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Why Micron (MU) Stock Is Falling Today

What Happened? Shares of memory chips maker Micron NASDAQ:MU fell 6.9% in the afternoon session after a class-action lawsuit, significant insider selling, and a broader sector-wide selloff prompted investors to take profits.The stock's decline occurred despite the company recently reporting record…

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Why Robinhood (HOOD) Stock Is Trading Up Today

What Happened? Shares of financial services company Robinhood NASDAQ:HOODjumped 3.4% in the afternoon session after the company unveiled its new 'Robinhood Chain' blockchain platform and a suite of crypto and AI-powered products at a company event, prompting positive reactions from analysts.The mai…

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CryptoStocks US
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Amgen (AMGN) Stock Is Up, What You Need To Know

What Happened? Shares of biotech company Amgen NASDAQ:AMGNjumped 3.1% in the afternoon session after the company received a favorable court ruling that blocked a first-of-its-kind state price cap on its blockbuster drug, Enbrel.A federal judge in Colorado granted a preliminary injunction, halting t…

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EconomyStocks US
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Why McDonald's (MCD) Stock Is Up Today

What Happened? Shares of fast-food chain McDonald’s NYSE:MCDjumped 3.6% in the afternoon session after a report from UBS highlighted the company as an attractive defensive dividend stock for investors looking for opportunities outside of the technology sector.The investment bank noted that the rest…

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Stocks US
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Kyndryl (KD) Stock Trades Up, Here Is Why

What Happened? Shares of IT infrastructure services provider Kyndryl NYSE:KD jumped 3.2% in the afternoon session after it continued a rally that began after the company announced an expanded partnership with Microsoft to help clients meet data residency and regulatory requirements.This move follow…

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Stocks US
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Why Genpact (G) Stock Is Up Today

What Happened? Shares of business transformation services company Genpact NYSE:G jumped 2.9% in the afternoon session after the company launched an AI agent-powered platform designed to help consumer goods companies automate and improve the recovery of lost revenue.The new solution, called Genpact…

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Stocks US
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KBR (KBR) Stock Trades Up, Here Is Why

What Happened? Shares of government and sustainable technology solutions company KBR NYSE:KBRjumped 4.1% in the afternoon session after the company was selected to license its technology and provide engineering design services for a new Sustainable Aviation Fuel (SAF) plant in Singapore.KBR will pr…

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Stocks US

Tenaris (TEN) Stock Trades Up, Here Is Why

What Happened? Shares of steel pipe manufacturer Tenaris NYSE:TEN jumped 6.2% in the afternoon session after the stock's positive momentum continued as the company announced the start of operations at its new service center in Suriname, built to support the country's first major offshore developmen…

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PJT (PJT) Stock Trades Up, Here Is Why

What Happened? Shares of investment banking firm PJT Partners NYSE:PJT jumped 4.1% in the afternoon session after the company was named as a financial adviser for Genel Energy in its recommended cash acquisition of Capricorn Energy.The announcements for the deal listed PJT Partners as the financial…

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Stocks US
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Why Qualcomm (QCOM) Shares Are Trading Lower Today

What Happened? Shares of wireless chipmaker Qualcomm NASDAQ:QCOM fell 4.5% in the afternoon session after Elon Musk denied reports that SpaceX was developing an AI device using the company's Snapdragon chip, and after its removal from several Russell indexes.Initial reports of a partnership had fue…

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indexStocks US
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Why Netflix (NFLX) Stock Is Up Today

What Happened? Shares of streaming video giant Netflix NASDAQ:NFLXjumped 5.3% in the afternoon session after reports clarified that a large-scale acquisition of NBCUniversal was not an imminent objective, easing investor anxiety about the potential deal.A report on June 29 had suggested Netflix cou…

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Why RTX (RTX) Stock Is Up Today

What Happened? Shares of aerospace and defense company Raytheon NYSE:RTXjumped 3.4% in the afternoon session after the stock continued to rally as its Raytheon business was awarded a $1.1 billion contract from the U.S. Navy to produce AIM-9X Block II missiles.Under the contract, the company will pr…

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Stocks US
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Why ResMed (RMD) Stock Is Trading Up Today

What Happened? Shares of medical device company ResMed NYSE:RMDjumped 3.7% in the afternoon session after it was added to Goldman Sachs' APAC Conviction List, signaling renewed confidence from the investment bank.This addition reflects renewed optimism about the company's patient base growth and ov…

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Why Lucid (LCID) Shares Are Plunging Today

What Happened? Shares of luxury electric car manufacturer Lucid NASDAQ:LCID fell 8.2% in the afternoon session after the company announced a major leadership overhaul and reported second-quarter vehicle deliveries that fell short of analyst expectations.Lucid is replacing its Chief Financial Office…

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Stocks US
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Why Lockheed Martin (LMT) Stock Is Trading Up Today

What Happened? Shares of security and Aerospace company Lockheed Martin NYSE:LMTjumped 3.8% in the afternoon session after Citi upgraded its stock rating to Buy and the company announced a series of significant defense contracts, signaling strong business momentum.Citi analyst John Godyn raised the…

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Stocks US

Why NN (NNBR) Stock Is Trading Lower Today

What Happened? Shares of industrial components supplier NN NASDAQ:NNBR fell 13.9% in the afternoon session after the company announced it raised $75 million through a private placement of common stock.The company entered into an agreement with institutional investors to sell 24,509,804 shares at $3…

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NEWS dow-jones

ICE Review: Canola Higher on Smaller Upticks

WINNIPEG, Manitoba--Gains in the Intercontinental Exchange canola futures softened on Thursday from stronger increases earlier in the session.The prospect of ongoing wet conditions, good domestic and foreign demand and reduced acres at harvest time, provided support to canola.A trader said it's ver…

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Futures