The brokerage expects roughly $20 million in cash restructuring charges tied to severance and benefits.
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Robinhood Markets will lay off about 10% of its workforce, representing roughly 290 jobs, aiming to cut costs and work more efficiently.
Verizon is aiming to attract customers by offering simpler plans, dropping activation and upgrade fees and unveiling a new loyalty program offering discounts and perks. The U.S. company is aggressively competing with AT&T and T-Mobile in the saturated U.S. telecoms market, where network providers have extended device subsidies, added plan discounts and increased network infrastructure spending. Verizon said its new program will offer customers 3% back on bills from July that can be used toward new phones or at consumer brands like Sephora, Hilton, Marriott and Starbucks.
Apple Inc. (NASDAQ:AAPL), Apple Distribution International Ltd and Apple Italia Srl are facing an investigation by Italy’s Competition Authority over the interoperability of the company’s iOS and iPadOS operating systems with third-party consumer cloud services.
Micron stock is setting records and Wall Street is racing to raise price targets for the memory-chip maker.
Investors should expect a leaner, quieterFederal Reserve coming up very soon. That’s Morgan Stanley’s forecast for Kevin Warsh’s debut as Chair of the Federal Reserve which includes a warning to Wall Street about the central bank’s near-term rate path and long-term communications style. Morgan ...
Willem Meintjes has filed to sell 211,329 Marvell shares, while newly appointed CFO Dan Durn received restricted stock units.
The Russell 2000 (^RUT) is home to many small-cap stocks, offering investors the chance to uncover hidden gems before the broader market catches on. However, these companies often come with higher volatility and risk, as their smaller size makes them more vulnerable to economic downturns.
Amazon plans a major data center expansion in Missouri backed by community funding, infrastructure upgrades, and job creation.
Bitcoin was pulling back following a tepid recovery Monday after the U.S. and Iran agreed an interim peace deal and bitcoin-hoarding firm Strategy said it bought 1,587 bitcoin for $100 million. "Investors still need evidence that tanker traffic normalizes, the agreement holds, and the energy-risk premium continues to unwind," Zaye Capital Markets analyst Naeem Aslam said in a note.
Italy's competition regulator said on Tuesday it had opened an investigation into Apple over compliance with interoperability obligations, under the European Digital Markets Act. Under the rules, Apple must ensure that third-party providers of consumer cloud services can inter-operate effectively and free of charge with hardware and software components controlled through the group's iOS and iPadOS operating systems, and have equal access as Apple's iCloud service.
(Bloomberg) -- Chinese property stocks have slid back to levels seen before a raft of stimulus measures from the authorities in September 2024 drove a market turnaround, underscoring lingering pessimism over the sector. Most Read from BloombergIran’s Deputy Foreign Minister Confirms Deal Reached With USStudios in Microsoft’s Xbox Division Brace for ClosuresNetanyahu Pays a Political Price for Trump’s Iran DealUS and Iran Agree to Halt War, Restart Middle East Oil ShipmentsUS at Odds With Allies
Redwire (NYSE:RDW) announced the launch of what it describes as the world’s first commercial space greenhouse. The mission, contracted by Astrobiome Space, will fly Redwire’s Greenhouse system to the International Space Station. This inaugural flight includes plans for the first wild strawberry crop cultivation in orbit. For Redwire, which focuses on space infrastructure and related technologies, this greenhouse mission adds a new commercial angle in orbital agriculture and biotech...
SpaceX (SPCX) investors have had plenty to digest after the company’s historic IPO, which sent its valuation to near $2.1 trillion on its first trading day, according to The Wall Street Journal. The stock priced at $135 closed near $160.95 and instantly became one of the most debated names on Wall ...
Shares of cable news and media network Fox (NASDAQ:FOXA) fell 16.9% in the afternoon session after it announced a $22 billion agreement to acquire Roku, a deal that left investors questioning both the price and the strategic logic.
Payoneer Global received a series of downgrades from Wall Street analysts following the announcement of its acquisition by Nuvei.
Investors shifted from defensive to cyclical growth opportunities following the U.S.-Iran peace deal.
(Bloomberg) -- Oil steadied after the biggest drop in more than two weeks as traders, shippers and producers waited for details of a US-Iran deal that’s intended to pave the way for the full reopening of the Strait of Hormuz.Most Read from BloombergIran’s Deputy Foreign Minister Confirms Deal Reached With USUS and Iran Agree to Halt War, Restart Middle East Oil ShipmentsStudios in Microsoft’s Xbox Division Brace for ClosuresIran Signals No Deal Will Be Signed by Trump’s Sunday TimelineStocks Cli
A number of stocks fell in the morning session after the price of oil fell sharply as the U.S. and Iran announced a peace deal to end their conflict.
PPL Corporation has underperformed the Nasdaq recently, yet analysts remain highly optimistic about the stock’s prospects.
In June 2026, Spire Global Inc. signed a Memorandum of Understanding with German defense integrator Diehl Defence at the ILA Berlin Airshow to explore collaboration on satellite-based intelligence and early warning against ballistic and hypersonic missiles, aligned with Germany's space security strategy. This agreement, combined with Spire’s new Munich satellite manufacturing facility capable of producing up to 100 satellites annually, highlights the company’s push to support Europe’s...
(Bloomberg) -- Larry Fink is embracing a quieter, continual cycle of rightsizing, as the world’s largest asset manager embarks on its latest round of job cuts.Most Read from BloombergIran’s Deputy Foreign Minister Confirms Deal Reached With USUS and Iran Agree to Halt War, Restart Middle East Oil ShipmentsStudios in Microsoft’s Xbox Division Brace for ClosuresIran Signals No Deal Will Be Signed by Trump’s Sunday TimelineStocks Climb as US-Iran Deal Spurs Slide in Oil: Markets WrapBlackRock Inc.
The retreat in oil is taking pressure off interest rates, and a few high-multiple technology stocks stand to gain the most.
June 15 () - The Trump administration said on Monday it had closed an investigation, without seeking any penalties, into a July 2024 meltdown at Delta Air Lines sparked by a global outage from CrowdStrike that disrupted the travel plans of 1. The Biden administration opened a probe into the incident after other major carriers were able to resume normal operations much faster.
A sofa may be a central part of the room, but there are other pieces of furniture that complement it well and help you maximize every square inch of usable floor space. Side tables are often used at each end of a sofa as a place to rest a beverage or decorate with decor; however, there's another ...
Annaly Capital Management (NLY) closed at $22.24 in the latest trading session, marking a +1.09% move from the prior day.
The latest trading day saw Main Street Capital (MAIN) settling at $51.29, representing a -1.4% change from its previous close.
In the latest trading session, BlackRock (BLK) closed at $1, marking a +1.05% move from the previous day.
Gilead Sciences (GILD) reached $124.3 at the closing of the latest trading day, reflecting a -1.03% change compared to its last close.