Category: Include on Menu
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International Paper to Shut Four North American Facilities by Third Quarter of 2026 (IP)
International Paper (NYSE:IP) has announced plans to close four facilities across North America by the end of the third quarter of 2026 as part of efforts to optimise its manufacturing network and improve long-term competitiveness. According to a press release issued on 26 June 2026, the company will discontinue preprint operations at its Richwood, Kentucky…
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TD Cowen Starts Honeywell Aerospace at Hold Ahead of Market Debut
Honeywell Aerospace (NASDAQ:HONAV) is scheduled to begin trading as a standalone public company on Monday, with TD Cowen launching coverage with a Hold rating, citing expectations for more limited earnings leverage than many of its aerospace sector peers. The brokerage assigned the newly listed company a price target of US$250, highlighting concerns that profit growth…
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Morgan Stanley Lifts Tesla Delivery Forecast on Stronger Europe and China Demand (TSLA)
Morgan Stanley has increased its forecast for Tesla’s (NASDAQ:TSLA) second-quarter vehicle deliveries after stronger-than-expected sales trends in Europe and China, although the bank continues to take a cautious view of the company’s energy storage business. The brokerage now expects Tesla to deliver around 413,000 vehicles during the second quarter, up from its previous estimate of…
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GameStop Shares Edge Higher as Company Reaffirms Pursuit of eBay Acquisition (GME)
GameStop (NYSE:GME) shares rose 1.4% in premarket trading to $22.07 after the video game retailer reaffirmed its intention to pursue the proposed acquisition of eBay, despite the online marketplace rejecting its unsolicited takeover approach. In a regulatory filing, GameStop confirmed that it remains committed to its approximately US$56 billion cash-and-stock proposal after eBay turned down…
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Robinhood Shares Gain as June Trading Activity Reaches New Highs (HOOD)
Robinhood Markets (NASDAQ:HOOD) shares rose 1.1% in premarket trading on Monday after the company released preliminary June operating metrics showing record trading activity across several of its key business segments. The brokerage reported a 60% month-on-month increase in event contract volumes, while options trading climbed 38% and equity trading rose 27%. Cryptocurrency activity also strengthened,…
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Oil Holds Steady as U.S.-Iran Truce Eases Immediate Supply Concerns
Oil prices were little changed on Monday after the United States and Iran agreed to suspend recent military operations, reducing short-term concerns over global energy supplies even as exporters in the Middle East continued loading crude oil and liquefied natural gas following new security incidents. The two countries also committed to restarting negotiations over the…
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U.S. Futures Climb as Iran Truce Reports Ease Tensions Ahead of Key Economic Events: Dow Jones, S&P, Nasdaq, Wall Street
U.S. equity futures traded higher early Monday as investors looked ahead to a packed week of economic releases and central bank commentary, while reports that the United States and Iran have agreed to suspend recent military action helped improve market sentiment. Futures Move Higher As of 03:11 ET (07:11 GMT), Dow Jones futures were up…
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JPMorgan Sees Recovery Potential in Consumer Stocks During the Second Half of 2026
Consumer Cyclicals Lag Behind Broader Market Rally JPMorgan believes a number of consumer-focused sectors could be positioned for a stronger second half of 2026 after a prolonged period of underperformance. According to strategist Mislav Matejka, consumer cyclicals have been one of the few major market segments to miss out on this year’s rally. While banks…
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Gold Miners Offer Value Despite Near-Term Pressure on Bullion, Says BofA
Gold Faces Headwinds from Fed Policy and Stronger Dollar Bank of America believes gold mining stocks remain attractively priced, even as gold itself contends with short-term challenges stemming from tighter U.S. monetary policy and a firmer dollar. The bank noted that many gold equities are currently valued as if the metal were trading significantly below…
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Goldman Expects Inflation to Ease in 2027 as AI and Energy Pressures Recede
Goldman Sachs believes U.S. inflation will remain relatively elevated through the end of 2026 before slowing considerably in 2027 as the impact of artificial intelligence-related pricing distortions and energy-driven inflation gradually fades. Analyst Manuel Abecasis forecasts core Personal Consumption Expenditures (PCE) inflation will reach 3.2% year-over-year by December 2026 before easing to 2.2% by the…