Stock Market & Financial News
Energy Fuels Just Made a Bold Bet on Rare Earth Magnets
Traders who dumped Energy Fuels NYSEAMERICAN: UUUU shares after its $1.9 billion deal to buy German magnet maker Vacuumschmelze are missing a major shift.
UUUU Acuity (AYI) Beats Q3 Earnings and Revenue Estimates
Acuity (AYI) came out with quarterly earnings of $5.31 per share, beating the Zacks Consensus Estimate of $5.2 per share. This compares to earnings of $5.12 per share a year ago.
AYI Why software stocks like INTU, ADBE, TTD, WDAY, CRM are trailing the S&P 500
The S&P 500 Index has surged more than 21% over the past 12 months and is up 7% year to date, adding trillions of dollars in market value. The rally has been fueled by the ongoing artificial intelligence boom, which has driven corporate earnings growth to multi-year highs.
INTU Here Are Thursday's Best Wall Street Analyst Research Calls: Brown-Forman, CoreWeave, Intel, JFrog, Keurig Dr. Pepper, Klarna Group, Qualcomm, Shift 4 Payments, and More
Futures are trading higher this morning, after all the big funds and portfolio managers may have shown their hands on Wednesday, as the tech and chip stocks sell-off resumed after stocks started higher in the morning but faded in the afternoon.
INTC 
RENDER Network faces negative GPU supply for first time since 2018
Render Network's GPU shortage highlights rising AI demand, risking customer loss to competitors and emphasizing decentralized compute's growing market. RENDER Network faces negative GPU supply for first time since 2018.
Holley Is Finally Cheap Enough To Get Bullish About (Rating Upgrade)
Holley, Inc. is upgraded to a soft 'buy' as valuation becomes more attractive relative to peers and profitability improves. HLLY's revenue guidance was reduced due to portfolio optimization, but EBITDA guidance remains unchanged, reflecting effective cost control. Management's cost-cutting, SKU rationalization, and asset sales are expected to generate $15M+ in cash and $1–2M in annualized EBITDA.
HLLY 
US automotive quality increased industrywide last year, with Ford taking top honors
The automotive industry's increasingly complex vehicles improved in overall quality during the past year, with Ford Motor taking the top initial quality award among mass market brands, according to data from J.D. Power.
F 
Wendy's shares soar for a second day as retail investors pile into their new meme darling
Shares surged another 12% in premarket after a 25.7% gain in the previous session, their biggest advance since June 2021. The rally appeared largely disconnected from company fundamentals and instead reflected a burst of social-media enthusiasm that has transformed Wendy's into the latest meme-stock favorite.
WEN 
Amazon ups India bet with fresh $13B AI infrastructure investment
Amazon on Thursday said it would invest an additional $13 billion to expand its AI and cloud footprint in India through 2030.
AMZN 
GameStop's CEO just sacrificed a $35 billion pay package. Here's how it could impact his effort to buy eBay
GameStop CEO Ryan Cohen scrapped his pay package plan that stood to net him as much as $35 billion if he hit certain performance targets, citing a desire to focus on his eBay takeover bid. However, Cohen has shared few details on how he'll move forward with his $56 billion offer for eBay since the company rejected the proposal in May.
GME 
Bitget Upgrades CFD Copy Trading With Custom Risk Management Tools
Bitget has upgraded its CFD Copy Trading system with personalized tools that give followers more control over position size, losses and overall exposure. The update moves Bitget beyond simple trade replication by allowing each user to follow experienced traders without automatically accepting the same level of risk.
FBCG: A Hyper-Concentrated Active Management On The Russell 1000
Fidelity Blue Chip Growth ETF employs active, conviction-weighted stock selection, outperforming the Russell 1000 Growth Index over the past three years during market concentration phases. FBCG's portfolio is highly concentrated: over 60% in its top 10 holdings and 80-82% in tech, consumer discretionary, and communication services, amplifying both returns and volatility. While forward valuations in FBCG's core sectors appear reasonable, rising CAPEX and potential EPS disappointments pose significant downside risk if expected growth fails to materialize.
FBCG 
Globe Life: An Attractive Share Cannibal
Globe Life aggressively reduces share count, prioritizing buybacks over dividends for shareholder returns. GL's disciplined, captive agent model and focus on underserved markets drive steady sales and EPS growth. GL offers 12% upside if growth expectations and valuation normalize.
GL 
Micron's record-breaking quarter reveals AI's next trillion-dollar bottleneck
Micron Technology's latest earnings were not just another strong AI-chip result, but a warning that the next big shortage in artificial intelligence may be hiding in memory. The company reported record fiscal third-quarter revenue of $41.5 billion and adjusted profit of $25.11 per share, both comfortably ahead of Wall Street estimates.
MU 
Daktronics FY26 Earnings Review: Decent Play With Good Margin Of Safety (Rating Upgrade)
Daktronics Inc. delivered solid FY26 results, with 21% y/y revenue growth and notable margin expansion. Live Events drove performance, up 42.4%, while orders dipped 7.7% sequentially but reached a record-high $860.8m annually. Gross margin rose to 28% in Q4 and operating margin reached 7.2% for the year, but operating cash flow declined to $49m.
DAKT 
Next Year Will See An Oil Glut But Price Pressure Will Be Delayed
As always, there is a huge split between oil price bulls and bears which is hardly surprising given the massive uncertainty about the geopolitical environment. Will the ceasefire hold?
BNO 
Micron stock soars 18% on earnings beat
With the closing bell on June 24 and the quarterly filing that came with it, Micron (NASDAQ: MU) effectively erased its entire stock market loss created with the 13% drop on Monday.
MU 
Sunrun (RUN) Soars 12.6%: Is Further Upside Left in the Stock?
Sunrun (RUN) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
RUN 
Bitcoin ETFs Lead Nearly $500 Million in Outflows as Crypto Funds Slide
Bitcoin Outflows: Bitcoin ETFs saw $469.0 million in redemptions on June 24, with major issuers including BlackRock, Fidelity, ARK, Bitwise, and Grayscale all posting losses. Ethereum Pressure: Ethereum ETFs extended their three-day slide to $178.8 million, reflecting uneven demand as funds from Fidelity, BlackRock, and Grayscale led withdrawals across the category.
XRP price risks fresh losses as sellers tighten grip below $1.07 support
XRP has dropped through the $1.07 support area as traders brace for another leg lower amid mounting bearish pressure. According to data from crypto.
Revolve Group: The Perfect Mix Of Customer Growth, Margin Expansion, And A Dash Of AI
Revolve Group is seeing accelerating top-line growth driven by technology investments and international expansion. Management credits proprietary technology, data-driven operations, and strong brand positioning for building momentum and customer connection. Recent performance dispels the notion that RVLV's growth is merely cyclical, highlighting structural advantages.
RVLV 
PAYX Q4 Earnings Call Flags AI Push, Steady Fiscal 2027 View
Paychex enters fiscal 2027 with cleaner execution, steadier growth, Paycor synergies and WISE AI monetization in focus.
PAYX 
Micron's Jaw-Dropping Earnings Show It Is Leaving Nvidia Behind in the AI Boom
Artificial intelligence has created a handful of corporate winners, but one company has towered above the rest.
MU 
Alphabet: Still A Top-Tier AI Compounder
Alphabet is a strong buy, as the market still underestimates its multi-layered AI monetization potential despite a premium valuation. GOOGL's AI-driven Search, Cloud, and TPU monetization are accelerating operating income growth even amid a historic capex cycle. Google Cloud's $462B backlog and 63% YoY revenue growth provide hard evidence of robust AI infrastructure demand and operating leverage.
GOOG 
Bitcoin derivatives signal panic ahead of US core PCE data release
Bitcoin's market volatility underscores the broader impact of economic data on speculative assets, highlighting the sensitivity to macroeconomic shifts. Bitcoin derivatives signal panic ahead of US core PCE data release.
Winnebago Cuts Outlook Amid Declining Sales
The motorhome maker posted a fiscal third-quarter profit of $14.5 million, or 51 cents a share, compared with $17.6 million, or 62 cents a share, in the same quarter a year ago.
WGO 
PTA: Trades At A Discount But Uncertain Outlook
Cohen & Steers Tax-Adv Pref Secs and Inc Fund offers an 8.5% yield, appealing mainly to income-focused investors seeking portfolio diversification. PTA trades at a 7.5% discount to NAV, but rising interest rates and high leverage (34.61%) present notable risks to earnings and capital preservation. 77% of PTA's holdings are below investment grade, with heavy concentration in financials, increasing default and sector-specific risk exposure.
PTA 
Washington's Quantum Push Puts IBM and IonQ on the Throne
The global race for computational supremacy has reached a historic inflection point as Washington shifts from passive research subsidies to active, state-backed equity ownership. This unprecedented move permanently alters the investment landscape for high-performance computing, signaling to the market that sovereign dominance in quantum technology is now a national security imperative.
QMCO 
EUR/USD Price Forecasts: Nearing yearly lows at 1.1330 ahead of US Inflation figures
EUR/USD Price Forecasts: Nearing yearly lows at 1.1330 ahead of US Inflation figures
Sandisk, Intel, Western Digital, and More Stocks That Explain Today's Market
Memory-chip maker Micron underlines its status as a market bellwether, as its stellar earnings revive the stuttering AI trade.
INTC 
