VFS News & Events

Stocks finished mixed to start the week as investors continue to watch climbing oil prices while awaiting more developments out of the Middle East. Investors are increasingly worried that inflation is becoming entrenched due to energy prices, persistent fiscal deficits and resilient economic demand. Markets are now pricing in a meaningful possibility that the Federal Reserve could raise rates again later this year instead of cutting them.Of note, President Trump stated in athat he was asked by the leaders of several Middle Eastern nations to hold off a planned military attack on Iran, which was scheduled for tomorrow, but added that he has instructed the U.S. military leadership "to be prepared to go forward with a full, large scale assault of Iran, on a moment's notice, in the event that an acceptable Deal is not reached."Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:Dominionand NextEra Energyin an all-stock transactionPublicisLiveRampfor $2.2BFordand EDF Group announced the signing of aTrump plans to announce a "dramatic expansion" of discounted prescription medication offerings available on TrumpRx,A U.S. jury on Monday ruled against Elon Musk in his lawsuit against OpenAI, finding the AI company not liable to the Teslafounder for having allegedly strayed from its original mission to benefit humanity,2. WALL STREET CALLS:F5to Outperform from In Line at Evercore ISIZscalerto Buy at B. RileyCoreWeaveand Nebiuswith lowered Neutral ratings as a new analyst took over coverage at DA DavidsonApplied Materialsto Equal Weight at Morgan StanleySalesforcewith an Underperform at BofA amid structural reset3. AROUND THE WEB:NvidiaCEO Jensen Huang told Bloomberg that it is up to China to decide on AI chips and that he looks forward to China being a more open marketTakedahas been ordered to pay hundreds of millions for violating antitrust law by delaying the generic version of its branded Amitiza drug, Bloomberg saysApple'srevamped Siri may launch in beta, and will have an option to auto-delete chats, Bloomberg reportsPresident Trump said he "should have asked for more" of a stake in Intelon behalf of the U.S. government, Fortune saysVinFast'splanned sale of two Vietnamese factories will allow the company to shed $6.9B in debt and obligations to help assist its path to profitability, Bloomberg says4. MOVERS:Hive Digitalwas higher afteris planning to build a new AI infrastructure facility in the Greater Toronto Area with approximately 320 megawatts of utility capacityCourseraincreased after announcing aServiceNowgained after BofAcoverage of the stock with a Buy ratingDesign Therapeuticswas lower afterRegeneronfell after its Phase 3 trial of fianlimab5. EARNINGS/GUIDANCE:Bradyand raised its guidance for FY26iQiyi, with EPS and revenue lower year-over-yearGossamer Bio, with CEO Faheem Hasnain commenting, "We are executing across multiple fronts at Gossamer"RedCloudreportedand reaffirmed guidance for FY26Baidu, with EPS and revenue lower year-over-yearINDEXES:The Dow rose 159.95, or 0.32%, to 49,686.12, the Nasdaq lost 134.41, or 0.51%, to 26,090.73, and the S&P 500 declined 5.45, or 0.074%, to 7,403.05.

Stocks were mostly lower near noon following a record-setting week as investors continue to watch climbing oil prices while awaiting more developments out of the Middle East. The 30-year Treasury yield climbed above 5.15%, its highest level since before the 2008 financial crisis, while the 10-year Treasury yield rose toward 4.65%. Investors are increasingly worried that inflation is becoming entrenched due to energy prices, persistent fiscal deficits and resilient economic demand. Markets are now pricing in a meaningful possibility that the Federal Reserve could raise rates again later this year instead of cutting them.Semiconductor and mega-cap tech stocks remain the market's leadership group, but investors are becoming more sensitive to valuations as borrowing costs rise. Analysts are increasingly debating whether AI enthusiasm has become excessive, particularly given the massive capital spending required to sustain the boom.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:Dominionand NextEra Energyin an all-stock transactionPublicisLiveRampfor $2.2BFordand EDF Group announced the signing of aRegeneronsaid its Phase 3 trial of fianlimabMacy'sand Delta Air Lineswere higher after Berkshire Hathaway2. WALL STREET CALLS:F5to Outperform from In Line at Evercore ISIZscalerto Buy at B. RileyCoreWeaveand Nebiuswith lowered Neutral ratings as a new analyst took over coverage at DA DavidsonApplied Materialsto Equal Weight at Morgan StanleySalesforcewith an Underperform at BofA amid structural reset3. AROUND THE WEB:Apple'srevamped Siri may launch in beta, and will have an option to auto-delete chats, Bloomberg reportsU.S. President Donald Trump said he "should have asked for more" of a stake in Intelon behalf of the U.S. government, Fortune saysFugazi Research issued a cautious note on MMTECActivist investor Elliot Investment Management has built a big stake in Bio-Rade Laboratories, with plans to push the company to boost its underperforming stock price, WSJ saysVinFast'splanned sale of two Vietnamese factories will allow the company to shed $6.9B in debt and obligations to help assist its path to profitability, Bloomberg says4. MOVERS:Hive Digitalhigher after announcing its subsidiary is planning to build a newin the Greater Toronto Area with approximately 320 megawatts of utility capacityCourseraincreases after announcing a $500MServiceNowgains after BofAof the stock with a Buy ratingDesign Therapeuticslower afterfrom its RESTORE-FA trialPoet Technologiesfalls after closing a5. EARNINGS/GUIDANCE:Bradyand raised its guidance for FY26iQiyi, with EPS and revenue lower year-over-yearGossamer Bio, with CEO Faheem Hasnain commenting, "We are executing across multiple fronts at Gossamer"RedCloudand reaffirmed guidance for FY26Baidu, with EPS and revenue lower year-over-yearINDEXES:Near midday, the Dow was up 0.02%, or 12.01, to 49,538.18, the Nasdaq was down 0.60%, or 157.04, to 26,068.11, and the S&P 500 was down 0.25%, or 18.29, to 7,390.21.

Catch up on the weekend's top five stories with this list compiled by The Fly: 1) NextEra Energy (NEE) is in discussions to acquire Dominion Energy (D) in mostly stock deal, David Carnevali, Josh Saul, and Mark Chediak of Bloomberg reports, citing a person familiar with the matter. The deal could be announced as soon as Monday, but an agreement has not yet been reached and talks could still end, the source added. 2) Activist investor Elliot Investment Management has built a big stake in Bio-Rade Laboratories (BIO), with plans to push the company to boost its underperforming stock price, Lauren Thomas of The Wall Street Journal reports, citing people familiar with the matter. 3) VinFast's (VFS) planned sale of two Vietnamese factories will allow the company to shed $6.9B in debt and obligations to help assist its path to profitability, Nguyen Kieu Giang of Bloomberg reports. "After restructuring, VinFast will essentially be debt-free, with only a small amount remaining," VinFast told Bloomberg in an emailed statement. 4) BlackRock (BLK) is debating on making a multibillion-dollar investment in SpaceX's IPO, Cory Weinberg of The Information reports, citing people familiar with the matter. The investment could be between $5B to $10B. 5) AstraZeneca (AZN) and Daiichi Sankyo's (DSNKY) Enhertu has been approved by the US Food and Drug Administration, FDA, for both the neoadjuvant and adjuvant treatment of patients with HER2-positive early breast cancer based on results from the DESTINY-Breast11 and DESTINY-Breast05 Phase III trials, respectively.

VinFast Auto is up 12.6%, or 55c to $4.90.