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Earnings Flash (RUM) Rumble Posts Q1 Per Share Loss $-0.12, vs. FactSet Est of $-0.09 Loss

Top Cryptocurrencies Rise; Bitcoin Tops $81,000

Major digital assets rose Thursday with Bitcoin (BTC-USD) topping $81,000.The CoinDesk Market Index, which tracks dozens of digital assets including Bitcoin, rose 3.4% in the past 24 hours. The Nasdaq 100 gained 0.9%, the S&P 500 climbed 0.8%, and the Dow Jones Industrial Average advanced 0.7%.Bitcoin rose 2.4% to $81,399, according to CoinMarketCap data. The most popular cryptocurrency's 24-hour trading volume increased 28% to $43.3 billion.Ethereum (ETH-USD), the second-largest digital asset by market value, climbed 1.9% to $2,299.XRP (XRP-USD) surged 6.9%, BNB (BNB-USD) gained 1.4%, and Solana (SOL-USD) added 2.3%. Dogecoin (DOGE-USD) increased 2.9%, while Cardano (ADA-USD) rose 3.9%.The US 10-year Treasury yield stood at 4.459% at 3 p.m. ET Thursday, down from 4.478% Wednesday, while the five-year yield fell to 4.119% from 4.128%.The total market value of the cryptocurrency industry rose 2.5% in the past 24 hours to $2.71 trillion, with trading volume gaining 2.6% to $165.3 billion.Price: $81449.98, Change: $+2166.64, Percent Change: +2.73%

$ADA-USD$BNB-USD$BTC-USD$DOGE-USD$ETH-USD$SOL-USD$XRP-USD

Wire50d ago

A2Z Cust2Mate Gets Approval for $30 Million Commercial Credit Line

A2Z Cust2Mate Solutions (AZ) said Thursday it received approval from an Israeli commercial bank for a $30 million commercial line of credit to support the large-scale manufacturing and deployment of its smart shopping carts.The line of credit, which will be secured by purchase orders received by the company, is designated to fund the mass production and deployment of smart carts for existing orders.The approval follows a due diligence process by the bank evaluating the company's technology, purchase orders, and business model, according to A2Z.Shares of A2Z rose more than 4% in Thursday afternoon trading.Price: $6.76, Change: $+0.29, Percent Change: +4.48%

$AZ

Wire50d ago

KBR Maintains Quarterly Dividend at $0.165 a Share, Payable on July 15 to Shareholders of Record on June 15

$KBR

Wire50d ago

Camden Property Trust Shares Fall After Brokerages Cut Price Targets, Downgrade Stock

Camden Property Trust (CPT) shares were down around 1.2% in recent Thursday trading after multiple price target cuts and a rating downgrade.Morgan Stanley lowered its price target to $117 from $119 and kept an equalweight rating. UBS also cut its price target to $106 from $108 and maintained a neutral rating.Meanwhile, Scotiabank downgraded the stock to sector underperform from sector perform and adjusted its price target to $95 from $113.Trading volume stood at over 634,350 shares compared with a daily average of about 1.1 million shares.Price: $104.09, Change: $-1.26, Percent Change: -1.20%

$CPT

Wire50d ago

Autohome Shares Fall After HSBC Downgrade

Autohome (ATHM) shares fell 7% in Thursday trading after HSBC downgraded the stock to hold from buy and cut its price target to $17.30 From $25.50.Intraday volume topped 628,400 shares, compared with the daily average of 761,183.Price: $17.85, Change: $-1.35, Percent Change: -7.03%

$ATHM

Wire50d ago

JBS Shares Fall After Downgrade From JPMorgan

JBS (JBS) shares were down more than 4% in Thursday trading after JPMorgan downgraded the company's stock to neutral from overweight, and lowered its price target to $18.50 from $20.50.Trading volume stood at over 4.7 million shares, compared with a daily average of roughly 4.9 million.Price: $14.06, Change: $-0.64, Percent Change: -4.32%

$JBS

Wire50d ago

Cisco Systems' AI Momentum, Hyperscaler Spending Strength to Drive Growth Into 2027, UBS Says

Cisco Systems (CSCO) is positioned for continued growth into fiscal 2027 as rising hyperscaler artificial intelligence spending, stronger campus demand and improving traction in security support expanding revenue and earnings, UBS said in a note emailed Thursday.The brokerage said Cisco's AI systems and optical products should continue benefiting from broad-based increases in data center and AI infrastructure spending.The company's operational strength has helped it navigate ongoing supply-chain and component cost pressures better than peers, the brokerage said.UBS raised its price target on Cisco to $132 from $95 and reiterated its buy rating.Price: $114.99, Change: $+13.12, Percent Change: +12.88%

$CSCO

Wire50d ago

Amphastar Shares Fall After Wells Fargo Downgrade

Amphastar Pharmaceuticals (AMPH) shares were falling over 4% in late Thursday trading after Wells Fargo downgraded the stock to equal-weight from overweight, and cut its price target to $19 from $30.Trading volume stood at more than 448,000 shares, compared with a daily average of about 592,000.Price: $17.43, Change: $-0.89, Percent Change: -4.86%

$AMPH

Wire50d ago

Gladstone Investment Shares Rise After B. Riley Upgrade

Gladstone Investment (GAIN) shares rose 5.2% in Thursday afternoon trading after B. Riley upgraded the stock to buy from neutral and boosted its price target to $16.50 per share from $14.50.Trading volume exceeded 469,000 shares, compared with a daily average of over 385,000.Price: $16.55, Change: $+0.81, Percent Change: +5.15%

$GAIN

Wire50d ago

Assurant Shares Rise After Morgan Stanley Upgrade

Assurant (AIZ) shares were up over 4% in Thursday trading after Morgan Stanley upgraded the stock to overweight from equal weight, and raised its price target to $285 from $240.Trading volume stood at more than 308,000 shares, compared with a daily average of about 397,000.Price: $252.54, Change: $+9.93, Percent Change: +4.09%

$AIZ

Wire50d ago

Hanover Insurance Expands Offering of Motorcycle, Off-Road Vehicle Insurance Products Into Additional US States

Hanover Insurance (THG) is expanding its motorcycle and off-road vehicle insurance product offerings into more US states, the company said Thursday.The company's motorcycle insurance products have been expanded into Maryland and Virginia, while its off-road vehicle offering is now available in Maine, New Hampshire, Ohio and Pennsylvania, it said.Hanover plans to expand its off-road vehicle offering to additional states later this year, it added.Shares of the company were up 1.1% in Thursday afternoon trading.Price: $191.34, Change: $+2.04, Percent Change: +1.08%

$THG

Wire50d ago

Truist Securities Raises Price Target on First Industrial Realty Trust to $67 From $66, Maintains Buy Rating

First Industrial Realty Trust (FR) has an average rating of overweight and mean price target of $63.93, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $61.69, Change: $-0.17, Percent Change: -0.28%

$FR

Wire50d ago

Top Midday Decliners

Doximity (DOCS) reported overnight lower fiscal Q4 adjusted earnings and issued fiscal Q1 and full-year 2027 revenue guidance below analysts' estimates.Multiple analysts also downgraded their respective ratings on the company's stock.Shares sank 25% following a surge in intraday trading volume to over 17.9 million from a daily average of about 3.08 million.Live Ventures (LIVE) swung to a net loss in fiscal Q2 as sales slipped from a year ago.Shares slumped 25% as intraday trading volume advanced to more than 41,000 from a daily average of about 5,000.Aeluma (ALMU) reported Wednesday a swing to a fiscal Q3 loss and a year-over-year drop in revenue.Shares dropped 17%, with intraday trading volume at over 4.52 million versus a daily average of about 1.35 million.Price: $17.48, Change: $-5.91, Percent Change: -25.27%

$ALMU$DOCS$LIVE

Wire50d ago

Argus Lowers McDonald's Price Target to $320 From $380

McDonald's (MCD) has an average rating of overweight and mean price target of $332.47, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $275.01, Change: $-0.69, Percent Change: -0.25%

$MCD

Wire50d ago

Update: Regenxbio Shares Fall After Q1 Swings to Loss, Revenue Declines; Phase 3 Study of RGX-202 Meets Primary Endpoint

(Updates with latest stock price movement in the headline and first paragraph, Q1 earnings in the second through sixth paragraphs.)Regenxbio's (RGNX) shares were down about 36% in Thursday afternoon trading after its Q1 swung to a loss and revenue declined.The company reported a Q1 net loss Thursday of $1.72 per diluted share, swinging from earnings of $0.12 a year earlier.Analysts polled by FactSet expected a loss of $1.34.Revenue for the quarter ended March 31 fell to $6.4 million from $89.0 million a year earlier.Analysts surveyed by FactSet expected $25.8 million.The company expects its cash, cash equivalents and marketable securities of $150.5 million as of March 31 to fund its operations into early 2027.Separately, the company said Thursday its investigational gene therapy RGX-202 met the primary endpoint in the pivotal phase III portion of the Affinity Duchenne trial for Duchenne Muscular Dystrophy.The company said 93% of patients achieved over 10% microdystrophin expression at week 12.Regenxbio said it is preparing to pursue accelerated approval based on the data and is targeting a potential commercial launch in 2027.Price: $6.47, Change: $-3.57, Percent Change: -35.56%

$RGNX

Wire50d ago

Altria Maintains Quarterly Dividend at $1.06 per Share, Payable July 10 to Holders of Record June 15

$MO

Wire50d ago

Deutsche Bank Adjusts Honeywell International Price Target to $250 From $255, Maintains Buy Rating

Honeywell International (HON) has an average rating of overweight and mean price target of $250.22, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $218.39, Change: $+0.43, Percent Change: +0.20%

$HON

Wire50d ago

Market Chatter: Over 50 Grok Workers Leave SpaceXAI

Over 50 engineers and researchers working on xAI's Grok models have left the company since SpaceX acquired it in February, The Information reported Thursday, citing several people with knowledge of the moves.SpaceXAI didn't immediately reply to a request for comment from.(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: $444.31, Change: $-0.96, Percent Change: -0.22%

$TSLA

Wire50d ago

Top Midday Gainers

Cisco (CSCO) overnight reported a year-over-year jump in fiscal Q3 earnings and revenue, topping market expectations, and raised its fiscal 2026 guidance. It also announced restructuring plans that included lay-offs of nearly 4,000 employees.Shares advanced 12%, with intraday trading volume rising to over 54.4 million from a daily average of about 21.7 million.POET Technologies (POET) and Lumilens unveiled a partnership on Thursday to develop a new class of wafer-level photonic integration for artificial intelligence infrastructure.As part of a supply agreement, Lumilens placed an initial purchase order with POET for Electrical-Optical Interposer-based engines valued at $50 million. Orders may increase to more than $500 million over five years.Shares surged 39% as intraday trading volume soared to over 95.9 million from a daily average of roughly 27.1 million.STAAR Surgical (STAA) reported surprise Q1 earnings late Wednesday as sales more than doubled from a year ago, beating expectations.Shares jumped 11% as intraday trading volume rose to over 2.75 million from a daily average of about 1.27 million.Price: $114.79, Change: $+12.92, Percent Change: +12.68%

$CSCO$POET$STAA

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