Market News
Breaking market news and updates

J.B. Hunt Warns Q3 Earnings Will Fall 5%-10% From Q2 as Costs Rise; Shares Drop as Much as 9%-10%
J.B. Hunt told investors at the Morgan Stanley Laguna Conference that Q3 earnings will fall 5%-10% from Q2 on rising costs, sending shares down as much as 9%-10% and prompting price-target cuts at Barclays and Bank of America.

Von der Leyen Offers Canada Path to Become EU's First 'Associate Member'
European Commission President Ursula von der Leyen proposed that Canada become the EU's first associate member during her State of the European Union address, a shift beyond the existing CETA trade pact, CNBC and POLITICO Europe reported.

SK Hynix and Intel in Early Talks Over First-Ever U.S. Memory Chip Production, Reuters Reports
SK Hynix is in early, exploratory talks with Intel about making memory chips in the U.S. for the first time, possibly at Intel's delayed Ohio campus, Reuters reported, citing three sources.

Senate Blocks Clarity Act in Failed Cloture Vote, Crypto Markets Slide
The Senate blocked the Clarity Act crypto market structure bill in a failed cloture vote, with unresolved ethics disputes over Trump family crypto profits cited as a sticking point as bitcoin, Coinbase and Circle shares fell.

Boeing Said to Near Revived 150-Jet 737 MAX Deal With Turkish Airlines After Engine-Maintenance Dispute
Reuters reports Boeing is nearing a revived 150-jet 737 MAX order with Turkish Airlines after an engine-maintenance dispute delayed the deal, matching a September 2025 commitment tied to the airline's 2033 fleet-expansion goal.

Stock Market Today: Energy Leads While S&P 500 Slips
Energy led the session while the S&P 500 slips. See the validated market scorecard, sector performance, and what traders are watching next.

Skyworks and Qorvo Shares Jump as Outlets Offer Competing Explanations for the Move
Skyworks and Qorvo shares jumped in Tuesday midday trading, but outlets differ on why: Seeking Alpha cited merger progress, CNBC pointed to an AI sell-off rebound, and Yahoo Finance said no company announcement accounted for the move.

Meta Launches Meta One Subscription Tiers Starting at $2.99 a Month Across Instagram, Facebook and WhatsApp
Meta has launched Meta One, a tiered subscription starting at $2.99 a month across Instagram, Facebook, WhatsApp and Meta AI, adding AI features while core app functions stay free, per WTAQ and Yahoo Finance.

Forgent Power Solutions Reports 94% Fourth-Quarter Revenue Growth, Record $3.0 Billion Backlog, Guides Fiscal 2027 Revenue to $2.4–$2.6 Billion
Forgent Power Solutions reported 94% fourth-quarter revenue growth, a record $3.0 billion backlog and initial fiscal 2027 revenue guidance of $2.4-$2.6 billion, alongside a $35 million Tijuana capacity expansion.

Dave & Buster's Swings to $12.5 Million Second-Quarter Loss as Comparable Sales Fall 2.9%
Dave & Buster's reported a $12.5 million second-quarter net loss and a 2.9% comparable sales decline, with entertainment revenue falling and food and beverage revenue rising, even as adjusted free cash flow improved.
Analog Devices to Acquire Alif Semiconductor in Deal Worth Up to $1.55 Billion
Analog Devices has agreed to acquire privately held Alif Semiconductor for $1.35 billion upfront, plus up to $200 million in contingent payments, expanding ADI's edge-AI microcontroller portfolio.

Kimberly-Clark Readies EU Concessions to Clear Path for $40 Billion Kenvue Deal, Sources Say
Kimberly-Clark is preparing concessions, including possible asset sales, to address EU antitrust concerns over its $40 billion Kenvue acquisition, according to people familiar with the matter, as the European Commission prepares to formally raise its objections.
Stop watching.
Start winning.
50,000+ traders get our daily brief before the market opens.
You're subscribed!
Check your inbox.
Free. No spam. Unsubscribe anytime.
