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LIVE MARKETS-US stocks rise on hopes for cooling Middle East tensions, focus turns to retail sales
Main US indexes advance; Nasdaq rises most, up ~1.5%Comm svcs lead S&P sector gainers; Utilities weakest groupDollar dips; gold off >1%; crude down >2%; bitcoin up >3.5%US 10-Year Treasury yield rises to ~4.45%Welcome to the home for real-time coverage of markets brought to you by Reute...
Reuters
Mon, Jun 16
Why TMC The Metals Company Rallied 29% Today
Shares of TMC The Metals Company (NASDAQ: TMC) rallied more than 29% on Monday as of market close.TMC garnered attention back in May when The Wall Street Journal highlighted the company's opportunity to mine the sea floor in the Pacific Ocean, after the Trump administration directed the National Oce...
The Motley Fool
Mon, Jun 16
US STOCKS-Equities end higher as oil prices pull back on truce hopes
Oil retreats after previous week's surgeU.S. Steel up as Trump approves $14.9 bln Nippon Steel bidFed expected to keep interest rates unchanged this weekBy Chuck Mikolajczak NEW YORK, June 16 (Reuters) - U.S. stocks closed higher on Monday, as oil prices retreated after the Israel-Iran attack...
Reuters
Mon, Jun 16
These 2 Growth Stocks Are No-Brainer Buys Right Now
When it comes to investing, sometimes you want to take a big swing. After all, it's not always the number of winners in your portfolio that power your returns, but finding a few stocks that can be massive winners over time.Let's look at two no-brainer growth stocks that fit that bill.Where to invest...
The Motley Fool
Mon, Jun 16
PREVIEW: Apple supplier Jabil seen reporting higher rev, EPS on Tues
** Shares of Jabil Inc JBL.N were up ~3% in late Mon trading, with the electronic component maker expected to report an increase in rev and EPS when it releases qrtrly results before the bell on Tues** Analysts expect Jabil, an Apple AAPL.O supplier, to report Q3 rev of $7.059 bln vs $6.765 bln in t...
Reuters
Mon, Jun 16
MGM Resorts shares rally after BetMGM venture's raised outlook
** Shares in casino operator MGM Resorts MGM.N rise 8% on Monday, for the stock's biggest one-day percentage gain since early April after BetMGM, its U.S. sports-betting joint venture with Entain ENT.L raised its annual revenue and core earnings forecast** The forecast pushed London-traded Enta...
Reuters
Mon, Jun 16
Why Quantum Computing Stock Is Skyrocketing Today
Quantum Computing (NASDAQ: QUBT) stock is seeing another day of explosive gains Monday. The company's share price was up 24% as of 3:30 p.m. ET, amid a 0.8% gain for the S&P 500 (SNPINDEX: ^GSPC) and a 1.4% gain for the Nasdaq Composite (NASDAQINDEX: ^IXIC).The broader market is moving higher today ...
The Motley Fool
Mon, Jun 16
GLOBAL MARKETS-Global markets recover on Iran ceasefire reports, central banks in focus
Oil falls on reports Iran sought a ceasefireU.S. stock indexes follow global counterparts higherBusy central bank week ahead By Isla Binnie NEW YORK, June 16 (Reuters) - Stock indexes stayed higher after last week's losses and a barrel of oil got $1 cheaper on Monday as investors took heart f...
Reuters
Mon, Jun 16
Why KULR Technology Stock Is Plummeting Today
KULR Technology (NYSEMKT: KULR) stock is getting hit with huge selling action in Monday's trading. The company's share price was down 21.3% as of 3 p.m. ET, despite the S&P 500 (SNPINDEX: ^GSPC) being up 0.9% at the same point in the day's trading.KULR is seeing a big valuation pullback today foll...
The Motley Fool
Mon, Jun 16
Why XRP (Ripple) Is Soaring Today
Since 4 p.m. yesterday, the price of XRP (CRYPTO: XRP) is trading 7.4% higher, as of 3 p.m. ET today. There are several reasons the token may be rising, including bullish sentiment in the crypto sector, and more positive news regarding the Securities and Exchange Commission's (SEC's) previous lawsui...
The Motley Fool
Mon, Jun 16
US STOCKS-Equities rise as oil prices ease on truce hopes
Oil retreats after previous week's surgeU.S. Steel up as Trump approves $14.9 bln Nippon Steel bidFed expected to keep interest rates unchanged this weekIndexes up: Dow 0.79%, S&P 500 0.92%, Nasdaq 1.48%By Chuck Mikolajczak NEW YORK, June 16 (Reuters) - U.S. stocks climbed on Monday, as o...
Reuters
Mon, Jun 16
Meta shares climb; ads to appear in WhatsApp
** Shares of Meta Platforms Inc META.O rising 3% on Mon after the social media co said it was introducing ads to its WhatsApp instant messaging platform** "Subscriptions, promotions and ads will appear only on the Updates tab, away from your personal chats. This means if you only use WhatsApp to...
Reuters
Mon, Jun 16
Why Advanced Micro Devices Rallied Today
Shares of artificial intelligence (AI) chipmaker Advanced Micro Devices (NASDAQ: AMD) rallied 9.8% on Monday, as of 12:43 p.m. ETAMD made some big product announcements last week, especially around AI. Today, a Wall Street analyst wrote his positive conclusion on the event, and revealed some positiv...
The Motley Fool
Mon, Jun 16
CoverGirl parent Coty exploring sale, WWD reports
June 16 (Reuters) - Beauty company Coty COTY.N is seeking buyers for a selloff in two parts, fashion trade publication WWD reported on Monday, citing multiple industry sources.The company intends to sell both its luxury segment, which houses brands such as Hugo Boss, Gucci and Burberry, and its cons...
Reuters
Mon, Jun 16
Israeli markets rally as investors sketch post-Iran conflict landscape
Shekel strengthens as much as 4.6% against dollar Tel Aviv 125 index closes 2.6% up as war with Iran escalatesIsrael's bonds, credit default swaps gain Some investors see favourable post-conflict landscape for Israeli assets By Steven Scheer, Karin Strohecker JERUSALEM/LONDON, June 16 (Reuter...
Reuters
Mon, Jun 16
Why Oklo Stock Is Soaring Today
Shares of Oklo (NYSE: OKLO) are soaring today, up 5.7% as of 1:33 p.m. ET. The jump comes as the S&P 500 and Nasdaq Composite both moved higher.While there isn't a specific catalyst today, the company's stock is continuing to rise after an important announcement last week and broader momentum in the...
The Motley Fool
Mon, Jun 16
U.S. STOCKS ON THE MOVE-Hinge Health, MNTN, Reddit
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8U.S. stock indexes rose on Monday as oil prices fell after the Israel-Iran attacks left crude production and exports unaffected, allaying investor concerns ahead of a central bank policy mee...
Reuters
Mon, Jun 16
LIVE MARKETS-Wednesday on the dot: Anticipating the Fed's updated economic projections
Main US indexes advance; Nasdaq out front, up ~1.6%Tech leads S&P sector gainers; Energy weakest groupDollar falls; gold off ~1%; crude down ~1.5%; bitcoin up ~3%US 10-Year Treasury yield edges up to ~4.44%Welcome to the home for real-time coverage of markets brought to you by Reuters reporters....
Reuters
Mon, Jun 16
EchoStar soars 50% after report Trump urged EchoStar, FCC chair to reach deal on licenses
NEW YORK, June 16 (Reuters) - Shares of EchoStar SATS.O rose as much as 50% on Monday following a late Friday Bloomberg report that U.S. President Donald Trump urged EchoStar Chairman Charlie Ergen and Federal Communications Commission Chair Brendan Carr to reach a deal over the fate of the company&...
Reuters
Mon, Jun 16
Why Roku Stock Jumped 13% This Morning
Shares of Roku (NASDAQ: ROKU) rose as much as 13.4% on Monday morning, dropping back to a 10% gain by noon ET. The media-streaming technology expert announced an advertising partnership with Amazon (NASDAQ: AMZN).Image source: Getty Images.Where to invest $1,000 right now? Our analyst team just reve...
The Motley Fool
Mon, Jun 16
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