Stocks
Single names, sectors, valuations and the trades behind the tape, explained in plain language.
Alpha Exploration Extends Copper-Gold Targets in Eritrea with Shallow Drilling
Alpha Exploration reports shallow RAB drilling at its Anagulu copper-gold project in Eritrea has outlined a new one-kilometer Nightjar zone
EMP Metals Receives Final Equipment for Saskatchewan Lithium Plant, Shares Jump 10%
EMP Metals has received all major process equipment for its Project Aurora lithium demonstration plant in Saskatchewan. The milestone reduce
Wendy's Stock Surges 28.5% as Retail Traders Trigger Volatility Halts
Wendy's stock surged 28.5% on Wednesday as retail traders piled into the heavily shorted shares, triggering multiple volatility halts. With
Qualcomm's $4B Modular Deal, Churchill SPAC Merger, and Prologis's £12.6B Segro Bid Dominate M&A
Qualcomm's $4B all-stock Modular acquisition, Churchill Capital's $2.5B SPAC merger with Agility Robotics, and Prologis's public £12.6B bid
FedEx Core Delivery Margin Slips to 7.7% After Freight Spinoff, Adding Uncertainty
FedEx's core delivery margin slipped to 7.7% in Q4 after spinning off its high-margin Freight unit. A shift to calendar-year reporting adds
Prime Day First-Day Online Sales Jump 5.3% to $8.3 Billion, Adobe Says
Amazon's Prime Day kicked off with a 5.3% increase in first-day online sales to $8.3 billion, according to Adobe Analytics. Discounts remain
SpaceX Short Interest Jumps to 13% as Stock Slides 30% From Peak
Short interest in SpaceX has surged to 13% from 8% as the stock drops about 30% from its post-debut high. The setup could lead to volatile t
Wendy's Stock Surges 20% as Retail Traders Target Heavily Shorted Shares
Wendy's stock surged more than 20% in premarket trading Wednesday as retail traders swarmed the heavily shorted fast-food chain. With short
BofA Slashes Telecom Plus Target by 57% After Profit Warning, Sees Long Wait for Margin Recovery
Bank of America slashed its price target on Telecom Plus by more than half after the company warned fiscal 2027 profit will drop sharply. Th
Apple Supplier Lingyi iTech Prices $1.06B Hong Kong IPO, Targets AI Manufacturing
Apple supplier Lingyi iTech has set its Hong Kong IPO at HK$10.18 per share, aiming to raise $1.06 billion. The company plans to invest heav
India's Enforcement Directorate Alleges Rajesh Exports Hid 30 Billion Rupees in FX Violations
India's Enforcement Directorate alleges Rajesh Exports violated foreign-exchange rules, with missing records and 30 billion rupees in cross-
Berenberg Boosts Mitie Price Target on £16.3 Billion Order Book
Berenberg has lifted its price target for Mitie to £2.30, arguing the market is mispricing the company's growth engine. The bank points to a