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Semiconductor Rout and Hot Jobs Report Send Stocks Sharply Lower

Wall Street endured its worst session in months on Friday as a surprisingly strong jobs report collided with a deepening selloff in semiconductor stocks, dragging all three major indexes into the red. The tech-heavy Nasdaq Composite bore the brunt of the damage, plunging more than 4% in a broad-based retreat from the artificial intelligence trade […]

Elon Musk Set to Become the First Trillionaire as SpaceX Nears Market Debut

Elon Musk could become the first person in history with a fortune exceeding $1 trillion when SpaceX (NASDAQ:SPCX) begins trading on June 12, with the company’s planned IPO dramatically increasing the value of his holdings. SpaceX is seeking to raise $75 billion through its initial public offering, according to a regulatory filing released on Wednesday. […]

SpaceX Excludes China and Hong Kong Investors From Planned $75 Billion IPO (SPCX)

SpaceX (NASDAQ:SPCX) has reportedly directed the banks managing its planned $75 billion initial public offering to reject investment orders from individuals and organizations based in mainland China and Hong Kong, according to a Bloomberg News report citing people familiar with the matter. The move comes ahead of what is expected to be the largest stock […]

TD Cowen Lifts GLP-1 Market Outlook, Sees Global Sales Reaching $150 Billion by 2030

TD Cowen has raised its long-term forecast for the global GLP-1 market, projecting annual sales of diabetes and obesity treatments in the category will reach $150 billion by 2030. The revised estimate marks an increase from the firm’s previous forecast of $139 billion, reflecting stronger expectations for patient adoption and continued expansion of the market. […]

J.P. Morgan Turns More Positive on Tesla as Robotics and AI Shape Future Outlook (TSLA)

J.P. Morgan has upgraded Tesla (NASDAQ:TSLA) to “neutral” from “underweight”, arguing that the company’s market valuation is becoming increasingly tied to its long-term ambitions in autonomous technology and robotics rather than its near-term financial performance. The brokerage’s revised stance reflects growing investor interest in Tesla’s emerging technology platforms, even as its core electric vehicle business […]

SpaceX Faces Delay to S&P 500 Inclusion After Index Provider Keeps Existing Criteria (SPCX)

S&P Global has decided against modifying the eligibility standards for its flagship stock market indices, a move that effectively prevents SpaceX (NASDAQ:SPCX) from gaining rapid entry into the benchmark S&P 500 despite the company’s anticipated blockbuster public offering. The decision represents a setback for Elon Musk’s aerospace group, which had been expected to challenge conventional […]

Wall Street Futures Ease as Hezbollah Rejects Ceasefire and Investors Await U.S. Jobs Data: Dow Jones, S&P, Nasdaq

U.S. equity futures traded lower on Friday as investors assessed renewed geopolitical tensions in the Middle East and prepared for the release of closely watched U.S. employment figures. The latest developments have weakened expectations for a near-term resolution to the conflict involving Iran and added another layer of uncertainty to global markets. At the same […]

Is MOBX The Next Big Domestic Defense Play? Inside Mobix Labs’ Move to Acquire U.S. Drone Maker Vision Aerial

If you’ve been keeping an eye on small-cap tech and defense stocks, you probably noticed Mobix Labs (NASDAQ:MOBX) popping hard on the charts today. Shares surged following a major premarket announcement: the connectivity and semiconductor company has signed a binding Letter of Intent (LOI) to acquire Vision Aerial, Inc., a rugged, American-built drone manufacturer. For […]

Dow Surges to Record Close as Investors Rotate Out of Chips and Into Health Care, Financials

U.S. stocks finished sharply divided on Thursday as investors dumped semiconductor names following a disappointing earnings report from Broadcom and piled into health care, financials, and other non-tech sectors. The Dow Jones Industrial Average surged to a fresh all-time high, while the Nasdaq Composite slipped as the rotation away from artificial intelligence trades picked up […]

Weight Watchers Expands Reach Through LillyDirect Partnership (WW)

WW International (NASDAQ:WW) has integrated its Weight Watchers Med+ offering with Eli Lilly’s (NYSE:LLY) LillyDirect healthcare platform, broadening access to its clinical weight management services for patients using or considering prescription obesity treatments. The collaboration connects LillyDirect users with Weight Watchers’ program, which combines GLP-1 medications with behavioral, nutritional and lifestyle support. Med+ Program Added […]

Broadcom Selloff Points to Weak Start for Wall Street: Dow Jones, S&P, Nasdaq, Futures

U.S. stock futures indicated a softer opening on Thursday, suggesting Wall Street could extend the previous session’s losses as investors react to a sharp decline in Broadcom shares and continue to monitor developments in the Middle East. Technology stocks appeared set to lead the retreat, with Nasdaq 100 futures falling 1.2% ahead of the opening […]

Meta Pushes Back Developer Release of New AI Model Amid Ongoing Testing (META)

Meta Platforms (NASDAQ:META) has reportedly postponed the release of its latest artificial intelligence model to external developers several times, according to a report from The Wall Street Journal, raising questions about the timing of the company’s next major AI rollout. The report said the delay has now extended to nearly two months after Meta’s head […]

Broadcom Shares Slide as Revenue Miss and AI Outlook Disappoint Investors (AVGO)

Broadcom (NASDAQ:AVGO) came under pressure in after-hours trading after reporting second-quarter results that fell slightly short of Wall Street expectations and maintaining its long-term artificial intelligence revenue targets rather than raising them. The semiconductor group reported second-quarter revenue of $22.19 billion, marginally below analysts’ consensus forecast of $22.27 billion. The results arrive as Broadcom continues […]

U.S. Futures Mixed as Middle East Diplomacy, Broadcom Earnings and SpaceX IPO Capture Investor Attention: Dow Jones, S&P, Nasdaq, Wall Street

U.S. equity futures traded in mixed territory on Thursday as investors balanced renewed diplomatic developments in the Middle East against corporate news from major technology companies and the upcoming public debut of SpaceX. By 03:32 ET, Dow Jones futures were up 122 points, or 0.2%, while S&P 500 futures slipped 0.2% and Nasdaq 100 futures […]

Guardian Metal Resources Expands Pilot Mountain Footprint With Discovery of New Tungsten Target (GMTL)

Guardian Metal Resources (AMEX:GMTL) (USOTC:GMTLF) (LSE:GMET) has identified a previously unrecognised tungsten-bearing zone at its wholly owned Pilot Mountain project in Nevada, adding a new area of mineralisation outside the project’s existing resource base. The newly named Tremor Zone was encountered during condemnation drilling carried out to support infrastructure planning for Pilot Mountain’s ongoing pre-feasibility […]

Ontario gold miner secures major investment from Michael Gentile

McFarlane Lake Mining (CSE:MLM), a Canadian junior gold company, will undertake a C$6.75 million non-brokered private placement, including a lead order from Michael Gentile, one of Canada’s most prominent individual mining investors. This article is disseminated in partnership with McFarlane Lake Mining Limited. It is intended to inform investors and should not be taken as a […]

Rising Oil Prices and Treasury Yields Drag Wall Street Lower

U.S. stocks closed broadly lower on Wednesday as a spike in oil prices and rising Treasury yields spooked investors, snapping a nine-session winning streak for the S&P 500. Geopolitical tensions between the U.S. and Iran fueled the surge in crude, raising fresh concerns about inflation just as the market had been building momentum from a […]

AT&T Teams Up With Disney and Pixar on Toy Story 5 Promotional Campaign (T)

AT&T Inc. (NYSE:T) has launched a new marketing partnership with Disney (NYSE:DIS) and Pixar centered on the upcoming release of Toy Story 5, combining original advertising content, retail activations and community-focused events ahead of the film’s theatrical debut on June 19. The campaign is designed to engage families through a mix of in-store experiences, exclusive […]

Macy’s Shares Advance After Strong First-Quarter Results and Improved Full-Year Forecast (M)

Macy’s Inc. (NYSE:M) shares moved higher in premarket trading on Wednesday after the department store operator delivered first-quarter earnings and revenue ahead of expectations while raising its outlook for the remainder of the year. The results suggest the company’s ongoing transformation strategy is beginning to generate measurable improvements across its retail portfolio. Profit and Revenue […]

Macquarie Sees World Cup Boost Driving Betting Growth, Favors Flutter Entertainment (FLUT)

Flutter Entertainment (NYSE:FLUT) stands out as one of the biggest potential beneficiaries of the 2026 FIFA World Cup, according to Macquarie, which expects the expanded tournament to generate a substantial increase in global sports betting activity and provide a meaningful earnings tailwind for leading operators. The investment bank estimates that betting volumes tied to the […]