Market News Today — AI-Curated Stock & Crypto Headlines

Philip Morris International (PM) has cut its fiscal year profit forecast after taking a $500 million writedown on its investment in its Canadian affiliate.

Micron and SanDisk are experiencing explosive earnings growth and massive stock gains, primarily driven by strong AI-driven memory demand and ongoing supply shortages.

NVIDIA's earnings surged 140% year over year, beating estimates, and the company announced an $80B share repurchase, significantly impacting its stock price and the broader tech sector.

Cisco's stock surged to record highs after the company announced plans to increase investment in AI, funded by job cuts, alongside an upbeat earnings report.

Albemarle's earnings beat, with EPS of $2.95 versus the expected $1.19, and sales of $1.4 billion exceeding the $1.3 billion forecast, has positively impacted the stock.

Quanta Services (NYSE:PWR) reported a strong first quarter for 2026, characterized by double-digit growth in revenue, adjusted EBITDA, and adjusted EPS.

Coca-Cola reported a 10% organic growth, exceeding expectations, and raised its EPS outlook to 8%-9%, driven by smaller packaging and premium products.

Sanmina's fiscal Q2 results exceeded Wall Street's expectations, driving a significant surge in the company's stock price.

Broadcom and Nvidia have reported strong earnings, driven by increased AI spending from key customers, indicating a positive trend for the semiconductor industry.

Oracle's stock has risen due to increased demand for AI, resulting in a significant earnings milestone where both revenue and earnings grew by at least 20% for the first time in 15 years.

BioNTech reported a quarterly loss and announced the departure of its co-founders, leading to a significant decline in its stock price, with a 17% drop in premarket trading.

Saudi Aramco's CEO warns of catastrophic consequences for the oil market and global economy if the halt to Strait of Hormuz tanker traffic continues, citing severe disruption to oil flows.