Lam Research (NasdaqGS:LRCX) has been added to the Russell Top 50 Index. The change reflects the company’s current size and market capitalization within the U.S. equity market. This index inclusion can influence institutional attention, fund allocation, and overall stock visibility. Lam Research is a major supplier of wafer fabrication equipment and services to semiconductor manufacturers, positioned at the core of chip production. The company’s new place in the Russell Top 50 Index puts it...
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Corning (NYSE:GLW) has been reclassified in major Russell indexes, shifting from value indexes to growth benchmarks. The stock has been added to the Russell 1000 Growth and Russell Top 200 Growth indexes while being removed from several value-focused indexes. This index reshuffle is expected to influence funds and ETFs that track these benchmarks and may affect Corning's investor mix. Corning enters this reclassification phase after an extended period of strong share performance, with...
Be ‘fearful when others are greedy and greedy when others are fearful.’
There has been a great deal of discussion about whether the stock market will eventually start to sell off the Magnificent Seven. In June, as a group, their market cap dropped $2.3 trillion. Of course, the drop is uneven, but given how important they are to the market’s incredibly long rally, it is a warning ... Magnificent Seven Value Drops $2.3 Trillion In June
Rocket Lab Corporation (NASDAQ:RKLB) is among the 8 Aerospace and Defense Stocks with the Largest 5Y Share Price Returns, having surged nearly 800% during the period, as of the close on June 29. On June 25, the company announced that it had been selected by NASA to launch Sun and Earth Sciences missions. Under the […]
Analyst warns of mounting competitive and structural challengesTrade Desk (NASDAQ:TTD) shares fell 2. 6% on Tuesday after Arete downgraded the digital advertising technology company to Sell from Neutral and assigned a price target of $11.
Authorities reportedly searched offices tied to an investigation into Nvidia chip exports.
The recall covers a transmission issue that could cause vehicles to roll away.
Morgan Stanley slashed its Brent oil forecast to $75 a barrel, citing a looming supply glut as Strait of Hormuz traffic recovers faster than expected.
The number of people under investigation has grown from 3 to 9 as Taiwanese prosecutors search 12 sites tied to alleged Nvidia chip diversions to China
Super Micro Tumbles on Report of Taiwan Searches Tied to Nvidia Chips
Eos Energy announced that it has commenced a registered direct offering of common stock and warrants.
The early signs suggest a clear way to play the dip.
Tesla stock was lower early Tuesday after an epic Monday, as the car industry looks for solutions to rising commodity prices. Tesla stock gained 8.5% on Monday, rising roughly $30 a share, more than wiping out $20-per-share losses of the prior week. Tuesday’s early move came as Reuters reported that several auto makers were using some aluminum wiring instead of copper.
Bitcoin News: Michael Saylor’s Strategy (Nasdaq: MSTR) filed on June 29 to sell up to $1.25 billion worth of Bitcoin, framing the potential liquidation as a “Bitcoin Monetization Program” designed to bolster its cash reserve, cover preferred stock dividends, and service interest obligations. The filing marks the most explicit structural ...
On The Wolf of All Streets, critic Peter Schiff said Saylor "basically just surrendered," moving from the biggest buyer to the biggest seller.
Figma (NYSE:FIG) has been added as a constituent to several major Russell indexes, including the Russell 1000, 2500, 3000, and related value and midcap segments. The index changes recently took effect as part of Russell’s latest reconstitution process. This inclusion increases Figma’s presence in widely tracked benchmarks that many institutional investors use for portfolio construction. Figma enters this broader index spotlight with its stock trading at $19.08 and a value score of 2. The...
BofA sees weaker demand ahead for consumer peripheralsBank of America has downgraded Logitech (NASDAQ:LOGI) to Underperform from Neutral while reducing its price target by 18% to CHF70/$86 from CHF85/$108, citing expectations that demand for the company’s products will weaken significantly over the next 12 to 18 months as higher hardware prices weigh on consumer spending. Logitech’s U.
Dogecoin is running out of potential upside catalysts.
Market worries were easing as the Dow Jones Industrial Index moved past the key 52,000 level and fears about U.S.-Iran hostility around the Strait of Hormuz eased. The Cboe Volatility Index, or Vix, fell to 17.57. Stock futures were rising on the three main indexes in Tuesday's premarket with the Dow up 112 points, or 0.2%, the S&P 500 up 0.1% and the tech-heavy Nasdaq-100 rising 0.2%.
June 30 (Reuters) - A bipartisan group of U. lawmakers has opened national security investigations into whether drugmakers Merck and AbbVie have been involved in clinical trials conducted in China that helped fuel the communist country's military capability, according to letters seen by Reuters.
Powell Industries (NasdaqGS:POWL) has been added to the Russell 1000, Russell Midcap, and several Russell Growth and Defensive indices. At the same time, the company has been removed from multiple Russell 2000 indices as part of a broad index rebalancing. These index changes alter Powell Industries' benchmark peer group and may influence how institutional investors track the stock. Powell Industries enters these larger Russell indices with a recent share price of $281.09 and very large...
Apple raised prices on some of its products to account for higher memory costs, which could have implications across the AI sector.
Taiwanese investigators raided the AI server maker’s offices as part of a probe into alleged smuggling of Nvidia chips to China.
BBIB, BGSI and CLCGY have been added to the Zacks Rank #5 (Strong Sell) List on June 30, 2026.
Taiwanese authorities escalated a probe into the unauthorized diversion of advanced artificial-intelligence servers made by Super Micro Computer, as part of efforts to crack down on the alleged smuggling of Nvidia chips to China.
Bitcoin was falling, trading below the key $60,000 level, as it struggled to recover from its recent sharp selloff. The market is digesting the prospect of the Federal Reserve raising interest rates, lifting the dollar and weighing on bitcoin, said Stephen Coltman at 21Shares in a note. Meanwhile, crypto-hoarding group Strategy said on Monday that it might sell bitcoin to raise up to $1.25 billion in cash to help cover dividend payments on its preferred stock and the interest on outstanding debt, as well as to fund its share-repurchase program and cash reserve.
BofA downgraded Biohaven Pharmaceutical to ‘Underperform’ from ‘Neutral’ and cut the price target to $11, indicating a downside potential of about 26% from the stock’s previous close.
June 30 (Reuters) - Morgan Stanley lowered its Brent crude price forecast for the rest of the year and next, citing a faster-than-expected reopening of the Strait of Hormuz, and said market focus has
The firm expects 397,414 Q2 deliveries, below Tesla’s company-compiled consensus of 408,609.