IQ 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.

Stock futures have been bouncing between slightly lower and higher as surging oil prices, rising bond yields and renewed geopolitical tension in the Middle East weigh on the AI-driven rally that has dominated the year so far.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.Brent crude traded above $110 a barrel after fresh drone attacks reportedly struck infrastructure tied to a UAE nuclear facility, intensifying fears about broader disruption in the Strait of Hormuz. Traders are increasingly concerned about the risk of sustained supply constraints at a time when global inventories are already tight.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. Investors are closely watching results from Nvidia for insight into AI infrastructure demand, while reports from Walmart and Home Depot will offer a read on the health of the consumer amid rising gasoline and borrowing costs.In pre-market trading, S&P 500 futures rose 0.25%, Nasdaq futures gained 0.55% and Dow futures advanced 0.12%.Check out this morning's top movers from around Wall Street, compiled by The Fly.HIGHER -LiveRampup 27% after Publicisentered into an agreement to acquire the company for a total enterprise value of $2.2BDominionup 14% after NextEra Energy and the company announced that they have entered into a definitive agreement to combine in an all-stock transactionBio-Rad Laboratoriesup 8% after The Wall Street Journalactivist investor Elliot Investment Management has built a big stake in the companyFordup 6% after the company and EDF Group announced the signing of a five-year framework agreement under which EDF power solutions will have the ability to procure up to four gigawatt hours of DC Block battery energy storage systems annually, representing a total potential volume of up to 20 GWh over the term of the agreementMacy'sand Delta Air Linesup 3% and 2%, respectively, after Berkshire Hathaway disclosed new positions in the companiesUP AFTER EARNINGS -Baiduup 5%Bradyup 5%DOWN AFTER EARNINGS -Gossamer Biodown 16%Pioneer Powerdown 7%iQiyidown 2%Soluna Holdingsdown 2%LOWER -Regenerondown 11% after reporting its fianlimab trial did not meet the primary endpointNextEra Energydown 1% after the company and Dominionannounced that they have entered into a definitive agreement to combine in an all-stock transaction

Reports Q1 revenue $902.5M vs. $990.3M last year. "We are reinforcing our core strengths, unlocking new growth drivers, and building for the long term. In the first quarter, our hit drama lineup drove sequential membership revenue growth and cemented our leadership in domestic viewership market share, according to Enlightent. Meanwhile, our overseas business sustained its robust growth momentum, achieving record membership revenue this quarter," commented Yu Gong, founder, director, and CEO of iQiyi. "Looking ahead, we are leveraging AI to reduce content production costs, accelerate production cycles, and expand our content ecosystem."