Stock Market & Financial News
Struggling JetBlue shuts down key Newark, LaGuardia operations as New York airport costs soar
Struggling Queens-based carrier said it is shifting resources to booming South Florida in its latest bid to restore profitability.
JBLU Palantir: The Stock Is Expensive, But The Growth Is Not Normal
I rate Palantir Technologies a Buy with a $183 price target, implying 41% upside from current levels. My main growth drivers are US Commercial AIP adoption, government and defense AI, sovereign AI infrastructure software, and enterprise renewals across new verticals. I believe these growth drivers support an estimated 2028 EPS estimate of about $2.26.
PLTR Why Semiconductor Equipment Suppliers Are Crushing Their Customers in 2026
Investors in the semiconductor capital equipment sector often face a structural question about where value is created in the supply chain.
AMAT Aurora Spine Corporation (ASG:CA) Shareholder/Analyst Call Prepared Remarks Transcript
Aurora Spine Corporation (ASG:CA) Shareholder/Analyst Call Prepared Remarks Transcript
CA 
Bitcoin Surges Above $66K as Trump's Iran Deal Remarks at G7 Boost Market Sentiment
Bitcoin climbed above the $66,000 mark on Wednesday after U.S. President Donald Trump provided new details about the emerging U.S.-Iran agreement during a press conference at the G7 Summit, fueling optimism across global financial markets. The cryptocurrency market reacted positively as Trump outlined key elements of a Memorandum of Understanding (MOU) between the United States and Iran.
Trump's Truth Social Stake Loses $1.3 Billion as His Golf Empire Posts Record Profits
Don Lair writes about options income, dividend strategy, and the kind of boring-but-durable investing that actually funds retirement.
EMLAF 
WQTM: The Quantum Computing Trade Wall Street Is Missing
The Macro Shift: Generative AI built on traditional silicon is approaching a literal power and physical limitation wall. Quantum computing is one of the most credible next-step technologies. The Catalyst: Quantum Computing is waiting for its breakout moment. The U.S. Commerce Department just threw a $2 billion bag of CHIPS Act cash at the quantum sector. The Edge: I rate the WisdomTree Quantum Computing Fund (WQTM) as a Buy. It wraps the top quantum names with the largest moats into a diversified basket.
QMCO 
CME Group's Terry Duffy to Step Down as CEO, Ceding Role to Finance Chief
The succession will mark the end of an era for the derivatives exchange, which transformed under Duffy's long run.
CME 
Will Colgate's Strategic Efforts and Innovation Bolster Growth?
CL leverages pricing power, premium innovation and productivity initiatives to drive growth, expand margins and strengthen brand momentum.
CL 
3 Beaten-Down Stocks That Could Roar Back in June
June is shaping up as a stock-picker's month. Spring volatility has settled, and contrarian investors are scanning the wreckage for quality names trading well off their highs with identifiable recovery catalysts.
LULU 
Robinhood Soars 12%, Webull Jumps 8% as a Workforce Cut Meets Record Trading Volumes
Shares of Robinhood (NASDAQ:HOOD | HOOD Price Prediction) are surging in midday trading on Wednesday, June 17, with the stock up 12% to roughly $109.
HOOD 
Defense Stock Slips Back Near Annual Lows Before Earnings
AeroVironment, Inc. (NASDAQ:AVAV) will report fiscal fourth-quarter earnings after the market closes on Monday, June 29.
AVAV 
Bitcoin layer-2s face a bear-market reality check
Botanix's shutdown has raised an uncomfortable question for Bitcoin builders: Does the market actually want programmable BTC, or just a better way to borrow, lend and earn yield on it?
Silver (XAG) Forecast: Silver Rally Stalls as Fed Kills Rate Cut Hopes
Fed removes easing bias and silver falls as traders price out 2026 rate cuts, putting the 200-day moving average at $68.72 in focus.
Critical Metals: Sizing Up This Tiny Rare-Earth Stock Making Big Moves
Among the various corners of the stock market, few have attracted as much attention as rare-earth element companies. This comes as the global economy looks to loosen China's grip on this market by investing in non-Chinese supply chains.
ALOY 
Blue Owl Capital: Dividend Cut, Balance Sheet Improves Risk/Reward, But Still Not A Buy
Blue Owl Capital remains a hold as macro uncertainty and tight dividend coverage offset improved liquidity and leverage. OBDC trades at a 22.5% discount to NAV and offers an 11% forward dividend yield after a recent 16% dividend cut. Leverage improved to 1.13x, non-accruals declined, and Moody's upgraded OBDC to Baa2, enhancing balance sheet strength.
OWL 
SpaceX Has ‘All the Characteristics' of a Mag 7 Stock, Top Strategist Says After Record IPO Debut
Vanda Research's Viraj Patel walked CNBC viewers through one of the strangest sessions of the year on June 16, with a direct message: Retail investors sold the rest of the market to fund a single bet on SpaceX (NASDAQ:SPCX).
SPCX 
Pfizer: Why I'm Still Expecting A Massive Rebound
Pfizer Inc. remains a Buy with 55%+ upside potential over two years, driven by a robust pipeline and undervalued forward earnings. PFE's Q1 2026 results beat estimates, with non-COVID sales up 7% YoY and strong contributions from Seagen and new product launches. Key catalysts include the potential blockbuster GLP-1 candidate berobenatide, aggressive oncology growth, and patent settlements extending revenue streams.
PFE 
QCP: Strategy's Bitcoin Overhang Keeps BTC Capped Below $66,000
QCP warns Strategy's note buyback and dividend pressure keep Bitcoin capped below $66,000.
KEFI Gold and Copper Plc (KFFLF) Discusses Share Issuance Impact and Tulu Kapi Project Development Progress Transcript
KEFI Gold and Copper Plc (KFFLF) Discusses Share Issuance Impact and Tulu Kapi Project Development Progress Transcript
KFFLF 
Elon Musk's wealth has now surpassed Bitcoin market cap amid SpaceX's continued rally
Elon Musk's personal fortune has surpassed the market value of Bitcoin, a milestone that shows how quickly SpaceX's public-market debut has reshaped both wealth rankings and the broader conversation around speculative risk. According to Bloomberg's Billionaire Index, Musk's net worth rose to about $1.
3 Stocks That Have Made Long-Term Investors Rich (and Could Do It Again)
June is a natural moment for mid-year reflection. Short-term traders are squaring quarterly books, but long-term investors should be doing something different: Stepping back to ask which businesses have already produced multi-decade compounding, and whether the moats that drove those returns are still intact today.
AAPL 
Fed Holds Rates Steady, Signals Higher-for-Longer Policy as Bitcoin and Stocks Slip
The Federal Reserve kept its benchmark federal funds rate unchanged at 3.50%3.75% on Wednesday, a widely anticipated decision that nevertheless rattled financial markets as policymakers signaled a more hawkish outlook for the years ahead. In its latest policy statement, the Fed said the U.S. economy continues to expand at a solid pace despite ongoing uncertainty linked in part to the conflict in the Middle East.
FIFA wanted Avalanche's blockchain to help curb World Cup ticket scalping. Here's how it's going
In this week's edition of The Protocol Newsletter, we're looking at how FIFA is using the Avalanche blockchain to test out a new ticketing system.
Michael Saylor Reveals Why Bitcoin Has Underperformed in 2026
Michael Saylor used his appearance at the BTC Prague conference to respond to criticism over the sale of 32 Bitcoin that Strategy carried out at the end of May and to offer his own theory on Bitcoin's underperformance in 2025.
Moody's Expands Credit Ratings to Solana for Tokenized Bonds
Moodys Ratings is expanding its blockchain strategy by bringing its credit ratings infrastructure to the Solana (SOL) network, enabling issuers of tokenized bonds and other fixed-income assets to integrate Moodys credit assessments directly into blockchain-based securities. The initiative, announced in partnership with Solana-focused tokenization firm Alphaledger, extends Moodys Token Integration Engine (TIE) to one of the largest public blockchain networks.
Coinbase's push into tokenized equities, AI could expand addressable market, says Jefferies
Coinbase Global Inc (NASDAQ:COIN) is accelerating innovation across trading, payments and artificial intelligence, with recent product launches reinforcing its ambition to become a unified exchange for multiple asset classes and potentially broaden its addressable market, Jefferies analysts wrote following the company's System Update event. The analysts highlighted Coinbase's launch of tokenized equities for customers outside the United States, offering 1:1 exposure to underlying stocks, including dividend rights, through fully on-chain assets.
COIN 
Devon Energy: Lower Oil, Higher Earnings, Shares Near Key Support
Devon Energy remains a "Buy," with shares offering solid value despite recent oil price volatility and a technical correction from March highs. DVN delivered strong Q1 free cash flow of $816 million, maintained capital discipline, and ended the quarter with a clean balance sheet and $4.8 billion in liquidity. EPS growth is projected to accelerate into FY 2026 and beyond, with 17 recent sellside upgrades and a 12.6% FCF yield supporting the investment case.
DVN 
Kuros Biosciences AG (CSBTF) Analyst/Investor Day Transcript
Kuros Biosciences AG (CSBTF) Analyst/Investor Day Transcript
CSBTF 
UK imposes rules targeting Google search fairness
Britain's competition watchdog introduced new rules Wednesday requiring Google to be fairer and more transparent in how it ranks search results, as part of moves tackling the technology giant's dominance.
GOOG 
