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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...
Berkshire Hathaway faces commission lawsuit, despite $250 million settlement
A federal judge ruled Thursday that a Berkshire Hathaway unit must face a proposed antitrust class-action lawsuit. The lawsuit alleges the company conspired...
General Dynamics wins $450M Marine contract, replacing aging scout fleet
General Dynamics Land Systems secured a $450 million contract for the pre-production development of the U.S. Marine Corps’ Advanced Reconnaissance Vehicle...
SLV tumbles 4% to $65.68, following U.S.-Iran ceasefire agreement
The iShares Silver Trust (SLV) fell 4.40% on April 9, 2026. The fund closed at $65.68 per share. A fragile ceasefire agreement between the U.S. and Iran...
Coca-Cola Ousts Pepsi at Marriott, Ending 34-Year Partnership
The Coca-Cola Company secured an exclusive agreement to become the beverage partner for Marriott International. This deal ends a 34-year relationship between...
Levi Strauss Hikes 2026 Outlook, Fueled by 16% Direct-to-Consumer Growth
Levi Strauss & Co. (LEVI) exceeded analyst expectations for the first quarter of fiscal 2026. Adjusted earnings per share reached 42 cents, surpassing the...
Nike ousts Adidas as UEFA ball supplier, ending 26-year partnership
Nike is in exclusive negotiations to become the official match ball supplier for all elite UEFA men's club competitions. The proposed four-year contract...
Iran Shuts Strait of Hormuz, Sending Oil Toward $100 Over Lebanon Strikes
Iran re-closed the Strait of Hormuz to oil tanker traffic on Thursday. The move follows Israeli strikes in Lebanon that Iran deemed a violation of a U.S.-Iran...
Meta secures $21 billion CoreWeave deal, locking in NVIDIA Vera Rubin tech
CoreWeave expanded its partnership with Meta through a new agreement valued at approximately $21 billion. The contract provides Meta with dedicated AI cloud...
ExxonMobil production drops 6%, hit by Middle East conflict
ExxonMobil reported a 6% decline in first-quarter petroleum production in an April 9, 2026, securities filing. The company attributed the drop to war-related...
Intel's Two Big Deals in One Week Look Transformative — But Can a $62 Stock Justify the Hype?
Shares surged as Intel landed a multiyear Google Cloud partnership and joined Elon Musk's Terafab chip-manufacturing venture in a single week, vaulting the...