Stock Market & Financial News
Can Public Storage's $1.2B Canada Acquisition Drive Long-Term Growth?
Public Storage's $1.2B Canada deal adds 68 properties in major markets, with occupancy upside and PS Next efficiencies supporting long-term growth.
PSA NVO Gains as Foundation Unveils EUR 60M Cardiometabolic Research Push
Novo Nordisk stock rises 6% after the launch of a EUR 60.2M foundation-backed initiative to speed cardiometabolic drug discovery and support Europe-wide innovation.
NVO HWM Gains From Strength in Commercial Aerospace: Can the Momentum Last?
Howmet's commercial aerospace strength drives growth as air travel, aircraft demand and higher production support its 2026 outlook.
HWM Nio stock is falling despite strong revenue growth: now what?
Nio stock price dropped to a crucial support level this week as investors continued selling Chinese electric vehicle shares. It was trading at $5.05, and may be at risk of further downside after forming a risky chart pattern despite its strong revenue and delivery growth.
NIO 
China outpacing Europe in drug innovation and development, Pfizer executive says
China has pulled ahead of Europe in pharmaceutical innovation and drug development, a senior Pfizer executive said on Tuesday.
PFE 
Eli Lilly says Trump pricing policy will affect obesity drug launches in Europe
Eli Lilly expects to launch its weight-loss pill in Europe and Britain in the second half of 2026 or early 2027, with the drugmaker targeting the out-of-pocket telehealth market as it has done in the United States.
LLY 
Blackstone plans $30 billion investment in Japan AI data centres, Nikkei reports
Blackstone is planning to invest $30 billion in Japan's artificial intelligence data centers over the next three to five years, its president and chief operating officer Jonathan Gray told Nikkei in a recent interview, the business daily reported on Tuesday.
BX 
PSCT: 40% YTD Gain Driven By Small Cap Semiconductor Stocks
Invesco S&P SmallCap Information Technology ETF (PSCT) has beat XLK by 9% since January 2026, driven mainly by semiconductor stocks. Fundamentally, these gains make sense. Earnings growth acceleration, as measured by industry-level historical and expected growth rates, are huge for semiconductors. However, PSCT's high exposure to slower-growing and slower-accelerating software and services stocks hurts returns and risk-adjusted returns. More efficient choices are XSD and PSI.
PSCT 
Why Microsoft Needs to Carve its Own AI Path
Plus, tech job cuts, Sam Altman's web of investments and Asia's stock-market fever.
MSFT 
Comcast: A Risky Coiled Spring At 4.4x Earnings
Comcast is rated Buy at $22, with a deep value profile but faces intense broadband competition and revenue pressures. Fixed Wireless Access ("FWA") offerings from T-Mobile and Verizon are accelerating broadband subscriber losses and ARPU declines, with further risk from upcoming wireless spectrum auctions. Comcast's Project Genesis is upgrading broadband infrastructure by 2027, potentially improving competitiveness and free cash flow as capex levels off.
CMCSA 
Tesla Declines 5% While Lucid and Rivian Hold Steady: What's Going On With EV Stocks Today?
Tesla (NASDAQ:TSLA | TSLA Price Prediction) stock is having a difficult session, falling 5% to $383 even as other electric vehicle (EV) names are showing far more resilience.
TSLA 
Can Commissioning of Hydromet Demonstration Facility Fuel USAR's Growth?
USA Rare Earth commissions its Wheat Ridge hydromet facility, advancing U.S. rare earth processing and targeting separated oxides output by Q3 2026.
USAR 
MCHP Gains 56% in 3 Months: Is It Still a Red-Hot Stock to Bet on?
MCHP's 56.5% three-month rally is backed by AI data-center demand, stronger bookings and upbeat June-quarter guidance, with analysts seeing more upside.
MCHP 
MP Materials' Cash Flow Still Negative: Any Relief in Sight?
MP's cash flow improves in Q1 2026 but stays negative as higher costs, downstream expansion and rare earth price pressure continued to weigh on results.
MP 
THORChain Resumes Trading After $10.7M Exploit Forced Shutdown
THORChain resumes trading after exploit recovery, restoring swaps, liquidity actions, and network operations across chains.
Google Losing Ground as Consumers Seek Out Non-AI Search
Google is reportedly losing ground to other tech companies as consumers shift to non-AI search. That's according to a report Tuesday (June 23) from CNBC, which notes that while Google has so far disproved predictions that ChatGPT would mark its end, cracks have begun to appear in the tech giant's core business.
GOOG 
Is Occidental's Debt Reduction Plan a Catalyst for Long-Term Growth?
OXY's debt cuts, lower interest costs and stronger earnings estimates may boost financial flexibility and create long-term shareholder value.
OXY 
Middleby's Board Gives Nod to the Solstice Spin-Off Plan
MIDD approves the Midera Food Processing spin-off, with the separation set for July 6, paving the way for Midera to trade independently.
MIDD 
Carnival (CCL) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
Although the revenue and EPS for Carnival (CCL) give a sense of how its business performed in the quarter ended May 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
CCL 
Xenon Pharmaceuticals Stock Gains 22% in Six Months: Here's Why
XENE's shares climb 22% in six months as azetukalner delivers strong phase III epilepsy data and advances across multiple late-stage studies.
XENE 
Bitget Expands Beyond Crypto With Stock+ and Real US Equities
Bitget is pushing beyond its traditional crypto exchange model with Stock+, a new service giving eligible users access to real U.S. equities. Investors can fund purchases with digital assets, while the underlying shares are executed through regulated brokers rather than issued as synthetic crypto products.
SpaceX shares tick higher after two-day slump erases $600B
SpaceX Corp (NASDAQ:SPCX) shares rose 2.5% on Tuesday, offering a partial reprieve after a brutal two-day selloff that wiped more than $600 billion from the rocket and satellite company's market value and marked one of the most dramatic reversals ever seen in a newly listed mega-cap stock. The rebound follows a near-16% decline since the company's IPO earlier this month, pushing shares below their first-day opening price of $150 and threatening to pull the Elon Musk-led company's market capitalization below $2 trillion.
SPCX 
Digital Realty Bets on AI Growth With Major Expansion Moves
Digital Realty's latest Kansas City, Teraco and Columbia Capital deals aim to expand its AI-ready data center platform and support future growth.
DLR 
Can STMicroelectronics' VL53L9 Unlock the Next Wave of Edge AI?
STMicroelectronics N.V. STM dropped the veil on its revolutionary innovation, FlightSense VL53L9, which is a compact direct Time-of-Flight (dToF) 3D LiDAR module designed to deliver high-resolution depth sensing for next-generation edge AI applications.
STM 
Definium Stock Soars 50% as Phase III Depression Study Meets Key Goals
DFTX stock surges 50% as phase III data show its single-dose, investigational MDD therapy delivers rapid, durable symptom improvements and meets all key goals.
DFTX 
PAA vs. ET: Which Pipeline Stock Can Deliver Stronger Returns Now?
PAA's lower debt use, higher ROE, stronger 2027 estimate movement and six-month gains give it an edge over ET among pipeline stocks.
PAA 
SERV vs. UBER: Which Autonomous Delivery Stock is the Better Buy?
Serve Robotics offers autonomous-delivery growth potential, while Uber brings scale, profitability and a capital-light automation strategy.
SERV 
Bitcoin Tests Two-Week Low at $62K as Tech Stocks Waver on Wall Street
Investors are digesting a hawkish Fed, with risk-off sentiment driving a sell-off in AI and crypto
Fund manager names 3 non-AI stocks to own as Intel, AMD sink amid broader tech rout
The tech sector is experiencing a sharp global sell-off today, dragging down chipmakers like Intel, AMD, Micron, and even the artificial intelligence (AI) darling – Nvidia. What's driving this weakness is a combination of a global market contagion (KOSPI crashed over 10% prompting a trading halt), resurgent fears of the US rate hike, and a valuation reset on the AI trade.
INTC 
CBOE Stock Plunges 28.4% in a Month: Time to Buy the Dip?
Cboe Global leverages record derivatives activity, data services growth and portfolio optimization to fuel long-term expansion.
CBOE 
