Stock Market & Financial News
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 
Regenxbio Shares Rise on Plans to Resubmit Navsunli BLA for MPS II
RGNX shares jump after FDA alignment on next steps for Navsunli, paving the way for a planned MPS II BLA resubmission in Q3 2026.
RGNX 
CAT's Record Backlog: A Sign of Sustained Demand Strength?
Caterpillar's record $63B backlog jumps 79% year over year, boosting revenue visibility and supporting a stronger 2026 sales growth outlook.
CAT 
UAL Expands Starlink Wi-Fi Service to International Widebody Routes
United Airlines expands Starlink Wi-Fi to long-haul flights, with widebody rollout accelerating as customer use and satisfaction surge.
UAL 
RTX vs. General Dynamics: Which Defense Contractor Offers More Upside?
RTX vs. General Dynamics: Both defense giants ride rising budgets and strong backlogs, but one shows stronger growth prospects, investments and execution.
RTX 
ABBV Jumps on Deepening Immunology Portfolio With $10.9B APGE Buyout
AbbVie shares jump after its $10.9B Apogee deal adds late-stage eczema and respiratory candidates, deepening its immunology pipeline.
ABBV 
Amazon's Pullback Deepens as a New FTC Risk Hits the Stock
Shares of Amazon.com NASDAQ: AMZN started this week on the back foot, trading down around $230, their lowest level since early April. The stock has been going through a tough patch and is now down more than 16% from the all-time high it hit last month.
FTC 
Chainlink, Korean and European banks launch Project Pangea
Project Pangea could revolutionize global finance by enhancing cross-border transactions, reducing risks, and integrating blockchain with existing systems. Chainlink, Korean and European banks launch Project Pangea.
CuriosityStream: MOAT And Yield
CuriosityStream leverages its vast, copyright-compliant non-fiction content library as a key moat, targeting AI data training as its primary growth driver. CURI's licensing revenue, including AI training, rose to 40% of total revenue in 1Q26, offsetting a 5% decline in subscription revenue. Management projects full-year 2026 revenue to grow 8% year-over-year, with adjusted EBITDA expected to increase 120% at the mid-point of guidance.
CURI 
Pinterest CEO Bill Ready wants advertisers to see the platform as a search engine for shopping
Pinterest's CEO, Bill Ready, wants advertisers to know that its users come to the platform to shop. Search and product recommendations are now core parts of Pinterest's business.
PINS 
Oil shock nicked US GDP but resilience was the message, Dallas Fed research finds
Oil surging to more than $120 a barrel last spring cut about three-tenths of a percentage point from U.S. economic output, but the blow was a small fraction of what would have taken place from a similar oil shock in the 1980s when the country was more reliant on imports, a new Dallas Fed study estimated.
BNO 
Chainlink joins European and Korean bank consortia to develop FX settlement network
Banks across Europe and South Korea will study whether regulated euro and won stablecoins can enable real-time cross-border foreign exchange settlement.
Carnival shares fall as Q3 outlook misses estimates despite earnings beat
Carnival Corp (NYSE:CCL) shares fell almost 6% on Tuesday after the cruise operator issued a third quarter profit outlook below Wall Street expectations, overshadowing stronger-than-expected second-quarter results and record revenue. The company reported adjusted earnings of $0.41 per share for the quarter ended May 31, ahead of analysts' estimates of $0.33 per share.
CCL 
Chainlink teams up with 47 South Korean, European banks to speed up international money transfers
The alliance, called Project Pangea, plans to use stablecoins to settle multimillion-dollar currency trades between Europe and South Korea in near real time.
Chubb's Investment Portfolio Supports Long-Term Growth, Drives Profit
CB is benefiting from rising investment income, with its large investment portfolio providing a significant earnings boost alongside underwriting results.
CB 
Vitalik details Ethereum reset as Foundation cuts budget 40%
Vitalik Buterin outlined the sacrifices behind the Ethereum Foundations 40% budget cut and his long term lean and done vision for the protocol. Vitalik details Ethereum reset as Foundation cuts budget 40%.
