Stocks
Crude Futures Jump 10% as Iran Strait Closure Worries Market
U.S. crude oil futures surged 10% this week, driven by the prolonged closure of the Strait of Hormuz and deepening concerns over...
Financial Team 496 articles
Stocks
Shimmick Reaffirms 2026 Financial Targets Amid Backlog Growth
Shimmick Corporation is maintaining its 2026 revenue forecast of $550M-$600M and adjusted EBITDA of $15M-$30M, supported by a rising backlog to $944M.
Stocks
Cotton Futures Decline on Thursday Amidst Mixed Market Signals
Cotton futures experienced a downturn on Thursday, with front-month contracts falling between 175 and 287 points. The decline coincided with a stronger...
Stocks
Research Solutions Targets Retention With $1M+ MCP Pipeline
Research Solutions (RSSS) is pursuing a $1M+ Managed Content Platform sales pipeline, prioritizing improved customer retention after Q3 fiscal 2026 saw lower-than-expected...
Stocks
Corn Futures Decline Sharply Amid Trade Uncertainty, Weak Exports
Corn futures experienced a notable downturn on Thursday, with front-month contracts falling 9 to 15 cents, influenced by scant details from the...
Stocks
Hormuz Closure Threatens Brent at $150 by Summer, Morgan Stanley Warns
Morgan Stanley strategists warn that a prolonged Strait of Hormuz closure into June could push Brent crude prices to $150 per barrel...
Stocks
StubHub Reaffirms 2026 Financial Targets Amid Margin Expansion
StubHub reiterated its 2026 outlook, projecting $9.9B-$10.1B in Gross Merchandise Sales (GMS) and $400M-$420M in adjusted EBITDA, driven by expanding margins.
Stocks
US Natural Gas Futures Climb on Heatwave Forecasts, Boosting AC Demand
Natural gas futures rose on Wednesday, driven by forecasts for above-normal US temperatures expected to significantly increase electricity demand for air conditioning.
Stocks
Longeveron Sets August 2026 ELPIS II Readout, Adopts Asset-Light Model
Longeveron (LGVN) targets an August 2026 readout for its ELPIS II study, simultaneously shifting to an asset-light partnering model under new leadership....