Stock Market & Financial News
EMA recommends revoking marketing authorisation for Amgen's rare-disease drug
The European Medicines Agency on Friday recommended revoking the marketing authorisation for Amgen's rare autoimmune disease drug, Tavneos, citing a lack of benefits that outweigh its risks.
AMGN MKC Q2 Earnings Call Highlights Flavor Solutions Strength
MKC's Flavor Solutions strength, margin gains and Unilever Foods planning offset softer U.S. consumer spice trends as management targets a volume reset.
MKC CMC Q3 Earnings Call Flags Stronger Q4 Setup
Commercial Metals says temporary Q3 headwinds are reversing, with backlog, pricing and precast integration setting up a stronger fiscal fourth quarter.
CMC BlackBerry's Rally Is Running on a Bigger AI Story Than Earnings Alone
Adjusted earnings per share (EPS) of four cents topped the analysts' estimate of three cents. However, a double beat alone doesn't explain BB's nearly 20% post-earnings surge, or its more than 170% year-to-date rally.
BB 
Bitcoin bounces from $58,000 as derivatives signal more pain in the pipeline
BTC touched its lowest level since September 2024 before rebounding to $59,770, while ETH slipped further and another $1 billion in futures positions were wiped out.
Strategy's Bitcoin bet sinks $12 billion underwater as STRC traders brace for more pain
Strategy's Bitcoin holdings have fallen roughly $12 billion below their purchase cost, placing the company's capital-raising model under its sharpest pressure since it accelerated its Bitcoin treasury strategy. The company held 847,363 Bitcoin as of June 21, acquired for an aggregate $64.1 billion at an average price of $75,651.
Expro Group Holdings: Specialized Technology, Margin Expansion, And Value Opportunity
Expro Group Holdings is rated Speculative Buy, driven by margin expansion, technological specialization, and disciplined capital allocation amid sector cyclicality. XPRO's Drive25 initiative and recent acquisitions have boosted adjusted EBITDA margins from 14% in 2021 to 22% in 2025, supporting operational efficiency. Despite a strong balance sheet and ~$275M backlog, XPRO trades at a discount due to market concerns over cyclicality and execution risk.
XPRO 
RB Global: Marketplace Infrastructure With Economic Moats, This Is A Buy
RB Global combines marketplace network effects, irreplaceable physical infrastructure, and valuable transaction data to create a unique ecosystem for salvaged vehicles and commercial assets. RBA posted strong Q1 results: 11% revenue growth, 13% EPS growth, and raised its 2026 outlook, supporting its quality EPS compounding profile. Rising vehicle complexity, repair cost inflation, and an aging U.S. vehicle fleet should support salvage volumes over time, while improving cycle times, enhancing value creation for RB Global clients.
GTLL 
Recce raises A$4M as it advances anti-infective trials and commercial licensing plans; another $4M to come in SPP
Recce Pharmaceuticals Ltd (ASX:RCE, OTC:RECEF) has raised A$4 million to support commercial licensing activity, clinical trials and regulatory-enabling work...
PVH 
Euro picks up above 1.1400 amid lower Oil prices and a softer US Dollar
Euro picks up above 1.1400 amid lower Oil prices and a softer US Dollar
First Reliance Bancshares (FSRL) Soars 20.3%: Is Further Upside Left in the Stock?
First Reliance Bancshares (FSRL) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
FSRL 
MaxLinear: Could Be One Of The Biggest AI Winners Nobody Talks About
MaxLinear is transforming from a cyclical connectivity chipmaker into a high-growth AI data-center infrastructure play, with infrastructure now its largest segment. MXL's infrastructure segment posted 136% YoY growth, driving overall Q1 revenue up 43% YoY, and management targets at least double the industry growth rate. Recent product launches, bullish analyst upgrades, and raised guidance (Q2 revenue midpoint $165M, up 52% YoY) underscore strong execution and operating leverage potential.
MXL 
Was XRP created before Bitcoin? David Schwartz responds
David Schwartz said Ryan Fugger designed a payment network before Bitcoin, but XRP and XRPL came later through new code in 2012.
Barratt and Bellway offer value despite gloomy housing outlook, say analysts
Barratt Redrow PLC (LSE:BTRW) and Bellway PLC (LSE:BWY) shares rose on Friday after Berenberg upgraded both housebuilders to 'buy', arguing that strong balance sheets and generous shareholder returns offer an attractive opportunity despite a worsening outlook for the sector. The broker cut its average profit before tax forecasts for the sector by 15% for 2027, citing elevated mortgage rates, higher energy costs and pressure on margins.
BLWYY 
Strength Seen in Groupon (GRPN): Can Its 24.9% Jump Turn into More Strength?
Groupon (GRPN) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
GRPN 
TD Synnex: Hyve And Distribution Are Both Pulling The Story Forward
TD SYNNEX delivered a robust Q2 2026, with revenue up 31% y/y and adj. EPS is up 62% y/y, supporting a reiterated buy rating. Hyve's rapid scaling—117% y/y adj. gross billings growth—now drives a larger share of SNX's operating profit, with visibility into further hyperscaler ramps. Distribution remains healthy, with 22% y/y gross billings growth and strategic wins like HPE's global partnership, broadening SNX's AI-driven demand exposure.
SNX 
Crypto Prices Today: Why Bitcoin Slipped Below $60,000 Again — Full Market Breakdown
Crypto prices today are deep in the red as Bitcoin breaches $60,000 again. Here's the full market breakdown of BTC, ETH, XRP and what's driving the sell-off.
PROG Holdings (PRG) Soars 5.1%: Is Further Upside Left in the Stock?
PROG Holdings (PRG) 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.
PRG 
Agilysys (AGYS) Surges 5.6%: Is This an Indication of Further Gains?
Agilysys (AGYS) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
AGYS 
Wise Shares Top Stoxx 600 Index Risers on Profit Beat, Fresh Buyback Plan
The payment processor reported a market-beating profit and outlined a new $500 million buyback program.
WPLCF 
$1,000 PLTR investment when President Trump praised Palantir is now worth
Thanks to its integration with the U.S. military, Palantir (NASDAQ: PLTR) stock temporarily reversed its previous losses with the onset of the Iran War before suffering another drop in early April.
PLTR 
Commerzbank asks investors to reject UniCredit bid
Commerzbank on Friday published a letter to shareholders again asking them to reject UniCredit's to buy shares, maintaining its months-long resistance to any deal as an offer period enters its final stretch.
CRZBY 
Bitcoin Slips Below $60K as Exchange Inflows Signal Rising Sell Pressure
Bitcoin (BTC) retreated to around $59,800 on Thursday, with market sentiment stuck in 'extreme fear' as fresh inflows into centralized exchanges pointed to the risk of renewed short-term volatility. As of 2:34 a.m.
Apple supplier Tata tightens internal controls after data breach, sources say
Tata Electronics, a key Indian supplier to Apple , has restricted internal access to sensitive systems as it investigates a leak of thousands of secret client files on the dark web, a Tata source and two industry officials said.
AAPL 
Gold Price Forecast: XAU/USD holds immediate support below $4,000 as US Dollar corrects
Gold Price Forecast: XAU/USD holds immediate support below $4,000 as US Dollar corrects
Sushiswap Brings dSLTP to 4 Blockchains, Giving DeFi Traders Automated Risk Controls
Sushiswap has integrated a stop-loss and take-profit protocol powered by Orbs Layer-3 technology, allowing traders to automate their risk management and profit-taking directly onchain while maintaining full custody of their assets.
Michael Saylor Reveals Why Strategy Is Not Changing Course on Bitcoin
Strategy Chairman Michael Saylor brushed off concerns about a potential pivot even as bitcoin continues to tumble, affirming that the company remains focused on the crypto asset.
BlackBerry Q1 Earnings Call Highlights QNX Growth & Higher Outlook
BB raises its FY27 outlook after Q1 results, with QNX growth, stronger cash generation and secure communications demand driving management's turnaround case.
BB 
Ethereum tests $1,500 support as ETF selling and whale losses mount, will it crash?
Ethereum has extended its weekly decline as a multi-billion-dollar options expiry, institutional selling, and a hawkish Federal Reserve outlook have driven the token back toward its key $1,500 support. According to data from crypto.
Leopold Aschenbrenner is up 200% on this stock this quarter
Leopold Aschenbrenner, known as one of the billionaire investors and the founder of the Situational Awareness Fund, disclosed a position in SharonAI Holdings (NASDAQ: SHAZ) in his last quarterly filings.
SHAZ 
