Small-cap stocks outperformed the S&P 500 for two consecutive quarters, signaling broader market participation.
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Netflix shares jump 5% in a strong trading session
The streaming giant was a standout gainer within the tech-heavy Nasdaq-100 index.
Palantir upgraded to buy on competitive advantage and valuation
D.A. Davidson analyst Gil Luria cited the AI software and defense firm’s strong positioning.
Bending Spoons stock soars nearly 40% after Nasdaq debut
The Italian tech company’s shares extended gains a day after its public market debut.
Alphabet shares dip after losing European antitrust case
A European court upheld a 4.1-billion-euro fine against Google over anticompetitive Android practices.
US mortgage rates jump for the third straight week
The 30-year fixed rate rose 23 basis points to 6.40% while the 15-year fixed climbed to 5.86%.
Chinese markets open higher as investors turn bullish on AI-linked equities
Hong Kong’s Hang Seng and the CSI 300 both gained as Quantum Strategy flagged growing optimism on Chinese stocks.
Lockheed Martin nears $3.5 billion deal to acquire Ultra’s anti-submarine unit
Guggenheim and JPMorgan are advising on the sale of the defense technology business owned by Advent International.
OPEC+ agrees to raise oil output by 188,000 barrels a day for August
The producer group’s fifth consecutive monthly increase comes as Strait of Hormuz shipping gradually reopens.
Dow nears 53,000 milestone as Wall Street extends winning streak
U.S. stocks opened the week higher with the Dow closing in on a fresh all-time high above 53,000.