Buy the dip on these credit card giants as stablecoin weakness is overblown, says Wells Fargo

Investors should consider taking advantage of the recent pullback in shares of Mastercard and Visa , Wells Fargo said on Tuesday. The firm reiterated its overweight ratings on the two global payments technology names and kept its price target at $625 for Mastercard and $395 for Visa. Those targets each imply around 15% upside from…

Stock futures rise after Trump says there is a ceasefire timeline for Iran-Israel conflict: Live updates

Traders work at the New York Stock Exchange on June 23, 2025. NYSE Stock futures rose on Monday night after President Donald Trump said that there is a ceasefire timeline for Israel and Iran. Futures tied to the Dow Jones Industrial Average added 185 points, or 0.4%. S&P 500 futures gained 0.5%, while Nasdaq 100…

China car suppliers can be early winners in the humanoid race, Morgan Stanley says

If the future is all about building mechanical mobility, whether on wheels or robotic legs, auto parts suppliers have a competitive edge. “We believe humanoid robots will bring a third wave of growth for auto parts suppliers,” Morgan Stanley analysts said in a June 18 report. The authors include lead autos analyst Adam Jonas, industrial…

How the MicroStrategy bubble could pop, hurting your portfolio

MicroStrategy’s rapid rise in market value and continued bitcoin purchases have created risk, even in the portfolios of some investors aiming to ignore crypto altogether, according to JPMorgan. The company, which now calls itself simply Strategy, was the first major firm to transform itself into a bitcoin treasury company. That resulted in a surging stock…

Stocks making the biggest moves midday: GXO Logistics, CarMax, Nvidia, Circle and more

Check out the companies making the biggest moves midday: GXO Logistics — The stock popped more than 11% after the supply chain and warehousing management firm raised its full-year earnings outlook. The company now sees earnings before interest, taxes, depreciation and amortization, or EBITDA, between $860 million and $880 million. GXO also appointed Patrick Kelleher…