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What the SpaceX IPO Means for This Texas Border Town
WSJ76d agoneutralVIDEO
What the SpaceX IPO Means for This Texas Border Town

WSJ's Micah Maidenburg visits Brownsville, Texas, the city next to Starbase — an incorporated village that Elon Musk created to house SpaceX employees — ahead of SpaceX's massive IPO. The IPO is expected to create a new slew of new millionaires in the area. The Journal spoke to business owners, politicians and residents to find out how they are preparing.

UAW Reaches Tentative Deal to End Strike at Supplier to GM Trucks
The Wall Street Journal76d agoneutral
UAW Reaches Tentative Deal to End Strike at Supplier to GM Trucks

Unionized workers at a Michigan plant producing a key component for General Motors trucks have reached a tentative agreement for a new labor contract following a 10-day strike. “After 18 years of sacrifice, these workers are finally winning back a big chunk of what was taken from them,” United Auto Workers union President Shawn Fain said. The deal between the UAW and Dauch Corp., formerly known as American Axle means workers could soon return to the Three Rivers, Mich., factory where they produce axles for GM’s heavy-duty pickups, the Chevrolet Silverado and the GMC Sierra.

Gold Declines for Third Day After US Launches New Iran Strikes
Bloomberg76d agoneutral
Gold Declines for Third Day After US Launches New Iran Strikes

(Bloomberg) -- Gold fell for a third day after the US launched fresh strikes against Iran, threatening to extend the war that’s roiled global markets and stoked inflation.Most Read from BloombergHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’Tech Stocks Sink as Oil Jumps on US-Iran Jitters: Markets WrapXbox Plans Significant Layoffs as New CEO Plans OverhaulCuba Poised for Biggest US Fuel Shipment Since Cold War EmbargoH-1B Visa Rules Have Changed Again. What to KnowBullion dropped

Johnson & Johnson bets $1 billion on hard-to-treat cancer
TheStreet76d agoneutral
Johnson & Johnson bets $1 billion on hard-to-treat cancer

Johnson & Johnson (JNJ) is one of the biggest names in health care, and lately, its stock has been living up to the hype. Shares have climbed back toward record territory, while much of the market has been affected by a sharp sell-off in technology stocks. Now, the company is pumping fresh cash ...

Q2 Earnings Season Preview: What to Expect
Zacks76d agoneutral
Q2 Earnings Season Preview: What to Expect

Total Q2 earnings for the S&P 500 index are currently expected to be up +21.8% from the same period last year on +10.9% higher revenues, with 11 of the 16 Zacks sectors expected to enjoy positive earnings growth.

Oracle ORCL Q4 2026 Earnings Call Transcript
Motley Fool76d agoneutral
Oracle ORCL Q4 2026 Earnings Call Transcript

On the call today are Chief Executive Officer, Mike Cecilia, and Chief Executive Officer, Clayton Magouyrk, and Chief financial officer, Hilary Barbara Maxson. A copy of the press release including financial results tables, supplemental financial metrics and guidance are now available from the Investor Relations website.

Investing.com76d agoneutral
Chanos says SpaceX is not worth $1.75 trillion

Investing.com -- Short seller Jim Chanos criticized the upcoming SpaceX initial public offering on Wednesday, stating the company’s $1.75 trillion valuation relies on unrealistic expectations rather than solid fundamentals.

Analyst hikes Robinhood price target on new product
TheStreet76d agoneutral
Analyst hikes Robinhood price target on new product

Robinhood Markets (Nasdaq: HOOD) is a Menlo Park, California-based e-trading brokerage platform that is best-known for its stock, cryptocurrency, and tokenized stock offerings. Founded by Stanford graduates Vladimir Tenev and Baiju Bhatt in 2013, the exchange has become popular among retail ...

Oracle Q4 Earnings Call Highlights
MarketBeat76d agoneutral
Oracle Q4 Earnings Call Highlights

Oracle (NYSE:ORCL) reported a record fiscal fourth quarter and outlined plans for another year of heavy capital investment as executives said demand for AI infrastructure, cloud database services and cloud applications is driving a sharp increase in contracted future revenue. On the company’s fourt

Stitch Fix Q3 Earnings Call Highlights
MarketBeat76d agoneutral
Stitch Fix Q3 Earnings Call Highlights

Stitch Fix (NASDAQ:SFIX) reported third-quarter fiscal 2026 revenue and adjusted EBITDA above its outlook, as the online personal styling company pointed to stronger Fix order values, improving client trends and continued expense discipline as drivers of its latest results. Chief Executive Officer

The Dow Just Had Its Worst Day of 2026
The Wall Street Journal76d agoneutral
The Dow Just Had Its Worst Day of 2026

Renewed fighting in the Middle East hit stocks and drove up oil futures, with the Dow Jones Industrial Average suffering its worst day since October, losing 1.9%, or around 953 points. The broader stock-market decline also came after data showed the consumer-price index rising 4.

Morgan Stanley revamps Apple stock target after key event
TheStreet76d agoneutral
Morgan Stanley revamps Apple stock target after key event

Apple (AAPL) has spent the bulk of the past couple of years trying to convince investors it has not fallen behind in the relentless AI race. Morgan Stanley buys that story. According to TheFly, the firm reset its price target on Apple stock after WWDC 2026, saying the event gave investors a sharper ...

Earnings and key economic data ahead on Thursday, June 11
Yahoo Finance Video76d agoneutralVIDEO
Earnings and key economic data ahead on Thursday, June 11

Asking for a Trend Host Josh Lipton breaks down what investors should be on the lookout for on Thursday, June 11. On the earnings front, Adobe (ADBE) and Lennar (LEN) are set to report, while key economic releases include the Producer Price Index (PPI) and weekly initial jobless claims.

Chewy (CHWY) Q1 2026 Earnings Transcript
Motley Fool76d agoneutral
Chewy (CHWY) Q1 2026 Earnings Transcript

Joining me today are Chewy's CEO, Sumit Singh; and CFO, Chris Deppe. On our call today, we will be making forward-looking statements, including statements concerning Chewy's financial results and performance, industry trends, strategic initiatives, share repurchase program and the environment in which we operate. Such statements are considered forward-looking statements under the Private Securities Litigation Reform Act of 1995.

Former Exxon CEO Lee Raymond Dies at 87
The Wall Street Journal76d agoneutral
Former Exxon CEO Lee Raymond Dies at 87

The driven, unrelenting oil executive remade Exxon into a colossus that for a time was the world’s biggest and most profitable company.

Oracle Stock Slides on Increased Capital Spending
The Wall Street Journal76d agoneutral
Oracle Stock Slides on Increased Capital Spending

Oracle shares slid 6% in after-hours trading following an earnings report showing that the software and cloud-computing company spent more than expected on capital projects last year. Oracle, whose fiscal year ends in May, reported $55.

Michael Burry delivers contrary Lululemon stock verdict
TheStreet76d agoneutral
Michael Burry delivers contrary Lululemon stock verdict

Wall Street has plenty of reasons to run from Lululemon Athletica (LULU). The premium athletic apparel firm trimmed its full-year guidance, warned of lower demand in the second quarter, and highlighted further difficulties in its important Americas sector. But when a once-hot growth stock becomes ...

New Middle East Clashes and Inflation Fears Spark Dow’s Worst Day of 2026
The Wall Street Journal76d agoneutral
New Middle East Clashes and Inflation Fears Spark Dow’s Worst Day of 2026

Renewed fighting in the Middle East hit stocks and drove up oil futures, even as data showing a sharp rise in inflation underscored the war’s pressure on consumer prices. In the S&P 500, losses were particularly acute in materials and industrial shares, sending the broad index down 1.6% to its lowest close in five weeks.