News
Important Only
Altimmune shares slump as weight-loss drug's fatty liver trial data disappoints
By Puyaan SinghJune 26 (Reuters) - Altimmune ALT.O shares cratered more than 50% on Thursday after its experimental obesity drug did not significantly improve liver scarring in patients with fatty liver disease in a mid-stage trial.Many of the popular newer diabetes and weight-loss drugs are being t...Reuters
Thu, Jun 26
Want $1 Million in Retirement? Invest $100,000 in These 3 Stocks and Wait a Decade.
Technology stocks have been the success story of Wall Street for years now. It's not that other sectors can't make you money, but let's face it -- the modern world is driven by technology. Since the internet arrived, innovation and growth have gone hand in hand, and that's likely to continue with ar...The Motley Fool
Thu, Jun 26
Jefferson Capital set to open higher in Nasdaq debut after $150 million IPO
** Consumer debt buyer Jefferson Capital JCAP.O set to open above offer price in Nasdaq debut ** Stock indicated to open at $21 apiece vs $15 IPO price** The company and some of its backers raised $150 million by selling 10 million shares at the low end of its marketed range of $15 to $17 ** Jeffers...Reuters
Thu, Jun 26
US STOCKS-S&P 500, Nasdaq near record highs as rate-cut bets creep up
Indexes up: Dow 0.35%, S&P 500 0.39%, Nasdaq 0.42%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 headed toward record highs on Thursday, as President Donald Trump's growing frustr...Reuters
Thu, Jun 26
EMERGING MARKETS-Latam FX gain as Trump mulls Fed chair replacement, stocks higher
Brazilian inflation slows in early June Dollar slips on Fed's independence concernsMexico rate decision expected MSCI Latam FX up 0.4%, stocks gain 0.9%By Ragini Mathur and Purvi Agarwal June 26 (Reuters) - Most Latin American currencies edged higher on Thursday as the dollar tumbled after U....Reuters
Thu, Jun 26
Coinbase shares hit highest since debut after Oppenheimer raises PT
** Shares of U.S. crypto exchange Coinbase COIN.O rise 4.8% to $372, touching their highest since market debut in 2021** Brokerage Oppenheimer raises PT to $395 from $293; implying an 11% upside on the stock's last closing price** "We expect more innovation, more partnership between traditio...Reuters
Thu, Jun 26
LIVE MARKETS-S&P 500, Nasdaq nearing records again
Wall Street indexes higherMaterials lead S&P 500 sector gainers; real estate down most STOXX 600 up about 0.2%Dollar, gold dip; crude rises ~1.6%, bitcoin edges downUS 10-year Treasury yield down at about 4.27%Welcome to the home for real-time coverage of markets brought to you by Reuters report...Reuters
Thu, Jun 26
Nature's Sunshine Products plunges after $34 million secondary offering
** Shares of dietary supplements maker Nature's Sunshine Products NATR.O fall as much as 9.8%; last down 6.1% at $13.93** Lehi, Utah-based NATR announces pricing of secondary offering of ~2.9 million shares sold by Fosun Pharma USA at $12 apiece for gross proceeds of $34.3 million** Offering pri...Reuters
Thu, Jun 26
Energy stocks gain as investors shift focus to demand signals
** Shares of energy companies rise, tracking gains in crude prices O/R** Brent crude futures LCOc1 up 1% at $68.36/barrel; U.S. West Texas Intermediate crude CLc1 rise 1.2% to $65.71/barrel** Oil prices gain as investors remained cautious about the Iran-Israel ceasefire and shifted their attention t...Reuters
Thu, Jun 26
Lindsay beats Q3 operating profit estimates, shares hit over 2-year high
OverviewLindsay fiscal Q3 revenue rises 22%, beating analyst expectations, per LSEG dataOperating income for fiscal Q3 beats estimates, rising 19%, per LSEG dataInternational irrigation revenues increase 60%, driven by large project in MENA region Shares rise over 5% to $145, highest in more than 2 ...Reuters
Thu, Jun 26
McCormick rises after quarterly profit beat
** Shares of McCormick MKC.N rise as much as 6.1% to more than two-month high of $78.16** Stock set for its best day since March 2024, if gains hold** Reports Q2 adjusted EPS of 69 cents vs estimates of 66 cents** Posts net sales of $1.66 billion, in line with analysts' avg. estimate - data comp...Reuters
Thu, Jun 26
Citi chief Jane Fraser's strategy has likely given the bank 'fighting chance'- BofA
** Citigroup C.N CEO Jane Fraser's business strategy has given the third largest U.S. lender a chance to be competitive, BofA Global Research says** BofA lifts C's PT to $100 from $89, the only third brokerage to have a $100 or above PT after Oppenheimer and Wells Fargo among 22 analysts cov...Reuters
Thu, Jun 26
Bond giant PIMCO sees emerging markets in 'Goldilocks' moment
"Early innings" in shift toward U.S. outflowsInvestors willing to embrace dollar depreciation storyPIMCO "very constructive" on emerging markets as asset classBy Rodrigo Campos and Marc Jones June 26 (Reuters) - Emerging markets are enjoying a "Goldilocks" moment, heavywei...Reuters
Thu, Jun 26
Top Calls on Wall Street: Nvidia, Apple, Broadcom, Micron, Microsoft, Amazon and More
Here are Thursday’s biggest calls on Wall Street:KeyBanc initiates Cisco as overweightKey said Cisco has a long runway for growth.“We have seen product order growth remain healthy for several quarters in a row, which bodes well for 2026/2027 revenue growth expectations. In addition, we think the sub...Tiger News
Thu, Jun 26
Is The Trade Desk Stock a Buy Now?
The Trade Desk (NASDAQ: TTD) has taken a big beating on the stock market so far this year, losing 41% of its value as of this writing, due to concerns about a slowdown in the company's growth. Investors pressed the panic button in February when the company reported lower-than-expected revenue for Q4...The Motley Fool
Thu, Jun 26
McCormick Heats Up Consumer Sales in Q2
Here's our initial take on McCormick's (NYSE: MKC) fiscal 2025 second-quarter results.Key MetricsMetricQ2 FY24Q2 FY25Changevs. ExpectationsRevenue$1.64 billion$1.66 billion 1.2%MetEarnings per share (Adj)$0.69$0.69unch.BeatOperating income$234.1 million$245.8 million5%n/aGross margin37.7%37.5%-20 bp...The Motley Fool
Thu, Jun 26
Why Enphase Stock Is Soaring Today
Congress apparently is having second thoughts about ending tax credits for rooftop solar. That talk is giving solar stocks a charge, with Enphase Energy (NASDAQ: ENPH) up 10% as of 10 a.m. ET.Image source: Getty Images.Where to invest $1,000 right now? Our analyst team just revealed what they believ...The Motley Fool
Thu, Jun 26
Want Decades of Passive Income? Buy This ETF and Hold It Forever.
Investors should always diversify their portfolios, but it's absolutely crucial when it comes to dividend stocks. It would be a nightmare scenario if something happened to a stock that you depended on for a significant chunk of your investment income.Fortunately, exchange-traded funds (ETFs) make di...The Motley Fool
Thu, Jun 26
