June 15, 2026 1:12 pm
Key Moments Tripadvisor Inc. (NASDAQ:TRIP) shares climbed 14% after agreeing to sell TheFork to American Express for $700 million in cash. The divestiture is intended to sharpen Tripadvisor’s focus on its Experiences business and enhance capital return flexibility. TheFork generated $232 million in last-twelve-months revenue and $28 million in adjusted EBITDA as of the first […]
Read moreJune 15, 2026 12:54 pm
Key Moments U.S. equity futures advanced, with Nasdaq 100 Futures rising 2.1% as technology and AI-related stocks strengthened. Micron Technology surged nearly 7.9% in premarket trading after multiple analysts sharply raised their price targets. Traws Pharma slumped 16.4% following a negative regulatory review that delayed a key Phase 2a influenza study. Index Futures Jump on […]
Read moreJune 15, 2026 12:46 pm
Key Moments Datadog (NASDAQ:DDOG) climbed +4.7% in pre-market trading to $240.80 after Truist Securities upgraded the stock from Hold to Buy with a new $300 price target. BMO Capital lifted its price target on DDOG to $260 from $220 while reiterating an Outperform rating, extending a series of bullish revisions following Datadog’s first-quarter 2026 results. […]
Read moreJune 15, 2026 9:08 am
Key Moments Deutsche Bank moved its view on U.S. vs European equities to neutral. It reacted to a preliminary U.S.-Iran agreement and lower geopolitical risk. A memorandum of understanding is expected on Friday in Switzerland. At the same time, markets expect the Strait of Hormuz to reopen. In addition, Deutsche Bank sees the earnings gap […]
Read moreJune 15, 2026 7:59 am
Key Moments Morgan Stanley upgraded Ferrari (NYSE:RACE) (BIT:RACE) to Overweight from Equal Weight and raised its price target to €380 from €330. Ferrari shares had dropped about 26% over the past 12 months, while 2026-27 consensus earnings estimates were cut by only around 4%. Dealer feedback in the U.S. and Europe indicated residual values are […]
Read moreJune 15, 2026 7:50 am
Key Moments SpaceX shares surged 19% in their first Nasdaq session, lifting the company’s market value to $2.1 trillion. The $75 billion IPO generated more than 510 million shares traded, worth about $84 billion, despite SpaceX being unprofitable. Retail investors received around 20% of the IPO allocation, while early backer Sequoia Capital saw its $2 […]
Read moreJune 12, 2026 2:29 pm
Key Moments Shareholder repurchase requests reached approximately 5.3% of outstanding shares in the second quarter of 2026, breaching the fund’s 5% quarterly cap for the first time since June 2022. The fund plans to honor repurchases up to its 5% framework limit, or about $83 million of shares, based on outstanding shares as of March […]
Read moreJune 12, 2026 2:13 pm
Key Moments Shell paused its $3 billion share buyback program starting June 12. The suspension is set to remain in place through market close on July 14. The pause is linked to requirements associated with Shell’s deal with ARC Resources. Buyback Program Put on Hold June 12 (Reuters) – Shell announced on Friday that it […]
Read moreJune 12, 2026 1:01 pm
Key Moments BP has begun a process to market minority interests in its Kaskida and Tiber Gulf of Mexico projects, according to four people familiar with the situation. Each project is expected to have production capacity of 80,000 barrels of oil per day, with start-up targeted for 2029 at Kaskida and 2030 at Tiber. The […]
Read moreJune 12, 2026 12:43 pm
Key Moments Oracle’s remaining performance obligation climbed 15% sequentially to nearly $640 billion, up 363% from a year earlier. Quarterly revenue increased 20.8%, topping expectations by 60 basis points, while cloud services rose 47% and now represent 51.5% of total business. Shares dropped nearly 10% in after-hours trading following earnings and guidance, despite record GAAP […]
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