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Summit Therapeutics falls after mixed data from late-stage cancer trial
** Shares of drug developer Summit Therapeutics SMMT.O fall 9.7% to $23.66 premarket** Co says its experimental lung cancer therapy ivonescimab in combination with chemotherapy showed a positive trend in overall survival, but "without achieving a statistically significant benefit" in a globa...
Reuters
Fri, May 30
GLOBAL MARKETS-Stocks head for best month since 2023 ahead of inflation data
All major stock markets have had a strong monthMarkets focused on inflation data and ongoing U.S. tariff issuesDollar battling to end 2025's run of monthly lossesBy Marc Jones LONDON, May 30 (Reuters) - World stocks were heading for their best month since late 2023 on Friday and the dollar wa...
Reuters
Fri, May 30
US STOCKS SNAPSHOT-Futures drop after Trump says China violated agreement on tariffs
May 30 (Reuters) - U.S. stock index futures dropped on Friday after U.S. President Donald Trump said China had violated an agreement on tariffs with the United States."China, perhaps not surprisingly to some, HAS TOTALLY VIOLATED ITS AGREEMENT WITH US. So much for being Mr. NICE GUY!," Trump...
Reuters
Fri, May 30
1 Super Stock Up 41% in the Past 7 Weeks: Should You Buy It in June and Hold Forever?
After a troubling start to the year, the market has bounced back remarkably. Some companies in particular have benefited tremendously from the renewed sense of optimism.As of May 27, this growth stock has soared 41% in the past seven weeks. At the same time, the Nasdaq Composite index has climbed 25...
The Motley Fool
Fri, May 30
This Absurdly Cheap Retail Stock Has Shrunk to Just 5% of Walmart's Value
Walmart (NYSE: WMT) is one of the most valuable companies in the world, approaching $800 billion in market value. It looks on track to become the first retailer to hit the $1 trillion mark. In just the past three years, it has risen by more than 130%.But what about one of its key rivals, Target (NYS...
The Motley Fool
Fri, May 30
Galaxy Digital dips after upsized $600 million share sale
** Digital assets and data center infrastructure firm Galaxy Digital's GLXY.O shares fall 0.5% to $19.50 premarket** Mike Novogratz's GLXY late Thursday announced pricing of its upsized stock offering of 31.6 million shares at $19 apiece for gross proceeds of $600.4 million** Offering boost...
Reuters
Fri, May 30
Airbnb falls after Truist downgrades to 'sell' on expected lower RevPAR
** Airbnb ABNB.O shares down nearly 3% at $125 in premarket trading** Truist Securities downgrades co's rating to "sell" from "hold" ** Brokerage cuts price target to $106 from $112, a downside of 17.4% to the stock's last close** Says reason for taking down estimates and pri...
Reuters
Fri, May 30
J.P. Morgan starts coverage on water tech firm Xylem with "overweight"
** Brokerage J.P. Morgan starts coverage on water technology firm Xylem XYL.N with "overweight" rating and a PT $148** PT represents a 15.1% upside to the stock's last close** Brokerage says Xylem is a good long-term investment for those interested in sustainability and industrial growth...
Reuters
Fri, May 30
2 Top Stocks to Buy With Less Than $100
When investing on a budget, buying fractional shares of top companies is one option. Another is to find stocks with relatively affordable price tags per share. Although it's sometimes the case that the most attractive companies quickly draw attention, which bids up their share prices, it's still pos...
The Motley Fool
Fri, May 30
Prediction: This Top Artificial Intelligence (AI) Cloud Stock Will Skyrocket in June
Following a difficult start to the year, Oracle (NYSE: ORCL) stock has been resurgent in recent weeks, rising nearly 35% since April 21 amid the broader recovery in technology stocks. Over the same period, the Nasdaq Composite index recorded an 22% gain.The database and cloud infrastructure provider...
The Motley Fool
Fri, May 30
RBC Capital Markets cuts PT on ConocoPhillips, sees near-term headwinds
** RBC Capital Markets cuts price target on oil and gas producer ConocoPhillips COP.N to $115 from $120** New PT still implies 34.3% upside to stock's last closing price** Brokerage says although COP continues to show solid operational performance, there are near-term headwinds that have caused ...
Reuters
Fri, May 30
Is President Trump's "One Big Beautiful Bill Act" Pushing Bitcoin to All-Time Highs?
Tax cuts have consistently been a cornerstone of Donald Trump's political agenda. His first administration helped pass the Tax Cuts and Jobs Act, often referred to as the Trump tax cuts. Now, he is pushing for Congress to pass the One Big Beautiful Bill Act.Thus far, the House of Representatives has...
The Motley Fool
Fri, May 30
US STOCKS-Wall Street futures down as new court ruling reinstates Trump tariffs
Futures down: Dow 0.09%, S&P 500 0.12%, Nasdaq 0.12%Regeneron slides on mixed trial data on smoker's lung drugUlta Beauty gains after it raises its annual profit forecastBy Shashwat Chauhan and Kanchana Chakravarty May 30 (Reuters) - Wall Street futures slipped on Friday, heading into the...
Reuters
Fri, May 30
U.S. STOCKS ON THE MOVE-Ulta Beauty, Zscaler, Dell
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8Wall Street futures slipped on Friday, as investors took stock of an appeals court decision to undo a prior ruling that had blocked most of U.S. President Donald Trump's tariffs, heading...
Reuters
Fri, May 30
US equity funds see weekly redemptions on trade tensions
May 30 (Reuters) - U.S. equity funds faced a second successive weekly outflow in the week through May 28 as tariff threats from President Donald Trump and concerns over rising borrowing costs prompted investors to cut exposure to U.S. assets. Investors pulled a net $5.46 billion worth of capital ...
Reuters
Fri, May 30
Why Aehr Test Systems Stock Soared This Week
Shares in semiconductor test equipment company Aehr Test Systems (NASDAQ: AEHR) rose by 12.5% in the week to Friday. It's been a good week for semiconductor stocks in general, and a good week for Aehr's probable new customers as well.Aehr Test Systems is in an unusual position in 2025You can usually...
The Motley Fool
Fri, May 30
3 American Growth Giants to Invest in for the Long Haul
Many of the best growth stocks in the world are based out of the U.S. This is the land of both opportunity and innovation. Warren Buffett has always been bullish on betting on the U.S. because he's a big believer in American business.If you want to follow suit and invest in some of the country's bes...
The Motley Fool
Fri, May 30
Global equity funds see second weekly outflow on tariff concerns
May 30 (Reuters) - Global equity funds posted outflows for a second straight week through May 28, as risk aversion rose following U.S. President Donald Trump's tariff threats on EU imports and overseas-made iPhones, alongside a spike in long-tenor bond yields.Investors pulled out a net $7.52 bil...
Reuters
Fri, May 30
Street View: Costco's value lies in ability to withstand higher costs
** Retail chain Costco Wholesale COST.O missed analyst expectations for third-quarter profit and revenue on Thursday but said it would raise prices as a "last resort"** With retailers dealing with higher costs due to shifting supply chains, rival Walmart WMT.N said it would have to start rai...
Reuters
Fri, May 30
Warren Buffett Thinks This Is a Particularly "Fabulous" Kind of Business
When Warren Buffett speaks, savvy investors listen -- because he's often sharing valuable investing insights that can make us even savvier investors. It's not hard to find wisdom from Mr. Buffett, either, because he has been interviewed countless times, has penned a terrific annual letter to shareho...
The Motley Fool
Fri, May 30
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