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Space Exploration Technologies Corp. (NASDAQ: SPCX ) shares are in the spotlight Monday ahead of the company’s official addition to the Nasdaq-100 Index Tuesday — one of the fastest index inclusions in the exchange’s history — triggering billions of dollars in forced buying from passive funds and ETFs. The Inclusion Sp
Western Digital Corp. (NASDAQ: WDC ) saw its stock climb in early trading on Monday. The gains come as the broader artificial intelligence hardware trade reignited, prompting a rebound across the data storage and memory sectors following a sharp selloff late last week. Nasdaq futures are up 1.27% while S&P 500 futures
Broadcom Inc. (NASDAQ: AVGO ) shares are trading higher following a report suggesting that the company and Apple Inc. (NASDAQ: AAPL ) will expand their partnership through 2031. The Deal According to Reuters, Broadcom and Apple have agreed to expand their partnership through 2031, covering the development and supply of
Oracle Corp. (NYSE: ORCL ) stock rose more than 2% in Monday’s premarket session as investors returned to the stock after a steep, debt-driven sell-off, while broader market sentiment also improved. Nasdaq futures gained 1.20%, and S&P 500 futures advanced 0.47%. Oracle Backlog Support Market Rebound Oracle’s rebound f
Rivian Automotive Inc. (NASDAQ: RIVN ) shares are in focus Monday after the company reported second-quarter production and delivery figures Thursday. The Numbers Rivian produced 12,613 vehicles and delivered 12,194 at its manufacturing facility in Normal, Illinois during the quarter ending June 30. Deliveries topped th
Unum Group (NYSE: UNM ) said Monday it has agreed to reinsure $3.8 billion of long-term care (LTC) statutory reserves with Fortitude Reinsurance Company Ltd., marking another step in its strategy to reduce exposure to its legacy LTC business. The transaction covers approximately 50,000 individual LTC policies and repre
Churchill Capital Corp XI (NASDAQ: CCXI ) shares are in the spotlight Monday as the company’s planned merger with humanoid robotics company Agility Robotics continues to attract investor attention. The Deal Churchill and Agility announced a definitive business combination agreement valuing Agility at a pre-money equity
Citigroup Inc. (NYSE: C ) will release earnings for its second quarter before the opening bell on Tuesday, July 14. Analysts expect the bank to report quarterly earnings of $2.64 per share, up from $2.04 per share in the year-ago period. The consensus estimate for Citigroup’s quarterly revenue is $23.37 billion. It rep
On CNBC’s “ Halftime Report Final Trades,” Capital Wealth Planning founder Kevin Simpson named Alphabet Inc (NASDAQ: GOOGL ) (NASDAQ: GOOG ) as his final trade. Lending support to his choice, Morgan Stanley analyst Brian Nowak maintained Alphabet’s Overweight rating on June 30. He also raised the price target from $375
U.S. stock futures advanced on Monday, as the Dow Jones, Nasdaq 100, and S&P 500 indices rose, following Thursday’s mixed close. The positive moves followed a long Independence Day weekend, which saw the Nasdaq Composite move down amid a decline in semiconductor stocks, even while the Dow Jones index surged to record h