J.P. Morgan has added Seagate Technology to its "Positive Catalyst Watch" list, citing the company's strong position in the HDD market. The firm believes Seagate is well-positioned to benefit from robust data center demand and favorable pricing trends. This update underlines a positive outlook for Seagate's future performance.

International Paper (NYSE: IP) announced its agreement to acquire North Pacific Paper Company (NORPAC) for $360 million. This acquisition, subject to regulatory approval, will add NORPAC's Longview, Washington mill, its three machines, and approximately 500 employees, which annually produce about 1 million tons of containerboard and related grades. The deal aims to expand IP's West Coast capacity, enhance system flexibility, reduce costs, and meet the growing demand for recycled containerboard.

Paolo Tonucci, an insider at Marex Group PLC, sold 16,666 shares of the company on April 13, 2026, reducing his holding to 1,363,357 shares. This transaction follows a period with no insider buys but three insider sells, with the stock trading at $51.37 per share, giving the company a market capitalization of $3.74 billion and a P/E ratio of 12.98.

Morgan Stanley's Bitcoin ETF has achieved a significant milestone, accumulating $100 million in investments within its first week. This rapid growth highlights growing institutional interest in Bitcoin exchange-traded funds. The information is presented in a video format by CoinDesk.

Devon Energy (DVN) is poised to end a six-session losing streak, with its shares rising 1.77% to $46.03. The energy company had previously seen a significant drop starting April 8, losing nearly 4.08% of its value. This uptick marks a potential shift for the stock after a period of decline.

Harley-Davidson is recalling 16,994 units of its 2025-2026 Softail models, including the Street Bob, Heritage Classic, Low Rider S, and Low Rider ST, due to a potential rear brake fluid leak. The issue stems from the rear brake lines being positioned too close to the body control module (BCM), which can cause wear and lead to a loss of rear braking performance. Dealers will replace the BCM caddy and associated hardware to create more clearance, and inspect/replace damaged brake lines.

Allogene Therapeutics (ALLO) stock slumped by 16.01% after announcing a $175M underwritten public offering of 87.5 million shares at $2.00 per share, significantly diluting existing shareholders. The offering, designed to fund clinical trials and R&D for its CAR-T pipeline, led to an 18% intraday price drop on increased volume. Traders are closely monitoring ALLO due to the dilution, insider selling intentions, and its high-burn, high-volatility biotech profile.

Vertical Aerospace is building on the success of its VX4 eVTOL prototype's two-way transition flight, which occurred on April 14. The company plans to further expand the aircraft's flight envelope, particularly regarding wind limits, and is preparing to fly its third prototype within days or weeks. This progress supports future demonstration flights in the UK and customer demonstrations, with certification-conforming Valo aircraft expected next year.

Advanced Micro Devices (AMD) stock reached a new all-time high, extending its winning streak to 12 consecutive days, a first since 2005. The stock's surge, up 37% over the last 12 days and 24% year-to-date, is attributed to strong Q1 earnings from its manufacturing partner TSMC, indicating high demand for AI chips, and an improved broader market sentiment. Analysts are increasingly bullish on AMD, raising price targets ahead of its Q1 earnings report on May 5, citing its partnership with Meta, upcoming AI chips, and software stack.

Procter & Gamble (P&G) has issued a warning to its shareholders regarding an unsolicited mini-tender offer from Potemkin Limited to purchase P&G common stock at a price significantly below the market value. P&G explicitly states it does not endorse the offer and advises shareholders not to tender their shares, emphasizing the lack of investor protections associated with such mini-tender offers. The company urges shareholders to consult with financial advisors and obtain current market quotations before making any decisions.