Stock Market News — page 21

Vinci SA via its VINCI Energies unit launches a voluntary public tender offer to acquire All for One Group SE, sparking a sharp rally in the German business software specialist's shares.

ABB agrees to acquire Rotork in a deal valued at roughly $5.5 billion, triggering a sharp rally in Rotork’s stock as investors digest the strategic move.

Hong Kong-listed shares of Alibaba and Baidu climbed after news that Apple secured approval to pursue artificial intelligence initiatives in China, signaling a potential deeper tech collaboration amid U.S.-China AI rivalry.

Investors anticipate continued strength in aerospace and defense exposure as Morgan Stanley prepares for its second-quarter 2026 update, according to multiple outlets.

Investors await a slate of data on retail sales, jobless claims and manufacturing to gauge inflation risks and economic momentum

SpaceX shares extended losses for a fourth straight session, dipping below the initial $135 IPO price after joining the Nasdaq-100, signaling a cooling in a blistering rally.

Johnson & Johnson beat expectations for the quarter as its medicines division supported results, prompting an upward revision to its full-year outlook.

Morgan Stanley reports higher second-quarter profit driven by dealmaking strength, with Morgan Stanley upgrading CAVA Group stock following the firm’s analysis and outlook.

Industry observers expect a surge in AI-related capital expenditures to exceed one trillion dollars next year, with certain industrial names positioned to benefit as data-center infrastructure and ancillary supply chains scale.

Markets tracked a decline in Elevance Health’s quarterly profit, with insurance stocks broadly weaker on signs of margin pressure and earnings softness

European luxury equities rose after Richemont reported stronger-than-expected first-quarter sales, with analysts noting the sector still hinges on demand from China

ARK Invest expanded its Circle stake after a broader round of buying, while its founder signaled optimism on bitcoin's price cycle.

South Korea’s SK Hynix led gains as Asian tech equities rose on the back of a rebound in U.S. semiconductor shares after earlier losses, signaling a broader appetite for tech names.

Lucid Group faced a sharp intraday decline amid reports it may be weighing bankruptcy, but the company denied the rumors, leaving the stock at a new record low intraday before easing losses.

Yum Brands' shares fell after reports that U.S. health authorities are investigating Taco Bell over a cyclosporiasis outbreak, with officials seeking the outbreak’s source as the menu adjustments drew attention.

Lucid Group’s stock fell sharply following reports the EV maker was weighing options that could include bankruptcy or going private, a claim the company publicly denied.

June CPI data show a larger-than-anticipated drop in consumer prices month-over-month, with energy declines contributing to a softer annual pace that CNBC notes at 3.5% year over year, versus expectations of 3.8%

Thomson Reuters plans a joint venture with KKR, selling a majority stake in its Global Print business for $500 million.

IBM shares fell sharply after reports that second-quarter earnings and revenue would come in below expectations amid weakness in software and infrastructure as customers redirected spending toward hardware.

Bank of America reported a higher second-quarter net income driven in part by strength in trading activities, with earnings per share rising from the prior year quarter.

A slate of Wall Street banks will host Q2 2026 earnings conferences on Tuesday, with market watchers looking for indications of trading and lending performance.

Markets and energy watchers reassess supply risk as plans for a 20% toll on Strait of Hormuz cargo emerge, triggering discussions on alternative routes and global oil-supply implications

A group of 12 state attorneys general, led by California's Rob Bonta, filed suit to block the $110 billion merger between Warner Bros. Discovery and Paramount Skydance, with Milbank serving as counsel for the states.

A coalition of 12 states, led by California, filed an antitrust lawsuit to halt Paramount Skydance’s proposed takeover of Warner Bros. Discovery in a deal valued at about $110 billion.

A slate of U.S. equities and funds traded with notable activity around their 200-day moving averages, signaling mixed momentum across retailers, industrials and thematic ETFs, according to Nasdaq reports.

Morgan Stanley says the Magnificent Seven's valuation premium over the S&P 500 has shrunk to around 10% from more than 30%, the narrowest in over a decade, as AI-spending concerns drive underperformance.

FTSE 100 movement was mixed amid rising Middle East tensions and an oil-price uptick, with Page Group advancing on stronger earnings.

Shares of SK Hynix fell in Seoul after the chipmaker's strong Nasdaq listing, with reports noting declines of about 10% to nearly 11% following the debut.

Stocks and oil markets moved on weekend flare-ups between the U.S. and Iran, with futures slipping as tensions persisted and oil prices inched up.

OpenAI's path to a future valuation near $1 trillion faces timing questions as a SoftBank loan matures and public listing expectations shift toward 2027, while public discourse around its leadership intensifies