Check out the companies making headlines in front of the Bell: Fox Corp. – The media empire fell by about 5% after the announcement that Murdoch Family has resolved the battle of succession and Lachlan Murdoch has gained control of the company. Apple – iPhone makers fell 0.4% later today ahead of the annual Apple event. There will be several new products being announced. Nebius Group NV – After Nebius agreed to provide AI infrastructure to Microsoft, there has been a 50% surge in Nebrand-based infrastructure and service providers to AI builders. Dell Technologies – Stock eased around 1% after Dell Technologies Chief Financial Officer Yvonne McGill resigned on Tuesday. David Kennedy, finance now Senior Vice President of Global Business Operations, has been appointed interim CFO. Brighthouse Financial – Insurance stocks rose 11% after Financial Times reported that private capital group Aquarian Holdings was undergoing high-level consultations with two Middle Eastern investors to fund the acquisition of Brighthouse. Aquarian is seeking more than $3 billion in equity support to acquire Brighthouse at a significantly higher premium compared to its current stock price, the FT said it cited two people who were described on the issue. Mission Produce – Avocado and mango suppliers were about 1% higher after third quarter revenue was estimated. The mission won 26 cents per share, excluding one-off items, with revenue of $357.7 million. Analysts who voted for FactSet projected earnings per share of 15 cents against $320 million in revenue. Casey’s General Stores – Midwest convenience store chains fell more than 1% after their first quarter results surpassed Wall Street estimates. Earnings of $5.77 per share exceeded the fact set consensus forecast of $502 million, while revenues exceeded an estimated $4.57 billion, exceeding an estimated $4.466 billion. Stocks have already grown 19% in the past three months and 31% in the past six. Dick’s Sporting Goods – The retailer added nearly 1.8% shortly after Citigroup upgrades to buy from neutral. City said Dick will become a “strong force” for athletic retail after the acquisition of Footlocker. – CNBC’s Michelle Fox, Lisa Han and Alex Hurling provided reports
The biggest moves stock localities: Fox, Aapl, Nbius, Dell
