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Wall St gains as chips rebound, Middle East tensions ease
By Sruthi Shankar and Twesha Dikshit June 8 (Reuters) - Wall Street's major indexes rose on Monday, as chipmakers bounced back from a sharp selloff last week, while investors took comfort from signs of cooling... More
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- Nvidia's Huang calls chip sell-off a buying opportunity
- Further ~2% downside in Nasdaq could trigger broader CTA unwinds, BofA warns
- Cerebras jumps 4% as analysts launch bullish coverage
- Analysts boost SanDisk stock targets as pricing trends remain strong
- Data center boom drives UBS upgrade of Cummins, shares rise premarket
- 3 chip stocks to buy after recent SOX pullback: Citi
- BTIG's Krinsky sees ~10% more downside for tech stocks
- After a 40% rally, Baird still sees upside in Crocs
- Strategy resumes bitcoin buying spree, quelling market panic
- Corning stock surges 10% on multibillion-dollar Amazon deal
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Oil prices pare gains after Iran and Israel say they have halted attacks
By Arathy Somasekhar HOUSTON, June 8 (Reuters) - Oil prices pared gains that had lifted them more than 5% on Monday after Iran and Israel said they had halted attacks on each other following an appeal... More
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Tech stocks gain as Trump mulls government stake in AI companies
Investing.com -- U.S. President Donald Trump said Friday his team is exploring the idea of AI companies giving the American public a stake in their firms, and that he plans to... More
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Morgan Stanley’s Wilson calls Friday U.S. selloff a "healthy reset"
Investing.com -- Friday's sharp equity selloff was a necessary and ultimately constructive development for the bull market's longevity, Morgan Stanley chief U.S. equity strategist Michael Wilson said in a note on Monday,... More
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Hedge funds loaded up on equities ahead of sharp Friday drop
Investing.com -- Hedge funds purchased global equities at the largest net dollar amount in four months in the week through June 4, just days before a sharp U.S. market selloff on Friday, according... More
Monday, June 08, 2026 1:33 PM EDT
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Latest StreetInsider Headlines
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- 01:30 PM Coast Guard Incident Commander for Operations and Historian Reveal the Untold Story of the JFK Jr. Search Mission in New Book, The Last Flight, Publishing October 13, 2026
- 01:30 PM Tegria Names Craig Mengert as Chief Executive Officer
- 01:30 PM Kroger Helps Customers Save Up to $35* on Their Next Fill-Up This Summer
- 01:30 PM National Fabrizio-Ward Poll Finds Strong Support for Ending Industrial-Scale Forage Fishing in U.S. Waters
- 01:29 PM Photocure and Artera to partner on digital pathology AI test evaluation for Bladder Cancer
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13Fs
- Berkshire exits Visa, MasterCard, Domino's Pizza
- Macy's (M) gains as Berkshire shows new stake
- UnitedHealth Group (UNH) falls as Berkshire exits stake
ACCESS Newswire
- National Fabrizio-Ward Poll Finds Strong Support for Ending Industrial-Scale Forage Fishing in U.S. Waters
- Brian Ferdinand Explores Intelligent Investment Strategies Amid Growing Market Complexity
- SMX and The Age of Parity: The Affordability Solution Hiding in Recycled Plastic
Analyst Comments
- Nurix (NRIX) PT Raised to $45 at Jefferies
- TD Cowen on Establishment Labs Inc. (ESTA): 'We're Bullish On US Recon Opportunity'
- Kymera Therapeutics (KYMR) PT Raised to $97 at Brookline Capital Markets
Analyst PT Change
- Nurix (NRIX) PT Raised to $45 at Jefferies
- Nurix (NRIX) PT Raised to $45 at Jefferies
- Kymera Therapeutics (KYMR) PT Raised to $97 at Brookline Capital Markets
Board Changes
- Microsoft board member Reid Hoffman to step down at 2026 meeting
- Upwork adds two new board directors following annual meeting
- AbCellera appoints Dr. Victor Sandor to board of directors
Business Wire
- Coast Guard Incident Commander for Operations and Historian Reveal the Untold Story of the JFK Jr. Search Mission in New Book, The Last Flight, Publishing October 13, 2026
- Tegria Names Craig Mengert as Chief Executive Officer
- AdvoCare® Showcases Summer Sleep Support with Sleep Gummies and SleepWorks®
Commodities
- Jefferies raises base metals forecasts on demand outlook
- Morgan Stanley sees US copper tariff decision as key risk event
- Natural Gas Inventory 95 bcf vs 99 bcf Expected
Corporate News
- Smith+Nephew completes first surgeries with new CORI XT robotics platform
- Brookfield Real Assets Income Fund names new portfolio manager
- Optimi Health secures ibogaine supply for drug development
Cryptocurrency
- Strategy acquires 1,550 bitcoin
- NewGenIVF invests additional $4 million in K25.ai at $100 million valuation
- NewGenIVF invests additional $4 million in K25.ai, adopts digital asset strategy
Dividends
- Strategy shareholders approve semi-monthly STRC dividend payments
- Popular declares dividend on preferred stock and trust securities
- Academy Sports and Outdoor (ASO) Declares $0.15 Quarterly Dividend; 1.2% Yield
Downgrades
- H.C. Wainwright Downgrades ADC Therapeutics (ADCT) to Neutral
- Goldman Sachs Downgrades Japan Aviation Electronics Industry, Limited (6807:JP) (JPAVF) to Sell
- Goldman Sachs Downgrades Nitto Denko (6988:JP) (NDEKY) to Neutral
Earnings
- Motorcar Parts of America (MPAA) Tops Q4 EPS by 14c; offers guidance
- Duluth Holdings Inc. (DLTH) Tops Q1 EPS by 19c; offers outlook
- Optical Cable Corp. (OCC) Reports Q2 EPS of $0.12
Economic Data
- NY Fed 1-Yr Inflation Expectations 3.46% vs 3.7% Expected
- U.S. economy adds 172,000 jobs in May, topping expectations
- Canada job market surges as employment rises by 88,000 in May
Equity Offerings
- HCW Biologics (HCWB) files for 5.69M share offering by selling stockholders
- eXoZymes prices $5.33 million public offering at $18 per unit
- Southern Co. enters equity distribution agreement with multiple banks
FDA
- GeoVax highlights research supporting cancer treatment platform
- AIM ImmunoTech reports progress in pancreatic cancer drug trial
- MetaVia reports obesity drug achieves 9.1% weight loss in phase 1 study
Fed
- Fed risks fueling a stock bubble by overlooking AI-driven inflation: BCA
- Economic activity increased at a slight to moderate pace - Beige Book
- Fed's Williams says monetary policy in right place, no rate changes needed
Globe Newswire
- VisitMalta Celebrates Historic Delta Air Lines Inaugural Nonstop Service from New York’s JFK with Destination-inspired Gate Celebration
- ASKO DW60 dishwasher series sets a new benchmark in capacity, hygiene, and near-silent performance
- Over 100 Organizations Launch Blood Advocacy Week 2026 Urging Congress to Make the Blood Supply a National Priority
Guidance
- Motorcar Parts of America (MPAA) Tops Q4 EPS by 14c; offers guidance
- Duluth Holdings Inc. (DLTH) Tops Q1 EPS by 19c; offers outlook
- Hyperion DeFi maintains 2026 guidance despite partner exits
Hedge Funds
- Hedge funds loaded up on equities ahead of sharp Friday drop
- Medallion Financial responds to ZimCal proxy contest allegations
- Forager Capital to vote against REPAY board nominees
Insiders' Blog
- 7 Things to Know About Allbirds' (BIRD) Upcoming $2 Billion IPO
- HireRight (HRT) IPO: 9 Things to Know About the Upcoming Offering
- Udemy (UDMY) IPO: 7 Things to Know About Upcoming $4 Billion IPO
IPOs
- Spacex's Nasdaq IPO Is Said To Be Well Oversubscribed - Bloomberg
- History shows upcoming IPOs may dampen forward market returns: BCA
- Bending Spoons files for IPO on NASDAQ under BSP ticker
Market Check
- S&P 500, Nasdaq futures climb as chip stocks stabilize
- Wall Street ends sharply lower as chips slide, jobs data fuels rate hike fears
- Dow claims record closing high, S&P 500 advances; chip selloff weighs on Nasdaq
Mergers and Acquisitions
- Diana Shipping narrows proxy contest to two nominees for Genco board
- Stark Power to acquire Sagebrush Infrastructure for 5.6 GW data center pipeline
- Galmed to acquire Colospan for $4.5 million in medical device deal
New Coverage
- HSBC Starts IDFC First Bank Ltd (IDFCFB:IN) at Buy
- HSBC Starts Belrise Industries Ltd (BELRISE:IN) at Buy
- Pickering Energy Partners Starts EagleRock Land (EROK) at Outperform
Newsfile
- Reiturn Begins Equity Crowdfunding Round, Opening Real Estate Investment Platform to the Public
- Centurion One Capital Celebrates the Success of its Inaugural Miami Summit at the Iconic Faena Forum
- Adia Nutrition Launches Dynamic New Subsidiary ADIA Life LLC in Florida to Supercharge Distribution and Unlock a Full Spectrum of Life-Transforming Wellness Solutions
Press Releases
- AMPERA Establishes Australian Subsidiary to Secure Thorium Supply and Support U.S. Advanced Nuclear Fuel Production
- MEALS ON WHEELS AMERICA AND PETSMART CHARITIES REACH NEW MILESTONE: 20 MILLION PET MEALS DELIVERED TO HOMEBOUND SENIORS AND THEIR PETS
- Prisma ERP Targets Industrial Leaders
Private Company News
- OpenAI Valued At $852 Billion After Closing $122 Billion Round - Bloomberg
- OpenAI to acquire Python developer tools company Astral
- OpenAI raises $110B at $730B valuation from SoftBank, NVIDIA, Amazon
PRNewswire
- AMPERA Establishes Australian Subsidiary to Secure Thorium Supply and Support U.S. Advanced Nuclear Fuel Production
- MEALS ON WHEELS AMERICA AND PETSMART CHARITIES REACH NEW MILESTONE: 20 MILLION PET MEALS DELIVERED TO HOMEBOUND SENIORS AND THEIR PETS
- InventHelp Inventor Develops New Air Freshener Product (HOF-864)
Reuters
- Airline chiefs slam engine makers for delays at industry summit
- As Apple's WWDC conference kicks off, investors want to know if AI will save Siri
- Great white shark caught on underwater footage during Mediterranean clean-up
SEC Filings
- Form FWP BMO 2026-5C15 Mortgage Filed by: BMO Commercial Mortgage Securities LLC
- Form 424B2 CITIGROUP INC
- Form D Algae Cooking Club, Inc.
