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Stocks See Support Ahead of Micron’s Earnings
Barchart56d agoneutral
Stocks See Support Ahead of Micron’s Earnings

The S&P 500 Index ($SPX ) (SPY ) today is up +0.12%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.21%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.06%. September E-mini S&P futures (ESU26 ) are up +0.14%, and September E-mini Nasdaq futures...

AeroVironment (AVAV) Faces Lawsuits And Restates Earnings Over $89 Million Error
Simply Wall St.56d agobearish
AeroVironment (AVAV) Faces Lawsuits And Restates Earnings Over $89 Million Error

AeroVironment (NasdaqGS:AVAV) has disclosed a significant accounting error tied to its space unit, leading to an $89 million goodwill impairment restatement. The company is facing multiple securities fraud class action lawsuits that allege misleading statements about major government contracts. AeroVironment has also reported weaknesses in its internal controls over financial reporting, raising questions about the reliability of past figures. AeroVironment enters this period of scrutiny...

BofA flips the script with bombshell Fed interest-rate outlook
TheStreet56d agoneutral
BofA flips the script with bombshell Fed interest-rate outlook

Bank of America Global Research economists expect the Federal Reserveto raise interest rates three times this year due to Chair Kevin Warsh’s more hawkish stance and the nation’s overall economic resilience despite the Iran War. BofA revised its forecast after the Fed left the benchmark federal ...

Investing.com56d agoneutral
Ecolab pops as Citi sees improving setup into Q2 earnings

Investing.com -- Water solutions firm Ecolab’s shares rose after Citi initiated a positive catalyst watch on the stock, citing an improving cost environment and pricing momentum heading into the second half of the year.

Micron Q3 earnings: How much higher can this chip stock run?
Yahoo Finance Video56d agoneutralVIDEO
Micron Q3 earnings: How much higher can this chip stock run?

AI chipmaker Micron Technology (MU) is due to report its fiscal third quarter earnings results after Wednesday's market close. The company's stock has gained by 270% year-to-date in 2026. Morning Brief Host Julie Hyman, Yahoo Finance Breaking News Reporter Jake Conley, and Opening Bell Media CEO Phil Rosen discuss how much higher Micron's stock could run following this earnings report.

242-year-old bank warns of rising FOMO on Wall Street
TheStreet56d agoneutral
242-year-old bank warns of rising FOMO on Wall Street

A key trend has emerged on Wall Street where nearly every asset manager wants to reproduce digital tokens of popular funds. The process is called tokenization, which involves using blockchain technology to tokenize real-world assets (RWAs) such as property, financial instruments, music, art, etc. A ...

US online spending hits $8.3 billion as Amazon Prime Day kicks off, Adobe says
Reuters56d agoneutral
US online spending hits $8.3 billion as Amazon Prime Day kicks off, Adobe says

Online spending among shoppers on the first day of Amazon's Prime ‌Day rose 5.3% from a year earlier ‌to $8.3 billion across U.S. retailers, Adobe Analytics said on ​Wednesday. The four-day shopping event, which started on Tuesday and is being held earlier than usual this year, will be a litmus test of U.S. ‌shoppers' spending power ⁠as the focus shifts to essential goods. • Online ⁠spending on Tuesday is tracking ahead of its projections and marks the biggest e-commerce day so ​far in ​2026, Adobe said.

Bloomberg56d agoneutral
OpenAI, Broadcom Unveil Chip to Run Models Faster, Cheaper

(Bloomberg) -- OpenAI unveiled its first custom artificial intelligence chip developed in partnership with Broadcom Inc., part of a bid by the ChatGPT maker to gain an edge by tailoring hardware to better run its AI products. Most Read from BloombergStocks Slide as Wall Street Gets AI Wake-Up Call: Markets WrapInvestor Who Scored 900% Win in 2008 Crisis Has New Big Short BetOracle Cut 21,000 Jobs in 12 Months, Says AI Replaced Some Roles‘FOMO Really Got Me’: Taiwanese Go Deep Into Debt to Amp 10

Investing.com56d agoneutral
Broadcom rises 3% on OpenAI custom "Jalapeño" chip reveal

Investing.com -- Broadcom (NASDAQ:AVGO) shares jumped 3.4% Wednesday morning following the unveiling of "Jalapeño," a custom AI chip developed in partnership with OpenAI. Billed as OpenAI’s first "Intelligence Processor," the custom accelerator was designed specifically for large language model (LLM) inference and moved from design to production in just nine months. The chip marks OpenAI’s official expansion into proprietary hardware as part of its full-stack infrastructure strategy. Built from

Bloomberg56d agoneutral
JPMorgan Lifts S&P 500 Target to 7,800 as ‘Blue Sky’ Scenario Approaches

(Bloomberg) -- JPMorgan Chase & Co. believes US stocks are approaching their “blue sky” scenario, highlighting stronger-than-expected earnings growth and a potential peace deal to end the Iran war as key drivers.Most Read from BloombergStocks Slide as Wall Street Gets AI Wake-Up Call: Markets WrapOracle Cut 21,000 Jobs in 12 Months, Says AI Replaced Some RolesInvestor Who Scored 900% Win in 2008 Crisis Has New Big Short Bet‘FOMO Really Got Me’: Taiwanese Go Deep Into Debt to Amp 100% Stock Rally

Bloomberg56d agobullish
Wendy's Surges 37% Following Viral Reddit Post

(Bloomberg) -- The meme-stock crowd is rallying behind another beaten up American icon — Wendy’s Co., the fast-food chain known for the Frosty, Dave’s Triple burger and the Biggie Deal.Most Read from BloombergStocks Slide as Wall Street Gets AI Wake-Up Call: Markets WrapOracle Cut 21,000 Jobs in 12 Months, Says AI Replaced Some RolesInvestor Who Scored 900% Win in 2008 Crisis Has New Big Short Bet‘FOMO Really Got Me’: Taiwanese Go Deep Into Debt to Amp 100% Stock RallyKorean Stocks Tumble 10% as

AI Concerns Hurt ServiceNow (NOW) Despite Strong Earnings
Insider Monkey56d agoneutral
AI Concerns Hurt ServiceNow (NOW) Despite Strong Earnings

Burke Wealth Management, an investment management company, released its “Focused Growth Strategy” first-quarter 2026 investor letter. A copy of the letter can be downloaded here. The Fund returned -10.6% in Q1 2026, significantly lagging the S&P 500’s -4.3% returns. The letter noted the quarter as the worst for equities since 2022, with strong corporate earnings being […]

How the US Dollar Got Its Mojo Back
Barrons.com56d agoneutral
How the US Dollar Got Its Mojo Back

The U.S. dollar has separated from the pack, rising to the highest levels in more than a year and building on gains again Wednesday, as investors use the greenback as a sanctuary from risks tied to the global tech selloff and calibrate the impact of expected Federal Reserve interest-rate hikes over the back half of the year. There also was little change in Fed forecasts with futures indicating a 60% chance of a rate hike in September. Charalampos Pissouros, senior market analyst at XM, thinks the dollar rally is extending beyond the Fed funds trade.