FEATURE Micron Technology stock was falling early Wednesday amid a wider selloff in technology stocks. However, prices for its memory chips are only heading upward. The shares were down 3.2% in premarket trading.
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Or he genuinely thought Marvell, a company with a market capitalization of around $200 billion at the time and one that Nvidia is invested in, would beat AMD to join the exclusive club. The stock jumped 7.7% on Tuesday to close at an all-time high of $580.91 with a market capitalization of $947 billion.
Citigroup cut its 12-month Bitcoin price target to BTC $82,000 from $112,000 and its Ethereum price target to ETH $2,240 from $3,175 in a research note published July 1, 2026. The note simultaneously lowers its assumed net spot crypto ETF inflows over the next 12 months to zero, down from ...
(Updated with a response from a Google spokesperson in the sixth paragraph.) Alphabet's (GOOGL, G
Samsung and SK Hynix are pouring half a trillion dollars into new factories that would relieve the components crisis making consumer electronics exorbitantly expensive.
It's simpler than you might think to build a recession-proof portfolio.
PayPal Holdings has been hit hard over the past five years. Yet at around US$43, valuation checks now lean cheap, which raises the question of whether the market is overly pessimistic or simply pricing in weaker profitability ahead. The stock is down about 85% over five years, which points to a major reset in how investors value PayPal’s earnings power. Management’s large cost cutting and AI focused restructuring can support margins over time, but execution risks around user engagement and...
Carnival’s analyst fair value estimate has been revised from US$37.70 to US$35.60, a cut of about 5.6% that resets expectations for where the stock might trade over time. This shift comes as analysts weigh better cost execution and fuel savings against softer yield guidance, patchy European demand, and geopolitical risks that could affect booking trends. Read on to see what is behind the split views on Carnival and how you can track the story as the narrative evolves. Stay updated as the Fair...
Sea Limited (NYSE:SE) is one of the 10 Fastest Growing Asian Stocks to Buy Now. On June 11, 2026, Sea Limited’s (NYSE:SE) Shopee is cutting hundreds of developer jobs globally, Bloomberg’s Josh Xiao, Tao Zhang, and Olivia Poh reported. The reductions affect roles such as quality assurance and amount to about 8% of Shopee’s developer […]
Alphabet's (GOOGL, GOOG) Google is facing a South Korean investigation for allegedly abusing its dom
Technology stocks were getting off to a stuttering start to the third quarter, with shares slipping in Wednesday's premarket. Memory-chip maker Micron Technology—an AI trade darling that has more than quadrupled this year so far—was down 3.
Comcast stock has fallen sharply over the past few years, yet on current checks it still screens as cheap. This sets up a clear tension between weak share price performance and what the valuation metrics are implying today. Over the past 5 years Comcast has delivered a total return of about 46.5% in decline, which means long term holders have seen substantial value eroded even before factoring in the latest swings in sentiment. Planned moves like spinning off NBCUniversal and Sky into a...
DigitalOcean Holdings, Inc. was recently added to the Russell 1000, Russell 1000 Growth, Russell 1000 Dynamic, Russell Midcap, and related growth benchmarks, while being removed from the Russell 2000 and associated indexes as part of FTSE Russell’s semi-annual reconstitution that took effect on June 29, 2026. This index migration reflects DigitalOcean’s increased scale and index eligibility, potentially broadening its shareholder base as more passive and benchmarked funds track the...
Net income increased by just over four times, or 407%, to $1.06bn in the quarter.
FEATURE Micron Technology stock was falling early Wednesday amid a wider selloff in technology stocks. However, prices for its memory chips are only heading upward. The shares were down 3.2% in premarket trading.
Despite capital markets integration being a top priority for EU leadership, member states remain reluctant to deepen it further. A full European capital markets union comparable to the US remains out of reach, even though it is seen as necessary to compete in strategic sectors like AI and defence.View on euronews

<body><p>STORY: From the U.S. President's big crypto profits to Citigroup cutting its forecasts for bitcoin and ether...</p><p>This is Crypto Weekly.</p><p>:: Crypto Weekly</p><p>:: Trump scores big crypto profits</p><p>U.S. President Donald Trump reported more than $1.4 billion in income from his family’s crypto ventures last year.</p><p>That's according to a review of his latest financial disclosures.</p><p>It showed how Trump now derives most of his income from digital assets that have benefited from his policies.</p><p>The filings disclosed his companies received almost $800 million from the crypto venture he and his sons co-founded, called World Liberty Financial.</p><p>He also reported another $635 million from the sale of his Trump meme coins.</p><p>:: Citigroup trims bitcoin and ether forecasts</p><p>Citigroup slashed its 12-month forecasts for bitcoin and ether.</p><p>It lowered its bitcoin target to $82,000 from a previous $112,000, while ether also dropped to just over $2,200 from above $3,000.</p><p>Citigroup said weaker investor interest and negative exchange-traded fund flows hurt the outlook for the two largest cryptocurrencies.</p><p>The lender also blamed a lack of progress on U.S. digital asset registration.</p><p>:: British investors suing Binance</p><p>Almost 1,700 British investors are suing Binance and founder Changpeng Zhao for at least $200 million.</p><p>They allege the crypto trading platform sold them risky, complex derivative products without regulatory authorisation.</p><p>Some of the claimants claim they lost tens of thousands of dollars.</p><p>Binance vowed to defend itself but didn't comment further on ongoing litigation.</p><p>:: Crypto firms bankroll U.S. midterms</p><p>And cryptocurrency companies have spent $189 million so far to influence this year's U.S. midterm elections.</p><p>That's according to a new report from the consumer advocacy organization Public Citizen.</p><p>The figures outpaces their spending for the previous election cycle.</p><p>Public Citizen added more than one-third of all corporate money contributed to this year's November elections, and primary elections leading up to them, has come from the crypto industry.</p></body>
Express Scripts, Caremark and Optum Rx sued the FTC after the agency accused them of driving up the cost of insulin. But the countersuit is being put to bed now that the PBMs are settling with regulators.
Fed officials now believe higher interest rates will be necessary to curb inflation.
JD Sports Fashion PLC (LSE:JD., OTC:JDSPY) shares fell on Wednesday after results from major partner Nike Inc (NYSE:NKE) pointed to weaker sales ahead and continued pressure on consumer demand. The sports fashion retailer was down 2.3% at 82.78p, as investors read across from Nike’s...
SELLAS Life Sciences Group stock has surged over the past three years, yet its low overall value score and rich market multiples leave investors weighing a strong price run against signals that the shares may already be pricing in a lot of good news. A roughly 8.5x return over 3 years places SELLAS Life Sciences Group among the stronger movers in biotech, which can heighten the risk that expectations get ahead of fundamentals. Anticipation around the Phase 3 REGAL AML trial readout and...
BigBear.ai Holdings (NYSE:BBAI) has been removed from several Russell indices, including the Russell 3000E and Russell Microcap. The changes affect related benchmark and value/growth segments, altering the stock's presence in widely followed index families. Index removal can influence trading activity, shareholder mix, and how visible the company is to institutional investors that track these benchmarks. BigBear.ai Holdings, trading at $3.67, is coming under fresh scrutiny after this index...
Under the deal, Alcoa will acquire South32’s bauxite, alumina and aluminum assets in a deal worth up to $5.45 billion.
U.S. stock futures were heading for losses to kick off the third quarter of the year. Markets are looking ahead to an appearance by Federal Reserve Chairman Kevin Warsh at a central-banking forum. Dow Jones Industrial Average futures were down 242 points, or 0.5%.
Citigroup slashed its 12-month forecasts for bitcoin and ether, saying weakening investor appetite, negative exchange-traded fund flows and a lack of progress on U.S. digital asset legislation have hurt the outlook for the two largest cryptocurrencies. The brokerage, in a note dated Tuesday, lowered its target for bitcoin to $82,000 from $112,000 and trimmed its ether forecast to $2,240 from $3,175. Bitcoin was last trading at $58,864.27, its weakest level since September 2024, having halved in value from an all-time high of $126,223.18 in October last year.
DigitalOcean Holdings (NYSE:DOCN) has been promoted to the Russell 1000 Index as part of the latest FTSE Russell reconstitution. The change adds DigitalOcean to a wider set of large cap benchmarks that are tracked by many institutional investors. The company’s shares most recently closed at $157.03. DigitalOcean Holdings enters the Russell 1000 at a time when its stock has shown strong multi year gains, including a 220.7% return year to date and a return over the past year that is very...
7.44am: ABF warns on sugar losses Associated British Foods has warned that weaker sugar trading will hit profits this year, while Primark saw mixed sales in the third quarter. The FTSE 100 group's CEO George Weston says: "Aside from Sugar, our full year outlook for the group is...
In late June 2026, Norwegian Cruise Line Holdings Ltd. was removed from several major Russell growth benchmarks, including the Russell 1000 Growth and Russell Midcap Growth indexes, following the latest index reconstitution. This wave of index deletions can alter how passive funds and benchmark-aware investors treat the stock, potentially changing its role in diversified portfolios. We will now look at how Norwegian’s removal from multiple Russell growth indexes influences its investment...
SpaceX went public on Nasdaq on June 12 with a $75 billion raise and a valuation that eclipsed every initial public offering in history. The stock surged 19% on its first day of trading, closing at $160.95 and briefly trading near a $2.25 trillion intraday valuation before paring gains to finish ...
(Bloomberg) -- Bitcoin fell to a fresh 21-month low as the prospect of higher interest rates and concerns about the largest corporate buyer of the token weakened sentiment.Most Read from BloombergSpaceX IPO Left Mirae With No Shares on MisunderstandingSupreme Court Backs Birthright Citizenship in Blow to TrumpYen Hits Four-Decade Low in Historic Slide That’s Rattled JapanWhatsApp Opens Username Reservations to 3 Billion UsersIran Ratchets Up Talk of Controlling Hormuz Before New TalksBitcoin dro