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US STOCKS-Wall Street ends higher, S&P 500, Nasdaq approach record highs on rising rate cut hopes
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 Street closed higher on Thursday, nudging the S&P...Reuters
Thu, Jun 26
Pony AI rises on report of potential buyout by Travis Kalanick, Uber
** Shares of robotaxi company Pony AI PONY.O climb ~10% to $14.31 ** Uber UBER.N is in talks with its founder and former CEO Travis Kalanick to fund his acquisition of PONY's U.S. arm, according to a report from the New York Times Dealbook** Kalanick would run Pony if the deal is completed - rep...Reuters
Thu, Jun 26
Edgewise Therapeutics falls after mid-stage study data found insufficient for accelerated approval
** Shares of biopharma company Edgewise Therapeutics EWTX.O fall as much as 9.7% to a near two-month low of $12.15** EWTX says its experimental drug showed sustained disease stabilization, up to three years, in a mid-stage study to treat two types of rare genetic disorders ** Becker and Duchenne mus...Reuters
Thu, Jun 26
ANALYSIS-Market bets on a more dovish Fed as Trump eyes Powell's replacement
Market expects more rate cuts than projected by FedInvestors speculate Fed policy may turn more dovish when Powell is replacedThey warn against overestimating next Fed chief's ability to deliver rate cutsBy Saqib Iqbal Ahmed NEW YORK, June 26 (Reuters) - The gulf between where the Federal Res...Reuters
Thu, Jun 26
Morningstar raises fair value estimate for Australia's NEXTDC on contract wins
** Morningstar raises fair value estimate for data centre operator NEXTDC NXT.AX to A$15 from A$14 on new contract wins** In early June, co said its contracted utilisation as at 31 May 2025 increased by 7% to 244 mw since its last update** Co also increased its FY25 CAPEX guidance by A$100 million (...Reuters
Thu, Jun 26
US STOCKS-S&P 500, Nasdaq inch toward record highs on rising rate cut hopes
Indexes up: Dow 0.86%, S&P 500 0.77%, Nasdaq 0.94%Bank stocks rise as Fed proposes relaxed leverage rulesEconomic data shows mixed signals with durable goods orders up, GDP downNike rises ahead of quarterly resultsBy Stephen Culp NEW YORK, June 26 (Reuters) - Wall Street resumed its advance o...Reuters
Thu, Jun 26
Why Winmark Stock Is Slipping Today
Winmark (NASDAQ: WINA), the innovative retailer of used toys and clothing best known for its Once Upon a Child and Plato's Closet stores, is seeing some stock selling this morning as its shares tumbled 2% through 12:45 p.m. ET.And why is this happening? It's never 100% certain, but my hunch is that ...The Motley Fool
Thu, Jun 26
Why Winmark Stock Plummeted This Week
Shares of leading resale goods franchisor Winmark (NASDAQ: WINA) were down 16% this week as of 12:30 p.m. ET Thursday, according to data provided by S&P Global Market Intelligence.As of this writing, there appears to be no direct Winmark-related news causing the steady decline in share price. While ...The Motley Fool
Thu, Jun 26
Why Indie Semiconductor Rallied This Week
Shares of Indie Semiconductor (NASDAQ: INDI) rallied this week, up 17.7% as of 12:21 p.m. ET on Thursday, according to data from S&P Global Market Intelligence.Small-cap stocks often have larger potential upside than their larger-cap peers, merely because of their size and room to grow. The flip sid...The Motley Fool
Thu, Jun 26
Checking In on the Economy and Some Stocks Worth Watching
In this podcast, Motley Fool senior analysts Asit Sharma and David Meier join host Ricky Mulvey to discuss:The latest Fed meeting, and what Jerome Powell is watching.What AI means for a consulting giant.Earnings from Kroger and Darden Restaurants.Two stocks worth watching: Ferrari and Cava.Motley Fo...The Motley Fool
Thu, Jun 26
Dinari granted first broker-dealer registration to offer tokenized stocks
Dinari is first tokenized equity platform to get US approvalCoinbase, Kraken also exploring blockchain-based stocksProponents say tokenized stocks could reduce trading costsBy Hannah Lang June 26 (Reuters) - Dinari, a startup that offers blockchain-based U.S. stocks, has secured a broker-dealer r...Reuters
Thu, Jun 26
Why Circle Internet Stock Is Soaring Today
Shares of Circle Internet Group (NYSE: CRCL) are rising today, up 10.8% as of 1:39 p.m. ET. The jump comes as the S&P 500 (SNPINDEX: ^GSPC) and Nasdaq Composite (NASDAQINDEX: ^IXIC) were up 0.7% and 0.8%, respectively.The company, which went public earlier this month, is the sole issuer of USDC, one...The Motley Fool
Thu, Jun 26
Why This Weight Loss Drug Company's Stock Surged Today
Shares in biopharmaceutical company Viking Therapeutics (NASDAQ: VKTX) were up by 6.3% at 12:30 a.m. ET today. The move likely stems from the market digesting the previous day's news that Viking had initiated a phase 3 trial of its most promising program in its pipeline, namely VK2375, a treatment f...The Motley Fool
Thu, Jun 26
Why BlackSky Technology Stock Popped Today
Shares of BlackSky Technology (NYSE: BKSY), one of the leading providers of digital satellite photos of Earth from space, rocketed 18.9% through 12:35 p.m. ET Thursday on a couple of positive developments.On Tuesday, BlackSky announced the National Geospatial-Intelligence Agency (NGA) awarded the co...The Motley Fool
Thu, Jun 26
Walgreens tops quarterly profit estimates as Sycamore deal nears completion
By Mariam Sunny and Padmanabhan Ananthan June 26 (Reuters) - Walgreens Boots Alliance WBA.O, which is being taken private by Sycamore Partners, beat analysts' estimates for third-quarter profit on Thursday, helped by cost-cutting measures such as store closures.The strong earnings underscore ...Reuters
Thu, Jun 26
LIVE MARKETS-NYC's housing problems in view as Mamdani wins primary
Wall Street indexes higher Comms svcs leads S&P 500 sector gainers; real estate down most Dollar, bitcoin dip; gold edges up, crude rises ~1% US 10-year Treasury yield down at about 4.26%Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share you...Reuters
Thu, Jun 26
European stocks muted as investors gauge US interest rate outlook
STOXX 600 up 0.09%European defence shares rise EU to canvass leaders at summit on resolving U.S. tariff conflictBy Sukriti Gupta, Sanchayaita Roy and Pranav Kashyap June 26 (Reuters) - European stocks seesawed throughout Thursday before closing largely flat, as investors weighed the latest signa...Reuters
Thu, Jun 26
PREVIEW: Nike stock climbs as investors focus on falling sales
** Nike NKE shares climbing 1.3% on Thurs ahead of qtrly results after the bell, with low expectations from investors as the sports brand struggles with falling sales and competition from trendier rivals** Analysts expect qtrly rev down 15% to $10.72 bln, with adjusted EPS seen at $0.13 vs $1.01 yr-...Reuters
Thu, Jun 26
Incyte appoints Bill Meury as CEO, shares rise
** Shares of drugmaker Incyte INCY.O rise as much as 4.4% to a 4-month high of $71.50 ** INCY says it has appointed Bill Meury as CEO, effective immediately** Meury replaces Hervé Hoppenot, who has been in the role since 2014 and will retire, co says** Brokerage William Blair says "the leadershi...Reuters
Thu, Jun 26
