CME Group (CME) said Thursday it plans to launch Nasdaq CME Crypto Index futures on June 8, subject to regulatory approval.
The financially settled product will be the company's first market-cap-weighted futures offering and will be available in multiple sizes, the company said.
The contracts will allow investors to gain exposure to major digital assets such as bitcoin and ether, CME Group added.
Price: $296.11, Change: $-1.02, Percent Change: -0.34%
Boeing (BA) is expected to be awarded large aircraft orders during the current diplomatic summit in China, CNBC reported Thursday, citing an interview with US Treasury Secretary Scott Bessent.These purchase commitments represent a primary economic goal for the visit, and are intended to help balance the trade relationship through increased domestic manufacturing exports, the news outlet quoted Bessent as saying.The administration is prioritizing these deliverables to stabilize the financial connection between the two countries, the news outlet reported.Shares of the company were down 3.7% in Thursday trading.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $231.53, Change: $-9.07, Percent Change: -3.77%
BMO has upgraded Mattr (MATR.TO) to outperform (from market perform) and hiked its price target on the shares by $4.00, to $12.00 after the company posted stronger first-quarter result.Mattr has gone through some growing pains over the last few years, but management pointed to an improving outlook for 2026, driven in part by a large flexpipe order expected to be delivered in the second half of the year, analyst John Gibson writes."Given the improved outlook and inexpensive valuation, we are upgrading the shares to Outperform (Market Perform prior) and increasing our target price to $12 ($8 prior), reflecting 6x 2027 EV/EBITDA."Price: $11.00, Change: $+1.65, Percent Change: +17.65%
Ribbon Communications (RBBN) said Thursday it is providing voice communication technology to Salesforce (CRM) for its new agentic AI contact center offering, Agentforce Contact Center.The technology, including Session Border Controller Cloud Native edition and Policy and Routing Engine, routes and helps secure voice calls to agentic AI and human agents using the contact center, the company said.Ribbon and Salesforce worked together to install the software on multiple Amazon Web Services instances, it added.Shares of Ribbon were up about 6% in morning trading.Price: $2.76, Change: $+0.16, Percent Change: +5.96%