Shares of Strategy (MSTR) fell nearly 3% in early trade on Tuesday after surging over 12% in the previous session, as investors weighed the Bitcoin (BTC) treasury company’s sweeping capital overhaul against concerns that it could mark a shift in Executive Chairman Michael Saylor’s long-standing “ne…
Jeremy Siegel, professor emeritus of finance at the University of Pennsylvania’s Wharton School of Business, on Tuesday said on Tuesday that the recent shift away from the Magnificent Seven stocks isn't a warning sign for investors.In his latest weekly commentary, Siegel argued that investors are i…
Morningstar cheered Comcast’s (CMCSA) announcement to separate its media and technology businesses, as it believes this will unlock maximum value for both to be public entities.The firm said in a recent note that separating them will allow each to attract suitors, pursue asset sales, and make strik…
As Congress moves closer to establishing a regulatory framework for digital assets, JPMorgan executives are urging lawmakers not to confuse regulatory clarity with financial stability. In a policy post published Monday, senior executives at the bank warned that yield-bearing stablecoins offering ba…
A new leak unveiling iPhone’s upcoming models and their confidential components and specifications generated buzz on social media, and Apple has reportedly grown concerned.Reuters reported on Monday that sensitive lists of components and suppliers, and photos of Apple's upcoming iPhone 18 Pro model…
Jack in the Box Inc. (JACK) stock extended its rally premarket on Tuesday after posting its biggest one-day gain in over six years on Monday, as investors welcomed a wave of short-covering activity and fresh institutional demand tied to a major stock index reshuffle.Index Rebalancing And Short Sell…
U.S. stock futures were in the green early Tuesday after a rebound in technology shares in the previous session and easing geopolitical jitters in the Middle East pushed the Dow Jones Industrial Average to clear the historic 52,000 milestone for the first time. Alphabet's 5% surge during its debut…
Quantinuum (QNT) stock gained premarket on Tuesday as multiple Wall Street firms launched coverage on the company, expressing confidence in the quantum computing company's long-term growth prospects and highlighting its technological leadership as the industry moves toward broader commercial adopti…
Shares of Biohaven Pharmaceutical Holding Co. (BHVN) fell nearly 1.5% in the premarket session on Tuesday after a downgrade from Bank of America Corp. (BAC) triggered a selloff in the company’s shares.According to TheFly, BofA downgraded the company to ‘Underperform’ from ‘Neutral’ and cut the pric…
SanDisk shares rose 2.2% in early premarket trading on Tuesday after Bernstein raised its price target on the stock, citing durability in its future business.SanDisk and Micron have emerged as front-runners in the ongoing memory supercycle, fueled by surging demand for memory components from AI dat…
Fuelcell Energy Inc. (FCEL) stock soared more than 24% on Monday and is on track to record its best quarter in over five years.The Danbury, Connecticut-based company has soared more than 356% so far this quarter after clocking three consecutive months in the green.Meanwhile, retail interest in the…
Nvidia board member Mark Stevens sold $186 million in company stock earlier this month, according to an exchange filing released Monday, as the AI chipmaker continued to underperform both the broader chip sector and the broader market.Nvidia's underperformance has been a persistent puzzle this year…
Rocket Companies (RKT) stock received a bullish initiation from Benchmark, which began coverage with a Buy rating and a $21 price target, noting that the mortgage lender's long-term investment appeal extends beyond fluctuations in borrowing costs and instead points to its broader ambitions in the r…
RBC Capital Markets reportedly raised its 12-month price target for the benchmark S&P 500 index to 8,150 from 7,900, citing higher earnings assumptions.According to a report from Investing.com, the firm said that while the outlook for equities was largely supportive, the path higher for the index i…
Shares of Tesla, Inc. (TSLA) trimmed losses overnight after the EV maker said that engineering tests of its first production Cybercab had begun in Austin, sharpening focus on CEO Elon Musk’s long-promised driverless ride-hailing vehicle.TSLA stock jumped over 8% on Monday to end at $411.84, logging…
SpaceX shares slipped 0.3% overnight heading into Monday after a report said that Trump officials have spoken with the company about a potential stock donation, potentially marking another step in CEO Elon Musk’s reconciliation with the president.SPCX stock jumped 7% on Monday amid volatile trading…
Broadcom’s co-founder and chairman, Henry Samueli, has filed to sell $71 million worth of company stock, extending his divestiture over the past few months, according to an exchange filing on Monday.Samueli, through his funds, is selling 186,089 shares. The proposed sale date mentioned is June 24…
AeroVironment Inc (AVAV) stock is on track for a weekly gain as investors focus on the defense contractor and drone maker's growing contract pipeline rather than softer forward guidance.After beating fiscal fourth-quarter Q4 2026 earnings expectations, CEO Wahid Nawabi said the company expects stro…
Shares of Affirm Holdings Inc. (AFRM) have surged nearly 80% so far this quarter, on track for its strongest quarterly gain in more than two years amid strong results and recent strategic integrations.Amid this backdrop, Wall Street is turning increasingly positive on the stock. Most recently, Pipe…
Shares of Tesla, Inc. (TSLA) drew renewed attention late Monday ahead of its second-quarter delivery update after Cantor Fitzgerald projected deliveries below consensus but reiterated confidence in the company’s broader AI and robotics transition.TSLA stock jumped over 8% on Monday to end at $411.8…