June 26, 2026 8:34 am
Key Moments ON Semiconductor shares fell 9.0% in pre-market trading after announcing a roughly $7 billion all-stock acquisition of Synaptics. Synaptics holders are set to receive 1.350 ON shares each, giving them about 12% of the combined company and raising dilution concerns. Analysts issued downgrades and cautious commentary, while guidance of $1.54 billion to $1.64 […]
Read moreJune 26, 2026 8:24 am
Key Moments Alibaba stock fell 4.8% on Friday to HK$90.4, after touching a 17-month low of HK$89.2. Anthropic formally alleged a large-scale AI distillation attack tied to operators linked to Alibaba’s Qwen AI lab. Alibaba filed a lawsuit against the U.S. Department of Defense to challenge its inclusion on the “Chinese Military Companies” list. Market […]
Read moreJune 25, 2026 2:02 pm
Key Moments McCormick reported second-quarter adjusted earnings of 80 cents per share, surpassing the average analyst forecast of 69 cents per share. Quarterly revenue increased 16.7% to $1.94 billion, driven by higher pricing, eat-at-home demand, and contributions from its Mexico joint venture. The company reaffirmed its full-year outlook, projecting 13% to 17% sales growth and […]
Read moreJune 25, 2026 1:49 pm
Key Moments Darden Restaurants reported fiscal Q4 2026 adjusted EPS of $3.66, slightly above the $3.63 consensus, while revenue of $3.72 billion narrowly missed the $3.73 billion estimate. Comparable sales at Olive Garden and the fine-dining segment came in below expectations, offsetting strong outperformance at LongHorn Steakhouse. Despite issuing fiscal 2027 EPS guidance above Street […]
Read moreJune 25, 2026 1:41 pm
Key Moments KKR & Co stock advanced 0.9% in pre-market trading after the firm reported second-quarter monetization income above $900 million. Q2 monetization from March 31 through June 24, 2026 is 66% higher than the company’s three-year quarterly average of $542 million and exceeds the $878 million achieved in Q1 2026. Recent strategic initiatives, including […]
Read moreJune 25, 2026 1:30 pm
Key Moments Alphabet stock is down 1.3% in pre-market trading, extending its recent decline. Several senior AI researchers, including key Gemini contributors, have left for Anthropic and OpenAI. Google pushed the launch of Gemini 3.5 Pro from June to July 2026, raising fresh concerns about its AI strategy. Pre-Market Move and Investor Sentiment Alphabet Inc. […]
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