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By Joel Jose and Twesha Dikshit June 11 (Reuters) - Wall Street's major indexes inched higher in choppy trading on Thursday, as technology stocks steadied after a recent selloff, while investors kept
Lance Glinn of NYSE Live discusses Visa's payment integration partnership with OpenAI for next gen commerce.
The company's sales and earnings improved, but its guidance is a concern.
Market Catalysts host Julie Hyman breaks down today's trending tickers, including Intel (INTC), which jumped after receiving a rare double upgrade to buy from Bank of America (BAC). Meanwhile, DraftKings (DKNG) is also moving higher after analysts named it the "clearest winner" in sports betting as the 2026 FIFA World Cup kicks off today, June 11, setting the stage for a potential surge in wagering activity.
Companies repurchase stock when they’re feeling optimistic about the future prospects of their company. Amazon is no exception, and the world’s biggest online retailer has bought back billions of dollars' worth of shares in recent years. With a market capitalization of more than $2.5 trillion, and ...
GameStop (NYSE:GME) has reinvented itself into a cash-rich holding company rather than a brick-and-mortar gaming retailer, and the market is still struggling to price what that means. After a blowout Q1 FY26 report, neutral retail sentiment, and a deep disconnect with traditional Wall Street coverage, my model sees meaningful upside from current levels. The 24/7 ... GameStop Surges on Q1 Beat, $2B Buyback, $39 Target
The London Company released its Q1 2026 investor letter for “The London Company Large Cap Strategy”. In early 2026, US equities declined, with the Russell 3000 falling 4% and the S&P posting losses. A copy of the letter is available to download here. The year started positively with a broad rally, but sentiment reversed in […]
Intel stock popped on Thursday after receiving a double upgrade from BofA analysts.
Intel stock popped on Thursday after receiving a double upgrade from BofA analysts.
Investing.com -- General Dynamics received a rating upgrade from Jefferies, which raised its recommendation to Buy from Hold and increased its price target to $400 from $380, arguing that accelerating demand for U.S. Navy submarines and improving shipyard productivity position the defense contractor for stronger earnings growth in the years ahead.
The 10-year deal will replace more than 100 separate agency HR systems with a single cloud-based platform serving roughly 2 million federal employees
Energy Fuels expects to produce 1.6 million pounds of finished uranium from January through June 2026 at its 100%-owned White Mesa Mill in Utah.
Everyone wants to get in on the action. That generally doesn't make the best investing opportunities.
(Bloomberg) -- Retail traders’ infatuation with high-flying computer memory and storage companies is fading now that the next big thing — SpaceX’s initial public offering — is on the way. Most Read from BloombergXbox Plans Significant Layoffs as New CEO Plans OverhaulHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’US Strikes Iran in Trump Escalation Over Stalled Peace TalksTech Stocks Sink as Oil Jumps on US-Iran Jitters: Markets WrapOracle Falls After Data Center Costs Overshadow A
Oracle beat Wall Street expectations on revenue and profit, but investors balked at a new $40 billion financing plan for its AI buildout
The move comes after Oracle reported larger-than-expected capital expenditures to fund its data center buildout—with more significant spending on the way. The company reported $55.7 billion in capital expenditures for its latest fiscal year, higher than the $50 billion Oracle previously forecast.
Hopes for lower interest rates are fading fast, putting renewed pressure on bond prices — and fixed-income investors' portfolios.
Investing.com -- Intel shares climbed about 5% in premarket trading after Bank of America double-upgraded the stock from Underperform to Buy and raised its price target to $135 from $96, driven by growing confidence in the company’s server CPU opportunity and its external foundry business.
Most investors fear lingering inflation will chip away at Dollar General's foot traffic, which has defied the odds so far.
Oracle (NYSE:ORCL) reported quarterly earnings and revenue ahead of market forecasts on Wednesday and raised its outlook for annual adjusted earnings per share. Despite the strong operating performance, the stock fell 10.
SpaceX (SPCX) started trading on Friday following the biggest IPO ever.
SpaceX (SPCX) started trading on Friday following the biggest IPO ever.
Buying SpaceX stock after June 12 is only one way to get exposure following the biggest IPO in history. Here are the three ways in, and what to know about each investment method.
A short-term correction will not prevent long-term catalysts from taking shape.
New Fed Chair Kevin Warsh and the Federal Open Market Committee (FOMC) may be forced to tackle rapidly rising inflation.
The legendary investor preached the value of buying good companies at reasonable prices.
The market looked set to rebound on Thursday as investors piled back into tech stocks, which have taken a beating in recent days due to worries about higher inflation and the looming SpaceX IPO. “We remain constructive on the long-term bull market, but mounting technical evidence suggests an increased risk of a deeper pullback,” said LPL Financial’s chief technical strategist Adam Turnquist. The European Central Bank is widely expected to hike interest rates for the first time in nearly three years, which could foreshadow future tightening by the Federal Reserve and other central banks.
Oracle beat Q4 earnings and sealed a $300B OpenAI deal. Flat guidance sent shares down 8%. The AI bet has a price.
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