Shares of beauty products company Estée Lauder (NYSE:EL) jumped 5.4% in the morning session after Deutsche Bank analysts upgraded the stock from Hold to Buy and raised the price target from $71 to $95 (implying more than a 20% upside), noting that demand concerns in the beauty space were fading.
Shares of server solutions provider Super Micro (NASDAQ:SMCI) fell 5.8% in the morning session after the company announced a proposed offering of $2.0 billion in convertible senior notes due 2030. The stock was likely down due to concerns about the dilutive effect of the notes, which can be converted to the company's ordinary stock, raising the total share count.
Shares of electric vehicle pioneer Tesla (NASDAQ:TSLA) jumped 7.6% in the morning session after the company launched its highly anticipated robotaxi service in Austin, Texas, impressing Wall Street.
Shares of telehealth company Hims & Hers Health (NYSE:HIMS) fell 29.2% in the morning session after Novo Nordisk, the maker of the weight loss drug Wegovy, announced it would terminate its agreement with the company (Hims & Hers).
While President Donald Trump says that these sites have been “obliterated,” Iran told the IAEA that there has been no increase in off-site radiation at the three facilities hit by the U.S.
It was a disappointing week for the S&P 500. The index dropped just 0.15% from its previous week’s close to exit the trading week ending on Friday, 20 June 2025, at 5,967.84.
Exxon Mobil shares are trading higher by 1.5% Monday morning. Escalating geopolitical tensions in the Middle East are raising fears of oil supply disruptions.
Lam Research (LRCX) flashed a bullish Golden Cross on its chart, with short-term moving average breaking above long-term average, amid strong demand for its gear from chip giants like TSMC and Samsung.
While Tesla appears to be well-positioned, the autonomous ride-hailing opportunity is already priced into the stock, UBS analyst Joseph Spak told investors in a research note.
Curious about the market action on Monday? Dive into the US markets to explore the gap up and gap down stocks in the S&P500 index during today's session.
Starbucks to accelerate Green Apron staffing model rollout, causing earnings headwind in 2026-2027. Analyst predicts sales boost and reduces earnings estimates.
