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Goldman Sachs projects staggering SpaceX growth by 2030
TheStreet65d agoneutral
Goldman Sachs projects staggering SpaceX growth by 2030

Goldman Sachs wants investors to view SpaceX, which went public on June 12, as both a rocket company and an AI infrastructure business that could become Earth's largest within five years. The bank, which served as the lead underwriter for the initial public offering, has laid out revenue ...

Bloomberg65d agoneutral
Europe’s Stocks Are Back in the Lead as Stagflation Risks Ease

(Bloomberg) -- The prospect of peace in the Middle East is setting up European stocks for a standout second half, as investors bet on stronger economic growth and easing inflation.Most Read from BloombergRead the 14-Point Draft Memorandum Between the US and IranUS-Iran Nuclear Talks Stall Over Lebanon Before They BeginUS Tells ASML It’s Concerned China May Have Top Chip ToolIran Floats ‘Insurance Fees’ and Asserts Control Over HormuzDOJ Rejects Judge Request to Certify $1.8 Billion Fund NixedAft

Investing.com66d agoneutral
Why is the US more exuberant than China?

Investing.com -- Artificial intelligence investment and stronger industrial activity are helping support U.S. equities, while weak domestic demand continues to weigh on Chinese markets, according to a Yardeni Research note.

Financial Times66d agoneutral
Bob Iger’s long goodbye

The Pirates of the Caribbean ride at Disneyland in California, built in the last year of Walt Disney’s life with the last of his visionary drive...

Cramer's Intel bet rests on one unproven number
TheStreet66d agoneutral
Cramer's Intel bet rests on one unproven number

Intel (INTC) has spent years trying to convince investors that its turnaround story is real. For a long time, Wall Street was suspicious. The chipmaker was hampered by manufacturing delays, igniting rivalry and raising concerns that it had fallen forever behind its rivals in the contest to power ...

Bank of America spots Prime Day signal for Amazon investors
TheStreet66d agoneutral
Bank of America spots Prime Day signal for Amazon investors

On June 18, just days before Amazon’s (AMZN) Prime Day kickoff, Bank of America pointed investors to a part of the event that could matter a lot more than the discounts. Prime Day is typically treated as a read on consumer demand, delivery speed, and Amazon’s ability to pull shoppers away from ...

If You’re 50+ and Tired of Watching Tech Boom Without You, Read This
24/7 Wall St.66d agoneutral
If You’re 50+ and Tired of Watching Tech Boom Without You, Read This

You are in your fifties, the 401(k) is finally a real number, and you have noticed something uncomfortable: the market keeps ripping higher on a handful of AI names you don’t understand, while the cash you actually want to live on someday is parked in a money market fund earning whatever the Fed decides this ... If You’re 50+ and Tired of Watching Tech Boom Without You, Read This

Bloomberg66d agoneutral
Trump Displays Refitted Qatar-Gifted Jet to Be Air Force One

(Bloomberg) -- President Donald Trump on Friday unveiled the Boeing Co. 747-8 that will serve as the new US presidential jet, proclaiming the gifted plane from the Qatari government “virtually double the size” of the previous model.Most Read from BloombergRead the 14-Point Draft Memorandum Between the US and IranUS-Iran Nuclear Talks Stall Over Lebanon Before They BeginUS Tells ASML It’s Concerned China May Have Top Chip ToolIran Floats ‘Insurance Fees’ and Asserts Control Over HormuzModi Warns

The $1 Million Retirement Mistake: Counting Income You’ll Never Get to Spend
24/7 Wall St.66d agoneutral
The $1 Million Retirement Mistake: Counting Income You’ll Never Get to Spend

A $1 million portfolio is often discussed as though the balance itself answers the retirement question. It does not. What matters is the amount of income that ultimately reaches your bank account after taxes. The yield displayed on a brokerage statement is only the starting point. Federal taxes, state taxes, and the type of income ... The $1 Million Retirement Mistake: Counting Income You’ll Never Get to Spend

SpaceX stock joins AI bond frenzy
TheStreet66d agoneutral
SpaceX stock joins AI bond frenzy

Wall Street has a new favorite trade: lending money to artificial intelligence. NVIDIA, Alphabet, Amazon, and Oracle have all rushed into debt markets to raise hundreds of billions of dollars to fund data centers, chips, and AI infrastructure. Investors have been lining up to buy, and the demand ...

The Portsmouth Daily Times, Ohio66d agoneutral
OKLO, Centrus sign fuel agreement in Piketon, positioning southern Ohio as an advanced nuclear energy hub

State, federal and industry leaders gathered Thursday morning at the Centrus Energy facility in Piketon to celebrate a milestone for Southern Ohio and the future of American energy production. At approximately 10:15 a.m. on June 18, Oklo Inc. and Centrus Energy announced the signing of a Letter of Intent that would allow Centrus to provide domestically produced high-assay low-enriched uranium ...

Kroger's new CEO reveals the chain's biggest problems
TheStreet66d agoneutral
Kroger's new CEO reveals the chain's biggest problems

Walmart, Target, and Costco generally enjoy pricing advantages over traditional grocers. They can all sell at lower markups because they don't need to make their money on food and other household basics. That's good news for consumers avidly looking for the lowest prices, according to Consumer ...

Morgan Stanley quietly buys Bitcoin amid selloff
TheStreet66d agoneutral
Morgan Stanley quietly buys Bitcoin amid selloff

We have seen a Bitcoin (BTC) sell-off this whole June, and the price is way below $70,000 for the past few days. In the third week of June, we saw momentary spikes of above $67,200 around June 15, but that was about it. As of press time, it's trading around $63,130. But the sell-off ...

GM, UAW face sudden high-stakes factory rift
TheStreet66d agoneutral
GM, UAW face sudden high-stakes factory rift

General Motors (GM) has installed new collaborative robots—known as “cobots”—at its Detroit-Hamtramck Factory Zero plant to modernize production, but the move comes at the same facility where it has already laid off 1,000 workers. GM claims the cobots will improve worker ergonomics, but ...

Citi resets Adobe stock price target
TheStreet66d agoneutral
Citi resets Adobe stock price target

Wall Street is adjusting its expectations for Adobe after the software giant delivered a mixed earnings report that raised more questions than it answered about the company's near-term growth trajectory. Citi analyst Tyler Radke lowered his price target on Adobe (ADBE) to $228 from $264, while ...

Nvidia's $6.9 billion side bet just paid off in a big way
TheStreet66d agoneutral
Nvidia's $6.9 billion side bet just paid off in a big way

Back in 2020, Nvidia dropped $6.9 billion on a company most people had never heard of, Mellanox, an Israeli outfit that made networking switches and adapters. At the time, it barely registered. Jensen Huang was buying GPUs, building the chip story, and a networking company felt like a rounding ...

The Dollar Just Hit A 13-Month High On Warsh's Hawkish Debut: History Says Don't Fade It
Benzinga66d agoneutral
The Dollar Just Hit A 13-Month High On Warsh's Hawkish Debut: History Says Don't Fade It

Kevin Warsh‘s hawkish debut as Federal Reserve Chair revived one of the market’s most reliable plays — going long the dollar when the central bank looks ready to hike interest rates. The U.S. Dollar Index – as tracked by the Invesco DB U.S. Dollar Index Bullish Fund – rose 0.8% to above 100.15 on Thursday, its highest level since May 2025 and the cap on a roughly 13-month climb. The move followed a Federal Open Market Committee meeting that broke sharply with March. Nine of the 19 participants p