News
Important Only
GLOBAL MARKETS-Stocks tick up but dollar hits 2025 low amid mixed macro signals
Wall Street stocks edge up, dollar downRising Middle East tension dents sentiment, gold upMarkets give lukewarm reception to U.S.-China truce agreementTrump's latest tariff salvo unnerves investorsSoft U.S. CPI sets stage for Fed meeting next weekBy Lawrence Delevingne and Amanda Cooper June ...Reuters
Thu, Jun 12
CANADA STOCKS-TSX rises as materials shares gains on Middle East tensions
By Ragini Mathur June 12 (Reuters) - Canada's main stock index edged higher on Thursday as potential U.S. personnel evacuation in the Middle East boosted materials shares, while investors sought more clarity on the U.S.-China trade agreement.The S&P/TSX composite index .GSPTSE rose 0.16% ...Reuters
Thu, Jun 12
Digital bank Chime set to open above IPO price in Nasdaq debut
** Digital banking startup Chime Financial CHYM.O set to open 55.6% above IPO price in their Nasdaq debut on Thursday** Stock recently indicated to open at $42 vs $27 IPO price, giving it a potential fully-diluted valuation of $18 billion** San Francisco, California-based Chime, along with some of i...Reuters
Thu, Jun 12
Why Boeing Stock Is Under Pressure Today
A Boeing (NYSE: BA) 787 Dreamliner carrying 242 people crashed in India, reportedly leaving few, if any, survivors.Though the human tragedy is the primary focus, the incident also raises fresh concerns about safety. Shares of Boeing traded down 5% as of 10 a.m. ET, and shares of engine maker GE Aero...The Motley Fool
Thu, Jun 12
Granite Ridge Resources shares fall as CEO steps down
** Shares of oil and gas company Granite Ridge Resources GRNT.N down 4.18% at $5.81** Co says CEO Luke Brandenberg has stepped down** Promotes CFO Tyler Farquharson to the role of CEO; names Kim Weimer as interim finance chief** Granite Ridge reaffirms its operational and financial guidance for 2025...Reuters
Thu, Jun 12
Vertical Aerospace, Bristow expand partnership to accelerate commercial air taxi launch
By Anshuman Tripathy June 12 (Reuters) - British electric-aircraft developer Vertical Aerospace M000.F said on Thursday it has expanded its partnership with helicopter ride operator Bristow Group VTOL.N as it aims to bring air taxi services into commercial operation.U.S.-listed shares of Vertica...Reuters
Thu, Jun 12
This Unstoppable High-Yielding Dividend Stock Just Hiked Its Payout for an Incredible 131st Time in the Last 30 Years
Some companies do an incredible job of paying dividends. Realty Income (NYSE: O) is one such company. The real estate investment trust (REIT) recently delivered its 131st dividend increase to its investors since its public market listing in 1994. It's the REIT's fourth dividend increase already this...The Motley Fool
Thu, Jun 12
Bill Ackman's "Lazy Investor" Critique Revisited: Is a Concentrated Portfolio the Right Move for Most Investors?
Billionaire Bill Ackman has become one of the most influential and closely watched investors on Wall Street. Not only does he frequently post about the stock market and politics to his 1.8 million followers on X, he also runs Pershing Square Capital Management's roughly $12 billion equities portfoli...The Motley Fool
Thu, Jun 12
Is This Stock a Buy After Acquiring a Potential Zepbound Competitor?
Shares of Regeneron (NASDAQ: REGN) have declined this year due to issues with one of its former growth drivers, Eylea, a medicine that treats wet age-related macular degeneration. The therapy is facing stiff competition, biosimilar and otherwise, that is eating into its market share.However, Regener...The Motley Fool
Thu, Jun 12
Conagra Brands dips after BofA downgrades to 'underperform'
** Shares of Slim Jim-maker Conagra Brands CAG.N down ~2% at $22 ** BofA Global Research cuts rating on stock to "underperform" from "neutral", citing re-accelerated commodity costs of protein - chicken, beef, pork - to be meaningful headwinds to CAG's earnings growth** Brokerage...Reuters
Thu, Jun 12
Nuclear startup Oklo dips after $400 mln equity offering launched
** Shares of Oklo OKLO.N, nuclear technology startup backed by billionaire OpenAI CEO Sam Altman, down 1% to $67.13 early Thurs as it seeks $400 mln equity raise ** Oklo late Weds commenced stock offering for general purposes, working capital, capex and potential future investment...Reuters
Thu, Jun 12
LIVE MARKETS-S&P 500, Nasdaq inch up; Boeing falls after Air India crash
S&P 500, Nasdaq edge up; Dow ~flatTech leads S&P 500 sector gainers; Comm Svcs weakest groupEuro STOXX 600 index off ~0.1%Dollar slides; crude, bitcoin both down ~1%; gold up ~1%U.S. 10-Year Treasury yield dips to ~4.38%Welcome to the home for real-time coverage of markets brought to you by ...Reuters
Thu, Jun 12
Forward Air's three directors resign amid activist pressure; shares rise
** Shares of Forward Air Corp FWRD.O rise 9% to $21.20, hitting nearly three-month high ** Stock trading at its highest since late March ** FWRD says three board members, including chairman George Mayes, have resigned after activist investor Ancora Holdings mounted campaign to unseat them** Amo...Reuters
Thu, Jun 12
US STOCKS-Wall Street dips as Middle East tensions rise; Boeing drops
Indexes down: Dow 0.33%, S&P 500 0.09%, Nasdaq 0.20%Boeing shares fall after Air India plane crashOracle up after raising its annual revenue forecastBy Kanchana Chakravarty and Sukriti Gupta June 12 (Reuters) - Wall Street's main indexes slipped on Thursday as signs of rising tensions in ...Reuters
Thu, Jun 12
Oracle shares hit record high as AI cloud demand propels revenue forecast
June 11 (Reuters) - Oracle ORCL.N shares surged 14% to breach the $200-mark for the first time on Thursday, after the company raised its annual revenue forecast, driven by strong demand for its AI-related cloud services.Confidence in the software sector remained strong despite geopolitical tensions,...Reuters
Thu, Jun 12
Boeing shares fall to near two-week low after plane crash in India
** Shares of planemaker Boeing BA.N fall 4.3% to $204.67 - a two-week low - after Air India 787-8 Dreamliner jet crash ** More than 200 people were killed, authorities said, in the world's worst aviation disaster in a decade ** The aircraft took off from Ahemdabad in India and was headed to Lond...Reuters
Thu, Jun 12
Chime shares indicated to open 52% above IPO price
June 12 (Reuters) - Shares of Chime Financial CHYM.O were indicated to jump 52% above their initial public offering price on Thursday, giving the digital bank a potential valuation of $17.5 billion. The company raised $864 million in the listing by pricing shares at $27 each on Wednesday, above its ...Reuters
Thu, Jun 12
Why Shares of GameStop Are Tanking Today
Shares of the video game retailer GameStop (NYSE: GME) had tanked roughly 19%, as of 10:18 a.m. ET today. The company announced plans to issue $1.75 billion in convertible notes for "general corporate purposes, including making investments in a manner consistent with GameStop's Investment Policy and...The Motley Fool
Thu, Jun 12
Street View: Oracle story positive, growth acceleration under watch
** Oracle ORCL.N raised its annual revenue growth forecast on Wednesday, expecting continued demand for cloud offerings from companies deploying artificial intelligence** The cloud service provider's shares rose 12% in early trading** Median PT of 40 brokerages covering the stock is $197.21; ave...Reuters
Thu, Jun 12
