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• AI Data Center Power Narrative: Shoals surged alongside solar peers Enphase Energy and SolarEdge on a broader AI data center power demand theme.
• UBS and BofA Price Target Hikes: UBS raised its target to $340 from $230, while BofA lifted its target to $365 with a Buy rating, both citing AI infrastructure strength.
• The NBS Manufacturing PMI rose to 50.3 in June from 50.0 in May, beating the 50.1 consensus forecast and marking a third straight month above the 50 expansion threshold.
• Headline inflation eased to 2.3% year-over-year in June, down from 2.6% in May and below the 2.6% market consensus.
• The decision overturns the 1935 Humphrey's Executor precedent that shielded independent agency heads from at-will dismissal.
• Trump urged gasoline retailers to lower prices immediately, warning of "big problems" if they fail to act, as crude oil trades near $68 a barrel
• Trump's "gouging" framing and the standard economic explanation for slow retail pricing are in direct tension, and the evidence doesn't clearly favor one over the other
• The Dow Jones Industrial Average closed above 52,000 for the first time, ending at 52,182.74, up 0.59% on the session.
FutureFuel Corp. (NYSE: FF) announced a forthcoming change in its board composition as director Paul Manheim prepares to conclude his service. The development reflects an ongoing evolution in the company’s governance structure.
Motorsport Games Inc. (NASDAQ: MSGM) announced a restructuring of its board of directors in late June 2026. The board was expanded to include an additional seat, and Stephen Hood was named to the board as a director. The appointment took effect immediately and will …
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