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Robinhood Markets, Inc. (NASDAQ:HOOD) extended its advance before the June 16 opening bell after announcing plans to reduce its full-time workforce by approximately 10% and remove management layers.
Rackspace Technology, Inc. (NASDAQ:RXT) shares soared before the June 16 opening bell after the cloud-services company signed a definitive agreement with Advanced Micro Devices, Inc. (NASDAQ:AMD) for a phased deployment of artificial-intelligence computing infrastructure.
The FOMC two-day meeting begins today; Warsh's rate decision, dot plot, and first press conference as Fed Chair are due Wednesday at 2 PM ET. CME FedWatch prices a 98.6% probability of a hold at 3.50-3.75%. The March dot plot showed one cut in …
W&T Offshore Inc. (NYSE:WTI) shares moved lower before the June 16 opening bell, extending a sharp decline from the previous session as falling crude oil prices weighed on offshore oil and gas producers.
Woodside Energy Group Ltd. (NYSE:WDS) showed a modest rebound before the June 16 open, following a heavy selloff in the previous session as crude prices fell and pressure spread across large-cap energy names.
Trio Petroleum Corp. (NYSE American:TPET) shares edged lower before the June 16 market open, extending the previous session’s decline as investors reduced exposure to speculative small-cap energy stocks.
Tamboran Resources Corporation (NYSE:TBN) was modestly firmer in premarket trading on June 16 after the prior session’s selloff, as investors reassessed risk exposure in smaller-cap exploration and development stocks.
Stabilis Solutions, Inc. (NASDAQ:SLNG) entered the June 16 premarket period following volatile trading as investors weighed near-term financial weakness against the company’s longer-term liquefied natural gas contracts.
SM Energy Company (NYSE:SM) steadied before the June 16 opening bell after falling sharply in the previous session as weaker crude oil prices triggered selling across US exploration and production stocks.
Sky Quarry Inc. (NASDAQ:SKYQ) moved lower ahead of the June 16 market open, extending the previous session’s decline as investors reduced exposure to micro-cap and development-stage energy companies.
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