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Germany Drops Jet Project With France in Setback for European Defense Sovereignty
The Wall Street Journal71d agobearish
Germany Drops Jet Project With France in Setback for European Defense Sovereignty

Germany has pulled out of a stalled stealth-fighter project with France and Spain whose lack of progress has become a symbol for the hurdles Europe faces in rebuilding its militaries as the U.S. reduces its presence on the continent. Berlin will no longer pursue building and ordering the aircraft after failing to resolve a spat between Airbus and Dassault over which should take the lead on its development, a senior German government official said. Paris had long taken the view that governments behind the project needed to apply more pressure on the defense firms to cooperate and advance the project.

Is the SpaceX IPO Crashing the Crypto Market?
24/7 Wall St.71d agobearish
Is the SpaceX IPO Crashing the Crypto Market?

The crypto market faces a hard question this morning. Can a single initial public offering, even one of historic scale, pull enough capital out of digital assets to bend their price action? Bitcoin (CRYPTO:BTC) is trading near $63,800, up 2.8% over the past 24 hours, yet the multi-week chart tells a different story. Despite today’s ... Is the SpaceX IPO Crashing the Crypto Market?

Wall Street Bank Warns SpaceX IPO Could Trigger Large Sell-Off in Popular Semiconductor Stocks
24/7 Wall St.71d agobearish
Wall Street Bank Warns SpaceX IPO Could Trigger Large Sell-Off in Popular Semiconductor Stocks

BNP Paribas is warning clients that this week’s SpaceX IPO could do something the AI rally has not yet had to absorb: force a wave of selling in the very semiconductor stocks that have driven the market higher. Retail investors are expected to be heavy buyers of the IPO, and they will need to raise ... Wall Street Bank Warns SpaceX IPO Could Trigger Large Sell-Off in Popular Semiconductor Stocks

Guidance Miss Becomes a Bloodbath: DRAM’s 15% Implosion is At The Center
24/7 Wall St.71d agobearish
Guidance Miss Becomes a Bloodbath: DRAM’s 15% Implosion is At The Center

The Roundhill Memory ETF (CBOE:DRAM) closed Friday, June 5, 2026 at $55.79, down 15% on the day from a prior close of $65.70. Over the two-day window from June 3 through June 5, the fund dropped 20%, going from $69.71 to that Friday close. If you had $10,000 in DRAM at Wednesday’s open, you had ... Guidance Miss Becomes a Bloodbath: DRAM’s 15% Implosion is At The Center

The Air India Report Is Coming. What It Means for Boeing.
Barrons.com71d agobearish
The Air India Report Is Coming. What It Means for Boeing.

Boeing is approaching a solemn anniversary: It has been almost one year since the fatal Air India Flight 171. On June 12, 2025, a Boeing 787 crashed shortly after takeoff from Ahmedabad, India, killing 229 passengers, 12 crew, and 19 people on the ground. The crash’s anniversary signals the imminent arrival of the full accident investigation report from India’s Aircraft Accident Investigation Bureau.

Treasuries Drop as Jobs Data, Iran Tensions Fuel Rate Hike Bets
Bloomberg71d agobearish
Treasuries Drop as Jobs Data, Iran Tensions Fuel Rate Hike Bets

(Bloomberg) -- Treasuries fell as investors ramped up bets that the Federal Reserve will need to raise interest rates, while escalating tensions in the Middle East added to inflation concerns.Most Read from BloombergHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’Trump Says He, Not Congress, Is in Charge of Kennedy Center in ReversalWhy Oil’s Not at $200 After the Biggest Supply Shock in HistoryIsrael Strikes Iran After Missile Attack, Imperiling Trump TalksKorean Stocks Tumble as U

Apple faces a Siri moment it can’t afford to miss
TheStreet71d agobearish
Apple faces a Siri moment it can’t afford to miss

Apple’s (AAPL) next major test is soon upon us. The company's Worldwide Developers Conference is June 8-12, and this year's gathering may be more important than a usual product display. Apple is scheduled to preview iOS 27, iPadOS 27, macOS 27, watchOS 27, tvOS 27, and visionOS 27. Developers and ...

Charter and Comcast rival files Chapter 11 bankruptcy
TheStreet71d agobearish
Charter and Comcast rival files Chapter 11 bankruptcy

When cable television first rolled out across the United States, the major players, which included current leaders Comcast and Charter Communications, worked with communities on an exclusive basis. One of those companies agreed with each community on a deal to build out the needed cable ...

Mark Zuckerberg and Meta face first tough test after layoffs
TheStreet72d agobearish
Mark Zuckerberg and Meta face first tough test after layoffs

Earlier this year, Meta cut thousands of employees and told investors the reductions were necessary to fund its AI ambitions. The company redirected that payroll into infrastructure, researchers, and models designed to compete with OpenAI, Anthropic, and Google. Mark Zuckerberg called it the most ...

Broadcom CEO drops unexpected message on AI and software
TheStreet72d agobearish
Broadcom CEO drops unexpected message on AI and software

There's a fear quietly spreading through enterprise software circles — that agentic AI is coming for the business model. Why pay for software licenses when AI can write, replace, or automate what that software does? It's a legitimate question. And 65-year-old Broadcom (AVGO) CEO Hock Tan just ...

T-Mobile’s hiring efforts take an unexpected turn after layoffs
TheStreet73d agobearish
T-Mobile’s hiring efforts take an unexpected turn after layoffs

T-Mobile is ramping up hiring even after carrying out multiple rounds of layoffs tied to its shift toward becoming a digital-first company. After Sirini Gopalan became CEO of T-Mobile in November, the company quietly laid off an unknown number of employees the following month, impacting sales ...

JPMorgan sets jaw-dropping Tesla stock price target
TheStreet73d agobearish
JPMorgan sets jaw-dropping Tesla stock price target

For the better part of a decade, JPMorgan was one of Tesla's most reliable institutional bears. Ryan Brinkman, who covered the stock for the bank since 2015, told investors to sell through earnings beats, record highs, and multiple cycles of Wall Street enthusiasm. His final target of $145, ...

Paramount Open to Selling Kids Channels to Quell EU Fears Over $110 Billion Warner Deal
Bloomberg73d agobearish
Paramount Open to Selling Kids Channels to Quell EU Fears Over $110 Billion Warner Deal

(Bloomberg) -- Paramount Skydance Corp. is prepared — if necessary — to divest some children’s TV network assets to help win European Union approval of its $110 billion bid for Warner Bros. Discovery Inc.Most Read from BloombergBecerra Advances for California Governor as Hilton Fights SteyerNasdaq 100 Sinks 5% in AI-Led Rout as Yields Climb: Markets WrapSpaceX, Other Mega IPOs Denied Fast Index Entry by S&PSpaceX Inks $30 Billion Computing Power Deal With GoogleTrump Says He, Not Congress, Is in

Another Home Depot hardware rival files Chapter 11 bankruptcy
TheStreet73d agobearish
Another Home Depot hardware rival files Chapter 11 bankruptcy

A challenging housing market and consumers’ reluctance to spend on renovation projects have impacted the hardware and home improvement retail sector, affecting giant retailers like Home Depot and Lowe's, as well as their smaller competitors, such as regional chain Chase Ace Hardware. The impact on ...

Analyst who nailed 2021 Bitcoin crash sends another warning
TheStreet73d agobearish
Analyst who nailed 2021 Bitcoin crash sends another warning

Benjamin Cowen, the analyst widely credited with calling the 2021 crypto collapse, has issued another sobering read on the market. The warning capped a punishing week. It began when Strategy (NASDAQ: MSTR) made its first Bitcoin (BTC) sale in years. It might have been a tiny 32 BTC against its ...