Author: Anna Suleta

Bernstein and Truist have raised their price targets for Diamondback Energy (FANG), citing strong production in the Permian Basin and potential oil supply disruptions.

Roundhill Memory ETF (DRAM) surged 77% in six weeks but recently pulled back. The fund is heavily concentrated in Samsung, SK hynix, and Micron. Key signals include HBM and DDR5 contract pricing trends.

Financial firms revised ONEOK stock ratings after mixed Q1 earnings. Freedom Broker downgraded to Hold with a higher price target, while Truist maintained Hold.

The Federal Reserve released minutes from its April meeting, revealing four dissenting votes—the most since 1992—as Chair Jerome Powell prepares to leave office amid inflation and rate policy debates.

Corporate America issued $34 billion in convertible bonds in early 2026, doubling last year’s pace, with half tied to AI investments in data centers and infrastructure.

Ithaca Energy reports strong Q1 2026 performance with production of 126,000 boe/d, EBITDA of GBP 0.6 billion, and progress on key growth projects.

Global equity markets paused as U.S. Treasury yields stabilized near multi-year peaks, with the 10-year yield reaching a 16-month high of 4.687%. Investors remain cautious amid war-driven inflation concerns and ahead of major earnings.

Delta Air Lines shifts focus to premium revenue and loyalty programs as jet fuel prices double in 2026 due to the Persian Gulf conflict, testing its strategy against rising costs.

Target names Jeff England as EVP and chief global supply chain and logistics officer, effective May 31, 2026, to lead operational improvements amid sales decline.

Standard Chartered CEO Bill Winters sent an internal memo to ease employee anxiety after the bank announced plans to cut 8,000 corporate roles by 2030 as part of an AI-driven restructuring.