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The Latest Breaking News from Nasdaq

Supreme Court Strikes Down Biden’s $10,000 Student Debt Plan As Unconstitutional

Ruling challenges government authority and impacts loan providers as demand for refinancing increases

Zenger

2023 Second Half Preview: What to Expect for the Stock Market

Curious what the charts suggest for the S&P 500, Nasdaq, Russell 2000 and Dow Jones Industrial Average in the third quarter? Let's look.

The Street

Bitcoin slumps below $30,000 after SEC says new ETF filings by BlackRock and others are ‘inadequate’

The SEC's position is the first publicly reported statement from the agency in regards to the current rush of Bitcoin spot ETF applications.

Fortune

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Apple Tops $3 Trillion In Value as Big Tech Extends Market Grip

Apple breached the $3 trillion market value threshold less than 5 years after topping $1 trillion in August of 2018.

The Street

Biden stock market gains trail Trump and Obama

Biden this week signaled plans to run for reelection on his economic record.

Axios

Lordstown Motors To Be Delisted From Nasdaq After Firm Filed For Bankruptcy Protection‌

‌Trading of the company’s class A common stock will be suspended starting July 7.‌

Zenger

Dow Jones Futures Rise: Inflation Report Due As Rate Hike Odds Grow; Apple Tops $3 Trillion

Futures rose with a key inflation report on tap. Apple is trading above a $3 trillion market cap before the open.

Investors Business Daily

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Neuberger Berman’s Daniel Flax Sees Opportunity In Apple, Alphabet, And Amazon

Despite Big Tech's big run, Flax believes these mega caps still offer growth potential.

Zenger

Dow Jones Gains 250 Points On Fresh Data; Warren Buffett Loads Up On Oil Stock

The Dow Jones rose after initial jobless claims dropped and a revised and stronger Q1 GDP reading. Warren Buffett-led Berkshire bought more Occidental stock.

Investors Business Daily

Tarring all crypto with the same brush is just nonsense

City Voices: MPs say Cryptocurrencies are “gambling”? Of course they are — that’s what investing is

Evening Standard

Lordstown Stock Resumes Slide As Nasdaq De-Listing Notice Follows Bankruptcy Filing

"Trading of the Company’s Class A common stock will be suspended by Nasdaq at the opening of business on July 7, 2023," Lordstown said.

The Street

Stocks Edge Higher, Banks Pass Stress Tests, Micron Sees AI Demand, Nike Earnings On Deck, Apple $3 Trillion In Sight - 5 Things to Know

Stock futures nudge higher as Powell repeats hawkish rate view; JPMorgan, Morgan Stanley lead banks higher following stress test results; Micron shares leap after narrower Q3 loss, robust ai demand outlook; Nike Q4 earnings on deck with margins, consumer demand in focus and Apple on $3 trillion watch after record…

The Street

Dow Jones Futures Rise: Palantir Flashes Buy Signal In Catch-22 Market; Micron Earnings Top

Palantir and other software stocks flashed buy signals but a Catch-22 market rally is tricky. Micron rose late on earnings.

Investors Business Daily

Dow Falls On Powell's Back-To-Back Rate Hike Views; Apple Nears Massive Milestone As Tesla Deliveries Loom

The Dow Jones fell as Powell said consecutive hikes were not off the table. Tesla rose as Q2 deliveries loom. Apple nears $3 trillion market cap.

Investors Business Daily

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The Street

Apple Stock Hits Record High, Nudges $3 Trillion Market Value, Amid Best Nasdaq Run Since 1983

Apple, which first passed the $1 trillion threshold in 2018, could test the $3 trillion mark over the coming days.

Investors Business Daily

Dow Jones Falls As Powell Warns Of More Rate Hikes; AMD, Nvidia Slide On AI Chip Export Ban Report

The Dow Jones fell Wednesday as Powell warned of more rate hikes this year. AMD and Nvidia slid on a reported new ban on AI chips to China.

The Street

Stock Futures Mixed, Powell Speaks, Nvidia Slides, Bank Stress Tests, Micron Earnings - 5 Things To Know

Stock futures waver as traders eye Fed, tech export ban reports; Fed Chair Powell joins central bank panel at ECB summit in Portugal; Nvidia tumbles on report of potential AI chip sale ban to China; JPMorgan edges lowers as banks brace for sterner Fed stress test results and Micron Technology…

Investors Business Daily

Dow Jones Futures: Techs Fall As AI Chip Export Ban Report Hits Nvidia, AMD

Futures were mixed Wednesday as Nvidia and AMD fell on an AI chip export ban report.

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Zenger

Roku Enters Live Sports Market With Formula E Streaming Deal

The streaming platform's first-ever live sports rights package includes on-demand replays and exclusive content for U.S. viewers.

Investors Business Daily

Nasdaq Sharpens Its Lead Amid Broad Advance, But Inflation News Looms; These Stocks Break Out

American Airlines also coasted past a proper entry point.

Investors Business Daily

Dow Jones Hits Session Highs On Surging Consumer Confidence; Tesla Bounces On Record Delivery Views, New EV Charging Deals

The Dow Jones rose after a strong uptick in consumer confidence and durable goods. Tesla rose ahead of second quarter delivery numbers.

Investors Business Daily

This App-Monitoring Software Maker Finds Support Amid Nasdaq Pullback

Dynatrace is the IBD Stock of the Day as the software maker bounces off a key 21-day technical line and forms a three-weeks-tight chart pattern.

Barchart

Stocks Higher Despite Russian Geopolitical Concerns

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.20%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.04%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.46%. U.S. stocks are mildly higher today as chip stocks...

Zenger

Electric Vehicle Stocks Dip Amid Broader Market Weakness

Tesla's Cybertruck sightings suggest production may begin by end of Q3, while analysts shed bullish stances on stock.

Investors Business Daily

Dow Jones Futures Fall: Time To Buy These Stocks Amid Market Pullback? Tesla Downgraded Again

Several stocks are near buy points, amid an orderly market pullback as Apple and other giants hold strong.

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