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95-year-old beloved supermarket chain closes longtime stores
TheStreet66d agoneutral
95-year-old beloved supermarket chain closes longtime stores

An iconic supermarket chain is closing stores in key markets, eliminating grocery store choices for local residents as companies close underperforming locations. Grocery chains have faced economic challenges such as rising labor and product costs driven by inflation, fierce competition from ...

Allbirds exposes a new test for the AI trade
TheStreet66d agoneutral
Allbirds exposes a new test for the AI trade

Allbirds is not big enough to define the artificial intelligence market. That’s exactly why investors need to pay attention. The sneaker maker’s transition into Smartbird (BIRD) is more than just another strange corporate rebranding. It could be a good sign for where the AI trade has gone following ...

Bank of America predicts a major pricing shift for Apple
TheStreet66d agoneutral
Bank of America predicts a major pricing shift for Apple

Apple has spent years trying to make artificial intelligence a reason for consumers to buy new devices. That strategy has become more important as rivals, including Google, Microsoft, OpenAI, and Meta, move quickly with consumer-facing AI tools. For Apple, the opportunity is clear. If AI makes the ...

Walmart gives shoppers a new reason to visit stores
TheStreet66d agoneutral
Walmart gives shoppers a new reason to visit stores

A trip to Walmart can easily become more than a grocery run. Shoppers who walk in for groceries and household products may end up picking prescriptions, school supplies, apparel, or an online order. And for Walmart, this one-stop shopping is not just convenient for its customers but also its ...

Buy, Hold, or Sell: Strategy Inc. Resumed Its Bitcoin Buying Spree, but Will Warsh’s First Fed Meeting and Severe Tech Compression Crush MSTR Stock to $65?
24/7 Wall St.66d agoneutral
Buy, Hold, or Sell: Strategy Inc. Resumed Its Bitcoin Buying Spree, but Will Warsh’s First Fed Meeting and Severe Tech Compression Crush MSTR Stock to $65?

At $116.56, Strategy Inc. (NASDAQ:MSTR) looks vulnerable, with dilutive equity issuance colliding with a hawkish incoming Fed under Kevin Warsh setting up a potential path back toward $65. The stock has lost 68.93% of its value over the past year, and Michael Saylor’s resumed bitcoin buying has not arrested the slide. Strategy, the rebranded MicroStrategy ... Buy, Hold, or Sell: Strategy Inc. Resumed Its Bitcoin Buying Spree, but Will Warsh’s First Fed Meeting and Severe Tech Compression Crush M

Is Starbucks open or closed on Juneteenth?
TheStreet66d agoneutral
Is Starbucks open or closed on Juneteenth?

Juneteenth is the nation's newest federal holiday, celebrated on June 19th, the date in 1865 when Union troops arrived in Galveston, Texas, and announced that the last enslaved Black Americans were free. As Americans make plans for the holiday — which many people celebrate by attending festivals ...

Fed’s Warsh Still Expects a Rate Hike This Year, Says Former Vice Chair Roger Ferguson
24/7 Wall St.66d agoneutral
Fed’s Warsh Still Expects a Rate Hike This Year, Says Former Vice Chair Roger Ferguson

Roger Ferguson, the former Federal Reserve Vice Chairman, went on CNBC Thursday to translate what just happened at Kevin Warsh’s debut meeting as Fed Chair. The Fed held the policy rate steady at 3.75%, where it has sat since December 11, 2025, but the more interesting story was tucked inside the statement and in what ... Fed’s Warsh Still Expects a Rate Hike This Year, Says Former Vice Chair Roger Ferguson

1 Dividend Powerhouse Retirees Can Lean On Even If Rates Hike
24/7 Wall St.66d agoneutral
1 Dividend Powerhouse Retirees Can Lean On Even If Rates Hike

Philip Morris International (NYSE:PM) is a tobacco giant in the middle of a profitable pivot, with smoke-free products now accounting for over 43% of net revenues through IQOS heat-not-burn devices and ZYN nicotine pouches. With markets nervous about a potentially hawkish Federal Reserve under Kevin Warsh, retirees want to know if this 3% yielder can ... 1 Dividend Powerhouse Retirees Can Lean On Even If Rates Hike

“They Forgot to Protect Our Industries With TARIFFS!” — Does a Trump Trade War 2.0 Loom?
24/7 Wall St.66d agoneutral
“They Forgot to Protect Our Industries With TARIFFS!” — Does a Trump Trade War 2.0 Loom?

There have been renewed talks about whether tariffs could send us into another phase of trade wars. And while it’s up for debate as to whether a trade war 2.0, so to speak, has already arrived, I do think that investors shouldn’t panic over concerns that further tariffs will further fan the flame that is ... “They Forgot to Protect Our Industries With TARIFFS!” — Does a Trump Trade War 2.0 Loom?

The Case for Holding VYM in Your Roth IRA
24/7 Wall St.66d agoneutral
The Case for Holding VYM in Your Roth IRA

If you hold Vanguard High Dividend Yield Index Fund ETF Shares (NYSEARCA:VYM) in a taxable brokerage account, every December distribution check comes with an IRS partner. At the 24% federal bracket, a portfolio throwing off $20,000 in dividends hands over $4,800 a year to Washington, every year, forever. The Roth IRA is the only legal ... The Case for Holding VYM in Your Roth IRA

The structural barriers around gaining exposure to pre-IPO companies
Yahoo Finance Video66d agoneutralVIDEO
The structural barriers around gaining exposure to pre-IPO companies

KPC Private Funds CEO Dean Rubino explains the current infrastructure and structural barriers around investors gaining access to private market exposure, especially as SpaceX's (SPCX) IPO and Anthropic's (ANTH.PVT) and OpenAI's (OPAI.PVT) imminent public launches dominate headlines.

Kevin Warsh’s First Fed Meeting Sinks Elizabeth Warren’s ‘Sock Puppet’ Complaint
24/7 Wall St.66d agoneutral
Kevin Warsh’s First Fed Meeting Sinks Elizabeth Warren’s ‘Sock Puppet’ Complaint

The Federal Reserve chair has always been one of the most scrutinized jobs in Washington. Every interest rate decision affects mortgages, credit cards, corporate borrowing costs, and ultimately the stock market itself. That reality made Kevin Warsh’s nomination as Fed chair one of the most divisive economic appointments in recent memory. Supporters viewed him as ... Kevin Warsh’s First Fed Meeting Sinks Elizabeth Warren’s ‘Sock Puppet’ Complaint

The Week in Numbers: SpaceX's colossal climb, Pizza Hut's price tag
Reuters Videos66d agoneutralVIDEO
The Week in Numbers: SpaceX's colossal climb, Pizza Hut's price tag

<body><p>STORY: &nbsp;From SpaceX's colossal climb up the market...to Pizza Hut's price tag</p><p>This is the week in numbers.</p><p>:: The Week In Numbers</p><p>:: $2.52 trln</p><p>$2.52 trillion was the market cap given to SpaceX as shares of the rocket maker soared this week.</p><p>Elon Musk's company's value catapulted past Amazon's and briefly above Microsoft's.</p><p>Towards the end of the week though, shares dropped more than 6%...</p><p>as the post-IPO frenzy that briefly placed Elon Musk's rockets-to-AI firm...</p><p>among the world's top five most valuable companies, appeared to fizzle out.</p><p>:: 30%</p><p>30% is how much Allbirds shares soared by after the former footwear company changed its name to Smartbird.</p><p>The move cemented its months-long transformation from shoemaker to AI infrastructure firm, shifting its focus to offer cloud computing capacity.</p><p>The company also appointed former Amazon executive Nadia Carlsten as its new CEO.&nbsp;</p><p>:: 7%</p><p>More than 7% is the hit BMW's shares took after the German automaker issued a profit warning.</p><p>The premium carmaker blamed ongoing weakness in the world's largest auto market China, and the impact of the Iran war on prices and customer sentiment.</p><p>Analysts said the outlook cut was significantly larger than expected.</p><p>BMW shares dipped to their lowest level since 2020.</p><p>:: $22 bln&nbsp;</p><p>$22 billion is the amount media giant Fox is spending on buying streaming platform Roku.</p><p>The deal gives the parent company of Fox News access to Roku's more than 100 million households.</p><p>Potentially helping the legacy cable and broadcast company better compete for eyeballs, target its ads and reduce reliance on traditional distribution.&nbsp;</p><p>:: $2.7 bln</p><p>$2.7 billion is the price tag Yum brands set for Pizza Hut as the fast-food business struggles with stiff competition and cautious consumer spending.</p><p>Rising inflation and higher commodity costs have weighed on U.S. pizza chains facing weak demand.</p><p>Growing use of weight-loss drugs is nudging consumers toward healthier options.</p></body>

Will the Collapse of the U.S.-Iran Truce Force the Fed to Raise Rates Again?
24/7 Wall St.66d agoneutral
Will the Collapse of the U.S.-Iran Truce Force the Fed to Raise Rates Again?

The market spent much of the week celebrating what appeared to be a major geopolitical breakthrough. The memorandum of understanding (MOU) signed between the U.S. and Iran helped calm fears of a broader regional conflict, sent oil prices lower, and eased concerns that inflation could reaccelerate just as the Federal Reserve was trying to keep ... Will the Collapse of the U.S.-Iran Truce Force the Fed to Raise Rates Again?