Stock Market & Financial News
SOFI: The Market Distrusts The Book, The Numbers Say Otherwise
SoFi Technologies (SOFI) delivered its tenth consecutive GAAP-profitable quarter, with record $1.1B sales and 41% YoY growth, yet shares remain pressured. SOFI's accounting recognizes loan profits upfront, making tangible book value and net interest margin (5.94%) key metrics amid macro sensitivity. Deposit growth (2.2x in two years) and a shift away from market debt support robust funding and justify recent dilution.
SOFI Bed Bath & Beyond to acquire Fathom Holdings for $53M in "Everything Home" push
Bed Bath & Beyond Inc. (NASDAQ:BBBY) has entered a definitive agreement to acquire real estate services platform Fathom Holdings for approximately $53.38 million as it pushes deeper into the full homeownership lifecycle. The deal calls for Fathom shareholders to receive 0.2236 shares of Bed Bath & Beyond common stock for each Fathom share held, subject to certain closing adjustments.
FTHM MRNA Stock Jumps as FDA Briefing Docs Ease Flu Shot Approval Concerns
Moderna jumps after FDA briefing documents on mFlusiva appear more constructive than expected ahead of a key advisory panel review.
MRNA Post Holdings' Foodservice Business: Is it the Key Growth Engine?
POST's Foodservice business remains a key growth driver, supported by sticky customer relationships and value-added offerings.
POST 
Rigetti Stock Tumbles 9% as Quantinuum's IPO Grabs Investor Focus
RGTI stock plunges as Quantinuum's Nasdaq debut resets quantum valuations, sharpening focus on rivals' growth, tech and commercialization.
RGTI 
Lennar Stock Outlook in 2026 as Margins and Demand Stay Tight
LEN is keeping home deliveries steady through incentives and pricing moves, but falling sales prices and margins leave 2026 hinging on execution.
LEN-B 
Saudis seek EU approval for $55 billion EA deal, decision by July 22
A group of investors including Saudi Arabia's Public Investment Fund has sought EU antitrust approval for its $55 billion acquisition of videogame developer Electronic Arts , according to a European Commission filing on Wednesday.
EA 
Atlassian: Undervalued Compounding Machine
Atlassian has declined 37% since my last coverage, yet I maintain a Buy rating. Despite AI-driven market fears, TEAM's fundamentals have improved and revenue growth has accelerated over the past year. I view the AI threat as overblown; TEAM leverages AI to enhance its collaborative ecosystem rather than being disrupted.
TEAM 
Intuitive Surgical: Priced For Perfection, But The Growth Isn't Done
Intuitive Surgical has become a more attractive opportunity after a 28% stock decline, prompting an upgrade from Hold to Buy. ISRG operates in a high-growth surgical robotics market, which could nearly triple by 2033, supporting long-term bullishness. Despite a premium valuation, ISRG's consistent top and bottom-line growth and management execution justify its price.
ISRG 
Moody's rolls out credit ratings on Solana in tokenized asset push
The ratings giant is embedding credit scores directly into blockchain-based securities, a move aimed at boosting institutional adoption.
CTO Realty Growth, Inc. (CTO) Shareholder/Analyst Call Prepared Remarks Transcript
CTO Realty Growth, Inc. (CTO) Shareholder/Analyst Call Prepared Remarks Transcript
CTO 
CHWY Is Tapping AI and Pet Health to Expand Margins in 2026
Chewy is leaning on pet health, AI and ads to widen fiscal 2026 margins, even as cautious consumers pressure sales and spending trends.
CHWY 
ALK Expands West Coast Operations With New PDX Maintenance Facility
Alaska Airlines invests more than $135 million in a new Portland maintenance hangar, expanding fleet support, boosting capacity and backing future growth plans.
ALK 
CSX Stock Up 45.5% Y/Y: Can the Momentum Last Throughout 2026?
CSX shares surge 45.5% in a year, supported by growth initiatives, stronger network performance and rising earnings estimates.
CSX 
Franklin Climbs to a New 52-Week High: How to Play the Stock Now?
After hitting a new 52-week high, can BEN's expanding alternatives platform and strategic growth initiatives drive further upside? Let us find out.
BEN 
Citigroup's Card Delinquencies Decline, Charge-Offs Rise in May
C's credit card delinquencies improved in May, but rising net charge-offs highlight mixed trends in its consumer credit performance.
C 
4 Attractive Leisure & Recreation Stocks Amid Industry Momentum
The Leisure and Recreation Products industry is benefiting from strong fitness demand and momentum in the boating industry. Moreover, stocks like YETI, MBUU, MCFT and ESCA are likely to benefit from the trend.
ESCA 
Is CHWY Stock a Buy After Its Selloff and Lower Revenue View
CHWY's sharp selloff and lower fiscal 2026 revenue outlook put its cheap sales multiple, Autoship strength and demand risks in focus.
CHWY 
Gold (XAUUSD) Price Forecast: Is Warsh Standing Between Gold and a Breakout?
Gold price holds steady ahead of Kevin Warsh's first Fed meeting as traders await signals that could spark a breakout or renewed selling.
Uber takes on Waymo and Tesla with expanded robotaxi service in Houston
CNBC's MacKenzie Sigalos reports on Uber's latest expansion of autonomous vehicles into Houston.
UBER 
Rate Hikes & Acquisitions Drive AWK's Growth Despite Regulatory Risks
American Water's growth is supported by new rates, acquisitions, merger plans and major capital investments, though regulation and aging infrastructure pose risks.
AWK 
After SpaceX, Amazon Could Be The Next Best Space Stock
The stock has been buffeted by a combination of AI CapEx concerns, a high-profile rocket explosion, and a broader risk-off mood that's weighed on even the strongest names in tech. It's been a frustrating sell-off given the recent all-time highs the stock had been printing.
AMZN 
Could A Space X Wealth Effect Find Its Way Into Bitcoin?
While many investors view blockbuster AI-related IPOs as a threat to crypto liquidity, the SpaceX public offering could create a wealth effect that finds its way into Bitcoin (CRYPTO: BTC) and digital assets. "Crypto Is A Value Trade" In an interview on June 16, Aaron Arnold, co-founder of Altcoin Daily, argued that capital currently flowing into AI investments is unlikely to remain concentrated there indefinitely.
Nebius (NBIS) Stock Soars to Record High Following Nasdaq-100 Entry and Eigen AI Merger
Nebius Group (NBIS) established a new record peak of $279.80 during Wednesday's market hours, climbing approximately 6.1% in the trading day. Shares concluded the session near $271.58, advancing from the prior day's closing price of $265.10.
CarMax earnings create a buying opportunity in Carvana stock
Carvana (CVNA) shares opened in the “red” this morning in sympathy with peer CarMax (KMX) whose Q1 earnings signaled margin compression, stubbornly weak volumes, and rising acquisition costs. But a compelling case can be made that the market is lazily painting both companies with the same brush, ignoring the fundamental structural differences between how they operate.
KMX 
Snap AR glasses debut sends shares lower on high price tag concerns
Snap Inc (NYSE:SNAP) shares fell about 4% following the company's unveiling of its new augmented reality (AR) glasses, Specs, as investors weighed the high price tag and uncertain consumer demand against the company's long-term vision for wearable computing. The company introduced Specs at the Augmented World Expo in California, positioning the device as its first consumer-facing standalone AR glasses.
SNAP 
CarMax Drops 7% Despite Earnings Beat, Carvana Tumbles 8% on Used-Car Margin, Credit Fears
Shares of CarMax (NYSE:KMX | KMX Price Prediction) stock are down 7% midday Wednesday near $48.30 after the used-car retailer reported fiscal Q1 2027 results before the open.
KMX 
Rhythm Pharmaceuticals, Inc. (RYTM) Discusses Positive Interim Results from Phase 2 Setmelanotide Trial in Prader-Willi Syndrome Transcript
Rhythm Pharmaceuticals, Inc. (RYTM) Discusses Positive Interim Results from Phase 2 Setmelanotide Trial in Prader-Willi Syndrome Transcript
RYTM 
Nine Entertainment Co. Holdings Limited (NNMTF) Discusses QMS Media Acquisition and Strategic Portfolio Realignment Transcript
Nine Entertainment Co. Holdings Limited (NNMTF) Discusses QMS Media Acquisition and Strategic Portfolio Realignment Transcript
NNMTF 
CarMax, Inc. (KMX) Q1 2027 Earnings Call Transcript
CarMax, Inc. (KMX) Q1 2027 Earnings Call Transcript
KMX 
