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Citi revisits Broadcom stock price target after post-earnings selloff
TheStreet78d agobearish
Citi revisits Broadcom stock price target after post-earnings selloff

Broadcom (AVGO) shares fell 12.6% on June 4 after the chipmaker delivered quarterly results that largely matched Wall Street expectations but failed to provide the AI revenue boost some investors were hoping for. The company reported fiscal second-quarter adjusted earnings of $2.44 a share on ...

Stock Indexes Plunge as Tech Stocks Get Dumped
Barchart78d agobearish
Stock Indexes Plunge as Tech Stocks Get Dumped

The S&P 500 Index ($SPX ) (SPY ) today is down -1.00%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.26%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -2.08%. June E-mini S&P futures (ESM26 ) are down -1.11%, and June E-mini Nasdaq futures...

Investing.com78d agobearish
OPEC crude output drops to lowest level in 37 years

Investing.com -- OPEC crude production fell in May to its lowest level in at least 37 years as a US blockade of Iran and disruptions in the Persian Gulf continued to limit output, according to a Bloomberg survey released Friday.

A Look At Capital One Financial (COF) Valuation After Q1 2026 Miss And Post Discover Integration Updates
Simply Wall St.78d agobearish
A Look At Capital One Financial (COF) Valuation After Q1 2026 Miss And Post Discover Integration Updates

Capital One Financial (COF) has filed a shelf registration for US$609.2 million in common shares linked to an employee stock ownership plan, as investors reassess the stock following recent earnings and strategic updates. See our latest analysis for Capital One Financial. At a share price of US$183.20, Capital One Financial has seen short term pressure, with the share price return down 26.11% year to date, while the 3 year total shareholder return of 72.22% reflects much stronger long term...

Opendoor’s AI Speed-Up And Russell 3000 Entry Might Change The Case For Investing In OPEN
Simply Wall St.78d agobearish
Opendoor’s AI Speed-Up And Russell 3000 Entry Might Change The Case For Investing In OPEN

Opendoor Technologies recently reported a Q1 revenue beat but wider loss, while accelerating its AI-driven home flipping and cutting the share of properties held over 120 days in a still-weak U.S. housing market. The company’s upcoming addition to the Russell 3000 Index on 26 June 2026, alongside heavy options activity, is drawing heightened attention to its turnaround plan and liquidity position. We’ll now examine how Opendoor’s index inclusion and AI-enabled push toward faster, breakeven...

Jim Cramer Believes Mcdonald’s Quarter Miss Is Not Going to Happen Again
Insider Monkey78d agobearish
Jim Cramer Believes Mcdonald’s Quarter Miss Is Not Going to Happen Again

McDonald’s Corporation (NYSE:MCD) was among Jim Cramer’s stock calls on Mad Money, as he highlighted several opportunities in out-of-favor sectors. Cramer mentioned the company during the episode and said: Got two fast food companies that are down on their luck that we all know, McDonald’s and Yum! Brands. The former missed the quarter, something that’s […]

Nasdaq, S&P 500 Drop Again. The Dow Is Down, Too.
Barrons.com78d agobearish
Nasdaq, S&P 500 Drop Again. The Dow Is Down, Too.

The Nasdaq fell again Friday amid ongoing struggles for AI stocks in the wake of Broadcom’s earnings earlier this week and ongoing concerns about spending among tech firms. The S&P 500 dropped 0.8%. The Dow fell 125 points, or 0.2%.

BitMine Slides 5%, Strategy Falls 4% as Crypto Crash Deepens on Ethereum’s 7% Plunge
24/7 Wall St.78d agobearish
BitMine Slides 5%, Strategy Falls 4% as Crypto Crash Deepens on Ethereum’s 7% Plunge

Shares of Bitmine Immersion Technologies (NYSE:BMNR) are down 5% to $16.91 in early Friday trading, while Strategy (NASDAQ:MSTR) is off 4% to $124.38. The slide tracks a fresh leg lower in crypto. Ethereum (CRYPTO:ETH) is down 7% over the past 24 hours to $1,665, dragging BMNR stock with it as the largest corporate ETH holder. ... BitMine Slides 5%, Strategy Falls 4% as Crypto Crash Deepens on Ethereum’s 7% Plunge

SoFi Scrutiny Grows As Legal Probe And Short Seller Claims Hit Valuation
Simply Wall St.78d agobearish
SoFi Scrutiny Grows As Legal Probe And Short Seller Claims Hit Valuation

Block & Leviton launched a class-action investigation into SoFi Technologies (NasdaqGS:SOFI) after a sharp share price decline following its Q1 results. Short seller Muddy Waters released a report accusing SoFi of aggressive or improper financial reporting practices. The allegations and legal action have increased regulatory attention, volatility in the stock, and headline risk for the company. SoFi Technologies operates as a digital financial services company, offering products such as...

Texas Probe Puts Celsius Holdings Valuation And Risk Under The Microscope
Simply Wall St.78d agobearish
Texas Probe Puts Celsius Holdings Valuation And Risk Under The Microscope

The Texas Attorney General has opened a formal investigation into Celsius Holdings and its Alani Nu subsidiary over alleged deceptive marketing of high-caffeine energy drinks to minors. The probe focuses on whether Alani Nu products were promoted in ways that targeted children and teenagers despite caffeine content and health warnings. The investigation follows a related lawsuit alleging harm to a minor, putting marketing practices and consumer safety claims under renewed scrutiny. Celsius...