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Why AI Stock Jabil Crushed the Market on Tuesday
The intense take-up of artificial intelligence (AI) has been a powerful motor driving contract electronics manufacturer Jabil (NYSE: JBL) lately. It also helped power the company's latest quarterly results, which were published Tuesday morning. Investors very much liked what they saw in the numbers,...The Motley Fool
Tue, Jun 17
Why First Solar Stock Dived by Almost 18% Today
Many parts of the U.S. were sunny on Tuesday, but that happy situation didn't extend metaphorically to solar energy stocks. Quite a few took major hits that trading session on the latest developments in the legislative sphere. One of the industry's victims was First Solar (NASDAQ: FSLR), which went ...The Motley Fool
Tue, Jun 17
Why John Wiley & Sons Stock Triumphed on Tuesday
To crib a quote from a great author, the demise of physical media is greatly exaggerated. That was the feeling many investors had with book publisher John Wiley & Sons' (NYSE: WLY) stock on Tuesday. The company reported earnings that trounced analyst estimates and was rewarded with a 10% share-price...The Motley Fool
Tue, Jun 17
Hasbro rises after report of 3% workforce reduction
** Shares of toymaker Hasbro HAS.O rise 2.3% to $69.1 in extended trading ** The company has cut 3% of its global workforce in a bid to cut costs amid higher tariffs, the Wall Street Journal reported** The job cuts are part of the latest round of a multi-year restructuring at the maker of Monopoly b...Reuters
Tue, Jun 17
Why AES Corporation Plunged Today
Shares of solar and wind-power producer AES Corporation (NYSE: AES) plunged 8.2% on Tuesday after the Senate Finance Committee crafting the new budget bill released details of the proposal.Industry participants had held out hope that the very quick elimination of solar and wind tax credits in the Ho...The Motley Fool
Tue, Jun 17
Why Lockheed Martin Stock Zoomed Higher Today
News of a strengthened business tie-up with an important partner overseas gave some lift to Lockheed Martin (NYSE: LMT) stock on Tuesday. The defense company went on the offense, with its shares climbing to a nearly 3% gain on the day. That looked particularly good next to the S&P 500 index, which s...The Motley Fool
Tue, Jun 17
La-Z-Boy Inc reports results for the quarter ended April 30 - Earnings Summary
La-Z-Boy Inc LZB.N reported quarterly adjusted earnings of 92 cents per share for the quarter ended April 30, lower than the same quarter last year, when the company reported EPS of 95 cents. The mean expectation of three analysts for the quarter was for earnings of 93 cents per share. Wall Stree...Reuters
Tue, Jun 17
GLOBAL MARKETS-Conflict concerns weigh on indexes, bolster oil and US debt
Oil prices rise more than 4% on Iran-Israel fightingTrump says Iranian leader is safe "for now"Lack of trade agreements at G7 disappointFed expected to hold rates, Chair's comments in focusU.S. Treasury yields fall on flight to safetyBy Isla Binnie NEW YORK, June 17 (Reuters) - Wall S...Reuters
Tue, Jun 17
Why Remitly Global Stock Finished Up Almost 6% Today
Shares of Remitly Global (NASDAQ: RELY) finished higher Tuesday on signs that the "Big, Beautiful Bill" moving through Congress could be less burdensome than initially expected, as one Wall Street analyst pointed out, after Senate revisions to the bill.As a result, shares of Remitly, which facilitat...The Motley Fool
Tue, Jun 17
US STOCKS-Indexes end lower as Israel-Iran fighting raises investor anxiety
Solar stocks drop as US Senate proposes to phase out tax creditsEli Lilly to acquire Verve Therapeutics for up to $1.3 blnRetail sales post biggest drop in four months in MayIndexes: Dow down 0.7%, S&P 500 down 0.8%, Nasdaq down 0.9%By Caroline Valetkevitch NEW YORK, June 17 (Reuters) - U.S. ...Reuters
Tue, Jun 17
Beyond Air Inc reports results for the quarter ended March 31 - Earnings Summary
Beyond Air Inc XAIR.OQ reported a quarterly adjusted loss of 9 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -36 cents. The mean expectation of five analysts for the quarter was for a loss of 12 cents per share. Wall Stree...Reuters
Tue, Jun 17
TRADING DAY-Escalation fuels trepidation
By Jamie McGeever ORLANDO, Florida, June 17 (Reuters) - TRADING DAYMaking sense of the forces driving global marketsBy Jamie McGeever, Markets Columnist A fifth day of war between Israel and Iran pushed oil prices higher and world stocks lower on Tuesday, as investors also digested some weak...Reuters
Tue, Jun 17
Biomea Fusion tumbles on planned equity offering
** Biomea Fusion's BMEA.O shares down 25% to $2.10 in extended trading as co seeks equity raise** Clinical-stage diabetes and obesity drug developer announces offering of stock-and-warrants; targeted raise not disclosed** Jefferies sole bookrunner for proposed offering** BMEA shares on Tues clos...Reuters
Tue, Jun 17
Bitdeer slides after unveiling $300 mln convertible bond offering
** Shares of bitcoin miner Bitdeer Technologies BTDR.O down 8.5% post-market at $11.62 as it looks to raise capital** Singapore-based firm offering privately $300 mln convertible bonds (CBs) due 2031** It plans to use portion of net proceeds to pay cost of zero-strike calls, remainder for datacenter...Reuters
Tue, Jun 17
CANADA STOCKS-TSX closes down 27.22 points amid Mideast tensions, energy stocks gain
By Ragini Mathur June 17 (Reuters) - Canada's main stock index fell on Tuesday, as investors' worries over the ripple effect of the Israel-Iran conflict pushed up energy shares, leaving other sectors lagging. The S&P/TSX composite index .GSPTSE closed down 0.10% at 26541.39. points. T...Reuters
Tue, Jun 17
GRAINS-Soybeans end higher, supported by crude oil; wheat rises, corn mixed
Soybeans follow crude oil; Midwest crop weather uncertaintySoyoil pauses after sharp two-day rallyWheat higher on slow US winter wheat harvest, short-coveringBy Julie Ingwersen CHICAGO, June 17 (Reuters) - Chicago Board of Trade soybean futures closed higher on Tuesday, supported by rising crude ...Reuters
Tue, Jun 17
LIVE MARKETS-Wall Street ends lower on Israel-Iran tensions, sour data; Your move, Fed
Main US indexes decline; Nasdaq down 0.9%Healthcare weakest S&P sector; Energy sole gainerDollar rallies; crude up >4.5%; gold ~flat; bitcoin down >3.5%US 10-Year Treasury yield falls to ~4.39%Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You ca...Reuters
Tue, Jun 17
EMERGING MARKETS-Latam assets cautious amid Middle East jitters; Chile's rate decision looms
Latam FX down 0.3%, stocks down 0.9%Chile's interest rate decision later in the dayHungary approves Orban's 2026 budget with tax cuts By Nikhil Sharma and Pranav Kashyap June 17 (Reuters) - Latin American assets traded lower on Tuesday, as caution prevailed with the Israel-Iran conflict e...Reuters
Tue, Jun 17
US STOCKS-Indexes end lower as conflict between Israel and Iran adds caution
Solar stocks down as Senate proposes to phase out tax creditsEli Lilly to acquire Verve Therapeutics for up to $1.3 blnRetail sales post biggest drop in four months in MayBy Caroline Valetkevitch NEW YORK, June 17 (Reuters) - U.S. stocks ended lower on Tuesday as the Israel-Iran conflict raged on...Reuters
Tue, Jun 17
