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UK regulator proposes easing Apple, Google app store payment rules
Reuters54d agoneutral
UK regulator proposes easing Apple, Google app store payment rules

Britain's competition regulator on Tuesday proposed allowing app developers to steer ‌users to alternative payment options outside Apple ‌and Google's app stores to cut fees and boost competition. The ​Competition and Markets Authority said the proposals would remove restrictions that currently prevent UK developers from directing users to off-platform payment options, which are banned ‌by Apple and ⁠restricted by Google.

Bloomberg54d agoneutral
SpaceX IPO Left Korea Broker With No Shares on Misunderstanding

(Bloomberg) -- It was supposed to be the deal that vaulted Mirae Asset Securities Co. into the global big leagues.Most Read from BloombergTrump’s U-Turn on Iran Sanctions Would Unravel Decades of CurbsYen Hits Four-Decade Low in Historic Slide That’s Rattled JapanUS Stocks Get Tech Boost After AI-Fueled Selloff: Markets WrapCook Stays at Fed But Trump Wins Power Over Other AgenciesPrabowo Risks Prompt Global Banks to Pull Cash Out of IndonesiaBut SpaceX’s record-breaking initial public offering

Bloomberg54d agoneutral
Biscoff Maker Lotus Gains 590% in Tough Decade For Snack Firms

(Bloomberg) -- Soaring global sales of Biscoff cookies are helping a Belgian food company extend a remarkable decade of stock market outperformance.Most Read from BloombergTrump’s U-Turn on Iran Sanctions Would Unravel Decades of CurbsYen Hits Four-Decade Low in Historic Slide That’s Rattled JapanUS Stocks Get Tech Boost After AI-Fueled Selloff: Markets WrapCook Stays at Fed But Trump Wins Power Over Other AgenciesPrabowo Risks Prompt Global Banks to Pull Cash Out of IndonesiaLotus Bakeries NV s

Asian shares follow Wall Street higher, while the Japanese yen hits a 39-year low against the dollar
Associated Press54d agoneutral
Asian shares follow Wall Street higher, while the Japanese yen hits a 39-year low against the dollar

Asian shares were mostly higher on Tuesday, tracking Wall Street gains, while the Japanese yen was trading near a 40-year low against the U.S. dollar. Shares in South Korea, Japan and Taiwan rebounded from earlier losses spurred by selling of technology companies due to concerns over the sustainability of the boom in artificial intelligence. Chip equipment maker Tokyo Electron jumped 3.3%.

Honeywell Aerospace makes strong debut after spinoff
TheStreet54d agoneutral
Honeywell Aerospace makes strong debut after spinoff

Honeywell Aerospace (HONA) shares rose Monday in their Nasdaq debut, opening above their when-issued closing price and trading as high as $238.19 as investors got their first look at a newly independent aerospace and defense company separated from Honeywell. Honeywell Aerospace had closed at ...

Sellas Life (SLS) Climbs to Record High on Acquisition Buzz
Insider Monkey54d agobullish
Sellas Life (SLS) Climbs to Record High on Acquisition Buzz

Sellas Life Sciences Group Inc. (NASDAQ:SLS) is one of the 10 Stocks Investors Are Chasing Right Now. SELLAS Life Sciences extended its winning streak to an 8th straight session on Monday to soar to a new record high, as investors resumed buying positions after hinting at a potential takeover. In intra-day trading, the stock rocketed […]

Microsoft may be done making Xbox cheap
TheStreet54d agoneutral
Microsoft may be done making Xbox cheap

This is nothing new to Xbox lovers. It isn't a cheap system. But it's the cheapest way to enter Microsoft's gaming universe. You buy the box and plug it into your TV. Later, you can spend money on games, controllers, subscriptions, and downloadable content. The deal no longer works like that. ...

Honeywell Aerospace CEO: Supply-Base Investment Is Top Priority After Spinoff
24/7 Wall St.54d agoneutral
Honeywell Aerospace CEO: Supply-Base Investment Is Top Priority After Spinoff

The newly independent Honeywell Aerospace (NASDAQ:HONA) began trading today following its separation from parent Honeywell (NASDAQ:HON). CEO Jim Currier appeared on CNBC today to lay out a deliberately narrow set of capital-allocation priorities for the new publicly traded company, with the plan for cash flow to unlock capacity in the supply base before going anywhere ... Honeywell Aerospace CEO: Supply-Base Investment Is Top Priority After Spinoff

Bloomberg54d agobullish
Tencent Ramps Up Buybacks as Share Rout Wipes Out $309 Billion

(Bloomberg) -- China’s Tencent Holdings Ltd. is ramping up buybacks as its Hong Kong-listed shares struggle to recover from a selloff that’s wiped out about $309 billion in market value since early October.Most Read from BloombergTrump’s U-Turn on Iran Sanctions Would Unravel Decades of CurbsUS Stocks Get Tech Boost After AI-Fueled Selloff: Markets WrapCook Stays at Fed But Trump Wins Power Over Other AgenciesYen Hits Four-Decade Low in Historic Slide That’s Rattled JapanSupreme Court Leaves Tru

Bloomberg54d agobearish
Morgan Stanley Cuts Oil Forecasts on Fast Return of Hormuz Flows

(Bloomberg) -- Morgan Stanley cuts its oil price forecasts as flows through the Strait of Hormuz return faster than expected, while strong US supply and weak Chinese demand increase the risk of a surplus.Most Read from BloombergTrump’s U-Turn on Iran Sanctions Would Unravel Decades of CurbsUS Stocks Get Tech Boost After AI-Fueled Selloff: Markets WrapCook Stays at Fed But Trump Wins Power Over Other AgenciesSupreme Court Leaves Trump’s Fed, Citizenship Gambits for LastYen Hits Four-Decade Low in

Review & Preview: 52,000
Barrons.com54d agoneutral
Review & Preview: 52,000

After months of waiting, the Supreme Court finally issued a ruling on Monday that rejected Trump’s bid to fire a sitting member of the Federal Reserve. The decision, which was widely expected, didn’t move markets much. The Nasdaq Composite Index closed up 2.1%.

Bloomberg54d agoneutral
House Passes Online Safety Bill as Senate Eyes Stricter Push

(Bloomberg) -- The House on Monday passed legislation to require new online safety protections for children, a sign of growing momentum in Washington to address a widespread concern among US parents even as the measure sets up a clash with senators seeking stronger safeguards.Most Read from BloombergTrump’s U-Turn on Iran Sanctions Would Unravel Decades of CurbsUS Stocks Get Tech Boost After AI-Fueled Selloff: Markets WrapCook Stays at Fed But Trump Wins Power Over Other AgenciesSupreme Court Le

China's Nexchip Semiconductor seeks up to $890.3 million in Hong Kong share sale
Reuters54d agoneutral
China's Nexchip Semiconductor seeks up to $890.3 million in Hong Kong share sale

China's Nexchip Semiconductor seeks to raise up to HK$6.98 billion ($890.26 million) in a ‌Hong Kong share sale, an exchange filing ‌showed on Tuesday. The chip firm is offering 216.2 million shares at ​maximum HK$32.30 each and expects dealing of H shares to begin on July 10, the filing showed. Nexchip's raising follows a slew of Chinese technology firms seeking ‌to raise funds ⁠in Hong Kong's red-hot capital markets, with Apple supplier Luxshare Precision Industry revealing on ⁠the day an up to $3.10 billion share sale.

Ulta Beauty is leaving Target, here's what's replacing it
TheStreet54d agoneutral
Ulta Beauty is leaving Target, here's what's replacing it

When Target and Ulta Beauty decided to end their five-year partnership, the department store put out a terse statement about the impending divorce. "Ulta Beauty and Target Corporation announced that they have mutually agreed not to renew the Ulta Beauty at Target shop-in-shop partnership when the ...

Comcast's NBCUniversal spinoff just transformed streaming wars
TheStreet54d agoneutral
Comcast's NBCUniversal spinoff just transformed streaming wars

Nobody saw this coming. Not Wall Street. Not Hollywood. And almost certainly not Netflix or Disney. On June 29, Comcast announced it would spin off NBCUniversal and Sky into a separate, publicly traded company through a tax-free transaction. After more than 15 years as a single company, the cable ...

Dow Hits Record as Tech Starts Week Strong
The Wall Street Journal54d agoneutral
Dow Hits Record as Tech Starts Week Strong

The Dow Jones Industrial Average topped 52000 for the first time on Monday, highlighting investors’ increasing demand for stocks at the heart of the American economy. One major contributor was Alphabet which rose 4.8% to lead gains on the Google-parent’s first day as one of the blue-chip index’s 30 components.

Australia sues Amazon unit over alleged breach via Prime Video ads
Reuters54d agoneutral
Australia sues Amazon unit over alleged breach via Prime Video ads

Australia's competition regulator said on Tuesday it has taken Amazon's ‌Australian unit to court, alleging its ‌Prime subscription contracts contained unfair terms that allowed the ​company to add advertising to Prime Video. The Australian Competition and Consumer Commission (ACCC) alleged that between November 2023 and August 2025, Amazon Australia ‌used unfair Prime ⁠contract terms to make negative changes for over 1 million annual ⁠subscribers without offering compensation. After July 2024, subscribers who wanted to maintain ad-free streaming had ​to pay ​an additional A$2.99 ​per month.

Bloomberg54d agobearish
China Misses Out on AI Boom as Stocks Trail by Most Since 2001

(Bloomberg) -- After a banner year for Chinese stocks on the back of AI advances, 2026 is not going well.Most Read from BloombergTrump’s U-Turn on Iran Sanctions Would Unravel Decades of CurbsUS Stocks Get Tech Boost After AI-Fueled Selloff: Markets WrapCook Stays at Fed But Trump Wins Power Over Other AgenciesSupreme Court Leaves Trump’s Fed, Citizenship Gambits for LastPrabowo Risks Prompt Global Banks to Pull Cash Out of IndonesiaThe MSCI China Index has tumbled 15%, the worst performance glo