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Why Shares in Synopsys Popped Higher Today
Shares in electronic design automation (EDA) company Synopsys (NASDAQ: SNPS) were up by more than 5% at 10 a.m. ET today. The positive developments came after officials from China and the U.S. confirmed that a new trade framework had been agreed upon between the two countries.Why it matters to Synop...
The Motley Fool
Fri, Jun 27
A Bull Case for Apple: Is It a Sleeping Giant?
Apple (NASDAQ: AAPL) has underwhelmed investors this year. As of this writing, shares are down about 19% year to date. That compares with a gain of about 4% for the S&P 500 during the same time frame. The stock's underperformance has been driven by the company's disappointing growth. Apple's revenue...
The Motley Fool
Fri, Jun 27
Juneng Technology Ltd Files For US IPO
June 27 (Reuters) - Juneng Technology Ltd: JUNENG TECHNOLOGY LTD FILES IPO REGISTRATION STATEMENT WITH SEC - SEC FILINGJUNENG TECHNOLOGY LTD - EXPECTED IPO PRICE RANGE $4.00 TO $5.00 PER SHARE - SEC FILINGJUNENG TECHNOLOGY LTD - TO OFFER 2,000,000 ORDINARY SHARES IN IPO - SEC FILINGJUNENG TECHNOLO...
Reuters
Fri, Jun 27
Why Apogee Enterprises Stock Popped Thursday
Apogee Enterprises (NASDAQ: APOG) stock, a specialist in architectural glass and metals, surged as much as 26% in early trading Friday before giving back most its gains and retreating to a 6% increase by 12:30 p.m. ET.The reason: Earnings. Where to invest $1,000 right now? Our analyst team just reve...
The Motley Fool
Fri, Jun 27
Gilead shares rise after US top court ruling on preventive coverage
By Mariam Sunny and Mrinalika Roy June 27 (Reuters) - Shares of Gilead GILD.O rose 3% after the U.S. Supreme Court on Friday upheld a federal mandate that requires health insurers to cover preventive care services including those for reducing HIV risk and cancer screenings at no extra cost to pat...
Reuters
Fri, Jun 27
European stocks rise as U.S.-China trade tensions ease; auto stocks jump
Nike results lift Adidas, Puma, JD SportsSTOXX 600 up 1.1%, at highest level since June 17S&P 500, Nasdaq hit record highsBy Sukriti Gupta, Sanchayaita Roy and Pranav Kashyap June 27 (Reuters) - European stocks closed at an over one-week high on Friday, fuelled by a rally in automakers, as i...
Reuters
Fri, Jun 27
Why Palantir Stock Is Sinking Today
Palantir (NASDAQ: PLTR) stock is losing ground in Friday's trading. The company's share price was down 4% at 12:40 p.m. ET despite the S&P 500 and the Nasdaq Composite being up 0.7% and 0.5%, respectively, at the same point in the day's trading.Palantir's valuation is retreating a bit today as inves...
The Motley Fool
Fri, Jun 27
EchoStar jumps after making interest payments, reveals Trump encouraged co, FCC to reach deal
** EchoStar's SATS.O shares jump 14.1% to $29.05, highest since early Mar, after telecom services firm said it would make scheduled interest payments amid ongoing Federal Communications Commission inquiry** According to SEC filing early Fri, SATS said the payments are being made today, within th...
Reuters
Fri, Jun 27
U.S. STOCKS ON THE MOVE-Estee Lauder, TC Energy, Cancer test makers
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8Wall Street's main indexes rose on Friday, pushing the S&P 500 and the Nasdaq to intraday record highs as investors pinned their hopes on deeper interest-rate cuts and the U.S. strik...
Reuters
Fri, Jun 27
GRAINS-Chicago corn, soybeans recover from multi-month lows
Corn and soybeans rebound off previous lowsWheat ticks higher on technical tradingBy Heather Schlitz CHICAGO, June 27 (Reuters) - Chicago corn and soybean futures rose on Friday from multi-month lows, supported by short covering and a weakening dollar, analysts said.Grain market participants were...
Reuters
Fri, Jun 27
UK stocks join global rally on optimism over trade, interest rate path
FTSE 100 up 0.7%, FTSE 250 rises 1.1%JD Sports gains on upbeat Nike forecastFTSE 250 touches 3-yr closing high June 27 (Reuters) - The main UK stock indexes climbed on Friday, with midcaps closing at an over three-year high, driven by global optimism over earnings, trade policies and easy mo...
Reuters
Fri, Jun 27
With a 63-Year History of Dividend Hikes, It's a King Among Kings
It has been a turbulent year for markets. Investors are concerned about the state of the economy. And ongoing geopolitical tensions don't help alleviate worries. In this type of environment, it might be difficult to find places to invest your hard-earned savings.During uncertain times, which is the ...
The Motley Fool
Fri, Jun 27
The Best AI Stock Today Isn't Nvidia or Palantir, and Shares Are Soaring
Shares of Nvidia and Palantir Technologies have surged in phenomenal fashion in the past two years or so amid the rapidly growing adoption of artificial intelligence (AI) technology across the globe.While Nvidia stock has jumped an impressive 886% since the beginning of 2023, Palantir has witnessed ...
The Motley Fool
Fri, Jun 27
Wall St Week Ahead-Investors eye US jobs data as stocks hit record highs
Monthly US jobs report due on Thursday in holiday-shortened weekS&P 500, Nasdaq Composite reach record highs on FridayDeadline for fiscal bill also in focusBets rising on Fed rate cuts over next year By Lewis Krauskopf NEW YORK, June 27 (Reuters) - Investors who have been captivated by re...
Reuters
Fri, Jun 27
Morgan Stanley raises PT on Acuity Brands, reiterates 'overweight' rating
** Morgan Stanley raises PT on lighting products maker Acuity Brands AYI.N to $365 from $335, which is about 20% upside on stock's last close; reiterates "overweight" rating** Brokerage sees AYI as competitively advantaged over low-cost Chinese competitors, supporting pricing power and s...
Reuters
Fri, Jun 27
Warner Bros Discovery rises on securing $17 billion bridge loan
** Warner Bros Discovery's WBD.O shares rise 3% to $11.5** Company said in a filing late Thursday it has secured a $17 billion bridge loan facility, ahead of its major strategic separation** Early in June, WBD announced plans to separate into two companies — one focusing on streaming and studios...
Reuters
Fri, Jun 27
Carnival's Success, Circle Internet Group's Rise, and More
In this podcast, Motley Fool analyst Asit Sharma and host Mary Long discuss:The housing market slowdown, and where prices go from here.How Carnival rides the waves of uncertainty.Circle Internet Group's meteoric rise.Diworsification at a watch company.To catch full episodes of all The Motley Fool's ...
The Motley Fool
Fri, Jun 27
LIVE MARKETS-Optimism increases a little - AAII
S&P 500, Nasdaq hit record highs, Dow leads gains up >1%Industrials leads S&P 500 sector gainers; energy sole declinerSTOXX 600 rises >1%Dollar edges red, gold off >1%, bitcoin dips, crude ~flatU.S. 10-year Treasury yield near unchanged at ~4.25%Welcome to the home for real-time cov...
Reuters
Fri, Jun 27
Gilead, cancer test makers up after U.S. top court ruling on preventative coverage
** Shares of Gilead Sciences GILD.O rise 2.8% to $110.62 ** U.S. Supreme Court rules in favor of Obamacare preventive care task force ** The task force helps guarantee that health insurers cover preventive care such as cancer screenings at no cost to patients** Cancer test makers such as Exact Scien...
Reuters
Fri, Jun 27
QuantumScape Stock Soared Over 60% Higher This Week, and There Might Be More to Come
QuantumScape (NYSE: QS) is working to revolutionize the electric vehicle (EV) battery category. Its solid-state lithium-metal battery technology hasn't been commercialized, and its benefits haven't yet been proven beyond the laboratory.But the company hit one major development milestone this week, a...
The Motley Fool
Fri, Jun 27
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