Equity News

Retail sentiment improved. Stocktwits data showed traders continued to maintain a ‘bullish’ stance on SPY and QQQ.

Bank of America slashed its price target on CPB from $20 to $18.

Morningstar called AVGO one of its top tech picks, forecasting nearly $200 billion in AI revenue by fiscal 2028.

Despite strong cash reserves, Archer faces rising losses and increasing investor skepticism.

MANGOS typically refers to artificial intelligence leaders such as Meta, Anthropic, Nvidia, Google, OpenAI, and SpaceX.

Morningstar said SpaceX's bull-case "Moonshot" scenario, involving successful orbital data centers and AI satellites, has only a 7% chance of materializing.

The firm sees both companies as attractive opportunities, supported by government funding, partnerships and expanding commercial progress.

Nio rejected the Pentagon's designation as a 'Chinese military company,' calling it 'unjustified.'

In an exclusive interview with Stocktwits, CEO Thomas Healy said that Hyliion’s KARNO technology would have lower cost and lower maintenance, making it cheaper than grid electricity and even Bloom Energy’s fuel-cell systems.

Barclays cut its ASTS price target to $60 from $65, citing launch delays and an unattractive risk-reward profile.

Rumble’s Northern Data acquisition is expected to be finalized in mid-June.

Keefe Bruyette says premium pricing and margin protection offer a better long-term path than high-volume growth.

Oracle is slated to report its fourth-quarter results after the markets close on Wednesday.

Bank of America’s year-end target for the S&P 500 is 7,100, while Citi has raised the year-end target to 8,100 from 7,700.

The cannabis ETF has surged 104% over the past year, outperforming both the North American Marijuana Index and the S&P 500.

Trade Desk, Intuit, and Lucid Group fell to fresh 52-week lows on Monday due to a combination of operational concerns, negative sentiment, and ongoing market uncertainty.

Apple drew investor interest with a major AI update, Oscar Health reaffirmed its outlook, and Eli Lilly further strengthened its position in the weight-loss drug market.

FuelCell Energy reported a wider-than-expected quarterly loss of $1.45 per share and a 5% decline in revenue to $35.6 million.

Despite ACA market challenges and exits by Cigna and Aetna, Oscar sees competitor withdrawals as a potential opportunity for growth in 2027.

Unusually poor winter weather weighed on Vail Resorts’ skier traffic, leading to lower revenue.

While Iran and Israel have agreed to halt attacks against each other, the ceasefire between the U.S. and Tehran remains uncertain.

Investors are awaiting multiple Phase 3 readouts in the second half of the year, including Vela, Izar and Vela-Teen trial results.

The rapid expansion of artificial intelligence infrastructure is permanently altering how Wall Street values semiconductor companies like Micron Technology, Roundhill CEO said in an interview.

The deal was recorded on June 5 in Maricopa County official records and reported by TechCrunch.

Cathie Wood experienced an unsupervised Tesla Robotaxi ride in Austin on Monday and immediately added a new cost line item to ARK Invest’s valuation model after the vehicle received a $75 parking ticket.

Trump reportedly told Netanyahu to refrain from retaliating against Iran’s missile attack, warning Israel to step back as diplomacy with Tehran approaches a critical moment.

Iran and Israel to pause strikes but warn of retaliation if ceasefire breached.

The index provider said Sirius XM will take Masimo’s (MASI) slot in the benchmark effective prior to the market open on Thursday, June 11.

Munster believes SpaceX’s growth story and market positioning outweigh near-term concerns surrounding the offering.

Applied Digital announced that it has expanded its AI data center footprint with a $5.2B lease at Delta Forge 2 campus.

Lilly’s Foundayo outperformed existing treatments on blood sugar control and weight loss in type 2 diabetes patients in three late-stage trials.

OpenAI said in a statement that it has confidentially filed its draft S-1 document with the SEC.

Gene Munster on X, formerly known as Twitter, said AAPL stock is falling because Apple hasn’t given any timeline on the new Siri features.

The company is reportedly offering concessions to California regulators as scrutiny builds around its proposed acquisition of Warner Bros. Discovery.

Eisman on Monday expressed skepticism about SpaceX potentially merging with EV Giant Tesla Inc (TSLA), highlighting the latter company’s many challenges.

Rising energy prices driven by Middle East tensions pushed U.S. airlines’ April 2026 fuel costs sharply higher, even as carriers used less fuel overall.

Wedbush analyst Dan Ives says Apple is finally entering the AI game in a meaningful way, creating a new path for services growth that could drive further upside for the stock.

AmpliTech said its networking solution successfully demonstrated interoperability with equipment from multiple vendors in live testing environments at a key tech event.

Zevra said in a statement that it has asked the U.S. Food and Drug Administration to add its new patent for its drug MIPLYFFA to its official list.

The U.S. Department of Defense has officially designated major Chinese conglomerates, including Alibaba, Baidu and BYD, as entities aiding the Chinese military, a move that restricts them from receiving Pentagon contracts.

Tango Therapeutics’ experimental cancer drug Vopimetostat, in combination with Daraxonrasib, achieved a 92% objective response rate in patients with advanced pancreatic cancer.

Wix stated that it has reduced its revenue expectations by $25 million and expects about a $50 million reduction in bookings for 2026.

Bybit launched IPO Express on Monday, offering tokenized SPACZZX at a $135 indicative price, a separate instrument from PreStocks.

The commentary comes amid a broader rally in semiconductor and memory names, fueled by a media report that Intel received a substantial chip order from Google.

Galaxy Digital surged on Monday as Chairman Mike Novogratz detailed a 1.6-gigawatt Texas data-center buildout, drawing cheers from retail traders.

Inno Holdings announced a $3 million agreement with a Hong Kong-based AI services provider to develop an AI-powered sales platform for its used-mobile-phone business.

Bending Spoons announced last year that it had agreed to acquire AOL from Apollo.

BitMine funds the buying through equity raises, not cash flow, recently pricing an upsized preferred stock offering.

Raytheon stated that it would boost its radar testing by increasing capacity and accelerating Patriot GEM-T subcomponent production to meet growing global demand.

Wolfspeed signed a memorandum of understanding with GE to drive the adoption of high-voltage silicon carbide across industrial, aerospace, and defense markets.