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Lufthansa Cargo to market capacity on ITA Airways, add Rome hub

Lufthansa Cargo in mid-June will start selling cargo capacity and handling shipments on ITA Airways, the Italian carrier in which Deutsche Lufthansa AG acquired a 41% stake in January for nearly $350 million. The deal allows Lufthansa Cargo to make Rome its cargo hub …

EODHD | 22 May 2025

Nvidia CEO Explodes Over U.S. Chip Ban--Says It Helped China Win the AI Race

Nvidia (NASDAQ:NVDA) CEO Jensen Huang just called out Washington's chip crackdownsaying it might've done the opposite of what it intended. Speaking at Computex in Taipei, Huang said U.S. export controls didn't stall China's AI pushthey accelerated it. Four years ago, we had 95% of …

EODHD | 22 May 2025

Elliott Set to Win Two Phillips 66 Board Seats in Proxy Fight

(Bloomberg) -- Phillips 66 shareholders are set to elect two of Elliott Investment Management’s nominees to its board, in the first ever US proxy vote for the activist investor. Most Read from Bloomberg Can Frank Gehry’s ‘Grand LA’ Make Downtown Feel Like a Neighborhood? …

EODHD | 22 May 2025

Why Carter's (CRI) Shares Are Plunging Today

What Happened? Shares of children’s apparel manufacturer Carter’s (NYSE:CRI) fell 9.8% in the afternoon session after the company slashed its quarterly dividend to $0.25 from $0.80 in the previous quarter. Management acknowledged that the prior dividend level was unsustainable given current profitability. While painful …

EODHD | 22 May 2025

DICK'S Sporting Q1 Earnings Coming Up: Is a Beat in the Cards?

As DICK’S Sporting Goods Inc. DKS prepares to announce its first-quarter fiscal 2025 earnings on May 28, investors are closely watching for insights into its performance this season. DKS is expected to register a year-over-year sales increase in the quarter under review. The Zacks …

EODHD | 22 May 2025

Dream Industrial REIT Announces May 2025 Monthly Distribution

TORONTO, May 21, 2025--(BUSINESS WIRE)--DREAM INDUSTRIAL REIT (TSX: DIR.UN) (the "Trust") announced today its May 2025 monthly distribution in the amount of 5.833 cents per Unit (70 cents annualized). The May distribution will be payable on June 13, 2025 to unitholders of record as …

EODHD | 22 May 2025

Exelixis (NasdaqGS:EXEL) Reports Robust Q1 2025 Earnings and Revenue Growth

Exelixis announced robust earnings for Q1 2025 with significant revenue growth and enhanced earnings per share, alongside revised upward earnings guidance for the fiscal year. These announcements coincided with positive product developments, including FDA approval of CABOMETYX® for additional tumor treatments and phase 1 …

EODHD | 22 May 2025

Barclays Reiterates Buy Rating on Adobe (ADBE)

On May 16, Barclays analyst Saket Kalia reiterated a Buy rating on Adobe Inc. (NASDAQ:ADBE) with a $567 price target as the company is set to introduce its new pricing tiers for its Creative Cloud offerings. The analyst sees Adobe's strategic price adjustments to …

EODHD | 22 May 2025

Amazon CEO says customer demand, prices steady despite tariffs

(Bloomberg) — Amazon.com Inc. (AMZN) Chief Executive Officer Andy Jassy said the online retailer hasn’t seen any meaningful reduction in consumer spending or an increase in prices as a result of tariffs introduced by US President Donald Trump earlier this year. “We’ve not seen …

EODHD | 22 May 2025

Apollo Global Management (NYSE:APO) Secures US$975 Million in New Debt Financing

Apollo Global Management recently secured a significant $975 million debt funding, which includes support from firms like Brookfield and Blackstone. This financial bolstering may have firmed investor confidence, contributing to the 10% price increase over the past month. Meanwhile, ongoing interest in M&A activities, …

EODHD | 22 May 2025