Market News - Mboum.com

Jun 24, 2026, 11:13 PM EDT - 14 minutes ago

Tom Lee calls chip-stock selloff a textbook buying opportunity

Macroeconomic risks, including resurgent fears of a Fed rate hike, and valuation concerns recently sent shockwaves through the tech sector, triggering a steep sell-off that caught investors off guard....

DRAM SOXX

Jun 24, 2026, 10:25 PM EDT - 1 hour ago

Oil prices erase wartime gains as supply concerns ease with Hormuz tanker traffic resuming

Oil prices fell on Thursday, with Brent and WTI crude erasing wartime gains. Investors bet global crude supplies would improve after tankers that had been stranded in the Persian Gulf for months began...

BNO DBO GUSH IEO OIH PXJ UCO

Jun 24, 2026, 9:35 PM EDT - 1 hour ago

Oil prices fall as tankers exit Strait of Hormuz

Oil prices extended their decline on Thursday, edging closer to pre-war levels as stranded tankers exited the Strait of Hormuz following an initial accord to end the U.S.-Israeli war with Iran, easin...

BNO DBO GUSH IEO OIH PXJ UCO

Jun 24, 2026, 9:35 PM EDT - 1 hour ago

Gold Edges Higher, But Fed Rate-Hike Expectations Weigh

Gold edged higher in early Asian trade. The precious metal has been pressured by a resurgent dollar and last week's hawkish FOMC meeting, IG said.

AAAU BAR DBP GLD GLDM IAU OUNZ

Jun 24, 2026, 9:00 PM EDT - 2 hours ago

South Korean chip shares surge after Micron flags strong AI-related demand

South Korean semiconductor shares rallied on Thursday after U.S. memory chipmaker Micron Technology's quarterly results and forecast beat expectations, ⁠boosting optimism over sustained demand for AI...

MU BAR DBP GLD GLDM IAU OUNZ

Jun 24, 2026, 8:47 PM EDT - 2 hours ago

Klarna-Google Antitrust Verdict Set for July 1

Klarna notified its investors Wednesday (June 24) that a Swedish court has delayed for a third time its judgment in an antitrust case brought by Klarna subsidiary PriceRunner against Google.

GOOG GOOGL KLAR GLD GLDM IAU OUNZ

Jun 24, 2026, 8:22 PM EDT - 3 hours ago

Why SK Hynix's $30 billion U.S. listing could be a double-edged sword for Micron's stock

The South Korean memory company could give investors more opportunities beyond Micron, though it may also raise awareness of industry dynamics.

MU GOOGL KLAR GLD GLDM IAU OUNZ

Jun 24, 2026, 8:00 PM EDT - 3 hours ago

AI Trade "Run Its Course?" David Trainer's Tech Concerns & SPCX Post-IPO Outlook

Markets are currently experiencing a "very healthy" reset, argues David Trainer. He says companies like Meta Platforms (META) and SpaceX (SPCX) raising debt to fund AI woke investors up and made them ...

SPCX GOOGL KLAR GLD GLDM IAU OUNZ

Jun 24, 2026, 8:00 PM EDT - 3 hours ago

LVMH Fires Back at Hermès Heir Over His Missing Fortune

The luxury group says it was unaware of any misappropriation of Hermès shares when it was building up a covert position in its rival.

SPCX GOOGL KLAR GLD GLDM IAU OUNZ

Jun 24, 2026, 7:58 PM EDT - 3 hours ago

Oil Futures Fall Amid Signs of Further Easing in Mideast Tensions

Oil futures fell in early Asian trade after declining to their lowest level since the start of the U.S.-Iran conflict on Wednesday.

BNO DBO GUSH IEO OIH PXJ UCO

Jun 24, 2026, 7:50 PM EDT - 3 hours ago

Micron and Qualcomm forecasts ignite $400 billion AI chip stock rally

Shares of chipmakers surged late on Wednesday, adding over $400 billion in market value after strong forecasts from Micron Technology and Qualcomm breathed fresh ‌life into Wall Street's recently wan...

MU QCOM GUSH IEO OIH PXJ UCO

Jun 24, 2026, 7:47 PM EDT - 3 hours ago

Rocket Lab, Lockheed Martin among the partners in SpaceX's military space-laser project

Government documents show a lineup of defense contractors joining SpaceX to create a satellite network to track airborne threats.

LMT RKLB SPCX IEO OIH PXJ UCO

Jun 24, 2026, 7:28 PM EDT - 3 hours ago

GM adds $675 million to Brazil investment plan

General Motors announced on Wednesday it would invest an extra 3.5 billion reais ($674.88 ‌million) in Brazil, expanding its commitment to the country's auto industry by 50% and supporting productio...

GM RKLB SPCX IEO OIH PXJ UCO

Jun 24, 2026, 7:21 PM EDT - 4 hours ago

Volkswagen to sell 51% stake in Everllence to Bain Capital for about €7.4 billion

Volkswagen has agreed to sell ‌a 51% stake in marine engine unit ⁠Everllence to private equity firm Bain Capital in a deal that will ‌generate ⁠proceeds at about €7.4 billion ($8.40 billion), ...

GM RKLB SPCX IEO OIH PXJ UCO

Jun 24, 2026, 7:20 PM EDT - 4 hours ago

New Home Sales Drop 7% in May

According to the Census Bureau, new home sales were at a seasonally adjusted annual rate of 580,000 in May. This represents a 7.3% decline from April's rate of 626,000 and an 6.8% drop from the previo...

ITB PKB REZ XHB OIH PXJ UCO

Jun 24, 2026, 7:01 PM EDT - 4 hours ago

Getty's Deal With OpenAI Leaves IP Issues Open

Getty Images and OpenAI have entered into a “display” agreement which, while offering an enhanced visual experience for ChatGPT users, leaves the surrounding intellectual property issues largely unadd...

GETY PKB REZ XHB OIH PXJ UCO

Jun 24, 2026, 7:00 PM EDT - 4 hours ago

Micron's Blockbuster Earnings Quiet the AI Doubters

The memory company sparks an after-hours rally, sending Nasdaq futures higher.

MU PKB REZ XHB OIH PXJ UCO

Jun 24, 2026, 6:58 PM EDT - 4 hours ago

Zoox to ramp up production of up to 100 newly upgraded robotaxis a week

Zoox revealed a refreshed robotaxi design that the company says will improve rider experience. The update comes as the company prepares to ramp up vehicle production at its Hayward factory.

AMZN PKB REZ XHB OIH PXJ UCO

Jun 24, 2026, 6:53 PM EDT - 4 hours ago

Meta forced thousands of engineers into AI training work. Now it's giving some a way out.

Meta reassigned thousands of engineers to units focused on AI training last month. Now, Meta is letting people leave the unit if they want to.

META PKB REZ XHB OIH PXJ UCO

Jun 24, 2026, 6:41 PM EDT - 4 hours ago

Cerebras stock plunges after earnings as CEO says margin outlook was misunderstood

Shares of Cerebras Systems dropped almost 20% on Wednesday, even after the company delivered better-than-expected first-quarter earnings on Tuesday.

CBRS PKB REZ XHB OIH PXJ UCO

Jun 24, 2026, 6:39 PM EDT - 4 hours ago

Anthropic Asks Washington to Stop Chinese Companies' AI Model Theft

Anthropic is seeking U.S. government help in its fight against Chinese companies' efforts to copy its artificial intelligence models, and said that Alibaba Group Holding is among the companies that ar...

CBRS PKB REZ XHB OIH PXJ UCO

Jun 24, 2026, 6:33 PM EDT - 4 hours ago

Micron is tech's new margin king as memory crisis pushes company past Nvidia and Meta

Micron said in its quarterly earnings report that its gross margin jumped to 84.9% from 39% a year ago. That's ahead of all the top U.S. tech companies, including chipmaker Nvidia, which recorded a gr...

MU PKB REZ XHB OIH PXJ UCO

Jun 24, 2026, 6:17 PM EDT - 5 hours ago

Micron Stock Soars as Results Blow Past Wall Street Expectations Amid Booming AI Demand

Could Micron be ready to resume its record-setting rally?

MU PKB REZ XHB OIH PXJ UCO

Jun 24, 2026, 6:09 PM EDT - 5 hours ago

US oil prices briefly fall below $70 even as stocks dwindle at storage hub

Revived tanker movement through the Strait of Hormuz pushed U.S. crude prices below $70 a barrel briefly on Wednesday even though inventories at the country's crude storage hub in Cushing, Oklahoma h...

BNO DBO GUSH IEO OIH PXJ UCO

Jun 24, 2026, 6:06 PM EDT - 5 hours ago

Qualcomm's stock is soaring as these big numbers excite Wall Street

Shares of Qualcomm soared on Wednesday after the company announced new revenue targets.

QCOM DBO GUSH IEO OIH PXJ UCO

Jun 24, 2026, 6:06 PM EDT - 5 hours ago

Cerebras's stock sinks below IPO price in a major blow to early investors

The once-high-flying AI chip maker's stock has now dropped more than 50% from its all-time intraday high hit six weeks ago.

CBRS DBO GUSH IEO OIH PXJ UCO

Jun 24, 2026, 6:00 PM EDT - 5 hours ago

Susie Wolff on F1's Future: Inside PepsiCo's billion dollar partnership

Women's sports is no longer a niche opportunity. At Cannes Lions, Brian Sozzi sits down with F1 Academy Managing Director Susie Wolff and PepsiCo Chief Consumer and Marketing Officer Jane Wakely to di...

PEP DBO GUSH IEO OIH PXJ UCO

Jun 24, 2026, 6:00 PM EDT - 5 hours ago

Crypto Corner: MSTR Bitcoin Plan Questioned & BTC Technical Analysis

Crypto analyst firm CryptoQuant warns Strategy (MSTR) that it needs to stop focusing on Bitcoin accumulation and instead turn to rebuilding its cash pile. @CharlesSchwab's Nathan Peterson explains why...

MSTR DBO GUSH IEO OIH PXJ UCO

Jun 24, 2026, 6:00 PM EDT - 5 hours ago

Copper One Resources Corp. Announces Closing of Non-Brokered Unit Private Placement for Gross Proceeds of $2,500,000

Vancouver, BC – TheNewswire - June 24, 2026 – Copper One Resources Corp. ("Copper One" or the "Company") (CSE:CEXY | OTCID:CEXYF | FSE:IW8 | WKN: A42AGR) (the “ Company ”) is pleased to announce that ...

MSTR DBO GUSH IEO OIH PXJ UCO

Jun 24, 2026, 5:54 PM EDT - 5 hours ago

Comcast-owned Sky reaches terms to buy ITV's broadcast unit, sources say

Sky, the Comcast -owned British pay TV group, has agreed on terms to buy ITV's broadcast and streaming unit, two people familiar ‌with the matter said, with ITV acquiring "The Great British Bake Off"...

CMCSA DBO GUSH IEO OIH PXJ UCO

Jun 24, 2026, 5:51 PM EDT - 5 hours ago

SK Hynix Seeks $29B With US Listing to Fund AI Boom

Bloomberg Intelligence's Jake Silverman joins Dani Burger on "Bloomberg Deals.SK Hynix is planning to raise $29.4 billion in a landmark US listing, as companies along the artificial intelligence suppl...

CMCSA DBO GUSH IEO OIH PXJ UCO

Jun 24, 2026, 5:49 PM EDT - 5 hours ago

Lockheed Martin Gets More Than $35 Billion U.S. Contract for Thaad Systems

The defense contractor said the award is one of the first major procurement contracts executed under the Defense Department's effort to stockpile weapons in the next few years.

LMT DBO GUSH IEO OIH PXJ UCO

Jun 24, 2026, 5:45 PM EDT - 5 hours ago

Bain Capital set to buy controlling stake in Volkswagen's Everllence unit, FT reports

Bain Capital is ‌set to acquire a majority stake ⁠in Volkswagen's marine engine unit Everllence, Financial Times reported ‌on ⁠Wednesday, citing people familiar with ⁠the matter.

LMT DBO GUSH IEO OIH PXJ UCO

Jun 24, 2026, 5:42 PM EDT - 5 hours ago

AI researchers continue to leave Google for its rivals

Top AI researchers Jonas Adler and Alexander Pritzel are leaving Google for Anthropic, according to Bloomberg. Per the report, Adler and Pritzel played key roles in the development of Google's Gemini ...

GOOG GOOGL GUSH IEO OIH PXJ UCO

Jun 24, 2026, 5:34 PM EDT - 5 hours ago

Trump meets defense CEOs as Iran operations strain U.S. missile stockpiles

The CEOs of Boeing, Lockheed Martin and Honeywell arrived at the White House for a meeting with President Donald Trump. The meeting comes as the administration pushes defense contractors to ramp up we...

BA HON LMT IEO OIH PXJ UCO

Jun 24, 2026, 5:26 PM EDT - 6 hours ago

South Korea's SK Hynix Has Been One Of 2026's Hottest Stocks. It Could List In the US Next Month

One of the world's hottest names in memory could be coming to the U.S. stock market soon.

DRAM MU NVDA IEO OIH PXJ UCO

Jun 24, 2026, 5:21 PM EDT - 6 hours ago

Micron Soars 15% After Chipmaker Posts Record Revenue And Positive Guidance

Bears are likely to remain concerned about how Micron can keep up its supply for extreme AI demand, Vital Knowledge's note added. The firm also identified management's expectation for higher capital e...

MU MU NVDA IEO OIH PXJ UCO

Jun 24, 2026, 5:19 PM EDT - 6 hours ago

Building on Mutual Fund Success: Natixis Loomis Sayles Debuts 2 ETFs

On June 24, Natixis Investment Managers and Loomis Sayles & Company rolled out two new actively managed fixed income funds, the Natixis Loomis Sayles Total Return Bond ETF (LSTB) and the Natixis Loomi...

JCPB PYLD NVDA IEO OIH PXJ UCO

Jun 24, 2026, 5:18 PM EDT - 6 hours ago

Anthropic accuses Alibaba of campaign to 'brazenly' and 'illicitly' extract AI capabilities

Anthropic sent a letter to U.S. officials accusing Alibaba of "brazenly" and "illicitly" attempting to extract its AI capabilities. The letter, which was obtained by CNBC, claims Alibaba carried out "...

BABA PYLD NVDA IEO OIH PXJ UCO

Jun 24, 2026, 5:07 PM EDT - 6 hours ago

Trump asks Congress for $1 billion to boost pensions of former GM parts company workers

The White House asked Congress on Wednesday for $1 billion ‌to boost the pensions of workers at former General Motors auto parts unit Delphi that were ⁠cut during the Detroit automaker's 2009 bank...

GM PYLD NVDA IEO OIH PXJ UCO

Jun 24, 2026, 5:06 PM EDT - 6 hours ago

Gold breaks $4,000, silver sinks 6.5% as stronger dollar deepens post-Fed selloff - Kitco PM Report

Spot gold and silver prices were sharply lower after the close on Wednesday, as a firmer U.S. dollar, post-Fed rate repricing, and easing oil-supply fears outweighed residual haven demand tied to the ...

AAAU DGP GLD GLDM IAU OUNZ SIL

Jun 24, 2026, 5:06 PM EDT - 6 hours ago

Oil Slump Deepens While Tech Stocks Struggle

Micron falls for second day before turning higher after hours.

BNO DBO GUSH IEO OIH PXJ UCO

Jun 24, 2026, 5:04 PM EDT - 6 hours ago

Trump says Exxon, Chevron among firms probed as part of surge in gas prices

U.S. President Donald ‌Trump said on Wednesday that Exxon ⁠Mobil and Chevron were among companies being probed as a ‌part ⁠of a surge in gas prices.

CVX XOM GUSH IEO OIH PXJ UCO

Jun 24, 2026, 5:04 PM EDT - 6 hours ago

Sandisk (SNDK) Price Forecast: AI Rally Faces Key Pullback Test

Sandisk corrects sharply after a major AI-driven rally, testing 20-day support as traders assess whether the pullback is routine or the start of deeper consolidation.

SNDK XOM GUSH IEO OIH PXJ UCO

Jun 24, 2026, 5:00 PM EDT - 6 hours ago

Humanoid robot startup Agility Robotics is going public at a $2.5 billion valuation via a SPAC

Agility Robotics plans to go public via a SPAC at a $2.5 billion valuation. Agility has deployed Digit robots at Amazon, Toyota, and the logistics firm GXO.

CCXI XOM GUSH IEO OIH PXJ UCO

Jun 24, 2026, 4:58 PM EDT - 6 hours ago

JPMorgan Chase unveils $50 billion buyback, Goldman Sachs raises dividend after Fed stress test

JPMorgan Chase unveiled a new $50 billion share repurchase program and raised its quarterly dividend after passing the Federal Reserve's annual stress test. JPMorgan said it will increase its quarterl...

GS JPM GUSH IEO OIH PXJ UCO

Jun 24, 2026, 4:56 PM EDT - 6 hours ago

Bull Signal Flashing For Struggling Satellite Concern

Shares of EchoStar (ECHO) are trading 4% lower at $99.66 this afternoon, as the company debuted its new ticker ECHO, replacing SATS. CEO and Founder Charlie Ergen said the change represents “growth fr...

ECHO JPM GUSH IEO OIH PXJ UCO

Jun 24, 2026, 4:55 PM EDT - 6 hours ago

Gold (XAU/USD) Price Forecast: Breakdown Signals Risk of Deeper Correction

Gold broke below long-term trendline support and a key Fibonacci level, increasing the risk of a deeper correction while leaving bulls with important resistance to reclaim.

AAAU BAR DBP GLD GLDM IAU OUNZ

Jun 24, 2026, 4:51 PM EDT - 6 hours ago

Micron Soars 13% After Chipmaker Posts Record Revenue And Positive Guidance

This is a developing story. Check back for updates.

MU BAR DBP GLD GLDM IAU OUNZ

Jun 24, 2026, 4:47 PM EDT - 6 hours ago

Are Investors Sleeping on Bitcoin Funds in 2026?

Bitcoin just hit a two-week low this week and there are signs that headwinds are growing. The new Fed chair's policy plans have cast some doubt on the “debasement trade” believers — those who look to ...

DECO BAR DBP GLD GLDM IAU OUNZ

Jun 24, 2026, 4:45 PM EDT - 6 hours ago

Anthropic says Alibaba illicitly extracted Claude AI model capabilities

Anthropic accused Alibaba, the ‌Chinese technology and e-commerce giant, of illicitly ⁠extracting its Claude AI model capabilities, calling it the largest known ‌distillation ⁠attack on the com...

BABA BAR DBP GLD GLDM IAU OUNZ

Jun 24, 2026, 4:44 PM EDT - 6 hours ago

Micron's Growth Rate Is Remarkable, Munster Says

Deepwater Asset Management Managing Partner Gene Munster breaks down Micron earnings on "Bloomberg The Close." He says hyperscalers will grow faster for longer than investors expected.

MU BAR DBP GLD GLDM IAU OUNZ

Jun 24, 2026, 4:40 PM EDT - 6 hours ago

Agility Robotics heads to Wall Street in a $2.5B bet on staffing warehouses with humanoids

A maker of humanlike robots that carry totes around warehouses is going public on Wall Street in a test of whether there's a market for putting AI-powered humanoid machines to work.

CCXI BAR DBP GLD GLDM IAU OUNZ

Jun 24, 2026, 4:37 PM EDT - 6 hours ago

Jefferies quarterly profit more than doubles on dealmaking, equities strength

Jefferies Financial Group said on Wednesday its profit more than doubled in the second quarter, as the investment bank earned higher fees from advising on deals and underwriting share sales.

JEF BAR DBP GLD GLDM IAU OUNZ

Jun 24, 2026, 4:29 PM EDT - 6 hours ago

Micron Sales Forecast Shatters Estimates on AI Demand

Micron Technology Inc. delivered a sales forecast that topped Wall Street estimates after AI-fueled shortages of components sent prices soaring. Revenue is projected to be $50 billion for the fiscal f...

MU BAR DBP GLD GLDM IAU OUNZ

Jun 24, 2026, 4:24 PM EDT - 7 hours ago

Micron Earnings Report Exceeds Expectations | Closing Bell

Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec. -------- More ...

MU BAR DBP GLD GLDM IAU OUNZ

Jun 24, 2026, 4:24 PM EDT - 7 hours ago

Qualcomm CEO Cristiano Amon: Building comprehensive solution for data centers

Qualcomm CEO Cristiano Amon joins 'Closing Bell' to discuss Qualcomm's acquisition of Modular, the next generation of data centers and much more.

QCOM BAR DBP GLD GLDM IAU OUNZ

Jun 24, 2026, 4:22 PM EDT - 7 hours ago

Micron Revenue Soars on Continued Memory Demand

The company has been reaping the benefits of an industrywide shortage of memory technology, an important component of artificial-intelligence hardware.

MU BAR DBP GLD GLDM IAU OUNZ

Jun 24, 2026, 4:19 PM EDT - 7 hours ago

Micron forecasts quarterly revenue above estimates

Micron Technology forecast quarterly revenue above Wall Street ‌estimates on Wednesday, signaling that insatiable demand for AI-related infrastructure will continue to drive strong demand for its m...

MU BAR DBP GLD GLDM IAU OUNZ

Jun 24, 2026, 4:17 PM EDT - 7 hours ago

Lime IPO: Share price, trading date as Uber-backed scooter company heads for the Nasdaq

Lime, the Uber-backed electric scooter and bike sharing startup, has applied to list on the Nasdaq stock exchange. The company aims to raise $181.9 million, potentially valuing it at $1.8 billion.

LIME BAR DBP GLD GLDM IAU OUNZ

Jun 24, 2026, 4:13 PM EDT - 7 hours ago

Big Banks Ace an Easier Annual Stress Test

JPMorgan, Bank of America passed the tests with flying colors after the Federal Reserve last year began releasing details of the tests in advance

BAC JPM KBE XLF GLDM IAU OUNZ

Jun 24, 2026, 4:07 PM EDT - 7 hours ago

Micron revenue more than quadruples as AI boom leads to soaring memory prices

Micron reported fiscal third-quarter results that topped analysts' estimates. The company has been one of the biggest beneficiaries of the AI boom, which has caused historic demand for memory.

MU JPM KBE XLF GLDM IAU OUNZ

Jun 24, 2026, 4:04 PM EDT - 7 hours ago

A SpaceX ‘investment coma' is driving this major space ETF toward its worst month in 6 years

Investors are seeing “the reality now of owning a very volatile space stock.”

SPCX ORBX UFO WARP GLDM IAU OUNZ

Jun 24, 2026, 4:02 PM EDT - 7 hours ago

Elon Musk loses trillionaire status as SpaceX and Tesla stock drops

Falling shares push tech mogul back down to billionaire ranks after SpaceX IPO made him world's first trillionaire

SPCX TSLA UFO WARP GLDM IAU OUNZ

Jun 24, 2026, 4:02 PM EDT - 7 hours ago

Gold, silver and bitcoin are getting rocked, and angry investors can blame Kevin Warsh

Gold, silver and bitcoin are all falling to their lowest levels of the year as a strong dollar and fears of interest-rate hikes heap pressure on the “debasement trade.”

AAAU BAR DBP GLD GLDM IAU OUNZ

Jun 24, 2026, 4:00 PM EDT - 7 hours ago

Big Banks Can Weather Severe Recession, Fed Says, in Unusual Year for Stress Tests

The Federal Reserve said the nation's largest banks could absorb $708 billion in losses and keep lending, though this year's stress-test results won't affect capital requirements.

BAC C GS JPM MS WFC XLF

Jun 24, 2026, 3:47 PM EDT - 7 hours ago

Small Cap Quality Over Size: Why ALPS OUSM Deserves a Look

When evaluating small-cap equity exposure, it's easy to gravitate towards the iShares Russell 2000 ETF (IWM) given its $82 billion in assets and 0.19% expense ratio. Yet, a closer look at another fund...

ALPS OUSM IWM JPM MS WFC XLF

Jun 24, 2026, 3:42 PM EDT - 7 hours ago

For decades, the only first treatment for one of the deadliest breast cancers was standard chemotherapy. Now there are two newly approved drugs.

AstraZeneca and Gilead have won approval for treatments of an advanced form of the disease.

AZN GILD IWM JPM MS WFC XLF

Jun 24, 2026, 3:37 PM EDT - 7 hours ago

Hertz Shares Plunge 33% After Unexpected Used Car Market Slump

Rental car company Hertz announced a proposed offering of $100 million of common stock and $300 million of exchangeable senior first-lien secured payment-in-kind (PIK) notes Wednesday (June 24), while...

HTZ GILD IWM JPM MS WFC XLF

Jun 24, 2026, 3:30 PM EDT - 7 hours ago

Olivier Blanchard's QCOM Bull Case: Legacy Tech Moat Meets AI Data Center Growth

"Qualcomm (QCOM) was an AI company before it was cool," says Olivier Blanchard, pointing to subtle ways the company has advanced its tech standing that markets missed. Now, he sees data center growth ...

QCOM GILD IWM JPM MS WFC XLF

Jun 24, 2026, 3:30 PM EDT - 7 hours ago

Anthropic's ‘Mythos' sniffed out vulnerabilities in classified US government systems within hours: report

The AI model – which has stoked widespread safety concerns – was reportedly able to find vulnerabilities in highly secure, sensitive US government systems within just a few hours.

QCOM GILD IWM JPM MS WFC XLF

Jun 24, 2026, 3:26 PM EDT - 8 hours ago

Tesla stock slips as investors eye deliveries data and SpaceX merger buzz

Tesla shares TSLA remained under pressure on Wednesday as investors looked ahead to the electric vehicle maker's second-quarter delivery report while increasingly focusing on speculation surrounding a...

SPCX TSLA IWM JPM MS WFC XLF

Jun 24, 2026, 3:15 PM EDT - 8 hours ago

Alibaba's model never trained as an agent — and improved agent performance across seven benchmarks

Alibaba's Qwen team released Qwen-AgentWorld on Tuesday — two models trained not to act inside agent environments, but to predict what those environments return. The release covers seven domains under...

BABA TSLA IWM JPM MS WFC XLF

Jun 24, 2026, 3:15 PM EDT - 8 hours ago

SK Hynix Stock Will List in the U.S. What That Means for South Korea and Chip Funds.

SK Hynix will be easier for investors to buy. Will that hurt demand for South Korean funds and the DRAM ETF?

EWY FLKR PSI SMH SOXL SOXX XLF

Jun 24, 2026, 3:15 PM EDT - 8 hours ago

Nike's New CFO Won't Speed Up Its Turnaround

Nike named Pfizer's former CFO David Denton as finance chief and reaffirmed guidance, but clearer evidence that the turnaround is working may still be several quarters away.

NKE FLKR PSI SMH SOXL SOXX XLF

Jun 24, 2026, 3:06 PM EDT - 8 hours ago

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Dives 4.5% As Tankers Openly Transit The Strait Of Hormuz

Oil markets are under strong pressure amid signs of normalization in the Strait of Hormuz.

BNO DBO GUSH IEO OIH PXJ UCO

Jun 24, 2026, 3:05 PM EDT - 8 hours ago

AmEx and ABA Team to Launch Credit Cards for Legal Practices

Financial services platform Mercantile has joined forces with American Express and the American Bar Association (ABA). The collaboration, announced Wednesday (June 24), is designed to give legal profe...

AXP DBO GUSH IEO OIH PXJ UCO

Jun 24, 2026, 3:03 PM EDT - 8 hours ago

Qualcomm announces AI data center CPU, signs Meta as first major customer

Qualcomm on Wednesday revealed a CPU for data centers called Dragonfly C1000, and said that Meta would use it when it starts production in 2028. The chipmaker said that the new chip was built for agen...

META QCOM GUSH IEO OIH PXJ UCO

Jun 24, 2026, 3:02 PM EDT - 8 hours ago

Anthropic Veterans' Startup Seeks to Help Scientists Develop Their Own AI

Mirendil raises $200 million from Andreessen Horowitz and Kleiner Perkins to make AI that can do the job of an AI engineer.

META QCOM GUSH IEO OIH PXJ UCO

Jun 24, 2026, 3:00 PM EDT - 8 hours ago

Bull v. Bear: MU Earnings Path to Continue Parabolic Rally

Characteristics and Risks of Standardized Options: https://bit.ly/2v9tH6D. Lots of visibility into the AI demand story will be seen in Micron's (MU) earnings, says Kevin Hincks.

MU QCOM GUSH IEO OIH PXJ UCO

Jun 24, 2026, 3:00 PM EDT - 8 hours ago

Delta CEO Ed Bastian reveals what must happen for airline ticket prices to fall

Ed Bastian points directly to a lack of market supply rather than just the fluctuating fuel costs.

DAL QCOM GUSH IEO OIH PXJ UCO

Jun 24, 2026, 2:53 PM EDT - 8 hours ago

Hertz stock plunges as weak used-car demand hits earnings outlook

Shares of Hertz Global Holdings plunged on Wednesday after the car-rental company warned that second-quarter earnings are tracking toward the lower end of its guidance range, citing unexpected weaknes...

HTZ QCOM GUSH IEO OIH PXJ UCO

Jun 24, 2026, 2:50 PM EDT - 8 hours ago

Oil markets start to signal near-term oversupply as tankers exit Strait of Hormuz

Prices of Brent crude oil for second-month delivery traded higher on Wednesday than prices for prompt delivery for the first time since the Iran war started in ‌late February, signaling increased nea...

BNO DBO GUSH IEO OIH PXJ UCO

Jun 24, 2026, 2:47 PM EDT - 8 hours ago

Rosenbluth Discusses Thematics & RAFI Acquisition on Schwab Network

TMX VettaFi Head of Research Todd Rosenbluth discusses thematic ETFs and the implications of VettaFi's acquisition of RAFI Indices on Schwab Network. VettaFi's RAFI Indices Acquisition and Fundamental...

AMLP HEDJ PRF ROBO UFO ALPS UCO

Jun 24, 2026, 2:47 PM EDT - 8 hours ago

Why Advisors Are Ditching Mutual Funds for Sector ETFs

Record ETF inflows are pointing to a change in how financial advisors are building portfolios, according to State Street Investment Management's 2026 ETF Impact Report. Key Takeaways: Advisor ETF allo...

XLK XLU PRF ROBO UFO ALPS UCO

Jun 24, 2026, 2:45 PM EDT - 8 hours ago

Steve Huffman reveals Reddit's path to 1 billion Users

AI can answer questions. That doesn't mean people want less human interaction.

RDDT XLU PRF ROBO UFO ALPS UCO

Jun 24, 2026, 2:45 PM EDT - 8 hours ago

Wendy's Was a Turnaround Play. Now It's a Meme Stock

The latest meme darling: the fast-food chain known for the Frosty and the four-cornered burger.

WEN XLU PRF ROBO UFO ALPS UCO

Jun 24, 2026, 2:45 PM EDT - 8 hours ago

Xiaomi's HarnessX rewrites its own AI scaffolding mid-task — and smaller models gain the most

As enterprise AI agents take on increasingly complex, long-horizon tasks, their performance is often restricted by their harness, the software scaffolding that connects the backbone LLM to its environ...

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Jun 24, 2026, 2:45 PM EDT - 8 hours ago

OpenAI and Broadcom Unveil Custom A.I. Chip Design

The maker of ChatGPT plans to use enough chips to consume 10 gigawatts of electricity, an amount that could power millions of households.

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Jun 24, 2026, 2:43 PM EDT - 8 hours ago

Costco, Exxon, and 17 More Winners if the Market Drops

These stocks can hold their ground, or even gain, when the market falls. And a garden variety correction—a 10% drop or more—is quite possible.

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Jun 24, 2026, 2:39 PM EDT - 8 hours ago

Google delays Gemini 3.5 Pro launch to July as it tweaks its new frontier AI model

The release date for Google's new Gemini 3.5 Pro model has been pushed back to July. The company has been improving the model based on feedback from early testers and its Flash model.

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Jun 24, 2026, 2:33 PM EDT - 8 hours ago

Kalshi Chief Says IPO Won't Happen This Year

Kalshi's CEO has confirmed the company wants to go public, though not right away. Tarek Mansour said in a CNBC interview Wednesday (June 24) that the prediction market is in the early stages of planni...

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Jun 24, 2026, 2:30 PM EDT - 8 hours ago

Burke: MU Unsung Earnings Potential in Data Centers & "Full Stack" Technology

Futurum's Brendan Burke sees stronger growth for Micron (MU) that investors aren't pricing in. He believes revenue from data center will exceed expectations and points to Micron's "full stack" technol...

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Jun 24, 2026, 2:28 PM EDT - 8 hours ago

This solar stock is surging on the heels of a new Tesla deal

Sunrun, a provider of home battery storage, is working with Tesla to meet the energy needs of AI data centers.

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Jun 24, 2026, 2:27 PM EDT - 9 hours ago

Wall Street Is Getting More Bullish on Stocks. The S&P 500 Is 'Earning' Its Gains.

Wall Street firms are getting more bullish on earnings—and stocks—heading into the second half of 2026.

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Jun 24, 2026, 2:23 PM EDT - 9 hours ago

Sony Pictures invests $100 million in Cosm, takes minority stake

Sony Pictures Entertainment announced a $100 million strategic investment in immersive technology firm Cosm on Wednesday, marking a push by the Hollywood studio to extend ‌its film and television pro...

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Jun 24, 2026, 2:22 PM EDT - 9 hours ago

Nvidia's Huang calls black market data centers made of smuggled parts a 'dead end'

Nvidia CEO Jensen Huang told shareholders on Wednesday that if a commercial opportunity conflicts with U.S. national security, the company would prioritize American interests. "Trying to cobble togeth...

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Jun 24, 2026, 2:22 PM EDT - 9 hours ago

Microsoft buys seven GE Vernova turbines for Texas data center with Chevron

CNBC's Seema Mody reports on GE Vernova's gas turbines that are powering AI.

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Jun 24, 2026, 2:21 PM EDT - 9 hours ago

Wendy's surges over 40% after viral Reddit post ignites meme-stock frenzy

The rally, which briefly triggered a volatility halt, appeared to have little to do with the company's fundamentals.

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