Latest Stock Market News — Page 490

Earnings Jun 29 James Calloway

Netflix Lags as M&A Buzz Boosts Cable Stocks; Q2 Earnings in Focus

Netflix shares flat as Nasdaq gains over 2%; NBCUniversal breakup talk boosts cable stocks but fails to move NFLX. Q2 earnings on July 16 are the next catalyst.

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Markets Jun 29 Daniel Marsh

Rocket Lab's $8B Iridium Deal Puts Spotlight on Space Stocks' Cash Flow

Rocket Lab's $8 billion acquisition of Iridium shifts investor focus to cash-flow metrics in space stocks, as the sector rallies amid SpaceX's Nasdaq-100 inclusion.

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Markets Jun 29 Daniel Marsh

Refiners Outperform Oil Majors in June as XLE Weights Shift

Valero Energy and Marathon Petroleum posted gains in June, outperforming major oil companies, as the Energy Select Sector SPDR Fund declined 4.8%.

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Technology Jun 29 Sarah Chen

Palantir Stock Gains on Nvidia AI Deal; Valuation Remains Elevated

Palantir shares rose 2.4% on an AI collaboration with Nvidia for government clients, but the stock still trades at 39x 2026 revenue, with a 26% monthly drop.

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Markets Jun 29 Daniel Marsh

AI Stock Divergence in June: Memory and Power Plays Diverge

June saw a clear divide in AI stocks: suppliers with solid orders versus high-multiple spenders. Key players reported strong revenue, while hyperscalers raised debt to fund buildouts.

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Markets Jun 29 Daniel Marsh

Ford Stock Slips Despite Quality Gains as Recall Woes Persist

Ford Motor Company (NYSE:F) stock declined 0.7% to $14.02, underperforming the broader market, despite a 21% improvement in J.D. Power initial quality scores. The company continues to lead the industry with 51 recalls in 2026.

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Markets Jun 29 Daniel Marsh

Universe Pharmaceuticals Soars 332% on $10.75M Patent Deal, Share Dilution Concerns

Universe Pharmaceuticals (UPC) soared 332% on a $10.75M patent acquisition paid in shares, raising dilution concerns as the new shares far exceed the current float.

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Markets Jun 29 Daniel Marsh

Bradesco Preferred Shares Rise Ahead of Interim JCP Record Date

Bradesco preferred shares rose 1.06% on June 29, ahead of the July 3 record date for a R$0.3469 interim JCP payout, offering a gross yield of 1.92%.

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Technology Jun 29 Sarah Chen

Taiwan Raid on Super Micro Office Erases $1.4 Billion in Market Value

Taiwan prosecutors expanded their investigation into suspected Nvidia-chip server diversion, searching Super Micro's Taiwan office and seizing $22 million in hardware, wiping out $1.4 billion in market value.

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Markets Jun 29 Daniel Marsh

Dow Closes Above 52,000 as Alphabet Debut Boosts Tech Weight

The Dow Jones Industrial Average closed above 52,000 for the first time, as Alphabet's entry into the index boosted tech exposure. The blue-chip index gained 326.51 points, or 0.63%.

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Markets Jun 29 Daniel Marsh

US stocks bounce back but breadth remains lackluster

US stocks advanced Monday, with the Nasdaq leading gains, but market breadth remained tepid as advancers only slightly outpaced decliners.

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Markets Jun 29 Daniel Marsh

Astera Labs Surges Past Wall Street Targets on AI Infrastructure Demand

Astera Labs (ALAB) surged 14.6% to $448.84 on Monday, outperforming Wall Street targets as AI infrastructure demand and Nasdaq-100 inclusion drive momentum.

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