Earnings
Target reported its strongest comparable-sales growth in more than a year, raised its full-year sales outlook, and showed renewed traffic growth as digital expansion and merchandising improvements helped reverse a prolonged slowdown.
Earnings
Lowe’s delivered another quarter of positive comparable-sales growth as strength in professional contractors, appliances, and online demand helped counter continued weakness in discretionary home-improvement spending.
Earnings
Home Depot’s latest earnings report showed stable consumer demand and stronger online sales, but elevated mortgage rates and housing affordability pressures continued weighing on larger home-improvement projects and overall profitability.
Innovation & Tech
Baidu (BIDU) rose after first-quarter earnings showed accelerating demand for its AI cloud and autonomous driving businesses, helping offset continued weakness in traditional online advertising revenue.
Sector
NextEra Energy (NEE) agreed to acquire Dominion Energy (D) in a nearly $67 billion all-stock deal, creating the world’s largest regulated electric utility as surging AI-driven electricity demand reshapes the power sector.
Earnings
Boot Barn (BOOT) delivered stronger-than-expected quarterly sales as new store openings, steady same-store sales growth, and continued demand for western and workwear apparel helped offset concerns around expansion costs and consumer spending trends.
Innovation & Tech
Cerebras Systems (CBRS) surged in its Nasdaq debut after one of the largest U.S. tech IPOs in years, as investors rushed into the artificial intelligence infrastructure trade and embraced the company’s positioning as a challenger to Nvidia in AI inference computing.
Earnings
Cisco Systems (CSCO) surged after the networking giant raised its AI infrastructure outlook, issued stronger-than-expected guidance, and unveiled a restructuring plan aimed at accelerating its push into artificial intelligence markets.
Earnings
Ondas Holdings (ONDS) rallied after the autonomous drone and defense technology company reported first-quarter revenue that topped expectations and raised its full-year outlook as backlog growth accelerated following recent acquisitions.
Earnings
Nextpower (NXT) shares surged after the solar technology company reported stronger-than-expected quarterly results, raised its fiscal 2027 revenue outlook, and expanded into power conversion and data center infrastructure through a new acquisition.
Earnings
On Holding (ONON) fell despite reporting record quarterly sales, expanding margins, and strong global demand as investors focused on cautious revenue guidance and broader concerns around consumer spending and competition.
Earnings
Sea (SE) jumped after first-quarter revenue growth accelerated across Shopee, Garena, and Monee, helping offset an earnings miss as investors focused on rising transaction activity and expanding user monetization.