July 6, 2026 1:25 pm
Key Moments Broadcom Inc. (NASDAQ: AVGO) stock advanced 4% on Monday following news of an expanded chip supply agreement with Apple Inc. (NASDAQ: AAPL). The companies formalized new multi-year arrangements that extend their custom ASIC silicon collaboration out to 2031. Broadcom is reinforcing its Apple relationship while simultaneously building its artificial intelligence chip business with […]
Read moreJuly 6, 2026 12:55 pm
Key Moments Meta Platforms stock rose 1.4% in pre-market trading as it tried to claw back losses from the prior session. CEO Mark Zuckerberg acknowledged slower-than-anticipated AI agent progress and limited benefits so far from Meta’s reorganization. Reports of a new AI-focused cloud business and India’s regulatory pressure are shaping sentiment ahead of Meta’s July […]
Read moreJuly 6, 2026 11:40 am
Key Moments Key memory stocks advanced in premarket trading as analysts highlighted improving pricing and resilient AI-related demand. UBS lifted its DDR contract pricing and industry revenue forecasts, while characterizing the recent share price pullback as likely temporary. Citi and Bank of America reiterated bullish views on Micron, citing stronger AI CPU demand and rising […]
Read moreJuly 6, 2026 9:03 am
Key Moments Needham named Carvana (CVNA) its top idea and Conviction List pick within transportation technology. Analysts highlighted a mismatch between Carvana’s operational progress and a valuation near 20 times fiscal year 2027 estimates. Recent developments in reconditioning operations and internal software are seen as key drivers of efficiency and growth potential. Needham Elevates Carvana […]
Read moreJuly 6, 2026 8:35 am
Key Moments: Boeing has started a fourth 737 MAX final assembly line, dubbed the North Line, at its Everett, Washington, facility. The new Everett line mirrors the three existing 737 assembly lines in Renton and is not expected to support higher production rates before early 2027. Boeing is increasing 737 monthly output from 42 to […]
Read moreJuly 3, 2026 1:41 pm
Key Moments Stellantis produced 252,223 vehicles in Italy in the January-June 2026 period, a 13.7% increase year-on-year. The FIM Cisl union expects full-year 2026 production in Italy to reach around 500,000 vehicles, below the 750,000 units built in 2023. Passenger car output rose 27.7% to 158,193 units, while the Cassino plant was the main laggard […]
Read moreJuly 3, 2026 1:13 pm
Key Moments Blackstone’s QTS canceled its planned Digital Gateway data center project in Virginia and withdrew all related filings after years of planning and regulatory review. The project had faced sustained local opposition and litigation, despite receiving approval from the Prince William Board of County Supervisors. QTS said Virginia continues to be a core market, […]
Read moreJuly 3, 2026 8:59 am
Key Moments Asian-listed suppliers to Apple (NASDAQ:AAPL) rose after a report indicated higher production plans for upcoming iPhone models. Apple reportedly asked partners to gear up for about 10 million foldable iPhones this year, above an earlier 7 million to 8 million unit projection. Chipmakers Samsung Electronics (KS:005930) and SK Hynix Inc (KS:000660) rallied 7% […]
Read moreJuly 3, 2026 8:03 am
Key Moments Shares of several China-based Tesla suppliers advanced between 5% and 9% in Mainland trading. Tesla reported record second-quarter deliveries of 480,126 vehicles, supported by demand in Europe and modest growth in China. Lower-cost Model 3 and Model Y variants and a refreshed Model Y supported sales of China-produced vehicles. Supplier Stocks React to […]
Read moreJuly 3, 2026 7:50 am
Key Moments Moody’s Ratings placed South32’s Baa1/P-2 issuer and commercial paper ratings on review for downgrade after the miner agreed to sell key aluminium assets to Alcoa for up to $5.6 billion. The divestment covers operations that delivered about 37% of South32’s underlying earnings, on average, over the five fiscal years through 2025, which Moody’s […]
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