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Earnings and key economic data ahead on Thursday, June 11
Yahoo Finance Video69d agoneutralVIDEO
Earnings and key economic data ahead on Thursday, June 11

Asking for a Trend Host Josh Lipton breaks down what investors should be on the lookout for on Thursday, June 11. On the earnings front, Adobe (ADBE) and Lennar (LEN) are set to report, while key economic releases include the Producer Price Index (PPI) and weekly initial jobless claims.

Chewy (CHWY) Q1 2026 Earnings Transcript
Motley Fool69d agoneutral
Chewy (CHWY) Q1 2026 Earnings Transcript

Joining me today are Chewy's CEO, Sumit Singh; and CFO, Chris Deppe. On our call today, we will be making forward-looking statements, including statements concerning Chewy's financial results and performance, industry trends, strategic initiatives, share repurchase program and the environment in which we operate. Such statements are considered forward-looking statements under the Private Securities Litigation Reform Act of 1995.

Former Exxon CEO Lee Raymond Dies at 87
The Wall Street Journal69d agoneutral
Former Exxon CEO Lee Raymond Dies at 87

The driven, unrelenting oil executive remade Exxon into a colossus that for a time was the world’s biggest and most profitable company.

Oracle Stock Slides on Increased Capital Spending
The Wall Street Journal69d agoneutral
Oracle Stock Slides on Increased Capital Spending

Oracle shares slid 6% in after-hours trading following an earnings report showing that the software and cloud-computing company spent more than expected on capital projects last year. Oracle, whose fiscal year ends in May, reported $55.

Michael Burry delivers contrary Lululemon stock verdict
TheStreet69d agoneutral
Michael Burry delivers contrary Lululemon stock verdict

Wall Street has plenty of reasons to run from Lululemon Athletica (LULU). The premium athletic apparel firm trimmed its full-year guidance, warned of lower demand in the second quarter, and highlighted further difficulties in its important Americas sector. But when a once-hot growth stock becomes ...

New Middle East Clashes and Inflation Fears Spark Dow’s Worst Day of 2026
The Wall Street Journal69d agoneutral
New Middle East Clashes and Inflation Fears Spark Dow’s Worst Day of 2026

Renewed fighting in the Middle East hit stocks and drove up oil futures, even as data showing a sharp rise in inflation underscored the war’s pressure on consumer prices. In the S&P 500, losses were particularly acute in materials and industrial shares, sending the broad index down 1.6% to its lowest close in five weeks.

Strategist explains why stocks can continue climbing
Yahoo Finance Video69d agoneutralVIDEO
Strategist explains why stocks can continue climbing

U.S. Bank Asset Management Group National Investment Strategist Tom Hainlin joins Josh Lipton on Market Domination Overtime to discuss the key forces that could continue driving stocks higher despite a hotter-than-expected CPI report, escalating tensions between the U.S. and Iran, and a recent sell-off in technology shares.

Associated Press69d agoneutral
How major US stock indexes fared Wednesday 6/10/2026

Another sell-off for artificial-intelligence stocks dragged the U.S. market sharply lower. The S&P 500 dropped 1.6% Wednesday after giving up a brief modest gain in the morning. The index had its first back-to-back drop in three weeks.

Oracle's AI spending blows past estimates, raising worries over growing debt
Reuters69d agoneutral
Oracle's AI spending blows past estimates, raising worries over growing debt

Oracle on Wednesday forecast capital spending plans for fiscal 2027 above Wall Street estimates, as the cloud computing company said it will also raise more debt in 2027, reflecting the staggering scale of cash ‌burn needed to build out its AI infrastructure. Its shares fell 8.9% in extended trading, after Oracle said it expects to raise ‌nearly $40 billion through a combination of debt and equity financing in 2027. Oracle, which has major deals to build data centers for customers ​such as Meta Platforms and OpenAI, is working to position itself as a major rival to cloud leaders such as Amazon.com and Microsoft.

Even the Dow Can’t Escape the AI Unwind
Barrons.com69d agoneutral
Even the Dow Can’t Escape the AI Unwind

The stock market unwind dinged even the Dow on Wednesday after consumer price inflation met expectations and oil prices jumped. The blue-chip index fell 953 points, or 1.9%. “Tech is taking it on the chin again (now 2 out of the last 3 days) as people continue to de‑risk AI exposure across the board,” writes Mizuho’s Daniel O’Regan.

Tech rotation deepens as investors prep for big IPOs, says expert
Reuters Videos69d agoneutralVIDEO
Tech rotation deepens as investors prep for big IPOs, says expert

<body><p>STORY: "Investors appear to be making some room in the portfolio," said Adams.</p><p>"There is big issuance coming around the corner and, certainly, it does look like investors are saying, 'I'd like to have a piece of this issuance,' not only of SpaceX but maybe Open AI and Anthropic as they come to market later this summer," she added.</p><p>She also points to gains in healthcare, consumer stocks and industrials as investors rotate into sectors that lagged in April and May.</p></body>

OpenAI vs. Anthropic IPO: What sets these AI companies apart
Yahoo Finance Video69d agoneutralVIDEO
OpenAI vs. Anthropic IPO: What sets these AI companies apart

OpenAI (OPAI.PVT) is the latest private AI company to file for a mega-IPO, putting its public launch in direct competition with Anthropic's this fall. OpenVC founder and CEO David Shapiro compares the two pre-IPO companies. SpaceX (SPAX.PVT) is expected to go public on the Nasdaq this Friday, June 12, under the ticker SPCX, with the space operator aiming for an IPO price of $135 per share.

Oracle stock gets shocking Wall Street verdict before earnings
TheStreet69d agoneutral
Oracle stock gets shocking Wall Street verdict before earnings

Oracle (ORCL) heads into its next earnings release on June 10 with plenty of reasons for investors to be concerned. The company has become one of Wall Street’s greatest bets on artificial intelligence infrastructure, but that has also elevated the stakes. Oracle is pouring money into growing its ...

Exclusive-GM may ditch LFP batteries for future EVs
Reuters70d agoneutral
Exclusive-GM may ditch LFP batteries for future EVs

By Abhirup Roy and Kalea Hall SAN FRANCISCO, June 10 (Reuters) - General Motors may scrap plans to use a lower-cost, iron-based battery chemistry that many automakers are using to cut electric-vehicle

Super Micro Seeks $7B in Equity Deal for AI Equipment
Bloomberg70d agoneutralVIDEO
Super Micro Seeks $7B in Equity Deal for AI Equipment

Bloomberg's Anthony Hughes joins Matt Miller on "Bloomberg Deals."-&nbsp;Super Micro Computer&nbsp;plans to raise $7 billion through a package of equity offerings to purchase the components needed to fulfill customers' orders for the company's AI servers.

Investing.com70d agoneutral
DoJ subpoenas major banks over account closures, WSJ reports

Investing.com -- The Justice Department has issued subpoenas to several major U.S. banks, including JPMorgan Chase and Bank of America, requesting information about whether they improperly closed customer accounts for political reasons, according to a Wednesday report by the Wall Street Journal.