Stock Market & Financial News
CHWY Is Tapping AI and Pet Health to Expand Margins in 2026
Chewy is leaning on pet health, AI and ads to widen fiscal 2026 margins, even as cautious consumers pressure sales and spending trends.
CHWY ALK Expands West Coast Operations With New PDX Maintenance Facility
Alaska Airlines invests more than $135 million in a new Portland maintenance hangar, expanding fleet support, boosting capacity and backing future growth plans.
ALK CSX Stock Up 45.5% Y/Y: Can the Momentum Last Throughout 2026?
CSX shares surge 45.5% in a year, supported by growth initiatives, stronger network performance and rising earnings estimates.
CSX Franklin Climbs to a New 52-Week High: How to Play the Stock Now?
After hitting a new 52-week high, can BEN's expanding alternatives platform and strategic growth initiatives drive further upside? Let us find out.
BEN 
Citigroup's Card Delinquencies Decline, Charge-Offs Rise in May
C's credit card delinquencies improved in May, but rising net charge-offs highlight mixed trends in its consumer credit performance.
C 
4 Attractive Leisure & Recreation Stocks Amid Industry Momentum
The Leisure and Recreation Products industry is benefiting from strong fitness demand and momentum in the boating industry. Moreover, stocks like YETI, MBUU, MCFT and ESCA are likely to benefit from the trend.
ESCA 
Is CHWY Stock a Buy After Its Selloff and Lower Revenue View
CHWY's sharp selloff and lower fiscal 2026 revenue outlook put its cheap sales multiple, Autoship strength and demand risks in focus.
CHWY 
Gold (XAUUSD) Price Forecast: Is Warsh Standing Between Gold and a Breakout?
Gold price holds steady ahead of Kevin Warsh's first Fed meeting as traders await signals that could spark a breakout or renewed selling.
Uber takes on Waymo and Tesla with expanded robotaxi service in Houston
CNBC's MacKenzie Sigalos reports on Uber's latest expansion of autonomous vehicles into Houston.
UBER 
Rate Hikes & Acquisitions Drive AWK's Growth Despite Regulatory Risks
American Water's growth is supported by new rates, acquisitions, merger plans and major capital investments, though regulation and aging infrastructure pose risks.
AWK 
After SpaceX, Amazon Could Be The Next Best Space Stock
The stock has been buffeted by a combination of AI CapEx concerns, a high-profile rocket explosion, and a broader risk-off mood that's weighed on even the strongest names in tech. It's been a frustrating sell-off given the recent all-time highs the stock had been printing.
AMZN 
Could A Space X Wealth Effect Find Its Way Into Bitcoin?
While many investors view blockbuster AI-related IPOs as a threat to crypto liquidity, the SpaceX public offering could create a wealth effect that finds its way into Bitcoin (CRYPTO: BTC) and digital assets. "Crypto Is A Value Trade" In an interview on June 16, Aaron Arnold, co-founder of Altcoin Daily, argued that capital currently flowing into AI investments is unlikely to remain concentrated there indefinitely.
Nebius (NBIS) Stock Soars to Record High Following Nasdaq-100 Entry and Eigen AI Merger
Nebius Group (NBIS) established a new record peak of $279.80 during Wednesday's market hours, climbing approximately 6.1% in the trading day. Shares concluded the session near $271.58, advancing from the prior day's closing price of $265.10.
CarMax earnings create a buying opportunity in Carvana stock
Carvana (CVNA) shares opened in the “red” this morning in sympathy with peer CarMax (KMX) whose Q1 earnings signaled margin compression, stubbornly weak volumes, and rising acquisition costs. But a compelling case can be made that the market is lazily painting both companies with the same brush, ignoring the fundamental structural differences between how they operate.
KMX 
Snap AR glasses debut sends shares lower on high price tag concerns
Snap Inc (NYSE:SNAP) shares fell about 4% following the company's unveiling of its new augmented reality (AR) glasses, Specs, as investors weighed the high price tag and uncertain consumer demand against the company's long-term vision for wearable computing. The company introduced Specs at the Augmented World Expo in California, positioning the device as its first consumer-facing standalone AR glasses.
SNAP 
CarMax Drops 7% Despite Earnings Beat, Carvana Tumbles 8% on Used-Car Margin, Credit Fears
Shares of CarMax (NYSE:KMX | KMX Price Prediction) stock are down 7% midday Wednesday near $48.30 after the used-car retailer reported fiscal Q1 2027 results before the open.
KMX 
Rhythm Pharmaceuticals, Inc. (RYTM) Discusses Positive Interim Results from Phase 2 Setmelanotide Trial in Prader-Willi Syndrome Transcript
Rhythm Pharmaceuticals, Inc. (RYTM) Discusses Positive Interim Results from Phase 2 Setmelanotide Trial in Prader-Willi Syndrome Transcript
RYTM 
Nine Entertainment Co. Holdings Limited (NNMTF) Discusses QMS Media Acquisition and Strategic Portfolio Realignment Transcript
Nine Entertainment Co. Holdings Limited (NNMTF) Discusses QMS Media Acquisition and Strategic Portfolio Realignment Transcript
NNMTF 
CarMax, Inc. (KMX) Q1 2027 Earnings Call Transcript
CarMax, Inc. (KMX) Q1 2027 Earnings Call Transcript
KMX 
4 Cosmetics Stocks Worth Watching on Favorable Industry Trends
EL, ELF, HELE and NUS are benefiting from growing skincare demand, product innovation and expanding digital channels.
EL 
Ethereum's next leap in scalability? Glamsterdam upgrade set for Q3 2026
Ethereum's plans for the next major upgrade aim to improve scalability as rollups and institutional demand expand.
Old Bitcoin Holders Are Selling Far Less Than in Previous Cycles, Says K33
Bitcoin rose 6% over the past week and K33 notes that 79% of the circulating supply is held by long-term holders, a historical record. Only 218,421 BTC older than two years were reactivated through June 6, the lowest figure since 2012, indicating reduced selling pressure.
Progressive names new leadership structure as profit jumps
Progressive Corp (NYSE:PGR) reported a 36% surge in monthly net income and announced a leadership shake-up, as Personal Lines President Pat Callahan prepares to retire after nearly 24 years with the insurer. The Cleveland-based auto insurer posted net income of $1.45 billion for the month ended May 31, up from $1.07 billion a year earlier, with earnings per share rising to $2.47 from $1.81.
PGR 
Tetra Tech Wins Four-Year Scotland Excel Consultancy Framework
Tetra Tech secures all nine lots in Scotland Excel's four-year framework, expanding infrastructure and environmental project support.
TTEK 
Beyond Hardware: Software ETFs to Buy in the Next Leg of the AI Boom
Software-focused ETFs are gaining attention as AI adoption boosts demand for enterprise applications, cloud services, and cybersecurity.
IGPT 
FIS Expands Commercial Lending Suite With New Loan Trading Solution
Fidelity National launches Trade & Distribution Manager to automate secondary loan trading, expanding its lending suite as demand grows for integrated lending tech.
FIS 
Planet Labs vs. Rocket Lab: Which Space Stock Has an Edge?
RKLB has an edge over PL as price performance, growth estimates, defense demand, backlog visibility and vertical integration support its growth.
PL 
Can Anysphere Buyout Drive SPCX Further After a Blockbuster IPO?
SpaceX's $60B Anysphere deal could boost its enterprise AI push after a $75B IPO, but execution risks and Cursor growth remain key tests.
SPCX 
Implied Volatility Surging for Axos Financial Stock Options
Investors need to pay close attention to AX stock based on the movements in the options market lately.
AX 
Are Industrial Markets Likely to Drive Strong Growth for VSH in 2026?
Vishay's industrial segment gains momentum in Q1 2026, with AI infrastructure, smart-grid demand, and power investments emerging as key growth drivers.
VSH 
