Southern California Edison (SCE) will host a community meeting on June 30 in Pasadena to provide updates on its Wildfire Recovery Compensation Program following the Eaton Fire. The program has offered over $675 million to community members, with early survey results showing favorable feedback from participants. The meeting will include a panel discussion with program participants and experts to assist community members with recovery resources.

General Dynamics Corp. experienced a significant surge in options trading, with volume reaching 3,761 contracts by 2 p.m. New York time on Thursday. Call options accounted for the majority of this activity at 3,297 contracts, and shares for General Dynamics rose 6.59% to trade at $363.54. This data indicates heightened investor interest or speculative activity in the company's stock.

ServiceNow (NYSE: NOW) stock declined over 3% on Thursday despite a broader market rally, as investors took profits and reassessed its technical outlook, particularly after a "death cross" formed in August 2025. This underperformance occurred even as ServiceNow and IBM expanded their AI partnership to help enterprises modernize systems and deploy AI at scale. Analysts hold a "Buy" consensus rating for ServiceNow with an average price target of $139.

The New Albany Co. has acquired 146 acres of land near Johnstown for $12.9 million, close to the Intel Corp. campus. This purchase was made after the real estate firm intervened before the farmland could go to auction. The transaction highlights continued investment in the areas surrounding Intel's new facility.

Caterpillar Inc. (CAT) saw its stock price rise by 3.99% on June 11, driven by a 7.9% increase in its quarterly dividend and strong Q1 2026 financial results that surpassed estimates. A favorable market outlook for heavy construction equipment, robust demand in its Power & Energy segment, and improving US manufacturing conditions further bolstered investor confidence. Despite a recent UBS downgrade citing valuation concerns and macroeconomic headwinds, positive company-specific news and market conditions outweighed previous reservations.

Truist Securities has lowered its price target for Insulet Corporation (NASDAQ:PODD) to $219 from $250, while maintaining a Buy rating. The valuation adjustment is based on a 4x EV/Sales multiple on the firm's 2027 estimated revenue, citing looming competition and long-term concerns about GLP-1s, despite the stock appearing undervalued by InvestingPro analysis. This change comes amid recent medical device corrections by Insulet, although Benchmark has reiterated a Buy rating with a $250 price target.

JPMorgan has increased its price target for Public Storage (PSA) to $338 from $291, while keeping a "Neutral" rating on the stock. This update reflects JPMorgan's revised outlook on the self-storage REIT. Other analysts have also recently adjusted their price targets for Public Storage, indicating ongoing evaluation of the company's performance.

City Therapeutics, a Cambridge-based biotechnology company, launched in October 2024 with $135 million to develop next-generation RNA interference medicines. The company aims to extend silencing therapies beyond the liver, leveraging a strategic collaboration with Biogen worth up to $1 billion. Having secured an additional $100 million in June 2026, City Therapeutics is focused on advancing its RNAi pipeline deeper into clinical development, particularly for neurological diseases in partnership with Biogen.

Trading activity for CoStar Group Inc. options surged on Thursday, with a significant increase in put option volume. Put options accounted for 3,566 contracts compared to 425 call options, with the June 18, 2026 $30 put being the most active. This surge occurred as CoStar Group (NASDAQ:CSGP) shares dropped by 3.81%.

Tracey Gunnlaugsson, Exxon Mobil's head of global trading, is retiring, according to sources familiar with the matter. Her departure follows a period where Exxon reported significant trading-related "timing losses" in the first quarter, contrasting with European oil majors' trading profits during the same period. While Exxon's approach to trading focuses on optimizing internal networks, the company believes these losses are temporary and will unwind in subsequent quarters.