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Dow Jones Hits New Peak; Tech Dips as Fed Meeting Looms
The Dow Jones Industrial Average hit a new record high, while the S&P 500 and Nasdaq slipped as technology stocks lost steam ahead of the Federal Reserve's pivotal policy decision.
SCI Shares Dip Despite Dividend Hike and $600M Buyback Authorization
SCI shares dropped 3.9% to $73.96 on June 15 as the company raised its quarterly dividend by 6% to $0.36 per share and expanded its buyback authorization to $600 million, while keeping 2026 guidance unchanged.
AMC Rises on $150M Equity Raise, Analyst Optimism
AMC shares climbed 2.9% Tuesday after closing a $150M equity offering. B. Riley boosted its price target to $2.25 on improved Q2 outlook, though dilution remains a key investor worry.
CoreWeave Surges on Nasdaq-100 Entry Amidst $50.8B Debt Concerns
CoreWeave shares surged 9.6% to $116.95 on news of its Nasdaq-100 inclusion, but analysts warn that $50.81 billion in liabilities and high-cost debt may offset the $99.4 billion revenue backlog.
Semiliquid Funds Surge Past $600B as Private Credit Demand Wanes
Semiliquid fund assets topped $600 billion by March 2026, more than doubling since 2022, even as private credit demand slows and capital flows shift toward private equity and venture capital.
SU Group Shares Skyrocket on GEZE Smart-Building Deal; Dilution Worries Linger
SUGP shares more than doubled after SU Group announced a smart-building deal with GEZE, but dilution from up to 38.3 million warrant shares and weak margins temper the rally.
Rackspace Stock Surges on AMD AI Deal, Despite Layoffs and Funding Hurdles
Rackspace Technology shares surged 12.6% to $6.66 after securing a definitive AMD AI compute deal for 30 MW capacity, but a 15% workforce cut and need for additional financing highlight ongoing risks.
Nvidia Stock Dips After Record $25B Bond Sale as AI Spending Risks Loom
Nvidia shares slipped 1.2% to $209.98 after a $25 billion bond sale drew $85 billion in orders, as investors weigh a stronger balance sheet against a $5 trillion valuation and 32 P/E ratio ahead of the June 24 annual meeting.
Nokia ADR Dips as Market Awaits Q2 Earnings for AI Growth Validation
Nokia's US-listed ADR slipped 2.2% to $14.50 in morning trading as investors take profits ahead of Q2 results on July 23, which will test AI-driven growth expectations.
Yum Brands Divests Pizza Hut in $2.7B Deal
Yum Brands sells Pizza Hut for $2.7 billion in two deals, expects $2.3 billion in net proceeds, and authorizes $4 billion in stock buybacks.
Intel Shares Steady Near Highs as Foundry Deals and AI Demand Awaited
Intel shares hover near $128, little changed after a chip rally, as investors focus on Q2 earnings for foundry deal updates and AI-driven demand.