Shutterstock (SSTK) shares plunged more than 30% in premarket trading on Wednesday after Getty Images abandoned its planned $3.7 billion merger with the company, ending a deal that was expected to create one of the world’s largest licensed visual content providers. Getty Images shares were also lower, falling more than 5% in premarket trading following
The S&P 500 Index had a difficult performance in June this year, slipping by about 1.1%. It ended the month at 7,500, up by 18% from its lowest level this year, and a few points below the all-time high of 7,613. This article provides an SPX Index forecast and that of its ETFs like VOO,
Private-sector hiring slowed more than expected in June as employers added fewer workers ahead of the closely watched monthly government jobs report, while healthcare-related industries continued to account for the bulk of new employment. According to payroll processor ADP, private employers added a seasonally adjusted 98,000 jobs in June, below economists’ expectations of 110,000 and
US stocks opened lower on Wednesday as investors booked profits in semiconductor stocks following a record-breaking first half of 2026, while renewed US-Iran tensions and expectations of tighter monetary policy also weighed on sentiment. The Dow Jones Industrial Average declined 253 points. The S&P 500 slipped 0.46% while the Nasdaq Composite fell 0.68%. Semiconductor stocks
Oobit has expanded its Tether-backed non-custodial crypto payments platform to Guatemala and Paraguay, extending its Latin American footprint as demand for stablecoin-based payments continues to grow across the region. The launch allows users in both countries to spend and send cryptocurrencies anywhere Visa is accepted, covering more than 150 million merchants worldwide across online and
ServiceNow NOW and Salesforce shares climbed 5% on Wednesday after Guggenheim upgraded the software companies, arguing that their valuations have become attractive despite ongoing risks posed by artificial intelligence. The upgrade comes after a difficult year for enterprise software stocks, with investors reassessing growth prospects as AI reshapes the industry. ServiceNow shares are down 33%
Silver’s bounce on Tuesday looked more like a pause in the selloff than the start of a convincing turn. The metal found buyers near $56.60 in Asia, but the broader mood stayed cautious as traders leaned into the idea that the Federal Reserve’s next move may still be a rate increase. For a market that
Ethereum briefly climbed above $1,600 after corporate treasury firms expanded their Ether holdings, but the rally quickly lost momentum as sellers pushed the token back below the key psychological mark. According to company announcements, institutional buying gathered pace after Bitmine Immersion Technologies disclosed that it had increased its Ethereum treasury to 5.70 million ETH, equivalent
Britain’s economy grew by 0.6% during the January-to-March quarter of 2026, in line with expectations, according to figures released by the Office for National Statistics (ONS). The latest estimates showed that growth was supported by gains across all major sectors of the economy, with services making the largest contribution. The ONS estimated that UK real
Aluminum is set for its steepest monthly loss since 2008, plunging more than 15% in June as optimism over Middle Eastern supply returning to the market unwinds the rally triggered by war‑related disruptions earlier this year. The correction reflects both easing supply fears and broader macroeconomic headwinds, including a stronger US dollar and hawkish Federal