Bad week for the ‘ants’ as ripple effects of Korean crash spread out across Asia
A high bar is set for Q2 results. Plus: A sector that could surprise, what to watch in big bank earnings, and the World Cup’s effect on the US economy.
Markets
Economic outlook is worsening and Trump is getting blamed, CNBC survey finds
Despite a booming stock market and improving inflation numbers, the public is as depressed about the economy as it has been since the years just after the pandemic and increasingly concerned about the cost of everyday g…
Iran says civilian infrastructure hit by latest U.S. strikes, expands attacks to Syria, Bahrain
Iran on Friday claimed it had targeted U.S. military forces in Syria and Bahrain, widening its attacks in the region as the U.S. completed its sixth consecutive night of strikes on the Islamic Republic.
Chipmakers and other high-flying stocks slide as AI trade wobbles
QCOM surged 68% in 30 days on hyperscaler chip news, yet handset revenue fell 13% and operating income dropped 26% last quarter.
Truist Financial Corporation (TFC) Q2 Earnings and Revenues Top Estimates
Truist Financial Corporation (TFC) came out with quarterly earnings of $1.23 per share, beating the Zacks Consensus Estimate of $1.08 per share. This compares to earnings of $0.91 per share a year ago. These figures are…
Buyer snaps up Josh Duhamel’s $3 million L.A. home as actor embraces his Minnesota ‘doomsday prepper’ cabin
What to know about positioning for the second half of 2026, and where we see opportunity by sector.
Airbnb co-founder says his X account was hacked as he deletes comments about tokenization
A high bar is set for Q2 results. Plus: A sector that could surprise, what to watch in big bank earnings, and the World Cup’s effect on the US economy.
CareDx (CDNA) Moves 35.6% Higher: Will This Strength Last?
CareDx CDNA shares rallied 35.6% in the last trading session to close at $40.34. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to th…
Hub Group (HUBG) Surges 7.6%: Is This an Indication of Further Gains?
Hub Group (HUBG) shares rallied 7.6% in the last trading session to close at $51.41. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares t…
Fifth Third Bancorp (FITB) Surpasses Q2 Earnings and Revenue Estimates
Fifth Third Bancorp (FITB) came out with quarterly earnings of $1.02 per share, beating the Zacks Consensus Estimate of $0.98 per share. This compares to earnings of $0.9 per share a year ago. These figures are adjusted…
The market may be headed for a 40% correction, warns this wealth manager. He flags bargains in overlooked stocks.
A high bar is set for Q2 results. Plus: A sector that could surprise, what to watch in big bank earnings, and the World Cup’s effect on the US economy.
Bear of the Day: Papa John's International, Inc. (PZZA)
Pizza giant, Papa John’s International, Inc. PZZA, has seen its earnings estimates steadily fall off a cliff over the last several years, driven by declining comparable sales, cost pressures, and heavy competition from …
New Strong Sell Stocks for July 17th
Insteel Industries IIIN is one of the nation's largest manufacturers of steel wire reinforcing products for concrete construction applications. The Zacks Consensus Estimate for its current year earnings has been revised…
SpaceX postponed a crucial launch — now its stock is set to slide even further below the IPO price
SpaceX shares tumbled below their $135 IPO price after an aborted Starship rocket launch erased billions in market cap, raising concerns over its valuation.
Scotts (SMG) Moves 8.1% Higher: Will This Strength Last?
Scotts Miracle-Gro (SMG) shares rallied 8.1% in the last trading session to close at $73.47. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This co…
Bull of the Day: MasTec, Inc. (MTZ)
MasTec, Inc. MTZ is a market-crushing, under-the-radar infrastructure construction stock benefiting directly from the artificial intelligence spending boom.
Xi pitches China as AI partner to developing world, warns against risks and security overreach
Chinese President Xi Jinping on Friday positioned China as a partner in artificial intelligence to the Global South, saying that countries should come together to build AI and help developing countries as well.
RxSight (RXST) Surges 6.1%: Is This an Indication of Further Gains?
RxSight, Inc. RXST shares soared 6.1% in the last trading session to close at $5.57. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 14.4% g…
Retail investors had been outperforming the market since May. Not any more.
1- If real estate prices troughed in 2024, why are investor allocations to real estate still shrinking? Because of the magnitude of CRE underperformance since 2021.
Global tech stocks fall as chip sell-off deepens; Burberry sales boosted by gen Z shoppers – business live
Christopher Forbes , head of Asia and Middle East at CMC Markets , told Reuters that he thought that recent tech earnings had been robust, despite the market reaction.
Micron has turned into ‘the most important stock in the market.’ So is it time to worry?
According to Zhitong Finance, Micron Technology (MU.US) experienced a single-day share price plunge of 13% on Tuesday, with its stock trajectory closely watched as the June 26 options chain is pricing in another sharp m…
Oil rises as Iran threatens retaliation if Trump targets country's critical infrastructure
Oil prices rose Friday as investors weighed escalating tensions between the United States and Iran after Tehran vowed to target regional infrastructure if President Donald Trump followed through on threats to strike the…
China’s Moonshot unveils new open source AI model to rival US frontier offerings
The latest Chinese model trails U.S. competitors on benchmarks. But it may not have to win the performance race to reshape the geopolitics of artificial intelligence.
Cotton Falls Back on Thursday
Thursday’s price action saw cotton futures pull back, closing down 40 to 47 points in the nearbys. Crude oil prices were down 77 cents so far on the day, with the US dollar index up $0.400 to $99.835.