Celestica (CLS) just erased nearly $10 billion in market value in a single day, sending shares down about 16% after earnings. On the surface, this reaction seems confusing as the company beat first-quarter expectations, raised its full-year outlook, and delivered guidance that came in ahead of Wall Street estimates for the second quarter. The stock
SoFi Technologies enters its next earnings report with something many fintech companies would like to have: a clear growth story, improving profitability and a larger base of customers using more of its financial products. That strong setup also creates a tougher bar for the company when it reports first-quarter results on Wednesday, April 29. SoFi
Marcus Lemonis has never been a quiet operator. Since taking over as CEO of Bed Bath & Beyond on Jan. 1, he has been on a buying spree, snapping up struggling home brands and piecing them together into something far bigger than a housewares retailer. The question investors are asking: Is this a visionary reinvention,
SanDisk has been one of the most extraordinary stock stories of 2026. Up nearly 295% year to date, the memory chip company has ridden a NAND pricing supercycle into territory that would have seemed impossible a year ago. Now Morgan Stanley has reset its forecast on SanDisk in a way that says the firm believes
The next arms race is not playing out in submarines or stealth jets. It is happening in the sky above your local stadium. And the weapons at the center of it cost less than a used car. Drones have moved from a military curiosity to a mainstream security threat faster than governments could write rules
Nobody announced a sweeping retirement overhaul. There was no single bill that changed everything overnight. But piece by piece, the policy landscape for American retirees is shifting in ways that will matter for years to come. Some of the changes help. Others carry risks that have not yet fully shown up in retirement accounts. And
Toward the end of the week that ended on April 25, I covered a piece on Lockheed Martin CEO Jim Taiclet, calling the current defense environment a “golden opportunity,” and a rare moment of unguarded enthusiasm from the leader of the world’s largest defense contractor. The market, apparently, needed more convincing. Lockheed Martin (LMT) shares
Exxon Mobil is possibly making one of the biggest moves of 2026. The oil giant is in talks to sell its Hong Kong fuel-station networkin a deal that could fetch$500 million to $600 million, according to a Reuters report. Exxon has hired a financial adviser, and four to five bidders are potentially reviewing the assets.
AT&T has been rapidly revamping its wireless offerings as it struggles to keep customers from switching to growing competitors. After months of facing elevated churn in its wireless business, the carrier is betting big on its latest strategy to reverse this trend. In the first quarter of 2026, AT&T’s postpaid phone churn, the percentage of
Cathie Wood, head of Ark Investment Management, often takes advantage of market swings. That’s what she just did, selling shares of a semiconductor stock after it jumped 25% in a week. Last year, Wood’s flagship Ark Innovation ETF (ARKK) gained 35.49%, far outpacing the S&P 500’s return of 17.88% in the same period. But the