<?xml version="1.0" encoding="utf-8" ?><rss version="2.0" xml:base="https://www.benzinga.com/views/taxonomy/term/16889" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:media="http://search.yahoo.com/mrss/">
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  <title>Accenture Stock Crashes To 52-Week Low On Weak Outlook, Fed Jitters</title>
  <link>https://www.benzinga.com/markets/earnings/26/06/53277604/accenture-stock-crashes-to-52-week-low-on-weak-outlook-fed-jitters?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=channel</link>
  <description>&lt;p&gt;&lt;strong&gt;Accenture plc &lt;/strong&gt;&lt;a href=&quot;https://www.benzinga.com/quote/ACN&quot; target=&quot;_blank&quot; rel=&quot;noreferrer noopener&quot;&gt;&lt;/a&gt;&lt;a class=&quot;ticker-link&quot; data-ticker=&quot;ACN&quot; data-exchange=&quot;NYSE&quot; href=&quot;https://www.benzinga.com/quote/ACN&quot; target=&quot;_blank&quot; rel=&quot;noopener&quot;&gt;(NYSE:&lt;a class=&quot;ticker&quot; href=&quot;https://www.benzinga.com/quote/ACN&quot;&gt;ACN&lt;/a&gt;)&lt;/a&gt; stock tumbled in Thursday&amp;#8217;s trading after the consulting and technology services company reported fiscal &lt;a href=&quot;https://www.benzinga.com/pressreleases/26/06/b53270270/accenture-reports-third-quarter-fiscal-2026-results&quot; target=&quot;_blank&quot; rel=&quot;noreferrer noopener&quot;&gt;third-quarter 2026&lt;/a&gt; results that beat earnings estimates but missed revenue expectations and issued a weaker-than-expected revenue outlook.&lt;/p&gt;
&lt;p&gt;The stock came under pressure as investors focused on the company&amp;#8217;s softer guidance, a &lt;a href=&quot;https://www.benzinga.com/markets/economic-data/26/06/53264024/warsh-hawkish-fed-debut-scraps-forward-guidance-inflation-market-reactions&quot;&gt;hawkish Federal Reserve&lt;/a&gt; stance that has pressured IT stocks, and its planned $4.18 billion cybersecurity acquisition spree.&lt;/p&gt;
&lt;h2 class=&quot;wp-block-heading&quot;&gt;Accenture Third-Quarter Earnings&lt;/h2&gt;
&lt;p&gt;Accenture reported third-quarter earnings of $3.80 per share, exceeding analysts&amp;#8217; estimates &lt;a target=&quot;_blank&quot; href=&quot;https://www.benzinga.com/calendars/earnings&quot; rel=&quot;noreferrer noopener&quot;&gt;of $3.69&lt;/a&gt;. Revenue rose 6% year over year in U.S. dollars, or 3% in local currency, to $18.72 billion, slightly below the consensus estimate of $18.75 billion.&lt;/p&gt;
&lt;h2 class=&quot;wp-block-heading&quot;&gt;Segment Performance&lt;/h2&gt;
&lt;p&gt;Consulting revenue increased 4% in U.S. dollars, or 1% in local currency, to $9.33 billion. Managed Services revenue climbed 8% in U.S. dollars, or 5% in local currency, to $9.39 billion.&lt;/p&gt;
&lt;p&gt;Among industry groups, Products revenue rose 6% to $5.67 billion. Health &amp;amp; Public Service revenue increased 2% to $3.85 billion. Financial Services revenue grew 6% to $3.49 ...&lt;/p&gt;&lt;p&gt;&lt;a href=https://www.benzinga.com/markets/earnings/26/06/53277604/accenture-stock-crashes-to-52-week-low-on-weak-outlook-fed-jitters?utm_source=benzinga_taxonomy&amp;amp;utm_medium=rss_feed_free&amp;amp;utm_content=taxonomy_rss&amp;amp;utm_campaign=channel alt=Accenture Stock Crashes To 52-Week Low On Weak Outlook, Fed Jitters&gt;Full story available on Benzinga.com&lt;/a&gt;&lt;/p&gt;</description>
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 <pubDate>Thu, 18 Jun 2026 14:15:57 +0000</pubDate>
 <dc:creator>Anusuya Lahiri</dc:creator>
 <guid isPermaLink="false">53277604 at https://www.benzinga.com</guid>
<media:thumbnail medium="image" type="image/jpeg" url="https://cdn.benzinga.com/files/images/story/2026/06/18/Warsaw--Poland---May-2020-Accenture-Comp_3.jpeg?optimize=medium&amp;dpr=1&amp;auto=jpg&amp;height=480&amp;width=720&amp;fit=crop"  /></item>
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  <title>Why Is IBM Stock Declining On Thursday?</title>
  <link>https://www.benzinga.com/trading-ideas/movers/26/06/53274515/why-is-ibm-stock-declining-on-thursday?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=channel</link>
  <description>&lt;p&gt;&lt;strong&gt;International Business Machines Corp.&lt;/strong&gt; &lt;a href=&quot;https://www.benzinga.com/quote/IBM&quot; target=&quot;_blank&quot; class=&quot;ticker-link&quot; data-ticker=&quot;IBM&quot; data-exchange=&quot;NYSE&quot; rel=&quot;noopener&quot;&gt;(NYSE:&lt;a class=&quot;ticker&quot; href=&quot;https://www.benzinga.com/quote/IBM&quot;&gt;IBM&lt;/a&gt;)&lt;/a&gt; shares fell during Thursday trading after sector peer &lt;strong&gt;Accenture plc &lt;/strong&gt;&lt;a target=&quot;_blank&quot; href=&quot;https://www.benzinga.com/quote/ACN&quot; rel=&quot;noreferrer noopener&quot;&gt;&lt;a href=&quot;https://www.benzinga.com/quote/ACN&quot; target=&quot;_blank&quot; class=&quot;ticker-link&quot; data-ticker=&quot;ACN&quot; data-exchange=&quot;NYSE&quot; rel=&quot;noopener&quot;&gt;(NYSE:&lt;a class=&quot;ticker&quot; href=&quot;https://www.benzinga.com/quote/ACN&quot;&gt;ACN&lt;/a&gt;)&lt;/a&gt;&lt;/a&gt; lowered its fiscal guidance, triggering a broader selloff across the information technology services market.&lt;/p&gt;
&lt;h2 class=&quot;wp-block-heading&quot;&gt;Accenture Alters Fiscal 2026 Projections&lt;/h2&gt;
&lt;p&gt;Accenture altered its fiscal 2026 &lt;a target=&quot;_blank&quot; href=&quot;https://www.benzinga.com/calendars/guidance&quot; rel=&quot;noreferrer noopener&quot;&gt;financial guidanc&lt;/a&gt;e before the market opened on Thursday.&lt;/p&gt;
&lt;p&gt;The company narrowed its full-year sales guidance to a range of $71.763 billion to $72.460 billion, down from the previous range of $71.763 billion to $73.157 billion.&lt;/p&gt;
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&lt;strong&gt;&lt;br /&gt;
Read Also:&lt;br /&gt;
&lt;a href=&quot;https://www.benzinga.com/markets/equities/26/06/53268949/stock-market-today-dow-jones-nasdaq-100-futures-surge-following-sharp-sell-off-as-fed-kept-rates-unchanged-freecast-smith-wesson-in-focus&quot; target=&quot;_blank&quot; rel=&quot;noopener&quot;&gt;&lt;br /&gt;
Stock Market Today: Dow Jones, Nasdaq 100 Futures Surge Following Sharp Sell-Off As Fed Kept Rates Unchanged—Freecast, Smith &amp;amp; Wesson In Focus&lt;/a&gt;&lt;br /&gt;
&lt;/strong&gt;
&lt;/p&gt;
&lt;/div&gt;
&lt;p&gt;Wall Street analysts maintain an annual revenue estimate of $74.006 billion.&lt;/p&gt;
&lt;p&gt;Concurrently, Accenture raised its full-year adjusted EPS guidance to a range of $13.65 to $13.90, ...&lt;/p&gt;&lt;p&gt;&lt;a href=https://www.benzinga.com/trading-ideas/movers/26/06/53274515/why-is-ibm-stock-declining-on-thursday?utm_source=benzinga_taxonomy&amp;amp;utm_medium=rss_feed_free&amp;amp;utm_content=taxonomy_rss&amp;amp;utm_campaign=channel alt=Why Is IBM Stock Declining On Thursday?&gt;Full story available on Benzinga.com&lt;/a&gt;&lt;/p&gt;</description>
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 <pubDate>Thu, 18 Jun 2026 13:29:22 +0000</pubDate>
 <dc:creator>Kaustubh Bagalkote</dc:creator>
 <guid isPermaLink="false">53274515 at https://www.benzinga.com</guid>
<media:thumbnail medium="image" type="image/jpeg" url="https://cdn.benzinga.com/files/images/story/2026/06/18/Dusseldorf--North-Rhine-westphalia--Germ.jpeg?optimize=medium&amp;dpr=1&amp;auto=jpg&amp;height=480&amp;width=720&amp;fit=crop"  /></item>
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  <title>Kroger Stock Crashes 10% On Triple Whammy: Missed Earnings, Squeezed Margins And Soft Outlook</title>
  <link>https://www.benzinga.com/markets/earnings/26/06/53273633/kroger-stock-crashes-10-on-triple-whammy-missed-earnings-squeezed-margins-and-soft-outlook?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=channel</link>
  <description>&lt;p&gt;&lt;strong&gt;The Kroger Co. &lt;/strong&gt;&lt;a target=&quot;_blank&quot; href=&quot;https://www.benzinga.com/quote/KR&quot; rel=&quot;noreferrer noopener&quot;&gt;&lt;/a&gt;&lt;a href=&quot;https://www.benzinga.com/quote/KR&quot; target=&quot;_blank&quot; class=&quot;ticker-link&quot; data-ticker=&quot;KR&quot; data-exchange=&quot;NYSE&quot; rel=&quot;noopener&quot;&gt;(NYSE:&lt;a class=&quot;ticker&quot; href=&quot;https://www.benzinga.com/quote/KR&quot;&gt;KR&lt;/a&gt;)&lt;/a&gt; shares traded lower in Thursday&amp;#8217;s premarket session after the grocery retailer reported mixed &lt;a target=&quot;_blank&quot; href=&quot;https://www.benzinga.com/pressreleases/26/06/n53270450/kroger-reports-first-quarter-2026-results&quot; rel=&quot;noreferrer noopener&quot;&gt;first-quarter results&lt;/a&gt;, with earnings narrowly missing Wall Street estimates despite stronger-than-expected revenue.&lt;/p&gt;
&lt;h2 class=&quot;wp-block-heading&quot;&gt;First-Quarter Results&lt;/h2&gt;
&lt;p&gt;Kroger reported adjusted earnings of $1.58 per share, missing the consensus estimate &lt;a target=&quot;_blank&quot; href=&quot;https://www.benzinga.com/earnings&quot; rel=&quot;noreferrer noopener&quot;&gt;of $1.59&lt;/a&gt;. Revenue rose to $46.12 billion, topping analysts&amp;#8217; expectations of $45.47 billion.&lt;/p&gt;
&lt;p&gt;Excluding fuel, identical sales increased 1.0% year over year. Sales excluding fuel and Vitacost increased 0.5% year over year.&lt;/p&gt;
&lt;p&gt;Adjusted eCommerce sales climbed 19% from a year earlier. Profit from Kroger Precision Marketing increased by more than 20% year over ...&lt;/p&gt;&lt;p&gt;&lt;a href=https://www.benzinga.com/markets/earnings/26/06/53273633/kroger-stock-crashes-10-on-triple-whammy-missed-earnings-squeezed-margins-and-soft-outlook?utm_source=benzinga_taxonomy&amp;amp;utm_medium=rss_feed_free&amp;amp;utm_content=taxonomy_rss&amp;amp;utm_campaign=channel alt=Kroger Stock Crashes 10% On Triple Whammy: Missed Earnings, Squeezed Margins And Soft Outlook&gt;Full story available on Benzinga.com&lt;/a&gt;&lt;/p&gt;</description>
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 <pubDate>Thu, 18 Jun 2026 13:00:50 +0000</pubDate>
 <dc:creator>Lekha Gupta</dc:creator>
 <guid isPermaLink="false">53273633 at https://www.benzinga.com</guid>
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  <title>Goldman Sachs Warns Big Tech&#039;s $770 Billion AI Spending Frenzy Could Backfire— Here&#039;s Why</title>
  <link>https://www.benzinga.com/markets/equities/26/06/53273622/goldman-sachs-warns-big-techs-770-billion-ai-spending-frenzy-could-backfire-heres-why?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=channel</link>
  <description>&lt;p&gt;Wall Street bank &lt;strong&gt;Goldman Sachs&lt;/strong&gt; has issued a warning for tech titans like &lt;strong&gt;Amazon.com Inc.&lt;/strong&gt; &lt;a class=&quot;ticker-link&quot; data-ticker=&quot;AMZN&quot; data-exchange=&quot;NASDAQ&quot; href=&quot;https://www.benzinga.com/quote/AMZN&quot; target=&quot;_blank&quot; rel=&quot;noopener&quot;&gt;(NASDAQ:&lt;a class=&quot;ticker&quot; href=&quot;https://www.benzinga.com/quote/AMZN&quot;&gt;AMZN&lt;/a&gt;)&lt;/a&gt; and &lt;strong&gt;Microsoft Corp.&lt;/strong&gt;&lt;a class=&quot;ticker-link&quot; data-ticker=&quot;MSFT&quot; data-exchange=&quot;NASDAQ&quot; href=&quot;https://www.benzinga.com/quote/MSFT&quot; target=&quot;_blank&quot; rel=&quot;noopener&quot;&gt;(NASDAQ:&lt;a class=&quot;ticker&quot; href=&quot;https://www.benzinga.com/quote/MSFT&quot;&gt;MSFT&lt;/a&gt;)&lt;/a&gt;, noting that their Return on Equity (ROE) faces severe downward pressure as massive artificial intelligence capital expenditures trigger &lt;a href=&quot;https://www.benzinga.com/markets/equities/25/11/48774428/michael-burry-doubles-down-on-ai-bubble-claims-as-short-trade-backfires-says-oracle-meta-are-overstating-earnings-by-understating-depreciation&quot;&gt;escalating &amp;#8220;depreciation expenses.&amp;#8221;&lt;/a&gt;&lt;/p&gt;
&lt;h2 class=&quot;wp-block-heading&quot;&gt;&lt;strong&gt;The Cost Of The Capex Boom&lt;/strong&gt;&lt;/h2&gt;
&lt;p&gt;According to Goldman&amp;#8217;s portfolio strategy report, the physical footprint required to support massive AI workloads is rapidly forcing these historically asset-light hyperscalers to become capital-intensive enterprises.&lt;/p&gt;
&lt;p&gt;Consensus estimates show that AI hyperscalers—including Amazon, Microsoft, &lt;strong&gt;Alphabet Inc. &lt;/strong&gt;&lt;a class=&quot;ticker-link&quot; data-ticker=&quot;GOOG&quot; data-exchange=&quot;NASDAQ&quot; href=&quot;https://www.benzinga.com/quote/GOOG&quot; target=&quot;_blank&quot; rel=&quot;noopener&quot;&gt;(NASDAQ:&lt;a class=&quot;ticker&quot; href=&quot;https://www.benzinga.com/quote/GOOG&quot;&gt;GOOG&lt;/a&gt;)&lt;/a&gt; &lt;a class=&quot;ticker-link&quot; data-ticker=&quot;GOOGL&quot; data-exchange=&quot;NASDAQ&quot; href=&quot;https://www.benzinga.com/quote/GOOGL&quot; target=&quot;_blank&quot; rel=&quot;noopener&quot;&gt;(NASDAQ:&lt;a class=&quot;ticker&quot; href=&quot;https://www.benzinga.com/quote/GOOGL&quot;&gt;GOOGL&lt;/a&gt;)&lt;/a&gt;, &lt;strong&gt;Meta Platforms Inc.&lt;/strong&gt; &lt;a class=&quot;ticker-link&quot; data-ticker=&quot;META&quot; data-exchange=&quot;NASDAQ&quot; href=&quot;https://www.benzinga.com/quote/META&quot; target=&quot;_blank&quot; rel=&quot;noopener&quot;&gt;(NASDAQ:&lt;a class=&quot;ticker&quot; href=&quot;https://www.benzinga.com/quote/META&quot;&gt;META&lt;/a&gt;)&lt;/a&gt;, and &lt;strong&gt;Oracle Corp. &lt;/strong&gt;&lt;a class=&quot;ticker-link&quot; data-ticker=&quot;ORCL&quot; data-exchange=&quot;NYSE&quot; href=&quot;https://www.benzinga.com/quote/ORCL&quot; target=&quot;_blank&quot; rel=&quot;noopener&quot;&gt;(NYSE:&lt;a class=&quot;ticker&quot; href=&quot;https://www.benzinga.com/quote/ORCL&quot;&gt;ORCL&lt;/a&gt;)&lt;/a&gt;—are projected to spend an unprecedented $770 billion on capex in 2026, a sum equivalent to 100% of their collective cash flows from operations.&lt;/p&gt;
&lt;p&gt;Goldman Sachs highlights that this explosive spending has caused tech leaders to grow significantly in &amp;#8220;asset intensity,&amp;#8221; resulting in steadily declining sales-to-asset turnover since the start of the AI boom.&lt;/p&gt;
&lt;p&gt;During the next few years, rising &lt;a href=&quot;https://www.benzinga.com/markets/equities/25/12/49413156/nvidias-depreciation-time-bomb-jim-chanos-warns-of-massive-financial-risk-for-coreweave-oracle&quot;&gt;hyperscaler depreciation costs&lt;/a&gt; will aggressively eat into profit margins. Specifically, analyst estimates imply that depreciation and amortization will climb from just 7% of hyperscaler revenues in 2022 to a staggering 12% by 2027.&lt;/p&gt;
&lt;div ...&lt;p&gt;&lt;a href=https://www.benzinga.com/markets/equities/26/06/53273622/goldman-sachs-warns-big-techs-770-billion-ai-spending-frenzy-could-backfire-heres-why?utm_source=benzinga_taxonomy&amp;amp;utm_medium=rss_feed_free&amp;amp;utm_content=taxonomy_rss&amp;amp;utm_campaign=channel alt=Goldman Sachs Warns Big Tech&amp;#039;s $770 Billion AI Spending Frenzy Could Backfire— Here&amp;#039;s Why&gt;Full story available on Benzinga.com&lt;/a&gt;&lt;/p&gt;</description>
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 <pubDate>Thu, 18 Jun 2026 13:00:46 +0000</pubDate>
 <dc:creator>Rishabh Mishra</dc:creator>
 <guid isPermaLink="false">53273622 at https://www.benzinga.com</guid>
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  <title>Stock Market Today: S&amp;P 500, Dow, Nasdaq 100 Futures Jump After Sharp Sell-Off On Fed Rates Pause— Freecast, Smith &amp; Wesson In Focus (UPDATED)</title>
  <link>https://www.benzinga.com/markets/equities/26/06/53268949/stock-market-today-dow-jones-nasdaq-100-futures-surge-following-sharp-sell-off-as-fed-kept-rates?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=channel</link>
  <description>&lt;p&gt;&lt;em&gt;(Editor&amp;#8217;s note: The headline, ETFs and economic data were updated.)&lt;/em&gt;&lt;/p&gt;
&lt;p&gt;U.S. stock futures rose on Thursday, as the Dow Jones, Nasdaq 100, and S&amp;amp;P 500 indices advanced, following Tuesday&amp;#8217;s sharp sell-off.&lt;/p&gt;
&lt;p&gt;Weekly initial jobless claims edged down by 4,000 to a seasonally adjusted 226,000 for the week ending June 13, keeping layoffs historically low.&lt;/p&gt;
&lt;p&gt;Meanwhile, the Philadelphia Fed manufacturing index staged a major turnaround, jumping more than 10 points to a positive 10.3 reading in June to snap a month of flatlined regional factory growth.&lt;/p&gt;
&lt;p&gt;On Wednesday, the &lt;strong&gt;Federal Reserve&lt;/strong&gt; unanimously held the federal funds &lt;a href=&quot;https://www.benzinga.com/markets/economic-data/26/06/53259380/fed-interest-rate-decision-june-2026-dot-plot-kevin-warsh-first-presser&quot;&gt;rate steady at 3.50%-3.75%&lt;/a&gt;, as widely expected, in the first policy meeting under new Fed Chair &lt;strong&gt;Kevin Warsh&lt;/strong&gt;. He announced &lt;a href=&quot;https://www.benzinga.com/markets/economic-data/26/06/53264024/warsh-hawkish-fed-debut-scraps-forward-guidance-inflation-market-reactions&quot;&gt;five task forces to review&lt;/a&gt; Fed communications, the balance sheet, data sources, productivity and jobs in the AI era, and the inflation framework itself.&lt;/p&gt;
&lt;p&gt;Thursday will mark the last trading day of this week, as the markets will be closed for Juneteenth National Independence Day on Friday.&lt;/p&gt;
&lt;p&gt;Meanwhile, the 10-year Treasury bond yielded 4.45%, and the two-year bond was at 4.17%. The CME Group&amp;#039;s FedWatch &lt;a href=&quot;https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html&quot;&gt;tool&lt;/a&gt;&amp;#8216;s projections show markets pricing a 72.2% likelihood of the Federal Reserve leaving the current interest rates unchanged during July&amp;#8217;s meeting. &lt;/p&gt;
&lt;p&gt;&lt;figure class=&quot;wp-block-table is-style-stripes&quot;&gt;&lt;br /&gt;
&lt;table class=&quot;has-fixed-layout&quot;&gt;
&lt;tbody&gt;
&lt;tr&gt;
&lt;td&gt;&lt;strong&gt;Index&lt;/strong&gt;&lt;/td&gt;
&lt;td&gt;&lt;strong&gt;Performance (+/-)&lt;/strong&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr&gt;
&lt;td&gt;Dow Jones&lt;/td&gt;
&lt;td&gt;0.52%&lt;/td&gt;
&lt;/tr&gt;
&lt;tr&gt;
&lt;td&gt;S&amp;amp;P 500&lt;/td&gt;
&lt;td&gt;0.86%&lt;/td&gt;
&lt;/tr&gt;
&lt;tr&gt;
&lt;td&gt;Nasdaq 100&lt;/td&gt;
&lt;td&gt;1.47%&lt;/td&gt;
&lt;/tr&gt;
&lt;tr&gt;
&lt;td&gt;Russell 2000&lt;/td&gt;
&lt;td&gt;1.05%&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;p&gt;&lt;/p&gt;&lt;/figure&gt;&lt;/p&gt;
&lt;p&gt;The &lt;strong&gt;SPDR S&amp;amp;P 500 ETF Trust&lt;/strong&gt; &lt;a class=&quot;ticker-link&quot; data-ticker=&quot;SPY&quot; data-exchange=&quot;NYSE&quot; href=&quot;https://www.benzinga.com/quote/SPY&quot; target=&quot;_blank&quot; rel=&quot;noopener&quot;&gt;(NYSE:&lt;a class=&quot;ticker&quot; href=&quot;https://www.benzinga.com/quote/SPY&quot;&gt;SPY&lt;/a&gt;)&lt;/a&gt; and &lt;strong&gt;Invesco QQQ Trust ETF&lt;/strong&gt; &lt;a class=&quot;ticker-link&quot; data-ticker=&quot;QQQ&quot; data-exchange=&quot;NASDAQ&quot; href=&quot;https://www.benzinga.com/quote/QQQ&quot; target=&quot;_blank&quot; rel=&quot;noopener&quot;&gt;(NASDAQ:&lt;a class=&quot;ticker&quot; href=&quot;https://www.benzinga.com/quote/QQQ&quot;&gt;QQQ&lt;/a&gt;)&lt;/a&gt;, which track the S&amp;amp;P 500 and Nasdaq 100, respectively, were higher in premarket on Thursday. The SPY was up 0.63% at $745.64, while the QQQ advanced by 1.61% to $734.13.&lt;/p&gt;
&lt;p&gt;&lt;figure class=&quot;wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio&quot;&gt;&lt;br /&gt;
&lt;div class=&quot;wp-block-embed__wrapper&quot;&gt;
&lt;iframe loading=&quot;lazy&quot; title=&quot;Dow Jones, Nasdaq 100 Futures Surge Following Sharp Sell-Off As Fed Kept Rates Unchanged&quot; width=&quot;500&quot; height=&quot;281&quot; src=&quot;https://www.youtube.com/embed/x6Bytir_r4c?feature=oembed&quot; frameborder=&quot;0&quot; allow=&quot;accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share&quot; referrerpolicy=&quot;strict-origin-when-cross-origin&quot; allowfullscreen&gt;&lt;/iframe&gt;
&lt;/div&gt;
&lt;p&gt;&lt;/p&gt;&lt;/figure&gt;&lt;/p&gt;
&lt;div class=&quot;bz-read-next-block&quot;&lt;br /&gt;
     data-variant=&quot;card&quot;&lt;br /&gt;
     data-news-mode=&quot;manual&quot;
&lt;p&gt;    &gt;&lt;/p&gt;
&lt;p&gt;
&lt;strong&gt;&lt;br /&gt;
Read Also:&lt;br /&gt;
&lt;a href=&quot;https://www.benzinga.com/markets/equities/26/06/53268518/nflx-valuation-hits-4-year-low-shay-boloor-massive-opportunity&quot; target=&quot;_blank&quot; rel=&quot;noopener&quot;&gt;&lt;br /&gt;
NFLX Stock Trades At Its Cheapest Valuation In 4 Years: Shay Boloor Calls It Massive &amp;#039;Opportunity&amp;#039;&lt;/a&gt;&lt;br /&gt;
&lt;/strong&gt;
&lt;/p&gt;
&lt;/div&gt;
&lt;h2 class=&quot;wp-block-heading&quot;&gt;&lt;strong&gt;Stocks In Focus&lt;/strong&gt;&lt;/h2&gt;
&lt;h2 class=&quot;wp-block-heading&quot;&gt;SpaceX&lt;/h2&gt;
&lt;ul class=&quot;wp-block-list&quot;&gt;
&lt;li&gt;&lt;strong&gt;Space Exploration Technologies Corp. &lt;/strong&gt;(NASDAQ:&lt;a class=&quot;ticker&quot; href=&quot;https://www.benzinga.com/quote/SPCX&quot;&gt;SPCX&lt;/a&gt;) rose 0.36% in premarket on Thursday after it closed lower for the first time since its listing on its fourth trading day, on Wednesday.&lt;/li&gt;
&lt;/ul&gt;
&lt;h2 class=&quot;wp-block-heading&quot;&gt;Smith &amp;amp; Wesson Brands&lt;/h2&gt;
&lt;ul class=&quot;wp-block-list&quot;&gt;
&lt;li&gt;&lt;strong&gt;Smith &amp;amp; Wesson Brands Inc&lt;/strong&gt;. &lt;a class=&quot;ticker-link&quot; data-ticker=&quot;SWBI&quot; data-exchange=&quot;NASDAQ&quot; href=&quot;https://www.benzinga.com/quote/SWBI&quot; target=&quot;_blank&quot; rel=&quot;noopener&quot;&gt;(NASDAQ:&lt;a class=&quot;ticker&quot; href=&quot;https://www.benzinga.com/quote/SWBI&quot;&gt;SWBI&lt;/a&gt;)&lt;/a&gt; surged 15.37% after posting better-than-expected fourth-quarter results after Wednesday&amp;#8217;s closing bell.&lt;/li&gt;
&lt;/ul&gt;
&lt;ul class=&quot;wp-block-list&quot;&gt;
&lt;li&gt;&lt;strong&gt;Benzinga&amp;#8217;s Edge Stock Rankings&lt;/strong&gt; indicate ...&lt;/li&gt;&lt;/ul&gt;&lt;p&gt;&lt;a href=https://www.benzinga.com/markets/equities/26/06/53268949/stock-market-today-dow-jones-nasdaq-100-futures-surge-following-sharp-sell-off-as-fed-kept-rates?utm_source=benzinga_taxonomy&amp;amp;utm_medium=rss_feed_free&amp;amp;utm_content=taxonomy_rss&amp;amp;utm_campaign=channel alt=Stock Market Today: S&amp;amp;P 500, Dow, Nasdaq 100 Futures Jump After Sharp Sell-Off On Fed Rates Pause— Freecast, Smith &amp;amp; Wesson In Focus (UPDATED)&gt;Full story available on Benzinga.com&lt;/a&gt;&lt;/p&gt;</description>
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 <pubDate>Thu, 18 Jun 2026 12:47:15 +0000</pubDate>
 <dc:creator>Rishabh Mishra</dc:creator>
 <guid isPermaLink="false">53268949 at https://www.benzinga.com</guid>
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<item>
  <title>Jabil CEO Says AI Infrastructure Demand Remains &#039;Extremely Strong&#039;</title>
  <link>https://www.benzinga.com/markets/earnings/26/06/53253679/jabil-ceo-says-ai-infrastructure-demand-remains-extremely-strong?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=channel</link>
  <description>&lt;p&gt;&lt;strong&gt;Jabil Inc.&lt;/strong&gt; &lt;a href=&quot;https://www.benzinga.com/quote/JBL&quot; target=&quot;_blank&quot; class=&quot;ticker-link&quot; data-ticker=&quot;JBL&quot; data-exchange=&quot;NYSE&quot; rel=&quot;noopener&quot;&gt;(NYSE:&lt;a class=&quot;ticker&quot; href=&quot;https://www.benzinga.com/quote/JBL&quot;&gt;JBL&lt;/a&gt;)&lt;/a&gt; stock rose on Wednesday after the manufacturing services provider reported better-than-expected &lt;a href=&quot;https://www.benzinga.com/pressreleases/26/06/b53245114/jabil-posts-third-quarter-results&quot;&gt;fiscal third-quarter 2026 results&lt;/a&gt; and raised its full-year guidance, supported by strong demand for artificial intelligence infrastructure.&lt;/p&gt;
&lt;p&gt;The company reported adjusted earnings of $3.16 per share, topping the analyst consensus estimate &lt;a href=&quot;https://www.benzinga.com/calendars/earnings&quot;&gt;of $3.10&lt;/a&gt;. Revenue increased 12% year over year to $8.75 billion, exceeding analysts&amp;#8217; expectations of $8.61 billion. Cash and cash equivalents totaled $1.36 billion as of May 31.&lt;/p&gt;
&lt;h2 class=&quot;wp-block-heading&quot;&gt;Segment Performance&lt;/h2&gt;
&lt;p&gt;Revenue from the Regulated Industries segment increased 4% from a year earlier, while Intelligent Infrastructure revenue climbed 21%. Connected Living &amp;amp; Digital Commerce revenue rose 5%.&lt;/p&gt;
&lt;p&gt;Core EBITDA increased to $654 million from $571 million in the prior-year quarter.&lt;/p&gt;
&lt;h2 class=&quot;wp-block-heading&quot;&gt;AI Demand Fuels Growth&lt;/h2&gt;
&lt;p&gt;Chief Executive Officer &lt;strong&gt;Mike Dastoor &lt;/strong&gt;said demand for AI infrastructure remains &amp;#8220;extremely strong,&amp;#8221; prompting the company to raise its fiscal 2026 outlook.&lt;/p&gt;
&lt;p&gt;Jabil now expects AI-related revenue of about $13.6 billion in fiscal 2026, up $500 million from its March forecast and higher than the $9 billion reported in fiscal 2025.&lt;/p&gt;
&lt;p&gt;Dastoor said the company&amp;#8217;s end-to-end manufacturing capabilities allow customers to scale AI deployments by integrating ...&lt;/p&gt;&lt;p&gt;&lt;a href=https://www.benzinga.com/markets/earnings/26/06/53253679/jabil-ceo-says-ai-infrastructure-demand-remains-extremely-strong?utm_source=benzinga_taxonomy&amp;amp;utm_medium=rss_feed_free&amp;amp;utm_content=taxonomy_rss&amp;amp;utm_campaign=channel alt=Jabil CEO Says AI Infrastructure Demand Remains &amp;#039;Extremely Strong&amp;#039;&gt;Full story available on Benzinga.com&lt;/a&gt;&lt;/p&gt;</description>
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 <pubDate>Wed, 17 Jun 2026 15:18:41 +0000</pubDate>
 <dc:creator>Anusuya Lahiri</dc:creator>
 <guid isPermaLink="false">53253679 at https://www.benzinga.com</guid>
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<item>
  <title>La-Z-Boy (LZB) Stock Surges Over 17% After Hours: Why Is It Moving?</title>
  <link>https://www.benzinga.com/markets/equities/26/06/53241066/la-z-boy-lzb-stock-surges-over-17-after-hours-why-is-it-moving?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=channel</link>
  <description>&lt;p&gt;&lt;strong&gt;La-Z-Boy Inc.&lt;/strong&gt; &lt;a class=&quot;ticker-link&quot; data-ticker=&quot;LZB&quot; data-exchange=&quot;NYSE&quot; href=&quot;https://www.benzinga.com/quote/LZB&quot; target=&quot;_blank&quot; rel=&quot;noopener&quot;&gt;(NYSE:&lt;a class=&quot;ticker&quot; href=&quot;https://www.benzinga.com/quote/LZB&quot;&gt;LZB&lt;/a&gt;)&lt;/a&gt; shares jumped 17.66% to $41.25 in after-hours trading Tuesday after the furniture maker reported fiscal fourth quarter results where earnings per share and revenue both topped analyst estimates.&lt;/p&gt;
&lt;p&gt;The data was reported for the period ended Apr. 25.&lt;/p&gt;
&lt;h2 class=&quot;wp-block-heading&quot;&gt;EPS Blows Past Estimates&lt;/h2&gt;
&lt;p&gt;EPS for the quarter for La-Z-Boy in the fourth quarter came in at $1.26, crushing the &lt;a href=&quot;https://www.benzinga.com/quote/LZB/earnings&quot;&gt;analyst estimate of $0.82 by 53.7%&lt;/a&gt;. The company posted a revenue of $570.34 million, surpassing the estimate of $569.23 million by 0.20%.&lt;/p&gt;
&lt;p&gt;La-Z-Boy reported a GAAP operating margin of 7.2% and an adjusted operating margin of 9.9%, up 50 basis points versus the prior year.&lt;/p&gt;
&lt;h2 class=&quot;wp-block-heading&quot;&gt;Retail Network Hits All-Time High&lt;/h2&gt;
&lt;p&gt;According to the company, its retail segment written sales rose 11% versus a year ago. Company-owned locations reached an all-time high of 230 across North America, representing 61% of the ...&lt;/p&gt;&lt;p&gt;&lt;a href=https://www.benzinga.com/markets/equities/26/06/53241066/la-z-boy-lzb-stock-surges-over-17-after-hours-why-is-it-moving?utm_source=benzinga_taxonomy&amp;amp;utm_medium=rss_feed_free&amp;amp;utm_content=taxonomy_rss&amp;amp;utm_campaign=channel alt=La-Z-Boy (LZB) Stock Surges Over 17% After Hours: Why Is It Moving?&gt;Full story available on Benzinga.com&lt;/a&gt;&lt;/p&gt;</description>
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 <pubDate>Wed, 17 Jun 2026 03:28:10 +0000</pubDate>
 <dc:creator>Mohd Haider</dc:creator>
 <guid isPermaLink="false">53241066 at https://www.benzinga.com</guid>
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  <title>With Warsh At The Fed&#039;s Helm, Gold Finds Refuge In Asia</title>
  <link>https://www.benzinga.com/markets/commodities/26/06/53224220/with-warsh-at-the-feds-helm-gold-finds-refuge-in-asia?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=channel</link>
  <description>&lt;p&gt;Gold prices could get worse before getting better. That is the latest take from &lt;strong&gt;UBS&lt;/strong&gt; Group, which highlighted short-term weakness in its note.&lt;/p&gt;
&lt;p&gt;&amp;#8220;Gold has faced renewed pressure as resilient labor market data and higher real yields prompted markets to shift expectations toward a possible rate hike this year,&amp;#8221; the Swiss bank&amp;#8217;s strategists &lt;strong&gt;Dominic Schnider&lt;/strong&gt;, &lt;strong&gt;Giovanni Staunovo&lt;/strong&gt;, and &lt;strong&gt;Wayne Gordon&lt;/strong&gt; noted.&lt;/p&gt;
&lt;p&gt;UBS describes the situation as a &amp;#8220;double whammy.&amp;#8221; A run of stronger-than-expected U.S. economic data, particularly &lt;a href=&quot;https://www.benzinga.com/markets/economic-data/26/06/53024956/us-jobs-data-report-nfp-payrolls-may-2026&quot; target=&quot;_blank&quot; rel=&quot;noreferrer noopener&quot;&gt;resilient labor market figures&lt;/a&gt;, has altered expectations around monetary policy.&lt;/p&gt;
&lt;h2 class=&quot;wp-block-heading&quot;&gt;Warsh Takes the Helm&lt;/h2&gt;
&lt;p&gt;Investors are increasingly bracing for tighter conditions under Federal Reserve Chair &lt;strong&gt;Kevin Warsh,&lt;/strong&gt; who holds his &lt;a target=&quot;_blank&quot; href=&quot;https://www.benzinga.com/markets/macro-economic-events/26/06/53192257/kevin-warshs-high-stakes-fed-debut-on-inflation-jobs-and-economic-outlook-heres-what-to-expect&quot; rel=&quot;noreferrer noopener&quot;&gt;first meeting as Chairman&lt;/a&gt; this week. According to the &lt;strong&gt;FedWatch&lt;/strong&gt; &lt;a target=&quot;_blank&quot; href=&quot;https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html&quot; rel=&quot;noreferrer noopener&quot;&gt;tool&lt;/a&gt;, the federal funds rate is almost guaranteed to remain between 350 and 375 bps. However, the odds of a 25 bps hike in July and September stand at 6.3% and 27.8%, respectively.&lt;/p&gt;
&lt;p&gt;For a non-yielding asset like gold, higher rates are a problem. Rising real yields increase the opportunity cost of holding bullion, while a stronger ...&lt;/p&gt;&lt;p&gt;&lt;a href=https://www.benzinga.com/markets/commodities/26/06/53224220/with-warsh-at-the-feds-helm-gold-finds-refuge-in-asia?utm_source=benzinga_taxonomy&amp;amp;utm_medium=rss_feed_free&amp;amp;utm_content=taxonomy_rss&amp;amp;utm_campaign=channel alt=With Warsh At The Fed&amp;#039;s Helm, Gold Finds Refuge In Asia&gt;Full story available on Benzinga.com&lt;/a&gt;&lt;/p&gt;</description>
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 <pubDate>Tue, 16 Jun 2026 14:02:40 +0000</pubDate>
 <dc:creator>Stjepan Kalinic</dc:creator>
 <guid isPermaLink="false">53224220 at https://www.benzinga.com</guid>
<media:thumbnail medium="image" type="image/jpeg" url="https://cdn.benzinga.com/files/images/story/2026/06/16/This-Image-Displays-Two-Gleaming-Gold-Ba.jpeg?optimize=medium&amp;dpr=1&amp;auto=jpg&amp;height=480&amp;width=720&amp;fit=crop"  /></item>
<item>
  <title>Stock Market Today: S&amp;P 500, Nasdaq Futures Fall, Dow Gains Amid US-Iran Deal— SpaceX, Dave And Buster&#039;s, Western Digital In Focus (UPDATED)</title>
  <link>https://www.benzinga.com/markets/equities/26/06/53216164/stock-market-today-sp-500-futures-fall-dow-gains-amid-us-iran-agreement-spcx-stock-surge-dave-an?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=channel</link>
  <description>&lt;p&gt;&lt;em&gt;(Editor&amp;#8217;s note: The lede, headline, futures and economic data were updated.)&lt;/em&gt;&lt;/p&gt;
&lt;p&gt;U.S. stock futures were mixed on Tuesday, as the Dow Jones rose, while the Nasdaq 100 and S&amp;amp;P 500 declined, following Monday&amp;#8217;s rally.&lt;/p&gt;
&lt;p&gt;The Labor Department reported that U.S. import prices advanced 1.9% in May, driven by surging fuel costs.&lt;/p&gt;
&lt;p&gt;Fresh housing data painted a cooling picture of the domestic economy; May building permits ticked down 0.7% to a seasonally adjusted annual rate of 1,413,000, while housing starts plummeted 15.4% to a rate of 1,177,000, underscoring persistent headwinds in residential construction.&lt;/p&gt;
&lt;p&gt;On Monday, President &lt;strong&gt;Donald Trump&lt;/strong&gt; announced a &lt;a href=&quot;https://www.benzinga.com/news/politics/26/06/53214406/trump-says-iran-deal-is-all-signed-but-key-questions-remain-as-strait-of-hormuz-reopens&quot;&gt;preliminary U.S.-Iran agreement&lt;/a&gt; aimed at ending months of conflict, though its final terms and long-term viability remain unresolved.  The deal extends April&amp;#8217;s fragile ceasefire and is expected to reopen the Strait of Hormuz, a critical global oil shipping route.&lt;/p&gt;
&lt;p&gt;However, both nations stressed that a permanent peace accord has not yet been negotiated. Iranian President&lt;strong&gt; Masoud Pezeshkian&lt;/strong&gt; called the memorandum an &quot;important step&quot; but noted a lasting truce &quot;has yet to take shape.&quot;&lt;/p&gt;
&lt;p&gt;Meanwhile, the 10-year Treasury bond yielded 4.45%, and the two-year bond was at 4.04%. The CME Group&amp;#039;s FedWatch &lt;a href=&quot;https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html&quot;&gt;tool&lt;/a&gt;&amp;#8216;s projections show markets pricing a 98.6% likelihood of the Federal Reserve leaving the current interest rates unchanged during June&amp;#8217;s meeting.&lt;/p&gt;
&lt;p&gt;&lt;figure class=&quot;wp-block-table is-style-stripes&quot;&gt;&lt;br /&gt;
&lt;table class=&quot;has-fixed-layout&quot;&gt;
&lt;tbody&gt;
&lt;tr&gt;
&lt;td&gt;&lt;strong&gt;Index&lt;/strong&gt;&lt;/td&gt;
&lt;td&gt;&lt;strong&gt;Performance (+/-)&lt;/strong&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr&gt;
&lt;td&gt;Dow Jones&lt;/td&gt;
&lt;td&gt;0.17%&lt;/td&gt;
&lt;/tr&gt;
&lt;tr&gt;
&lt;td&gt;S&amp;amp;P 500&lt;/td&gt;
&lt;td&gt;-0.01%&lt;/td&gt;
&lt;/tr&gt;
&lt;tr&gt;
&lt;td&gt;Nasdaq 100&lt;/td&gt;
&lt;td&gt;-0.01%&lt;/td&gt;
&lt;/tr&gt;
&lt;tr&gt;
&lt;td&gt;Russell 2000&lt;/td&gt;
&lt;td&gt;0.21%&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;p&gt;&lt;/p&gt;&lt;/figure&gt;&lt;/p&gt;
&lt;p&gt;The&lt;strong&gt; SPDR S&amp;amp;P 500 ETF Trust &lt;/strong&gt;&lt;a class=&quot;ticker-link&quot; data-ticker=&quot;SPY&quot; data-exchange=&quot;NYSE&quot; href=&quot;https://www.benzinga.com/quote/SPY&quot; target=&quot;_blank&quot; rel=&quot;noopener&quot;&gt;(NYSE:&lt;a class=&quot;ticker&quot; href=&quot;https://www.benzinga.com/quote/SPY&quot;&gt;SPY&lt;/a&gt;)&lt;/a&gt; and&lt;strong&gt; Invesco QQQ Trust ETF&lt;/strong&gt; &lt;a class=&quot;ticker-link&quot; data-ticker=&quot;QQQ&quot; data-exchange=&quot;NASDAQ&quot; href=&quot;https://www.benzinga.com/quote/QQQ&quot; target=&quot;_blank&quot; rel=&quot;noopener&quot;&gt;(NASDAQ:&lt;a class=&quot;ticker&quot; href=&quot;https://www.benzinga.com/quote/QQQ&quot;&gt;QQQ&lt;/a&gt;)&lt;/a&gt;, which track the S&amp;amp;P 500 and Nasdaq 100, respectively, were lower in premarket on Tuesday. The SPY was down 0.066% at $754.33, while the QQQ declined by 0.11% to $743.18.&lt;/p&gt;
&lt;p&gt;&lt;figure class=&quot;wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio&quot;&gt;&lt;br /&gt;
&lt;div class=&quot;wp-block-embed__wrapper&quot;&gt;
&lt;iframe loading=&quot;lazy&quot; title=&quot;S&amp;amp;P 500 Futures Fall, Dow Gains Amid US-Iran Agreement, SPCX Stock Surge&quot; width=&quot;500&quot; height=&quot;281&quot; src=&quot;https://www.youtube.com/embed/h7tM1LxP4fg?feature=oembed&quot; frameborder=&quot;0&quot; allow=&quot;accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share&quot; referrerpolicy=&quot;strict-origin-when-cross-origin&quot; allowfullscreen&gt;&lt;/iframe&gt;
&lt;/div&gt;
&lt;p&gt;&lt;/p&gt;&lt;/figure&gt;&lt;/p&gt;
&lt;div class=&quot;bz-read-next-block&quot;&lt;br /&gt;
     data-variant=&quot;card&quot;&lt;br /&gt;
     data-news-mode=&quot;manual&quot;
&lt;p&gt;    &gt;&lt;/p&gt;
&lt;p&gt;
&lt;strong&gt;&lt;br /&gt;
Read Also:&lt;br /&gt;
&lt;a href=&quot;https://www.benzinga.com/markets/market-summary/26/06/53215138/ed-yardeni-says-he-hasnt-been-bullish-enough-predicts-sp-500-will-hit-10000-by-2029&quot; target=&quot;_blank&quot; rel=&quot;noopener&quot;&gt;&lt;br /&gt;
Ed Yardeni Says He Hasn&amp;#039;t &amp;#039;Been Bullish Enough,&amp;#039; Predicts S&amp;amp;P 500 Will Hit 10,000 By 2029&lt;/a&gt;&lt;br /&gt;
&lt;/strong&gt;
&lt;/p&gt;
&lt;/div&gt;
&lt;h2 class=&quot;wp-block-heading&quot;&gt;&lt;strong&gt;Stocks In Focus&lt;/strong&gt;&lt;/h2&gt;
&lt;h2 class=&quot;wp-block-heading&quot;&gt;SpaceX&lt;/h2&gt;
&lt;ul class=&quot;wp-block-list&quot;&gt;
&lt;li&gt;&lt;strong&gt;Space Exploration Technologies Corp.&lt;/strong&gt; &lt;a class=&quot;ticker-link&quot; data-ticker=&quot;SPCX&quot; data-exchange=&quot;NASDAQ&quot; href=&quot;https://www.benzinga.com/quote/SPCX&quot; target=&quot;_blank&quot; rel=&quot;noopener&quot;&gt;(NASDAQ:&lt;a class=&quot;ticker&quot; href=&quot;https://www.benzinga.com/quote/SPCX&quot;&gt;SPCX&lt;/a&gt;)&lt;/a&gt; jumped 8.42% in premarket on Tuesday ahead of its third trading day. Its market capitalization was nearing $3 trillion, surpassing the valuation of &lt;strong&gt;Amazon.com Inc. &lt;/strong&gt;&lt;a class=&quot;ticker-link&quot; data-ticker=&quot;AMZN&quot; data-exchange=&quot;NASDAQ&quot; href=&quot;https://www.benzinga.com/quote/AMZN&quot; target=&quot;_blank&quot; rel=&quot;noopener&quot;&gt;(NASDAQ:&lt;a class=&quot;ticker&quot; href=&quot;https://www.benzinga.com/quote/AMZN&quot;&gt;AMZN&lt;/a&gt;)&lt;/a&gt;.&lt;/li&gt;
&lt;/ul&gt;
&lt;h2 class=&quot;wp-block-heading&quot;&gt;Dave And Buster&amp;#039;s Entertainment&lt;/h2&gt;
&lt;ul class=&quot;wp-block-list&quot;&gt;
&lt;li&gt;&lt;strong&gt;Dave and Buster&amp;#039;s Entertainment Inc.&lt;/strong&gt; &lt;a class=&quot;ticker-link&quot; data-ticker=&quot;PLAY&quot; data-exchange=&quot;NASDAQ&quot; ...&lt;/li&gt;&lt;/ul&gt;&lt;p&gt;&lt;a href=https://www.benzinga.com/markets/equities/26/06/53216164/stock-market-today-sp-500-futures-fall-dow-gains-amid-us-iran-agreement-spcx-stock-surge-dave-an?utm_source=benzinga_taxonomy&amp;amp;utm_medium=rss_feed_free&amp;amp;utm_content=taxonomy_rss&amp;amp;utm_campaign=channel alt=Stock Market Today: S&amp;amp;P 500, Nasdaq Futures Fall, Dow Gains Amid US-Iran Deal— SpaceX, Dave And Buster&amp;#039;s, Western Digital In Focus (UPDATED)&gt;Full story available on Benzinga.com&lt;/a&gt;&lt;/p&gt;</description>
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 <pubDate>Tue, 16 Jun 2026 12:49:52 +0000</pubDate>
 <dc:creator>Rishabh Mishra</dc:creator>
 <guid isPermaLink="false">53216164 at https://www.benzinga.com</guid>
<media:thumbnail medium="image" type="image/jpeg" url="https://cdn.benzinga.com/files/images/story/2026/06/16/Close-Up-Of-Wall-Street-Sign-With-Iconic.jpeg?optimize=medium&amp;dpr=1&amp;auto=jpg&amp;height=480&amp;width=720&amp;fit=crop"  /></item>
<item>
  <title>Stock Market Today: S&amp;P 500, Dow, Nasdaq Futures Jump As Trump Announces Deal With Iran—SpaceX, TSMC, Micron, Red Cat In Focus (UPDATED)</title>
  <link>https://www.benzinga.com/markets/equities/26/06/53188296/stock-market-today-sp-500-dow-futures-gain-as-trump-announces-deal-with-iran-spacex-tower-semico?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=channel</link>
  <description>&lt;p&gt;&lt;em&gt;Editor&amp;#8217;s Note: The future prices of benchmark tracking ETFs, and the headline were updated in the story.&lt;/em&gt;&lt;/p&gt;
&lt;p&gt;U.S. stock futures advanced on Monday, as the Nasdaq 100, S&amp;amp;P 500, and the Dow Jones indices rose, following Friday&amp;#8217;s higher close.&lt;/p&gt;
&lt;p&gt;This follows an announcement of a &lt;a href=&quot;https://www.benzinga.com/news/politics/26/06/53186336/trump-says-iran-deal-now-complete-authorizes-opening-of-the-strait-of-hormuz-crude-falls-more-than-4-dow-futures-jump-380-points&quot;&gt;peace agreement with Iran&lt;/a&gt; by President &lt;strong&gt;Donald Trump&lt;/strong&gt;, which led to a decline in crude oil futures. He said that the deal was &amp;#8220;now complete,&amp;#8221; adding, &amp;#8220;I hereby fully authorize the toll-free opening of the Strait of Hormuz, and, simultaneously herewith, authorize the immediate removal of the United States Naval blockade.&amp;#8221;&lt;/p&gt;
&lt;p&gt;In this truncated trading week with markets closed on Friday, investors will eye the Federal Reserve&amp;#8217;s decision on interest rates with the new chairman, &lt;strong&gt;Kevin Warsh&lt;/strong&gt;, on Wednesday.&lt;/p&gt;
&lt;p&gt;Meanwhile, the 10-year Treasury bond yielded 4.44%, and the two-year bond was at 4.03%. The CME Group&amp;#039;s FedWatch &lt;a href=&quot;https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html&quot;&gt;tool&lt;/a&gt;&amp;#8216;s projections show markets pricing a 97.4% likelihood of the Federal Reserve leaving the current interest rates unchanged during June&amp;#8217;s meeting.&lt;/p&gt;
&lt;p&gt;&lt;figure class=&quot;wp-block-table is-style-stripes&quot;&gt;&lt;br /&gt;
&lt;table class=&quot;has-fixed-layout&quot;&gt;
&lt;tbody&gt;
&lt;tr&gt;
&lt;td&gt;&lt;strong&gt;Index&lt;/strong&gt;&lt;/td&gt;
&lt;td&gt;&lt;strong&gt;Performance (+/-)&lt;/strong&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr&gt;
&lt;td&gt;Dow Jones&lt;/td&gt;
&lt;td&gt;0.89%&lt;/td&gt;
&lt;/tr&gt;
&lt;tr&gt;
&lt;td&gt;S&amp;amp;P 500&lt;/td&gt;
&lt;td&gt;1.25%&lt;/td&gt;
&lt;/tr&gt;
&lt;tr&gt;
&lt;td&gt;Nasdaq 100&lt;/td&gt;
&lt;td&gt;2.11%&lt;/td&gt;
&lt;/tr&gt;
&lt;tr&gt;
&lt;td&gt;Russell 2000&lt;/td&gt;
&lt;td&gt;1.64%&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;p&gt;&lt;/p&gt;&lt;/figure&gt;&lt;/p&gt;
&lt;p&gt;The &lt;strong&gt;SPDR S&amp;amp;P 500 ETF Trust &lt;/strong&gt;&lt;a class=&quot;ticker-link&quot; data-ticker=&quot;SPY&quot; data-exchange=&quot;NYSE&quot; href=&quot;https://www.benzinga.com/quote/SPY&quot; target=&quot;_blank&quot; rel=&quot;noopener&quot;&gt;(NYSE:&lt;a class=&quot;ticker&quot; href=&quot;https://www.benzinga.com/quote/SPY&quot;&gt;SPY&lt;/a&gt;)&lt;/a&gt; and &lt;strong&gt;Invesco QQQ Trust ETF&lt;/strong&gt; &lt;a class=&quot;ticker-link&quot; data-ticker=&quot;QQQ&quot; data-exchange=&quot;NASDAQ&quot; href=&quot;https://www.benzinga.com/quote/QQQ&quot; target=&quot;_blank&quot; rel=&quot;noopener&quot;&gt;(NASDAQ:&lt;a class=&quot;ticker&quot; href=&quot;https://www.benzinga.com/quote/QQQ&quot;&gt;QQQ&lt;/a&gt;)&lt;/a&gt;, which track the S&amp;amp;P 500 and Nasdaq 100, respectively, were higher in premarket on Monday. The SPY was up 1.29% at $751.35, while the QQQ advanced by 2.13% to $736.71.&lt;/p&gt;
&lt;p&gt;&lt;figure class=&quot;wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio&quot;&gt;&lt;br /&gt;
&lt;div class=&quot;wp-block-embed__wrapper&quot;&gt;
&lt;iframe loading=&quot;lazy&quot; title=&quot;S&amp;amp;P 500, Dow, Nasdaq Futures Jump As Trump Announces Deal With Iran &amp;#x7C; Stock Market Today&quot; width=&quot;500&quot; height=&quot;281&quot; src=&quot;https://www.youtube.com/embed/zSvI26v1qrI?feature=oembed&quot; frameborder=&quot;0&quot; allow=&quot;accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share&quot; referrerpolicy=&quot;strict-origin-when-cross-origin&quot; allowfullscreen&gt;&lt;/iframe&gt;
&lt;/div&gt;
&lt;p&gt;&lt;/p&gt;&lt;/figure&gt;&lt;/p&gt;
&lt;div class=&quot;bz-read-next-block&quot;&lt;br /&gt;
     data-variant=&quot;card&quot;&lt;br /&gt;
     data-news-mode=&quot;manual&quot;
&lt;p&gt;    &gt;&lt;/p&gt;
&lt;p&gt;
&lt;strong&gt;&lt;br /&gt;
Read Also:&lt;br /&gt;
&lt;a href=&quot;https://www.benzinga.com/markets/prediction-markets/26/06/53186822/stock-market-will-sp-500-open-up-or-down-today-3&quot; target=&quot;_blank&quot; rel=&quot;noopener&quot;&gt;&lt;br /&gt;
Stock Market: Will S&amp;amp;P 500 Open Up Or Down Today?&lt;/a&gt;&lt;br /&gt;
&lt;/strong&gt;
&lt;/p&gt;
&lt;/div&gt;
&lt;h2 class=&quot;wp-block-heading&quot;&gt;&lt;strong&gt;Stocks In Focus&lt;/strong&gt;&lt;/h2&gt;
&lt;h2 class=&quot;wp-block-heading&quot;&gt;Space Exploration Technologies Corp&lt;/h2&gt;
&lt;ul class=&quot;wp-block-list&quot;&gt;
&lt;li&gt;&lt;strong&gt;Space Exploration Technologies Corp.&lt;/strong&gt; &lt;a class=&quot;ticker-link&quot; data-ticker=&quot;SPCX&quot; data-exchange=&quot;NASDAQ&quot; href=&quot;https://www.benzinga.com/quote/SPCX&quot; target=&quot;_blank&quot; rel=&quot;noopener&quot;&gt;(NASDAQ:&lt;a class=&quot;ticker&quot; href=&quot;https://www.benzinga.com/quote/SPCX&quot;&gt;SPCX&lt;/a&gt;)&lt;/a&gt; was 5.90% higher in premarket on Monday following its debut on Friday. The listing propelled CEO &lt;strong&gt;Elon Musk&lt;/strong&gt;&amp;#8216;s wealth, making him the &lt;a href=&quot;https://www.benzinga.com/markets/ipos/26/06/53175461/elon-musks-net-worth-soars-past-1-trillion-as-spacex-ipo-ignites-a-new-wealth-era&quot;&gt;world&amp;#8217;s first&lt;/a&gt; trillionaire.&lt;/li&gt;
&lt;/ul&gt;
&lt;h2 class=&quot;wp-block-heading&quot;&gt;Taiwan Semiconductor Manufacturing&lt;/h2&gt;
&lt;ul class=&quot;wp-block-list&quot;&gt;
&lt;li&gt;&lt;strong&gt;Taiwan Semiconductor Manufacturing Co. Ltd.&lt;/strong&gt; &lt;a class=&quot;ticker-link&quot; data-ticker=&quot;TSM&quot; data-exchange=&quot;NYSE&quot; href=&quot;https://www.benzinga.com/quote/TSM&quot; target=&quot;_blank&quot; rel=&quot;noopener&quot;&gt;(NYSE:&lt;a class=&quot;ticker&quot; href=&quot;https://www.benzinga.com/quote/TSM&quot;&gt;TSM&lt;/a&gt;)&lt;/a&gt; rose 3.77% as it reported a 1.5% increase in the month-on-month consolidated net revenue for May 2026, and 30.1% year-over-year gain as compared to May 2025.&lt;/li&gt;
&lt;/ul&gt;
&lt;ul class=&quot;wp-block-list&quot;&gt;
&lt;li&gt;&lt;strong&gt;Benzinga&amp;#8217;s Edge Stock Rankings&lt;/strong&gt; indicate that TSM maintains a strong price trend in the long, medium, and short terms, with a solid quality score.&lt;/li&gt;
&lt;/ul&gt;
&lt;p&gt;&lt;figure class=&quot;wp-block-image size-full&quot;&gt;&lt;a href=&quot;https://www.benzinga.com/quote/TSM&quot;&gt;&lt;img loading=&quot;lazy&quot; decoding=&quot;async&quot; width=&quot;761&quot; height=&quot;108&quot; src=&quot;https://editorial-assets.benzinga.com/wp-content/uploads/2026/06/15050146/TSM-EDGE-JUNE-15.png&quot; alt=&quot;Benzinga&amp;#039;s Edge Stock Rankings for TSM.&quot; class=&quot;wp-image-1507525&quot; srcset=&quot;https://editorial-assets.benzinga.com/wp-content/uploads/2026/06/15050146/TSM-EDGE-JUNE-15.png 761w,https://editorial-assets.benzinga.com/wp-content/uploads/2026/06/15050146/TSM-EDGE-JUNE-15-300x43.png 300w&quot; sizes=&quot;(max-width: 761px) 100vw, ...&lt;/a&gt;&lt;/figure&gt;&lt;/p&gt;&lt;p&gt;&lt;a href=https://www.benzinga.com/markets/equities/26/06/53188296/stock-market-today-sp-500-dow-futures-gain-as-trump-announces-deal-with-iran-spacex-tower-semico?utm_source=benzinga_taxonomy&amp;amp;utm_medium=rss_feed_free&amp;amp;utm_content=taxonomy_rss&amp;amp;utm_campaign=channel alt=Stock Market Today: S&amp;amp;P 500, Dow, Nasdaq Futures Jump As Trump Announces Deal With Iran—SpaceX, TSMC, Micron, Red Cat In Focus (UPDATED)&gt;Full story available on Benzinga.com&lt;/a&gt;&lt;/p&gt;</description>
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 <pubDate>Mon, 15 Jun 2026 12:45:15 +0000</pubDate>
 <dc:creator>Rishabh Mishra</dc:creator>
 <guid isPermaLink="false">53188296 at https://www.benzinga.com</guid>
<media:thumbnail medium="image" type="image/jpeg" url="https://cdn.benzinga.com/files/images/story/2026/06/15/Wall-Street.jpeg?optimize=medium&amp;dpr=1&amp;auto=jpg&amp;height=480&amp;width=720&amp;fit=crop"  /></item>
<item>
  <title>Can SpaceX Help Save Earth From The Critical Mineral Crunch?</title>
  <link>https://www.benzinga.com/markets/commodities/26/06/53189905/can-spacex-help-save-earth-from-the-critical-mineral-crunch?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=channel</link>
  <description>&lt;p&gt;The global race for critical minerals has entered a new phase. Between the energy transition, electric vehicle adoption, the AI capex race, and advanced manufacturing, the demand for metals is growing and becoming a matter of national security.&lt;/p&gt;
&lt;p&gt;The latest 2026 &lt;strong&gt;UN Trade and Development&lt;/strong&gt; (UNCTAD) &lt;a target=&quot;_blank&quot; href=&quot;https://unctad.org/system/files/official-document/ditcinfd2026d6_en.pdf&quot; rel=&quot;noreferrer noopener&quot;&gt;report&lt;/a&gt; argues that critical mineral markets are undergoing a structural reconfiguration.&lt;/p&gt;
&lt;p&gt;Governments are increasingly deploying export taxes, licensing requirements, and outright bans not merely to protect supplies but to capture more value domestically through processing and manufacturing.&lt;/p&gt;
&lt;p&gt;Since 2020, nearly 100 export-related measures affecting critical energy transition minerals have been introduced by producer nations seeking to move beyond their traditional role as raw material exporters.&lt;/p&gt;
&lt;p&gt;&amp;#8220;Trade policy is increasingly being used to secure access to and participate in critical energy transition mineral supply chains,&amp;#8221; the report notes.&lt;/p&gt;
&lt;p&gt;At the same time, the mining sector is struggling. Easily accessible deposits are maturing, ore grades are declining, and development timelines are lengthening. The result is a supply-curve pressure at the worst possible moment – when demand is set to explode.&lt;/p&gt;
&lt;h2 class=&quot;wp-block-heading&quot;&gt;Lithium in the Center&lt;/h2&gt;
&lt;p&gt;According to UNCTAD calculations based on &lt;strong&gt;International Energy Agency&lt;/strong&gt; data, lithium is ...&lt;/p&gt;&lt;p&gt;&lt;a href=https://www.benzinga.com/markets/commodities/26/06/53189905/can-spacex-help-save-earth-from-the-critical-mineral-crunch?utm_source=benzinga_taxonomy&amp;amp;utm_medium=rss_feed_free&amp;amp;utm_content=taxonomy_rss&amp;amp;utm_campaign=channel alt=Can SpaceX Help Save Earth From The Critical Mineral Crunch?&gt;Full story available on Benzinga.com&lt;/a&gt;&lt;/p&gt;</description>
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 <pubDate>Mon, 15 Jun 2026 11:06:21 +0000</pubDate>
 <dc:creator>Stjepan Kalinic</dc:creator>
 <guid isPermaLink="false">53189905 at https://www.benzinga.com</guid>
<media:thumbnail medium="image" type="image/jpeg" url="https://cdn.benzinga.com/files/images/story/2026/06/15/Rare-earth-minerals.jpeg?optimize=medium&amp;dpr=1&amp;auto=jpg&amp;height=480&amp;width=720&amp;fit=crop"  /></item>
<item>
  <title>RH Could Rewrite Its Investment Narrative Over The Next Year, Analyst Says</title>
  <link>https://www.benzinga.com/analyst-stock-ratings/analyst-color/26/06/53175247/rh-could-rewrite-its-investment-narrative-over-the-next-year-analyst-says?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=channel</link>
  <description>&lt;p&gt;&lt;strong&gt;RH&lt;/strong&gt; &lt;a target=&quot;_blank&quot; href=&quot;https://www.benzinga.com/quote/RH&quot; rel=&quot;noreferrer noopener&quot;&gt;&lt;a href=&quot;https://www.benzinga.com/quote/RH&quot; target=&quot;_blank&quot; class=&quot;ticker-link&quot; data-ticker=&quot;RH&quot; data-exchange=&quot;NYSE&quot; rel=&quot;noopener&quot;&gt;(NYSE:&lt;a class=&quot;ticker&quot; href=&quot;https://www.benzinga.com/quote/RH&quot;&gt;RH&lt;/a&gt;)&lt;/a&gt;&lt;/a&gt; stock fell more than 6% on Friday after the luxury home furnishings retailer issued weaker-than-expected second-quarter revenue guidance, overshadowing &lt;a target=&quot;_blank&quot; href=&quot;https://www.benzinga.com/node/53155685&quot; rel=&quot;noreferrer noopener&quot;&gt;first-quarter results&lt;/a&gt; that topped Wall Street estimates and a higher full-year sales outlook.&lt;/p&gt;
&lt;h2 class=&quot;wp-block-heading&quot;&gt;Earnings Top Expectations&lt;/h2&gt;
&lt;p&gt;RH reported a first-quarter loss of $1.97 per share, beating analysts&amp;#8217; estimates for a loss &lt;a target=&quot;_blank&quot; href=&quot;https://www.benzinga.com/earnings&quot; rel=&quot;noreferrer noopener&quot;&gt;of $2.11 per share&lt;/a&gt;. Revenue rose to $800.3 million, ahead of the consensus estimate of $792.8 million.&lt;/p&gt;
&lt;p&gt;RH projected second-quarter revenue of $903.6 million to $921.6 million, below the Wall Street consensus estimate of $937.8 million.&lt;/p&gt;
&lt;p&gt;Despite the softer quarterly outlook, RH &lt;a target=&quot;_blank&quot; href=&quot;https://www.benzinga.com/calendars/guidance&quot; rel=&quot;noreferrer noopener&quot;&gt;raised&lt;/a&gt; its fiscal 2026 revenue guidance. The company now expects full-year sales of $3.594 billion to ...&lt;/p&gt;&lt;p&gt;&lt;a href=https://www.benzinga.com/analyst-stock-ratings/analyst-color/26/06/53175247/rh-could-rewrite-its-investment-narrative-over-the-next-year-analyst-says?utm_source=benzinga_taxonomy&amp;amp;utm_medium=rss_feed_free&amp;amp;utm_content=taxonomy_rss&amp;amp;utm_campaign=channel alt=RH Could Rewrite Its Investment Narrative Over The Next Year, Analyst Says&gt;Full story available on Benzinga.com&lt;/a&gt;&lt;/p&gt;</description>
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 <pubDate>Fri, 12 Jun 2026 17:48:43 +0000</pubDate>
 <dc:creator>Lekha Gupta</dc:creator>
 <guid isPermaLink="false">53175247 at https://www.benzinga.com</guid>
<media:thumbnail medium="image" type="image/jpeg" url="https://cdn.benzinga.com/files/images/story/2026/06/12/RHRestoration-Hardware-At-King-Of-Prussi.jpeg?optimize=medium&amp;dpr=1&amp;auto=jpg&amp;height=480&amp;width=720&amp;fit=crop"  /></item>
<item>
  <title>Why Is Adobe Stock Sinking Friday?</title>
  <link>https://www.benzinga.com/trading-ideas/movers/26/06/53163603/why-is-adobe-stock-sinking-friday?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=channel</link>
  <description>&lt;p&gt;&lt;strong&gt;Adobe Inc.&lt;/strong&gt; &lt;a target=&quot;_blank&quot; href=&quot;https://www.benzinga.com/quote/ADBE&quot; rel=&quot;noreferrer noopener&quot;&gt;&lt;/a&gt;&lt;a href=&quot;https://www.benzinga.com/quote/ADBE&quot; target=&quot;_blank&quot; class=&quot;ticker-link&quot; data-ticker=&quot;ADBE&quot; data-exchange=&quot;NASDAQ&quot; rel=&quot;noopener&quot;&gt;(NASDAQ:&lt;a class=&quot;ticker&quot; href=&quot;https://www.benzinga.com/quote/ADBE&quot;&gt;ADBE&lt;/a&gt;)&lt;/a&gt; stock is under heavy pressure in Friday&amp;#8217;s premarket, down 7.84%, after the company unveiled a strategic shift that could weigh on near-term growth metrics, despite posting stronger-than-expected fiscal &lt;a target=&quot;_blank&quot; href=&quot;https://www.benzinga.com/node/53156224&quot; rel=&quot;noreferrer noopener&quot;&gt;second-quarter results&lt;/a&gt;. The stock had already declined 6.25% in Thursday&amp;#8217;s regular trading session.&lt;/p&gt;
&lt;h2 class=&quot;wp-block-heading&quot;&gt;Strategy Shift Overshadows Earnings Beat&lt;/h2&gt;
&lt;p&gt;The broader market remains supportive, with Nasdaq futures rising 0.22% and S&amp;amp;P 500 futures gaining 0.44%. However, Adobe shares are moving sharply lower as investors digest management&amp;#8217;s &lt;a target=&quot;_blank&quot; href=&quot;https://www.benzinga.com/insights/news/26/06/53158041/adobe-reports-q2-2026-results-full-earnings-call-transcript&quot; rel=&quot;noreferrer noopener&quot;&gt;decision&lt;/a&gt; to prioritize long-term AI user growth over near-term monetization.&lt;/p&gt;
&lt;p&gt;Despite reporting better-than-expected revenue and earnings and raising its full-year outlook, Adobe said it will expand freemium experiences across products, including Firefly, Express, and Acrobat, while deferring previously planned Creative Cloud pricing and packaging changes.&lt;/p&gt;
&lt;p&gt;The company warned that the strategy will pressure second-half annual recurring revenue growth as it focuses on customer acquisition and engagement rather than immediate monetization.&lt;/p&gt;
&lt;p&gt;Management said the move is intended to accelerate monthly active user growth and expand Adobe&amp;#8217;s ...&lt;/p&gt;&lt;p&gt;&lt;a href=https://www.benzinga.com/trading-ideas/movers/26/06/53163603/why-is-adobe-stock-sinking-friday?utm_source=benzinga_taxonomy&amp;amp;utm_medium=rss_feed_free&amp;amp;utm_content=taxonomy_rss&amp;amp;utm_campaign=channel alt=Why Is Adobe Stock Sinking Friday?&gt;Full story available on Benzinga.com&lt;/a&gt;&lt;/p&gt;</description>
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 <pubDate>Fri, 12 Jun 2026 12:45:42 +0000</pubDate>
 <dc:creator>Akanksha Bakshi</dc:creator>
 <guid isPermaLink="false">53163603 at https://www.benzinga.com</guid>
<media:thumbnail medium="image" type="image/jpeg" url="https://cdn.benzinga.com/files/images/story/2026/06/12/Logo-And-Name-Of-Adobe-Inc--On-The-Side-.jpeg?optimize=medium&amp;dpr=1&amp;auto=jpg&amp;height=480&amp;width=720&amp;fit=crop"  /></item>
<item>
  <title>Stock Market Today: S&amp;P 500, Nasdaq, Dow Jones Futures Gain Ahead Of SpaceX&#039;s Debut—Adobe, Lennar, CoreWeave In Focus (UPDATED)</title>
  <link>https://www.benzinga.com/markets/equities/26/06/53160732/stock-market-today-sp-500-dow-futures-gain-ahead-of-spacexs-debut-adobe-lennar-coreweave-in-focu?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=channel</link>
  <description>&lt;p&gt;&lt;em&gt;(Editor&amp;#8217;s note: The future prices of benchmark tracking ETFs, and the headline were updated in the story.)&lt;/em&gt;&lt;/p&gt;
&lt;p&gt;U.S. stock futures rose on Friday, as the Nasdaq 100, S&amp;amp;P 500, and the Dow Jones indices advanced, following Thursday&amp;#8217;s higher close.&lt;/p&gt;
&lt;p&gt;Investors are eyeing &lt;strong&gt;SpaceX&lt;/strong&gt;&amp;#8216;s debut under the ticker SPCX at&amp;nbsp;&lt;a href=&quot;https://www.benzinga.com/markets/private-markets/26/06/52961203/elon-musk-spacex-75-billion-555-million-shares-at-135-share&quot; target=&quot;_blank&quot; rel=&quot;noreferrer noopener&quot;&gt;$135 per share&lt;/a&gt;, with options trading set to begin on Monday. The first few minutes are &lt;a href=&quot;https://www.benzinga.com/markets/tech/26/06/53157258/spacex-ipo-stock-valuation&quot;&gt;expected to be chaotic&lt;/a&gt; as market makers establish price discovery.&lt;/p&gt;
&lt;p&gt;Amid pushback against President &lt;strong&gt;Donald Trump&lt;/strong&gt;&amp;#8216;s assertions regarding an approved peace agreement, Iranian Parliament Speaker&lt;strong&gt; Mohammad Bagher Ghalibaf &lt;/strong&gt;cautioned that &quot;&lt;a href=&quot;https://www.benzinga.com/markets/economic-data/26/06/53160067/trump-signals-deal-progress-but-iran-parliament-speaker-warns-of-years-long-quagmire&quot;&gt;wrong strategies and impulsive decisions&lt;/a&gt;&quot; could ignite a more expansive crisis. He warned that such actions risk devastating energy infrastructure, roiling global markets, and creating an &quot;endless quagmire&quot; that would last for years. &lt;/p&gt;
&lt;p&gt;Meanwhile, the 10-year Treasury bond yielded 4.44%, and the two-year bond was at 4.05%. The CME Group&amp;#039;s FedWatch &lt;a href=&quot;https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html&quot;&gt;tool&lt;/a&gt;&amp;#8216;s projections show markets pricing a 96.4% likelihood of the Federal Reserve leaving the current interest rates unchanged during June&amp;#8217;s meeting.&lt;/p&gt;
&lt;p&gt;&lt;figure class=&quot;wp-block-table is-style-stripes&quot;&gt;&lt;br /&gt;
&lt;table class=&quot;has-fixed-layout&quot;&gt;
&lt;tbody&gt;
&lt;tr&gt;
&lt;td&gt;&lt;strong&gt;Index&lt;/strong&gt;&lt;/td&gt;
&lt;td&gt;&lt;strong&gt;Performance (+/-)&lt;/strong&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr&gt;
&lt;td&gt;Dow Jones&lt;/td&gt;
&lt;td&gt;0.55%&lt;/td&gt;
&lt;/tr&gt;
&lt;tr&gt;
&lt;td&gt;S&amp;amp;P 500&lt;/td&gt;
&lt;td&gt;0.30%&lt;/td&gt;
&lt;/tr&gt;
&lt;tr&gt;
&lt;td&gt;Nasdaq 100&lt;/td&gt;
&lt;td&gt;0.12%&lt;/td&gt;
&lt;/tr&gt;
&lt;tr&gt;
&lt;td&gt;Russell 2000&lt;/td&gt;
&lt;td&gt;0.50%&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;p&gt;&lt;/p&gt;&lt;/figure&gt;&lt;/p&gt;
&lt;p&gt;The &lt;strong&gt;SPDR S&amp;amp;P 500 ETF Trust&lt;/strong&gt; &lt;a class=&quot;ticker-link&quot; data-ticker=&quot;SPY&quot; data-exchange=&quot;NYSE&quot; href=&quot;https://www.benzinga.com/quote/SPY&quot; target=&quot;_blank&quot; rel=&quot;noopener&quot;&gt;(NYSE:&lt;a class=&quot;ticker&quot; href=&quot;https://www.benzinga.com/quote/SPY&quot;&gt;SPY&lt;/a&gt;)&lt;/a&gt; and &lt;strong&gt;Invesco QQQ Trust ETF&lt;/strong&gt; &lt;a class=&quot;ticker-link&quot; data-ticker=&quot;QQQ&quot; data-exchange=&quot;NASDAQ&quot; href=&quot;https://www.benzinga.com/quote/QQQ&quot; target=&quot;_blank&quot; rel=&quot;noopener&quot;&gt;(NASDAQ:&lt;a class=&quot;ticker&quot; href=&quot;https://www.benzinga.com/quote/QQQ&quot;&gt;QQQ&lt;/a&gt;)&lt;/a&gt;, which track the S&amp;amp;P 500 and Nasdaq 100, respectively, were higher in premarket on Friday. The SPY was up 0.44% at $741.04, while the QQQ advanced by 0.24% to $718.82.&lt;/p&gt;
&lt;p&gt;&lt;figure class=&quot;wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio&quot;&gt;&lt;br /&gt;
&lt;div class=&quot;wp-block-embed__wrapper&quot;&gt;
&lt;iframe loading=&quot;lazy&quot; title=&quot;S&amp;amp;P 500, Nasdaq, Dow Jones Futures Gain Ahead Of SpaceX&amp;#039;s Debut &amp;#x7C; Stock Market Today&quot; width=&quot;500&quot; height=&quot;281&quot; src=&quot;https://www.youtube.com/embed/bP1Je-O_KDI?feature=oembed&quot; frameborder=&quot;0&quot; allow=&quot;accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share&quot; referrerpolicy=&quot;strict-origin-when-cross-origin&quot; allowfullscreen&gt;&lt;/iframe&gt;
&lt;/div&gt;
&lt;p&gt;&lt;/p&gt;&lt;/figure&gt;&lt;/p&gt;
&lt;div class=&quot;bz-read-next-block&quot;&lt;br /&gt;
     data-variant=&quot;card&quot;&lt;br /&gt;
     data-news-mode=&quot;manual&quot;
&lt;p&gt;    &gt;&lt;/p&gt;
&lt;p&gt;
&lt;strong&gt;&lt;br /&gt;
Read Also:&lt;br /&gt;
&lt;a href=&quot;https://www.benzinga.com/markets/prediction-markets/26/06/53160378/sp500-june-12-open-up-or-down-polymarket-spacex-ipo-iran-deal&quot; target=&quot;_blank&quot; rel=&quot;noopener&quot;&gt;&lt;br /&gt;
Stock Market: Will S&amp;amp;P 500 Open Up Or Down Today?&lt;/a&gt;&lt;br /&gt;
&lt;/strong&gt;
&lt;/p&gt;
&lt;/div&gt;
&lt;h2 class=&quot;wp-block-heading&quot;&gt;&lt;strong&gt;Stocks In Focus&lt;/strong&gt;&lt;/h2&gt;
&lt;h2 class=&quot;wp-block-heading&quot;&gt;Adobe&lt;/h2&gt;
&lt;ul class=&quot;wp-block-list&quot;&gt;
&lt;li&gt;&lt;strong&gt;Adobe Inc. &lt;/strong&gt;&lt;a class=&quot;ticker-link&quot; data-ticker=&quot;ADBE&quot; data-exchange=&quot;NASDAQ&quot; href=&quot;https://www.benzinga.com/quote/ADBE&quot; target=&quot;_blank&quot; rel=&quot;noopener&quot;&gt;(NASDAQ:&lt;a class=&quot;ticker&quot; href=&quot;https://www.benzinga.com/quote/ADBE&quot;&gt;ADBE&lt;/a&gt;)&lt;/a&gt; declined 4.91% despite posting upbeat financial results for the second quarter and raising its guidance for the full year. It also announced that CFO and Executive VP &lt;strong&gt;Dan Durn&lt;/strong&gt; will depart the company on June 15. &lt;strong&gt;Steve Day&lt;/strong&gt;, Senior VP of Corporate Finance and CFO of Adobe&amp;#8217;s Customer Experience Orchestration business unit, will serve as interim CFO.&lt;/li&gt;
&lt;/ul&gt;
&lt;ul ...&lt;p&gt;&lt;a href=https://www.benzinga.com/markets/equities/26/06/53160732/stock-market-today-sp-500-dow-futures-gain-ahead-of-spacexs-debut-adobe-lennar-coreweave-in-focu?utm_source=benzinga_taxonomy&amp;amp;utm_medium=rss_feed_free&amp;amp;utm_content=taxonomy_rss&amp;amp;utm_campaign=channel alt=Stock Market Today: S&amp;amp;P 500, Nasdaq, Dow Jones Futures Gain Ahead Of SpaceX&amp;#039;s Debut—Adobe, Lennar, CoreWeave In Focus (UPDATED)&gt;Full story available on Benzinga.com&lt;/a&gt;&lt;/p&gt;</description>
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 <pubDate>Fri, 12 Jun 2026 12:39:22 +0000</pubDate>
 <dc:creator>Rishabh Mishra</dc:creator>
 <guid isPermaLink="false">53160732 at https://www.benzinga.com</guid>
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<item>
  <title>Friedman Industries (FRD) Stock Surges Over 21% After Hours: Why Is It Moving?</title>
  <link>https://www.benzinga.com/markets/equities/26/06/53159379/friedman-industries-stock-surges-over-21-percent-after-hours-why-is-it-moving?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=channel</link>
  <description>&lt;p&gt;&lt;strong&gt;Friedman Industries, Incorporated&lt;/strong&gt; &lt;a href=&quot;https://www.benzinga.com/quote/FRD&quot; target=&quot;_blank&quot; class=&quot;ticker-link&quot; data-ticker=&quot;FRD&quot; data-exchange=&quot;NASDAQ&quot; rel=&quot;noopener&quot;&gt;(NASDAQ:&lt;a class=&quot;ticker&quot; href=&quot;https://www.benzinga.com/quote/FRD&quot;&gt;FRD&lt;/a&gt;)&lt;/a&gt; shares surged 21.30% to $32 in after-hours trading on Thursday following a sharp increase in earnings per share in fourth-quarter results announced by the Texas-based steel processor.&lt;/p&gt;
&lt;p&gt;The results, covering the quarter and fiscal year ended Mar. 31, were announced after the market closed on Thursday.&lt;/p&gt;
&lt;h2 class=&quot;wp-block-heading&quot;&gt;Q4 Numbers In Focus&lt;/h2&gt;
&lt;p&gt;Friedman reported fourth-quarter net earnings of $9.2 million, or $1.30 diluted EPS, on sales of $191.8 million, up from $5.3 million, or &lt;a href=&quot;https://www.benzinga.com/quote/FRD/earnings&quot;&gt;$0.76 EPS&lt;/a&gt;, on $129.2 million a year prior. &lt;/p&gt;
&lt;p&gt;EBITDA expanded to $15.2 million from $8.5 million, while sales volume hit a company-record 189,000 tons, up 14% year-over-year.&lt;/p&gt;
&lt;h2 class=&quot;wp-block-heading&quot;&gt;FY26 Results&lt;/h2&gt;
&lt;p&gt;For full-year fiscal 2026, FRD earned $19.5 million, or $2.76 diluted EPS, on $646.9 million in sales, with EBITDA climbing to $34.3 million from $13.9 million on record annual volume of 706,000 tons.&lt;/p&gt;
&lt;p&gt;Management ...&lt;/p&gt;&lt;p&gt;&lt;a href=https://www.benzinga.com/markets/equities/26/06/53159379/friedman-industries-stock-surges-over-21-percent-after-hours-why-is-it-moving?utm_source=benzinga_taxonomy&amp;amp;utm_medium=rss_feed_free&amp;amp;utm_content=taxonomy_rss&amp;amp;utm_campaign=channel alt=Friedman Industries (FRD) Stock Surges Over 21% After Hours: Why Is It Moving?&gt;Full story available on Benzinga.com&lt;/a&gt;&lt;/p&gt;</description>
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 <pubDate>Fri, 12 Jun 2026 05:46:03 +0000</pubDate>
 <dc:creator>Mohd Haider</dc:creator>
 <guid isPermaLink="false">53159379 at https://www.benzinga.com</guid>
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