Articles

Taser maker Axon brushes off DOGE budget-cut worries as stock rallies

The company is playing up up its prospects for international growth and its cloud-services business

Eli Lilly to spend $27 billion to expand U.S. manufacturing with four new sites

Eli Lilly & Co.’s stock rose 1.6% Wednesday, after the drug company announced plans to expand its U.S. manufacturing sites by adding four more locations this year, along with 13,000 high-wage jobs.

Lumen’s stock got little love from Wall Street analysts. That’s now changing.

Lumen’s stock is rising after a bullish upgrade at Citi. Analysts have hesitated to recommend the telecommunications shares.

Super Micro’s stock is up 20%. Here’s what’s really behind the big rally.

An end to Super Micro’s delisting drama is welcome news for “fast money” and quantitative investors. But one analyst says institutional investors are still avoiding the stock.

AppLovin’s stock plunges as short sellers team up to stoke the bear case

The ad-tech stock is heading for a record selloff and its longest losing streak in more than two years. But it’s still up more than fivefold in the past year.

Munich Re announces buybacks even after saying it expects $1.2 billion in claims from California fires

Shares of Munich Re climbed on Wednesday after the German reinsurer stuck to its outlook, despite announcing hefty expected claims from California wildfires.

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T.J. Maxx parent sees broad sales growth as customers are buying more things

T.J. Maxx’s parent company sees every division beat expectations on a key sales metric and the stock rallies, despite a downbeat full-year outlook.

AI’s power demands spark new joint GE Vernova–NRG electricity plant project

NRG flags need for new partnerships to fuel power development.

Intuitive Machines’ stock climbs as second moon-landing mission looms

IM-2 is a “very complicated” prospecting mission that will deploy a drill, hopper and rover on the lunar surface, according to the company’s CEO.

Oil prices trade at 2025 lows on tariff fears, hopes for end to Ukraine war

Oil futures edged lower early Wednesday, maintaining a weak tone on concerns over the global economic outlook and the potential for a halt to Russia’s war on Ukraine that could result in sanctions on Moscow being loosened.

Bloomin’ Brands’ stock slides as revenue falls short for a sixth straight quarter

The parent company of Outback Steakhouse swings to a loss and offers soft guidance for 2025 amid continued pressure on fast-casual dining.
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