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Crude Oil Moves Higher; Walmart Shares Fall After Q1 Results

by Avi Kapoor | May 21, 2026 | General

U.S. stocks traded lower midway through trading, with the Nasdaq Composite falling around 0.3% on Thursday. The Dow traded down 0.10% to 49,957.07 while the NASDAQ dipped 0.32% to 26,185.92. The S&P 500 also fell, dropping, 0.24% to 7,415.02. Leading and Lagging...
These Analysts Increase Their Forecasts On Immunovant After Q4 Results

These Analysts Increase Their Forecasts On Immunovant After Q4 Results

by Avi Kapoor | May 21, 2026 | General

Immunovant Inc (NASDAQ:IMVT) on Wednesday posted a wider fourth‑quarter loss than analysts expected. The company reported a quarterly loss of 73 cents per share, falling short of the 60 cents consensus estimate. Research and development spending rose to $142.3 million...

Spotify Bets On Remix Economy, Audiobooks And Ads Fuel Growth

by Lekha Gupta | May 21, 2026 | General

Spotify Technology (NYSE:SPOT) shares are jumping on Thursday following upbeat commentary from Co-CEO Gustav Söderström at the company’s investor day, alongside the announcement of a new licensing deal with Universal Music Group. Investor Day Takeaways Spotify...

Wolfpack Research Alleges XMAX Runs ‘Malaysian Hustle’

by Henry Khederian | May 21, 2026 | General

Shares of XMAX Inc (NASDAQ:XMAX) are trading lower Thursday morning after short seller Wolfpack Research published a scathing report accusing the company of operating a “Malaysian hustle.” Here’s what investors need to know. XMAX shares are experiencing downward...
These Analysts Cut Their Forecasts On Intuit After Q3 Results

These Analysts Cut Their Forecasts On Intuit After Q3 Results

by Avi Kapoor | May 21, 2026 | General

Intuit Inc. (NASDAQ:INTU) posted upbeat financial results for the third quarter of fiscal 2026 on Wednesday. Intuit reported third-quarter revenue of $8.56 billion, beating analyst estimates of $8.53 billion. The QuickBooks, Credit Karma and TurboTax parent company...
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