The Morning Bull - US Market Morning Update Monday, Jun, 1 2026
US stock futures are pointing slightly higher this morning, with E mini S&P 500 contracts up about 0.2% and Nasdaq 100 futures ahead roughly 0.3%, as investors balance strong US data, calmer inflation signals, and mixed news from China. The Chicago PMI, a key scorecard of business activity in the Midwest, jumped to 62.7 in May 2026, which hints that companies are busier and could keep profits supported. At the same time, the 10...
Cogent Communications Holdings (CCOI) has drawn investor attention after the stock fell about 10% in the latest session and is now down roughly 23% over the past month.
See our latest analysis for Cogent Communications Holdings.
The recent slide builds on a weaker trend, with the share price down over the past quarter and the 1 year total shareholder return also declining sharply. This suggests sentiment has cooled and investors may be reassessing Cogent Communications Holdings' risk and...
Recent performance snapshot
KalVista Pharmaceuticals (KALV) has drawn fresh attention after a strong stretch for the stock, with the price at US$26.87 and total return figures over the past year and past 3 months standing out.
See our latest analysis for KalVista Pharmaceuticals.
For context, the share price has shown strong momentum over the past year, with a 90 day share price return of 67.31% and a 1 year total shareholder return of 127.71%. However, the 5 year total shareholder return of...
Why PicS (PICS) is on investors’ radar
PicS (PICS) has drawn fresh attention after a stretch of weaker share performance, with the stock down 8% over the past month and 35% over the past 3 months.
At a recent close of US$10.59 and a market value of about US$1.37b, the Brazil focused digital financial services company sits against annual revenue of US$10,277.82 and net income of US$1,091.49.
See our latest analysis for PicS.
The recent 1 day share price return declined 0.94%, capping a broader...
In May 2026, Boost Run Inc. announced a multi-year Boost Run Service Agreement with Thinking Machines Lab Inc. to provide high-performance managed GPU compute and cloud infrastructure, including 5,000 NVIDIA B300 GPUs under Orders totaling about US$471.70 million over an initial 36-month term.
An interesting feature of this deal is that the customer must pay contracted fees for the full term regardless of actual usage, subject only to limited exceptions under the master agreement.
We’ll...
Recent move in Arxis stock
Arxis (ARXS) drew investor attention after a one day share price decline of 4.1%, following a strong 29.1% gain over the past week and a 27.9% rise over the past month.
See our latest analysis for Arxis.
At a latest share price of $44.93, Arxis has combined a strong 7 day share price return of 29.1% with a 15.9% year to date share price gain. This suggests that momentum has recently strengthened after earlier periods of softer performance.
If this kind of sharp move...
Wondering if Colgate-Palmolive at around US$90.13 is offering fair value today, or if the price is getting ahead of itself.
The stock is up 16.0% year to date and 27.2% over 3 years, while the return over the last year is slightly down 0.6%, which can leave investors questioning whether the recent strength has fully run its course or is just pausing.
Recent news coverage has focused on Colgate-Palmolive's position as a global consumer staples stock, with attention on how its brands and...
Robinhood Markets (NasdaqGS:HOOD) received Canadian regulatory approval to acquire WonderFi, a regulated crypto platform.
The deal gives Robinhood a foothold in Canada's crypto market and expands its presence beyond the U.S.
The transaction signals an expansion of Robinhood's crypto and cross-border ambitions following recent product launches.
For investors watching NasdaqGS:HOOD, the WonderFi approval is about more than just another crypto asset platform. Robinhood has built its brand...
Estée Lauder Companies (NYSE:EL) has ended merger talks with Spanish beauty group Puig.
The discussions had focused on creating a larger global beauty company combining both portfolios.
The decision halts plans for a potential tie up that could have reshaped parts of the prestige and mass beauty markets.
For you as an investor, this brings attention back to Estée Lauder as a standalone business focused on prestige skincare, makeup, fragrance, and hair care. The company operates in a global...
If you are wondering whether Consolidated Edison at about US$105.63 a share is offering fair value or a potential opportunity right now, this article breaks down what the current price might be telling you.
The stock is up 5.6% year to date and 4.4% over the past year, after declines of 2.7% over the last week and 4.4% over the past month. This can leave investors asking whether recent moves reflect changing expectations or shorter term sentiment.
Recent coverage around utilities has focused...
If you are wondering whether Swarmer at US$56.21 is priced for opportunity or already reflecting high expectations, this article walks through what the current share price might be telling you about value.
The stock has recently shown sharp moves, with returns of 44.6% over the past 7 days, 52.6% over the past 30 days, and 81.3% year to date. These moves may signal shifting views on its potential and risk.
Recent news coverage around Swarmer has focused on providing fresh, evergreen analysis...
For investors wondering whether Bank of Hawaii at around US$76.60 is offering fair value or a margin of safety right now, this article breaks down what that price actually implies.
The stock is up 12.0% year to date and 19.7% over the past year, even though it has fallen 1.5% in the last week and 4.4% over the last month.
Recent coverage has focused on Bank of Hawaii as investors reassess regional bank risks and capital positions. This helps frame the stock's move over shorter timeframes...
STAG Industrial (NYSE:STAG) is participating in NAREIT's 2026 REITweek Conference.
For the event, the company has released a refreshed investor presentation and business update.
These materials provide updated insight into management's current priorities and positioning.
For investors tracking NYSE:STAG, the REITweek appearance and new materials arrive with the stock at a recent close of $37.87 and a 1-year return of 10.2%. Over 3 years the stock shows an 18.4% return, and over 5 years a...
Commercial Metals (NYSE:CMC) has scheduled an Investor Day, where the CEO and executive team plan to outline the latest company strategy and business priorities.
Management is expected to provide an update on operations and long term outlook, along with a deeper look at how the business is being positioned.
Commercial Metals enters this Investor Day with its stock at $76.05 and a track record of multi year returns, including 151.1% over the past 5 years and 73.5% over 3 years. The stock is...
ResMed (NYSE:RMD) and Oura announced a partnership to connect consumer sleep insights with clinical sleep care pathways.
The collaboration focuses on sleep health education and directing Oura users who may have sleep issues toward ResMed-supported resources.
The move is intended to broaden access to sleep care while expanding both companies' presence in digital health.
For investors watching NYSE:RMD, this partnership comes at a time when the stock is trading around $190.57 and has faced...
Federal National Mortgage Association (OTCPK:FNMA), or Fannie Mae, has started marketing a new batch of reperforming loans for sale.
Bidding on these loans is open to qualified investors, according to the company's announcement.
Fannie Mae plays a central role in the U.S. housing finance system by buying and guaranteeing mortgages, then packaging them into securities for investors. Reperforming loans are mortgages that were previously delinquent but are now current, and selling these pools...
Investor home purchases and pending home sales have dropped to their lowest levels since 2020, according to recent Rocket-powered reports.
High home prices, elevated mortgage rates, and wider economic uncertainty are contributing to weaker housing activity.
These housing trends are important for Rocket Companies, which is closely tied to U.S. mortgage and housing transaction volumes.
Rocket Companies (NYSE:RKT) sits at the center of this cooling housing market, with its business closely...
If you are wondering whether Corsair Gaming stock is priced attractively after a volatile few years, this article breaks down what the current share price might be implying about value.
The stock has recently moved sharply, with returns of 57.7% over the past week, 74.4% over the past month, and 101.7% year to date, while the 1 year return is 38.1% and longer 3 and 5 year periods show declines of 38.9% and 61.9% respectively.
These swings have put Corsair Gaming back on watchlists,...
Chagee Holdings (NasdaqGS:CHA) opened Q1 2026 with revenue of C¥3.5b and basic EPS of C¥2.36, alongside net income excluding extra items of C¥450.33m, as the stock trades around $12.76. The company has seen quarterly revenue move from C¥3.39b in Q1 2025 to C¥3.55b in Q1 2026, while basic EPS shifted from C¥6.58 to C¥2.36 over the same period. This sets up a picture where topline scale is paired with changing per share profitability. For investors, a key consideration is how to weigh that...
Agios Pharmaceuticals halted development of tebapivat in lower risk myelodysplastic syndromes after a Phase 2b trial did not meet internal efficacy thresholds.
The decision removes a candidate from Agios’s rare blood disorder pipeline and follows a review of trial data against the company’s internal benchmarks.
Agios plans to continue concentrating resources on its sickle cell disease program and broader portfolio in rare hematologic conditions.
For investors tracking NasdaqGS:AGIO, the...