Explore 3 Stock Ideas & Industry Insights Download Free Report

News

May PCE Inflation Hits Highest Core Level Since 2023, Reinforcing Fed's Hawkish Rate Stance

• The May PCE price index rose 4.1% annually, the highest since April 2023, and 0.4% on the month, with the annual reading in line with consensus while the monthly figure came in 0.1 percentage point below estimates.

Nitish Kishor | 25 June 2026

US Durable Goods Orders Fall 4.5% in May as Aircraft Slump Drives Steepest Drop Since June 2025

• US durable goods orders fell 4.5% to $332 billion in May, the steepest monthly decline since June 2025, driven by a 51.8% collapse in nondefense aircraft and parts orders that pulled the transport equipment category down 14.0%.

Nitish Kishor | 25 June 2026

US Initial Jobless Claims Fall to Four-Week Low of 215,000, Beating Expectations as Labour Market Stays Resilient

• Initial jobless claims fell 12,000 to 215,000 in the week ending June 20, the lowest in four weeks and well below the 225,000 consensus, while continuing claims rose 21,000 to 1,821,000, the highest in three months.

Nitish Kishor | 25 June 2026

US Q1 2026 GDP Growth Revised Up to 2.1% as Import Downgrade and Investment Strength Offset Consumer Slowdown

• US Q1 2026 GDP growth was revised up to 2.1% annualised from 1.6% in the second estimate, with the net trade contribution improving materially as imports growth was revised down sharply to 11.8% from 21.1%.

Nitish Kishor | 25 June 2026

Builders FirstSource (NYSE: BLDR) Surges Over 11% on Share Buybacks, Acquisition, and Housing Sector Recovery

• BLDR closed at $85.41 on June 24, 2026, advancing more than 11% in one of the strongest homebuilder sessions of the year.

Nitish Kishor | 25 June 2026

Cardinal Infrastructure Group (NYSE: CDNL) Advances Over 12% as Housing Recovery Lifts Construction Services

• CDNL closed at $81.94 on June 24, 2026, advancing more than 12% in a housing-adjacent infrastructure recovery.

Nitish Kishor | 25 June 2026

BlueLinx Holdings (NYSE: BXC) Gains Nearly 11% on Housing Sector Rally and Strong Recent Earnings Beat

• BXC closed at $60.70 on June 24, 2026, advancing nearly 11% in a broad building-products recovery session.

Nitish Kishor | 25 June 2026

Micron Blows Past Estimates, PCE Stays Hot at 4.1% and Oil Falls Below $70 for the First Time Since the War: 7 Reads Before Thursday's Bell

The 8:30 AM data dump delivered a uniformly hawkish set of prints. PCE Price Index Y/Y for May held at 4.1%, matching the prior reading exactly and missing the 3.8% forecast; Core PCE Y/Y also held at 3.4% against a 3.3% forecast. PCE M/M …

Nitish Kishor | 25 June 2026

Wheeler REIT (NASDAQ:WHLR) Plunges Nearly 19% as Leveraged Balance Sheet and Rate Pressure Combine

Wheeler Real Estate Investment Trust (NASDAQ:WHLR) closed at $2.43 on June 24, plunging nearly 19% in a session with no fresh identifiable catalyst beyond the persistent structural concerns that have weighed on the stock.

Nitish Kishor | 25 June 2026

Wellgistics Health (NASDAQ:WGRX) Drops Nearly 9% in Low-Float Healthcare Session With No Catalyst

• Wellgistics Health operates in healthcare distribution and pharmacy services with limited institutional ownership.

Nitish Kishor | 25 June 2026
Support

Hi! How can we help you today?

Loading…