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Alibaba Leads $293M Bet on ShengShu, Rivaling OpenAI’s Sora
Alibaba Group’s cloud division led a 2 billion yuan ($293 million) funding round for ShengShu Technology. The Chinese startup specializes in AI video...
Lululemon gains despite weak profit outlook, following CEO share purchases
Lululemon Athletica Inc. issued a mixed financial outlook for fiscal 2026. The company expects first-quarter earnings per share between $1.63 and $1.68. This...
Micron's AI Memory Bet Is Paying Off in Record Numbers — But Can a $25 Billion Spending Spree Keep the Supercycle Alive?
Shares of Micron Technology climbed past $420 this week after the company raised its fiscal third-quarter guidance to levels that left Wall Street scrambling...
Lockheed Martin Orion completes Artemis II, ending 50-year crewed lunar hiatus
Lockheed Martin’s Orion spacecraft splashed down in the Pacific Ocean on April 10. The vessel carried four astronauts during the 10-day Artemis II...
American Airlines Lowers Q1 Earnings Outlook, Citing Rising Jet Fuel Costs
American Airlines updated its first-quarter 2026 guidance on April 10, 2026. The carrier projects an earnings per share loss between $0.50 and $0.10. This...
Intuit shares sink 6%, triggered by Anthropic AI agent news
Intuit’s stock price fell more than 6% on Thursday, April 9, 2026. This decline occurred during a broader selloff of software companies with artificial...
Atlassian sinks 8%, driven by AI pivot and restructuring concerns
Atlassian (TEAM) shares fell 8.6% on April 9, 2026. No new corporate announcements triggered the decline. Investors focused on risks tied to the company’s...
ServiceTitan hits 52-week low, despite 22% revenue growth
ServiceTitan, Inc. (TTAN) shares closed at a new 52-week low of $57.89 on April 9, 2026. The stock has declined approximately 42% year-to-date. Some analysts...
White House proposes $1.5 trillion defense budget, fueling long-term aerospace growth
The White House unveiled its fiscal year 2027 defense budget proposal on April 10, 2026. The administration requests a $1.5 trillion baseline for the Pentagon...
Micron raises Q3 outlook, citing sold-out AI memory through 2026
Micron Technology expects third-quarter 2026 revenue between $32.8 billion and $34.3 billion. The company forecasts earnings per share ranging from $18.75 to...
Constellation Brands Rises 8%, Driven by $1.6 Billion Shareholder Return
Constellation Brands (STZ) exceeded analyst expectations for revenue and earnings per share in its fourth-quarter and full-year fiscal 2026 results. The...
Delta Air Lines earns analyst upgrades, following better-than-expected Q1 earnings
Delta Air Lines reported first-quarter earnings on April 8. Analyst firms Argus and TD Cowen raised their price targets on April 9 while maintaining Buy...
Salesforce Hits 52-Week Low, Driven by AI Disruption Fears
Salesforce shares hit a new 52-week low on April 9, 2026. The stock closed at $175.93 on April 8. This decline represents a 31.04% loss over the past year. A...
GM Reaffirms 2026 Profit Targets, Securing Top Industry Ranking
General Motors reiterated its fiscal year 2026 financial outlook. The company projects diluted adjusted earnings per share between $11.00 and $13.00. Adjusted...
Volkswagen Halts US ID.4 Production, Citing Challenging EV Market
Volkswagen will end production of the all-electric ID.4 SUV at its Chattanooga, Tennessee, plant in mid-April 2026. The automaker cited a challenging and...
Meta Launches Applied AI Division, Building Data Engine for Faster Models
Meta is forming a new Applied AI Engineering organization to advance its artificial intelligence objectives. Reality Labs Vice President Maher Saba will lead...
Coca-Cola System Pledges R17.6 Billion Investment in South Africa by 2030
The Coca-Cola system will invest R17.6 billion in South Africa through 2030. Luis Felipe Avellar, President of the Africa operating unit, announced the plan at...
Atlassian Shares Tumble, Following Guggenheim’s 40% Price Target Cut
Atlassian shares fell sharply on Thursday. Guggenheim analyst Howard Ma reduced the price target by nearly 40%. The target price dropped from $190 to...
Rocket Lab targets $700 million NASA Mars contract, expanding deep-space infrastructure
Rocket Lab is competing for a $700 million NASA contract to build the Mars Telecommunications Network (MTN). The company already holds a preliminary study...
Macy's Hikes Dividend 5%, Sending Shares to 20-Day High
Macy’s Inc. increased its quarterly dividend by 5%. The new payout exceeds $0.19 per share. Management signaled confidence in the business despite current...