Market news archive — page 22

Analysts flag AI-driven growth across Nvidia, Alphabet, TSMC and Robinhood, with BTIG initiating Robinhood at Buy and Nvidia’s CFO referencing catalysts from the Q1 2027 call

A veteran market observer cautions that upbeat profit expectations may precede a pullback, even as traders price in a higher probability of future Federal Reserve rate hikes.

Binance will suspend some services for European users after withdrawing its MiCA license application, highlighting the bloc’s licensing deadline for crypto firms

Shipping through the Strait of Hormuz shows signs of revival a week after an interim U.S.-Iran agreement, but confidence remains fragile amid security concerns and broader regional statements.

The US dollar strengthened through June as a steady-but-hawkish Federal Reserve outweighed a rate-hiking European Central Bank, leaving the euro and sterling on the back foot.

Volkswagen CEO Oliver Blume aims to cut up to 100,000 jobs worldwide over the coming years and trim investment by about 15% to just over €130 billion, Manager Magazin reported — a major escalation of a restructuring already targeting 50,000 German cuts by 2030. VW declined to comment.

May 2026 ECB Consumer Expectations Survey signals lower near-term inflation expectations and a more favorable growth outlook for the euro area.

CoinEx rejected a TRM Labs report alleging it served as the main external conduit for sanctioned Iranian crypto, with over $3.84 billion in flows since 2019, saying on-chain flows don't prove knowledge or participation and that it has exited Iran-related exposure.

Carlos Ghosn said shareholder calls for his return to Nissan reflect deep anger over failed turnaround efforts, citing an 80% share-price drop and halved sales since 2018, after a proposal to reinstate him failed; Nissan dismissed the "speculative remarks" and cited turnaround progress.

All 32 large US banks passed the Fed's 2026 stress test, staying above minimum capital levels despite a hypothetical recession generating over $708 billion in losses; with capital requirements frozen until 2027, JPMorgan led payouts by lifting its dividend and adding a $50 billion buyback.

The IAEA has access to Iran's nuclear sites under an interim arrangement, with the agency hoping to visit soon and monitor compliance amid broader talks

European stocks are set for a softer open as delayed AI catalysts and ongoing bets on tighter Fed policy underpin a cautious mood, while gold trends lower on a firmer dollar and renewed rate-hike expectations

Tokyo’s core consumer price index rose further in June, underscoring strengthening underlying inflation ahead of Japan’s upcoming central bank policy meeting.

Nasdaq Composite declines amid tech-led weakness, while Amazon signals a bold move into big-box retail with a Chicago-area superstore plan, signaling potential longer-term retail and market implications.

Investors push back on AI-related cloud spend as margins and long-term cash-flow prospects come under scrutiny, triggering a June pullback in Microsoft shares

On Semiconductor plans to buy Synaptics in an all-stock transaction, expanding its addressable market for physical AI and lifting its total addressable market to about $243 billion by 2030.

Story Protocol shifts focus from an IP token to licensing data for AI firms, rebranding as DATA Foundation amid a dramatic token decline and a broader AI training-data push.

Coinbase-linked Base, a major Ethereum layer-2 network, halted transaction processing for roughly two hours due to a block production issue ahead of an upgrade, before resuming normal operations.

Microsoft increases Xbox console prices citing rising component costs, with CNBC noting a broader pricing backdrop after Apple’s hikes on MacBooks and iPads

Bank of America shifts its G10 FX forecasts, lowering euro projections and adopting a more constructive view on the U.S. dollar as expectations for a hawkish Federal Reserve persist.

The Supreme Court permits the Trump administration to terminate temporary protected status for Syrians and Haitians, enabling the setting of timelines to end deportation protections established for those groups.

The U.S. Supreme Court ruling narrows glyphosate-related cancer lawsuits, lifting legal risk for Bayer and sparking a sharp stock rally and broader market attention.

Investing.com notes SanDisk and Micron among Thursday's market-cap stock movers, while CNBC highlights Thursday’s top analyst calls including Micron, Apple, Intel, SanDisk, Netflix, Qualcomm and CoreWeave

The Fed’s preferred inflation gauge shows annual PCE growth at 4.1% for May, with core inflation at 3.4%—the readings fueling expectations around future monetary policy moves.

With AI demand lifting memory and storage costs, Apple reportedly raised prices on MacBook and iPad models, reflecting broader supply-chain pressures including a chip shortage

Apple has increased prices for its MacBook and iPad lines as memory and storage costs rise, a move the company signaled may extend to other products.

Spark moved about $150 million of stablecoins into two Uniswap v4 pools to push a shared liquidity framework for a broader stablecoin ecosystem on Ethereum.

Initial U.S. jobless claims dipped to 215,000, signaling ongoing resilience in the labor market while continuing claims edged higher against a mixed backdrop of expectations.

May durable goods orders fell 4.5% month-on-month, led by a sharp pullback in transportation equipment, while core components showed mixed strength against expectations

Circle and Nomura plan to use stablecoins to facilitate cross-border corporate FX settlements in Japan, part of a broader push to leverage blockchain infrastructure for regulated financial activity

JPMorgan Chase has appointed Doug Petno and Troy Rohrbaugh as co-presidents, confirming the departure of long-time executive Marianne Lake and signaling a leadership reshuffle at the bank.

Premarket trade saw Micron and Qualcomm among the biggest gainers while Hertz faced declines, with other notable moves across major names.

Darden Restaurants beat earnings estimates, but growth at Olive Garden lagged, weighing on investor sentiment as the stock trades lower in premarket action

Prediction-market exchange Kalshi is in talks to raise capital at about a $40 billion valuation, the FT reported, nearly doubling its $22 billion mark from May, as record sports-driven trading volume fuels its rapid ascent despite mounting state legal challenges.

Chevron's CFO said US gasoline prices should fall as Middle East tensions ease but that it will take time, after President Trump ordered a DOJ probe into oil companies for alleged "gouging" because pump prices have lagged a sharp drop in crude.

WidePoint shares jumped after the firm was named sole awardee of the DHS CWMS 3.0 secure-mobility contract, a 10-year IDIQ with a ceiling of about $3.1 billion — more than double the prior deal — removing a re-compete overhang for the federally focused small-cap.

BlackBerry raised its full-year revenue forecast after first-quarter revenue rose 26% to about $153 million, beating expectations, with QNX automotive software and secure communications driving sharply higher profitability and the company's first positive operating cash flow in nine years.

Darden Restaurants posted adjusted Q4 EPS of $3.66, beating estimates and up nearly 23%, but same-restaurant sales at Olive Garden (4.0%) and fine dining (1.2%) fell short of expectations, sending shares lower premarket; full-year sales rose 9.4% to $13.21 billion.

Tech stocks rebounded on Thursday as Micron's blowout results and above-consensus guidance reassured investors on AI-memory demand, lifting Nasdaq futures over 2% and chip names including Qualcomm, Lam Research and Applied Materials, with the May PCE inflation reading awaited.

Germany's Merck KGaA agreed to buy US life-science tools maker Bio-Techne for $73 a share in cash, an enterprise value of about $11.3 billion and a 36% premium, sending Bio-Techne shares up more than 20% premarket as the German group expands its life-sciences arm.

German Merck KGaA to acquire Bio-Techne for about $11.3 billion, with the deal priced at $73 per share in cash, signaling a major mid-cap biotech consolidation move

Micron Technology reported stronger-than-expected earnings with guidance that impressed investors, sending its shares higher and boosting sentiment around AI memory names.

European equities edged higher as oil prices retreat and technology shares firm, underscoring relief from geopolitical tensions and upbeat forecasts shaping investor sentiment

Futures rose on hopes for fresh inflation data as Micron spurred gains, while investors await the Fed’s inflation outlook and any signals from new leadership change

Gold retreats from the $4,000 mark while silver slips under $60, as traders weigh multiple headwinds and whether the long bull run still has steam left.

The U.S. dollar holds firm while stock markets slide as expectations grow that the Fed will keep policy restrictive for longer, with gold sliding toward a seven-month low on dollar strength.

Iran issued a formal warning against transiting the Hormuz Strait without authorization, describing an unauthorised route as unacceptable and dangerous and urging vessels to obtain Tehran's approval

Germany’s July GfK consumer climate rose modestly from May/June lows but remains well below neutral, with the index at -29.2 and expectations not met according to multiple outlets.

Volkswagen agrees to divest a majority stake in its Everllence unit to Bain Capital, with a deal value reported near EUR 7.4 billion, according to multiple outlets.

Asia markets rally after Micron beats on earnings and revenue, renewing optimism over AI-driven demand and lifting risk sentiment across regional equities