Market News
Latest financial news from across the markets
Daily Market Overview
The market saw a notable shift as value stocks gained traction, with analysts suggesting a pivot from tech-heavy investments to more traditional sectors. Microsoft reported strong cloud earnings, surpassing expectations with Azure revenue exceeding $100 billion, while Meta faced a decline in stock price due to light revenue guidance. In the retail sector, Starbucks raised its full-year outlook, boosting its stock, while Hims and Hers shares fell sharply following a lawsuit over data practices. Meanwhile, oil prices surged nearly 7% amid escalating tensions in the Middle East, impacting market sentiment.
Latest Market Updates
| Title | Published |
|---|---|
Value stocks get a moment in the sun: 'Sell semis, buy ketchup' Value stocks get a moment in the sun: 'Sell semis, buy ketchup' | less than a minute ago |
Chipotle hikes same-store sales forecast as diners return for burrito bowls Chipotle hikes same-store sales forecast as diners return for burrito bowls | less than a minute ago |
Hims and Hers shares fall 10% as FTC sues company over data, billing practices Hims and Hers shares fall 10% as FTC sues company over data, billing practices | less than a minute ago |
Stocks making the biggest moves after hours: Microsoft, Meta, Starbucks, Carvana and more Stocks making the biggest moves after hours: Microsoft, Meta, Starbucks, Carvana and more | 8 minutes ago |
Carvana posts record Q2 profits, expects up to $3 billion in earnings in 2026 Carvana posts record Q2 profits, expects up to $3 billion in earnings in 2026 | 8 minutes ago |
Jeff Gundlach says the bond market is signaling the Fed has to act on inflation Jeff Gundlach says the bond market is signaling the Fed has to act on inflation | 19 minutes ago |
Qualcomm to raise prices during memory crunch as chipmaker issues light guidance Qualcomm to raise prices during memory crunch as chipmaker issues light guidance | 21 minutes ago |
Value stocks get a moment in the sun: 'Sell semis, buy ketchup'
Value stocks get a moment in the sun: 'Sell semis, buy ketchup'
Chipotle hikes same-store sales forecast as diners return for burrito bowls
Chipotle hikes same-store sales forecast as diners return for burrito bowls
Hims and Hers shares fall 10% as FTC sues company over data, billing practices
Hims and Hers shares fall 10% as FTC sues company over data, billing practices
Stocks making the biggest moves after hours: Microsoft, Meta, Starbucks, Carvana and more
Stocks making the biggest moves after hours: Microsoft, Meta, Starbucks, Carvana and more
Carvana posts record Q2 profits, expects up to $3 billion in earnings in 2026
Carvana posts record Q2 profits, expects up to $3 billion in earnings in 2026
Jeff Gundlach says the bond market is signaling the Fed has to act on inflation
Jeff Gundlach says the bond market is signaling the Fed has to act on inflation
Qualcomm to raise prices during memory crunch as chipmaker issues light guidance
Qualcomm to raise prices during memory crunch as chipmaker issues light guidance