Investors who want to start the week off on the right foot will want to stay on top of the hottest market happenings. TipRanks is here to help that endeavor with a list of the biggest market news worth reading on Monday.
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GEVX: an alternative to margin or options on GEV- Domino’s Pizza (DPZ) stock fell hard after earnings failed to beat Wall Street’s Q1 estimates.
- US Energy (USEG) stock surged on a new five-year helium supply deal.
- HawkEye 360 is considering a possible $2.4 billion IPO.
- Oruka Therapeutics (ORKA) stock surged alongside positive clinical trial data.
- The Dow Jones (DJIA) was in the red following the latest updates on the war with Iran.
- GE Vernova (GEV) stock fell despite strong demand for AI.
- The S&P 500 (SPX) was flat as investors prepared for a busy earnings week.
- Shell (SHEL) stock was down after the energy company announced an acquisition deal for ARC Resources (TSE:ARX).
- Eli Lilly (LLY) stock dipped after the pharmaceutical company revealed a $2.3 billion acquisition.
- Microsoft (MSFT) stock dropped after the tech giant terminated a revenue sharing program with OpenAI.
- POET Technologies (POET) stock plummeted after it revealed a canceled purchase order from Marvell (MRVL).
- Advanced Micro Devices (AMD) stock was down alongside bearish analyst coverage.
- Comfort Systems USA (FIX) stock was on the rise after the company increased its dividend.
- Spotify (SPOT) stock tripped after the streaming company announced a fitness partnership with Peloton (PTON).
- Bill Ackman’s Pershing Square will likely raise $5 billion from an IPO.