News
Important Only
3 Growth Stocks Down 33% to Buy Right Now
The market may be rallying, but not every stock is going along for the ride. There are plenty of quality stocks that are still trading a lot lower than they were a year ago.They may not be at their best right now. You don't shed a third of your value in an otherwise buoyant past 12 months without so...The Motley Fool
Tue, Jun 10
Macro hedge funds navigate choppy May with positive returns, say sources
LONDON, June 10 (Reuters) - Macro hedge funds returned positive results during a volatile trading month, said sources on Tuesday familiar with their performance. Rokos Capital Management returned a positive 1.28% for May, taking this year's return to May-end to a positive 9.46%, said a source wh...Reuters
Tue, Jun 10
US FDA pauses Gilead trials testing experimental HIV pill combination
By Sneha S K June 10 (Reuters) - The U.S. Food and Drug Administration has paused Gilead Sciences' GILD.O trials testing a combination of two of its experimental HIV treatments due to low levels of a type of white blood cell in some patients, the company said on Tuesday.Shares of the company...Reuters
Tue, Jun 10
US STOCKS-Wall St muted as investors track progress of US-China trade talks
Indexes: Dow up 0.02%, S&P 500 up 0.10%, Nasdaq down 0.04%J.M. Smucker falls after downbeat annual profit forecastWorld Bank cuts global growth forecast for 2025By Kanchana Chakravarty and Sukriti Gupta June 10 (Reuters) - Wall Street's main indexes were subdued in volatile trading on...Reuters
Tue, Jun 10
Boeing stock declines after strong May orders
** Boeing BA.N stock declining 0.7% on Tues after reporting 303 new orders and 45 aircraft deliveries in May** BA on Mon hit a 52-week high, and it remains down ~50% from its 2019 record high** Co's May orders included Qatar Airways' record order for 130 787s and 30 777Xs, boosting backlog t...Reuters
Tue, Jun 10
WTW: US commercial insurance rate increases slow to 5.3% in Q1
By Michael LoneyJune 10 - (The Insurer) - U.S. commercial insurance rates increased 5.3% in the first quarter of this year, representing a sequential deceleration from the previous two quarters, WTW’s Commercial Lines Insurance Pricing Survey has shown.The 5.3% increase in the first quarter compared...Reuters
Tue, Jun 10
Insmed's drug for rare lung disease achieves 'home run' in mid-stage trial
Drug may rival Merck's injectable WinrevairInsmed plans late-stage trial for PAH treatment in 2026Company's shares surge as much as 30%Rival PAH drugmakers' shares dropBy Kamal Choudhury June 10 (Reuters) - Insmed INSM.O said on Tuesday that its experimental drug significantly reduce...Reuters
Tue, Jun 10
U.S. STOCKS ON THE MOVE-Academy Sports, energy stocks, FirstEnergy
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8Wall Street's main indexes were mixed on Tuesday as investors awaited the outcome of ongoing trade talks between the United States and China aimed at cooling a tariff dispute that has br...Reuters
Tue, Jun 10
LIVE MARKETS-The plan will be finalized once the battle begins
S&P 500 edges green, Nasdaq, Dow flatEnergy leads S&P 500 sector gainers; Industrials weakest groupEuro STOXX 600 index rises ~0.1%Dollar edges up; crude up >1%; gold, bitcoin edge downUS 10-Year Treasury yield flat at ~4.48%Welcome to the home for real-time coverage of markets brought to...Reuters
Tue, Jun 10
GLOBAL MARKETS-Stocks, dollar muted as investors watch progress in US-China trade talks
Wall Street stocks mutedInvestors await details from US-China trade talksDollar steadies; oil gainsWorld Bank slashes global growth forecastBy Lawrence Delevingne and Amanda Cooper BOSTON/LONDON, June 10 (Reuters) - Global stocks and the dollar held steady on Tuesday as trade talks between the Un...Reuters
Tue, Jun 10
Avocado distributor Calavo slumps on disappointing Q2 report
** Calavo Growers' CVGW.O shares down 17.3% at $22.90, a two month low, on Tues after qtrly results miss estimates** CVGW on course for biggest daily pct decline since Mar 7, 2023** Santa Paula, California-based firm late Mon posted adj EPS of 40 cents, down from 51 cents a yr ago, while rev inc...Reuters
Tue, Jun 10
Energy stocks gain on US-China talks, Saudi supply dip
** S&P 500 Energy index .SPNY up 1.8%, tracking rise in oil prices O/R** Brent crude futures LCOc1 rise ~1% to $67.70/barrel; while U.S. West Texas Intermediate crude CLc1 up 1% at $65.98/barrel** Crude prices rise, buoyed by U.S.-China trade talks and a dip in Saudi Arabian crude supply to Chin...Reuters
Tue, Jun 10
LIVE MARKETS-Small businesses, still plagued by uncertainties, turn optimistic amid price hike plans
Nasdaq, S&P 500 modestly higher, Dow edges greenEnergy leads S&P 500 sector gainers; Industrials weakest groupEuro STOXX 600 index ~unchangedDollar, gold edge up; bitcoin dips; crude up ~1%US 10-Year Treasury yield slips to ~4.47%Welcome to the home for real-time coverage of markets brought ...Reuters
Tue, Jun 10
Alphabet up after report OpenAI to add Google's cloud service
** Shares of Google parent Alphabet GOOGL.O up 2.4% at $180.36 - highest since February** Microsoft-backed MSFT.O OpenAI plans to add Google cloud service to meet its growing needs for computing capacity, Reuters reported, citing three sources** The deal, which has been under discussion for a few mo...Reuters
Tue, Jun 10
J.M. Smucker set for worst day ever after downbeat annual earnings forecast
** Shares of Uncrustables maker J.M. Smucker SJM.N fall as much as 14.3% to $95.85 - lowest since March 2020** Stock set for worst day on record, if losses hold** Co forecasts annual adjusted EPS between $8.50 and $9.50, below analysts' estimates of $10.26 - data compiled by LSEG** However, co f...Reuters
Tue, Jun 10
Why Plug Power Stock Keeps Going Up
Are investors in Plug Power (NASDAQ: PLUG) stock irrationally exuberant?Yesterday, shares of the hydrogen fuel cell manufacturer surged to close 26% higher after announcing an expanded strategic collaboration with Australian partner Allied Green Ammonia, whereby the two companies will build a $5.5 b...The Motley Fool
Tue, Jun 10
Brown & Brown signs nearly $10 billion deal for rival broker Accession
By Arasu Kannagi Basil June 10 (Reuters) - Insurance broker Brown & Brown BRO.N will buy rival Accession Risk Management in a $9.83 billion cash-and-stock deal, the companies said on Tuesday, adding to a string of mega-mergers in recent years as industry players look to consolidate.While smal...Reuters
Tue, Jun 10
CANADA STOCKS-TSX rises on energy boost; US-China talks in focus
By Ragini Mathur June 10 (Reuters) - Canada's main stock index rose on Tuesday as rising oil prices boosted the energy sector, while investors awaited key developments from the second day of the U.S.-China trade negotiations.The S&P/TSX composite index .GSPTSE, up 0.2% at 26,420.31 points...Reuters
Tue, Jun 10
Top trending Rumble shares set for sixth straight daily gain
** Shares of video-sharing platform and cloud services provider Rumble RUM.O pare some gains, last up 1.1% at $9.46** Stock set to extend gains to a sixth straight session, if gains hold** RUM is the #1 trending ticker on retail investor forum and social media platform Stocktwits** RUM was recently ...Reuters
Tue, Jun 10
LIVE MARKETS-Nasdaq, S&P 500 inch up; US says talks with China going well
Nasdaq, S&P 500 modestly green, Dow ~flatEnergy leads S&P 500 sector gainers; Industrials weakest groupEuro STOXX 600 index up ~0.1%Dollar, bitcoin ~flat; gold edges up; crude up ~1%US 10-Year Treasury yield slips to ~4.47%Welcome to the home for real-time coverage of markets brought to you ...Reuters
Tue, Jun 10
