The energy logistics firm allocates $60M-$70M for maintenance and $75M-$85M for expansion following strong first-quarter results. Global Partners LP announced 2026 capital expenditures totaling $135M-$155M, split between $60M-$70M for maintenance and $75M-$85M for expansio
Intel stock jumps 13% after securing preliminary agreement to manufacture chips for Apple, marking its highest price since 2000. Intel shares climbed to an all-time high of $130.57 on May 8, 2026, following a preliminary chip manufacturing deal with Apple. The stock surged
The genomics firm reaffirmed its $78M to $80M revenue guidance for 2026 while targeting higher clinical test volumes. Personalis outlined a 2026 clinical test volume target of 43,000 to 45,000, aligning with its previously stated revenue guidance of $78M to $80M. The compa
April IPCA inflation rises near the upper bound of Brazil’s target range, complicating potential rate cuts amid energy and food price surges. Brazil’s April IPCA inflation climbed 0.9% month-over-month, pushing the year-over-year rate to around 4.5%, close to or above the
April IPCA inflation hits 0.9% MoM, nearing Brazil’s target band ceiling and raising risks of a central bank pause. Brazil’s April IPCA inflation is projected to rise 0.9% month-over-month, pushing annual inflation to around 4.5%, near or above the central bank’s target ba
Kandi Technologies must regain compliance by November 2026 or risk delisting after shares traded below $1 for 30 days. Kandi Technologies (KNDI) received a Nasdaq warning for failing to maintain a $1 minimum bid price for 30 consecutive business days. The company now has u
The Dow and S&P 500 closed higher as investors focused on a key employment report over geopolitical risks. US equities advanced Friday after the latest nonfarm payrolls report eased concerns about economic slowing. The Dow gained 0.1%, while the S&P 500 rose 0.2%, extendin
Baker Hughes data shows a modest increase in active oil and gas rigs, signaling potential production growth. The US active drilling rig count rose by 1 to 548, marking a third consecutive weekly increase. The gain reflects a slight uptick in energy sector activity amid sta
US equities close higher for a sixth straight week, driven by strong jobs data and surging semiconductor stocks. The S&P 500 and Nasdaq Composite closed at all-time highs, rising 0.85% and 1.7% respectively, as a stronger-than-expected US jobs report eased geopolitical con
AdvanSix reaffirms its 2026 capital expenditure range while targeting a final investment decision for Hopewell DEF expansion in H1 2027. AdvanSix (ASIX) confirmed its 2026 capital expenditure plan of $75M-$95M during its Q1 2026 earnings call. The company cited navigating
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