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Why Palantir Technologies Hit a New All-Time High on Wednesday
Palantir Technologies (NASDAQ: PLTR) stock continued its epic run on Wednesday, climbing as much as 5.4%. As of 3:37 p.m. ET, the stock was still up 3%.The artificial intelligence (AI) software and data mining specialist has climbed to new heights several times in recent weeks, with its stock notchi...The Motley Fool
Wed, Jun 11
EMERGING MARKETS-LatAm FX inches closer to record high on trade truce, softer US inflation
LATAM FX up 0.5%, stocks jump 1.1%Mexico's central bank may pause rate cuts, deputy governor Heath saysMexico April industrial production rises 0.1 pct vs MarchBy Nikhil Sharma and Pranav Kashyap June 11 (Reuters) - An index tracking Latin American currencies was close to a record high on...Reuters
Wed, Jun 11
Why Rigetti Computing Stock Is Skyrocketing Today
Rigetti Computing (NASDAQ: RGTI) stock is roaring higher in Wednesday's trading thanks to multiple positive catalysts. The quantum computing specialist's share price was up 10.9% as of 3:30 p.m. ET. Shares had been up as much as 20.6% earlier in the daily session.Rigetti's valuation is getting a hug...The Motley Fool
Wed, Jun 11
GLOBAL MARKETS-Stocks, dollar dip, while Treasury yields pull-back on cooler inflation, US-China 'deal'
Trump says US-China trade deal 'done' but details lackCPI data shows little change in pricesU.S. stocks dip record levels, dollar declinesTreasury yields fall; strong interest in a $39 billion sale of 10-year notes Oil rises to 7-week highBy Lawrence Delevingne and Lawrence White June 11 ...Reuters
Wed, Jun 11
GitLab Q1 Revenue Jumps on AI Demand
GitLab Inc. (NASDAQ:GTLB) reported Q1 FY2026 results on June 10, 2025, posting revenue grew 27% year-over-year to $214.5 million and a non-GAAP operating margin reached 12%. The earnings call highlighted accelerated AI adoption, strategic customer wins, record adjusted free cash flow, and reaffirmed...The Motley Fool
Wed, Jun 11
US FDA approves Nuvation Bio's rare lung cancer drug
By Sneha S K and Siddhi MahatoleJune 11 (Reuters) - The U.S. Food and Drug Administration said on Wednesday it has approved Nuvation Bio's NUVB.N drug for patients with a rare and aggressive form of lung cancer.The once-daily oral drug, with the brand name Ibtrozi, is approved to treat ROS1-pos...Reuters
Wed, Jun 11
US STOCKS-Wall Street dips as investors focus on Middle East tension
GameStop falls after reporting decline in quarterly revenueUS consumer prices rise moderately in MayS&P 500 dips after source says U.S. embassy in Iraq preparing for evacuationS&P 500 -0.34%, Nasdaq -0.56%, Dow -0.02%By Noel Randewich and Kanchana Chakravarty June 11 (Reuters) - Wall Stre...Reuters
Wed, Jun 11
LIVE MARKETS-Buybacks likely helped in stocks' recent recovery
Wall Street indexes fall; Nasdaq leads lossesMaterials is weakest S&P 500 sector; energy leads gainersDollar down; bitcoin off >1% gold gains; crude up >3.5%%US 10-Year Treasury yield falls to ~4.43%Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. ...Reuters
Wed, Jun 11
Why Cleveland-Cliffs Stock Just Dropped
Cleveland-Cliffs (NYSE: CLF) stock fell 8.5% through 2:10 p.m. ET Tuesday after Reuters reported on new trade negotiations between the U.S. and Mexico that could significantly roll back 50% tariffs on steel imports -- which had themselves been announced only last week. Image source: Getty Images.Wh...The Motley Fool
Wed, Jun 11
Space tech firm Voyager valued at $3.8 billion as shares surge in NYSE debut
By Prakhar Srivastava and Arasu Kannagi Basil June 11 (Reuters) - Voyager Technologies VOYG.N secured a valuation of $3.8 billion after the defense and space firm's shares more than doubled in their U.S. debut, signalling strong interest in the sector expected to thrive under the Trump admini...Reuters
Wed, Jun 11
Why Shopify Stock Bounded Higher on Wednesday
Shares of Shopify (NASDAQ: SHOP) charged sharply higher on Wednesday, climbing as much as 6.4%. As of 1:59 p.m. ET, the stock was still up 5.7%.While the broader market updraft likely helped fuel its ascent, the e-commerce platform provider announced it was adding a new tool to help merchants succee...The Motley Fool
Wed, Jun 11
Steel stocks down after reports of US-Mexico talks to cut Trump's tariffs
** Shares of U.S. steel companies are down on Wed following news that the U.S. and Mexico are holding talks about canceling or reducing President Donald Trump's tariffs** Both countries are negotiating to lower Trump's 50% tariffs on steel imports and the likely outcome would include a quota...Reuters
Wed, Jun 11
Why Dave & Buster's Entertainment Stock Jumped 15% Today
Shares of Dave & Buster's Entertainment (NASDAQ: PLAY) jumped as much as 19.2% on Wednesday, despite a modest earnings report. The stock had cooled down to a 15.4% gain by 1 p.m. ET.Image source: Getty Images.Where to invest $1,000 right now? Our analyst team just revealed what they believe are the ...The Motley Fool
Wed, Jun 11
AbbVie, Enanta Pharma rise after US FDA approves pediatric use of hepatitis C drug
** Shares of drugmaker AbbVie ABBV.N up 1.5% at $192.40 and biotech company Enanta Pharma ENTA.O up 7.1% to $8.12** AbbVie says the U.S. FDA approves expanded use of its drug, Mavyret, for the treatment of adults and pediatric patients three years and older with hepatitis C virus (HCV) infection ** ...Reuters
Wed, Jun 11
Chewy Q1 Sales Rise AutoShip Hits Record
Chewy, Inc. (NYSE:CHWY) reported its Q1 FY2025 earnings on June 11th, delivering net sales of $3.12 billion ( 8.3% year-over-year), adjusted EBITDA of $192.7 million (6.2% adjusted EBITDA margin), and 20.8 million active customers ( 3.8% year-over-year). The company exceeded internal forecasts on bo...The Motley Fool
Wed, Jun 11
U.S. STOCKS ON THE MOVE-Caterpillar, Starbucks, Lockheed Martin
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8Wall Street's main indexes rose on Wednesday, as a tame inflation report calmed investor concerns around tariff-driven price pressures while markets awaited more details on Sino-U.S. tra...Reuters
Wed, Jun 11
GLOBAL MARKETS-Stocks up, Treasury yields down on cooler inflation, US-China 'deal'
Trump says US-China trade deal 'done'CPI data shows little change in pricesU.S. stocks rally to near record levels, dollar dipsTreasury yields fall; strong interest in a $39 billion sale of 10-year notes Oil rises to 7-week high on US-China trade dealBy Lawrence Delevingne and Lawrence White...Reuters
Wed, Jun 11
Victoria's Secret Beats Fiscal Q1 Sales Guidance
Victoria's Secret (NYSE:VSCO) reported its fiscal first-quarter 2025 earnings on June 5, 2025, posting net sales of $1.353 billion (about flat year over year), adjusted operating income of $32 million, and adjusted EPS of $0.09. Its net sales and adjusted operating income exceeded guidance. Manageme...The Motley Fool
Wed, Jun 11
US-China trade truce leaves investors none the wiser
US-China trade deal is 'done,' Trump saysMarkets guarded, await more detailsChinese equities rise, US stocks edge upInvestors hope for robust deal, but prepare for more uncertaintyBy Saqib Iqbal Ahmed and Ankur Banerjee NEW YORK/SINGAPORE, June 11 (Reuters) - The latest trade truce betwee...Reuters
Wed, Jun 11
LIVE MARKETS-BofA clients preferring domestically oriented sectors vs globally exposed groups
Dow up modestly, Nasdaq, S&P 500 slip into the redMaterials weakest S&P 500 sector; Healthcare leads gainersEuro STOXX 600 off ~0.3%Dollar down; bitcoin dips; gold gains; crude up ~2.5%US 10-Year Treasury yield falls to ~4.43%Welcome to the home for real-time coverage of markets brought to y...Reuters
Wed, Jun 11
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