Tue, Jun 23, 2026 Market News Archive, Page 11

H Iran Warns On Lebanon Iranian envoy warns that any violation of the memorandum of understanding in Lebanon will create challenges for the peace talk process GEOPOLITICS | Jun 23, 2026, 09:49 AM UTC

H Iraq Raises Oil Output Iraq increases southern oilfields crude output to around 2.1 million barrels per day ENERGY | Jun 23, 2026, 09:47 AM UTC

H Europe Issues Red Alerts Europe issues red weather alerts as extreme heat pushes temperatures beyond 40 degrees Celsius GEOPOLITICS | Jun 23, 2026, 09:45 AM UTC

M CASY, GEHC, MOH, NKTX Initiated CASY, GEHC, MOH, and NKTX have been initiated with ratings by CapitalOne, RBC, and TD Cowen EQUITY | Jun 23, 2026, 09:42 AM UTC

M NKE, ROST, ZION Downgraded NKE downgraded to In Line at Evercore, ROST to Equal Weight at WFC, and ZION to Neutral at Baird EQUITY | Jun 23, 2026, 09:41 AM UTC

H USO: Gas Prices Extend Decline USO gas prices extend six-week decline, but Strait of Hormuz concerns remain a wild card ENERGY | Jun 23, 2026, 09:41 AM UTC

H Dow Jones Drops Dow Jones and S&P 500 futures are dropping despite Trump's 60-day waiver on Iran sanctions EQUITY | Jun 23, 2026, 09:41 AM UTC

M IBM, QGEN, SNPS Upgraded IBM, QGEN, and SNPS have been upgraded to OVERWEIGHT by JPM, MS, and Piper respectively EQUITY | Jun 23, 2026, 09:40 AM UTC

M Kremlin: No Macro Concern Kremlin says there are no grounds for concern about macro stability in the country EQUITY | Jun 23, 2026, 09:38 AM UTC

H Kremlin: Oil Market Volatile Kremlin states that oil market volatility affects economies worldwide ENERGY | Jun 23, 2026, 09:38 AM UTC

M Germany Chancellor Merz: Will Not Form Minority Government, Not Looking For Another Majority In Parliament Germany Chancellor Merz: Will Not Form Minority Government, Not Looking For Another Majority In Parliament EQUITY | Jun 23, 2026, 09:38 AM UTC

M ECB Lane: Sees Wage Momentum ECB's Lane reports some momentum in wages EQUITY | Jun 23, 2026, 09:38 AM UTC

M RDGT Leads Premarket Gainers RDGT leads premarket gainers, followed by GITS, CIIT, and ADTX, while NXTS leads decliners EQUITY | Jun 23, 2026, 09:32 AM UTC

H President Trump Initial Daily Agenda 8:00 AM The President participates in Executive Time 9:00 AM In-Town Pool Call Time 2:05 PM The Preside President Trump Initial Daily Agenda 8:00 AM The President participates in Executive Time 9:00 AM In-Town Pool Call Time 2:05 PM The President delivers Remarks TBD: The President departs The White House en route Reading, GEOPOLITICS | Jun 23, 2026, 09:30 AM UTC

H Iran: Hormuz Strait Open Iran says the Strait of Hormuz is fully open to commercial ships, with large quantities of oil being transported recently. GEOPOLITICS | Jun 23, 2026, 09:28 AM UTC

M EU Proposes Defence Market The EU Commission is expected to present a communication on a more integrated European defence market next week. GEOPOLITICS | Jun 23, 2026, 09:28 AM UTC

H Iran Ships Oil Iran is transporting large quantities of oil via a strait GEOPOLITICS | Jun 23, 2026, 09:27 AM UTC

H EU Integrates Ukraine EU Defence Commissioner Kubilius says the EU must integrate Ukraine into a future European Defence Union GEOPOLITICS | Jun 23, 2026, 09:26 AM UTC

H Nasdaq Futures Tumble Nasdaq futures are sharply lower as tech sell off bleeds into global markets, with South Korea's Kospi falling 10% EQUITY | Jun 23, 2026, 09:26 AM UTC

H Israel Weighs Withdrawal Israel is considering symbolic withdrawals from southern Lebanon GEOPOLITICS | Jun 23, 2026, 09:25 AM UTC

H US Mediates Israel-Lebanon Talks US-mediated talks between Israel and Lebanon resume in Washington. GEOPOLITICS | Jun 23, 2026, 09:25 AM UTC

M Tesla EU Market Share Rises Tesla's market share in the EU, Britain, and EFTA increases to 2.5% in May, with its battery electric vehicle market share at 10.66%. EQUITY | Jun 23, 2026, 09:25 AM UTC

H Why Tianci International Shares Are Trading Higher By Around 88%; Here Are 20 Stocks Moving Premarket Shares of Tianci International Inc (NASDAQ: CIIT ) rose sharply in pre-market trading after the company posted results for the third quarter. The company posted third-quarter earnings of 1 cent per share, versus a year-a EARNINGS | Jun 23, 2026, 09:25 AM UTC

M Singtel Sells Thai Energy Stake Singtel sells $773 million Thai energy stake to invest in AI and data centers EQUITY | Jun 23, 2026, 09:25 AM UTC

M Singapore inflation holds Singapore's inflation holds steady at 1.8% in May, below expectations, as services costs ease EQUITY | Jun 23, 2026, 09:25 AM UTC

H Global Stocks Plummet Global stocks sell off, led by deep losses in tech stocks, with Asia's Kospi index closing 10% lower and the Stoxx 600 Technology index declining 3.2%. EQUITY | Jun 23, 2026, 09:25 AM UTC

L CDNL: Proposes Public Offering CDNL proposes public offering of common stock EQUITY | Jun 23, 2026, 09:24 AM UTC

L COR Director Buys COR Director purchases 4,000 shares at $274.19 EQUITY | Jun 23, 2026, 09:24 AM UTC

H Iran: Strait of Hormuz Open Iran says the Strait of Hormuz is fully open to commercial ships, according to ISNA. GEOPOLITICS | Jun 23, 2026, 09:24 AM UTC

H ENTA: AbbVie Gets EU Approval Enanta Pharmaceuticals' partner AbbVie receives European Commission approval of MAVIRET for people with acute Hepatitis C Virus EQUITY | Jun 23, 2026, 09:23 AM UTC

M ABBV: EU Approves MAVIRET AbbVie's MAVIRET is approved by the European Commission for people with acute Hepatitis C Virus infection EQUITY | Jun 23, 2026, 09:23 AM UTC

H Russia Resumes Ukraine Talks Russia's Lavrov says ready to resume talks on Ukraine at the point where they finished GEOPOLITICS | Jun 23, 2026, 09:23 AM UTC

L NAVN Partners ISOPLUS NAVN partners with ISOPLUS to consolidate global travel and expense operations EQUITY | Jun 23, 2026, 09:23 AM UTC

M LGND Prices $625M Notes Ligand announces pricing of upsized $625 million convertible senior notes offering EQUITY | Jun 23, 2026, 09:22 AM UTC

M ABBV: Approves SKYRIZI for Pediatric Psoriasis AbbVie announces European Commission approval of SKYRIZI for treating pediatric patients with moderate to severe plaque psoriasis EQUITY | Jun 23, 2026, 09:22 AM UTC

H FCFS Acquires Ramsdens FirstCash is acquiring Ramsdens, a UK-based pawn, retail and financial services operator EQUITY | Jun 23, 2026, 09:22 AM UTC

M HOOD Prices $2B Notes Robinhood announces pricing of private offering of $2.0 billion of convertible senior notes due 2029 EQUITY | Jun 23, 2026, 09:22 AM UTC

L INFQ Welcomes Executive Order Infleqtion welcomes executive order on quantum technology EQUITY | Jun 23, 2026, 09:22 AM UTC

M FCUV, ILLR, YYGH Split FCUV, ILLR, and YYGH are scheduled for stock splits on Tuesday, June 23. EQUITY | Jun 23, 2026, 09:21 AM UTC

M US Releases Economic Data The US is releasing several economic reports, including the ADP Employment Report and API Crude Report. EQUITY | Jun 23, 2026, 09:21 AM UTC

H Russia Attacks Ukraine Russian attack kills three in Ukraine's Kryvyi Rih, according to an official GEOPOLITICS | Jun 23, 2026, 09:17 AM UTC

H EU Escalates Meta Probe The EU is escalating its probe into Meta's addictive design that targets kids. REGULATION | Jun 23, 2026, 09:15 AM UTC

H Apollo Caps Withdrawals Apollo curbs withdrawals from its private credit vehicle after redemption requests hit 17%, reigniting fears over private credit liquidity EQUITY | Jun 23, 2026, 09:15 AM UTC

M TotalEnergies Cut to EUR 82 BofA Global Research cuts TotalEnergies price objective to EUR 82 from EUR 86 EQUITY | Jun 23, 2026, 09:14 AM UTC

M BofA Cuts Shell Target BofA Global Research cuts Shell price objective to $89 from $95 EQUITY | Jun 23, 2026, 09:14 AM UTC

M Woodside Signs Gas Deal Woodside signs deal to supply 31.1 petajoules of domestic gas to Alcoa's Western Australian refineries from 2027 to 2030 ENERGY | Jun 23, 2026, 09:11 AM UTC

H ABBV: MAVIRET Approved AbbVie's MAVIRET is approved by the European Commission for acute HCV infection, becoming the only EU-approved treatment for both acute and chronic Hepatitis C Virus infection EQUITY | Jun 23, 2026, 09:11 AM UTC

L BP Cut to 430p BofA cuts BP price target to 430p from 460p EQUITY | Jun 23, 2026, 09:08 AM UTC

H NVDA Faces Lawsuit Winamp Group's Jamendo files US federal lawsuit against NVIDIA for copyright infringement EQUITY | Jun 23, 2026, 09:06 AM UTC

H SHOP Bans Vapes Shopify is banning vapes as US authorities crack down on the illegal industry REGULATION | Jun 23, 2026, 09:06 AM UTC

H Israel Fires On Lebanon One person is killed in Israeli gunfire on a southern Lebanese town GEOPOLITICS | Jun 23, 2026, 09:05 AM UTC

H Cred Raises $900M Indian fintech startup Cred raises $900 million in funding led by Meta at a valuation of over $4 billion, but loses its founder to WhatsApp EQUITY | Jun 23, 2026, 09:05 AM UTC

H Global Stocks Sell Off Global stocks sell off, led by deep losses for tech stocks, with Asia's Kospi index closing 10% lower and Europe's Stoxx 600 shedding 1.2% EQUITY | Jun 23, 2026, 09:05 AM UTC

M Abbvie Gets EU Approval Abbvie receives EU approval for Maviret, a Hepatitis C treatment EQUITY | Jun 23, 2026, 09:04 AM UTC

M GEV Wins Vietnam Order GE Vernova secures order for two 9HA.02 turbines and H78 generators in Vietnam as HA fleet surpasses 4M operating hours ENERGY | Jun 23, 2026, 09:01 AM UTC

H Five Eyes Warns AI Five Eyes warns that AI could supercharge cyberattacks within months, not years EQUITY | Jun 23, 2026, 09:01 AM UTC

M WPP Expands Meta Partnership WPP expands Meta partnership to pilot new AI-powered creative strategy and optimization solution EQUITY | Jun 23, 2026, 08:56 AM UTC

M TSLA: David Friedberg Challenges Ro Khanna Billionaire David Friedberg challenges Ro Khanna to a $10 million challenge after Khanna called for an investigation into Elon Musk EQUITY | Jun 23, 2026, 08:56 AM UTC

H Apollo Caps Withdrawals Apollo curbs withdrawals from its private credit vehicle after redemption requests hit 17% in Q2 EQUITY | Jun 23, 2026, 08:54 AM UTC

H Taiwan Sees $1T Export Taiwan Economy Ministry forecasts export orders to reach $1 trillion this year EQUITY | Jun 23, 2026, 08:45 AM UTC

H Cruz: China Funds Anti-AI Efforts Sen. Ted Cruz says Chinese Communist Party-linked actors are funding efforts to amplify American fears about artificial intelligence to slow U.S. technological progress GEOPOLITICS | Jun 23, 2026, 08:44 AM UTC

M Ukraine's Zelenskiy Skips Poland Conference Ukraine's President Zelenskiy will not attend a conference in Poland this week GEOPOLITICS | Jun 23, 2026, 08:44 AM UTC

L BoJ: Yen Index Unchanged The Bank of Japan's Yen Index remains unchanged at 72.21 in June 2023. EQUITY | Jun 23, 2026, 08:42 AM UTC

H US Senate Passes Housing Bill The US Senate passes the biggest housing bill in 30 years, sponsored by Tim Scott and Elizabeth Warren. EQUITY | Jun 23, 2026, 08:41 AM UTC

H Xiaomi Launches Robotic EV Charger Xiaomi launches robotic EV charging arm that automatically plugs in parked cars, reviving a Tesla idea EQUITY | Jun 23, 2026, 08:41 AM UTC

H Oman Sultan Meets Iran Oman's Sultan discusses resumption of shipping through Strait of Hormuz with Iranian senior officials GEOPOLITICS | Jun 23, 2026, 08:39 AM UTC

H Iran: Will Continue Talks Iran will continue to negotiate as long as the US shows readiness and a constructive approach, according to the Iranian Ambassador to the UN in Geneva. GEOPOLITICS | Jun 23, 2026, 08:38 AM UTC

H Rabo Bank Cuts Brent Forecast Rabo Bank lowers Q3 Brent forecast to $79/BBL from $103 and Q4 2026 to $78/BBL from $90 ENERGY | Jun 23, 2026, 08:34 AM UTC

H US Issues Iran Oil Sanctions Waivers The US issues a 60-day exemption allowing Iran to produce and sell crude oil, petrochemical and petroleum products in US dollars, unlocking billions in revenue for Tehran GEOPOLITICS | Jun 23, 2026, 08:34 AM UTC

H SpaceX Drops 3% SpaceX shares are down over 3% in premarket trading after a $400 billion selloff on Monday EQUITY | Jun 23, 2026, 08:34 AM UTC

H ECB's Lane: Labour Market Resilient ECB's Lane says labour market is resilient and household balance sheets are solid, but uncertainty is elevated and inflation is expected to stay above 2% for some time. EQUITY | Jun 23, 2026, 08:33 AM UTC

M UK S&P Global Services PMI, June 2026- Full Report UK S&P Global Services PMI, June 2026- Full Report MACRO | Jun 23, 2026, 08:32 AM UTC

H UK Services PMI UK S&P Global Services PMI falls to 48.9 in June, below estimates of 50.1 EQUITY | Jun 23, 2026, 08:31 AM UTC

H Tucker Carlson Ditches GOP Over Trump's Iran War and Israel Policy— Marjorie Taylor Greene Says He's 'Not The Only One': 'There's No Chance. Tucker Carlson Ditches GOP Over Trump's Iran War and Israel Policy— Marjorie Taylor Greene Says He's 'Not The Only One': 'There's No Chance...' GEOPOLITICS | Jun 23, 2026, 08:26 AM UTC

M EU Parliament: Economic Meeting The European Parliament Committee on Economic and Monetary Affairs is holding an ordinary meeting, which can be watched live. MACRO | Jun 23, 2026, 08:26 AM UTC

H SPCX Falls 16.43% SpaceX stock falls 16.43% to $154.60, with investors who bought at IPO up 23% and those who bought at peak down almost 25%. EQUITY | Jun 23, 2026, 08:24 AM UTC

H Iran: No Discussion On Inspectors Iran's UN ambassador says there has not been discussion on allowing inspectors into Iran, with nuclear activities discussion for the next stage of talks GEOPOLITICS | Jun 23, 2026, 08:24 AM UTC

M LGND Prices $625M Notes Ligand Pharmaceuticals prices upsized $625M 0.0% convertible senior notes offering due 2031 and plans to repurchase shares EARNINGS | Jun 23, 2026, 08:21 AM UTC

H ECB Sees Big Inflation ECB's Escriva notes services sector is experiencing very big inflation persistence EQUITY | Jun 23, 2026, 08:21 AM UTC

M Iran FM Holds Talks Iranian Foreign Minister arrives in Pakistan for separate talks with officials ahead of the Iranian President's visit GEOPOLITICS | Jun 23, 2026, 08:20 AM UTC

H Iran, Oman Hold Hormuz Talks Iran and Oman are holding main talks on the Strait of Hormuz, followed by parallel discussions with other parties to the MOU. GEOPOLITICS | Jun 23, 2026, 08:18 AM UTC

H Iran Seeks MOU Clauses Iran's Baghaei says parties to MOU are trying to achieve all of its clauses before starting negotiations on nuclear issue GEOPOLITICS | Jun 23, 2026, 08:18 AM UTC

H ECB: Uncertainty Hurts ECB's Escriva says global uncertainty makes decision making hard for the ECB EQUITY | Jun 23, 2026, 08:18 AM UTC

M HSBC Cuts Hermes HSBC cuts Hermes to Hold from Buy and lowers target price to EUR 1870 from EUR 2100 EQUITY | Jun 23, 2026, 08:18 AM UTC

H Iran: Hormuz Open Iran's UN ambassador in Geneva says the Strait of Hormuz is open without charges, but the situation after 60 days depends on negotiations GEOPOLITICS | Jun 23, 2026, 08:13 AM UTC

H Sanders: AI Wealth Bernie Sanders says AI wealth belongs to the public, not tech 'oligarchs' EQUITY | Jun 23, 2026, 08:11 AM UTC

H Hang Seng Enters Bear Market Hang Seng China gauge falls 20% from Oct 2, entering a bear market EQUITY | Jun 23, 2026, 08:11 AM UTC

M E-mini Dow Below 5-Day MA E-mini Dow trades 1 standard deviation below its 5-day moving average EQUITY | Jun 23, 2026, 08:10 AM UTC

H Iran: Defense Not Up For Talks Iran says its defense and missile capabilities will never be subject to negotiations with any party GEOPOLITICS | Jun 23, 2026, 08:10 AM UTC

L Spain Posts -5.172B Trade Deficit Spain's trade balance is -5.172B euros in April, compared to -4.372B previously EQUITY | Jun 23, 2026, 08:07 AM UTC

H Eurozone Services PMI 48.9 Eurozone Services Purchasing Managers Index preliminary for June is 48.9, exceeding the estimated 48.6 and the prior 47.7. EQUITY | Jun 23, 2026, 08:06 AM UTC

H Eurozone PMI 51.3 Eurozone Manufacturing Purchasing Managers Index preliminary for June is 51.3, missing the estimated 51.6 EQUITY | Jun 23, 2026, 08:06 AM UTC

H OPEN CEO Takes $1 Salary OPEN CEO takes $1 salary as part of a $741 million Tesla-style pay package betting on a housing market turnaround EARNINGS | Jun 23, 2026, 08:06 AM UTC

H Eurozone PMI 49.5 Eurozone Composite Purchasing Managers Index preliminary for June is 49.5, beating estimates of 49.1 EQUITY | Jun 23, 2026, 08:06 AM UTC

H Iran: Holds Talks Iran holds very good talks at technical level, to establish two working groups on sanctions and nuclear activities GEOPOLITICS | Jun 23, 2026, 08:05 AM UTC

H EU Methane Rules The US and Qatar warn that EU methane rules will trigger a gas supply crunch. ENERGY | Jun 23, 2026, 08:05 AM UTC

H Apollo Curbs Withdrawals Apollo caps withdrawals from its private credit vehicle at 5% after redemption requests soared to 17% in Q2 EQUITY | Jun 23, 2026, 08:04 AM UTC

H Eurozone PMI Released Eurozone S&P Global Manufacturing PMI for June 2026 is released EQUITY | Jun 23, 2026, 08:03 AM UTC

M SAfrica CCI -19 South Africa's consumer confidence index falls to -19 in Q2 from -7 previously EQUITY | Jun 23, 2026, 08:02 AM UTC

H Eurozone PMI Misses Eurozone S&P Global Manufacturing PMI comes in at 51.3, below estimates of 51.6 EQUITY | Jun 23, 2026, 08:01 AM UTC

H Iran: Lebanon Part of MOU Peace Iranian Ambassador to the UN in Geneva says Lebanon is part of the MOU peace agreement and calls for no new attacks and withdrawal of Israeli troops GEOPOLITICS | Jun 23, 2026, 08:00 AM UTC

M GHXI Prices $312M IPO Gores Holdings XI prices $312M Nasdaq initial public offering of 31.2M units at $10.00 each EQUITY | Jun 23, 2026, 07:57 AM UTC

M FFAI Launches EAI Robot Faraday Future completes EAI Robot World with Futurist and Faber series launch and expects June shipments to exceed 100 units EARNINGS | Jun 23, 2026, 07:57 AM UTC

H Iran: Progress in US Talks Iranian Ambassador To United Nations In Geneva reports some good progress in negotiations between US and Iran in Switzerland GEOPOLITICS | Jun 23, 2026, 07:57 AM UTC

H Iran Rejects IAEA Inspection Iran has no plan to allow the IAEA to inspect its nuclear facilities, according to the Foreign Ministry spokesperson. GEOPOLITICS | Jun 23, 2026, 07:57 AM UTC

M IBM Raised to Overweight IBM is being raised to overweight at JPM with a price target of $291 EQUITY | Jun 23, 2026, 07:53 AM UTC

M WES: Prices $700M Senior Notes Western Midstream subsidiary prices $700M senior notes offering to repay debt EQUITY | Jun 23, 2026, 07:46 AM UTC

H Iran Blocks IAEA Inspectors Iran's Foreign Ministry spokesperson says Tehran has no plan to let IAEA inspectors visit nuclear sites targeted in conflict GEOPOLITICS | Jun 23, 2026, 07:46 AM UTC

M Sanders Slams Trump Sen. Bernie Sanders accuses President Trump of promoting fossil fuels for profit while putting the planet at risk amid record heatwaves EQUITY | Jun 23, 2026, 07:45 AM UTC

M INFQ: Accelerates Quantum Tech Infleqtion says America's Quantum Space Initiative will accelerate deployment of quantum technologies for future space systems EQUITY | Jun 23, 2026, 07:41 AM UTC

L RBC Initiates Centene RBC initiates Centene coverage with a Sector Perform rating and a price target of $70 EQUITY | Jun 23, 2026, 07:39 AM UTC

M CNH: Prices $600M Notes CNH Industrial Capital prices $600M of 4.950% senior unsecured notes due 2031 at 99.615% issue price EQUITY | Jun 23, 2026, 07:36 AM UTC

L Swiss Minister: Cos. Must Bear Risk Swiss Finance Minister Keller-Sutter says companies can take risks but must bear the responsibility MACRO | Jun 23, 2026, 07:36 AM UTC

H Germany Manufacturing PMI Germany's S&P Global Manufacturing PMI for June 2026 is released EQUITY | Jun 23, 2026, 07:35 AM UTC

H Toyota Cuts Overseas Production Toyota reduces overseas production by 100,000 units by February 2027 due to reduced demand caused by the Middle East crisis EQUITY | Jun 23, 2026, 07:35 AM UTC

H CATL Expands Capacity CATL's production capacity to surpass 1000GWH this year, according to Zeng ENERGY | Jun 23, 2026, 07:33 AM UTC

M Germany PMI Misses Germany's S&P Global Manufacturing PMI comes in at 50.0, slightly below estimates of 50.2, while Services PMI and Composite PMI also miss expectations. EQUITY | Jun 23, 2026, 07:31 AM UTC

Tue, Jun 23, 2026 - Page 11