Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the acf domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /data00/vhosts/blog.marketdraft.com/httpdocs/wp-includes/functions.php on line 6121
General News Archives - MarketDraft BlogMarketDraft Blog General News Archives - MarketDraft Blog

Category: General News

Upcoming Quarterly Reports 9/8 – 9/12 2025 (Week 38)

Here’s a short week for everyone to enjoy, grab a snack, have a look, and go Get your Share! Have fun and we’ll you in the contests. Medium-cap Small-cap Large-cap 09/08/25 KEP Korea Electric Power 09/09/25 FERG Ferguson plc NBIS Nebius Group N.V. 09/10/25 GIS General Mills 09/11/25 FDX FedEx LEN Lennar LEN.B Lennar DRI… Continue reading Upcoming Quarterly Reports 9/8 – 9/12 2025 (Week 38)

Angel Studios Makes Wall Street Debut in $1.6 Billion Deal, Eyes Global Expansion

Angel Studios, the Utah-based entertainment company behind breakout hits like The Chosen and Sound of Freedom, has officially closed its deal to become a publicly traded company valued at $1.6 billion. The move comes through a merger with Southport Acquisition Corporation, a special purpose acquisition company, marking a significant milestone for a studio that began… Continue reading Angel Studios Makes Wall Street Debut in $1.6 Billion Deal, Eyes Global Expansion

Ørsted Sues Trump Administration Over Halted Offshore Wind Farm: A Turning Point for U.S. Clean Energy

In a high-stakes legal confrontation unfolding this week, Danish renewable energy titan Ørsted—jointly with Skyborn Renewables—has filed suit against the Trump administration over a sudden stop-work order issued for the nearly completed Revolution Wind project. This landmark lawsuit, lodged in U.S. District Court in Washington, D.C., challenges the legality of the federal pause of the… Continue reading Ørsted Sues Trump Administration Over Halted Offshore Wind Farm: A Turning Point for U.S. Clean Energy

Spirit Airlines Faces Deepening Crisis

Spirit Airlines is deepening its financial crisis, announcing that it will cut service to 11 cities across the United States, including San Diego, Sacramento, Oakland, San Jose, Portland, Salt Lake City, Boise, Albuquerque, Birmingham, Chattanooga, and Columbia, South Carolina. A planned launch to Macon, Georgia, was also canceled. These cuts come as the airline enters… Continue reading Spirit Airlines Faces Deepening Crisis

Lucid Group’s One-for-Ten Reverse Stock Split Fails to Stem Stock Slide

Lucid Group Inc., the electric vehicle manufacturer backed by Saudi Arabia’s Public Investment Fund, recently carried out a one-for-ten reverse stock split in a bid to shore up its share price and improve market perception. The split, which reduced the number of outstanding shares from roughly 3.07 billion to about 307 million while also cutting… Continue reading Lucid Group’s One-for-Ten Reverse Stock Split Fails to Stem Stock Slide

U.S. Government Takes 10% Stake in Intel in Historic Chip Industry Intervention

In a move that underscores the growing importance of domestic semiconductor production, the U.S. government has acquired roughly a 10 percent stake in Intel Corp., making it one of the company’s largest shareholders. The unprecedented deal, valued at about $8.9 billion, represents a major shift in how Washington supports critical industries, converting funds from the… Continue reading U.S. Government Takes 10% Stake in Intel in Historic Chip Industry Intervention

Upcoming Quarterly Reports 8/25 – 8/29 2025 (Week 36)

Here’s a short week for everyone to enjoy, grab a snack, have a look, and go Get your Share! Have fun and we’ll you in the contests. Medium-cap Small-cap Large-cap 08/25/25 PDD PDD Holdings Inc. Sponsored ADR BHP BHP Group Limited HEI Heico HEI.A Heico KT KT 08/26/25 BMO Bank Of Montreal BNS Bank of… Continue reading Upcoming Quarterly Reports 8/25 – 8/29 2025 (Week 36)

Target’s CEO Steps Down Amid Persistent Weakness; Stock Sinks Despite Quarter Beat

Target Corporation announced today that Chief Executive Officer Brian Cornell will step down effective February 1, 2026, transitioning to the role of executive chairman. Succeeding him will be long-time insider Michael Fiddelke, currently the company’s Chief Operating Officer, who will also join the board upon assuming the new role.(MarketWatch, Reuters, AP News, ABC News) Cornell’s… Continue reading Target’s CEO Steps Down Amid Persistent Weakness; Stock Sinks Despite Quarter Beat

Spirit Airlines Faces Uncertain Future as CEO Urges Calm

Spirit Airlines is once again facing turbulence, warning investors and travelers alike that its survival over the next year is in serious doubt. The ultra-low-cost carrier, which only recently emerged from bankruptcy after shedding nearly $800 million in debt, reported steep losses in the first half of 2025 and acknowledged that without fresh funding it… Continue reading Spirit Airlines Faces Uncertain Future as CEO Urges Calm

High Times ahead for Businesses as Trump Reclassifies Marijuana.

Trump’s consideration of reclassifying marijuana from Schedule I to Schedule III marks one of the most significant potential changes to federal cannabis policy in decades. Schedule I drugs, which include heroin and LSD, are considered to have no accepted medical use and a high potential for abuse. Schedule III substances, such as ketamine and certain… Continue reading High Times ahead for Businesses as Trump Reclassifies Marijuana.

LetsEncrypt SSL Secure Stripe Payment Processing