Today: 16 June 2026

Goldman Sachs stock slips on New Year’s Eve as Fed repo borrowing hits a record

Goldman Sachs stock slips on New Year’s Eve as Fed repo borrowing hits a record

Goldman Sachs shares fell 0.3% to $881.64 in thin year-end trading Wednesday. The New York Fed’s repo facility saw record borrowing at $74.6 billion, underscoring strong demand for cash. Wall Street’s main indexes edged lower, with the Dow down 0.19% and the S&P 500 off 0.15%. Investors are watching for Goldman’s Jan. 15 earnings and the Fed’s Jan. 27-28 meeting.
31 December 2025
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Pitney Bowes NT 43 drops 3% today as Treasury yields rise — what’s next for PBI.PRB

Pitney Bowes NT 43 drops 3% today as Treasury yields rise — what’s next for PBI.PRB

Pitney Bowes’ NT 43 notes fell 3.0% to $21.04 Wednesday as U.S. 10-year yields rose and year-end trading thinned. About 50,000 shares changed hands, with prices ranging from $21.00 to $21.72. The drop followed a recent cash tender offer, with $75.7 million of the notes accepted for purchase out of $425 million outstanding. Pitney Bowes’ common shares slipped 0.85% to $10.56.
31 December 2025
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GlobalFoundries (GFS) stock slides after Wedbush downgrade warns chip downturn will last longer

GlobalFoundries (GFS) stock slides after Wedbush downgrade warns chip downturn will last longer

GlobalFoundries shares fell 2.6% to $35.17 after Wedbush downgraded the stock and cut its price target, citing weak demand in industrial and auto markets. The drop outpaced other semiconductor stocks. Wedbush flagged risks from rising memory prices and sluggish consumer electronics demand. About half of GlobalFoundries’ revenue comes from mobile and IoT chips.
31 December 2025
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Endeavour Silver stock falls in New York trade as silver rout hits miners ahead of China export curbs

Endeavour Silver stock falls in New York trade as silver rout hits miners ahead of China export curbs

Endeavour Silver shares fell 2.7% to $9.54 in New York on Wednesday, with about 9.3 million shares traded. The drop followed CME Group’s second margin hike on gold and silver futures in a week and China’s move to tighten silver export controls. Silver surged 161% in 2025, breaking $80 an ounce. Endeavour’s Terronera mine in Mexico began commercial production in October.
31 December 2025
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Exxon Mobil stock slips today as oil heads for biggest annual drop since 2020

Exxon Mobil stock slips today as oil heads for biggest annual drop since 2020

Exxon Mobil shares slipped 0.6% to $120.22 in afternoon trading Wednesday as oil prices hovered near $61 a barrel for Brent and $58 for WTI. U.S. crude inventories fell by 1.9 million barrels last week, but gasoline and distillate stocks rose sharply. Investors are watching the Jan. 4 OPEC+ meeting and late-January earnings for direction. Other oil majors were mixed to lower.
31 December 2025
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MarineServices brings workboat ‘Puffin’ back to Dun Laoghaire as charter fleet expands

MarineServices brings workboat ‘Puffin’ back to Dun Laoghaire as charter fleet expands

MarineServices.ie has acquired the workboat Puffin and returned it to Dún Laoghaire, expanding its commercial vessel charter fleet. The vessel holds an Irish Marine Survey Office P5 licence and is equipped with certified lifting gear, including a 4-ton winch and 2.1-ton crane. Puffin previously served the Commissioners of Irish Lights and supported offshore buoy operations since 1984.
31 December 2025
AppLovin (NASDAQ: APP) stock dips today as year-end tech pullback pressures growth names

AppLovin (NASDAQ: APP) stock dips today as year-end tech pullback pressures growth names

AppLovin shares fell 1.3% to $685 in thin year-end trading Wednesday, underperforming major indexes as investors rotated out of high-growth tech stocks. Treasury yields rose after jobless claims dropped to 199,000, pressuring growth shares further. The Invesco QQQ Trust and S&P 500-tracking SPDR fund each slipped about 0.2% in afternoon trading.
31 December 2025
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Applied Digital (APLD) climbs on fresh analyst calls as ChronoScale spin-off plan stays in focus

Applied Digital (APLD) climbs on fresh analyst calls as ChronoScale spin-off plan stays in focus

Applied Digital shares climbed 4.6% to $25.20 Wednesday afternoon, outperforming a weaker market after Northland and Lake Street reiterated bullish ratings ahead of the Jan. 7 earnings call. The company recently signed a non-binding term sheet to spin out its cloud unit and merge it with EKSO Bionics, forming ChronoScale, a GPU-accelerated cloud platform. Applied Digital expects to own 97% of the new entity.
31 December 2025
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Corcept Therapeutics (CORT) stock dives nearly 50% after FDA rejects relacorilant — what investors watch next

Corcept Therapeutics (CORT) stock dives nearly 50% after FDA rejects relacorilant — what investors watch next

Corcept shares plunged nearly 50% to $35.31 after the FDA rejected relacorilant for Cushing’s-related hypertension, citing insufficient evidence of effectiveness. The move erased about $3.7 billion in market value. Corcept said it will meet with the FDA to discuss next steps. The company is also awaiting a July 2026 FDA decision on relacorilant in ovarian cancer.
31 December 2025
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Santa Claus Rally Fizzles: S&P 500, Dow Slip as Tech Weighs on 2025 Finale

Santa Claus Rally Fizzles: S&P 500, Dow Slip as Tech Weighs on 2025 Finale

Wall Street’s main indexes slipped in thin trading on December 31, with the Dow down 116 points by midday, as Microsoft and Apple led declines. Despite the late-year dip, major indexes remained on track for double-digit gains in 2025. Investors shifted focus to the Federal Reserve’s 2026 outlook after minutes revealed divisions over further rate cuts. AI and chip stocks drove much of the year’s rally, while some firms lagged sharply.
31 December 2025
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JPMorgan stock edges up in thin year-end trade as Fed minutes and funding markets steer banks

JPMorgan stock edges up in thin year-end trade as Fed minutes and funding markets steer banks

JPMorgan shares rose 0.3% to $324.25 in afternoon trading Wednesday, outperforming major U.S. banks. Treasury yields climbed after weekly jobless claims dropped to 199,000, below forecasts. The Federal Reserve minutes showed officials divided over the 2026 rate outlook. Investors await JPMorgan’s earnings on Jan. 13 and the Fed’s Jan. 27–28 meeting.
31 December 2025
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Stock Market Today

  • Morgan Stanley Keeps Bull Market Call Amid June Pullback
    June 16, 2026, 3:21 PM EDT. Morgan Stanley strategist Michael Wilson says the recent stock market correction is a normal shift within an earnings-driven bull market, not its end. After a June pullback of 2.6% in the S&P 500 and 4.7% in the Nasdaq, driven by weakness in semiconductor and AI stocks, the market rebounded 1.7% following eased inflation fears. Wilson highlights that earnings revisions and market breadth have peaked but will moderate, with earnings-per-share estimates expected to rise through year-end. The firm maintains a year-end S&P 500 target of 8,000, citing potential support from a stable Middle East resolution and a possible rollback of Federal Reserve rate hike bets. Morgan Stanley warns the correction could extend into Q2 earnings season but sees the bull market intact despite near-term volatility.

Latest articles

Ford Shares Dip After China Software Rule Adds Fresh Risk

Ford Shares Dip After China Software Rule Adds Fresh Risk

16 June 2026
Ford shares slipped 1.1% to $14.61 after Reuters reported the company needs U.S. approval to keep importing China-built Lincoln Nautilus SUVs due to new connected-vehicle rules, raising fresh regulatory uncertainty for investors ahead of Ford’s expected Q2 earnings report.
MARA Holdings Jumps After Bitcoin Treasury Update Brings Miner Into View

MARA Holdings Jumps After Bitcoin Treasury Update Brings Miner Into View

16 June 2026
MARA Holdings surged 2.1% to $14.94 on heavy volume, outperforming the Nasdaq, as investors focused on speculation about a 1,000-Bitcoin treasury purchase reported by Crypto.news, though MARA has not confirmed the transaction; the stock’s rally comes despite Q1 revenue and net loss declines, with analysts holding a mixed view and price targets averaging $17–$18.38, reflecting high volatility and ongoing execution risks.
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