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United Natural Foods down following IT security incident
** Shares of grocery wholesaler United Natural Foods UNFI.N down as much as 7.7% at $25.71** In an SEC filing, co discloses unauthorized activity on its information technology systems on June 5 ** Says UNFI took certain systems offline in response, which temporarily impacted its ability to fulfill a...Reuters
Mon, Jun 9
LIVE MARKETS-After a brief, worry-driven retreat, inflation-wary consumers charge it
S&P 500 edges green, Nasdaq rises, Dow dips Tech strongest S&P 500 sector; Financials decline the mostEuro STOXX 600 index off ~0.2%Dollar slips; gold, crude rise; bitcoin up >1.5%US 10-Year Treasury yield edges down to ~4.49%Welcome to the home for real-time coverage of markets brought ...Reuters
Mon, Jun 9
US insurance composite slid 0.7% last week as it trailed Wall Street
By Carlos PallordetLONDON, June 9 (Reuters) - The North American insurance composite compiled by investment banks Stonybrook Capital and Weild & Co underperformed all broad market indices last week, although it continued to lead for the year to date.The S&P 500 index rose 1.5% in the week, s...Reuters
Mon, Jun 9
Why EchoStar Stock Is Falling Today
Telecom and satellite company EchoStar (NASDAQ: SATS) is reportedly considering a bankruptcy filing to protect its spectrum licenses. Investors are not taking the threat lightly, sending EchoStar shares down as much as 15% at the open and down 8% as of 11 a.m. Eastern.Image source: Getty Images.Wher...The Motley Fool
Mon, Jun 9
Cancer test maker Grail falls after Ningi Research's short position
** Shares of cancer diagnostic maker Grail GRAL.O falls 3% to $37.16 ** Ningi Research says it is short on Grail's position citing co's "overly ambitious approach" to cancer screening that has created "insurmountable regulatory roadblocks"** "We believe Grail's cancer...Reuters
Mon, Jun 9
Why Joby Stock Is Flying High Today
So-called "flying taxis" are going mainstream, and investors are rushing into shares of the early market leaders.Joby Aviation (NYSE: JOBY) stock traded up as much as 14.9% at the market open and were up 8.6% as of 10:30 a.m. ET after President Donald Trump signed an executive order aiming to "unlea...The Motley Fool
Mon, Jun 9
BREAKINGVIEWS-Qualcomm bypasses logic gate with $2 bln UK deal
By Karen KwokLONDON, June 9 (Reuters Breakingviews) - The $162 bln semiconductor giant’s Alphawave acquisition looks overpriced. But it gives CEO Cristiano Amon access to technology that’s core to the plumbing of fast-growing AI data centres. Overpaying in the short term arguably makes sense to help...Reuters
Mon, Jun 9
CANADA STOCKS-TSX falls as tech shares weigh; eyes on US-China trade talks
By Ragini Mathur June 9 (Reuters) - Canada's main stock index fell on Monday, dragged by technology shares, as investors cautiously monitored a fresh round of U.S.-China trade talks aimed at easing tensions between the world's largest economies.The S&P/TSX composite index .GSPTSE was ...Reuters
Mon, Jun 9
McDonald's down after Morgan Stanley downgrade to 'equal-weight'
** Shares of McDonald's MCD.N down as much as 2.4% at $299.85 ** Brokerage Morgan Stanley downgrades stock to "equal-weight" from "overweight"; cuts PT by $5 to $324** MCD is a top-quality business but hasn't been, and probably will not be, insulated from some structural pres...Reuters
Mon, Jun 9
EMERGING MARKETS-Latam FX approaches record peak with Sino-US talks in focus
Latam FX up 0.5%, stocks down 0.6%Mexico's annual inflation speeds up in May, exceeds targetChile's May copper exports up 4.4% at $4.48 billionColombian May inflation data later in the dayBy Nikhil Sharma June 9 (Reuters) - An index tracking Latin American currencies inched closer to a re...Reuters
Mon, Jun 9
US STOCKS-Wall Street mixed as US-China trade talks begin
Indexes: Dow down 0.30%, S&P 500 down 0.01%, Nasdaq up 0.23%Robinhood falls after S&P 500 inclusion snubTesla falls after brokerage downgrades stockWarner Bros shares up after co said it plans to split businessesBy Kanchana Chakravarty and Sukriti Gupta June 9 (Reuters) - Wall Street'...Reuters
Mon, Jun 9
Street View: Walmart targets growth with digital, advertising investments
** Walmart WMT.N CEO Doug McMillon during annual shareholders' meeting on Friday emphasized the retail giant's investments in areas including wages, opportunity, innovation and technology to strengthen the company** At least three brokerages raise PT on the stock** Median PT of 44 brokerages...Reuters
Mon, Jun 9
EchoStar descends after report co mulling bankruptcy filing amid FCC investigation
** EchoStar's SATS.O shares down 8% at $16.08 early Mon after report telecom services firm preparing potential bankruptcy filing amid ongoing Federal Communications Commission probe** SATS vies to shield its cache of wireless spectrum licenses from the threat of revocation by federal regulators,...Reuters
Mon, Jun 9
LIVE MARKETS-S&P 500 flat, with US-China trade talks in focus, WWDC ahead
S&P 500 ~flat, Nasdaq rises, Dow dips Financials weakest S&P 500 sector; Tech up the mostEuro STOXX 600 index off ~0.2%Dollar ~flat; crude, gold rise slightly; bitcoin up >1%US 10-Year Treasury yield edges down to ~4.49%Welcome to the home for real-time coverage of markets brought to you...Reuters
Mon, Jun 9
Synaptogenix Launch Of Differentiated Cryptocurrency Treasury Strategy Focused Exclusively On AI Crypto Token 'TAO'
June 9 (Reuters) - Synaptogenix Inc SNPX.O:SYNAPTOGENIX: LAUNCH OF DIFFERENTIATED CRYPTOCURRENCY TREASURY STRATEGY FOCUSED EXCLUSIVELY ON AI CRYPTO TOKEN "TAO"SYNAPTOGENIX INC - PLANS INITIAL $10 MILLION TAO ACQUISITION, TARGETS $100 MILLION IN TAO TOKEN ACQUISITIONSSYNAPTOGENIX INC - ENTERS...Reuters
Mon, Jun 9
Oddity Tech falls after $350 mln exchangeable notes deal announced
** Shares of Israeli-based online cosmetics retailer Oddity Tech ODD.O down 5.4% at $73.20 early Mon as it seeks capital raise** Co announces private offering of $350 mln 0% 5-yr exchangeable notes** It intends to use net proceeds for general purposes, including potential acquisitions** Co to also u...Reuters
Mon, Jun 9
Baird downgrades Tesla to 'neutral' on Musk's political activities; shares slip
** Tesla TSLA.O shares slip more than 3% in early trading to $286.20** Baird cuts TSLA rating to 'neutral'** Brokerage says Elon Musk's statements about robotaxi ramp rate are too optimistic and his ties with President Donald Trump add "considerable uncertainty"** Baird adds that...Reuters
Mon, Jun 9
Qualcomm strengthens AI portfolio with $2.4 billion Alphawave deal
Cash offer of 183 pence per Alphawave shareOffer at 96% premium to AWE's shares at March 31 closeQualcomm also tables alternative share offersAlphawave shares jump more than 22%, Qualcomm up 4%By Yamini Kalia June 9 (Reuters) - U.S. chipmaker Qualcomm QCOM.O agreed to acquire Alphawave AWE.L ...Reuters
Mon, Jun 9
Can Nike Stock Double a $1,000 Investment in 5 Years?
When thinking of the most powerful brands on the planet, Apple and Coca-Cola might immediately come to mind. I wouldn't be surprised if Nike (NYSE: NKE) gets brought up as well.The leader in athletic footwear and apparel has a storied history, to be sure. However, it has hit a major rough patch. The...The Motley Fool
Mon, Jun 9
