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Petco Drops on Adjusted Ebitda; Five Below Slides on Growth Concerns | Stock Movers

PVH Corp Photographer: Keith Bedford/Bloomberg

Bloomberg Markets 6d ago

Kotak Securities, HSBC & more: Top stocks to watch on June 01

UBS has downgraded MCX to neutral but raised the target price to Rs 3,600 from Rs 3,200 earlier. Analysts said that bourse’s peak earnings momentum is likely behind as there’s been elevated volatility across key commodities in recent months. So far in the April-June quarter (Q1FY27) there’s been healthy volumes on the exchange, after normalizing from the Q4FY26 levels.

Times of India 9d ago

Why we're raising our price target on Broadcom despite its post-earnings sell-off

Broadcom posted strong quarterly results after the bell on Wednesday, but didn't provide enough upside to its guidance to move the stock higher. Revenue in the fiscal second quarter of 2026, which ended May 3rd, was $22.19 billion, a slight miss versus the $22.27 billion consensus forecast, according to estimates compiled by LSEG. On an annual basis, revenue rose 48%.

CNBC 6d ago

Goldman Sachs, HDFC Securities & more: Top stocks to watch on June 02

Morgan Stanley maintained its overweight rating on Reliance Industries with the target price at Rs 1,803. Analysts said RIL is deploying $15 billion annual operating cash flows with shorter monetisation cycles now the new norm. New energy and AI infrastructure flagged as key value drivers funded by existing businesses.

Times of India 8d ago

Shopee slashes jobs in Singapore amid AI push; software engineers among those affected

Shopee slashes jobs in Singapore amid AI push; software engineers among those affected Employees at Shopee's Singapore headquarters told CNA they were laid off on Monday. E-commerce giant Shopee has slashed jobs in Singapore amid its latest foray into artificial intelligence, stating that the cuts come after a regular review of business operations. Responding to media queries on Wednesday (Jun 10), a Shopee spokesperson said the company regularly assesses its “staffing needs”.

Channel News Asia 10h ago

Zara owner Inditex defies Iran war concerns with strong sales as shares surge

Inditex delivered first-quarter results that exceeded analyst forecasts, with net sales climbing 5.8% to €8.7 billion and the company signalling an even stronger start to the second quarter. The firm's stock has surged over 5%. The Spanish fashion giant behind Zara, Inditex, posted net income of €1.4 billion in the first quarter, up 5.4% year-on-year and ahead of market expectations.

Euronews 7d ago

Top stocks to buy: Stock recommendations for June 1, 2026 week - check list

Stock market recommendations: Astra Microwave, and Shaily Engineering Plastics have been recommended by Motilal Oswal Wealth Management Research Desk as the top stocks to buy for the week starting June 1, 2026:Stock Name | Rating | CMP (Rs) | Target (Rs) | Upside (%) | Astra Microwave | Buy | 1381 | 1580 | 14% | Shaily Engineering Plastics | Buy | 2990 | 3404 | 14% | Astra MicrowaveASTRA delivered a strong FY26 performance, with results surpassing estimates due to better margins and a 29%...

Times of India 9d ago

Commentary: SpaceX’s capital needs are out of this world

Commentary: SpaceX’s capital needs are out of this world SpaceX's rising capital needs might be a tough sell ahead of its blockbuster initial public offering, says Chris Bryant for Bloomberg Opinion. Elon Musk’s SpaceX needed comparatively little money to build a world-beating space launch and satellite-broadband firm. But as it reframes itself partly as an artificial-intelligence (AI) infrastructure company - offering both terrestrial and potentially space-based computing capacity - its...

Channel News Asia 5d ago

Titan, Bharti Airtel & more: Top stocks to watch on June 8

Morgan Stanley maintained its overweight rating on Titan with the target price at Rs 5,182. Analysts projected a 19% annual jewellery revenue growth for Titan through FY30. The company is aiming to increase market share from 8.5% to 11%.

Times of India 2d ago

The World Cup will likely be the biggest gambling event in history

The 2026 FIFA World Cup is expected to be the biggest betting event in history — and the first to test the U.S. sports-wagering market at full scale. The tournament kicks off Thursday in Mexico City and will end about six weeks later at MetLife Stadium in East Rutherford, N.J. Between those two bookends, 48 teams will compete in 104 matches.

CNBC 8h ago