Stay informed with timely coverage of market-moving developments, company updates, and economic events shaping the world of investing.
OpenAI has unveiled Jalapeño, its first custom AI chip built with Broadcom. Developed in nine months, it targets inference workloads and claims to beat current state of the art processors,…
Mason Taylor4 min read
Wendy's stock surged more than 30% on June 21 as new executive appointments and record short interest of 26.4% collided with a wave of retail trading activity. Here is what…
Katelyn Marshall5 min read
Amazon Prime Day 2026 opened with $8.3 billion in U.S. online spending on day one, beating projections and setting a 2026 e-commerce record. Here is what the Adobe Analytics data…
Katelyn Marshall4 min read
Alphabet is set to replace Verizon in the Dow Jones Industrial Average on June 29, 2026. With GOOGL trading at $349.33 and a $4.22 trillion market cap, here is what…
Oscar Boyd4 min read
Micron Technology faces its most watched earnings report in months as shares trade at $1,014 after a brutal pre-report selloff. With a $1.19 trillion market cap and sky-high growth expectations,…
Mason Taylor5 min read
Micron Technology faces a critical earnings report with the options market pricing a 13% implied swing. Here is what the $1.19 trillion chipmaker's numbers, a historic DRAM shortage, and a…
Oscar Boyd6 min read
The Justice Department seized cloud infrastructure tied to the Huione Group, which prosecutors say laundered billions in crypto fraud proceeds. Blockchain analysts call Huione Guarantee the largest illicit online marketplace…
Mason Taylor5 min read
SLV dropped 7.13% to 51.79 on June 21, 2026, pushing spot silver below 60 USD per ounce for the first time this year. With RSI at 27 and the ETF…
Katelyn Marshall5 min read
Cerebras Systems stock has dropped 17.37% to $186.70, just above its 52-week low, after the AI chip designer guided for full-year gross margins of 38% to 41%, well below its…
Oscar Boyd5 min read
USO fell nearly 4% to sit just above its 52-week low as Brent crude approached pre-war levels. A recovering Strait of Hormuz, potential Iranian supply and a stronger dollar are…
Mason Taylor5 min read
USO dropped nearly 4% to a 52-week low on June 21 even as tanker rates for Persian Gulf cargoes hit 897% of benchmark levels. The divergence between paper crude prices…
Oscar Boyd5 min read
Qualcomm is acquiring AI software startup Modular in a $3.92 billion all-stock deal, targeting the vendor-neutral software layer that could erode Nvidia CUDA's developer lock-in as data center AI spending…
Mason Taylor4 min read
President Trump canceled the signing of the 21st Century ROAD to Housing Act hours before the ceremony, leaving the first major housing bill in decades in limbo. Here is what…
Katelyn Marshall5 min read
FedEx beat Wall Street on revenue and profit in its fiscal fourth quarter, but the stock is hovering near 52-week lows after 2026 guidance disappointed. Here is what the market…
Katelyn Marshall5 min read
Qualcomm is paying roughly $3.92 billion in stock for AI inference startup Modular, a direct challenge to Nvidia's CUDA dominance. Shares fell 4.0% to $196.03 on the news, and the…
Oscar Boyd4 min read
SK Hynix filed to raise $29.65 billion through a Nasdaq ADR listing targeting the same AI memory investor base as Micron. Here is what the move means for MU shareholders…
Katelyn Marshall5 min read
Wendy's stock surged 28.3% to 8.03 on June 21 after a new CFO appointment ignited short squeeze speculation. With 26% short interest, a 10.29 P/E, and same store sales down…
Katelyn Marshall6 min read
Strategy shares fell below $100 for the first time since early 2024 as Bitcoin slipped to a two week low near $62,658. Concerns over the company's first BTC sale in…
Mason Taylor5 min read
Wendy's stock surged 28% on June 21 after a WallStreetBets post triggered a short squeeze in shares already down 70% from their highs. A new CFO hire with a 500%…
Mason Taylor5 min read
President Trump canceled the signing ceremony for the 21st Century ROAD to Housing Act hours before it was set to occur, leaving the first major federal housing bill in over…
Mason Taylor5 min read
Postmaster General David Steiner told a Senate committee Wednesday that USPS is borrowing from employee retirement funds to stay operational, with its cash position potentially hitting negative $125.9 billion by…
Mason Taylor5 min read
Cerebras Systems beat Q1 revenue estimates with $193.4 million but shares plunged 16.8% as margin guidance for Q2 fell sharply to 36 to 38 percent, pushing CBRS to within striking…
Mason Taylor5 min read
Cantor Fitzgerald's CJ Muse argues Micron's memory cycle extends well past 2026, with supply staying tight through 2027 and a $200 EPS bull case for calendar 2027. Here is what…
Katelyn Marshall6 min read
Crude oil is pricing in a ceasefire. USO fell 3.69% to $107.12 on June 21, touching its lowest level since before the Iran war began, as U.S.-Iran talks in Switzerland…
Katelyn Marshall5 min read