S&P 500 Index futures are up 0.6% at 7:49 a.m. in New York, signaling a modest rebound for stocks after Friday’s slide. Nasdaq 100 futures rise 1.2% Dow Jones Industrial Average futures are up 0.3% The MSCI World Index is down 0.2% Here are some of the biggest US movers before the bell: Magnificent Seven stocks: Nvidia (NVDA) +2%, Tesla (TSLA) +1.6%, Meta Platforms (META) +0.7%, Amazon (AMZN) +1%,...
S&P 500 Index futures are up 0.6% at 7:49 a.m. in New York, signaling a modest rebound for stocks after Friday’s slide. Nasdaq 100 futures rise 1.2% Dow Jones Industrial Average futures are up 0.3% The MSCI World Index is down 0.2% Here are some of the biggest US movers before the bell: Magnificent Seven stocks: Nvidia (NVDA) +2%, Tesla (TSLA) +1.6%, Meta Platforms (META) +0.7%, Amazon (AMZN) +1%, Apple (AAPL) +0.5%, Microsoft (MSFT) -0.07%, Alphabet (GOOGL) -0.4% Energy stocks and fertilizer stocks are rising, while travel stocks are falling, as a fresh flare-up in Iran-Israel hostilities threatened the Middle East ceasefire and lifted oil prices. Campbell’s (CPB) rises 1% after the food company reported adjusted earnings per share for the third quarter that beat the average analyst estimate. Eli Lilly (LLY) gains 1.6% following obesity drug presentations at the American Diabetes Association conference. Ingredion Inc. (INGR) slips about 1% after agreeing to buy Tate & Lyle Plc for $3.6 billion, in a move that marks the end of the UK company’s near-century on the London Stock Exchange. Nurix Therapeutics (NRIX) is up 25% after Roche agreed to pay the clinical-stage biopharmaceutical company as much as $2.3 billion for rights to an experimental blood-cancer drug. Marvell (MRVL) climbs 9% and Flex (FLEX) rises 4% as the companies are set to replace Pool Corp. and Campbell’s in the S&P 500 before the market open on June 22. Wix.com (WIX) falls 15% after the web-platform said it expects an approximately $50m reduction in bookings in 2026 as a result of a new organizational realignment program as well as a more pronounced slowdown in the growth of its Partners business, beyond previous expectations.
"Quality" stocks may be better able to withstand market turbulence thanks to stable earnings, strong balance sheets, and more; these ETFs aim to find them.
"Quality" stocks may be better able to withstand market turbulence thanks to stable earnings, strong balance sheets, and more; these ETFs aim to find them.
keni1/iStock via Getty Images Alliance Resource Partners ( ARLP ) up 1.5% pre-market Monday after saying it agreed to acquire general partner and limited partner interests in AllDale Minerals III and AllDale Minerals IV for $206.2M. AllDale III and IV hold ~48.5K net royalty acres across premier basins and resource plays including the Permian, Anadarko, Bakken, and Haynesville; Q1 production total...
keni1/iStock via Getty Images Alliance Resource Partners ( ARLP ) up 1.5% pre-market Monday after saying it agreed to acquire general partner and limited partner interests in AllDale Minerals III and AllDale Minerals IV for $206.2M. AllDale III and IV hold ~48.5K net royalty acres across premier basins and resource plays including the Permian, Anadarko, Bakken, and Haynesville; Q1 production totaled 5,940 boe/day in total and 3,665 boe/day net to Alliance Resource's ( ARLP ) economic interests, consisting of 27% oil, 18% natural gas liquids, and 55% natural gas. Upon closing, Alliance Resources' ( ARLP ) aggregate economic interest across AllDale III and IV is expected to increase from ~5% to 61%, owning 100% of the general partner interests of AllDale III and IV. Alliance Resources ( ARLP ) said the acquisition meaningfully enhances its northern Delaware, Anadarko, and Bakken positions, increasing trailing 12-month new wells placed on production by 59%, 78%, and 91%, respectively, and provides entry into the Haynesville, a key natural gas resource play supporting LNG export demand. Upon closing the transaction, Alliance Resources ( ARLP ) said it expects to have control of 115,860 net royalty acres, with 44,770 NRAs in the Permian, at Q1 production of 17,295 boe/day in total and 14,285 boe/day net to its economic interests. More on Alliance Resource Partners Alliance Resource Partners: High-Yield Is Covered, Cheap, And Getting Safer Alliance Resource Partners: Investing In Coal And More Isn't Dead Alliance Resource Partners: A Coal Giant Pivoting To AI, Bitcoin, And Electrification
(RTTNews) - Monday, Ciena Corporation (CIEN) announced its plan to offer $2.0 billion aggregate principal amount of convertible senior notes due 2031 in a private offering.
(RTTNews) - Monday, Ciena Corporation (CIEN) announced its plan to offer $2.0 billion aggregate principal amount of convertible senior notes due 2031 in a private offering.
The SpaceX IPO is so close that the excitement is almost palpable. Where some Elon Musk fanatics have been telling themselves they’re getting in on the first day at any cost, others see the potential for pain, not just with the buyers at the wrong price at the wrong time, but perhaps for the rest ... Inside the Mouth-Watering Numbers Justifying SpaceX’s $1.75 Trillion IPO
The SpaceX IPO is so close that the excitement is almost palpable. Where some Elon Musk fanatics have been telling themselves they’re getting in on the first day at any cost, others see the potential for pain, not just with the buyers at the wrong price at the wrong time, but perhaps for the rest ... Inside the Mouth-Watering Numbers Justifying SpaceX’s $1.75 Trillion IPO
From the beginning of the US-Iranian negotiations to end the war in the Middle East, Israel has repeatedly demanded its conflict with Lebanon’s Hezbollah be left out. Iran, by contrast, has been insisting that its Lebanese ally stay under its umbrella, while US President Donald Trump seems focused on getting a peace deal done to ease oil prices and calm voter fury before November’s midterm electio...
From the beginning of the US-Iranian negotiations to end the war in the Middle East, Israel has repeatedly demanded its conflict with Lebanon’s Hezbollah be left out. Iran, by contrast, has been insisting that its Lebanese ally stay under its umbrella, while US President Donald Trump seems focused on getting a peace deal done to ease oil prices and calm voter fury before November’s midterm elections. But Israeli Prime Minister Benjamin Netanyahu has his own election this fall to worry about, and a growing challenge for him is a concern — expressed by numerous opposition leaders — that his alliance with the US has grown too tight, and Israel is turning into a vassal state unable to make its own security decisions. Read More: Trump Urges End to Fighting After Iran, Israel Trade Missiles Naftali Bennett , who’s close to Netanyahu in opinion surveys, last week assailed what he called “a government that has lost control over Israeli sovereignty.” After Iran and Israel traded fire on Sunday, Trump called on both sides to stop and told Axios he was going to call Netanyahu to tell him not to retaliate. Neither side listened: by Monday morning, Israeli warplanes had struck a petrochemical site and explosions were heard across Tehran, while Iran and its Yemeni proxy the Houthis fired on Israel. “Iran is attempting to create a new equation by carrying out direct fire into our territory in response to our strikes in southern Beirut. We will not allow this,” Israeli military spokesman Brigadier General Effie Defrin said. Army Radio reported that the military believes the exchanges with Iran will last several days. The military is preparing for a broad call-up and is expected to mobilize several reserve battalions while reinforcing border forces particularly along the West Bank and Jordan. A large-scale reserve mobilization began on Monday, including search-and-rescue units prepared to deploy to impact sites. All of this renewed activity, while defying Trump, poses an acute dilem...
(RTTNews) - While reporting financial results for the third quarter on Monday, Campbell's Co. (CPB) reaffirmed its adjusted earnings and organic net sales guidance for the full-year 2026.
(RTTNews) - While reporting financial results for the third quarter on Monday, Campbell's Co. (CPB) reaffirmed its adjusted earnings and organic net sales guidance for the full-year 2026.
Hong Kong ranks among the world’s largest data centre hubs but has a carbon footprint exceeding the global average, according to a global think tank study, which calls for a responsible strategy to tackle the “unintended impacts” of using artificial intelligence (AI). The June report by the United Nations University Institute for Water, Environment and Health also quantified not only carbon but wa...
Hong Kong ranks among the world’s largest data centre hubs but has a carbon footprint exceeding the global average, according to a global think tank study, which calls for a responsible strategy to tackle the “unintended impacts” of using artificial intelligence (AI). The June report by the United Nations University Institute for Water, Environment and Health also quantified not only carbon but water and land footprints of electricity arising from the use of AI. The report is a call for using AI...
Cognizant Technology ( CTSH ) was upgraded at Wedbush Securities on Monday as the investment firm said it sees the positives outweighing the negatives. Shares rose 2% in premarket trading. “We believe that CTSH is starting to gain momentum for its AI Builder strategy with more large-scale contracts in the 8-/9-figure range converting from its pipeline to revenue in 2H26, which will act as a cataly...
Cognizant Technology ( CTSH ) was upgraded at Wedbush Securities on Monday as the investment firm said it sees the positives outweighing the negatives. Shares rose 2% in premarket trading. “We believe that CTSH is starting to gain momentum for its AI Builder strategy with more large-scale contracts in the 8-/9-figure range converting from its pipeline to revenue in 2H26, which will act as a catalyst for shares,” analyst Steven Wahrhaftig wrote in a note to clients. “Cognizant’s vertical specific strategy is starting to see meaningful market share gains from a productivity savings standpoint with CTSH using its own proprietary AI tools and leveraging partnerships to generate incremental demand. CTSH has also seen its key verticals demonstrate a meaningful rebound from a backlog perspective with financial services seeing a healthy spending environment and strong deal momentum and health sciences remaining stable despite regulatory uncertainty.” Wahrhaftig raised his rating on Cognizant to Outperform from Neutral and upped his price target to $70 from $56. Delving deeper, Wahrhaftig said Cognizant has seen a 70% increase in total contract value, which is a “key” forward indicator. However, first-quarter bookings grew 21% year-over-year to $29.6B in the trailing 12 months. “These deals are still in the early stages of converting to revenue, giving us increased confidence in CTSH’s ability to drive revenue growth into the back-half of this year,” Wahrhaftig added. “We also note these strong metrics were achieved within a softening discretionary spending environment, but management noted that discretionary spending is expected to modestly improve in 2H26 given the increasing deal momentum.” More on Cognizant Technology Cognizant Technology Solutions Corporation (CTSH) Presents at Cognizant AI Forum 2026 Prepared Remarks Transcript Cognizant Technology Solutions Corporation (CTSH) Presents at J.P. Morgan 54th Annual Global Technology, Media and Communications Conference Tr...
Check out the companies making headlines before the bell: Nvidia — Shares gained 2.3% after Nvidia announced a partnership with South Korean tech giant SK Hynix for advanced memory for its AI factory buildout. Marvell Technology , Flex — Marvell Technology gained almost 9%, while Flex shares popped 4%, after it was announced the two companies will be joining the S & P 500. The two names are replac...
Check out the companies making headlines before the bell: Nvidia — Shares gained 2.3% after Nvidia announced a partnership with South Korean tech giant SK Hynix for advanced memory for its AI factory buildout. Marvell Technology , Flex — Marvell Technology gained almost 9%, while Flex shares popped 4%, after it was announced the two companies will be joining the S & P 500. The two names are replacing Campbell's and Pool Corp. Nurix Therapeutics — Shares surged 24% after the biotech said it's collaborating with Roche to develop and commercialize bexobrutideg, a protein degrader used to treat cancers and autoimmune diseases. Honeywell — Shares gained slightly after Honeywell reaffirmed its 2026 outlook ahead of the Honeywell Aerospace spin-off.
Sundry Photography/iStock Editorial via Getty Images The results Ciena Corporation ( CIEN ) has published have beaten growth expectations in terms of EPS, as the consensus expected a figure around $1.46, and the final result came in at $1.64. Revenues were also above expectations, with $1.57B, representing 40% year-over-year growth, and in addition, adjusted gross margin also grew to 44.9%. As if ...
Sundry Photography/iStock Editorial via Getty Images The results Ciena Corporation ( CIEN ) has published have beaten growth expectations in terms of EPS, as the consensus expected a figure around $1.46, and the final result came in at $1.64. Revenues were also above expectations, with $1.57B, representing 40% year-over-year growth, and in addition, adjusted gross margin also grew to 44.9%. As if that were not enough, management raised its revenue guidance for the full FY26 to $6.3B, as well as the operating margin, which they expect to be 19%. Is that all? Not yet; the backlog also adds $600M and now closes around $7.7B, and finally, they announced the first multi-rail order with a hyperscaler for Hyper-Rail, validating the company's roadmap, which aimed to connect several data center campuses separated by hundreds of kilometers so they could function as a single cluster for AI model training. CIEN So, why is the stock falling this way? Is it sector-related, and are we looking at an opportunity? I think that, for this, it is better to first understand where the company's growth is coming from, starting with the historical core of Optical Networking, which represents around 70% of the sales mix. Here, what CIEN does is sell the systems that move data at high speeds through its fiber optic cables and at very low latency, between points separated by a considerable number of kilometers. It mainly does this with the RLS optical line and with Waveserver, which is the platform for connecting data centers to each other and which in the sector is known as data center interconnect (DCI). Precisely this last one is experiencing the most growth, considering that the space currently needed to train an AI model from a hyperscaler is more than just a single building. So this compute capacity must be distributed across several data center campuses. So here we have the first mystery solved behind that 42% year-over-year growth to $1.1B. Then, Routing and Switching, mainly with DCOM...
NVIDIA and SK hynix have announced a multiyear technology partnership aimed at developing next-generation memory to support the global buildout of AI factories. This collaboration is set to enhance memory supply aligned with NVIDIA's AI infrastructure roadmap and boost the advancement of semiconductor design and manufacturing by incorporating AI technologies. The partnership seeks to accelerate th...
NVIDIA and SK hynix have announced a multiyear technology partnership aimed at developing next-generation memory to support the global buildout of AI factories. This collaboration is set to enhance memory supply aligned with NVIDIA's AI infrastructure roadmap and boost the advancement of semiconductor design and manufacturing by incorporating AI technologies. The partnership seeks to accelerate the deployment of AI infrastructure by addressing the extended development cycles and capital...