Category: Stock News

Goldman Sachs cuts its 2027 Brent forecast to $80 a barrel, citing stronger supply growth and weaker demand as oil market risks build.

Oil prices fell as Trump reportedly canceled planned strikes on Iran, easing escalation fears and adding pressure to crude benchmarks.

Super Micro Computer fell after a dilutive $5.5 billion equity offering, even as AI server orders surged to $39 billion from 20 customers.

Adobe beat second-quarter revenue estimates, but investors reacted to CFO Dan Durn’s departure announced for June 15.

Micron stock climbed as AI-driven memory demand and rising analyst price targets lifted sentiment, following a sharp five-day pullback.

SpaceX is said to be trimming its retail IPO allocation to the low 20% range, a move that could shape access for individual investors.

SanDisk jumped 14% and Western Digital rose 6% as memory stocks rebounded after SK Hynix’s capacity plan, lifting the storage sector.

Eli Lilly and Novo Nordisk face a sharper obesity drug rivalry after Q1 results, with investors watching sales momentum and market share.

Broadcom’s selloff shows how AI stocks can fall even after strong results, as investors demand more than just a beat now.

SpaceX’s IPO will test how Wall Street prices strategic tech as the company begins trading under ticker SPCX on Friday.

Oracle won a $395.8 million OPM contract to build the federal government’s first governmentwide HR platform and replace more than 100 systems.

Oracle stock is tumbling after a cloud revenue miss and costly AI data center plans, renewing debate over spending and growth returns.

SpaceX’s possible IPO is drawing investor attention as Elon Musk’s company nears a potential public debut and raises key questions for markets.

Western Digital stock has surged 185% year to date as AI-driven storage demand, pricing gains and HDD focus support growth prospects.

GSK’s $10.6 billion acquisition of Nuvalent highlights renewed biotech M&A activity and the strategic value of mid-cap oncology assets.

SpaceX’s IPO has drawn $70 billion in retail orders, and many individual investors may still be left on the sidelines, according to a report.

Wholesale inflation rose 6.5% year over year, raising questions about interest rates and market expectations for U.S. inflation.

Oracle shares fell after guidance pointed to higher FY27 capex, while management kept a $90B revenue outlook and raised adjusted EPS guidance.

Nvidia, AMD and Arm rallied after Bank of America highlighted agentic AI as a potential $170 billion opportunity for chipmakers.

Intel jumped 8% and AMD rose 4% after Bank of America cited a $170 billion server CPU market, lifting semiconductor demand hopes.

GLP-1 weight-loss drugs are shrinking fast food demand, and investors may be overlooking the pressure on restaurant stocks and growth.

OPEC lowered its oil-demand forecast for this year as Gulf supply disruptions from Iran and the Strait of Hormuz weigh on production.

The ECB raised interest rates for the first time since 2023 as Iran war-driven energy costs added fresh pressure to inflation and markets.

SpaceX’s IPO is testing market appetite and investor confidence in Elon Musk, highlighting valuation, governance, and sentiment risks.