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Kroger Q1 Earnings Preview: Can the Grocery Giant Hold Its Same-Store Sales?
Kroger (KR) reports Q1 fiscal 2026 results on June 18, with Wall Street watching whether same-store sales stay within guidance and EPS keeps its beat streak alive.
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Accenture Reports Q3 Earnings Before the Bell: Stock Down 37% YTD — What the Market Is Watching
Accenture (ACN) reports fiscal Q3 2026 results before the open on June 18. With the stock off 37% year-to-date and options pricing in a ~7% swing, all eyes are on AI consulting revenue, margins, and bookings.
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May Retail Sales Surge 0.9% — Nearly Double the Expected Gain
U.S. retail and food service sales hit $763.7 billion in May, jumping 0.9% month-over-month — nearly twice the 0.5% consensus. Gains were broad-based, though economists caution that tax-refund tailwinds are already fading.
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Dow Hits Record High Then Plunges 507 Points — Here's What the Fed Did to Spook Markets
The Dow set its third consecutive intraday record on June 17 before reversing sharply after the Fed's hawkish dot plot signaled rate hikes ahead. All three major indexes closed deep in the red.
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Warsh's First FOMC: Rates Hold, but the Dot Plot Just Flipped Hawkish
Kevin Warsh chaired his first Fed meeting and kept rates at 3.5%–3.75% — but the real story was a dot plot that erased expected cuts and now leans toward a hike, paired with a stripped-down 130-word statement and the death of forward guidance.
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Oil Price Plunge Sends Boeing Up ~4.5% in a Single Session
Boeing surged ~4.5% on June 16 after a U.S.-brokered Middle East peace deal triggered a 5%+ oil price drop — cheaper fuel means healthier airline margins, and healthier airlines buy more planes. Here's how the transmission mechanism works.
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Snap's $2,195 AR Glasses Land With a Thud — Stock Drops Nearly 10%
Snap unveiled its Specs AR glasses at $2,195 — triple the price of Meta's Ray-Ban smart glasses — and the market wasn't impressed. SNAP closed down 9.72% on June 16 as investors balked at the steep price tag.
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Lionsgate Surges 14% on Takeover Buzz — Then Netflix and Fox Both Say No
Lionsgate Studios (LION) jumped nearly 14% on June 16 after rumors swirled that it could be a takeover target. Netflix and Fox have since denied any acquisition plans.
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Netflix Loses $22B Roku Bid to Fox, Stock Slides 3.6%
Fox beat out Netflix in the race for Roku at roughly $160 a share — a ~$22B deal — leaving NFLX down 3.61% on Tuesday. The same day, Netflix also denied rumors it was pursuing Lionsgate.
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TSMC Locks In Amkor for 10-Year Advanced Packaging Deal; AMKR Jumps 7%
TSMC and Amkor Technology signed a decade-long partnership to expand advanced semiconductor packaging in Arizona, targeting surging AI and high-performance computing demand. AMKR closed up roughly 7.4% on the day.
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SpaceX Drops $60 Billion on Cursor — Four Days After Going Public
Just four days after its Nasdaq debut, SpaceX signed a definitive agreement to acquire Cursor parent Anysphere in an all-stock deal valued at roughly $60 billion. Shares jumped another ~10% on the news.
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Chip Stocks Hit With Profit-Taking, Dragging Nasdaq Lower — While the Dow Hits a New All-Time High
U.S. stocks split sharply on June 16: a wave of profit-taking hammered Nvidia, Broadcom, Micron, and AMD, pushing the Nasdaq down 1.15%, while the Dow climbed to a fresh record as money rotated into value and defensive plays.