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<body><p>STORY: U.S. stocks ended mixed on Thursday, with the Dow ticking up more than a tenth of a percent, while the S&P 500 closed flat and the Nasdaq dropped nearly half a percent.</p><p>Technology shares reversed early gains to move lower, as investors worried about hyperscaler spending on AI and who foots the bill.</p><p>:: Micron</p><p>Those fears outweighed upbeat signals on AI demand from Micron, which gained nearly 16%, while shares of Sandisk soared 22%.</p><p>Brian Mulberry, chief market strategist at Zacks Investment Management, notes that it's memory chip makers that are now leading the charge. </p><p>"What's different about Micron, SanDisk, Western Digital, those types of names that are doing so well is that they're memory chips. And you have to have memory, specifically DRAM or H-band memory, if you're going to have enough computing power to do all the computations. That is nothing if you don't have memory to transfer it from one place to another. So one of the reasons that these stocks have done so well and the growth at Micron is so solid is because a recent redesign in the server technology means we go from eight memory chips per server to 96. That's 12 times growth in demand for this one simple component."</p><p>The surging prices of memory and storage chips prompted Apple on Thursday to hike prices for its iPads and MacBooks. That weighed on the stock, sending it down more than 6%. Shares of Nvidia, Microsoft and Alphabet also dropped.</p><p>:: Archive</p><p>Among other movers, shares of Bio-Techne jumped after Merck agreed to acquire the biotech firm for $73 per share in cash, representing a total enterprise value of about $11.3 billion.</p><p>:: Archive</p><p>Meanwhile, U.S. Department of Commerce data on Thursday showed the annual inflation rate through May rose above 4% for the first time in three years, but oil prices this week fell to below pre-war levels.</p></body>
FedEx Freight expects profit margin to grow by more than 9% in the back half of the year, up more than a point from last year’s growth. The post FedEx Freight forecasts growth as standalone company appeared first on FreightWaves.
FedEx Freight which spun off from FedEx on June 1, beat analyst expectations for revenue in its first earnings report as a standalone company. Its fourth-quarter revenue came in at $2.4 billion, ahead of analyst estimates just shy of $2.3 billion. FedEx Freight focuses on less-than-truckload (LTL) deliveries to industrial customers that don’t need a full truck to send items short distances.
Investing.com -- FedEx Freight on Thursday outlined a stronger earnings outlook for the remainder of 2026 as it begins operating as an independent publicly traded company, despite reporting sharply lower quarterly profit due to separation-related costs, weaker shipment volumes and higher labor expenses.
The company expects revenue to grow 4% to 6% for June 1 to Dec. 31, and said the outlook reflects its confidence in the underlying strength of the business..
Eric Criscuolo, NYSE Market Strategist, recaps a volatile week as the S&P 500 declined amid weakness across mega-cap and AI-linked names. A growing divide within the AI trade emerged, with hyperscalers and software under pressure while memory and chip suppliers saw sharp swings. Despite index weakness, market internals held firm, with eight sectors higher and small caps outperforming. Rotation into Healthcare and Financials accelerated alongside falling oil prices, easing yields, and shifting Fed expectations. Focus now turns to quarter-end flows, key data including payrolls, and evolving AI spending trends.
US equity indexes were mixed on Thursday after Micron Technology's (MU) better-than-expected quarter
Banks have been going on a dividend spree after sailing through the Federal Reserve’s latest stress test. Major banks rushed to announce increased dividends and buyback programs after acing the Fed’s latest test of their financial health. JPMorgan Chase Morgan Stanley Citigroup and Goldman Sachs all announced divided increases, while JPMorgan Chase and Morgan Stanley also detailed new buyback initiatives.
Lockheed Martin (NYSE:LMT) is a stock worth owning for decades because its revenue is effectively underwritten by the U.S. government and a global alliance system that does not negotiate down its threat environment to suit a recession. For a retirement investor who has already paid tuition chasing momentum, it fits the profile of a long-duration ... 1 Rare Dividend Stock Built to Survive Any Recession
Meta has hired the founding team of security startup Virtue AI to protect its upcoming autonomous software agents amid growing federal oversight.
In March 2026, federal prosecutors charged the co-founder of Supermicro with masterminding a $2.5 billion scheme to smuggle Nvidia-equipped servers to China through front companies, forged documents, and dummy servers staged to fool auditors. Jensen Huang had been watching this unfold for months. ...
Retailers including Walmart and Dollar Tree are beginning to receive tariff refunds, but Bernstein says the payments are unlikely to provide a meaningful boost to consumer stocks.
Retailers including Walmart and Dollar Tree are beginning to receive tariff refunds, but Bernstein says the payments are unlikely to provide a meaningful boost to consumer stocks.
(Updates prices in the second and final paragraphs.) Gold moved higher midafternoon on Thursday a
Inflation is heating up, but investors could be getting some relief.
(Updates with index/price moves, macroeconomic data, and company/political news from the first parag
A Hold is maintained ahead of Q4 earnings despite a tariff-refund EPS bump
With key questions swirling on AI and tech stocks, hot IPOs, Federal Reserve policy, and ongoing tensions in the Middle East, where is an investor to turn? We brought together a powerful roster of six experts this week to share their advice and recommendations...LIVE!
Coca-Cola asked a federal appeals court Thursday to overturn a U.S. Tax Court decision that put the company on the hook for more than $20 billion in taxes and interest, contending that the Internal Revenue Service engaged in an unfair and retroactive bait-and-switch in how it calculated Coke’s foreign profits. The IRS challenged Coke’s tax returns for 2007 through 2009, and the outcome of the case will affect the company’s payments for every year since then. Gregory Garre, arguing for the company before a three-judge panel in Miami, pointed to a 1996 Coke-IRS agreement and subsequent IRS statements that accepted the company’s method for calculating how much profit was assigned to the U.S. and how much was attributed to lower-taxed foreign countries.
(Updates with index/price moves, macroeconomic data, and company news from the first paragraph.)
Investing.com -- The International Monetary Fund said Thursday that the United States economy has maintained solid growth momentum and projected inflation would reach the Federal Reserve's 2% target by the end of 2027.
NVIDIA (NASDAQ:NVDA) and Micron Technology (NASDAQ:MU) both posted blockbuster AI infrastructure quarters, but the market reacted in opposite directions. NVIDIA sells the compute. Micron sells the memory that keeps those GPUs fed. Comparing them now makes sense because each just told investors something different about where AI hardware spending actually lands in 2026. Blackwell Carries ... NVIDIA vs Micron: Which Stock Will The Market Reward

May's Personal Consumption Expenditures (PCE) index — the Federal Reserve's preferred inflation gauge — saw inflation rise 0.4% month-over-month and 4.1% year-over-year Core PCE, which excludes food and energy prices, rose 0.3% monthly and 3.4% annually, marking the highest level since 2023. Morning Brief Host Julie Hyman is joined by Yahoo Finance Tech Editor Dan Howley and Epistrophy Capital Research chief market strategist Cory Johnson to further examine rising price trends.
Gold edged higher early on Thursday as the dollar eased, while a key U.S. inflation measure accelera
Micron's earnings report gave the Nasdaq the jumpstart it desperately needed on Thursday. The Nasdaq was up 0.9%. Micron not only reported blowout results but also gave a forecast that had Wall Street ready to pile back into the chip sector after a brief road bump.