OMF News & Events

OneMain Financial issued the following comment regarding the "meritless" lawsuit brought by states: "The states' allegations are simply untrue -- their case is wrong on the facts and wrong on the law and attempts to relitigate issues that were already reviewed by the Consumer Financial Protection Bureau and fully resolved. We operate honestly and transparently, in full compliance with all laws and regulations, as we provide responsible and much needed access to credit for hardworking Americans. This matter does not change how we operate our business or serve our customers. We will litigate this case vigorously and look forward to proving the truth in court."

Stocks closed higher on Monday, opening the week with a rebound after a volatile stretch driven largely by energy markets and geopolitical developments in the Middle East.Energy prices are still elevated amid the ongoing conflict involving Iran and disruptions around the Strait of Hormuz, though reports suggest diplomatic and logistical efforts are underway to allow more tankers to pass through the Strait, which has helped cool some of the extreme volatility seen earlier in the month.Even with the modest improvement in sentiment, the broader macro picture remains fragile. Rising oil prices are feeding inflation concerns just as policymakers in the United States and Europe are preparing for upcoming rate-setting meetings.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:Nvidiakicked off its annual GTC conference, during which CEO Jensen Huang said the company sees demand for Blackwell and Ruben equating to revenue ofthrough 2027Reuters reported Metais planning toto offset AI infrastructure costsSecretary of Energy Chris Wright directed Sable Offshoretoof the Santa Ynez Unit and Santa Ynez Pipeline SystemPublic StorageNational Storagein an all-stock deal valued at an enterprise value of approximately $10.5BDollar Treeshares rose after theshowed its strategy to introduce higher-priced items is helping the company increase sales2. WALL STREET CALLS:Circle Internetto Buy from Hold at Clear StreetSeaportQualcommto Sell on losing share in shrinking marketBarclaysKinderCareto Underweight after outlook missAdobeto Hold at Argus following CEO retirement announcementCiticoverage of "emerging AI hyperscaler" Nebiuswith a Buy3. AROUND THE WEB:In a series of meetings with the White House, the CEOs of Exxon Mobil, Chevron, and ConocoPhillipshave warned that the disruption of energy flows from the Strait of Hormuz waterway due to the Iran war would continue to create volatility in global energy markets, WSJ saysAhead of its acquisition by Paramount Skydance, Warner Bros.led the 2026 Oscars with 11 winsOpenAI is in advanced discussions with private equity firms including TPG, Advent International, Bain Capital, and Brookfield Asset Managementto form a joint venture, Reuters saysFertitta Entertainment deal talks to acquire Caesars Entertainmenthave heated up, CNBC saysJD.comis launching in the UK and other European countries as the company aims to draw customers to its Joybuy.com, Bloomberg says4. MOVERS:CytomX Therapeuticsjumped after reportingand announcing the planned initiation of a Phase 1 expansion cohort for Varseta-MOneMainfell after New York Attorney General Letitia Jamesthat she is leading a coalition of 12 other attorneys general in suing the lenderNano Nuclear Energydeclined afterin the development of its HALEU transportation systemSealsqfell after30.4M shares at $4.11 in direct offeringVNETclosed lower after reporting5. EARNINGS/GUIDANCE:SAICreportedand provided guidance for FY27WWreported, with EPS and revenue lower year-over-yearTelosreportedand provided guidance for Q1 and FY26AirSculptreported preliminary, with revenue missing consensusVinFast Autoreported, with revenue up 138.9% year-over-yearINDEXES:The Dow rose 387.94, or 0.83%, to 46,946.41, the Nasdaq gained 268.82, or 1.22%, to 22,374.18, and the S&P 500 advanced 67.19, or 1.01%, to 6,699.38.