S&P 500 slips as Powell insists rate hikes aren't over; Tech gains stifle losses
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StreetInsider.com Top Tickers, 6/12/2026
- Wall Street ends higher as SpaceX's market debut dominates
- SpaceX prices historic IPO at $135/share in largest ever new listing
- 'Ocean of opportunity': Wolfe initiates SpaceX at Buy ahead of historic IPO
- UBS cuts gold price forecasts on delayed Fed easing outlook
- Brent falls to lowest since March on expected peace deal
- NASDAQ adds five companies to NASDAQ-100 index in quarterly rebalance
- Adobe CFO Dan Durn to depart company in June 2026
- Oppenheimer Starts SpaceX (SPCX) at Outperform, PT $190, 'space infrastructure appears structurally advantaged'
- Pentagon reportedly locked down, hazmat teams responding
- Super Micro Computer establishes $1.25 billion stock sale agreement
XPeng (XPEV) climbs after G6 priced below Tesla (TSLA) Model Y
June 30, 2023 1:12 PM EDTShares of Xpeng Inc. (NYSE: XPEV) are up nearly 14% and counting on Friday after the Chinese electric automaker revealed the starting price for the companys new G6 smart SUV is about 20% below the cost of Teslas (NASDAQ: TSLA) Model Y in the country.
The pricing comes at a time when EV giant Tesla's sales China... More
Carnival (CCL) now seen as 'long-term investment case' at Jefferies
June 30, 2023 8:00 AM EDTCarnival Corp. (NYSE: CCL) was upgraded to Buy from Hold at Jefferies on Friday, with analyst David Katz raising the target price for the stock to $25 from $9 per share in a note.
Katz told investors that the leadership change, supply and demand recovery,... More
Polestar (PSNY) to adopt Tesla's (TSLA) NACS in US and Canada
June 29, 2023 9:51 AM EDTSwedish automaker, Polestar (NASDAQ: PSNY) announced Thursday that they have signed an agreement with Tesla (NASDAQ: TSLA) to adopt the North American Charging Standard (NACS), allowing access to Teslas expansive Supercharger network for all Polestar drivers in the United States and Canada.
The press release detailed the companys plans to include the... More
Micron Technology (MU) gains 4.5% on Q3 beat and guidance
June 28, 2023 4:05 PM EDTMicron Technology (NASDAQ: MU) gains 4.5% on Q3 beat and not horrible guidance:
MU reported Q3 EPS of ($1.43), $0.16 better than the analyst estimate of ($1.59). Revenue for the quarter came in at $3.75 billion versus the consensus estimate of $3.67 billion.MU sees Q4 2023 EPS of... More