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Bank of America offers blunt advice to U.S. stock traders
TheStreet79d agoneutral
Bank of America offers blunt advice to U.S. stock traders

The Bank of America warned on June 5 that there are “too many red flags” waving over U.S. stocks and traders should take profits, CNBC reported. The bank tracked 10 bear market signposts and saw seven signposts triggering in May, five in April, and four in March. Seven is the average number of ...

Google and Meta denied new trial in youth social media addiction case, sources say
Reuters79d agoneutral
Google and Meta denied new trial in youth social media addiction case, sources say

A California state ‌court judge denied motions ‌by Meta Platforms and Google's YouTube ​seeking a new trial after a jury found them liable for designing social ‌media platforms ⁠that are harmful to young people, sources ⁠familiar with the ruling confirmed on Wednesday. Los ​Angeles Superior Court ​Judge ​Carolyn Kuhl ‌ruled on the motions on Tuesday, according to court documents.

The Nasdaq and S&P 500 Are Clawing Back Early Losses
Barrons.com79d agoneutral
The Nasdaq and S&P 500 Are Clawing Back Early Losses

The stock market is already showing signs of reversing. The Nasdaq was down 0.4% after falling further at the open. The S&P 500 was down 0.2%. The Dow was down 190 points, or 0.4%. The May CPI was in line with expectations, but many on Wall Street were fearing an even worse report given the Iran war's impact on energy prices.

Who’s buying the red-hot SpaceX IPO?
Yahoo Finance Video79d agobullishVIDEO
Who’s buying the red-hot SpaceX IPO?

Payne Capital Management President & ‘Payne Points of Wealth’ Podcast Host Ryan Payne and Yahoo Finance Senior Autos Reporter Pras Subramanian join Morning Brief Host Julie Hyman to break down the SpaceX (SPCX, SPAX.PVT))IPO and who the investors are piling into the oversubscribed IPO.

Microsoft has bad news for a key AI partner
TheStreet79d agoneutral
Microsoft has bad news for a key AI partner

The most expensive habit a company can have is paying someone else for the thing it sells. For three years, Microsoft (MSFT) looked like the firm that had outsourced its way to the front of the artificial intelligence race. It poured more than $13 billion into OpenAI, wired ChatGPT's models into ...

Investing.com79d agoneutral
Raymond James sees major upside for Applied Optoelectronics

Investing.com -- Shares of Applied Optoelectronics (NASDAQ: AAOI) could have further room to run despite a more than 1,000% gain over the past year, according to Raymond James analyst Simon Leopold, who reiterated an Outperform rating and $160 price target following investor meetings with Chief Financial Officer Stefan Murry.

Bloomberg79d agoneutral
Trump Lavishes Praise on Citi for M&A Ranking It Doesn’t Have

(Bloomberg) -- President Donald Trump turned into a M&A enthusiast, with a surprise shout-out for Citigroup Inc. Chief Executive Officer Jane Fraser.Most Read from BloombergHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’US Launches Strikes Against Iran After Helicopter Shot DownUS Strikes Iran After Helicopter Downed, Testing Peace TalksStocks Pare Tech-Led Drop as Rotation Gains Speed: Markets WrapStocks Waver as US-Iran Tensions Offset CPI Relief: Markets WrapTrump touted a metri

Chewy Q1 Earnings Call Highlights
MarketBeat79d agoneutral
Chewy Q1 Earnings Call Highlights

Chewy (NYSE:CHWY) reported first-quarter fiscal 2026 results that showed continued sales growth, higher profitability and strong free cash flow, while management lowered its full-year sales outlook to account for a softer consumer environment in the pet category. Chief Executive Officer Sumit Singh

Investing.com79d agoneutral
Trucking stocks slide as Amazon expands freight service

Investing.com -- Shares of several trucking companies fell sharply on Tuesday after Amazon announced the U.S. expansion of its less-than-truckload freight service to any destination and any business size, rattling investors in the transportation and logistics sector.

Is Oracle's Q4 earnings the next big test for AI trade?
Yahoo Finance Video79d agoneutralVIDEO
Is Oracle's Q4 earnings the next big test for AI trade?

The AI trade continues to stand on unsteady ground this week as semiconductor stocks waver. Oracle's (ORCL) fiscal fourth quarter earnings are due out after Wednesday's market close, which could ultimately be a tipping point for the AI sector. JonesTrading chief market strategist Michael O'Rourke speaks with Yahoo Finance Executive Editor Brian Sozzi about his outlook on the AI sector.

Trump Media Pauses Truth Social Spinoff
The Wall Street Journal79d agoneutral
Trump Media Pauses Truth Social Spinoff

Trump Media & Technology said Wednesday that it is no longer trying to spin off Truth Social following a proposed merger with a nuclear-fusion firm. The pause marks another U-turn for President Trump's namesake company, whose shares are down 38% this year. After Trump Media in December announced a plan to combine with TAE Technologies, executives said they were trying to split assets including the business's social-media arm into a separate company through a SPAC deal.

Amazon’s Trucking Push Sparks New Slide in Transport Stocks
Bloomberg79d agoneutral
Amazon’s Trucking Push Sparks New Slide in Transport Stocks

(Bloomberg) -- Shares of several large trucking companies plunged on Wednesday after Amazon.com Inc. announced an expansion of its shipping service that has already shaken the transportation and logistics sector and unsettled investors.Most Read from BloombergHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’US Launches Strikes Against Iran After Helicopter Shot DownUS Strikes Iran After Helicopter Downed, Testing Peace TalksStocks Pare Tech-Led Drop as Rotation Gains Speed: Markets W

The Radical Bet At The Heart Of SpaceX's $1.75 Trillion IPO
Trefis79d agoneutral
The Radical Bet At The Heart Of SpaceX's $1.75 Trillion IPO

There are data centers in Texas that were fully built out over a year ago, kitted with server racks, networking, and GPUs, and are sitting idle, waiting for a grid connection. It is a power problem, and it is the same problem slowing AI infrastructure build-out across the U.S. and increasingly abroad.

Bloomberg79d agoneutral
Bill Gates Arrives for Closed-Door Epstein Panel Testimony

(Bloomberg) -- Microsoft Corp. co-founder Bill Gates arrived at the US Capitol complex Wednesday for closed-door testimony to the House Committee investigating the late financier Jeffrey Epstein.Most Read from BloombergHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’US Launches Strikes Against Iran After Helicopter Shot DownUS Strikes Iran After Helicopter Downed, Testing Peace TalksStocks Pare Tech-Led Drop as Rotation Gains Speed: Markets WrapStocks Fall as US-Iran Tensions Offset