Wall Street ends lower, off record highs
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Wall Street firms generated $45.9 billion in profits during the first half of 2026, according to a new report from the New York State Comptroller's office.
"This raises the risk that EPS growth estimates for the broad market could hit a major air pocket if any of those assumptions around capex, pricing, and breadth prove to be materially off base," Krishna warned. The optimism surrounding AI has led to a top-heavy market.
Eight firms just raised their Zscaler price targets, but one holdout analyst set a target below where the stock already trades, and that disagreement reveals a fault line investors need to understand before the next earnings report.
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Washington and Wall Street chose to delay paying their bills and to put them on your tab
The polite word for what the government and Wall Street are doing is deferring payment, like opening a tab at a bar that somebody else will pay later.
One Wall Street firm just slapped a price target on Micron so far above the Street consensus that it demands either serious examination or serious skepticism, and the argument behind it could change how you think about memory stocks entirely.
Futures are trading lower as today’s oil and interest rates are higher. Baseball legend Babe Ruth was often credited with the saying, “Records are made to be broken,” and Tuesday was one of those days for the stock market.
The Australian sharemarket is set to retreat at the open as Wall Street’s benchmark index pulled back from its record high.
It’s day two of David Ellison’s Skydance Corp. merger gamble, and so far Wall Street isn’t eager to bet on it. Shares in the post-merger Skydance, trading on the New York Stock Exchange under the ticker symbol "SKYD,