STOCKS & BOND NEWS

The S&P 500 added 0.4% on Tuesday, June 25, 2024, as a tech rebound helped the benchmark index notch its first daily gain since its record close a week ago.Shares of cruise operators soared after Carnival Corp. announced an unexpected quarterly profit, boosted by higher ticket prices and increased onboard …

The S&P 500 fell 0.3% on Monday, June 24, 2024, opening a week that will feature key economic reports including the Federal Reserve’s preferred gauge of inflation.Crude oil futures moved higher amid heightened tensions in the Middle East and signals of strong summer gasoline demand, helping lift stocks across the …

SolarEdge Technologies said one of its customers has filed for bankruptcy and likely won’t be able to pay the $11.4 million it owes.In addition, the company warned that it expects that it spent $150 million in free cash in the current quarter.SolarEdge also announced it is selling $300 million in …

American depositary receipts (ADRs) of Danish drugmaker Novo Nordisk (NVO) rose Tuesday on the New York Stock Exchange (NYSE) after the company announced that its popular weight-loss drug Wegovy has been approved to start being sold in China. The treatment for overweight and obese patients was approved “recently” by China’s …

Key Takeaways Broadcom shares fell nearly 4% on Monday, joining a sell-off in other leading chipmakers, as investors booked profits in some of this year’s best performing stocks that have ridden Wall Street’s AI wave. Momentum appeared to shift in Broadcom shares last Tuesday after the stock climbed to a …

Key Takeaways Spirit AeroSystems shares dropped in pre-market trading Tuesday following reports Boeing changed the terms of its all-cash offer to reacquire the company for a mostly stock deal valuing Spirit at about $35 per share. If accepted, that offer would represent a premium of about 6% to Spirit’s closing …