IBM (IBM -26%) is trading sharply lower after issuing disappointing Q2 guidance that fell short of expectations on both EPS and revenue. While management attributed much of the weakness to temporary ...

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Rivian (RIVN) is sharply lower after launching an underwritten public offering of 75 mln shares, with underwriters receiving an option to purchase another 11.25 mln shares. The offering follows a ...

*Semiconductor stocks are up nicely ahead of the open, with backing from a buy-the-dip trade. *Oil prices and Treasury yields are well-behaved at the moment, which is a support for the rebound action.

[BRIEFING.COM] The S&P 500 (-0.2%), Nasdaq Composite (-0.5%), and DJIA (-0.1%) are modestly lower this morning as chipmaker stocks give back some of their previous strength while the broader market is ...

[BRIEFING.COM] S&P futures vs fair value: +7.00. Nasdaq futures vs fair value: +24.00. The S&P 500 futures currently trade eight points above fair value. Equity indices in the Asia-Pacific region had ...

[BRIEFING.COM] The S&P 500 (+0.5%), Nasdaq Composite (+1.0%), and DJIA (+0.3%) are improving from their opening gains as semiconductor names continue to move higher this morning. The Conference ...

[BRIEFING.COM] The S&P 500 (+0.4%), Nasdaq Composite (+0.7%), and DJIA (+0.1%) trade modestly higher as semiconductor stocks see an extension of yesterday's gains while the broader market is mixed.

[BRIEFING.COM] The major averages continue to drift higher as tech gains overshadow weakness in the broader market. AeroVironment (AVAV 159.82, +20.82, +14.98%) is soaring higher today after this ...

The Conference Board's Consumer Confidence Index increased to 91.2 in June (Briefing.com consensus 94.2) from a revised 90.6 (from 93.1) in May. In the same period a year ago, the index stood at 95.2.

Patrick Industries (PATK) is sharply lower after agreeing to combine with LCI Industries (LCII) in an all-stock merger that would create a much larger component supplier across the outdoor recreation, ...