Stock Market & Financial News
Bitcoin Reclaims $63K as BlackRock Absorbs $81M in Minutes
Bitcoin returned above $63,000 after renewed institutional buying helped stabilize the market. BlackRock's IBIT ETF absorbed around $81 million in BTC through Coinbase Prime transactions within minutes. Large Bitcoin holders accumulated more than 270,000 BTC near recent lows as buying pressure increased.
Columbus McKinnon Carries Risk, But With That Comes Real Opportunity
Columbus McKinnon remains a "Buy" despite a 65% share price decline and mixed profitability, as the market undervalues its transformation. CMCO's $2.81 billion Kito Crosby acquisition, funded by debt and preferred stock, drives significant revenue growth and expands the addressable market to $35 billion. Backlog surged to $519.6 million, with management guiding FY27 revenue of $2.05–$2.12 billion and EBITDA of $390–$400 million, reflecting acquisition synergies.
CMCO Silver (XAG/USD) Price Forecast: Resistance Test May Decide Next Move
Silver is testing a major resistance zone after a counter-trend rally, with a breakout or rejection likely to determine whether the correction ends or extends lower.
Ex-Nasdaq CEO Warns SpaceX's ‘Unprecedented' Lockup Expiration Could Flood the Market With $800 Billion in Shares
Robert Greifeld, who was NASDAQ's CEO from 2003 to 2017, used a July 6, 2026, CNBC interview to flag what he calls the largest lockup expiration in the history of U.S.
NDAQ 
Toyota to invest $3.6 billion to move Tacoma pickup truck production from Mexico to Texas
Toyota Motor said it is investing $3.6 billion to move production of the Tacoma midsize pickup truck from Mexico to Texas. The San Antonio plant currently produces the Toyota Tundra full-size pickup truck, including a hybrid variant, and the Toyota Sequoia SUV hybrid.
TM 
SCHK: A Thousand Stocks, One Bet
The Schwab 1000 Index ETF tracks the Schwab 1000 Index, offering broad market exposure and charging a 0.03% expense ratio. Despite its broad reach, the fund is concentrated, with the top 10 holdings making up about 34% of assets, mostly large-cap technology names. Given this concentration, elevated valuation, and a challenging macroeconomic backdrop, SCHK is a hold for now.
SCHK 
Top Wall Street Strategist: The S&P 500 Could Hit As High As 8,800 This Year, But a 10-20% Drop May Come First
Fundstrat's Tom Lee laid out a roadmap for where he saw the market going for the rest of the year on a CNBC Squawk Box interview on July 6, 2026, arguing the S&P 500 can grind to 8,000 by year-end, with upside to 8,400 to 8,800, but that would likely come only after surviving a summer-into-fall drawdown.
IVV 
VIDEO: ETF of the Week: FFSM
On this episode of the “ETF of the Week” podcast, VettaFi's Head of Research, Todd Rosenbluth, discussed the Fidelity Fundamental Small-Mid Cap ETF (FFSM) with Chuck Jaffe of Money Life. The pair discussed several topics related to the ETF, in order to give investors a deeper understanding of it.
FFSM 
Leveraged Gold Fund GDXU Spikes 13% to Start July
Gold strategies offer all kinds of advantages and use cases for investors. From helping to ride out market volatility to capitalizing on gold miner momentum, they can play a powerful role in optimizing portfolio performance.
GDXU 
Peter Schiff Mocks Strategy After Firm Breaks ‘Hold Forever' Bitcoin Narrative
The well-known crypto ecosystem critic, Peter Schiff, sharply criticized Michael Saylor after his company, Strategy, sold approximately 3,588 Bitcoin (BTC) for a value close to $225 million. The move caused a stir in the financial community, as the company had always defended a strict narrative of aggressive accumulation and holding its assets “forever.
Top Analyst Predicts XRP Can Hit $10 Without the CLARITY Act
A leading market analyst, Dark Defender, argues that XRP has already entered Wave 5 of the Elliott Wave cycle and could reach $10 without requiring the CLARITY Act in the United States. The view is grounded in technical structure rather than regulatory catalysts. XRP trades near $1.
Vertex to buy Crinetics in $10 billion deal
Vertex Pharmaceuticals will buy Crinetics Pharmaceuticals for a total equity value of about $10 billion, the companies said on Monday.
VERX 
Strategy sells Bitcoin to fund dividends, aims for investment grade rating
Strategy's Bitcoin sales to fund dividends highlight a shift towards financial stability, aiming for investment-grade status and cheaper capital access. Strategy sells Bitcoin to fund dividends, aims for investment grade rating.
Bitwise CEO: Bitcoin Wants to Go Higher
Bitcoin has shown remarkable resilience, quickly recovering from a sharp intraday plunge triggered by news of a major corporate sell-off.
Element Solutions Inc (ESI) M&A Call Transcript
Element Solutions Inc (ESI) M&A Call Transcript
ESI 
INTF: Multifactor ETFs Are Not The Best Deals In International Markets
iShares International Equity Factor ETF offers diversified, multi-factor exposure to ex-U.S. developed markets. INTF has outperformed its multi-factor peers and its benchmark IDEV, but trails single-factor ETFs in total return and Sharpe ratio. With a low 0.16% expense ratio, INTF provides efficient international diversification, notably tilting toward Japan, financials, and value stocks.
INTF 
Microsoft Is Cutting 4,800 Jobs to Feed the AI Machine. Should You Still Own It?
Microsoft (NASDAQ:MSFT | MSFT Price Prediction) looks mispriced, and the discomfort is the whole point.
MSFT 
Bitcoin Hits Highest Price in Weeks as Bernstein Analysts Maintain 'Ambitious' $150K Target
The financial firm admitted Bitcoin's retrace has been painful, but still holds a lofty year-end price prediction for the top crypto asset.
Was Michael Burry Right About Palantir? PLTR Is Still Down Over the Past Year
Michael Burry started betting against Palantir (NASDAQ:PLTR | PLTR Price Prediction) in the fall of 2025, when the stock was one of the loudest momentum trades and every retail account had a screenshot of it.
PLTR 
The Monthly Income Trap: Why QQQI's High Yield Requires Giving Up 6.5% In Upside
The NEOS Nasdaq-100 High Income ETF (NASDAQ:QQQI) has become a go-to vehicle for income investors who refuse to give up on big tech.
QQQI 
NIKE's Wholesale Strength: A Signal of a Turnaround Ahead?
NKE's wholesale business is gaining momentum as stronger retail partnerships and healthier inventory support its turnaround strategy.
NKE 
CSGP Strengthens Global Real Estate Platform With France Expansion
CoStar Group expands into France, boosting its global real estate data platform and long-term recurring revenue growth prospects.
CSGP 
MSFT falls as investors remain focussed on AI spending despite layoffs
Microsoft's shares were falling on Monday even as the company announced its latest round of job cuts, as investors likely refused to look past the company's high AI investments. A price target cut by Wolfe Research on Monday, citing higher memory prices, is likely to have also weighed on the stock, even though it maintained an Outperform rating on MSFT.
MSFT 
Nvidia: Jensen's Anti-ASICs Alliance (Rating Downgrade)
Nvidia Corporation faces rising competitive threats from customer-developed ASICs, prompting strategic defensive moves to maintain AI chip dominance. NVDA is locking up TSMC capacity, investing in neoclouds, and launching initiatives like Nemotron and revenue-share agreements to counter customer disintermediation. I see NVDA's business moat as narrowing, justifying a lower multiple versus hyperscalers, but its near-term growth and earnings beat potential remain compelling.
NVDA 
Contango Silver & Gold Inc. (CTGO) Discusses Hedge Conversion and Increased Gold Price Exposure Transcript
Contango Silver & Gold Inc. (CTGO) Discusses Hedge Conversion and Increased Gold Price Exposure Transcript
CTGO 
3 Robotics ETFs Positioned to Capitalize on America's Reshoring Boom in 2026
The reshoring trade has moved from political talking point to capital expenditure line item, and the funds that own the picks and shovels of industrial automation have started to reflect it.
BOTZ 
Will the Label Expansion of Trodelvy Strengthen GILD's Oncology Portfolio?
Gilead wins FDA approval to expand Trodelvy into first-line mTNBC, boosting its market reach and strengthening its oncology growth strategy.
GILD 
Novartis to Expand Oncology Pipeline With Myricx Bio Acquisition
NVS plans to acquire Myricx Bio for up to $1.5 billion, adding novel ADC technology to expand its oncology pipeline and tumor targets.
NVS 
UnitedHealth Bets on Profitability Over Growth: Will It Pay Off?
UnitedHealth is prioritizing profitability over rapid growth as improving margins, stronger earnings and Optum expansion aim to support a long-term turnaround.
UNH 
VivoPower eyes potential earnings boost from battery storage at Norway data center
VivoPower PLC (NASDAQ:VIVO, FRA:51J) announced on Monday that it is conducting a technical and commercial feasibility study to evaluate the integration of a battery energy storage system at its 41.5-megawatt Mo i Rana data center in Northern Norway, targeting up to approximately $4 million in incremental annualized EBITDA. The company said the projected earnings would come from enabling participation in additional Nordic grid reserve markets, including Frequency Containment Reserve for Normal operation, expanded Frequency Containment Reserve for Disturbances, and Fast Frequency Response.
VIVO 
