Here are some of the stories Wall Street is watching on Friday, June 27. Both the S&P 500 (^GSPC) and Nasdaq Composite (^IXIC) are trading at record highs. Netflix (NFLX) has seen its shares rally this year. An analyst at Morningstar raised their fair value estimate on the stock to $750, still well-below its current trading levels. Core Scientific (CORZ) shares continue to rise following a Wall Street Journal report that CoreWeave (CRWV) is in talks to buy the company. Both Uber (UBER) and Lyft (LYFT) are slipping after Canaccord Genuity analyst George Gianarikas downgraded the ride-hail platforms to Hold on concerns about how robotaxis will impact the companies. Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance’s Market Minute.
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