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At close: May 21 at 9:53 AM EDT

Nvidia closes at record high, US box office slows: Asking for a Trend

On today's episode of Asking for a Trend, host Josh Lipton delves into recession concerns, market takeaways, box office slowdowns, and more. Yahoo Finance's Julie Hyman provides insight into the yield market and what it may signal for potential recession risks. Yahoo Finance's Josh Schafer breaks down the top three market takeaways from Tuesday's trading session, including Nvidia's (NVDA) record-breaking close. Macquarie Senior Analyst Chad Beynon also joins the show to discuss the slowdown in the US box office and its implications for movie theaters. This post was written by Angel Smith

Yahoo Finance Video 3 hours ago

^DJI

^IXIC

^GSPC
Hess shareholders vote, approve $53 billion Chevron merger

Hess (HES) shareholders have ultimately given the green light for the energy giant to be acquired by Chevron (CVX). Yahoo Finance Senior Business Reporter Ines Ferré breaks down the latest on this merger and comments from Chevron after the Hess shareholders vote. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Luke Carberry Mogan.

Yahoo Finance Video 4 hours ago

CVX

HES
Cava posts Q1 results that top Street estimates

Cava Group (CAVA) posted first quarter results that topped Wall Street estimates on both the top and bottom lines. Adjusted earnings of $0.12 per share topped expectations of $0.046. Revenue of $259.0 million was better than the $245.9 million estimate.  Cava also raised its full-year comparable sales guidance to a range of +4.5% to +6.5%, up from the previous guidance of +3% to +5% and better than the +4.52% estimate. Yahoo Finance's Julie Hyman and Josh Lipton break down the company's results. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Stephanie Mikulich.

Yahoo Finance Video 5 hours ago

CAVA
Insmed stock blasts off over lung condition study results

Insmed Incorporated (INSM) stock is skyrocketing as high as 110% in Tuesday's trading following positive results in the pharmaceutical company's study into treating chronic lung condition bronchiectasis. Market Domination Hosts Julie Hyman and Josh Lipton monitor Insmed's soaring stock price as it hopes to develop a range of use cases for a multitude of diseases. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Luke Carberry Mogan.

Yahoo Finance Video 6 hours ago

INSM
GameStop stock soars as meme icon raises almost $1 billion in stock sale

Tuesday's stock action may be a sign of market froth, a strategist told Yahoo Finance.

Yahoo Finance 11 hours ago

GME

AMC
Dow Jones Futures Fall After Surging Nvidia Masks Market Weakness; Cava Slides Late

While Nvidia continued to drive the Nasdaq higher, the Dow undercut support. Hot IPO Cava fell late on earnings.

Investor's Business Daily 13 minutes ago

NVDA

COMP

^DJI
Riot Platforms, Inc. Reports Beneficial Ownership of 10% in Bitfarms Ltd.

CASTLE ROCK, Colo., May 29, 2024--Riot Platforms, Inc. ("Riot") issues this press release pursuant to Part 3 of Canadian National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues and Part 5 of Canadian National Instrument 62-104 – Take-Over Bids and Issuer Bids in respect of Bitfarms Ltd. (the "Company").

Business Wire 59 minutes ago

RIOT

BITF
Tight Budgets Come for Target

We've also got a look at the "resilient consumer" and new rules for the buy now, pay later industry.

Motley Fool 1 hour ago

CHDN

DKNG

FICO
American Airlines Slashes Outlook; Shares Tumble

American Airlines cut its second-quarter outlook and said its chief commercial officer will leave. AAL stock tumbled, while rivals fell.

Investor's Business Daily 1 hour ago

AAL

DAL

UAL
Cava Group (CAVA) Q1 2024 Earnings Call Transcript

CAVA earnings call for the period ending March 31, 2024.

Motley Fool 1 hour ago

CAVA
First Solar Stock (NASDAQ:FSLR): Cheaply Valued and Benefiting from AI

First Solar (NASDAQ:FSLR), a global solar energy solutions provider headquartered in Arizona, is a cheaply valued AI beneficiary that had been ignored by the market until recently. FSLR stock soared more than 30% between May 20 and 22 based on two pieces of news. First, UBS (NYSE:UBS) identified the company as a major winner of AI-driven electricity demand. Second, China pledged to support the solar industry by ending a price war that significantly impacted the sector’s profitability. I am bulli

TipRanks 2 hours ago

FSLR
Faraday Future Intelligent Electric Withdraws Production Outlook

Faraday Future Intelligent Electric is withdrawing its production target guidance for the year, becoming the latest electric vehicles maker to warn about the state of the market. The L.A.-based company on Tuesday said the decision, which comes less than two months after Fisker withdrew its outlook for vehicle sales of 20,000 to 22,000 this year, has been driven by current market conditions and funding levels. Faraday Future Intelligent Electric’s news come about six months after announcing it aimed to reach phase 3 EV delivery to the general market by the end of the first quarter, and three months after it said it was “prioritizing cash flow breakeven over volume to avoid scaling production too quickly.”

The Wall Street Journal 3 hours ago

FFIE

FFIEW
Faraday Future Announces Fiscal Fourth Quarter and Full Year 2023 Financial Results

LOS ANGELES, May 28, 2024--Faraday Future Intelligent Electric Inc. (Nasdaq: FFIE) ("FF", "Faraday Future", or "Company"), a California-based global shared intelligent electric mobility ecosystem company, today announced its financial results for its fourth quarter and full year ended December 31, 2023.

Business Wire 3 hours ago

FFIE

FFIEW
Insmed Announces Proposed $500 Million Public Offering of Common Stock

Insmed Incorporated (Nasdaq: INSM), a global biopharmaceutical company on a mission to transform the lives of patients with serious and rare diseases, today announced that it intends to offer and sell $500 million of shares of its common stock in an underwritten public offering. In addition, Insmed intends to grant the underwriters a 30-day option to purchase up to an additional 15% of the shares of common stock offered in the public offering. All of the shares to be sold in the offering are to

PR Newswire 3 hours ago

INSM
Hess Shareholders Give Approval to $53 Billion Merger With Chevron

Investors’ green light clears one hurdle for the tie-up to happen but a challenge by Exxon makes the final outcome uncertain.

The Wall Street Journal 3 hours ago

CVX

HES

XOM
American Airlines Cuts Outlook, Chief Commercial Officer Vasu Raja to Exit

Raja's departure comes as the airline has struggled to gain ground on its two major competitors.

Skift 4 hours ago

AAL

DAL
Cava Stock Tumbles After Earnings Beat. Consumers Pulled Back.

The fast-casual food chain’s same-store sales growth slowed even as quarterly earnings beat estimates.

Barrons.com 4 hours ago

CAVA
These 5 Artificial Intelligence (AI) Stocks Make Up 27.3% of the Entire S&P 500 Index

The benchmark S&P 500 is considered to be highly diversified, but its performance increasingly rests on a handful of technology companies.

Motley Fool 4 hours ago

^GSPC

MSFT

AMZN
NVIDIA's Explosive Earnings: Should You Buy the Stock or ETFs Now?

We discuss why NVIDIA's AI chip dominance can continue

Zacks 4 hours ago

NVDA
AMD Chair and Chief Executive Officer Dr. Lisa Su to Deliver the Opening Keynote at Computex 2024

SANTA CLARA, Calif., May 28, 2024 (GLOBE NEWSWIRE) -- AMD (NASDAQ: AMD) today announced that Chair and CEO Dr. Lisa Su will deliver the opening keynote at COMPUTEX 2024. Dr. Lisa Su will be joined by partners and customers to explore how AMD is pushing the limits of AI and high-performance computing from the data center to the edge and end-user devices. COMPUTEX 2024 is set to take place in Taipei, Taiwan from June 4-7, 2024. The AMD keynote, entitled “The future of high-performance computing in

GlobeNewswire 4 hours ago

AMD

Performance Overview

Return	PIAC	S&P 500
YTD	-31.91%	+11.24%
1-Year	-36.00%	+26.17%
3-Year	+32.06%	+26.31%

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Related News

Nvidia closes at record high, US box office slows: Asking for a Trend

Hess shareholders vote, approve $53 billion Chevron merger

Cava posts Q1 results that top Street estimates

Insmed stock blasts off over lung condition study results

GameStop stock soars as meme icon raises almost $1 billion in stock sale

Dow Jones Futures Fall After Surging Nvidia Masks Market Weakness; Cava Slides Late

Riot Platforms, Inc. Reports Beneficial Ownership of 10% in Bitfarms Ltd.

Tight Budgets Come for Target

American Airlines Slashes Outlook; Shares Tumble

Cava Group (CAVA) Q1 2024 Earnings Call Transcript

First Solar Stock (NASDAQ:FSLR): Cheaply Valued and Benefiting from AI

Faraday Future Intelligent Electric Withdraws Production Outlook

Faraday Future Announces Fiscal Fourth Quarter and Full Year 2023 Financial Results

Insmed Announces Proposed $500 Million Public Offering of Common Stock

Hess Shareholders Give Approval to $53 Billion Merger With Chevron

American Airlines Cuts Outlook, Chief Commercial Officer Vasu Raja to Exit

Cava Stock Tumbles After Earnings Beat. Consumers Pulled Back.

These 5 Artificial Intelligence (AI) Stocks Make Up 27.3% of the Entire S&P 500 Index

NVIDIA's Explosive Earnings: Should You Buy the Stock or ETFs Now?

AMD Chair and Chief Executive Officer Dr. Lisa Su to Deliver the Opening Keynote at Computex 2024

Performance Overview