News
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U.S. Steel shares rise after golden share details unveiled
By Steve Holland and Alexandra Alper WASHINGTON, June 16 (Reuters) - Shares of U.S. Steel X.N rose 5% on Monday, as a $14.9-billion bid for the well-known American firm from Nippon Steel 5401.T approached the finish line and after details of the U.S. government's golden share emerged over the...Reuters
Mon, Jun 16
AMD shares jump; Piper Sandler raises PT
** Advanced Micro Devices's AMD.O shares jump ~10% to $127.59 on Mon, on track to snap three straight losing sessions, helped by a price target increase from Piper Sandler analysts** AMD is on track for biggest daily pct gain since April 9 and highest close since Jan 7** AMD executives briefed a...Reuters
Mon, Jun 16
Is It Time to Believe in Roku Stock Again?
Shares of Roku (NASDAQ: ROKU) are an early winner this week. Shares of the streaming TV pioneer were trading as much as 13% higher on Monday after joining forces with Amazon (NASDAQ: AMZN) to announce a new connected TV integration. Amazon DSP -- its programmatic demand-side ad-buying platform -- wi...The Motley Fool
Mon, Jun 16
Palantir vs. CrowdStrike: Which Stock Is Worth Holding Forever?
Two of AI's hottest stocks -- Palantir (NASDAQ: PLTR) and CrowdStrike (NASDAQ: CRWD) -- are soaring on the back of game-changing innovations. Each dominates its niche, but one boasts a stronger moat and better profitability profile. Here's why one of these AI leaders could deliver explosive upside f...The Motley Fool
Mon, Jun 16
AbbVie stock dips after cancer drug trial setback
** AbbVie ABBV.N stock dipping 0.4% on Mon after its blood cancer treatment, Venclexta, failed to meet the main goal in a late-stage trial** Venclexta was tested in newly diagnosed patients with higher-risk myelodysplastic syndromes (MDS), but did not significantly improve overall survival** Despite...Reuters
Mon, Jun 16
U.S. STOCKS ON THE MOVE-Eaton, Roku, PayPal
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 retreated after the Israel-Iran attacks left crude production and exports unaffected, allaying investor concerns ahead of a Federal Reserve po...Reuters
Mon, Jun 16
GLOBAL MARKETS-Stocks rise, oil falls as Middle East fears ease, central banks in focus
Oil dips after WSJ report Iran seeks talks with IsraelU.S. stock indexes follow global counterparts higherBusy central bank week ahead, eyes on Middle East China retail data beat forecasts, factory output in lineAsia, European shares nudge up By Isla Binnie and Alun John NEW YORK/LONDON, June 16 ...Reuters
Mon, Jun 16
Why Shares of Palantir Are Surging Today
Shares of the artificial intelligence (AI) decision making company Palantir (NASDAQ: PLTR) traded over 3% higher, as of 11:09 a.m. ET Monday. The stock is coming off several new research reports from Wall Street analysts last week, and also could be benefiting from the escalating conflict in the Mid...The Motley Fool
Mon, Jun 16
Every Rivian Investor Should Keep an Eye on These 2 Numbers
Despite heavy volatility, Rivian (NASDAQ: RIVN) share prices have jumped nearly 20% in value over the past year. Part of that growth is tied to analyst expectations that revenue will jump by 10% this year, with another 48% growth anticipated in 2026. It's definitely a metric to follow. Apart from re...The Motley Fool
Mon, Jun 16
Supernus enters depression drug market with up to $795 million Sage deal
Sage shares surge over 35% after acquisition announcementSupernus to save up to $200 million annually from shared expensesDeal expected to close in Q3 2025, accretive by 2026By Puyaan Singh and Padmanabhan AnanthanJune 16 (Reuters) - Supernus Pharmaceuticals SUPN.O will acquire Sage Therapeutics SAG...Reuters
Mon, Jun 16
Victoria's Secret faces fresh activist fight from Barington Capital
Barington seeks board change, end to 'poison pill' planVictoria's Secret shares have dropped about 56% this yearBarington questions CEO Super's experienceBy Abigail Summerville and Anuja Bharat Mistry NEW YORK, June 16 (Reuters) - Activist investor Barington Capital Group is pushi...Reuters
Mon, Jun 16
MNTN rises as analysts initiate coverage with positive ratings after last month's IPO
** Shares in MNTN Inc MNTN.K, an advertising platform for internet-connected TVs which has actor Ryan Reynolds as its chief creative officer, up ~15% on Monday, tracking for record daily gain since its recent debut, as a group of analysts initiated coverage with bullish recommendations after the IP...Reuters
Mon, Jun 16
CANADA STOCKS-TSX hits new record high as investors shrug off Middle East concerns
By Ragini Mathur June 16 (Reuters) - Canada's main stock index hit a new all-time high on Monday, led by gains in information technology stocks, with investors shaking off concerns around escalating Middle East tensions and instead focusing on the Group of Seven summit.The S&P/TSX composi...Reuters
Mon, Jun 16
Auto suppliers rise after BofA lifts price objective
** Shares of auto suppliers jump after BofA Global Research raise price objective** U.S.-listed shares of Magna International MG.TO up 2% at $38, Aptiv APTV.BN rises 3% to $69 and BorgWarner BWA.N up 1% at $33, in early trade** BofA remains constructive on auto suppliers as it expects current headw...Reuters
Mon, Jun 16
Why EchoStar Stock Is Soaring Higher Today
President Donald Trump has reportedly intervened in a dispute between EchoStar (NASDAQ: SATS) and the Federal Communications Commission (FCC), urging the two sides to come together and work out a deal. Absent a resolution, EchoStar was said to be considering a bankruptcy filing.Investors are underst...The Motley Fool
Mon, Jun 16
LIVE MARKETS-How do you like New York in June now?
Main US indexes gain >1%, Nasdaq leadsFinancials lead S&P sector gainers; Energy sole loserEuro STOXX 600 index up ~0.5%Dollar falls; gold off >1%; crude down ~4.5%; bitcoin up ~3%US 10-Year Treasury yield edges down to ~4.40%Welcome to the home for real-time coverage of markets brought to...Reuters
Mon, Jun 16
EMERGING MARKETS-Latam FX hits all-time high, with focus on Iran-Israel tensions, cenbanks
Latam FX up 0.6%, stocks jump 1.9%Brazil's economic activity exceeds expectationsBrazil, Chile interest rate decisions later this weekColombia's April's trade data later in the dayBy Nikhil Sharma June 16 (Reuters) - Latin American currencies hit a record high on Monday and equities s...Reuters
Mon, Jun 16
Sage Therapeutics jumps to over 10-month high after Supernus Pharma's buyout offer
** Shares of Sage Therapeutics SAGE.O gain 35.5% to $9.07** Supernus Pharmaceuticals SUPN.O to acquire SAGE in up to $795 million deal, gaining access to Zurzuvae — the only postpartum depression pill approved in the U.S.** Shares of SUPN rise 1.7% to $32.57 ** Transaction is expected to close in th...Reuters
Mon, Jun 16
US STOCKS-Wall St climbs as oil prices ease, Fed meeting in focus
Indexes up: Dow 1.04%, S&P 500 1.1%, Nasdaq 1.4%Oil retreats after previous week's surgeWSJ reports Iran seeking talks with US, IsraelTelecom stocks dip after Trump Mobile launchU.S. Steel up as Trump approves $14.9 bln Nippon Steel bidBy Sruthi Shankar and Sukriti Gupta June 16 (Reuters)...Reuters
Mon, Jun 16
