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Marvell (MRVL) to Join S&P 500 Index
Insider Monkey69d agoneutral
Marvell (MRVL) to Join S&P 500 Index

Marvell Technology, Inc. (NASDAQ:MRVL) is one of the 10 Best Performing Growth Stocks So Far in 2026. On June 5, Reuters reported that Marvell Technology, Inc. (NASDAQ:MRVL) is set to join the S&P 500 later this month. After the company met a key profitability requirement thanks to an AI-fueled rally, S&P ​Dow Jones Indices said […]

Why Flex (FLEX) Is Down 13.9% After S&P 500 Inclusion And New AI Power Launch
Simply Wall St.69d agoneutral
Why Flex (FLEX) Is Down 13.9% After S&P 500 Inclusion And New AI Power Launch

Earlier in June 2026, Flex entered a new senior term loan credit facility of approximately US$1.45 billion maturing in 2027 and launched high-efficiency AI power solutions, including a 110 kW power shelf, 30 kW capacitive energy storage system, and compact BMR317 converter for data center and AI workloads. The company was also selected for inclusion in the S&P 500 index, a milestone that underscores growing institutional recognition of Flex’s evolving role in AI-ready power and...

Review & Preview: The AI Rally Keeps Unwinding
Barrons.com69d agobullish
Review & Preview: The AI Rally Keeps Unwinding

The Nasdaq Composite tumbled again today after the latest inflation reading and higher oil prices failed to stop the bleeding. Chips were at the heart of the downturn, with the iShares Semiconductor ETF sinking another 3.7%, putting the chip stock benchmark 12% off its June 3 closing high. Industrials were the biggest laggard on Wednesday, dragged down by a swirl of other factors including rising oil prices, and expectations of a Fed interest rate hike.

US stocks tumble, dragged by tech and Iran war worries
Reuters Videos69d agobearishVIDEO
US stocks tumble, dragged by tech and Iran war worries

<body><p>STORY: Wall Street's main indexes tumbled on Wednesday, with the Dow dropping almost 1.9%, the S&P 500 shedding 1.6% and the Nasdaq falling nearly 2%.</p><p>:: Archive</p><p>Renewed tensions in the Middle East added to investor uncertainty, with President Donald Trump saying the U.S. would attack Iran again "very hard" following a significant exchange of fire overnight.</p><p>Chip makers continued to drag on the market, extending their recent declines. Shares of Nvidia lost more than 3.5%, while Broadcom dropped more than 5%.</p><p>Gina Martin Adams is chief market strategist at HB Wealth.</p><p>"We've had a pretty tough go for the last few days in the equity market, really starting in the middle of last week. We started to see a little bit of rotation out of technology stocks as the earnings season is finally finished. That was clearly the big catalyst for gains. Now we're starting to see markets react a little bit to friction that has reemerged in the Middle East. So you've got two different influences on the equity market right now. Investors are rotating out of tech after the enormous run that it had had since the end of March, and Middle East tensions, which are flaring up again."</p><p>:: Oracle</p><p>In other tech names, shares of Oracle, down more than 2% at the close, dropped further in extended trading after&nbsp;</p><p>the company reported quarterly revenue that narrowly beat Wall Street expectations. Its results came amid concerns about Oracle's spending and AI-driven disruption to traditional software demand. The company also said it expects to raise nearly $40 billion through a combination of debt and equity financing in fiscal 2027.</p><p>:: Archive</p><p>Shares of Super Micro Computer nosedived 28% after the company announced plans to raise $7 billion through a series of equity and equity-linked transactions to fund component purchases for its growing AI server demand.</p><p>:: Archive</p><p>And shares of trucking companies dipped after Amazon announced an expansion of its freight services, with shares of J.B. Hunt, XPO and Old Dominion all suffering losses.</p><p>Meanwhile, data from the Labor Department showed U.S. consumer prices increased 4.2% in the 12 months through May, the largest gain since April of 2023.</p><p>While the Federal Reserve is widely expected to hold interest rates steady at its policy meeting next week, investors are now pricing in at least one rate hike by the end of the year.</p></body>

Q2 Earnings Season Preview: What to Expect
Zacks69d agoneutral
Q2 Earnings Season Preview: What to Expect

Total Q2 earnings for the S&P 500 index are currently expected to be up +21.8% from the same period last year on +10.9% higher revenues, with 11 of the 16 Zacks sectors expected to enjoy positive earnings growth.

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.