ASX Market Movers - Today

Stocks Slip to Start the Third Quarter as Fed Chair Warsh Offers No New Clues

U.S. stocks closed lower on Wednesday, giving back an early rally as investors weighed soft private-sector hiring data and a lack of fresh guidance from Federal Reserve Chair Kevin Warsh on the path of interest rates. The pullback came a day after major indexes wrapped up their strongest quarter since 2020, and traders spent the […]

Marriott and Coca-Cola announce global beverage partnership (MAR)

Coca-Cola to become Marriott’s worldwide beverage supplier Marriott International (NASDAQ:MAR) and The Coca-Cola Company (NYSE:KO) have entered into a global beverage supply agreement that will see Coca-Cola products introduced across Marriott’s worldwide hotel portfolio. According to a joint announcement released on July 1, 2026, Coca-Cola will become Marriott’s global beverage partner across multiple categories, including […]

Wedbush initiates SpaceX with Outperform rating, sees AI and Starlink driving long-term growth

Analyst sees SpaceX evolving into a leading hyperscaler Wedbush has launched coverage of Space Exploration Technologies Corp. (NASDAQ:SPCX) with an Outperform rating and a $190 price target, arguing that the company is uniquely positioned to become a major hyperscaler spanning satellite connectivity, space launches and artificial intelligence infrastructure. Analyst Dan Ives described SpaceX as “one […]

Nike warns turnaround will take longer as China weakness clouds outlook (NKE)

Revenue beat fails to offset cautious outlook Nike (NYSE:NKE) acknowledged that its turnaround remains a work in progress after ongoing weakness in China and a subdued outlook overshadowed a modest fourth-quarter revenue beat. The sportswear group reported a 1% decline in quarterly revenue, while sales in Greater China fell by double digits, leaving investors unconvinced […]

US futures edge lower as investors await Warsh remarks and key economic data: Dow Jones, S&P, Nasdaq, Wall Street

Markets begin the second half cautiously US stock futures traded lower on Wednesday ahead of the first session of the second half of the year, with investors preparing for comments from Federal Reserve Chair Kevin Warsh, fresh US manufacturing data and ongoing geopolitical developments in the Middle East. By 03:16 ET, Dow Jones futures were […]

ADVFN Appoints Jason Paltrowitz as Non-Executive Director

Former OTC Executive Brings Capital Markets Expertise to Support Global Growth LONDON – July 1, 2026 — ADVFN Ltd is pleased to announce the appointment of Jason Paltrowitz as a Non-Executive Director. Jason brings more than 20 years of leadership experience across global capital markets, investor relations, exchange services, and corporate advisory. He served as […]

Stocks Rally to Close Out Strong Quarter as Iran Ceasefire Lifts Sentiment

Wall Street closed out the second quarter on a high note Monday, with all three major indexes finishing firmly in positive territory as a combination of renewed confidence in the AI trade and welcome geopolitical relief gave investors reason to buy. The Dow Jones Industrial Average climbed to a fresh all-time high, capping what many […]

Wall Street Futures Edge Lower as Investors Lock In Profits After Record Rally: Dow Jones, S&P, Nasdaq

Profit taking points to softer start for U.S. markets U.S. stock index futures indicated a weaker open on Tuesday as investors looked set to take profits following the previous session’s broad-based rally. The cautious tone comes after Monday’s strong gains pushed the Dow Jones Industrial Average to a fresh record closing high, prompting some traders […]

Magnificent Seven shed $2.3 trillion in June as AI spending comes under closer scrutiny (MSFT)

Investor sentiment shifts toward infrastructure costs The so-called “Magnificent Seven” technology stocks have collectively lost around $2.3 trillion in market value during June as investors reassessed the scale of artificial intelligence infrastructure spending by the sector’s largest companies. The group comprises Microsoft Corporation (NASDAQ:MSFT), Nvidia Corporation (NASDAQ:NVDA), Alphabet Inc. (NASDAQ:GOOG), Apple Inc. (NASDAQ:AAPL), Meta Platforms […]

Semiconductor stocks climb to record 19.7% of the S&P 500 as AI rally reshapes the index

Chipmakers reach unprecedented share of the benchmark Semiconductor companies now account for a record 19.7% of the S&P 500, almost four times their weighting of around 5% in June 2020, according to Citadel Securities strategist Scott Rubner. The sector’s influence has grown well beyond previous market peaks. Before the dotcom crash, semiconductor stocks represented just […]

Guardian Metal Advances Toward Becoming a Key U.S. Tungsten Producer Following Strong Pilot Mountain PFS

Guardian Metal Resources (AMEX:GMTL), (USOTC: GMTLF), (LSE:GMET) has reached an important development milestone with the release of the Pre-Feasibility Study (PFS) for its Pilot Mountain Tungsten Project in Nevada. The results reinforce the project’s potential to become a significant domestic source of tungsten at a time when the United States is seeking to strengthen critical […]

Wall Street futures edge higher as investors await U.S.-Iran talks and key economic data: Dow Jones, S&P, Nasdaq

U.S. stock index futures traded modestly higher on Tuesday as investors prepared for the final trading session of both the first half of the year and the second quarter. Market participants are also monitoring reports of possible talks between the United States and Iran in Qatar, while a series of economic indicators and Nike’s quarterly […]

Wall Street Rebounds as Iran Ceasefire Hopes and Tech Rally Lift Stocks to Record Highs

US stocks surged Monday as investors breathed a collective sigh of relief following reports that peace talks between the United States and Iran were gaining traction after a weekend of military strikes. The combination of easing geopolitical tensions, a historic reshuffle of the Dow Jones Industrial Average, and a blockbuster corporate announcement from Comcast sent […]

Comcast to Separate NBCUniversal and Sky into Standalone Public Company

Comcast (NASDAQ:CMCSA) has announced plans to separate its media and entertainment assets, including NBCUniversal and Sky, into a newly listed public company, marking one of the group’s biggest strategic restructurings since acquiring Sky’s European operations for £31 billion in 2018. The transaction is expected to take around a year to complete. Once finalised, shareholders will […]

Five Market Events Investors Will Be Watching This Week

A packed calendar of economic releases and central bank events will dominate investor attention this week, despite a shortened trading schedule as U.S. markets close on Friday for the Independence Day holiday. The spotlight will also fall on the European Central Bank’s annual Sintra conference and earnings from Nike (NYSE:NKE). 1. U.S. Employment Report The […]

SpaceX Shares Rise Ahead of Nasdaq 100 Inclusion on July 7 (SPCX)

SpaceX (NASDAQ:SPCX) shares gained more than 1% in premarket trading on Monday after Nasdaq confirmed the aerospace and satellite communications company will be added to the Nasdaq 100 index on 7 July. The inclusion is expected to generate substantial passive investment demand as exchange-traded funds and other index-tracking products adjust their portfolios to reflect the […]

Morgan Stanley Lifts Tesla Delivery Forecast on Stronger Europe and China Demand (TSLA)

Morgan Stanley has increased its forecast for Tesla’s (NASDAQ:TSLA) second-quarter vehicle deliveries after stronger-than-expected sales trends in Europe and China, although the bank continues to take a cautious view of the company’s energy storage business. The brokerage now expects Tesla to deliver around 413,000 vehicles during the second quarter, up from its previous estimate of […]

Robinhood Shares Gain as June Trading Activity Reaches New Highs (HOOD)

Robinhood Markets (NASDAQ:HOOD) shares rose 1.1% in premarket trading on Monday after the company released preliminary June operating metrics showing record trading activity across several of its key business segments. The brokerage reported a 60% month-on-month increase in event contract volumes, while options trading climbed 38% and equity trading rose 27%. Cryptocurrency activity also strengthened, […]

Tech Sell-Off Extends into Friday as OpenAI IPO Delay Rattles AI Trade

U.S. stocks closed mostly lower on Friday, June 26, as a report that OpenAI may push its IPO to 2027 added fresh fuel to an already smoldering tech selloff. The news raised uncomfortable questions about the durability of AI spending — the theme that has driven much of the market’s gains over the past two […]

Wall Street Pre-Market: Futures Tumble as OpenAI IPO Delay Sparks AI Tech Rout, Oil Plummets

The mood in the Wall Street pre-market is one of strong risk aversion. Investors are reacting pessimistically to reports that OpenAI may delay its highly anticipated initial public offering (IPO), which has reignited doubts about actual financial returns compared to the astronomical infrastructure costs of Artificial Intelligence (AI). At 8:02 AM ET, Dow Jones index […]