Motley Fool53d agoneutral
Why Sandisk Stock Is Plummeting TodaySandisk stock is under pressure today, but there is actually some positive news for investors.
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TheStreet53d agobullish
After beating Samsung, tech titan files for IPOSK Hynix builds the memory chips wired into Nvidia’s most advanced AI processors, supplying a component so scarce that customers now reserve production years in advance. This week the South Korean company asked U.S. regulators for permission to list its shares on the Nasdaq for the first time in ...
GuruFocus.com53d agobearish
Gold Rebounds Above $4,000 After 14% Quarterly Drop as Fed Signals LoomBullion climbed 0.6% as investors weighed possible Fed rate hikes and advancing US-Iran technical talks.
GuruFocus.com53d agoneutral
Lime Prices $174 Million IPO at $1.6 Billion ValuationUber-backed Lime priced shares at $25 as it prepares to trade Wednesday on Nasdaq under LIME.
GuruFocus.com53d agoneutral
Bitcoin Breaks 21-Month Low as ETF Outflows Hit $4 BillionBitcoin fell below its 200-week moving average as Fed rate concerns and Strategy uncertainty weighed on sentiment.
The Wall Street Journal53d agoneutral
SpaceX Showed Investors Prototype of Elon Musk’s New AI DeviceElon Musk’s SpaceX has developed a prototype for a handset-like device designed to reshape how humans interact with artificial intelligence that SpaceX has shown investors recently. The rocket and AI company showed the prototype, which features a sleek design that is slimmer than an iPhone, to some investors and other stakeholders ahead of the company’s mega initial public offering, according to people familiar with the matter. The prototype was designed to run on a proprietary operating system and integrate AI technology from SpaceX’s xAI, some of the people said.
Barrons.com53d agobullish
How Palantir’s Partnership With Nvidia Ended Its Brutal Losing StreakPalantir stock is rising following the announcement of a partnership with Nvidia to build custom artificial intelligence models for the U.S. government.
TheStreet53d agoneutral
Citi drastically slashes Bitcoin, Ether price targetsCitigroup slashed its 12-month price targets for Bitcoin (BTC) and Ethereum (ETH), Reuters reported on July 1. The brokerage firm said in a note that it was forced to lower the forecasts due to three factors: lower investor appetite, exchange-traded fund (ETF) outflows, and the lack of ...
Reuters Videos53d agobullishVIDEO
Kroger to buy grocer Giant Eagle as competition heats up<body><p>STORY: :: Kroger</p><p>Shares of U.S. grocer Kroger fell about 2% Wednesday morning after the company said it would buy regional supermarket chain Giant Eagle in a nearly $1.7 billion deal.</p><p>:: Archive</p><p>The move strengthens Kroger's presence in the Midwest and the Mid-Atlantic region amid intensifying competition.</p><p>The transaction is the first under CEO Greg Foran, and is also Kroger's first major acquisition since its $25 billion merger with Albertsons fell apart in 2024.</p><p>:: Archive</p><p>Family-owned Giant Eagle generates about $9 billion in annual sales. It operates nearly 200 supermarkets and about a dozen standalone pharmacies across parts of Ohio, Pennsylvania, West Virginia, Maryland and Indiana.</p><p>:: Kroger</p><p>Foran said the chain was a good strategic fit for Kroger, which has been battling intense competition from Walmart, Amazon and other grocers as still-elevated inflation has many consumers seeking cheaper essentials.</p><p>Kroger has previously said it plans to cut prices on thousands of items, funded partly by direct imports and better use of technology.</p><p>The Giant Eagle acquisition is expected to close in 2027.</p></body>
Investing.com53d agobullish
Goldman Sachs initiates FedEx Freight with Buy, sees 23% margin expansion upsideInvesting.com -- Goldman Sachs initiated coverage of FedEx Freight Holding with a Buy rating and a $186 price target, implying roughly 23% upside from current levels, citing the newly independent less-than-truckload carrier’s potential to improve profitability, pricing power and cash generation following its spin-off from FedEx.
MT Newswires53d agobearish
FedEx to Sell Supply Chain Unit to France's CMA CGM in $1.4 Billion DealFedEx (FDX) has agreed to sell its supply chain subsidiary to French shipping and logistics firm CMA
Investor's Business Daily53d agoneutral
Is The Jack In The Box Short Squeeze Back On?Jack in the Box stock shot up more than 20% this week. The stock also faces 40% short interest, according to MarketSurge.
TheStreet53d agoneutral
JPMorgan shares crucial blocker to emerging tech regulationThe Digital Asset Market Clarity Act aims to establish a regulatory framework for digital assets in the United States. It seeks to bring legal certainty to the crypto industry while setting clearer rules for companies operating in the sector. JPMorgan CEO Jamie Dimon criticized the bill in a Fox ...
24/7 Wall St.53d agoneutral
NextEra’s $67 Billion Megamerger Proves Dominion Was the Real AI Infrastructure Prize All AlongNextEra Energy (NYSE: NEE) and Dominion Energy (NYSE: D) reported Q1 2026 results, then confirmed a $66.8 billion all-stock deal making NextEra the buyer of Dominion’s Virginia franchise. The earnings explain the bid: Dominion’s grid sits under the world’s densest data center cluster, and NextEra needs that real estate. Virginia Volumes Carry Dominion. Florida Solar ... NextEra’s $67 Billion Megamerger Proves Dominion Was the Real AI Infrastructure Prize All Along
Bloomberg53d agoneutral
BlackRock’s Tseng to Exit as CEO of Troubled Private Credit Fund(Bloomberg) -- The head of BlackRock Inc.’s beleaguered private credit fund is in the process of leaving the firm, a move that follows months of losses on soured loans and revelations of a US regulatory probe into the unit’s valuation practices.Most Read from BloombergMeta Is Planning a Cloud Business to Sell AI Computing PowerSpaceX IPO Left Mirae With No Shares on MisunderstandingTrump Reports at Least $1.4 Billion in 2025 Crypto EarningsDemocratic Socialist Ousts 15-Term House Incumbent in Co
MarketBeat53d agobullish
Nike Q4 Beat Masks Core Weakness as Analysts Cut Price TargetsNike's fiscal Q4 2026 beat was bolstered by tariff refunds masking core weakness, as revenue fell 1% YOY and analysts cut price targets despite the earnings surprise.
24/7 Wall St.53d agobearish
Ford Reputation Deeply Damaged by 740,000 RecallFord (NYSE: F) ranked No. 1 among “Mainstream Brands” in the new J.D. Power Initial Quality Study. It was the first time it had occupied that spot since 2010. Much of that positive news was wiped out by a recall of more than 740,000 vehicles, according to the National Highway Traffic Safety Administration. The notice ... Ford Reputation Deeply Damaged by 740,000 Recall
24/7 Wall St.53d agoneutral
1 Masterclass in Pricing Power Makes Altria an Absolute Sanctuary for RetireesAltria has become a magnet for income-focused capital this year, with the stock climbing 32.55% year-to-date as retirees hunt for inflation hedges while the Fed has cut its target rate to 3.75%. Altria (NYSE:MO) sells Marlboro, Copenhagen, Skoal, on! nicotine pouches and NJOY e-vapor, and its smokeable engine just posted a 65.1% operating margin. The ... 1 Masterclass in Pricing Power Makes Altria an Absolute Sanctuary for Retirees
TheStreet53d agoneutral
5-star analyst resets AMD stock price target, but it's not about GPUsAdvanced Micro Devices, Inc. (AMD) closed the month of June at $580.91, up 7.68% in the last session, and hit a new 52-week high of $584, giving the company a market cap approaching $950 billion. The stock is up 171.25% year-to-date and 309.38% over the past year, according to Yahoo Finance. What I ...
The Wall Street Journal53d agoneutral
Tech Equity Raises Are Going SupersizeGlobal equity fundraising topped $729.4 billion in the first half of 2026, boosted by SpaceX’s record IPO, marking the second-best start to the year on record, according to Mergermarket data. It's only the third time tech fundraising passed the $100 billion mark at the year midpoint—the other two were in 2000 and in 2021. Neither period augured well for the near-term performance of equity markets.
The Wall Street Journal53d agoneutral
Warren Asks Fed Watchdog to Review Bowman Appearance at Bank EventThe Senate Banking Committee’s top Democrat wants the Fed’s inspector general to examine whether a top Fed regulator broke protocol by participating in the closed-door client event.
TheStreet53d agoneutral
Trump doubles down on Axon stock before major federal agency expansionPresident Donald Trump bought a sizable stake in Axon Enterprise this year, the maker of the taser and a growing lineup of policing technology. Two weeks later, Immigration and Customs Enforcement asked vendors for thousands of new tasers built to specifications that experts say match only ...
Reuters53d agoneutral
Russia warns Apple of $52 million fine over alleged bias against local appsMOSCOW, July 1 (Reuters) - Russia's anti-monopoly watchdog has issued a warning to iPhone maker Apple, urging the company to address what it described as discriminatory practices against Russian
TheStreet53d agobullish
Alphabet stock rally exposes Google’s unusual AI problemAlphabet (GOOGL) just got one of the most renowned promotions in the stock market. Google parent Alphabet officially entered the Dow Jones Industrial Average on June 29, replacing Verizon Communications (VZ) and giving the 30-stock blue-chip index a stronger stake in the artificial intelligence ...
Bloomberg53d agoneutral
Trump’s $1.4 Billion Haul Makes Him Biggest US Crypto Moneymaker(Bloomberg) -- Donald Trump, who reversed his early skepticism of crypto to become one of the industry’s biggest boosters, reported more crypto-related income last year than any publicly traded US digital-asset company earned.Most Read from BloombergMeta Is Planning a Cloud Business to Sell AI Computing PowerSpaceX IPO Left Mirae With No Shares on MisunderstandingTrump Reports at Least $1.4 Billion in 2025 Crypto EarningsDemocratic Socialist Ousts 15-Term House Incumbent in ColoradoSupreme Court
The Wall Street Journal53d agoneutral
Nasdaq Slips, Warsh Dodges Questions on July Rate DecisionStocks were mixed, with the Nasdaq composite retreating after U.S. equities closed out a blockbuster quarter Tuesday.
The Wall Street Journal53d agoneutral
Financial Services Roundup: Market TalkFind insight on U.S. stocks, homebuying trends, Bitcoin ETFs and more in the latest Market Talks covering Financial Services.
Reuters53d agoneutral
Meta names Alex Schultz first chief data officerMeta said on Wednesday its chief marketing officer Alex Schultz will become the company's first chief data officer, to better manage AI analytics globally. The Facebook-parent also promoted its vice president of consumer marketing and growth, Denise Moreno, to marketing chief. • "My focus in this new role will be helping transform how Meta learns and makes decisions in the AI era," Schultz said in a LinkedIn post.
Zacks53d agobullish
Why Goldman (GS) is Poised to Beat Earnings Estimates AgainGoldman (GS) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Zacks53d agobullish
Why GE (GE) is Poised to Beat Earnings Estimates AgainGE (GE) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.