The largest part of the economy grew faster in May even as businesses had to cope with the worst inflation in several years, but it came at a cost to jobseekers. Many companies have adopted temporary hiring freezes to offset their own rising costs.
The largest part of the economy grew faster in May even as businesses had to cope with the worst inflation in several years, but it came at a cost to jobseekers. Many companies have adopted temporary hiring freezes to offset their own rising costs.
MMM and media optimization company powers measurement for global brands including Unilever, Burger King and Reckitt, as a large implementation partner for Google's Meridian globally Uncover Founders Uncover Founders SÃO PAULO, June 03, 2026 (GLOBE NEWSWIRE) -- Uncover, Latin America's leading Marketing Mix Modeling (MMM) and media measurement platform, today announced a $16 million Series A led by...
MMM and media optimization company powers measurement for global brands including Unilever, Burger King and Reckitt, as a large implementation partner for Google's Meridian globally Uncover Founders Uncover Founders SÃO PAULO, June 03, 2026 (GLOBE NEWSWIRE) -- Uncover, Latin America's leading Marketing Mix Modeling (MMM) and media measurement platform, today announced a $16 million Series A led by Cloud9 Capital, with participation from ABSeed Ventures and Endeavor. Already profitable and workin
Medline ( MDLN ) shares slipped for the fourth consecutive session on Wednesday after the FDA issued a warning letter regarding several manufacturing lapses at a company’s production facility in Illinois. The letter addressed to Medline ( MDLN ) CEO Jim Boyle followed violations of Current Good Manufacturing Practices for pharmaceutical products found at the company's Waukegan, Illinois, facility ...
Medline ( MDLN ) shares slipped for the fourth consecutive session on Wednesday after the FDA issued a warning letter regarding several manufacturing lapses at a company’s production facility in Illinois. The letter addressed to Medline ( MDLN ) CEO Jim Boyle followed violations of Current Good Manufacturing Practices for pharmaceutical products found at the company's Waukegan, Illinois, facility during an FDA inspection in October last year. The violations included failure to investigate lapses in manufacturing standards and separate specific areas within manufacturing operations to prevent potential contamination. The letter dated June 2 followed another FDA warning letter Medline ( MDLN ) received in March regarding violations related to the production of its NAMIC Angiographic Control Syringes at a New York site in December. “You should immediately and comprehensively assess your company’s global manufacturing operations to ensure that systems, processes, and the products manufactured conform to FDA requirements,” the agency said. Medline ( MDLN ) has 15 working days to respond, detailing the actions it has taken to address the violations. The FDA threatened to take regulatory actions, including a pause in issuing export certificates, if the company fails to take remedial measures. Medline ( MDLN ) did not immediately respond to a request for comments. More on Medline Inc. Medline Inc. 2026 Q1 - Results - Earnings Call Presentation Medline Inc. (MDLN) Q1 2026 Earnings Call Transcript Medline: A Lack Of Compelling Risk-Reward Makes Me Cautious Medline holders price 72.6M-share secondary offering at $37/share Blackstone, Hellman & Friedman-backed holders selling Medline shares in offering
Microsoft (NASDAQ: MSFT) is facing investor scrutiny over its lofty AI spending plans, but its enterprise ecosystem may be strengthening. Azure, Copilot, Microsoft 365, GitHub, and security products give Microsoft multiple ways to monetize AI across infrastructure and software. I
Microsoft (NASDAQ: MSFT) is facing investor scrutiny over its lofty AI spending plans, but its enterprise ecosystem may be strengthening. Azure, Copilot, Microsoft 365, GitHub, and security products give Microsoft multiple ways to monetize AI across infrastructure and software. I
FEATURE The insatiable chip stocks rally was marching on Wednesday but software continued to come under pressure. Investor concerns around private credit also hit the market. Red-hot semiconductor names may not be enough to extend the S&P 500’s nine-day winning run to a 10th day, though—and it’s longest streak since 1995.
FEATURE The insatiable chip stocks rally was marching on Wednesday but software continued to come under pressure. Investor concerns around private credit also hit the market. Red-hot semiconductor names may not be enough to extend the S&P 500’s nine-day winning run to a 10th day, though—and it’s longest streak since 1995.
The iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) closed last week at $109.36, up about 6.5% over the past year as the Fed cut rates three times between October and December. That total-return tailwind is real, but LQD has gone almost nowhere over five years (+0.55% in price), and the setup heading into ... Corporate Bond Spreads Are Tightening Fast. What It Means for LQD in 2...
The iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) closed last week at $109.36, up about 6.5% over the past year as the Fed cut rates three times between October and December. That total-return tailwind is real, but LQD has gone almost nowhere over five years (+0.55% in price), and the setup heading into ... Corporate Bond Spreads Are Tightening Fast. What It Means for LQD in 2026
Cotton price action is down 55 to 81 points so far on Wednesday. Futures posted gains of 38 to 73 points in most contracts on Tuesday. The US dollar index was up $0.023 at $99.170. Crude Oil was $1.23 higher to $93.39 The weekly NASS Crop Progress report showed 66%...
Cotton price action is down 55 to 81 points so far on Wednesday. Futures posted gains of 38 to 73 points in most contracts on Tuesday. The US dollar index was up $0.023 at $99.170. Crude Oil was $1.23 higher to $93.39 The weekly NASS Crop Progress report showed 66%...
Corn price action is steady to a penny higher so far on Wednesday morning. Futures closed the Tuesday session with the weakness continuing, as contracts were down 2 ½ to 6 cents across the board, led by the new crop months. Open interest suggested new selling interest up 13,907 contracts....
Corn price action is steady to a penny higher so far on Wednesday morning. Futures closed the Tuesday session with the weakness continuing, as contracts were down 2 ½ to 6 cents across the board, led by the new crop months. Open interest suggested new selling interest up 13,907 contracts....
In early trading on Wednesday, shares of Intel topped the list of the day's best performing components of the S&P 500 index, trading up 8.2%. Year to date, Intel registers a 216.5% gain. And the worst performing S&P 500 component thus far on the day is Fair Isaac, trad
In early trading on Wednesday, shares of Intel topped the list of the day's best performing components of the S&P 500 index, trading up 8.2%. Year to date, Intel registers a 216.5% gain. And the worst performing S&P 500 component thus far on the day is Fair Isaac, trad
ASML Holding NV became Europe’s most valuable company ever after a 60% year-to-date advance fueled by a clamor for stocks with exposure to the buildout of artificial intelligence data centers. ASML shares rose as much as 2.3% on Wednesday, giving the Dutch maker of chipmaking gear a market capitalization equivalent to $674 billion. That eclipsed the previous record set by Danish drugmaker Novo Nor...
ASML Holding NV became Europe’s most valuable company ever after a 60% year-to-date advance fueled by a clamor for stocks with exposure to the buildout of artificial intelligence data centers. ASML shares rose as much as 2.3% on Wednesday, giving the Dutch maker of chipmaking gear a market capitalization equivalent to $674 billion. That eclipsed the previous record set by Danish drugmaker Novo Nordisk A/S in June 2024, according to data compiled by Bloomberg. ASML is this year’s second-best performer in the blue-chip Euro Stoxx 50 Index, yet it has underperformed a basket of semiconductor stocks that has nearly doubled. The Dutch firm became Europe’s biggest listed company in September, overtaking software maker SAP SE . It has consolidated the lead since then, with its market value now exceeding the combined total of the next two largest firms — HSBC Holdings Plc and Roche Holding AG. The latest gain in ASML shares came after analysts turned more bullish on the company’s ability to supply advanced tools to clients like Taiwan Semiconductor Manufacturing Co. and Samsung Electronics Co. Some investors have questioned whether the company can boost its capacity fast enough to supply chipmakers that are also expanding production lines. JPMorgan Chase & Co. analysts raised their price target on ASML to among the highest across Wall Street brokers on Wednesday, saying investors are “behind the curve” on the number of tools that the company is able to sell for next two years. UBS Group AG also raised estimates on ASML last month, naming the stock as a top pick.
JHVEPhoto/iStock Editorial via Getty Images For decades, Micron Technology, Inc. ( MU ) was a stock most investors traded, not something they kept. We picked it up when the crowd had given up, and unloaded once again when everyone suddenly loved- at least that was the idea. Regardless, the whole trick was, like the childhood game Musical Chairs, to get out before the music stopped, and that rhythm...
JHVEPhoto/iStock Editorial via Getty Images For decades, Micron Technology, Inc. ( MU ) was a stock most investors traded, not something they kept. We picked it up when the crowd had given up, and unloaded once again when everyone suddenly loved- at least that was the idea. Regardless, the whole trick was, like the childhood game Musical Chairs, to get out before the music stopped, and that rhythm has held for a remarkably long time- since 1984 when Micron went public. Today, though, things have changed. And with the stock trading at its all-time highs, one must wonder if the smart money has already made. But by the time you reach the end, I’m sure you’ll find the case speaks for itself. Spoiler: I maintain a Strong Buy rating on Micron Technology. Where does Micron stock sit? Before we get to anything else, let’s look at where MU stock is right now and see why it’s still worth starting a position at these levels despite all the gains. Seeking Alpha At the time of publication, Micron stock trades at around $1,064 a share. So far, the stock is up 273% since the beginning of the year and nearly 985% over the past 52 weeks. Traditionally, those aren’t the kind of gains a memory company is supposed to put up, and yet here we are. Now, as you can see from that chart above, a considerable chunk of that gain showed up from late March 2026 onwards, which is also when the market finally connected Micron’s record results to the staying power of the AI buildout, as well as the cooling-off of interest rates, which also sent many high-growth stocks to greater heights. Typically, a run like that should make anyone cautious, largely because Micron has already nearly tripled in a year, which means the easy money has been made, and the burden has shifted onto the fundamentals to back up the price. So, the angle worth looking at now isn’t how high the stock has climbed, but what investors entering at over $1,000 are actually paying for, and whether there’s any upside left. Is Micron ...
JHVEPhoto/iStock Editorial via Getty Images For decades, Micron Technology, Inc. ( MU ) was a stock most investors traded, not something they kept. We picked it up when the crowd had given up, and unloaded once again when everyone suddenly loved- at least that was the idea. Regardless, the whole trick was, like the childhood game Musical Chairs, to get out before the music stopped, and that rhythm...
JHVEPhoto/iStock Editorial via Getty Images For decades, Micron Technology, Inc. ( MU ) was a stock most investors traded, not something they kept. We picked it up when the crowd had given up, and unloaded once again when everyone suddenly loved- at least that was the idea. Regardless, the whole trick was, like the childhood game Musical Chairs, to get out before the music stopped, and that rhythm has held for a remarkably long time- since 1984 when Micron went public. Today, though, things have changed. And with the stock trading at its all-time highs, one must wonder if the smart money has already made. But by the time you reach the end, I’m sure you’ll find the case speaks for itself. Spoiler: I maintain a Strong Buy rating on Micron Technology. Where does Micron stock sit? Before we get to anything else, let’s look at where MU stock is right now and see why it’s still worth starting a position at these levels despite all the gains. Seeking Alpha At the time of publication, Micron stock trades at around $1,064 a share. So far, the stock is up 273% since the beginning of the year and nearly 985% over the past 52 weeks. Traditionally, those aren’t the kind of gains a memory company is supposed to put up, and yet here we are. Now, as you can see from that chart above, a considerable chunk of that gain showed up from late March 2026 onwards, which is also when the market finally connected Micron’s record results to the staying power of the AI buildout, as well as the cooling-off of interest rates, which also sent many high-growth stocks to greater heights. Typically, a run like that should make anyone cautious, largely because Micron has already nearly tripled in a year, which means the easy money has been made, and the burden has shifted onto the fundamentals to back up the price. So, the angle worth looking at now isn’t how high the stock has climbed, but what investors entering at over $1,000 are actually paying for, and whether there’s any upside left. Is Micron ...
Alexey_Fedoren Wall Street opened lower Wednesday as the U.S. and Iran engaged in fresh strikes as the fragile ceasefire seemed to have wavered. Investors also assessed a fresh round of economic data. S&P 500 ( SP500 ) -0.4%, the Dow ( DJI ) -0.8%, and the Nasdaq Composite ( COMP:IND ) -0.4%. The fragile U.S.-Iran ceasefire neared total collapse after U.S. airstrikes on Iran's Qeshm Island trigger...
Alexey_Fedoren Wall Street opened lower Wednesday as the U.S. and Iran engaged in fresh strikes as the fragile ceasefire seemed to have wavered. Investors also assessed a fresh round of economic data. S&P 500 ( SP500 ) -0.4%, the Dow ( DJI ) -0.8%, and the Nasdaq Composite ( COMP:IND ) -0.4%. The fragile U.S.-Iran ceasefire neared total collapse after U.S. airstrikes on Iran's Qeshm Island triggered a retaliatory ballistic missile and drone blitz targeting American military bases in Kuwait and Bahrain. Oil prices advanced, with Brent crude ( CO1:COM ) topping $97 a barrel. U.S. private sector employment increased by 122K in May, roughly in line with the +120K consensus and strengthening from +105K in April (revised from +109K), according to data released by ADP. Elsewhere on the U.S. economic calendar, the PMI Composite Index was revised to 51.5 from 51.7 in the initial May reading, compared with April's final reading of 51.7. In addition, May ISM Services PMI Index was 54.5 vs. 53.7 consensus and 53.6 in April, and April Factory Orders also rose more than expected. U.S. Treasury yields moved higher across the curve. The 10-year Treasury yield ( US10Y ) rose 3 basis points to 4.48%, the 2-year Treasury yield ( US2Y ) added 3 basis points to 4.08%, and the 30-year Treasury yield ( US30Y ) climbed 3 basis points to 4.98%. More on markets Fasten Your Seatbelt More Data Showing A Weirdly Decent Labor Market Why The "AI Mania" May End Badly At a glance: stocks gapping down premarket