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Bessent asks lawmakers to rid US budget bill of Trump's retaliatory tax plan after G7 deal
Bessent says G7 countries will announce 'joint understanding'G7 deal limits fallout after Trump quit Biden's OECD tax pactUS firms faced foreign levies under 15% global minimum taxRepublicans in Congress aim for tax bill vote as early as SaturdayBy David Lawder and Bhargav Acharya Jun...Reuters
Thu, Jun 26
Why Parsons Stock Raced 4% Higher Today
Defense stock Parsons (NYSE: PSN) was a stock market winner on Thursday. The second-to-last day of the trading week saw the company's share price improve by 4% thanks in no small part to a positive analyst note. That little pop was sufficient to convincingly beat the S&P 500 index's 0.8% Thursday ga...The Motley Fool
Thu, Jun 26
Why QuantumScape Stock Skyrocketed 35% Today
Shares of QuantumScape (NYSE: QS) finished the day up 35%. The jump comes as the S&P 500 (SNPINDEX: ^GSPC) and Nasdaq Composite (NASDAQINDEX: ^IXIC) gained 0.8% and 1%, respectively.QuantumScape announces Cobra is hereQuantumScape stock is continuing its run-up following a major announcement earlier...The Motley Fool
Thu, Jun 26
GLOBAL MARKETS-Stocks hit fresh record, dollar weakens to lowest in three years amid Fed worries
Trump mulls choosing successor to Powell early S&P and Nasdaq finish near record highsOil prices notch second straight session of gainsGold prices settle higher as U.S. dollar fallsBy Chibuike Oguh and Marc Jones NEW YORK/LONDON, June 26 (Reuters) - Global shares hit their third record hi...Reuters
Thu, Jun 26
Enerpac Tool Group Corp reports results for the quarter ended May 31 - Earnings Summary
Enerpac Tool Group Corp EPAC.N reported quarterly adjusted earnings of 51 cents per share for the quarter ended May 31, higher than the same quarter last year, when the company reported EPS of 47 cents. The lone analyst forecast for the quarter was for earnings of 47 cents per share. Revenue rose...Reuters
Thu, Jun 26
Concentrix Corp reports results for the quarter ended May 31 - Earnings Summary
Concentrix Corp CNXC.OQ reported quarterly adjusted earnings of $2.70 per share for the quarter ended May 31, higher than the same quarter last year, when the company reported EPS of $2.69. The mean expectation of five analysts for the quarter was for earnings of $2.75 per share. Wall Street expe...Reuters
Thu, Jun 26
Nike Inc reports results for the quarter ended May 31 - Earnings Summary
Nike Inc NKE.N reported quarterly adjusted earnings of 14 cents per share for the quarter ended May 31, lower than the same quarter last year, when the company reported EPS of $1.01. The mean expectation of twenty seven analysts for the quarter was for earnings of 13 cents per share. Wall Street ...Reuters
Thu, Jun 26
American Outdoor Brands Inc reports results for the quarter ended April 30 - Earnings Summary
American Outdoor Brands Inc AOUT.OQ reported quarterly adjusted earnings of 13 cents per share for the quarter ended April 30, higher than the same quarter last year, when the company reported breakeven earnings per share. The mean expectation of two analysts for the quarter was for a loss of 11 ...Reuters
Thu, Jun 26
TRADING DAY-Markets 'run it hot'
ORLANDO, Florida, June 26 (Reuters) - TRADING DAYMaking sense of the forces driving global marketsBy Jamie McGeever, Markets Columnist The dollar slid and stocks surged on Thursday as investors ramped up bets that U.S. interest rates will soon be cut, after President Donald Trump, in his latest atta...Reuters
Thu, Jun 26
US demand for China-made goods ebbs on tariff worries; ocean shipping rates drop
Drewry's World Container Index drops 9% for second weekShangai-US West Coast shipping rates dive to $2,500 from $6,000US Fed Chief Powell sees tariff inflation starting this summerBy Lisa Baertlein LOS ANGELES, June 26(Reuters) - Rates for shipping cargo containers from China to the U.S. ...Reuters
Thu, Jun 26
Achieve Life Sciences drops on equity raise plans
** Shares of Achieve Life Sciences ACHV.O down 11.7% in extended trading to $3.10 after news of potential equity raise** Seattle-based co announces offering of shares and warrants without disclosing targeted raise** It intends to use net offering proceeds to fund continued advancement of cytisinicli...Reuters
Thu, Jun 26
US STOCKS-Wall Street ends higher on rate cuts, S&P 500, Nasdaq miss record highs
Indexes up: Dow 0.94%, S&P 500 0.80%, Nasdaq 0.97%Bank stocks rise as Fed proposes relaxed leverage rulesEconomic data shows mixed signals with durable goods orders up, GDP downRecord copper prices send Freeport-McMoRan, Southern Copper higherBy Stephen Culp NEW YORK, June 26 (Reuters) - Wall...Reuters
Thu, Jun 26
LIVE MARKETS-Little engines that thought they could but, not yet
Wall Street indexes end higher, fall short of records Comms svcs leads S&P 500 sector gainers; real estate down most Dollar, bitcoin dip; gold edges red, US crude settles up 0.5% US 10-year Treasury yield down at about 4.25%Welcome to the home for real-time coverage of markets brought to you by ...Reuters
Thu, Jun 26
CorMedix falls after unveiling $85 mln stock offering
** CorMedix's CRMD.O shares down 10.4% post-market to $13.40 as co looks to raise equity ** Berkeley Heights, New Jersey-based biopharma announces $85 mln stock offering with RBC as sole bookrunner ** It intends to use net proceeds for general purposes, including working capital, R&am...Reuters
Thu, Jun 26
Why Shares of AeroVironment Are Flying Higher This Week
After dipping almost 3% lower last week, shares of AeroVironment (NASDAQ: AVAV) have steadily gained more altitude this week for a variety of reasons. For one, the market is responding kindly to the drone company's fourth-quarter 2025 financial results, which it released on Tuesday. An analyst's pos...The Motley Fool
Thu, Jun 26
Why Airbus Stock Popped Thursday
Airbus (OTC: EADSY) stock rose strongly on Thursday to close the day up 3.7%, on some disturbing news for a competitor. Over in England, the British Competition and Markets Authority is reportedly looking into Boeing's plan to (re-)acquire Spirit AeroSystems... with an eye to forbidding it. Image so...The Motley Fool
Thu, Jun 26
CANADA STOCKS-TSX notches record high as metal mining shares climb
TSX ends up 0.7% at 26,751.95,Eclipses Tuesday's record highMaterials group adds 1.7% as copper prices climbIndustrials rise 0.9%, financials add 0.8%By Fergal Smith June 26 (Reuters) - Canada's commodity-linked main stock index rose on Thursday to a record high as copper prices jumped an...Reuters
Thu, Jun 26
CORRECTED-GLOBAL MARKETS-Dollar sinks to 3-year low, stocks hits fresh record amid Fed worries
Trump pushing for rate cuts by Fed, mulls choosing successor to Powell early Stocks take breather after relief rally over Israel-Iran ceasefireOil prices on track for second straight session of gainsBy Marc Jones and Chibuike Oguh NEW YORK/LONDON, June 26 (Reuters) - The dollar sank to a more tha...Reuters
Thu, Jun 26
Why Duolingo Stock Plummeted This Week
Shares of the world's largest education app, Duolingo (NASDAQ: DUOL), were down 14% this week as of 2:30 p.m. ET Thursday, according to data provided by S&P Global Market Intelligence.The main reason for this decline came from a Jefferies analyst highlighting that Duolingo's daily active user (DAU) ...The Motley Fool
Thu, Jun 26
EMERGING MARKETS-Dollar stumbles after Trump's Fed attack; Brazil's real soars
Brazilian inflation slows in early June Dollar slips on concerns about Fed's independenceMexico rate decision expected MSCI Latam FX up 0.6%, stocks gain 1.5%By Ragini Mathur, Purvi Agarwal, Pranav Kashyap June 26 (Reuters) - Latin American currencies rose on Thursday, led by Brazil's rea...Reuters
Thu, Jun 26
