Today: 1 July 2026
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NASDAQ:VEEV 1 May 2026 - 4 June 2026

Veeva Raises Outlook After Beat, But Shares Dip as AI Looms

Veeva Raises Outlook After Beat, But Shares Dip as AI Looms

Veeva Systems stock was lower before the open on Thursday. The life-sciences software group topped quarterly estimates and raised its forecast for the full year, but investors still had questions about AI, services growth, and customer shifts, even after what looked like a solid report. Veeva shares were quoted at $178.72, down $4.54, or about 2.5%, in premarket trading in New York. The drop followed Veeva's fiscal first-quarter revenue of $882.9 million, beating the consensus estimate of $857.75 million from Investing.com. Adjusted EPS was $2.24, also above the $2.14 estimate.
Veeva Systems Stock Surges on S&P 500 Entry: Why VEEV’s May 7 Move Matters

Veeva Systems Stock Surges on S&P 500 Entry: Why VEEV’s May 7 Move Matters

Veeva Systems Inc. surged Friday after S&P Dow Jones Indices announced the life-sciences software firm is set to join the S&P 500 ahead of the May 7 open, taking over the spot from Coterra Energy Inc.—now being bought by Devon Energy Corp. Late Friday, Veeva traded at $172.29, a gain of about 10.5%, putting its market cap near $29.1 billion. This shift is significant: it can draw in buyers who aren’t just watching for next quarter’s results. Index-trackers, those funds that snap up stocks to replicate the S&P 500, usually pile in when a company gets added. As of Friday, Veeva shares had slumped 30% on the year—right up until the premarket surge.

Stock Market Today

  • US Futures Dip as Oil Drops, Investors Weigh Inflation Signals
    July 1, 2026, 5:49 AM EDT. US stock futures slipped early Wednesday, with E-mini S&P 500 and Micro E-mini Nasdaq-100 contracts both down as trading opened to mixed macro news. The Strategic Petroleum Reserve is now at its lowest since 1983 after a big release aimed at lowering fuel prices, temporarily easing inflation on consumers. Oil retreated, while eurozone inflation stuck close to the 2% mark, leaving questions about just how much cheaper energy will affect banks, utilities, and real estate stocks. Sandisk jumped almost 11% on a price target bump, Credo Technology climbed on new index inclusions, and Bloom Energy advanced with more funding. Traders watched for fresh inflation data, oil supply numbers, and China's manufacturing reports as they tried to gauge how stable markets are with rate hikes still in focus.
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