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A number of stocks jumped in the afternoon session after the broader financial sector rallied sharply, lifting regional bank names alongside their larger peers.
Teekay Tankers earns its profits by transporting oil around the world rather than selling it. While high tanker rates are boosting results right now, investors should focus on how Teekay manages its cash before the market slows down.
A number of stocks jumped in the afternoon session after the broader financial sector rallied sharply, lifting regional bank names alongside their larger peers.
ONE Gas, Inc. (NYSE:OGS) is included among the 10 Oversold Dividend Growth Stocks to Buy. On May 21, Morgan Stanley lowered its price recommendation on ONE Gas, Inc. (NYSE:OGS) to $82 from $86. It reiterated an Equal Weight rating on the shares. The adjustment came as part of the firm’s update to price targets for […]
American stock futures edged lower after a revenue miss and weaker-than-expected outlook from Broadcom sparked concerns about the semiconductor sector's ongoing rally.
S&P Dow Jones is considering altering its index admission policy to fast-track their entries.
From fast food to fine dining, restaurants play a vital societal role. But the side dish is that they’re quite difficult to operate because high inventory and labor costs generally lead to thin margins at the store level. This leaves little room for error if demand dries up, and it seems like the market has some reservations as the industry has tumbled by 5.6% over the past six months. This drop is a noticeable divergence from the S&P 500’s 11% return.
S&P Dow Jones Indices said Thursday it won't fast-track the inclusion of SpaceX and this year's other giant IPOs into the S&P 500. Rules governing the benchmark stock index require newly listed companies to trade on an exchange for at least a year and to show a track record of liquidity and profitability before they become eligible for inclusion. The committee that oversees the index had considered waiving those requirements to speed the inclusion of SpaceX, OpenAI and other so-called megacap companies that could go public as soon as this year.
The Dow jumped at the open and held its gains for the entire session, closing up 875 points, or 1.7%. Artificial intelligence continues to whipsaw tech stocks, with huge up days followed by significant declines. Tech stocks are so valuable that they move the broader indexes no matter what’s happening elsewhere.
It's testing a new, blockchain-based method of settling transactions.
By Pritam Biswas and Noel Randewich June 4 (Reuters) - S&P Global said on Thursday it was not changing the requirements for entry into its major indices, dealing a setback to Elon Musk's SpaceX by
LGI Homes has been treading water for the past six months, recording a small loss of 4.7% while holding steady at $48.22. The stock also fell short of the S&P 500’s 11% gain during that period.
Nvidia currently trades at $214.30 and has been a dream stock for shareholders. It’s returned 1,119% since June 2021, blowing past the S&P 500’s 79.7% gain. The company has also beaten the index over the past six months as its stock price is up 16.9% thanks to its solid quarterly results.
The S&P said Thursday that it's not changing its rules to fast-track mega-cap IPOs onto its marquee stock index, the S&P 500.Why it matters: S&P's decision doesn't mention SpaceX, but it means that Elon Musk's company — as well as Anthropic and OpenAI, if they go public as expected — won't be making it into the index for at least a year.And it's a surprise, coming after other major indexes drew fire for changing their rules to more quickly accommodate Elon Musk's company.The big picture: Million
US stock futures mostly fell in the wait for the release of the May jobs report.
US stock futures mostly fell in the wait for the release of the May jobs report.
Over the past six months, Manhattan Associates’s stock price fell to $150.36. Shareholders have lost 15.8% of their capital, which is disappointing considering the S&P 500 has climbed by 11%. This might have investors contemplating their next move.
S&P Dow Jones Indices rejected calls to fast track SpaceX and other upcoming megacap IPOs such as Anthropic and OpenAI into the S&P 500 index.
(Bloomberg) -- S&P Dow Jones Indices will keep its existing eligibility requirements for main benchmarks like the S&P 500 Index, rejecting proposals that would have made it faster for mega-cap companies such as Elon Musk’s SpaceX to gain rapid entry into the benchmark after going public.Most Read from BloombergGlazer Family Members Study Manchester United Stake SaleRepublican-Led House Votes to Stop Iran War, Rebuking TrumpDow Average Hits Peak as Old-School Stocks Beat AI: Markets WrapTrump Beg
These IPOs represent brand new AI investment opportunities.
<body><p>STORY: U.S. stocks mostly gained ground Thursday as progress toward ending the Iran war buoyed investor sentiment.</p><p>The Dow rose 1.7% and notched another record closing high, the S&P 500 added four-tenths of one percent, while the Nasdaq fell a hair.</p><p>Broadcom contributed to the index’s lackluster day. Its shares declined 12.5% after the chip company issued disappointing results. </p><p>:: Archive</p><p>Anna Rathbun, founder and CEO of Grenadilla Advisory, said the changing business conditions discussed by Broadcom on its earnings call could be a warning sign for other AI companies.</p><p>“The traders, the investors and the markets are anticipating potentially falling margins in the future because of the shift in Broadcom's business. Now this actually has implications for rest of AI, right? Because number one, everybody's moving to AI and the costs are definitely going up of raw materials and partnerships, etc. And unless you can pass that down to your customer, at this point they can because the demand is high. At some point they won't be able to. And that means margin pressure. So the markets may be looking at that as a canary in the coal mine. “</p><p>The U.S. House of Representatives passed a measure on Wednesday that would block President Donald Trump from continuing the war on Iran.</p><p>Additionally, a U.S.-mediated ceasefire agreement between Israel and Lebanon, an essential condition of an Iranian agreement to a peace deal, bolstered optimism of a near-term resolution to the war. </p><p>But the truce was rejected by the pro-Iran Hezbollah, which said it would not withdraw troops from Lebanon.</p><p>Other stocks on the move included UnitedHealth which advanced 5% after Bank of America raised its rating on the healthcare conglomerate's shares to "buy."</p><p>And Pinterest climbed about four and a half percent after announcing it would spend $4 billion to strengthen a long-term partnership with Amazon.</p></body>
Investors in Micron Technology (MU) stock have laughed all the way to the bank over the past year, especially those who bought into the AI memory story early. Putting the rally in context, Micron stock has gained almost 100% in the past month alone and over 350% over the past six months, ...
Today, June 4, 2026, a fresh $1 billion buyback pits Nu’s record growth against mounting governance and credit worries.
Consumer discretionary businesses are levered to the highs and lows of economic cycles. Unfortunately, the industry’s recent performance suggests demand may be slowing as discretionary stocks were flat over the past six months while the S&P 500 gained 11%.
Comcast’s multibillion-dollar U.K. resort bet and fresh debt tenders are reshaping its capital playbook, today, June 4, 2026.
Software is rapidly reducing operating expenses for businesses. In the past, the undeniable tailwinds fueling SaaS companies led to lofty valuation multiples that made it easier to raise capital. But this was a double-edged sword as the high prices exposed them to big drawdowns, and unfortunately, the industry has tumbled by 7.1% over the last six months. This drawdown is a stark contrast from the S&P 500’s 11% gain.
Compare how these two 2024-launched funds offer distinct exposure to leading cryptocurrencies, each with unique risk and return profiles for investors.
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