ADVFN US – Market Content Editor

Dick’s Sporting Goods (NYSE:DKS) announced on Thursday that it will acquire Foot Locker (NYSE:FL) in a $2.4 billion all-cash deal, a move aimed at bolstering its position in the athletic footwear market during a period of soft consumer demand and growing trade tensions. The $24-per-share offer represents an 86% premium over Foot Locker’s last closing…

Darling Ingredients Inc. (NYSE:DAR) saw its stock fall by as much as 9% on concerns surrounding potential changes to U.S. biofuel blending regulations, before trimming losses to trade around 6.7% lower by midmorning. Investor anxiety was triggered by news that the Environmental Protection Agency’s proposed Renewable Volume Obligations (RVOs) are now being reviewed by the…

UBS has downgraded Alcoa Corp. (NYSE: AA) from Buy to Neutral, citing a deteriorating outlook for alumina and concerns that the recent rally in Alcoa shares has left limited room for further upside. In a note to clients, UBS analysts said they still hold a positive medium-term view on aluminum prices but expect alumina to…

Fiserv (NYSE:FI) saw its stock plunge 13% after the company’s Chief Financial Officer, Robert Hau, suggested that growth in its Clover point-of-sale business would remain flat in the second quarter, echoing first-quarter results. Speaking at a JPMorgan investor conference, Hau acknowledged that Clover’s payment volume growth has come under investor scrutiny. In Q1, the platform…

Wolfe Research has upgraded Pinterest (NYSE:PINS) to Outperform from Peer Perform, maintaining a $40 price target, citing easing macroeconomic pressures and ongoing improvements in the platform’s core business. In a note to clients on Thursday, the firm said its more bullish outlook stems from a less daunting economic backdrop, notable enhancements in Pinterest’s product suite…

Xponential Fitness Inc. (NYSE:XPOF) saw its stock tumble nearly 19% on Thursday following news that CEO Mark King will be stepping down due to health concerns. The unexpected announcement triggered investor unease, fueling a steep selloff amid concerns about the company’s leadership stability. King, who has led the global franchisor of boutique fitness and wellness…

Shares of CoreWeave (NASDAQ:CRWV) slid more than 6% on Thursday following the company’s first earnings report since its March IPO, as investors reacted to a projected surge in capital expenditures that far outpaces expected revenue for 2025. The Nvidia-backed AI cloud provider revealed plans to invest heavily in infrastructure, estimating annual capital spending at nearly…

Walmart (NYSE:WMT) warned on Thursday that it will begin raising prices later this month as new U.S. tariffs drive up costs, even as its first-quarter U.S. same-store sales beat expectations. Despite the caution, shares in the retail giant edged 0.5% higher in early trading and remain up over 60% year-over-year. The company chose not to…

Cryptocurrency exchange Coinbase (NASDAQ:COIN) revealed it could incur losses between $180 million and $400 million due to a recent cyberattack that compromised account information for a portion of its user base. The news sent the company’s stock down roughly 3% in Thursday’s premarket trading. According to the company, it received a message from an unidentified…

Shares of UnitedHealth Group (NYSE:UNH) tumbled nearly 7% in premarket trading Thursday, following a report from The Wall Street Journal that the U.S. Department of Justice is conducting a criminal investigation into the company’s Medicare billing practices. This development further deepens the challenges facing the health insurance giant, which has already been navigating a turbulent…