Stock Market News — page 25

Tesla finalizes its AI5 chip blueprint, while broader chip sector pressures and rate-hike concerns weigh on the Nasdaq 100, amid reports of external geopolitics impacting tech stocks.

Reports indicate SpaceX is set for Nasdaq-100 inclusion under a fast-track framework, potentially triggering passive fund buying as investors reassess index composition.

SpaceX launched a $25 billion bond deal less than two weeks after its IPO, with reports of substantial demand and questions about what the interest signals for AI-focused investors.

Banca Ifis shares plunged and were halted in Milan after the Italian lender cut its 2026 net profit guidance to €100-110 million from €170-190 million, launched a sale of its roughly €1.5 billion non-performing loan business, and booked about €70 million in provisions tied to a Bank of Italy inspection.

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.

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

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

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

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

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.

Nokia’s acquisition of Infinera positions the company as a vertically integrated provider of optical networking components, a move market observers are only beginning to scrutinize amid broader investor debates about the timing of buy-the-dip strategies.

J.P. Morgan strategists raise their year-end S&P 500 target to 7,800, saying earnings growth expectations have been far stronger than previously anticipated while warning that a flash crash remains a risk.

JPMorgan raises its S&P 500 target to 7,800 while flagging unprecedented earnings revisions, suggesting further gains but with hurdles and volatility ahead

BTIG begins coverage on Take-Two Interactive with a buy rating as the market awaits the launch timeline for Grand Theft Auto VI, following reports that the title is priced at $79.99 in markets.

South Korea’s SK Hynix plans an American depository receipt listing on the Nasdaq, raising roughly $29 billion through the issuance of new shares

MSCI has again delayed its review of Indonesia, keeping downgrade risk in focus while South Korea remains classified as an emerging market, with talks of Seoul possibly entering a developed markets watchlist ongoing.

Nike appoints David Denton, formerly a Pfizer executive, as Chief Financial Officer, with the company noting a tariff-related benefit anticipated for its upcoming fourth quarter.

Honeywell Aerospace will be added to the S&P 500 and S&P 100, replacing Conagra Brands in the S&P 500, with the transition scheduled for June 29

Regional stock markets softened as a broad tech sector selloff spilled across Asia, with mixed moves in Korea and muted sentiment in Indian shares amid global cues

US stock futures edged higher after a broad tech selloff, with Micron Technology weighing on sentiment as a memory-chip rout spread from Asian peers to U.S. markets

Alphabet will enter the Dow Jones Industrial Average, replacing Verizon as the index looks to better reflect the communications landscape

Market reports outline SpaceX's pricing for a potential large debt offering to refinance existing liabilities, while Nasdaq notes Cathie Wood's Ark Invest has positioned SpaceX as a major holding.

Cerebras reports its first earnings since going public, with strong revenue growth announced, yet the stock trades lower in after-hours action

Alphabet will replace Verizon in the Dow Jones Industrial Average, as U.S. stocks end the session with a small pullback in the Dow at the close

Boundless Bio and Serapha Bio announce a definitive all-stock merger, accompanied by a $230 million private placement, with shares trading lower on the development.