stocktrader

AMC Entertainment shares surged on Monday after the theater chain reported its strongest May attendance in seven years, adding to signs that the movie exhibition industry is benefiting from a stronger film slate in 2026. The company said 25.5 million people attended AMC Theatres and Odeon Cinemas globally during May, marking its highest attendance for… Continue reading AMC stock jumps as May movie attendance hits highest level since 2019

Tesla (TSLA) shares fell roughly 4% in early trading on Monday as investors assessed a new competitive threat from OpenAI. The AI giant’s latest robotics ambitions could place it on a collision course with Elon Musk’s long-term vision for humanoid robots. The decline came even as broader US markets were relatively stable. The S&P 500… Continue reading Why Tesla stock is sinking over 4% today

Adobe (ADBE) is seeing upward momentum on Monday morning due to a combination of “macro-to-software” sector rotation and positioning ahead of the firm’s earnings report. On June 1st, ADBE looks headed to challenge its 100-day moving average (MA), with a “decisive” break above the $262 level expected to strengthen the bullish sentiment in the days… Continue reading What’s behind Adobe stock’s newfound momentum on Monday?

MGM Resorts International shares jumped on Monday after Barry Diller’s People Inc. submitted a proposal to acquire the casino operator in a deal that values the company at approximately $18 billion, including debt. People Inc., formerly known as IAC, already owns a 26.1% stake in MGM and has offered to acquire the remaining shares it… Continue reading MGM stock jumps 14% as Barry Diller tables $18B offer

US stocks opened in the red on Monday as investors balanced renewed optimism around artificial intelligence against rising geopolitical tensions in the Middle East, while oil prices climbed following fresh developments involving Iran. The S&P 500 slipped 0.2%, while the Nasdaq Composite fell 0.1%. The Dow Jones Industrial Average was down 132 points, or 0.26%… Continue reading Dow falls 130 points as oil jumps, Nvidia gains on new AI PC chip

Arm Holdings shares soared in premarket trading on Monday after investors cheered the information that Nvidia’s new artificial intelligence-focused personal computer chip relies on Arm-based technology. The British semiconductor intellectual property company rose more than 11% before the opening bell, extending a remarkable rally that has already seen its shares more than triple in value… Continue reading ARM rises on Nvidia’s PC chip launch; Cramer says ‘amazing’ for Arm shareholders

Dell Technologies DELL shares extended their rally on Monday after the company unveiled its most affordable XPS laptop yet, adding fresh momentum to a stock already boosted by record earnings and growing demand for artificial intelligence infrastructure. The company introduced the new XPS 13 on Sunday, positioning it directly against Apple’s MacBook Neo in the… Continue reading Dell stock extends rally as new XPS 13 challenges MacBook Neo