Stock Market & Financial News
Micron: AI Momentum Keeps The Bull Case Intact
Micron (MU) remains a beneficiary of sustained AI-driven memory demand, though valuation is less compelling after a significant run-up. Current memory shortages are expected to persist, with hyperscalers and AI adoption driving robust demand and long-term contracts reducing near-term risk. MU trades at 12x–14x 2030 EPS estimates, with buybacks prioritized to return capital; cyclical risks and innovation-driven disruption remain key considerations.
MU Genmab Shares Climb After Lymphoma Therapy Hits Goal in Trial
The Danish biotechnology company and partner AbbVie said a drug combination to treat lymphoma met the primary goal in a late-stage clinical trial.
GMAB Doximity: Everyone Is Focused On The Guidance While Missing The Valuation And AI Stories
Doximity issued conservative FY2027 guidance, projecting 4% revenue growth and a 49% adjusted EBITDA margin, triggering a post-earnings stock selloff. I view the selloff as a temporary dislocation and a compelling buying opportunity for value investors given DOCS's resilient core platform usage. Management emphasized record physician engagement and continued dominance of DOCS's core products despite macroeconomic and regulatory headwinds.
DOCS Silver price today: Silver rises, according to FXStreet data
Silver price today: Silver rises, according to FXStreet data
Trump's Bitcoin made in America push runs into a power problem the tax bill cannot fix
Congress is moving to fix how the US tax code treats crypto mining and staking rewards, and for validators and their institutional clients, the fix is long overdue. H.R.
Best Growth Stocks to Buy for June 30th
DVA, FIVE, and PBI it to the Zacks Rank #1 (Strong Buy) growth stocks list on June 30, 2026.
DVA 
Comcast's Breakup Is Overdue. It Shouldn't Rush Into a New Marriage.
The case for bundling media with distribution has weakened in the streaming era, but further M&A makes less sense.
CMCSA 
Carl Rinsch sentenced to 30 months for misusing Netflix funds on Dogecoin
The case underscores the legal risks of unauthorized crypto investments and highlights the importance of accountability in financial dealings. Carl Rinsch sentenced to 30 months for misusing Netflix funds on Dogecoin.
H.B. Fuller Q2 Earnings Call Flags Pricing, AMS Ambitions
FUL flags stronger pricing, higher profit guidance and a proposed AMS deal aimed at expanding its medical adhesives platform and boosting margins.
AMS 
Strait of Hormuz is reopening faster than expected, says Morgan Stanley as it cuts oil-price target
The Strait of Hormuz is reopening faster than expected, oil analysts at Morgan Stanley said as they cut their oil-price view for this year and next.
MGHL 
Entain and Rank fall on report that Burnham could hike gambling machine taxes
Shares in Ladbrokes and Coral owner Entain PLC (LSE:ENT) and Grosvenor casino owner Rank Group PLC (LSE:RNK) fell after a report that slot machine shops and casinos could face a £460 million tax rise under a future Labour government led by Andy Burnham. According to the Guardian, the Social Market Foundation has proposed doubling machine games duty from 20% to 40% on higher-stakes Category B machines, which allow £2 spins every 2.5 seconds.
GMVHF 
Ethereum price risks lower low as ETH struggles near $1,500
Ethereum trades near $1,580 as monthly support weakens, ETF outflows persist and leverage resets across major derivatives markets this week.
'47 Ronin' Director Gets 30 Months for Spending Netflix's $11M on Dogecoin
Carl Rinsch gambled Netflix's $11 million on stock options and Dogecoin, then spent the winnings on luxury cars and watches.
Seagate: Mass Capacity HDD Is Having Its Moment (Rating Downgrade)
Seagate Technology surged 241% since my last coverage, dramatically outperforming the benchmark's 7%. I remain bullish on STX, citing revolutionary AI-driven demand and ongoing catalysts in the data center and memory markets. I downgrade STX to Buy from Strong Buy, as much of the upside may be reflected in the current price.
STX 
Ford to recall over 741,000 US vehicles due to park system issue, NHTSA says
Ford is recalling 741,195 vehicles in the US over a transmission defect that can damage the park system, which in turn could result in vehicles rolling away, the US National Highway Traffic Safety Administration said on Tuesday.
F 
Quant funds suffer their worst trading rout of the year as momentum bets unwind
The recent quant fund losses highlight the risks of crowded trades, challenging their appeal as uncorrelated investments for portfolios. Quant funds suffer their worst trading rout of the year as momentum bets unwind.
SM Energy: Don't Believe The Fear, Buy The Upside Instead
SM Energy is rated Strong Buy, trading at a 70% sector discount despite robust asset growth and operational improvements. Recent mergers and acquisitions, notably Civitas and Uinta Basin, have expanded SM's asset base to 800,000 net acres, boosting oil and NGL output. Derivative losses, primarily inherited from Civitas, temporarily cap crude upside but are expected to reverse by 2027, unlocking further value.
SM 
Accenture: Betting On Stability, Not Growth
Accenture (ACN) trades at historically low valuations, with a forward P/E of 9.3 and forward P/FCF below 8, despite its strong cash generation. I see valid AI-related risks, but ACN's early pivot to AI, strategic acquisitions, and ecosystem partnerships position it better than peers to adapt. Recent acquisitions in cybersecurity are expensive but strategically diversify ACN's revenue mix and support its non-FTE business model ambitions.
ACN 
Nvidia's culture of frugality extends all the way to the cafeteria
Nvidia pays exceptionally well. Just don't expect free lunch.
NVDA 
Medicare will start covering obesity drugs for the first time. Here's what patients should know
Starting Wednesday, eligible seniors with Medicare coverage can access GLP-1s for obesity with a copay of just $50 per month through a temporary program called Bridge. The move could unlock a vast new patient population for Novo Nordisk and Eli Lilly and dramatically expand access to medications that were previously out of reach for many older Americans.
NVO 
Gold: Deeper pullback eyes October lows – Societe Generale
Gold: Deeper pullback eyes October lows – Societe Generale
Digital Realty falls 4% after taking $3.5 billion stake in Blackstone's Virginia data centers
Digital Realty said Tuesday is purchasing a $3.5 billion stake in three data centers from Blackstone. The global data center firm fell in premarket trading following the announcement.
BX 
Gold Declines: Fed Policy and Geopolitics Weigh
Gold prices fell below 4,000 USD per troy ounce on Tuesday, reaching their lowest level in nearly eight months. The precious metal remains under pressure amid expectations of further Federal Reserve tightening and ongoing uncertainty over the Middle East situation.
Baidu: Deeply Mispriced As The AI Pivot Accelerates
Baidu is rated a Strong Buy, driven by robust financials and an advancing pivot toward AI infrastructure and autonomous technologies. AI Cloud revenue surged 79% YoY, now comprising 52% of general business revenue, offsetting the 29% YoY decline in legacy search. BIDU's $40.44B equity, $27.55B expanded liquidity, and $5B buyback program support aggressive AI investments and shareholder returns.
BIDU 
Forget the Level. Watch the Timing: Intervention Risks Rise as USD/JPY Hits 40-Year High
USD/JPY has broken to a fresh 40-year high, and with it, the market may have abandoned the wrong debate. Traders have speculated whether Japan would intervene at 160, then 162, then perhaps 163 or 164.
Intraday Analysis 30.06.2026
Intraday analysis covering USDCHF, XAUUSD (The gold) , and US 30 , highlighting recent price movements, key technical levels, and short-term momentum shifts across major markets. USDCHF takes a breather The US dollar remains bullish as prices pulled back from the recent bull rally.
Binance to Adjust XRP Collateral Ratio and Contract Leverage Tiers on July 3
Binance will adjust the XRP collateral ratio alongside multiple contract leverage and margin tiers on July 3, affecting how the token is treated as collateral and altering risk parameters for leveraged derivatives positions.
FIFA World Cup 2026: Analysts see Robinhood, Adidas and Shake Shack as early winners
The FIFA World Cup has entered its third week, with packed stadiums, soaring television audiences, and fans closely following every twist in the tournament. But while the football has dominated headlines, equity analysts have been studying another competition unfolding off the pitch: which listed companies stand to benefit most from the world's biggest sporting event.
ADDYY 
XRPL lending protocol enters key validator voting phase
XRPL's native lending protocol enters validator voting, aiming to add on-chain credit, vaults and fixed-term loans for institutions.
USD/CHF Price Forecast: Poised to extend gains beyond 0.8100 amid broadly firmer USD
USD/CHF Price Forecast: Poised to extend gains beyond 0.8100 amid broadly firmer USD
