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.
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Markets
Nebius Stock Climbs on Strong AI Demand and Upgraded Forecast
Nebius Group's shares surged Wednesday following an enhanced artificial intelligence growth outlook, driven by soaring demand for high-performance compute.
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.
Finance
Fed Data Signals Consumer Shift to Installments Amid Rising Debt
Federal Reserve data shows household debt and credit card delinquencies climbing, pushing consumers toward fixed-payment installment plans, a trend confirmed by PYMNTS...
Investing
Foresight Canada Honors Cleantech Leaders at Web Summit
Foresight Canada announced the inaugural Canadian Cleantech Awards winners at Web Summit Vancouver, recognizing key contributors to the nation's sustainable future.
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....
Economy
Wholesale Prices Jump 6%, Companies Face Pressure to Raise Consumer Costs
U.S. producer prices rose 6% from a year earlier, the largest increase since December 2022, intensifying pressure on companies to pass higher...
Markets
Global Phosphate Output Climbs to 240M Tons, China Leads Top Producers
Global phosphate rock production reached 240 million metric tons in 2024, driven by agricultural demand. China leads the top 10 producers, with...
Investing
Hedge Funds Boost META Holdings by 44% as Three Firms Exit
Recent 13F filings reveal a significant 44.34% aggregate increase in Meta Platforms Inc. (META) shares held by institutional investors, even as Williamson...
Stocks
Corn Futures See Mixed Close Amid Ethanol Production Gains
Corn futures closed with mixed results as improved ethanol production data emerged. The national average cash corn price saw a slight uptick.
Finance
SEC Enforcement Director Woodcock Reaffirms ‘Back to Basics’ Investor Protection
SEC Enforcement Director David Woodcock detailed a 'back to basics' agenda on May 13, focusing on investor protection and market integrity. He...
Stocks
Lulu’s Projects 2026 Positive Adjusted EBITDA, Outlines $2.0M-$2.5M Capex
Lulu's Fashion Lounge Holdings, Inc. anticipates achieving positive adjusted EBITDA in 2026, supported by a planned capital expenditure of $2.0M-$2.5M.