Latest Stock Market News — Page 413

Markets Jul 12 Daniel Marsh

Robinhood Shares Dip Despite Broker Target Hikes and Record Chain Volume

Robinhood (HOOD) closed Friday at $111.97, down 2.7%, after hitting a session high of $119.43. Three brokerages raised price targets, but valuation concerns persist.

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Analysis Jul 12 Daniel Marsh

Oracle's $638B Order Book Meets $42B Cash Flow Challenge

Oracle stock dropped 2.48% after S&P downgraded its credit rating to BBB-, highlighting a $42 billion cash flow deficit despite a $638 billion order book.

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Markets Jul 12 Daniel Marsh

Pfizer Gains FDA Nod for Padcev Combo, Yet Stock Remains Flat

Pfizer's Padcev/Keytruda combo gets FDA approval for bladder cancer, but the stock dipped 0.33%. Wall Street remains cautious about revenue impact.

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Earnings Jul 12 James Calloway

Bank and Chip Earnings Test Wall Street's AI-Led Rally

Wall Street's next move depends on whether earnings growth can broaden beyond AI. Bank and semiconductor results this week will be the key test.

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Earnings Jul 12 James Calloway

Snap Underperforms Nasdaq as Ad Revenue Stalls; Subscriptions Fail to Offset Weakness

Snap Inc. (SNAP) ended the week at $4.68, down 3.3%, trailing the Nasdaq's 1.7% gain. Sluggish ad sales and a shrinking North American user base overshadowed subscription growth.

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Earnings Jul 12 James Calloway

Bank Earnings, TSMC, and Netflix to Test Market's Profit Outlook

This week's earnings from major banks, TSMC, and Netflix will test whether profit growth can broaden beyond tech and energy without exposing credit weakness.

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Markets Jul 12 Daniel Marsh

Verizon's 6.7% Yield: The Rate Factor That Will Determine Next Move

Verizon's 6.72% yield cushions price falls but can't close the performance gap with peers. The stock's next move depends on Tuesday's CPI report and Treasury yields.

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Economy Jul 12 Daniel Marsh

June CPI Data Set to Test Wall Street's Fragile Optimism

The June CPI report, Fed testimony, and bank earnings will test the S&P 500's rally. Lower gas prices may ease headline inflation, but core inflation and service costs remain sticky.

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Analysis Jul 12 Daniel Marsh

USPS Forever Stamp Hits 82 Cents; Rate Formula Signals Further Increases

The U.S. Postal Service raised the Forever stamp to 82 cents, and the rate-setting formula suggests more increases ahead as mail volume continues to drop.

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Commodities Jul 12 Rebecca Torres

U.S. Refiners Outperform as Crack Spreads Hit Record Highs

U.S. refiners Valero, Marathon, and Phillips 66 gained 6% on average last week, outpacing the energy sector as crack spreads hit a record $64.58/bbl amid tight fuel supplies and geopolitical tensions.

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Markets Jul 12 Daniel Marsh

Space Stocks Struggle Despite SpaceX's Nasdaq-100 Debut

SpaceX's inclusion in the Nasdaq-100 hasn't reversed the selloff in space stocks, with peers like Rocket Lab and Planet Labs declining sharply despite technical milestones.

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Earnings Jul 12 James Calloway

Healthcare Earnings Test: J&J, UnitedHealth, Abbott in Focus After Sector's 9% Drop

Major healthcare stocks report this week as the sector's 9% earnings decline goes under the microscope. J&J, UnitedHealth, and Abbott are key to determining if the drop is real or just a one-off.

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