July 28, 2026 1:01 pm
Key Moments Johnson & Johnson (NYSE:JNJ) climbed 2.6% in pre-market trading after unveiling a $5.5 billion settlement to resolve about 76,000 U.S. ovarian cancer lawsuits tied to its talc products. The settlement, contingent on at least 95% claimant participation, is structured so that the first payment of up to $3 billion is not due until […]
Read moreJuly 28, 2026 12:39 pm
Key Moments NVIDIA’s five-year CDS jumped to a record 82 basis points on Monday, July 27, marking its largest intraday gain since active trading began in November 2025. NVDA shares dropped 4.99% to $196.51, erasing about $250 billion in market value, while pre-market quotes on Tuesday indicated further declines. Reports of large AI-related financing commitments […]
Read moreJuly 28, 2026 10:10 am
Key Moments Cadence Design Systems shares are up 2.7% in pre-open trading after a stronger-than-expected second-quarter 2026 report. Non-GAAP EPS of $2.11 and revenue of $1.584 billion both surpassed Wall Street estimates, with revenue growing roughly 24% year-over-year. The company increased its full-year 2026 revenue and EPS guidance and reported a record $8.1 billion backlog, […]
Read moreJuly 28, 2026 10:03 am
Key Moments Intel Corporation stock is down 3.5% in pre-market trading to $88.45, extending its post-earnings pullback. Sector sentiment is under pressure after CXMT’s roughly 466% Shanghai debut and renewed questions about AI-related capital spending and financing structures. Analyst targets for Intel remain mixed, with price objectives ranging from $84 to $125 and no clear […]
Read moreJuly 28, 2026 9:51 am
Key Moments Advanced Micro Devices Inc stock declined 3.2% in pre-open trading as the selloff in AI chipmakers continued into Tuesday. The IPO of ChangXin Memory Technologies (CXMT) in Shanghai raised roughly $9 billion and surged after launch, heightening fears of intensifying Chinese competition. AMD earnings are due August 4, and investors appear to be […]
Read moreJuly 27, 2026 2:12 pm
Key Moments Seaport Research Partners downgraded Warner Bros Discovery from Buy to Neutral due to the extended timeline for its proposed Paramount Skydance acquisition. The Paramount Skydance deal has been paused until as late as June 1, 2027, amid legal challenges from the Writers Guild and several U.S. state attorneys general. Seaport reduced its second-quarter […]
Read moreJuly 27, 2026 1:30 pm
Key Moments Delta Air Lines stock rose 2.9% in pre-market trading after a report that United Airlines CEO Scott Kirby privately approached Delta about a merger in 2025. Delta reportedly walked away from the talks after preliminary due diligence, citing what insiders viewed as almost impossible antitrust hurdles. Delta shares traded at $87.55 in pre-market […]
Read moreJuly 27, 2026 1:14 pm
Key Moments Alphabet’s free cash flow turned negative in Q2 2026 after the company increased 2026 capex guidance to $195–205B despite 17% revenue growth. Google’s core search and advertising model is facing mounting pressure from conversational AI and rival LLMs targeting its main profit engine. High-profile AI talent departures in June 2026 intensified concerns about […]
Read moreJuly 27, 2026 1:06 pm
Key Moments Jefferies upgraded Ford Motor and General Motors to Buy from Hold, citing improving U.S. auto fundamentals and stronger capital allocation. Ford’s price target was raised to $17.50 from $14.50, with Jefferies viewing the second quarter as a potential margin trough and lifting its 2026 adjusted EBIT forecast to $10.3 billion. GM’s price target […]
Read moreJuly 27, 2026 11:00 am
Key Moments Baker Hughes shares climbed 3.0% in pre-market trading after reporting second-quarter adjusted EPS of $0.64 versus expectations of $0.49. Revenue reached $6.74 billion, well above the $6.51 billion consensus, supported by record Industrial & Energy Technology orders of $7.1 billion. Management said Adjusted EBITDA topped the high end of guidance and the board […]
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