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These 3 Tech Stocks Are Unstoppable Monsters
In the grand scheme of things, modern technology is only now beginning to hit its stride. The internet is only a few decades old.Technological innovation has accelerated significantly since the early 2000s, with the internet playing a pivotal role in paving the way for cloud computing. Now, artifici...The Motley Fool
Thu, Jun 26
Why Shares in This Data Center REIT Slumped Today
Shares in data center company and real estate investment trust (REIT) Equinix (NASDAQ: EQIX) were lower by nearly 10% by noon ET today. The decline comes after a slew of Wall Street analysts downgraded the stock the day after its analyst day presentation.Here's what the investment community is worri...The Motley Fool
Thu, Jun 26
Shake Shack climbs after multiple brokerages raise PT on strong performance
** Shares of fast-food chain operator Shake Shack SHAK.N up about 3% at $138.03 after multiple brokerages raise PT** Brokerage Oppenheimer raises PT to $160 from $125, citing "best performance" among growth peers** We see strong near-term benefits in sales and margins, with long-term growth ...Reuters
Thu, Jun 26
Why McCormick Stock Jumped Today
Spice maker McCormick & Co. (NYSE: MKC) just reported a solid second quarter and told investors it is well positioned to mitigate the current tariff environment. That helped send shares higher Thursday.After jumping more than 6%, McCormick stock was trading higher by 5.1% as of 11:38 a.m. ET. That c...The Motley Fool
Thu, Jun 26
UK midcaps close at 10-month high with focus on earnings, rate path
FTSE 100 rises 0.2%, FTSE 250 gains 0.8%Shell denies report on bid for BPMoonpig falls after forecasting slower growthInchcape rises on maintaining full-year outlook June 26 (Reuters) - The UK's main stock indexes rose on Thursday, with midcaps closing at a 10-month high as investors dige...Reuters
Thu, Jun 26
LIVE MARKETS-If the S&P 500 hits the record, then what?
Wall Street indexes higher Energy leads S&P 500 sector gainers; real estate down most STOXX 600 rises 0.09%Dollar, gold, bitcoin dip; crude rises >1% US 10-year Treasury yield down at about 4.27%Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can...Reuters
Thu, Jun 26
US STOCKS-S&P 500, Nasdaq near record highs as rate-cut bets creep up
Indexes up: Dow 0.67%, S&P 500 0.61%, Nasdaq 0.64%Nike rises ahead of quarterly resultsUS economy contracts 0.5% in Q1By Kanchana Chakravarty and Nikhil Sharma June 26 (Reuters) - The S&P 500 and Nasdaq were headed toward record highs on Thursday, as President Donald Trump's growing f...Reuters
Thu, Jun 26
Equinix falls on weak revenue growth forecast
** Equinix EQIX.O shares fall 9.4% to $746.6 ** Co forecasts revenue growth below expectations and projects heavy investments to cater to AI demand in the long term** Peers Iron Mountain IRM.N down 5%, Digital Realty DLR.N off 3.7%, Core Scientific CORZ.O dips 2%** Company now sees annual profit ris...Reuters
Thu, Jun 26
Equinix shares fall as revenue, capital spending forecast disappoint investors
June 26 (Reuters) - Equinix's shares EQIX.O fell 8% on Thursday after the data center firm forecast revenue growth below expectations and projected heavy investments to cater to AI demand in the long term.The company plans to double its current capacity over the next five years to capitalize on ...Reuters
Thu, Jun 26
U.S. STOCKS ON THE MOVE-McCormick, Amer Sports, energy stocks
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8The S&P 500 and Nasdaq headed toward record highs on Thursday, as President Donald Trump's growing frustration with the Federal Reserve's wait-and-watch stance on cutting interes...Reuters
Thu, Jun 26
Altimmune set for worst day ever after underwhelming data for liver disease drug
** Shares of drug developer Altimmune ALT.O fall as much as 62.4% to a near two-year low of $2.90** Stock set for its biggest one-day pct. drop ever, if losses hold** Co says its experimental obesity drug, pemvidutide, helped patients with a type of fatty liver disease achieve disease resolution wi...Reuters
Thu, Jun 26
AeroVironment jumps as Jefferies lifts PT to Street-high
** Shares of drone maker AeroVironment AVAV.O surge 12% to $264** Jefferies raises price target to $275 from $190, its highest PT on the co since initiation of coverage** The new PT is an upside of 17% from its last close, rating unchanged at 'buy'** Co's shares rose as much as 29.3% to ...Reuters
Thu, Jun 26
Barclays, ex-CEO Staley must face US shareholder lawsuit over Jeffrey Epstein ties
By Jonathan Stempel NEW YORK, June 26 (Reuters) - Barclays BARC.L and former Chief Executive Jes Staley must face a lawsuit in Los Angeles claiming they defrauded shareholders about Staley's close ties to the disgraced late financier Jeffrey Epstein.U.S. District Judge Maame Ewusi-Mensah Frim...Reuters
Thu, Jun 26
Debt collector Jefferson Capital valued at $1.2 billion in strong Nasdaq debut
By Prakhar Srivastava June 26 (Reuters) - Private equity-backed Jefferson Capital JCAP.O has secured a valuation of $1.2 billion after its shares rose 26.7% in their Nasdaq debut on Thursday, signaling a steady recovery in investor appetite for listings with strong fundamentals. The consu...Reuters
Thu, Jun 26
LIVE MARKETS-Data soup: GDP, durable goods, jobless claims, pending home sales, et al
Wall Street indexes higherComms svcs lead S&P 500 sector gainers; real estate down most STOXX 600 up ~0.1%Dollar, gold, bitcoin dip; crude rises ~2% US 10-year Treasury yield down at about 4.28%Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can sha...Reuters
Thu, Jun 26
Corebridge hits record high after $2.8 billion reinsurance deal to cut risk
** Life insurance firm Corebridge Financial's CRBG.N shares jump as much as 7.3%, hitting a record high** CRBG will reinsurance $51 billion of variable annuities in its individual retirement business to Pennsylvania-based Venerable in a $2.8 billion deal** Transaction will generate about $2.1 bi...Reuters
Thu, Jun 26
Canada's Corus Entertainment forecasts Q4 TV ad revenue to fall 20%; shares down 9%
OverviewCorus fiscal Q3 revenue falls 10% yr/yr, missing analyst expectations, per LSEG dataAdjusted net income beat analyst estimates, loss per share smaller than expected, per LSEG dataCompany focuses on cost reduction and strong programming lineup for growthExpects Q4 TV ad revenue to decline 20%...Reuters
Thu, Jun 26
CANADA STOCKS-TSX inches up as mining shares rise; Fed independence in focus
By Twesha Dikshit and Sukriti Gupta June 26 (Reuters) - Canada's main stock index edged higher on Thursday, helped by gains in heavyweight mining shares, while investors weighed U.S. President Donald Trump's latest criticism of the Federal Reserve Chair that revived worries over the c...Reuters
Thu, Jun 26
South African rand volatile as investors react to US data, domestic politics
JOHANNESBURG, June 26 (Reuters) - The South African rand was flat in choppy Thursday trading as investors reacted to key U.S. economic indicators and the removal of a South African deputy trade minister.At 1432 GMT, the rand traded at 17.7325 against the dollar ZAR=D3, roughly in line with Wednesday...Reuters
Thu, Jun 26
