A market strategist forecasts the S&P 500 could surge to 8,000 soon, citing strong technicals and earnings growth. A strategist predicts the S&P 500 could break 8,000 in the near term, driven by technical momentum in SPY and QQQ. The index currently trades in the mid-6,500
Stablecoin issuer Tether exercises pre-funded warrants to acquire 4.6 million Rumble Class A shares. Stablecoin operator Tether Global Investments Fund exercised pre-funded warrants to acquire 4.6 million Rumble Inc. (NASDAQ:RUM) Class A shares for $36.2 million. The trans
Retail investors face exposure to SpaceX’s post-IPO decline through broad market ETFs holding the stock at $156. SpaceX shares fell to $156 on June 24, down from last week’s IPO highs but still above the $135 offering price. The drop highlights risks for retail investors w
Microsoft's $136 billion market cap gain offsets declines in Caterpillar and Goldman Sachs, capping a mixed week for major indexes. The Dow Jones Industrial Average rose 1% for the week, buoyed by a 4.9% gain in Microsoft shares, which added $136 billion to its market capi
FuelCell Energy secures a 380 MW power agreement with Fit Energy, driving shares up 24%, while Bloom Energy falls 13% on profit-taking. FuelCell Energy (NASDAQ:FCEL) surged 24% to $24.45 after announcing a 380 MW data center power deal with Fit Energy, a key catalyst in it
Micron’s $50 billion revenue guidance for Q4 exceeds Wall Street expectations by $7 billion, driven by tight HBM supply and margin expansion. Micron Technology (MU) guided fiscal fourth-quarter revenue to $50 billion, $7 billion above Wall Street’s $43 billion consensus. T
As one of the leading producers of high-bandwidth memory (HBM), SK Hynix recently announced plans to list American depositary receipts (ADRs) on the Nasdaq exchange with a target date of July 10. What most investors may not realize is that you can already indirectly buy st
U.S. outlet REIT Tanger sees consumer demand strengthening in 2026, with occupancy at 97% and Gen Z driving foot traffic. Tanger CEO Stephen Yalof said consumer traffic and sales at the company’s outlet centers have increased since the start of 2026, supported by an 11% ri
WASHINGTON, June 26 The International Monetary Fund's chief economist on Friday said Federal Reserve Chair Kevin Warsh's plan to reduce forward rate guidance on monetary policy was "entirely appropriate," although central banks would always need to provide some long-term... <
Marvell’s 52% gross margins lag Broadcom’s 67%, widening valuation gap as both ride AI demand growth. Marvell Technology reported Q1 FY2027 revenue of $2.42B, up 27.6% YoY, driven by $1.83B in Data Center sales. AI-related bookings surged, but GAAP gross margins held at 52
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