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U.S. chip design giant Synopsys plans to stop offering a suite of manufacturing process control software used by global semiconductor makers, six sources briefed on the matter said, as it seeks to ‌divert resources to higher-margin offerings such as AI design. Synopsys in April and May informed more than 10 chipmakers including Samsung Electronics, ‌SK Hynix, Kioxia Holdings Corp and Qorvo Inc about the "end of life" move that means Synopsys will not provide future new versions and will only carry out maintenance obligations, two of ​the sources said.

Pre-Market Stock Futures: Futures are trading lower after a mixed start to trading on Monday, following the holiday-shortened week due to the Juneteenth Federal holiday. We may start to see some end-of-the-quarter reallocations and selling for Hedge funds, ETFs, and Mutual Funds this week, and today looks like a starting point. With most corporate buybacks ... Here Are Tuesday’s Best Wall Street Analyst Research Calls: Centene, Darden Restaurants, Flutter Entertainment, GE Healthcare, IBM, Nike,

US equity indexes rose as a deal to end the war against Iran was said to be awaiting President Donal

US equity indexes rose amid speculation of an agreement over a path to end the war against Iran and

June S&P 500 E-Mini futures (ESM26) are up +0.67%, and June Nasdaq 100 E-Mini futures (NQM26) are up +1.03% this morning as investors remained hopeful that the latest U.S. strikes on Iran would not derail talks to end the Middle East conflict.

This week, investors will get their latest sense of how the American consumer is grappling with the wartime inflation surge. Earnings are due from retailers like Costco and Dollar Tree, and the personal-consumption expenditures index for April is scheduled for release.

The stock market is right at highs with several leaders near buy points. Marvell, Dell and Costco earnings are on tap, along with the Fed's inflation gauge.