June 4, 2026 8:45 am
Key Moments Meta Platforms Inc (NASDAQ: META) has pushed back the developer release of its newest AI model several times and has not set a new launch date, according to the Wall Street Journal. The delay has extended to nearly two months since Meta’s AI head told developers the model would be available “soon,” the […]
Read moreJune 4, 2026 8:37 am
Key Moments Foxconn announced a collaboration with Intel to design and deploy next-generation AI infrastructure and intelligent computing platforms. The partnership will focus on AI data center hardware, including systems powered by Intel Xeon processors and AI accelerator chips, as well as cooling and energy efficiency solutions. The companies also plan to develop AI systems […]
Read moreMay 29, 2026 10:14 am
Key Moments Gap shares fell 15%, while American Eagle dropped 10% in premarket trading after weak full-year guidance. Gap cut its annual sales outlook. Meanwhile, American Eagle warned of lower gross margins this quarter. Both retailers reported weaker demand in women’s seasonal categories. This hit Gap’s Old Navy and American Eagle’s core brand. Retail Stocks […]
Read moreMay 29, 2026 9:52 am
Key Moments Dell Technologies’ premarket share price jumped nearly 40%, driven by strong demand for its Nvidia-powered AI servers. The company lifted its full-year revenue outlook to a range of $165 billion to $169 billion and projected about $60 billion in AI server revenue for fiscal 2027. First-quarter revenue climbed 88% to $43.84 billion, significantly […]
Read moreMay 29, 2026 7:35 am
Key Moments The S&P 500 and Nasdaq finished at record closing highs after reports of a draft U.S.-Iran ceasefire extension agreement. April U.S. inflation rose at its fastest pace in three years, while first-quarter GDP growth was revised down to a 1.6% annualized rate. AI-focused and tech names, including Snowflake, Microsoft, and Marvell Technology, led […]
Read moreMay 28, 2026 1:46 pm
Key Moments Dollar Tree shares jumped +19.3% in pre-market trading after the company reported first-quarter adjusted diluted EPS of $1.74, 12.6% above consensus estimates of $1.55. The retailer lifted its full fiscal year 2026 adjusted diluted EPS forecast to $6.70-$7.10 and projected net sales from continuing operations of $20.5 billion-$20.7 billion. Dollar Tree repurchased 5.5 […]
Read moreMay 28, 2026 1:35 pm
Key Moments Best Buy Co Inc (NYSE:BBY) jumped +10.4% in pre-market trading after reporting fiscal first-quarter earnings and revenue that exceeded analyst expectations. Comparable sales increased 2.0%, adjusted diluted EPS rose 11% to $1.28, and the company reaffirmed its FY27 adjusted diluted EPS guidance of $6.30 to $6.60. Management highlighted strong early Q2 trends, with […]
Read moreMay 28, 2026 12:51 pm
Key Moments Bath & Body Works Inc. (NYSE: BBWI) delivered a Q1 2026 “double beat” and reaffirmed full-year guidance despite another year-over-year sales decline. In-store revenue of $1.1 billion in the United States and Canada fell 4.3% year over year, while online sales of $246 million were down about 1.5%. The new Amazon.com Inc. (NASDAQ: […]
Read moreMay 28, 2026 9:34 am
Key Moments General Motors LLC is recalling 2,785 trucks following identification of a defect in roof rail airbag inflators. The action covers specific Chevrolet Silverado and GMC Sierra 1500, 2500, and 3500 model-year vehicles. Dealers are set to replace both roof rail airbag modules at no cost to affected vehicle owners. Scope of the Recall […]
Read moreMay 28, 2026 9:04 am
Key Moments KKR & Co plans to open a Milan office as it expands its Italian operations following major telecom and energy investments. A KKR-led consortium acquired Telecom Italia’s fixed-line network for €19 billion ($22 billion) over the past two years. The Milan office will oversee private equity, real assets, credit, insurance, and private wealth […]
Read more