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NIO, Intuit, And Reddit Are Among Top 10 Large-Cap Losers Last Week (May 18-May 22): Are The Others In Your Portfolio?

Nabaparna Bhattacharya — Sun, 24 May 2026 13:26:09 +0000

Large-cap stocks tied to software, electric vehicles, data centers and healthcare came under pressure last week as investors reacted to weak guidance, regulatory concerns, rising bond yields and intensifying competitive risks.

Technology and China-linked names led the declines, while several companies also faced earnings-driven selling pressure and cautious sentiment surrounding funding conditions and future growth expectations.

These ten large-cap stocks were the worst performers last week. Are they a part of your portfolio?

Intuit Inc. (NASDAQ:INTU) fell 18.28% last week after the company reported third-quarter financial results and issued fourth-quarter GAAP EPS and 2026 GAAP EPS guidance below estimates. Also, the company reduced its full-time workforce by 17%.

NIO Inc. (NYSE:NIO) decreased ...

Full story available on Benzinga.com

What's Going On With Dillard's Stock Today?

Nabaparna Bhattacharya — Thu, 14 May 2026 17:24:09 +0000

Dillard’s, Inc. (NYSE:DDS) shares edged lower after the department store chain reported first-quarter results ahead of Wall Street expectations, supported by strength across multiple merchandise categories and improved margins.

The company also highlighted continued customer demand, inventory discipline and a focus on refreshing its merchandise assortment heading into the rest of the year.

Quarterly Details

The company reported first-quarter earnings per share of $16.04, beating the analyst consensus estimate of $10.37. Quarterly sales of $1.568 billion outpaced the Street view of $1.555 billion.

The quarter included a pre-tax gain on litigation settlement of $104.1 million ($5.10 per share after tax) tied to the company’s favorable settlement of a payment card interchange fee lawsuit.

Total retail sales increased ...

Full story available on Benzinga.com

What's Going On With Nokia Stock Today?

Nabaparna Bhattacharya — Fri, 08 May 2026 14:09:42 +0000

Nokia Oyj (NYSE:NOK) shares are up on Friday morning, while the broader market shows mixed performance.

• Nokia stock is gaining positive traction. What’s driving NOK shares up?

In the recent past, Nokia announced a partnership, which is expected to close in the fourth quarter of 2026, with Lockheed Martin Corporation (NYSE:LMT) to enhance secure communications for U.S. and allied defense forces. The collaboration aims to deliver modular 5G capabilities for military vehicles and involves joint initiatives in 6G, AI and wireless edge technologies.

Nokia recently reported net sales of $5.26 billion, up 4% year over year, but missed consensus estimates of $5.40 billion. Additionally, the company’s EPS came in at six cents, below expectations but representing a 67% year-on-year increase.

Technical Analysis

Nokia’s stock has shown impressive momentum over the past year, with a 12-month gain of 145.53%. Currently, the stock is trading well above its key moving averages, with the 20-day simple moving average (SMA) at $11.26, indicating a bullish trend.

The moving average convergence divergence (MACD) is above its signal line, suggesting that downside pressure is easing, even if the trend hasn't fully flipped. The Relative Strength Index (RSI) ...

Full story available on Benzinga.com

Coinbase Cuts 14% Workforce: 'AI Pivot' Sends Stock Higher

Nabaparna Bhattacharya — Tue, 05 May 2026 12:57:32 +0000

Coinbase Global, Inc. (NASDAQ:COIN) shares rose in Tuesday's premarket session as investors weighed restructuring efforts ahead of earnings.

In an exchange filing on Tuesday, the cryptocurrency exchange outlined cost-cutting measures and operational changes tied to artificial intelligence adoption, signaling a strategic pivot amid challenging market conditions.

Restructuring Plan

Coinbase announced a workforce reduction impacting about 700 employees, representing roughly 14% of its global staff.

The company expects to complete most of the layoffs during the second quarter of 2026.

The move aims to streamline expenses and reposition the business for evolving technological demands. Management framed the decision as part of a broader effort to improve efficiency and align with long-term priorities.

Cost Impact

The company estimates restructuring-related charges between $50 million and $60 million. These costs primarily include severance payments and other termination-related obligations.

Coinbase expects to record nearly all associated expenses within ...

Full story available on Benzinga.com