by Avi Kapoor | Jun 10, 2026 | General
The J.M. Smucker Co. (NYSE:SJM) reported upbeat fiscal fourth-quarter 2026 results on Tuesday. Adjusted earnings came in at $2.77 per share, ahead of analysts’ estimates of $2.64 per share. Net sales increased 6% year over year to $2.268 billion, slightly above...
by Rishabh Mishra | Jun 10, 2026 | General
A sharp sell-off in technology and semiconductor stocks ahead of Friday’s massive $75 billion SpaceX IPO has ignited a fierce debate on Wall Street, pitting Fundstrat’s Tom Lee—who views the market dip as a “healthy” consolidation—against Seabreeze...
by Kaustubh Bagalkote | Jun 10, 2026 | General
Marvell Technology Inc. (NASDAQ:MRVL) shares fell on Wednesday, driven by broad-based selling pressure across the technology and semiconductor sectors. Despite recent high-profile catalysts, macroeconomic anxiety prompted traders to lock in profits ahead of a pivotal...
by Tanya Rawat | Jun 10, 2026 | General
The International Monetary Fund (IMF) Managing Director, Kristalina Georgieva, warned policymakers not to underestimate growing public concerns about artificial intelligence’s impact on jobs. Speaking on Bloomberg’s Leaders with Francine Lacqua podcast earlier this...
by Avi Kapoor | Jun 10, 2026 | General
On CNBC’s “Halftime Report Final Trades,” Joshua Brown, co-founder and CEO of Ritholtz Wealth Management, said he is still long on Shake Shack Inc. (NYSE:SHAK). On June 2, Shake Shack issued a business update reflecting ongoing macroeconomic challenges and...
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