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Exxon Mobil Shares Slide as Oil Prices Tumble on US-Iran Strait Deal
Exxon Mobil shares dropped 4% to $141.10 as crude prices fell on a US-Iran deal to reopen the Strait of Hormuz, with weaker Q1 earnings and compressed margins adding to the stock's woes.
Meta Shares Rally as Market Evaluates Zuckerberg's AI Spending Plan
Meta shares climbed $27.08 to $594.06 after Q1 revenue jumped 33% to $56.31 billion, but attention turned to the company's sharply higher 2026 capex guidance of $125-$145 billion.
Microsoft Insiders Sell $10M in June Amid Valuation Split
Microsoft insiders sold nearly $10 million in MSFT shares in June, with valuation models showing a wide gap. Analysts are split on the stock's intrinsic value as AI investments pressure margins.
Schwab Stock Gains on Record May Metrics Amid AI and Crypto Headwinds
Charles Schwab shares rose 1.3% after reporting record May results, including $13.14 trillion in client assets and 11.8 million daily trades, as investors weigh growth against AI and crypto concerns.
Wall Street Hits New Highs as Iran Deal Sends Oil Tumbling; Fed in Focus
U.S. stocks hit fresh records Monday after a U.S.-Iran agreement sent oil prices crashing 5%, lifting airlines and tech while dragging energy stocks. The Fed's June 16-17 meeting is the next catalyst.
AI Storage Demand Drives Morgan Stanley to Boost Western Digital Target to $650
Morgan Stanley lifted its Western Digital price target to $650, citing AI data-center storage demand. WDC shares surged 13% as 2026 HDD capacity is fully booked.
VTI ETF Nears Record High Amid Fee and Valuation Scrutiny
VTI hovered near its 52-week high Monday as investors assessed its earnings yield versus Treasury yields, with low fees and tech-heavy holdings in focus.
Gold and Silver Rally as Oil Retreats on Strait of Hormuz Reopening Deal
Gold jumped 3% and silver climbed 4.6% as oil prices plunged to a three-month low after the U.S. and Iran agreed to reopen the Strait of Hormuz, easing inflation fears.
SpaceX Nasdaq Debut Sparks Robinhood App Surge and Trading Delays
Robinhood saw a 65% spike in app downloads on Friday as SpaceX shares began trading on Nasdaq, surging 19% and driving record retail trading volumes, leading to platform issues.
Ethereum Rebound Watch: BitMine Accumulates 5.62M ETH, Lee's $22K Target in Focus
BitMine boosts Ethereum stash to 5.62M ETH, reigniting debate over Tom Lee's $22,000 target as ETH trades near $1,775.