Category: Top Story
-
SpaceX Faces Delay to S&P 500 Inclusion After Index Provider Keeps Existing Criteria (SPCX)
S&P Global has decided against modifying the eligibility standards for its flagship stock market indices, a move that effectively prevents SpaceX (NASDAQ:SPCX) from gaining rapid entry into the benchmark S&P 500 despite the company’s anticipated blockbuster public offering. The decision represents a setback for Elon Musk’s aerospace group, which had been expected to challenge conventional…
-
Wall Street Futures Ease as Hezbollah Rejects Ceasefire and Investors Await U.S. Jobs Data: Dow Jones, S&P, Nasdaq
U.S. equity futures traded lower on Friday as investors assessed renewed geopolitical tensions in the Middle East and prepared for the release of closely watched U.S. employment figures. The latest developments have weakened expectations for a near-term resolution to the conflict involving Iran and added another layer of uncertainty to global markets. At the same…
-
Is MOBX The Next Big Domestic Defense Play? Inside Mobix Labs’ Move to Acquire U.S. Drone Maker Vision Aerial
If you’ve been keeping an eye on small-cap tech and defense stocks, you probably noticed Mobix Labs (NASDAQ:MOBX) popping hard on the charts today. Shares surged following a major premarket announcement: the connectivity and semiconductor company has signed a binding Letter of Intent (LOI) to acquire Vision Aerial, Inc., a rugged, American-built drone manufacturer. For…
-
Dow Surges to Record Close as Investors Rotate Out of Chips and Into Health Care, Financials
U.S. stocks finished sharply divided on Thursday as investors dumped semiconductor names following a disappointing earnings report from Broadcom and piled into health care, financials, and other non-tech sectors. The Dow Jones Industrial Average surged to a fresh all-time high, while the Nasdaq Composite slipped as the rotation away from artificial intelligence trades picked up…
-
Weight Watchers Expands Reach Through LillyDirect Partnership (WW)
WW International (NASDAQ:WW) has integrated its Weight Watchers Med+ offering with Eli Lilly’s (NYSE:LLY) LillyDirect healthcare platform, broadening access to its clinical weight management services for patients using or considering prescription obesity treatments. The collaboration connects LillyDirect users with Weight Watchers’ program, which combines GLP-1 medications with behavioral, nutritional and lifestyle support. Med+ Program Added…
-
Broadcom Selloff Points to Weak Start for Wall Street: Dow Jones, S&P, Nasdaq, Futures
U.S. stock futures indicated a softer opening on Thursday, suggesting Wall Street could extend the previous session’s losses as investors react to a sharp decline in Broadcom shares and continue to monitor developments in the Middle East. Technology stocks appeared set to lead the retreat, with Nasdaq 100 futures falling 1.2% ahead of the opening…
-
Meta Pushes Back Developer Release of New AI Model Amid Ongoing Testing (META)
Meta Platforms (NASDAQ:META) has reportedly postponed the release of its latest artificial intelligence model to external developers several times, according to a report from The Wall Street Journal, raising questions about the timing of the company’s next major AI rollout. The report said the delay has now extended to nearly two months after Meta’s head…
-
Broadcom Shares Slide as Revenue Miss and AI Outlook Disappoint Investors (AVGO)
Broadcom (NASDAQ:AVGO) came under pressure in after-hours trading after reporting second-quarter results that fell slightly short of Wall Street expectations and maintaining its long-term artificial intelligence revenue targets rather than raising them. The semiconductor group reported second-quarter revenue of $22.19 billion, marginally below analysts’ consensus forecast of $22.27 billion. The results arrive as Broadcom continues…
-
U.S. Futures Mixed as Middle East Diplomacy, Broadcom Earnings and SpaceX IPO Capture Investor Attention: Dow Jones, S&P, Nasdaq, Wall Street
U.S. equity futures traded in mixed territory on Thursday as investors balanced renewed diplomatic developments in the Middle East against corporate news from major technology companies and the upcoming public debut of SpaceX. By 03:32 ET, Dow Jones futures were up 122 points, or 0.2%, while S&P 500 futures slipped 0.2% and Nasdaq 100 futures…
-
Guardian Metal Resources Expands Pilot Mountain Footprint With Discovery of New Tungsten Target (GMTL)
Guardian Metal Resources (AMEX:GMTL) (USOTC:GMTLF) (LSE:GMET) has identified a previously unrecognised tungsten-bearing zone at its wholly owned Pilot Mountain project in Nevada, adding a new area of mineralisation outside the project’s existing resource base. The newly named Tremor Zone was encountered during condemnation drilling carried out to support infrastructure planning for Pilot Mountain’s ongoing pre-feasibility…