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This Earnings Season Is the Stock Market’s Biggest Test
Barrons.com41d agoneutral
This Earnings Season Is the Stock Market’s Biggest Test

Baseball legend Tommy Lasorda, the former Los Angeles Dodgers manager who won two World Series, didn’t have much time for the idea of “pressure” in professional sports. Stock markets are different matter, however. The looming second-quarter earnings season—set against the pullback in big tech stocks, the resurgence of global geopolitical risks, and the specter of renewed inflation—has investors on edge.

JPMorgan resets LLY stock target on drug demand
TheStreet41d agoneutral
JPMorgan resets LLY stock target on drug demand

Eli Lilly (LLY) keeps setting records, and Wall Street’s rating of its stock keeps increasing as well. On Tuesday, one of JPMorgan’s most closely watched healthcare stock analysts, Chris Schott, who frequently covers Pfizer Inc. (PFE), Eli Lilly, and Teva Pharmaceutical Industries Ltd. ...

Asian stocks slip and oil prices jump as Iran and US launch fresh attacks
Associated Press41d agobullish
Asian stocks slip and oil prices jump as Iran and US launch fresh attacks

Shares slipped in Asia and oil prices jumped Thursday as conflict escalated in the Middle East, with Iran and the U.S. launching fresh attacks. U.S. futures edged higher. The United States launched more airstrikes on Iran, and Iran responded by firing at Bahrain, Kuwait and Qatar, a day after U.S. President Donald Trump said their temporary ceasefire was “over.”

Bloomberg41d agoneutral
Goldman Says Hormuz Flare-Up May Delay Recovery in Oil Supplies

(Bloomberg) -- A recovery in Middle Eastern oil supplies could be set back if renewed tensions disrupt shipping in the Strait of Hormuz, Goldman Sachs Group Inc. said.Most Read from BloombergMicrosoft’s Xbox to Shift Obsidian Studio to New ‘Fallout’ Video GameTrump Vents Anger With Iran and Warns Ceasefire May Be ‘Over’Nvidia’s $1 Trillion Slide Sends Valuation to Pre-AI Boom LevelsGreece Offers Bounty to Catch Ravenous Fish Lured by Warming SeaUS Military Launches Strikes on Iran for Second Str

Cathie Wood buys $2.1M of tumbling AI stock
TheStreet41d agobullish
Cathie Wood buys $2.1M of tumbling AI stock

Cathie Wood, head of Ark Investment Management, is known for buying her favorite tech stocks during market pullbacks. That's exactly what she just did, adding shares of an AI stock after a sharp selloff. In 2025, the flagship Ark Innovation ETF gained 35.49%, far outpacing the S&P 500’s ...

Bloomberg41d agobearish
Apple Supplier Luxshare Drops After $3 Billion Hong Kong Debut

(Bloomberg) -- Apple Inc. supplier Luxshare Precision Industry Co. fell in Hong Kong trading debut on Thursday after raising HK$24.3 billion ($3.1 billion) in the city’s biggest listing this year so far. Most Read from BloombergMicrosoft’s Xbox to Shift Obsidian Studio to New ‘Fallout’ Video GameTrump Vents Anger With Iran and Warns Ceasefire May Be ‘Over’Nvidia’s $1 Trillion Slide Sends Valuation to Pre-AI Boom LevelsGreece Offers Bounty to Catch Ravenous Fish Lured by Warming SeaStocks Fall as

SK Hynix US listing more than seven times oversubscribed, source says
Reuters41d agoneutral
SK Hynix US listing more than seven times oversubscribed, source says

Demand for SK Hynix's $28 billion U.S. share sale was more than seven times available ‌shares, a person familiar with the matter said, underscoring ‌huge investor appetite for one of the most important companies in the AI supply ​chain. The offering from the South Korean chipmaker, which will finance new factories and equipment to meet surging AI chip demand, is set to be the world's second-biggest share sale after SpaceX's record-breaking $85.7 billion IPO last month. SK ‌Hynix declined to comment.

Tesla’s Model Y just got a sharper Rivian threat
TheStreet41d agoneutral
Tesla’s Model Y just got a sharper Rivian threat

Tesla (TSLA) has spent years turning the Model Y into the benchmark for electric SUVs. That supremacy has been a big advantage for Tesla. It has scale, brand awareness, manufacturing knowledge, and a car that helped define the electric vehicle category for the mainstream market. But Rivian ...

Netflix adding lifestyle content to win viewers' attention
TheStreet41d agoneutral
Netflix adding lifestyle content to win viewers' attention

Netflix used to be the easy app. One password covered a whole family, and the hardest decision most nights was what to watch. That version of the service began disappearing in 2023, when Netflix started charging extra for accounts shared outside a single household. The password crackdown was never ...

China's CXMT to start book-building on July 15 for $4.3 billion Shanghai IPO
Reuters41d agoneutral
China's CXMT to start book-building on July 15 for $4.3 billion Shanghai IPO

China's top memory chipmaker Changxin Memory Technologies (CXMT) said on Thursday ‌it will start book-building on July ‌15 for its Shanghai initial public offering as it seeks ​to raise 29.5 billion yuan ($4.34 billion). CXMT, long seen as a technological laggard compared with global leaders Samsung Electronics and SK Hynix, will take ‌investor subscriptions on ⁠July 16 for its IPO, according to a stock exchange filing. CXMT's mega ⁠IPO comes amid rising volatility in global memory chip shares.

The $80 Billion Debt Cloud Hanging Over David Ellison’s Warner Deal
The Wall Street Journal41d agoneutral
The $80 Billion Debt Cloud Hanging Over David Ellison’s Warner Deal

When Paramount Chief Executive David Ellison unveiled his company’s $81 billion deal for Warner Bros. Discovery he touted a new golden era for Hollywood—one built on scale, technology and a promise to release at least 30 theatrical movies a year. The combined company is set to emerge with nearly $80 billion in debt—a burden that could weigh on decisions ranging from content spending and streaming investments to news operations and sports rights. Its net debt is projected to equal roughly 6.5 times annual earnings before interest, taxes, depreciation and amortization after the deal closes as soon as this month, a level that analysts consider high for a media company.

Beat the S&P 500 — here’s the strategy investors are switching to
TheStreet41d agobullish
Beat the S&P 500 — here’s the strategy investors are switching to

Transcript: Caroline Woods:Inflation expectations are creeping higher again and investors are wondering whether traditional income strategies are enough anymore. How does that change the income playbook? Matt Kaufman is global head of ETFs at Calamos Investments and joins us now. Matt, so good to ...

PepsiCo earnings, mortgage rates, jobless claims: What to Watch
Yahoo Finance Video41d agoneutralVIDEO
PepsiCo earnings, mortgage rates, jobless claims: What to Watch

Asking for a Trend Host Josh Lipton previews several of the biggest stories to come tomorrow, Thursday, July 9, including PepsiCo (PEP) earnings, fresh housing data in the form of US existing home sales and mortgage rates, and the latest reading on initial jobless claims.