#stock-market

#stock-market

Trump falsely claimed that the stock market had hit a new high on Thursday, while the Dow plunged over three hundred points. Trump spoke to press while visiting the Lincoln Memorial to inspect his renovation of the Reflecting Pool. A reporter asked the president about his pause on his operation to guide ships through the Strait of Hormuz, asking if he would resume the project due to high gas prices.

I looked like a genius, because Fastenal went on to drop 55% while the broader market dropped 15%. Then came the gut punch. From that low point of roughly $0.65 split-adjusted, Fastenal rose 19-fold while the S&P 500 roughly quadrupled over the same time period.

BTIG raised its PANW stock price target to $216 from $200 and reiterated a Buy rating, citing a fresh round of channel checks with partners and customer contacts that came back 'constructive to positive across all contacts.'

Rare Earths Americas is an exploration stage company that aims to create a rare earth supply independent of China, focusing on heavy rare earth projects in the U.S. and Brazil.

Goldman Sachs is the world's second-largest investment bank by revenue, offering financing, advisory services, and risk distribution for institutional and corporate clients, maintaining its status as Wall Street's premier firm.

The stock saw a big first quarter EBIT margin beat that did not flow through to the full year outlook.

The stock burst into investor consciousness in January 2025 after Nancy Pelosi disclosed a position, ran past $100, and has since shed nearly half its value.

Rivian's R2 platform, initially targeted at a $45,000 entry-level model, is now delayed until 2027, with the initial launch trim starting around $57,990.

Altria reported Q1 2026 recently, delivering adjusted diluted EPS of $1.32 versus the $1.24 consensus, a 5.92% beat and the fourth consecutive quarter topping estimates. Revenue of $5.43 billion grew 20.1% YoY, helped by 610 million contract-manufactured export sticks.