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Campbell's Set for S&P 500 Exit as Small-Cap Shift Looms
Campbell's (CPB) drops 7.3% before its index rebalance from S&P 500 to S&P SmallCap 600. The stock yields 7.4%, but guidance signals a 23-26% EPS drop.
Micron's AI-Driven Surge Faces Crucial Earnings Test on June 24
Micron Technology shares surged 8.7% to a record close ahead of its June 24 earnings, seen as a pivotal test for the AI chip rally. The market expects strong results, but any sign of slowing demand could trigger a sharp selloff.
Infosys Stock Faces Pressure After Accenture Downgrade Triggers IT Selloff
Infosys shares plunged 6.75% as Accenture's reduced fiscal 2026 growth forecast triggered a sector-wide selloff, pushing Nifty IT to a three-year low. Investors are reassessing Indian IT stocks ahead of Infosys' July 23 earnings.
Fiserv Insiders Invest $1.72M Amid CEO Shakeup, Stock Lags
Six Fiserv insiders purchased 34,781 shares worth $1.72 million following CEO Mike Lyons' sudden departure, but FISV closed at $47.86, below their average cost.
CoreWeave to Join Nasdaq-100 After 17% Weekly Surge
CoreWeave joins the Nasdaq-100 on Monday after a 17% weekly gain, triggering index fund buying from over $800 billion in assets. The AI cloud firm's Q1 revenue doubled to $2.08 billion, but net loss widened to $740 million.
FDA Decisions Loom for ACHV and UNCY Amid Manufacturing Hurdles
ACHV dropped 9.5% as its FDA deadline passed with a manufacturing-related rejection expected; UNCY fell 2.8% ahead of a June 29 decision. Both stocks face third-party manufacturing issues.
Webb Telescope Reveals Complete Star Formation Cycle in Orion
NASA's James Webb Space Telescope has captured all stages of star formation in a single image of the Orion A molecular cloud, providing an unparalleled near-Earth laboratory for studying stellar nurseries.
Ondas Stock Edges Up Slightly After $125M Cyberhawk Deal
ONDS ended the short week nearly flat after announcing a $125M deal to acquire Cyberhawk, aiming to expand recurring software-and-services revenue in critical infrastructure intelligence.
Micron, SpaceX, Exxon Face Key Tests After Extended Weekend
Micron closed at an all-time high ahead of earnings, SpaceX faces ESG rating headwinds, and Exxon is on alert as Iran tensions escalate over the weekend.
Verizon Stock Ends Week Lower on Plan Overhaul Skepticism
Verizon shares slid 5.7% to $45.37 in a holiday-shortened week as new simpler plans and fee cuts face investor skepticism over margin impact.
Plug Power's Cash Position and Project Progress Under Scrutiny
Plug Power shares closed at $2.85, up 7.55% on Thursday, but the market's focus remains on liquidity challenges and the company's ability to monetize projects.
Nu Holdings Faces Headwinds as Buyback, Credit Risks Collide
Nu Holdings shares closed at $12.71, down 1.4% on Thursday but up 4.3% from last Friday, as investors balance a $1B buyback against rising credit risks and analyst downgrades.