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Strategy Just Sold A Few Bitcoin. Why Markets Hate It.
Investor's Business Daily90d agoneutral
Strategy Just Sold A Few Bitcoin. Why Markets Hate It.

Strategy (MSTR) sold some bitcoin for the first time ever, the company revealed in a Monday filing, just a week after founder Michael Saylor had used the "hodl" — hold on for dear life — phrase, which is the crypto community's never-sell mantra. The iShares Bitcoin Trust ETF (IBIT), which tracks the bitcoin price, fell to a seven week low,...

BMW doubles down on humanoid robots after a U.S. test run
TheStreet90d agoneutral
BMW doubles down on humanoid robots after a U.S. test run

Every generation of workers hears that a machine is coming for its job. Sometimes the machine arrives. More often it just reshuffles the work, moving people from one task to another without the dramatic reckoning anyone braced for. Factories have carried that worry longer than most workplaces. The ...

UAW Goes on Strike at Key General Motors Truck Supplier Plant
The Wall Street Journal90d agoneutral
UAW Goes on Strike at Key General Motors Truck Supplier Plant

Nearly 1,000 workers at a Michigan automotive supplier went on strike, stalling the production of key parts for General Motors’ midsize and full-size pickup trucks. Workers at the American Axle plant in Three Rivers, Mich., are at an impasse with the company over a new labor contract. Workers say their pay hasn’t recovered from 2008, when they agreed to slash wages in half to keep the plant running during dire economic times, despite high profit at American Axle in recent years on the strength of GM’s truck sales.

One Thing I’m Watching: The AI-Fication of the S&P 500
The Wall Street Journal90d agoneutral
One Thing I’m Watching: The AI-Fication of the S&P 500

When the S&P 500 was introduced nearly 70 years ago, it was designed to represent a wide swath of the U.S. economy. Call it the AI-fication of the S&P 500, in which a handful of companies now exert outsize influence over the benchmark index. According to Dow Jones Market Data, the 10 largest companies in the S&P 500 now represent 43.2% of the index's total market value.

FedEx trucking hub expansion in Netherlands aids new air cargo strategy
FreightWaves90d agoneutral
FedEx trucking hub expansion in Netherlands aids new air cargo strategy

FedEx is investing $54 million to add capacity at its Netherlands trucking hub to keep up with growing transport demand in Europe and enable easier connections to its air cargo network. The post FedEx trucking hub expansion in Netherlands aids new air cargo strategy appeared first on FreightWaves.

Investing.com90d agoneutral
Morgan Stanley reverses Dell call, more than doubles price target

Investing.com -- Morgan Stanley raised its rating for Dell Technologies to Equal-weight from Underweight and lifted the price target to $448 from $170 in a note on Monday, reversing a bearish thesis after concluding that the company is managing the semiconductor supply chain shortage better than peers in ways the bank had not anticipated.

InvestorPlace90d agoneutral
The Cerebras IPO Just Showed Us Exactly What’s Coming With SpaceX

➕ Follow Luke on X 📺 Check out our podcast: Being Exponential Editor’s Note: Cerebras just went public… and SpaceX, Anthropic, and OpenAI — representing over $3 trillion in combined valuation — are lined up behind it. A lot of investors are getting excited about this AI IPO boom, but veteran trader Jonathan Rose thinks that excitement is a trap. I invited him to share his thoughts with us, using the collapse of Figma stock after its IPO as the blueprint. What’s especially intriguing is where the

After Caesars Deal, These 4 Struggling Companies Look Ripe for Acquisition
24/7 Wall St.90d agoneutral
After Caesars Deal, These 4 Struggling Companies Look Ripe for Acquisition

The Caesars deal just put a clock on the rest of corporate America. On May 28, 2026, Caesars Entertainment (NASDAQ: CZR) announced a definitive agreement to be acquired by Fertitta Entertainment in an all-cash transaction valued at approximately $17.6 billion, including the assumption of approximately $11.9 billion of Caesars’ outstanding debt. Shareholders take home $31.00 ... After Caesars Deal, These 4 Struggling Companies Look Ripe for Acquisition

The S&P 500 Lost 40% in Real Terms from 1968 to 1982. History Says It Could Happen Again.
24/7 Wall St.90d agoneutral
The S&P 500 Lost 40% in Real Terms from 1968 to 1982. History Says It Could Happen Again.

Although the bull case has rarely sounded louder, with one-year gains running hot and the index pressing new highs, Wall Street has a long memory, and that memory is not kind to stretched valuations that meet an inflation regime. The benchmark S&P 500 sits at $745.64 on the SPDR S&P 500 ETF Trust (NYSEARCA:SPY) proxy ... The S&P 500 Lost 40% in Real Terms from 1968 to 1982. History Says It Could Happen Again.

Exclusive-EU cloud rules to curb Amazon, Google access to strategic tenders, draft document shows
Reuters90d agoneutral
Exclusive-EU cloud rules to curb Amazon, Google access to strategic tenders, draft document shows

Europe plans to propose strict criteria for cloud computing services ‌in highly critical state tenders that could exclude Amazon, Microsoft ‌and Google from such projects, according to documents seen by Reuters. The proposal is part ​of the European Commission's Cloud and AI Development Act, which EU tech chief Henna Virkkunen will announce on Wednesday as part of a package of measures aimed at reducing Europe's dependence on U.S. tech and promoting ‌European businesses. The drive for ⁠sovereignty requirements in sensitive sectors such as banking, energy, healthcare and comes amid fears of surveillance by the ⁠United States and that it may get unlawful access to Europeans' data on the basis of its laws such as the Cloud Act which ​requires U.S.-based ​providers to grant authorities access to ​data even if it is ‌stored abroad.

Union Pacific vs Norfolk Southern: Which Side of the Megamerger Should You Own?
24/7 Wall St.90d agoneutral
Union Pacific vs Norfolk Southern: Which Side of the Megamerger Should You Own?

Union Pacific (NYSE: UNP) and Norfolk Southern (NYSE: NSC) sit on opposite ends of the largest rail deal in U.S. history: a stock-and-cash transaction valued at $320 per share and $85 billion in enterprise value. The Surface Transportation Board (STB) accepted the revised application on May 28, 2026, then paused the review to request more ... Union Pacific vs Norfolk Southern: Which Side of the Megamerger Should You Own?