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Reddit Inc (NYSE:RDDT) shares jumped more than 16% on Friday after S&P Dow Jones Indices said the company will join the S&P 500 index next week. The inclusion is expected to trigger mandatory buying from institutional funds that track the benchmark. The index milestone follows a...
JPMorgan remains positive on equities for the second half of the year, arguing that concerns surrounding geopolitics, inflation, market concentration, the economic cycle and weakness in bonds are unlikely to prevent stocks from advancing further. The bank expects broader participation in the rally, with cyclical and higher-beta areas potentially taking a greater role as the year progresses.
Investing.com -- In a note on Friday, New Street Research upgraded Micron Technology to buy with a $1,250 price target, arguing the memory maker's current run breaks from the industry's historical boom-and-bust pattern.
Investing.com -- J.P. Morgan moved SanDisk to Overweight from Not Rated with a December 2027 price target of $2,250, citing positive takeaways from the company’s 2026 Investor Day held in New York.
Sandisk stock surged as Wall Street digested the flash memory maker's bullish long-term growth targets.
Investing.com -- Fox Corp. was upgraded to Overweight from Neutral by J.P. Morgan and Wells Fargo, which also raised their price targets, citing stronger earnings prospects, robust advertising trends and the pending acquisition of Roku.
U.S. drone stocks are climbing premarket after the White House said it would levy tariffs on drones deemed to pose a national-security threat. Among the stocks taking off is a company backed by Donald Trump, Jr. President Trump imposed 100% tariffs on drones with a maximum takeoff weight of more than 25 kilograms as well as those with thermal imaging capabilities and some critical components.
The clearance of Zenbexus is the first for a group of protein-degrading “CELMoD” medicines that could help Bristol Myers rejuvenate a key drug franchise.
While Eli Lilly isn't a perfect technical setup, it's still a fundamental powerhouse that could be worth considering.
The semiconductor equipment maker posted $9.12 billion in third-quarter revenue and guided for up to $10.75 billion in the current quarter
Investing.com -- Citi believes the backdrop for gold is improving as U.S. front-end rates roll over, but the bank said in a note on Friday that it is holding off on adding exposure after a rapid run higher.
Investing.com - U.S. stock futures were little changed on Friday, pointing to a muted open after the S&P 500 closed at a record high in the previous session, while investors weighed a fresh batch of corporate news and analyst actions.
S&P Dow Jones Indices said late Thursday that Reddit will be added to the S&P 500 prior to the start of trading on Aug. 18.
S&P Dow Jones Indices said late Thursday that Reddit will be added to the S&P 500 prior to the start of trading on Aug. 18.
U. S. stock futures traded close to unchanged on Friday as investors assessed softer inflation data, a fresh round of technology earnings and renewed volatility across semiconductor shares.
Even after its recent rally, there could be more meaningful gains ahead for SpaceX.
By Amanda Cooper LONDON, Aug 14 (Reuters) - Global stocks hovered around record highs on Friday, set for a third weekly gain after benign inflation data dented expectations for a U.S. rate hike next
Success in the midterm elections for the Republicans and the Texas gubernatorial contest would set up stocks for a further rally, according to Bank of America Corp. strategists.
Blue-chip stocks were on track to slide on Friday as tensions between the U.S. and Iran drove up oil prices, adding to investors’ inflation worries. Dow Jones Industrial Average futures fell 99 points, or 0.2%. Nasdaq 100 futures climbed 0.1%.
Nebius Group NV (NBIS) reports record $582 million in quarterly revenue, with adjusted EBITDA turning positive at $236 million and annualized run rate reaching $3 billion.
JD.com Inc (JD) reports record retail margins and strong free cash flow despite top-line headwinds in Q2 2026.
The producer price index rose 4.7% in July 2025 after a 5.5% annual increase in June.
StoneCo (STNE) delivered earnings and revenue surprises of +2.17% and -2.91%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?
The S&P 500 closed at a record high after soft July producer price data eased fears of a Fed rate hike in September.
The latest jobs report gave Wall Street another reason to bet big on America's largest bank. Shares of JPMorgan Chase & Co. are trading near all-time highs at the time of writing, helping lift the Dow Jones Industrial Average to record levels in August 2026. The Dow 30 bank stock touched ...
Reddit Inc. will join the S&P 500 next week as part of an off-cycle change, S&P Dow Jones Indices said Thursday, sending the social networking platform’s shares surging more than 10% after the bell.
Nu Holdings posted net profit of $1.06 billion for the April-June quarter, a 49% rise year-on-year on a foreign-exchange-neutral basis and above the $967.2 million Visible Alpha estimate. The profit increase was driven by higher revenue and an improvement in risk-adjusted net interest margin, Chief Financial Officer Rob Livingston, who assumed the role last month, told Reuters. Credit portfolio "did slow a little bit sequentially in terms of the growth rate relative to the first quarter," Livingston said, but noted the move came from an unusually strong recent expansion.
Reddit stock jumped late Thursday on news that the social media firm will join the S&P 500 index. Sun Communities will be added to the S&P MidCap 400.
The company, led by Cameron and Tyler Winklevoss, said total revenue for the three months ended June 30 increased 37% to $45.5 million, from $33.3 million during the same period a year ago. Net loss decreased 19% year-over-year to $107.7 million, compared with $133.2 million in the second quarter of 2025.
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