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Why ResMed (RMD) Shares Are Falling Today
StockStory65d agobearish
Why ResMed (RMD) Shares Are Falling Today

Shares of medical device company ResMed (NYSE:RMD) fell 4.5% in the afternoon session after Morgan Stanley downgraded the stock to Equalweight from Overweight and lowered its price target.

Michael Saylor reveals key reason for Bitcoin's crash
TheStreet65d agobearish
Michael Saylor reveals key reason for Bitcoin's crash

Michael Saylor used a high-profile appearance at BTC Prague to address two separate issues at once: criticism over Strategy's (Nasdaq: MSTR) recent Bitcoin sale, and his own theory for why Bitcoin has been lagging this year. Speaking with Natalie Brunell, the Strategy co-founder and executive ...

USA Rare Earth (USAR) Commissions Colorado Facility for Rare Earth Oxide Production
Insider Monkey65d agobearish
USA Rare Earth (USAR) Commissions Colorado Facility for Rare Earth Oxide Production

USA Rare Earth Inc. (NASDAQ:USAR) is one of the best new stocks to buy with the huge upside potential. On June 15, USA Rare Earth commissioned a hydrometallurgical demonstration facility in Wheat Ridge, Colorado, with initial production of separated heavy rare earth oxides targeted for Q3 2026. This milestone positions the company as one of […]

Dow Drops 400 Points, S&P 500 Falls 1% After Fed Meeting Ends
Barrons.com65d agobearish
Dow Drops 400 Points, S&P 500 Falls 1% After Fed Meeting Ends

Stocks fell to session lows after Kevin Warsh wrapped up his first press conference as Fed chairman. The Dow fell 410 points, or 0.8%. The S&P 500 fell 1.1%. The Nasdaq dropped 1%. Warsh signalled big changes could be coming to how the central bank communicates, but he mostly said changes will be made after convening various task forces.

Stocks Fall as Warsh Downplays Market Reaction
Barrons.com65d agobearish
Stocks Fall as Warsh Downplays Market Reaction

Stocks were lower again as Kevin Warsh didn’t seem particularly interested in the market’s reaction to his first press conference as Fed chairman. “This is a lot of change for financial markets to digest,” Warsh said, referring to efforts to reshape the central bank. Warsh said he plans to form task forces to better deliver on the Fed’s goals.

Mizuho sees something in QBTS stock the market is missing
TheStreet65d agobearish
Mizuho sees something in QBTS stock the market is missing

2026 has not been the best year for shares in quantum computing darling D-Wave Quantum’s (QBTS). The company kept posting engineering wins and a fast-growing order book, yet the stock kept sliding, with a year-to-date decline of 14.9% at the time of writing. That disconnect is what Wall Street ...

Fed Projects No Rate Cuts in 2026, Sees Hikes in 2027
Barrons.com65d agobearish
Fed Projects No Rate Cuts in 2026, Sees Hikes in 2027

Fed policymakers now see no interest rate cuts in 2026 after previously projecting one cut for this year back in March. Officials estimate their target range for the federal-funds rate will be 3.8% at the end of 2026, unchanged from its current level, according to the so-called "dot plot" from the Fed's latest Summary of Economic Projections released Wednesday. Notably, nine officials projected the Fed’s benchmark interest rate to be higher than it is today by the end of the year.

Investing.com65d agobearish
Berenberg downgrades Cognizant as AI risks cloud IT services outlook

Investing.com -- Artificial intelligence-driven disruption is increasing pressure on the IT services industry, prompting Berenberg to turn more cautious on the sector as concerns grow over AI-led pricing deflation, uncertain value capture and a lack of near-term catalysts for a valuation recovery.