U.S. Treasury Secretary Scott Bessent signalled the U.S. and Iran could reach an agreement as early as Tuesday or Wednesday to reopen the Strait of Hormuz, restoring free passage for commercial shipping. Bessent told CNBC’s "Squawk Box” on Tuesday that…
AMC Entertainment Holdings Inc. (NYSE:AMC) shares are flat during Tuesday’s premarket session as box office momentum from a record-setting Spider-Man opening weekend keeps attention on theater traffic. AMC Entertainment stock is showing positive momentum. Where is AMC stock headed? What…
Circle Internet Group Inc. (NYSE:CRCL) heads into its second-quarter earnings report facing mounting pressure on the profitability of its core stablecoin business. But despite trimming its earnings estimate and forecasting weaker margins, JPMorgan believes the market is overlooking the company’s…
The U.S. Consumer Financial Protection Bureau’s (CFPB) supervision staff were reportedly warned they could face “most unpleasant” consequences if they were too aggressive while examining financial companies, according to an internal agency email. The warning came in a May 13…
Wayfair Inc. (NYSE:W) stock jumped Tuesday after the online home furnishings retailer reported second-quarter results that topped Wall Street estimates. The rally was likely magnified by elevated short interest, with 18% of the public float sold short, signaling substantial bearish…
Palantir Technologies Inc’s (NASDAQ:PLTR) blockbuster second-quarter results have given investors a fresh reason to revisit single-stock ETFs, with the AI software company’s accelerating U.S. growth and “AI sovereignty” narrative potentially setting up a new leg of momentum. The stock rose…
Pharmaceutical firm Sunshine Biopharma Inc. (NASDAQ:SBFM) on Tuesday said it received regulatory approval to introduce its 2mg generic Dienogest tablets to the Canadian market. The significant milestone marks the company’s strategic expansion into women’s healthcare, specifically targeting first-line therapy for…
Corning Inc. (NYSE:GLW) stock is surging on Tuesday as part of a strong post-earnings relief rally. The move is further fueled by a major Wall Street upgrade following the stock’s recent decline. While the stock initially tumbled last week due…
Space Exploration Technologies Corp. (NASDAQ:SPCX) stock rose nearly 2% in Tuesday’s premarket session as investors positioned ahead of the company’s first public earnings report, due after the closing bell. The broader market also provided support, with Nasdaq futures up 0.67%…
U.S. stock futures were higher this morning, with the Nasdaq 100 futures gaining around 150 points on Tuesday. Shares of Powell Industries Inc (NASDAQ:POWL) fell sharply in pre-market trading after the company reported worse-than-expected quarterly financial results. Powell Industries reported…