In June, U.S. large-cap stocks cooled, with the S&P 500 ETF dropping 1%, mainly due to selling pressure on the Mag 7 megacaps. Meanwhile, small and mid-cap stocks outperformed, led by a 3% rise in the Russell 2000 ETF. The Health Care and Industrials sectors showed strong gains. Despite a strong labor market and resilient consumer spending supporting GDP growth, inflation appears to have peaked, leaving uncertainty about the Federal Reserve's next move. The S&P 500 trades just above 20 times earnings, raising concerns about peak earnings amid rising AI-driven profit estimates, while seasonality suggests potential gains in July.
Shirofune has introduced Walmart Connect, an integration that allows advertisers and agencies to manage Walmart retail media campaigns alongside other digital channels within a single platform. This automation reduces manual bid adjustments and repor...
Purecore Metals Inc. has signed a non-binding letter of intent with Skyharbour Resources to acquire an option to earn up to 100% interest in the Yurchison uranium property in Saskatchewan's Athabasca Basin. The property covers over 35,000 hectares an...
Point completed a $508.6 million rated asset-backed securitization of its Home Equity Investment (HEI) assets, marking the largest transaction ever in the HEI asset class. The deal attracted over 30 institutional investors and priced at significantly...
The global reactive hot melt adhesives market is projected to grow from $2.02 billion in 2025 to $4.29 billion by 2035, at a CAGR of 7.72%. Growth is driven by regulations limiting solvent-based adhesives, increased use of polyurethane adhesives in a...
Industrial Development Funding (IDF) and Oaktree have committed $1.7 billion to support Bloom Energy's fuel cell technology for building AI cloud infrastructure for Nebius. This project will provide dedicated behind-the-meter power to meet the high c...
