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Keweenaw Land Association, Limited (KEWL)

27.40

-0.92

(-3.25%)

At close: May 14 at 2:58 PM EDT

Musk's xAI negotiates Oracle cloud server rental: Reports

Shares of Oracle (ORCL) are trading higher on Tuesday following a report hinting at a potential deal with Elon Musk's artificial intelligence venture. According to The Information, Musk's AI startup, xAI, is reportedly engaged in talks with the tech giant to rent cloud servers over a period of years in a deal worth a staggering $10 billion. Yahoo Finance's Josh Lipton and Julie Hyman break down the details. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Angel Smith

Yahoo Finance Video 5 hours ago

ORCL
Dow Jones Futures: Stock Market Near Highs Ahead Of CPI Inflation; GameStop Keeps Rising Late

The stock market rally is near record highs with several stocks flashing buy signals ahead of CPI inflation data.

Investor's Business Daily 25 minutes ago

^DJI

NVDA

^GSPC
UPDATE 2-Trump's Boeing 757 clipped corporate jet at West Palm Beach airport - source

Former U.S. President Donald Trump's private Boeing 757 clipped another corporate jet while taxiing at West Palm Beach International Airport in Florida on Sunday, a source familiar with the incident said on Tuesday. The Federal Aviation Administration said in a statement that a privately owned 757 contacted a parked and unoccupied corporate jet at the south Florida airport. The FAA statement did not identify the plane as belonging to Trump.

Reuters 1 hour ago

BA
NYCB to Sell $5 Billion of Loans to JPMorgan to Free Up Cash

(Bloomberg) -- New York Community Bancorp, disposing of assets and freeing up cash after its rescue by investors, agreed to sell about $5 billion of loans to JPMorgan Chase & Co.Most Read from BloombergTrump Vows ‘Day One’ Executive Order Targeting Offshore WindBiden Accuses China of ‘Cheating’ on Trade, Imposes New TariffsFlood of China Used Cooking Oil Spurs Call to Hike US LeviesHow One of the World's Oldest Hedge Funds Went BankruptMacron Puts French Banks in Play With Plan to Transform Euro

Bloomberg 2 hours ago

NYCB
UPDATE 1-US Senate confirms transportation safety board chair to new term

The U.S. Senate Commerce Committee on Tuesday confirmed the nomination of Jennifer Homendy by voice vote to serve a new term as chair of the National Transportation Safety Board. Homendy, who was renominated by President Joe Biden in March, was the on-scene board member for the March 26 Baltimore bridge collapse and the Jan. 5 Alaska Airlines Boeing 737 MAX 9 mid-air emergency prompted by a door panel blowout.

Reuters 2 hours ago

BA
NYCB to sell nearly $5 billion of mortgage warehouse loans to JPMorgan

The deal bolsters NYCB's liquidity and capital as it executes a crucial turnaround to return to profitability over the next two years. NYCB expects the transaction will add 65 basis points to its CET1 capital ratio and bolster its liquidity profile as the proceeds of the sale will be reinvested into cash and securities, it said. The sale of its loans comes after NYCB promised to shrink its balance sheet by reducing non-core assets.

Reuters 2 hours ago

NYCB
UPDATE 1-NYCB to sell nearly $5 bln of mortgage warehouse loans to JPMorgan

Embattled regional lender New York Community Bancorp said on Tuesday it has agreed to sell about $5 billion in mortgage warehouse loans to JPMorgan Chase . The deal bolsters NYCB's liquidity and capital as it executes a crucial turnaround to return to profitability over the next two years. NYCB expects the transaction will add 65 basis points to its CET1 capital ratio and bolster its liquidity profile as the proceeds of the sale will be reinvested into cash and securities, it said.

Reuters 2 hours ago

NYCB
UPDATE 2-US says Boeing breached 2021 737 MAX criminal prosecution deal

The U.S. Justice Department said on Tuesday that Boeing Co had breached its obligations in a 2021 agreement that shielded the planemaker from criminal prosecution over fatal 737 MAX crashes in 2018 and 2019 that killed 346 people. The Justice Department said in a court filing in Texas that the U.S. planemaker had failed to "design, implement, and enforce a compliance and ethics program to prevent and detect violations of the U.S. fraud laws throughout its operations." Justice Department officials made the finding in the wake of a separate January in-flight blowout that exposed continuing safety and quality issues at Boeing.

Reuters 3 hours ago

BA
Justice Department says Boeing violated deal that avoided prosecution after 737 Max crashes

Boeing has violated a settlement that allowed the company to avoid criminal prosecution after two deadly crashes involving its 737 Max aircraft more than five years ago, the Justice Department told a federal judge on Tuesday. It is now up to the Justice Department to decide whether to file charges against Boeing. Boeing reached a $2.5 billion settlement with the Justice Department in January 2021 to avoid prosecution on a single charge of fraud — misleading federal regulators who approved the plane.

Associated Press Finance 3 hours ago

BA
Boeing Violated Criminal Settlement After 737 MAX Crashes, Justice Department Says

The U.S. government could seek to extend a probationary period for the plane maker or prosecute it for earlier misconduct.

The Wall Street Journal 43 minutes ago

BA
NEW YORK COMMUNITY BANCORP, INC. AGREES TO SELL APPROXIMATELY $5 BILLION IN WAREHOUSE LOANS TO JPMORGAN CHASE BANK, N.A.

New York Community Bancorp, Inc. (NYSE: NYCB) (the "Company"), the parent company of Flagstar Bank, N.A. (the "Bank") announced today that it has agreed to sell approximately $5 billion in mortgage warehouse loans to JPMorgan Chase Bank, N.A. ("JPMC").

PR Newswire 3 hours ago

NYCB

NYCB-PA
US says Boeing breached 2021 737 MAX criminal prosecution deal

(Reuters) -The U.S. Justice Department said on Tuesday that Boeing Co had breached its obligations in a 2021 agreement that shielded the planemaker from criminal prosecution over fatal 737 MAX crashes in 2018 and 2019 that killed 346 people. The Justice Department said in a court filing in Texas that the U.S. planemaker had failed to "design, implement, and enforce a compliance and ethics program to prevent and detect violations of the U.S. fraud laws throughout its operations." Justice Department officials made the finding in the wake of a separate January in-flight blowout that exposed continuing safety and quality issues at Boeing.

Reuters 3 hours ago

BA
DLocal (DLO) Lags Q1 Earnings and Revenue Estimates

DLocal (DLO) delivered earnings and revenue surprises of -36.36% and 5.54%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?

Zacks 3 hours ago

DLO
US says Boeing breached 2021 deferred prosecution 737 MAX agreement

The U.S. Justice Department said late on Tuesday that Boeing Co had breached its obligations in a 2021 agreement that shielded the planemaker from criminal prosecution over fatal 737 MAX crashes in 2018 and 2019. The Justice Department said in a court filing in Texas that Boeing had failed to "design, implement, and enforce a compliance and ethics program to prevent and detect violations of the U.S. fraud laws throughout its operations." The Justice Department said Boeing is subject to prosecution, but the government is determining how it will proceed in this matter.

Reuters 3 hours ago

BA
EV startup Canoo posts larger-than-expected loss in first quarter

Slowing demand in the United States and stiff competition from Chinese EV makers in the world's largest auto market has hit demand for companies including Canoo. That has forced several startups to shut shop as investors have also grown cautious, making it difficult to raise more funds. EV startup Fisker had raised going concern doubts in February, followed by the delisting of its stock from the New York Stock exchange and the collapse of talks with a large automaker for a potential deal in March.

Reuters 3 hours ago

GOEVW
Nu Holdings Ltd. (NU) Q1 Earnings Match Estimates

Nu (NU) delivered earnings and revenue surprises of 0% and 5.92%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?

Zacks 4 hours ago

NU
Nextracker (NXT) Tops Q4 Earnings and Revenue Estimates

Nextracker (NXT) delivered earnings and revenue surprises of 62.71% and 8.15%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?

Zacks 4 hours ago

NXT
NORTHWEST HEALTHCARE PROPERTIES REAL ESTATE INVESTMENT TRUST ANNOUNCES FIRST QUARTER 2024 RESULTS

Northwest Healthcare Properties Real Estate Investment Trust (the "REIT" or "Northwest") (TSX: NWH.UN), a leading owner and operator of healthcare real estate infrastructure in North America, Brazil, Europe and Australasia, announces results for the three months ended March 31, 2024 ("Q1 2024").

CNW Group 4 hours ago

NWHUF
SunPower Stock Jumped 105%, Leading Residential Solar Energy Stocks

A short squeeze has hit the residential solar industry.

Motley Fool 4 hours ago

SPWR
UPDATE 1-Net income for Uruguayan fintech dLocal down by half in first quarter

Uruguayan digital payments company dLocal on Tuesday reported its first quarter net income slid by 50.1% compared with the same period last year to total $17.7 million, the firm announced in a statement. The fintech said revenues for the first three months of the year rose by 34% to reach $184 million, just below the nearly $190 million forecast by analysts polled by LSEG. The Montevideo-based company operates across most of Latin America as well as parts of Africa and Asia for clients such as Google and Amazon.

Reuters 5 hours ago

DLO

Performance Overview

Return	KEWL	S&P 500
YTD	+14.17%	+10.00%
1-Year	+21.78%	+27.22%
3-Year	+147.16%	+27.58%

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Related News

Musk's xAI negotiates Oracle cloud server rental: Reports

Dow Jones Futures: Stock Market Near Highs Ahead Of CPI Inflation; GameStop Keeps Rising Late

UPDATE 2-Trump's Boeing 757 clipped corporate jet at West Palm Beach airport - source

NYCB to Sell $5 Billion of Loans to JPMorgan to Free Up Cash

UPDATE 1-US Senate confirms transportation safety board chair to new term

NYCB to sell nearly $5 billion of mortgage warehouse loans to JPMorgan

UPDATE 1-NYCB to sell nearly $5 bln of mortgage warehouse loans to JPMorgan

UPDATE 2-US says Boeing breached 2021 737 MAX criminal prosecution deal

Justice Department says Boeing violated deal that avoided prosecution after 737 Max crashes

Boeing Violated Criminal Settlement After 737 MAX Crashes, Justice Department Says

NEW YORK COMMUNITY BANCORP, INC. AGREES TO SELL APPROXIMATELY $5 BILLION IN WAREHOUSE LOANS TO JPMORGAN CHASE BANK, N.A.

US says Boeing breached 2021 737 MAX criminal prosecution deal

DLocal (DLO) Lags Q1 Earnings and Revenue Estimates

US says Boeing breached 2021 deferred prosecution 737 MAX agreement

EV startup Canoo posts larger-than-expected loss in first quarter

Nu Holdings Ltd. (NU) Q1 Earnings Match Estimates

Nextracker (NXT) Tops Q4 Earnings and Revenue Estimates

NORTHWEST HEALTHCARE PROPERTIES REAL ESTATE INVESTMENT TRUST ANNOUNCES FIRST QUARTER 2024 RESULTS

SunPower Stock Jumped 105%, Leading Residential Solar Energy Stocks

UPDATE 1-Net income for Uruguayan fintech dLocal down by half in first quarter

Performance Overview