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Here are Wednesday’s biggest analyst calls: Nvidia, Apple, Micron, SanDisk, IBM, Viking, Yum, Meta & more
Here are Wednesday’s biggest calls on Wall Street.
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Private payrolls grew by 122,000 in May, stronger than expected, ADP reports
Unlike prior months, where job growth was concentrated in healthcare and a few other sectors, gains were more broad-based.
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Trump sanctions force Meliá to quit 15 hotels in Cuba
Meliá has announced that it is halting operations at 15 Cuban hotels. Iberostar did so on 1 June at 12 hotels, bowing to US sanctions on Gaesa, the military group controlling tourism.
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The three reasons why oil is staying below $100 a barrel
Power Insider: With so many problems still around Iran and the Strait of Hormuz, why are oil prices so far off from their recent highs?
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Video. Empty stations and cancelled trains as nationwide strike hits Portugal
Video. A general strike in Portugal disrupted transport, schools and hospitals as unions protested labour reforms they say weaken workers’ rights.
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China a ‘very big problem’ for EU sanctions against Russia: O’Sullivan
Exclusive: As the bloc readies its 21st sanction package against Russia for the country’s ongoing invasion of Ukraine, the EU Sanctions Envoy David O’Sullivan revealed to Euronews that Beijing remains a “very big problem” for the efficacy of measures. #EuropeToday
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Buy this airline stock equipped to handle higher fuel costs, says JPMorgan
The bank initiated coverage of the airline with an overweight rating.
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Anthropic widens Mythos testing despite warnings of mass cyberattacks
Anthropic is expanding access to Mythos, its powerful cybersecurity model, to 150 new partners across more than 15 countries even as the company warns that a successful attack on any of their systems could affect more than 100 million people.
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Stocks making the biggest moves premarket: Blackstone, Marvell Technology, Palo Alto Networks & more
These are the stocks posting the largest moves premarket.
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Record heat deaths in Spain after unusually warm May
Extreme heat arrived before summer, causing a record 101 deaths in May. Health authorities warn that health risks rise with every degree above alert thresholds.
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