Marvell Technology and Flex will replace exiting companies in the S&P 500 index effective June 24, driving premarket gains. Marvell Technology (MRVL) climbed nearly 8% in premarket trading Monday, while Flex (FLEX) rose 4% following S&P Dow Jones Indices' announcement that
Arthur Hayes dumps WLD after predicting $5 target Arthur Hayes has sold his Worldcoin holdings, just days after his venture capital firm described it as a clean proxy for AI investment. The sale comes after WLD prices topped $0.60 on June 5, but have since fallen b
Japan's GDP grew 0.5% in Q1 2026, beating estimates Japan's economy grew by 0.5% in Q1 2026, surpassing the market estimate of 0.3%. This growth marks the strongest quarterly expansion since Q1 2025. Annualized growth in Q1 2026 was 1.8%, revised down from
The trust increases its payout by 1% to $0.503, yielding 7.76% forward, with payment set for June 29. Sabine Royalty Trust raised its monthly dividend to $0.503 per share, a 1% increase from the prior $0.498. The adjustment reflects a modest boost in distributions to share
Buyers re-entered Nasdaq futures after Friday’s sharp decline, regaining key levels above 29,144-29,150 amid calmer global markets. Nasdaq futures recovered ground after Friday’s steep sell-off, with buyers pushing prices back toward Friday’s close and securing higher-valu
Nearly 50% of Hong Kong listings in 2025 have fallen over three months, underperforming global IPO and local indexes. Hong Kong led global IPO fundraising in 2024 and maintained momentum into early 2025, raising more capital than the New York Stock Exchange and Nasdaq. Ove
Japanese and South Korean equities plunge following Friday’s 4.2% Nasdaq decline, while S&P 500 futures recover slightly. The Nikkei 225 fell 3.5% in early trading, mirroring Friday’s 4.2% drop in the Nasdaq Composite as global markets react to US tech sector weakness. Sou
Bank of America’s equity chief flags valuation concerns and sector imbalances, targeting a 6% pullback in the S&P 500. Bank of America Securities’ head of U.S. equity strategy highlights growing risks in the S&P 500, drawing parallels to early 2020 market conditions. Energ
Amazon secures satellite spectrum for iPhone connectivity and raises AWS forecasts after $100 billion AI partnerships. Amazon will acquire Apple’s 20% stake in Globalstar as part of an $11.6 billion deal to expand its satellite communications infrastructure. The investment
Meta forms a new Enterprise Solutions unit and explores AI subscriptions, targeting multi-billion-dollar revenue growth in Q1 2026. Meta Platforms (NASDAQ:META) established an Enterprise Solutions unit on May 29, embedding engineers and product managers with corporate clie
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