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Rebound in tech shares pushes Asian shares higher, while oil prices fall
Associated Press47d agobearish
Rebound in tech shares pushes Asian shares higher, while oil prices fall

Shares were mostly higher Thursday in Asia, led by tech-driven gains in Japan and South Korea as major computer chipmakers’ stocks surged following upbeat earnings reports from U.S. giants like Qualcomm and Micron Technology. Oil prices fell more than $1, bringing them closer to where they were before the war with Iran started. Qualcomm’s share price surged 12% in afterhours trading after the company announced it had raised its forecast for revenue this year to $40 billion from $22 billion.

Charles Schwab Expands into Prediction Markets, WSJ Reports
Insider Monkey47d agoneutral
Charles Schwab Expands into Prediction Markets, WSJ Reports

The Charles Schwab Corporation (NYSE:SCHW) is included among the 10 Reliable Dividend Stocks to Buy for Long-Term Investors. On June 19, The Wall Street Journal reported that The Charles Schwab Corporation (NYSE:SCHW) is expanding into the prediction markets space. According to people familiar with the matter, the brokerage is working with Cboe Global Markets to […]

Morgan Stanley Boosts American Electric Power (AEP) Price Target in Utilities Update
Insider Monkey47d agoneutral
Morgan Stanley Boosts American Electric Power (AEP) Price Target in Utilities Update

American Electric Power Company, Inc. (NASDAQ:AEP) is included among the 10 Reliable Dividend Stocks to Buy for Long-Term Investors. On June 24, Morgan Stanley raised its price recommendation on American Electric Power Company, Inc. (NASDAQ:AEP) to $136 from $129. It reiterated an Overweight rating on the stock. The firm updated its price targets for North […]

Cboe (CBOE) Launches Cboe Predicts With Retail Brokers Backing Binary Index Trades
Simply Wall St.47d agoneutral
Cboe (CBOE) Launches Cboe Predicts With Retail Brokers Backing Binary Index Trades

Cboe Global Markets launched "Cboe Predicts", a new regulated prediction markets suite focused on event based binary options. The first contracts are binary options linked to the Mini S&P 500 Index, offered through major retail brokers including Interactive Brokers and Charles Schwab. The rollout brings prediction style trading into Cboe's exchange infrastructure with an emphasis on education and risk controls for retail traders. Cboe Global Markets, ticker BATS:CBOE, is adding Cboe...

Bank of America resets Marvell stock price target
TheStreet47d agoneutral
Bank of America resets Marvell stock price target

Marvell (MRVL) has gained about 215.72% year to date at the time of writing, Wednesday afternoon, June 24. Meanwhile, the SPDR S&P 500 index (SPY) is up about 7.41% in the same period. The semiconductor giant has rallied thanks to its role in the AI boom. Strong fourth-quarter fiscal 2026 ...

Barclays resets S&P 500 price target with a key warning
TheStreet47d agoneutral
Barclays resets S&P 500 price target with a key warning

The S&P 500 has been running ahead of Wall Street's targets all year. Banks that set their year-end forecasts in December have been revising them upward, sometimes more than once. Barclays joined the list again on June 23. Venu Krishna, the firm's head of U.S. equity strategy, raised the ...

Review & Preview: A Dow Debate
Barrons.com47d agoneutral
Review & Preview: A Dow Debate

The Nasdaq Composite fell again today, but blockbuster earnings from Micron Technology could offer a boost tomorrow. The Dow Jones Industrial Average rose 182 points, or 0.4%. The iShares Semiconductor exchange-traded fund, or SOXX, rallied about 2.5% off its intraday low to finish the day down just 0.1%.

StockStory47d agoneutral
SLB (SLB) Stock Trades Down, Here Is Why

Shares of oilfield services provider SLB (NYSE:SLB) fell 3% in the afternoon session after crude oil dropped to its lowest level since the start of the Iran war, as tankers resumed transit through the Strait of Hormuz and the U.S. and Iran signaled progress toward ending the conflict.

StockStory47d agoneutral
Why Baker Hughes (BKR) Stock Is Down Today

Shares of energy technology company Baker Hughes (NASDAQ:BKR) fell 4.5% in the afternoon session after crude oil dropped to its lowest level since the start of the Iran war, as tankers resumed transit through the Strait of Hormuz and the U.S. and Iran signaled progress toward ending the conflict.

StockStory47d agoneutral
Why Halliburton (HAL) Shares Are Sliding Today

Shares of oilfield services company Halliburton (NYSE:HAL) fell 3.4% in the afternoon session after crude oil dropped to its lowest level since the start of the Iran war, as tankers resumed transit through the Strait of Hormuz and the U.S. and Iran signaled progress toward ending the conflict.