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News Archive

June 29, 2026Connected
294 storiesLast updated: 11:03:18 AMPage 4 of 5

Stocks

StocksBearish

MCI Premium Decline Raises Distribution Cut Risk as Coverage Weakens After Fed Rate Cuts

Key Facts

  • •MCI's distribution yield is 9.01% but coverage slipped as Fed rate cuts reduced portfolio income, raising risk of a payout cut.
  • •Recent premium declines in MCI have pressured share price returns.
Impact:
5/10
MCI
3 months ago

Commodities

CommoditiesBearishUpdated

Russia Adds New LNG Tanker to Dark Fleet as Arctic LNG 2 Exports Rise

Key Facts

  • •Reuters reported that the newly flagged Russian tanker Arctic Express loaded a cargo of LNG from a floating storage facility used by the U.S.-sanctioned Arctic LNG 2 project.
  • •The 19-year-old vessel, previously named Queen Cassiopeia and flagged in Sierra Leone, had its ownership transferred to St. Petersburg-based SMP Techmanagement LLC.
Impact:
5/10
3 months ago

Mergers & Acquisitions

Mergers & AcquisitionsBullishUpdated

B. Riley Reiterates Buy on Zymeworks After $929M Theravance Acquisition

Key Facts

  • •Zymeworks announced the acquisition of Theravance Biopharma for approximately $929 million in equity.
  • •The acquisition includes Theravance's YUPELRI product and is expected to close in the second half of 2026.
Impact:
5/10
ZYME
4 months ago

Bonds

BondsNeutralUpdated

Ethiopia Reaches Deal to Cut Payments on $1 Billion Bond

Key Facts

  • •Ethiopia has reached an agreement with bondholders to cut payments on its $1 billion bond.
  • •This agreement follows $8 billion in debt relief from official creditors in recent years.
Impact:
5/10
4 months ago
BondsNeutral

Morgan Stanley Private Credit Fund Plans $350M Debt Offering

Key Facts

  • •Morgan Stanley Direct Lending Fund plans to raise $350 million via five-year notes at a spread of approximately 245 basis points over Treasuries.
Impact:
4/10
MS
4 months ago

Central Banks

Central BanksBearishUpdated

Former Fed Colleague Says Warsh May Have No Choice But to Raise Rates

Key Facts

  • •Esther George, a former Fed colleague of Kevin Warsh, said he may have no choice but to raise rates.
Impact:
5/10
4 months ago

Crypto

CryptoNeutral

Loopring zkRollup project shuts down DEX, plans to return user funds

Key Facts

  • •Loopring plans to return all remaining user funds through a smart contract upgrade, without requiring users to cover transaction costs.
Impact:
4/10
ETH
4 months ago
CryptoBullish

Gibraltar regulator approves Bullish for tokenized securities trading

Key Facts

  • •Bullish (NYSE: BLSH) received approval from the Gibraltar Financial Services Commission to offer trading in tokenized securities.
Impact:
4/10
BLSH
4 months ago

Geopolitics

GeopoliticsNeutral

Trump envoys Kushner and Witkoff to travel to Doha for Iran meeting

Key Facts

  • •The U.S. announced that Trump envoys Jared Kushner and Steve Witkoff will travel to Doha for a meeting with Iran.
Impact:
4/10
4 months ago

Forex

ForexBearish

Indian rupee eases on tepid local stocks

Key Facts

  • •The Indian rupee eased on Monday as tepid local stocks offset support from stronger Asian peers.
Impact:
4/10
4 months ago

Macro Economy

Macro EconomyNeutral

Argentina warns Venezuela: IMF backing essential for debt restructuring

Key Facts

  • •Argentina warns Venezuela that it must secure IMF backing to restructure its debt and rebuild investor confidence.
Impact:
4/10
4 months ago
294 stories this day
StocksMixed

Record divergence between semiconductors and Magnificent Seven sparks market concerns

Key Facts

  • •Semiconductor stocks have surged more than 80% year-to-date driven by AI demand from the 'Magnificent Seven,' while those same companies are in correction territory.
Impact:
5/10
3 months ago
StocksBullishUpdated×2

AST SpaceMobile Jumps 21% on BlueBird Momentum, August Launch Window

Key Facts

  • •AST SpaceMobile confirmed its three newest BlueBird satellites are operational in orbit after their June 17 SpaceX launch.
  • •The company announced a joint venture with Rakuten to provide direct-to-phone satellite service in Japan.
  • •Production is already underway on BlueBird 37, indicating fleet expansion.
Impact:
5/10
ASTS
3 months ago
StocksBullishUpdated

TORM Gets Buy Rating on Rare Discount to Net Asset Value

Key Facts

  • •TORM shares trade at a rare discount to NAV amid strong cash generation.
  • •Oaktree reduced its stake in the company, putting pressure on the stock.
  • •Uncertainty around the Strait of Hormuz pressured the stock, but normalization of transits could sustain rates.
Impact:
5/10
TRMD
4 months ago
StocksBullishUpdated

ZIM shares rise after Maersk improves outlook

Key Facts

  • •ZIM Integrated Shipping Services shares rose after Maersk improved its financial outlook.
Impact:
5/10
ZIM
4 months ago
StocksBullishUpdated

JETS ETF Breaks Above Pre-COVID Highs for First Time in Six Years on Falling Oil

Key Facts

  • •The JETS ETF exceeded its pre-COVID highs for the first time, driven by falling oil prices, disciplined capacity, and resilient travel demand.
Impact:
5/10
JETS
4 months ago
StocksNeutral

Levi Strauss Q2 Earnings Preview: July 8, EPS $0.24, Revenue $1.52B

Key Facts

  • •Levi Strauss & Co. will release its Q2 fiscal 2026 earnings on July 8, with consensus estimates of $0.24 EPS and $1.52 billion in revenue.
Impact:
4/10
LEVI
4 months ago
StocksBullish

Kopin Secures Orders for Drone Viewer from Defense Customers

Key Facts

  • •Kopin Corporation has secured multiple orders for its Sentinel First Person Viewer product from defense customers participating in the U.S. Government's Drone Dominance Program.
Impact:
4/10
KOPN
4 months ago
StocksNeutral

S&P 500 Earnings Estimates Keep Rising, but Pace Raises Concerns

Key Facts

  • •The forward 4-quarter S&P 500 EPS estimate rose to $353.22 from $352.62 last week.
  • •Q1 2026 expected EPS growth rate doubled from +14.4% on April 3 to +29.4% by late June.
Impact:
4/10
4 months ago
StocksBearish

CVS Health Downgraded to Hold Despite Strong Q1 Results

Key Facts

  • •Wall Street Zen downgraded CVS Health stock from buy to hold.
  • •CVS Health reported Q1 results that beat earnings and revenue expectations.
Impact:
4/10
CVS
4 months ago
StocksNeutral

Momenta aims to raise up to $751 million in Hong Kong IPO for autonomous driving R&D

Key Facts

  • •Momenta is seeking up to $751 million in a Hong Kong initial public offering to fund autonomous driving research and development.
Impact:
4/10
4 months ago
StocksMixed

Costco Added, Applied Materials Removed From Russell 1000 Value Benchmark

Key Facts

  • •Costco Wholesale Corporation (COST) has been added to the Russell 1000 Value Benchmark.
  • •Applied Materials, Inc. (AMAT) has been removed from the Russell 1000 Value Benchmark.
Impact:
4/10
COSTAMAT
4 months ago
StocksBullish

Nasdaq Set to Break Losing Streak as Oil Rises on Mideast Tensions

Key Facts

  • •Nasdaq is poised to break its losing streak.
  • •Oil ticks up after Mideast weekend flare-up.
Impact:
4/10
4 months ago
StocksBullish

Genedrive shares jump 8% on Thermo Fisher pharmacogenetic testing deal

Key Facts

  • •Genedrive PLC signed a collaboration agreement with Thermo Fisher Scientific to develop a high-throughput pharmacogenetic test.
  • •Genedrive shares rose 8% to 1.4 pence following the announcement.
Impact:
4/10
GDRTMO
4 months ago
StocksBearish

INVO Fertility Stock Retreats After Doubling on Acquisition and Nasdaq Compliance

Key Facts

  • •INVO Fertility shares pulled back after doubling on news of acquiring a Birmingham clinic and resolving a Nasdaq compliance issue.
Impact:
4/10
IVF
4 months ago
StocksBullish

Vox Royalty Highlights Los Filos Gold Exposure After Equinox Land Deal

Key Facts

  • •Vox Royalty provided an update on its gold offtake-stream exposure over the Los Filos gold mine in Mexico.
  • •Equinox Gold signed 20-year land access agreements with the three communities hosting Los Filos operations.
Impact:
4/10
VOXR
4 months ago
StocksBullish

TD Cowen Lifts Phillips 66 Price Target to $220, Sees 25% Upside

Key Facts

  • •TD Cowen raised its price target for Phillips 66 (PSX) to $220 from $213, maintaining a 'buy' rating and indicating a potential 25% upside.
Impact:
4/10
PSX
4 months ago
StocksBullish

Charter Communications tops S&P 500 on internet provider shift speculation

Key Facts

  • •Charter Communications stock rose to the top of the S&P 500 amid speculation of changes in U.S. internet providers involving SpaceX and Comcast.
Impact:
4/10
CHTR
4 months ago
StocksBullish

Analysts Issue Buy Ratings for Applied Aerospace After Weak IPO

Key Facts

  • •Wall Street analysts initiated coverage of Applied Aerospace & Defense stock with mostly Buy ratings after a lackluster IPO.
Impact:
4/10
4 months ago
StocksBullish

Alto Ingredients Added to Russell 2000 and 3000 Indexes

Key Facts

  • •Alto Ingredients announced its addition to the Russell 2000 and Russell 3000 indexes effective after the close on June 26, 2026.
Impact:
4/10
ALTO
4 months ago
StocksBearish

BitMine buys 27,084 ETH, BMNR stock slumps to multi-month lows

Key Facts

  • •BitMine purchased 27,084 ETH, bringing its holdings to 4.7% of total supply.
  • •BMNR stock hits multi-month lows despite joining the Russell 1000 index.
Impact:
4/10
BMNRETH
4 months ago
StocksNeutral

Monarch Casino Q2 Preview: Strong Trends Point to Potential Earnings Beat

Key Facts

  • •Monarch Casino & Resorts is rated as a 'Hold' with a strong balance sheet enabling flexibility for M&A or shareholder returns.
  • •Recent traffic and GGR trends in Reno and Black Hawk suggest a strong upcoming quarter with potential revenue and EPS beats.
Impact:
4/10
MCRI
4 months ago
StocksBullish

NetEase shares rise after Shanghai Stock Connect inclusion

Key Facts

  • •NetEase shares rose after its inclusion in the Shanghai Stock Connect program.
Impact:
4/10
NTES9999.HK
4 months ago
StocksNeutral

Russell 1000 Growth Rebalance: eBay Added, Copart Dropped

Key Facts

  • •eBay Inc. was added to the Russell 1000 Growth benchmark during the annual reconstitution.
  • •Copart Inc. was dropped from the Russell 1000 Growth benchmark.
Impact:
4/10
EBAYCPRT
4 months ago
StocksBullish

Bloom Energy and Credo Drop on Russell 2000 Removal, Creating Tactical Buying Opportunity

Key Facts

  • •Bloom Energy and Credo Technology shares dropped sharply after removal from the Russell 2000, creating a tactical buying opportunity.
Impact:
4/10
BECRDO
4 months ago
StocksNeutral

Progress Software Q2 Earnings Preview: Growth Expected Amid Stock Rally

Key Facts

  • •Analysts expect earnings per share of $1.49 for Q2 2026, up from $1.40 a year ago.
  • •Revenue estimate for the quarter is $242.74 million, up from $237.35 million last year.
  • •The stock surged 11.2% in a recent session to close at $33.15.
Impact:
4/10
PRGS
4 months ago
StocksNeutral

Mobile-health Network Solutions Executes 1-for-6 Reverse Stock Split

Key Facts

  • •Mobile-health Network Solutions executed a 1-for-6 reverse stock split on June 29, 2026, to increase its share price and maintain its Nasdaq listing.
  • •The reverse split reduced outstanding Class A Ordinary Shares from approximately 5.33 million to about 888,592.
Impact:
4/10
MNDR
4 months ago
StocksBullish

Alphabet Stock Rises on First Day as Dow Jones Member

Key Facts

  • •Alphabet stock rose on Monday as it joined the Dow Jones Industrial Average.
Impact:
4/10
GOOGLGOOG
4 months ago
StocksNeutral

Stifel Financial hits 52-week low despite strong Q1 earnings

Key Facts

  • •Stifel Financial Corp (SF) stock dropped to a 52-week low of $67.95, currently trading at $67.89 with a market capitalization of $10.45 billion.
  • •Q1 2026 financial results showed strong performance with EPS exceeding estimates and revenue up 18% year-over-year.
Impact:
4/10
SF
4 months ago
StocksNeutral

Acuity Brands Beats Q3 Estimates, But High Valuation Keeps Rating at Hold

Key Facts

  • •Acuity Brands reported a Q3 earnings beat, with strong cash flow and AIS growth.
Impact:
4/10
4 months ago
StocksBullish

Bullish Options Activity in Seagate, Western Digital Signals Trader Optimism

Key Facts

  • •Options traders are showing a bullish sentiment towards Seagate (STX) and Western Digital (WDC), as reported by CNBC.
Impact:
4/10
STXWDC
4 months ago
StocksNeutral

Raymond James Initiates Unity Software Coverage with Market Perform Rating

Key Facts

  • •Raymond James initiated coverage on Unity Software with a Market Perform rating.
  • •GuruFocus data indicates the stock is 13.6% overvalued with a current price of $28.55 against a GF Value of $25.13.
  • •Insider selling of $5.4 million occurred over the past three months.
Impact:
4/10
U
4 months ago
StocksNeutral

Replimune Reports Q4 & FY2026 Results, Provides Business Update

Key Facts

  • •Replimune Group reported financial results for fiscal fourth quarter and year ended March 31, 2026, and provided a business update.
Impact:
4/10
REPLXRP
4 months ago
StocksBullishUpdated×2

Santos signs 10-year gas supply deal with South Australia for 200 petajoules

Key Facts

  • •Santos executed a previously announced deal to supply 200 petajoules of gas over 10 years from 2030 to the South Australian government.
Impact:
4/10
4 months ago
CommoditiesBearishUpdated×2

Gold Falls Despite US-Iran Tensions, Heads for Fourth Monthly Decline

Key Facts

  • •Spot gold fell 0.7% to $4,061.35 an ounce in early trade on Monday.
  • •The metal is on course for a fourth monthly decline with losses of more than 10% in June.
  • •US-Iran tension pushed oil higher, reviving inflation worries.
Impact:
5/10
4 months ago
CommoditiesBearishUpdated

Gold Falls as Risk Sentiment Sours, AI-Linked Selloff Spills Over

Key Facts

  • •Gold prices fell in early Asian trade as risk sentiment deteriorated.
  • •Capital Economics noted that souring sentiment toward AI-related assets has spilled over into commodities including gold.
Impact:
4/10
4 months ago
Mergers & AcquisitionsBullishUpdated

Rocket Lab, Iridium Surge on Merger Plans to Create 'Space Powerhouse'

Key Facts

  • •Rocket Lab and Iridium Communications announced plans to combine, sending shares of both companies higher.
Impact:
5/10
RKLB
4 months ago
Mergers & AcquisitionsBullish

AMASS Brands to Acquire Majority Stake in HpO Protein Water

Key Facts

  • •AMASS Brands to acquire majority stake in HpO protein water.
Impact:
4/10
AMSS
4 months ago
Mergers & AcquisitionsBullish

QXO and TopBuild shareholders overwhelmingly approve acquisition deal

Key Facts

  • •QXO and TopBuild announced that stockholders of both companies overwhelmingly approved all proposals required for QXO's acquisition of TopBuild, with approximately 99% of votes cast in favor at QXO's special meeting.
Impact:
4/10
QXOBLD
4 months ago
Mergers & AcquisitionsNeutral

Hormel Foods sells Brazil Ceratti business to Zanchetta

Key Facts

  • •Hormel Foods Corp. announced a definitive agreement to sell its Brazilian operations (Ceratti brand) to Zanchetta Alimentos LTDA.
  • •The sale is expected to have minimal impact on Hormel's adjusted fiscal 2026 financial results.
Impact:
4/10
4 months ago
Mergers & AcquisitionsNeutral

Carlisle Makes Unsolicited Bid for Rival Owens Corning

Key Facts

  • •Carlisle, a construction-products supplier, made unsolicited acquisition offers to rival Owens Corning, which has so far been unreceptive.
Impact:
4/10
4 months ago
Mergers & AcquisitionsBearish

TopBuild Shareholders Approve QXO Acquisition, Stock Falls

Key Facts

  • •TopBuild shareholders approved the acquisition by QXO.
Impact:
4/10
BLDR
4 months ago
Mergers & AcquisitionsBullish

Ipsen to acquire Kartos Therapeutics, adding late-stage MDM2 inhibitor

Key Facts

  • •Ipsen and Kartos Therapeutics have entered into a definitive merger agreement under which Ipsen will acquire Kartos Therapeutics.
  • •The acquisition adds navtemadlin, an investigational MDM2 inhibitor designed to restore the tumor-suppressing function of p53 in myelofibrosis.
Impact:
4/10
IPN.PAIPSEY
4 months ago
Central BanksBullish

Wall Street braces for rate hikes that may not come; analysis suggests inflation lower

Key Facts

  • •Analysis suggests U.S. inflation may not be as high as perceived, potentially preventing an expected wave of Fed rate hikes.
Impact:
4/10
4 months ago
Central BanksNeutralUpdated×2

Lagarde: Back to basics in uncertain environment

Key Facts

  • •Christine Lagarde, President of the ECB, delivered a speech titled 'Back to basics in an uncertain environment'.
Impact:
4/10
3 months ago
CryptoNeutral

Ripple Proposes New XRPL Standard for Institutional Lending Against Tokenized Assets

Key Facts

  • •Ripple proposed a new XRPL standard allowing institutions to borrow against tokenized assets, with blockchain enforcing loan terms while human credit teams handle underwriting; validator approval is still needed.
Impact:
4/10
XRP
4 months ago
CryptoBullish

Kraken lists Bittensor subnet tokens for decentralized AI

Key Facts

  • •Kraken announced the listing of Bittensor subnet alpha tokens, including Chutes AI and Targon Compute, for trading.
Impact:
4/10
4 months ago
CryptoBearish

Galaxy Research cuts CLARITY Act 2026 passage odds to 50%

Key Facts

  • •Galaxy Research cut its 2026 CLARITY Act passage odds to 50%, citing Senate calendar constraints before the August recess.
  • •Galaxy's Alex Thorn said Senate calendar constraints and lack of progress in negotiations make passage less likely than several weeks ago.
Impact:
4/10
4 months ago
GeopoliticsMixed

European stocks edge higher amid Middle East tensions, oil price rise

Key Facts

  • •European stocks edged higher in cautious trade amid Middle East geopolitical tensions and rising oil prices.
  • •Investors traded cautiously due to fears of escalation in the Middle East conflict and its impact on energy prices.
Impact:
4/10
4 months ago
GeopoliticsBullish

U.S. Stocks Outperform Global Markets Since Iran Conflict Eruption

Key Facts

  • •U.S. equities have led global markets in performance since the Iran conflict erupted, based on ETF proxies up to June 26 close.
Impact:
4/10
4 months ago