Market News

US News

20 stories
gurufocus

Why CoreWeave Stock Just Nosedived

CoreWeave NASDAQ:CRWV shares fell nearly 14% on Wednesday after a report said Meta Platforms (META) is developing a cloud infrastructure business that could compete with providers offering artificial intelligence computing services.The report said Meta is building a business that would sell excess…

GuruFocus en
StocksUS
acceswire

As Global Markets Continue Their Historic Climb to Record Highs - Recalling the Golden Age of the Dot-Com Revolution - ELEKTROS Accelerates Its Bold Vision for Next-Generation High-Speed Electric Vehicle Charging Infrastructure to Help Power the Future of Mobility

Company focus expands toward high-speed EV charging stations as global electric vehicle adoption continues to highlight the need for broader, faster and more reliable charging infrastructureWEST PALM BEACH, FL / ACCESS Newswire / July 2, 2026 / ELEKTROS Inc. (OTC Pink:ELEK) announced that, followin…

ACCESS Newswire en
StocksUS
zacks

CMG Stock Rises 22% in a Month: Should You Buy Now or Hold Steady?

Shares of Chipotle Mexican Grill, Inc. CMG have gained 21.8% in the past month compared with the Zacks Retail - Restaurants industry’s 5.1% rise. During the same period, CMG also outperformed key restaurant peers, including CAVA Group, Inc. CAVA, up 11.8%, Starbucks Corporation SBUX, up 7.8%, and M…

Zacks en
StocksUS
gurufocus

FedEx Sells Supply Chain Unit in $1.4 Billion CMA CGM Deal

FedEx Corp. NYSE:FDX said it agreed to sell FedEx Supply Chain to French container shipping group CMA CGM in a deal carrying an enterprise value of $1.4 billion. The transaction would expand CMA CGM's position in North American contract logistics, adding warehousing, distribution and fulfillment ca…

GuruFocus en
StocksFRUS

Zacks Industry Outlook Highlights The Hanover Insurance, Essent, Mercury General, Selective Insurance and Skyward Specialty Insurance

For Immediate ReleaseChicago, IL – July 2, 2026 – Today, Zacks Equity Research discusses The Hanover Insurance Group THG, Essent Group ESNT, Mercury General Corp. MCY, Selective Insurance Group SIGI and Skyward Specialty Insurance Group SKWD.Industry: P&C InsuranceLink: https://www.zacks.com/commen…

Zacks en
EconomyETFsStocksUS
zacks

PENG's CXL Bet Expands: Can It Become a Future Revenue Catalyst?

Penguin Solutions, Inc. PENG is expanding its CXL-powered AI memory portfolio, positioning the technology as a potential long-term revenue driver as enterprise AI shifts from model training to inference workloads. As AI inference becomes increasingly memory-intensive, management believes scalable m…

Zacks en
StocksUS
gurufocus

Starwood Raises $10.2 Billion as AI Reshapes Real Estate

Starwood Capital Group has raised $10.2 billion for its largest fund, as the firm positions itself around data centers, rental housing and other commercial real estate assets at a time when artificial intelligence is reshaping demand across property markets. Chairman Barry Sternlicht said Starwood…

GuruFocus en
StocksUS
acceswire

ELEKTROS Announces Smart Grid Intelligence Initiative Utilizing Agentic AI to Mitigate Extreme Heatwave Energy Demands

WEST PALM BEACH, FL / ACCESS Newswire / July 2, 2026 / ELEKTROS Inc. (OTC PINK:ELEK), an emerging company focused on energy solutions, announced that, following correspondence regarding U.S. Patent No. 12,522,100 B1, the Company has reviewed Jaguar Land Rover's response and has elected not to pursu…

ACCESS Newswire en
EconomyStocksUS

Eightco Holdings (NASDAQ: ORBS) Reports Total Holdings of Approximately $386 Million, Includes OpenAI, Beast Industries, More Than 16,000 ETH and Over 283 Million WLD Tokens

Eightco treasury composition as of July 1, 2026: $90M OpenAI equity (indirect), $18M Beast Industries equity, 16,278 ETH, 283 million WLD holdings, and $149M cash and equivalents, totaling approximately $386 millionWorldcoin token (WLD) now listed on Robinhood NASDAQ:HOOD, expanding access to milli…

Chainwire en
CryptoStocksUS