$BILL

Software stocks rose in the afternoon session as easing US-Iran tensions lowered Treasury yields and supported growth tech. The article cites AI-related deal activity including Yellow.ai’s $550 million SPAC merger with Bluerock (ticker YAI) and AutoRek’s acquisition of Grath. It highlights gains in Intuit, BILL, Workiva, Elastic, and Autodesk, and notes Elastic’s $69.37 price and 26.6% discount to its 52-week high.

BILL (NYSE: BILL) shares fell about 5.7% after 1TCH, a privately held fintech startup, launched a financial operating system for payments and work management that competes with BILL. The stock later recovered to $45.17, down 4.7% from the prior close. BILL is down 10.7% YTD.

Investing.com reports Billerud AB shares rose 6.8% to 68.75 SEK after the company’s Q2 2026 interim report. Net sales were SEK 9,834 million, flat sequentially and down 4% year over year. Adjusted EBITDA rose 26% sequentially to SEK 661 million, margin expanded to 7%, and cash conversion improved to 97% from 55% in Q1.

Billerud reported Q2 sales of SEK 9.83 billion, down 4% year over year, citing lower European prices offset by North America growth. Adjusted EBITDA fell to SEK 661 million and the margin to 7%. The quarter included a net loss of SEK 64 million due to a maintenance shutdown and emission allowance losses. Billerud expects Q3 solid North America conditions and somewhat improved, uncertain Europe demand.

After a softer June PPI, several stocks rose in the afternoon. The article says June wholesale inflation fell 0.3% vs expectations for flat, following a 0.4% consumer price decline, easing rate fears. BILL rose 7.4%, Marqeta (MQ) rose 6.4%, and Upland Software (UPLD) rose 9.5%, with UPLD at $5.57 and up 271% YTD.

TD Cowen began coverage of BILL Holdings (NYSE:BILL) with a Buy rating and a $43 price target, citing its position in cloud accounting management for small businesses and expectations for steadier share momentum despite muted sentiment after a 40% YTD decline. Truist downgraded BILL to Hold on June 10, with a $35 target, citing lower expected core revenue growth and less clear catalysts.

The article reviews Glen Kacher’s Light Street Capital (about $1.1B regulatory AUM; $534.23M in 13F holdings) and lists its top 10 stocks based on Q1 2026 13F positions. For BILL Holdings (NYSE:BILL), TD Cowen started coverage with a $43 Buy target; Truist downgraded to Hold with a $35 target, citing less clear catalysts and possible low-teens revenue growth.

BILL Holdings, a back-office automation fintech, is using JPMorgan Payments’ white-label, API-based digital wallet to subledger its clients’ accounts, according to American Banker. BILL’s first use case is reconciling client payments to its BILL Divvy Card. The wallet lets a single bank account operate like multiple accounts, reducing reconciliation time and improving access to credit. BILL said the platform will support future automation and AI products.

Cieri Michael (Chief Product Officer) sold 3,500 shares of BILL Holdings, Inc. (BILL) at $37.10 ($0.13M total) on 2026-05-29 under a Rule 10b5-1 trading plan.

Cieri Michael (Chief Product Officer) sold 23,775 shares of BILL Holdings, Inc. (BILL) at $36.80 ($0.87M total) on 2026-05-29 under a Rule 10b5-1 trading plan.