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Dick's Sporting Goods Collaborates With Lids for In-Store Headwear Shops

Dick's Sporting Goods (DKS) entered a new partnership with Lids to open dedicated headwear shops inside DICK'S stores nationwide, the sporting goods retailer said Monday.The shops are currently live in 46 locations and will expand to more than 100 stores by late summer 2026, featuring Lids' licensed and lifestyle headwear assortment alongside branded fixtures and merchandising, Dick's Sporting Goods said.Financial details weren't provided.Price: $218.23, Change: $-2.76, Percent Change: -1.25%

$DKS

Wire9d ago

Avista Shares Fall After Data Center Talks Pause

Avista (AVA) shares were down about 2.8% in Monday trading after the company said it will take more time to evaluate energy requests from new large data center developers while seeking policy and community alignment.Negotiations concerning energy service to a potential 500 megawatt data center are now paused, the company said late Friday.The decision comes after recent community interest and concern related to Avista's memorandum of understanding with the new 500MW data center developer, according to a statement.Price: $41.18, Change: $-1.25, Percent Change: -2.95%

$AVA

Wire9d ago

Nvidia Set to Raise $25 Billion From High-Grade Bond Sale, Bloomberg Reports

$NVDA

Wire9d ago

Market Chatter: Centene to Offer Most Employee Buyouts After Membership Slump

Centene (CNC) will offer buyouts to most employees to reduce costs after a slump in health-plan membership in the past year, Bloomberg reported Monday, citing a company spokesperson.The company had 61,000 employees in Q1, and layoffs may follow if voluntary separation targets are not met, the report said.Centene didn't specify the target for the workforce cuts, the report said.Centene did not immediately respond to a request for comment from.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $63.13, Change: $-2.06, Percent Change: -3.16%

$CNC

Wire9d ago

Credicorp Shares Lower After JPMorgan Downgrade

Credicorp (BAP) shares were over 1% lower in Monday trading after JPMorgan downgraded the stock to neutral from overweight.Trading volume stood at more than 381,000 shares, compared with a daily average of about 468,000.Price: $364.26, Change: $-5.29, Percent Change: -1.43%

$BAP

Wire9d ago

Rocket Lab Shares Rise After Upgrade From KeyBanc

Rocket Lab (RKLB) shares were up 6.8% in Monday afternoon trading after KeyBanc upgraded the company's stock to overweight from sector-weight.Trading volume stood at over 22.3 million shares against a daily average of around 26.6 million.Price: $109.36, Change: $+6.97, Percent Change: +6.81%

$RKLB

Wire9d ago

Update: US Labor Board Rejects Amazon Appeal of Whole Foods Unionization

(Updates with Whole Foods' response to a request for comment in the last paragraph.)The request by Amazon's (AMZN) Whole Foods for a review of the January 2025 vote by workers at a Philadelphia store location to unionize was denied Monday by the US National Labor Relations Board."The Employer's Request for Review of the Regional Director's Decision and Certification of Representative is denied as it raises no substantial issues warranting review," the NLRB said. "The Employer's request for extraordinary relief is denied as moot.""We strongly disagree with the Board's conclusion," a Whole Foods spokesperson told. "As previously stated, and as demonstrated throughout last year's hearing-including with first-hand testimony from various witnesses-restrictions on free speech and the union's illegal conduct interfered with our Team Members' right to a fair vote at our Philly Center City Store."Price: $246.21, Change: $+7.66, Percent Change: +3.21%

$AMZN

Wire9d ago

Top Midday Decliners

Elicio Therapeutics (ELTX) said Monday its Phase 2 clinical study evaluating the experimental pancreatic cancer therapy ELI-002 7p failed to meet the pre-specified primary endpoint of disease-free survival.Shares sank 72% after a surge in intraday trading volume to over 7.10 million from a daily average of about 131,000.Comtech Telecommunications (CMTL) agreed to sell most of its Satellite and Space Communications segment to Gilat Satellite Networks (GILT) for $157.5 million, the companies said in separate statements Monday.Shares of Comtech Telecommunications plummeted 43% as intraday trading volume climbed to more than 3.72 million, versus a daily average of about 297,000.Fox (FOX, FOXA) agreed to acquire Roku (ROKU) in a cash-and-stock deal that values the TV streaming platform at about $22 billion, creating a media and technology entity with one of the largest streaming businesses in the US.Fox shares dropped 16%, with intraday trading volume rising to more than 4.48 million from the stock's daily average of about 1.33 million.Price: $4.09, Change: $-10.77, Percent Change: -72.49%

$CMTL$ELTX$FOX$FOXA$GILT

Wire9d ago

Top Midday Gainers

Cuprina (CUPR) said Monday its subsidiary Cuprina Pte Ltd. obtained 510(k) clearance from the US Food and Drug Administration for its Medifly Maggots product that uses Lucilia cuprina larvae in maggot debridement therapy.Shares of the parent company soared 121% as intraday trading volume catapulted to over 44.1 million from a daily average of about 1.6 million.Seagate Technology (STX) and Western Digital (WDC) are expected to benefit from strengthening demand for hard disk drives, Morgan Stanley said in a note Monday.Morgan Stanley adjusted its price target for Western Digital's shares to $650 from $488 while maintaining the stock's overweight rating. The investment bank adjusted Seagate's price objective to $1,035 from $767 while keeping its overweight rating.Shares of Western Digital climbed 15%, with intraday trading volume climbing to over 6.4 million from a daily average of roughly 7.7 million.Shares of Seagate jumped 7% following an increase in intraday trading volume to over 3.4 million from a daily average of about 3.9 million.Micron Technology (MU) has room for its memory-chip upcycle to continue for another five to six quarters, supported by stronger pricing, robust generative AI demand, and limited industry supply growth, RBC Capital Markets said.Shares of Micron advanced 10% as intraday trading volume rose to over 27.6 million from a daily average of about 51.1 million.Price: $8.79, Change: $+4.82, Percent Change: +121.41%

$CUPR$MU$STX$WDC

Wire9d ago

Mizuho Securities Lifts Price Target on Amgen to $303 From $295, Keeps Outperform Rating

Amgen (AMGN) has an average rating of overweight and mean price target of $356.59, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $352.73, Change: $-2.47, Percent Change: -0.70%

$AMGN

Wire9d ago

DA Davidson Raises TripAdvisor Price Target to $15.50 From $10.50, Neutral Rating Kept

TripAdvisor (TRIP) has an average rating of hold and mean price target of $12.67, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $13.15, Change: $+0.73, Percent Change: +5.92%

$TRIP

Wire9d ago

Market Chatter: Microsoft Xbox Plans to Shut Down Compulsion Games

Microsoft (MSFT) gaming studio Compulsion Games, part of its Xbox Game Studios unit, is planning to shut down, video game news website Kotaku reported Monday, citing a source familiar with the matter.Kotaku said it was unclear how many employees would be affected, though multiple staff members have recently posted online that they are seeking work.Compulsion developed titles including South of Midnight and We Happy Few. The reported shutdown comes amid broader restructuring within Microsoft's gaming division and follows reports of expected layoffs. Studio leadership is currently in negotiations with Microsoft over the studio's fate.The studio's South of Midnight has received industry recognition, including a Peabody Award earlier this year.Xbox did not immediately respond to' request for comment.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $399.85, Change: $+9.11, Percent Change: +2.33%

$MSFT

Wire9d ago

Market Chatter: Microsoft Sued by Shareholders Over Azure Growth, AI Costs

Microsoft (MSFT) faces a proposed class action lawsuit filed by shareholders alleging the company failed to disclose slowing Azure cloud growth and rising AI infrastructure costs, Reuters reported Monday.Microsoft shares fell 10% on Jan. 29 following the company's fiscal Q2 report that showed Azure revenue growth slowed to 39% from 40% in the prior quarter, while capital expenditures rose nearly 66% year over year to $37.5 billion in the quarter, the report said. The stock's decline erased roughly $357 billion of market value, Reuters said.The complaint, filed Friday in Seattle federal court, is led by the City of St. Clair Shores Police and Fire Retirement System in Michigan, while defendants include Chief Executive Satya Nadella and Chief Financial Officer Amy Hood, the report said.Microsoft did not immediately respond to a request for comment from.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $399.40, Change: $+8.65, Percent Change: +2.22%

$MSFT

Wire9d ago

Netflix, IHeartMedia Expand Video Podcast Partnership

Netflix (NFLX) and iHeartMedia (IHRT) said Monday that the next phase of their exclusive video podcast partnership includes a new collection of iHeartPodcasts launching as video shows on Netflix.The shows joining the existing lineup on Netflix include the new "Suite 305 with Lele Pons," "The Martha Stewart Podcast," and "Sibling Revelry with Kate Hudson and Oliver Hudson," according to a statement.The latest podcasts will roll out on Netflix in the coming months, with iHeartMedia retaining all audio-only rights and distribution for the shows included in the deal, the companies said.Price: $81.38, Change: $+1.04, Percent Change: +1.29%

$IHRT$NFLX

Wire9d ago

CMS Proposes Permanent Framework for Medicare Drug Price Negotiation Program

The Centers for Medicare & Medicaid Services on Friday proposed a rule to establish a permanent regulatory framework for the Medicare Drug Price Negotiation Program beginning with the 2029 price applicability year, transitioning from implementation through annual guidance to codified regulations.The proposal would govern future negotiations and renegotiations for high-cost, single-source drugs covered under Medicare Part D and Part B. CMS said it will select up to 20 additional negotiation-eligible drugs for the fourth cycle of negotiations and future cycles of the program.The rule also proposes a temporary pricing floor for certain small biotech drugs in 2029 and 2030.CMS said it has negotiated prices for 25 high-expenditure drugs during the program's first two years. Maximum fair prices for the first 10 selected drugs took effect Jan. 1, 2026.Price: $236.56, Change: $-4.31, Percent Change: -1.79%

$ABBV$JNJ$LLY$MRK$NVO

Wire9d ago

Salesforce's $3.6 Billion Fin Acquisition Strengthens AI Strategy, Wedbush Says

Salesforce's (CRM) planned $3.6 billion acquisition of AI agent platform Fin strengthens its AI strategy by adding advanced customer-service AI capabilities, a specialized AI team and more than 30,000 customers, Wedbush said in a report Monday.The deal also enhances Saleforce's Agentforce platform by providing new ways to deploy AI agents across customer-service operations, the report said.Fin's proprietary AI model, Apex, complements Salesforce's CRM offerings by enabling enterprises to resolve complex customer queries end-to-end, with its AI agents resolving about 76% of such requests, the analysts said.The acquisition also underscores Salesforce's increasingly "aggressive" use of M&A to expand its AI and data capabilities. With roughly $12 billion on the balance sheet and three acquisitions valued at more than $1 billion completed over the past year, the company is continuing to build out its AI ecosystem to meet growing enterprise demand for agentic AI solutions, the Wedbush analysts said.Wedbush maintained an outperform rating and $325 price target on Salesforce shares.Price: $168.13, Change: $+2.24, Percent Change: +1.35%

$CRM

Wire9d ago

Meta Platforms Brings AI-Powered Search, Editing Features to Facebook

Meta Platforms Inc. (META) is adding new AI-powered search and creative tools to Facebook, including a feature called AI Mode that helps users find answers based on public posts across Meta's apps such as Groups and Reels.The company is also introducing new photo and video editing features, including collage templates and tools that automatically create smooth, stylized video montages from recent camera-roll clips. Meta is adding AI-driven photo presets as well, allowing users to change clothing, hair, and accessories.All editing suggestions remain opt-in and can be turned off at any time, the company said Monday on its website.Price: $598.44, Change: $+31.46, Percent Change: +5.55%

$META

Wire9d ago

Update: Wedbush Raises Price Target on Spyre Therapeutics to $100 From $80 on Positive SPY002 Results, Maintains Outperform Rating

(Updated to include Wedbush commentary)Wedbush increased Spyre Therapeutics' (SYRE) price target to $100 from $80 after the company released first clinical efficacy results for SPY002 for induction in ulcerative colitis patients.The top-line results appear in-line with other members of the class, highlighting that the drug could work well in combination therapies, analysts led by David Nierengarten wrote in a Monday note.Spyre Therapeutics has an average rating of buy and mean price target of $96.07, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $81.70, Change: $+0.91, Percent Change: +1.13%

$SYRE

Wire9d ago

Two Harbors 'Only Pretending' to Engage With UWM Over Proposed Takeover, UWM Says

UWM Holdings (UWMC) said Monday that the board of Two Harbors Investment (TWO) has only been "pretending" to engage over its proposed takeover offer to convince shareholders their only option is to accept an "inferior" deal with CrossCountry Mortgage.Two Harbors last week postponed a special shareholder meeting on the CrossCountry Mortgage transaction to June 23 to allow for more engagement with UWM. UWM said, however, that Two Harbors has "mischaracterized" those discussions and imposed "arbitrary" restrictions on UWM's negotiation.UWM said it remains open to engage with Two Harbors in "good-faith" discussions.Two Harbors said Monday that UWM did not submit a new proposal during the waiver period which ended on Friday and that it was reaffirming its recommendation that stockholders vote for the CrossCountry Mortgage acquisition.UWM was 3% higher in Monday trading, while Two Harbors was 0.9% lower.Price: $2.45, Change: $+0.07, Percent Change: +2.73%

$TWO$UWMC

Wire9d ago

Hongli Group to Explore Battery, Energy Storage Collaboration With Sidus Energy Storage

Hongli Group (HLP) signed a non-binding memorandum of understanding to explore a potential strategic manufacturing collaboration on advanced battery and energy storage products with Sidus Energy Storage, according to a Monday statement.Under the MoU, Hongli will contribute its production capabilities and Sidus will provide its IBM-licensed battery technology and commercial pipelines for the collaboration, Hongli said. The companies plan to assess product development, automated production feasibility, capacity planning, and supply chain localization, Hongli added.No financial terms were disclosed. Hongli said the proposed collaboration is part of its clean energy evaluation, but noted that there is no guarantee over any definitive deals or business outcome from the collaboration.Shares of Hongli Group were up more than 3% around midday Monday.Price: $0.53, Change: $+0.03, Percent Change: +5.00%

$HLP

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