What Happened? Shares of transmission provider Allison Transmission NYSE:ALSNjumped 5% in the afternoon session after positive momentum continued following reports it will be added to the S&P MidCap 400 index.Allison Transmission is scheduled to replace Goodyear Tire & Rubber in the index, effectiv…
BRUSSELS (dpa-AFX) - After staying slightly below the flat line till a little past mid-morning, the European market drifted down and eventually ended moderately lower on Wednesday.The benchmark SMI, which dropped to a low of 14,068.50 ended the day at 14,114.00, losing 79.92 points or 0.56%.Galderm…
BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - European stocks closed broadly lower on Wednesday with investors mostly staying cautious while watching the developments with regard to U.S.-Iran peace moves and focusing on speeches from prominent central bank officials at the Sintra Forum.Uncertainty about US…
Small-cap stocks began the new trading month and quarter on a strong footing, with the Russell 2000 climbing to a fresh all-time high on Wednesday as investors continued rotating beyond the market's biggest technology companies.The index was up 0.65% on Wednesday, hitting a fresh high of 3046.59.Th…
What Happened? Shares of social network operator Meta Platforms NASDAQ:METAjumped 10.1% in the afternoon session after reports revealed that the company plans to build a cloud business to sell its excess AI computing capacity.Meta is developing a cloud arm (internally "Meta Compute") to rent out sp…
Michael Burry has taken a bearish position against Caterpillar, arguing that the construction equipment maker has become one of the most overvalued beneficiaries of the artificial intelligence investment boom.Burry disclosed on Tuesday that he shorted Caterpillar shares at $1,060.98 as part of a br…
Howmet Aerospace Inc.’s HWM shares have surged 52.6% in the past year, outpacing the industry and the S&P 500, which have returned 7.1% and 24.6%, respectively. The company has also outshone its peers like Textron Inc. TXT and RTX Corporation RTX, which have returned 13.3% and 31.6%, respectively…
Ride-hailing giant Uber Technologies (UBER) has reportedly dismissed two senior executives in the company’s newly set-up AI data labeling business, according to a Wednesday report from Bloomberg.At the time of writing, UBER stock was up 1.5% in early open-market trading.Broader Leadership Transitio…
BRUSSELS (dpa-AFX) - Greece's manufacturing activity expanded at an accelerated pace in June amid an improvement in demand conditions, survey data from S&P Global showed on Wednesday.The manufacturing Purchasing Managers' Index climbed to 53.8 in June from 53.3 in the previous month. A reading abov…
U.S. stocks finished June 30, 2026, higher, capping a strong first half and a robust second quarter as semiconductor shares powered the market rally. The strength in semiconductors provided a major boost to the broader market and reinforced investor confidence in the ongoing AI-driven growth story…
Pre-market futures begin the first trading session of the second half of calendar 2026 in the red so far. Considering myriad stresses on the global marketplace over the first half of the year, with oil supply shocks from the closing of the Strait of Hormuz and tariff costs rebalancing global trade…
WASHINGTON (dpa-AFX) - A report released by the Institute for Supply Management on Wednesday showed a modest decrease by its reading on U.S. manufacturing activity in the month of June.The ISM said its manufacturing PMI dipped to 53.3 in June after rising to 54.0 in May, although a reading above 50…
Wednesday, July 1st, 2026Pre-market futures begin the first trading session of the second half of calendar 2026 in the red so far. Considering myriad stresses on the global marketplace over the first half of the year, with oil supply shocks from the closing of the Strait of Hormuz and tariff costs…
By Ed BallardU.S. stocks are slipping as investors scrutinize comments by Fed Chairman Kevin Warsh for clues about the path of interest rates.Warsh dodged questions about whether an interest-rate hike is in the cards at the next FOMC meeting during a panel discussion with the heads of the ECB, the…
Shares of Can-Fite BioPharma (CANF) surged on Wednesday after the company announced positive early-stage study results for its treatment targeting pancreatic tumors.At the time of writing, CANF shares were up more than 50%, reaching their highest level in nearly three months.Can-Fite’s Study Result…
Boulogne-Billancourt, France – July 1, 2026 – asmodee, a global leader in tabletop gaming is returning to Gen Con 2026 from July 30 to August 2 with an extensive lineup of new releases, previews, tournaments, and community experiences.The excitement begins even before the doors open in Indianapolis…
COPENHAGEN, Denmark, July 1, 2026 - Evaxion A/S NASDAQ:EVAX (“Evaxion”), a clinical-stage TechBio company developing novel vaccines with its pioneering AI-Immunology™ platform, will present new preclinical data for vaccine candidate EVX-V1 in a poster session at the International Herpesvirus Worksh…
Largest IPO and Highest Volume of Capital Raised in U.S. Exchange History, with $129.3 Billion Raised in the First Half of 20267 of the 10 Largest IPOs of the Year Listed on Nasdaq, as Leading Companies in AI, Aerospace and Biotech Choose Nasdaq to Accelerate GrowthNasdaq Texas Debuts as a New Dual…
CANBERA (dpa-AFX) - Uncertainty surrounding the U.S.-Iran peace talks as well as anxiety ahead of Federal Reserve Chair Kevin Warsh's comments at the European Central Bank Forum on Central Banking impacted market sentiment on Wednesday morning. The keenly anticipated jobs data due from the U.S. on…
BRUSSELS (dpa-AFX) - UK stock market showed weakness Wednesday morning, weighed down by losses in mining and energy sectors. Uncertainty surrounding U.S.-Iran peace efforts, and weak commodity prices rendered the mood cautious.The FTSE 100 was down 42.51 points or 0.4% at 10,454.61 a little while a…