next key catalyst is HUB’s overdue 2025 Form 20-F and Nasdaq compliance plan, due July 17, with delisting risk if not resolved.
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