Market News - Mboum.com

Jun 11, 2026, 6:11 AM EDT - 6 minutes ago

How Visa is designing smarter credit cards for AI shopping

For years, predictions about the future of commerce have often ended the same way: Credit cards eventually disappear.

Jun 11, 2026, 6:08 AM EDT - 9 minutes ago

Pharmsource says it was unaware Dexcom sensors it bought were slated for destruction

Drug wholesaler Pharmsource LLC said it was unaware the Dexcom glucose sensors it bought from licensed distributors had been ‌slated for destruction, after the device maker warned some units were sto...

DXCM

Jun 11, 2026, 6:05 AM EDT - 12 minutes ago

SpaceX by the numbers: Six charts mapping businesses driving its IPO ambitions

SpaceX's market debut on Friday is expected to be the largest-ever IPO, capping the meteoric rise of a company that has reshaped the space business with reusable rockets and internet beamed from orbit...

SPCX

Jun 11, 2026, 6:04 AM EDT - 13 minutes ago

On brink of IPO, Musk's SpaceX already a household name, Reuters/Ipsos poll finds

SpaceX is more widely recognized than legacy Apollo-era companies, according to a Reuters/Ipsos ‌poll.

SPCX

Jun 11, 2026, 6:03 AM EDT - 14 minutes ago

Some US employers to drop coverage of GLP-1 obesity drugs in 2027 as use increases

Some employers are planning to drop coverage of GLP-1 drugs for weight loss next year as more people take the medications, counteracting some savings from lower prices for Novo Nordisk's Wegovy and El...

LLY NVO

Jun 11, 2026, 6:00 AM EDT - 17 minutes ago

Gold (XAUUSD) & Silver Price Forecast: Truce Stability vs CPI Pressure — Next Bounce for XAU & XAG?

Gold and silver traded with mixed signals as the Middle East truce held firm amid Iran-Israel tensions. Gold rebounded to $4,089 defending Fib support while silver stabilized at $64.18.

AAAU BAR DBP GLD GLDM IAU OUNZ

Jun 11, 2026, 5:52 AM EDT - 25 minutes ago

NATO commander highlights critical role of data in modern combat

NATO's top military commander on Thursday highlighted ‌the importance of battlefield data processing in modern warfare, pointing to conflicts in ⁠Ukraine and the Middle East.

NATO BAR DBP GLD GLDM IAU OUNZ

Jun 11, 2026, 5:48 AM EDT - 29 minutes ago

Walmart's head of growth says AI is rewriting the rules for its fast-growing ads business

Walmart's head of growth says AI commerce presents an opportunity for a more strategic approach to ads. Ads have already overrun many conventional search engines, and they're coming to some AI platfor...

WMT BAR DBP GLD GLDM IAU OUNZ

Jun 11, 2026, 5:43 AM EDT - 34 minutes ago

Singapore's oil product inventories slump to near 13-year low

Oil product stocks in Asia's key trading hub Singapore fell to their lowest levels in nearly 13 years, led by a ‌sharp drawdown in residual fuel inventories as the Middle East conflict continues, off...

BNO DBO GUSH IEO OIH PXJ UCO

Jun 11, 2026, 5:37 AM EDT - 40 minutes ago

SpaceX IPO (SPCX): Why This Could Be the Biggest Trading Story of 2026

Size creates attention. SpaceX is targeting a raise of approximately $75 billion at a fixed IPO price of $135 per share, implying a valuation of up to $1.75 trillion.

SPCX DBO GUSH IEO OIH PXJ UCO

Jun 11, 2026, 5:36 AM EDT - 41 minutes ago

Marriott, Flutter, Coca-Cola among stocks poised to gain from FIFA World Cup 2026

The 2026 FIFA World Cup kicks off on Thursday in Mexico with an opening ceremony followed by the tournament's first match between hosts Mexico and South Africa, marking the beginning of the largest Wo...

FLUT KO MAR IEO OIH PXJ UCO

Jun 11, 2026, 5:30 AM EDT - 47 minutes ago

Meta's Subscription Push Exposes Its Weak Hand in AI

Charging users is the latest idea to expand beyond ads—a pickle Meta isn't likely to get out of soon.

META KO MAR IEO OIH PXJ UCO

Jun 11, 2026, 5:29 AM EDT - 48 minutes ago

SpaceX IPO: why 4x oversubscription may not guarantee a strong debut

SpaceX is heading into its Nasdaq debut with the kind of demand most companies can only dream of. The Elon Musk-led company has reportedly drawn about $250 billion of investor orders for a $75 billion...

SPCX KO MAR IEO OIH PXJ UCO

Jun 11, 2026, 5:24 AM EDT - 53 minutes ago

Micron Stock Roars Back as It Shrugs Off Threat From Rival Memory-Chip Maker

Shares rally as investors buy the dip in tech stocks despite the U.S. and Iran exchanging fire for a second straight day.

MU KO MAR IEO OIH PXJ UCO

Jun 11, 2026, 5:16 AM EDT - 1 hour ago

Hundreds of BHP workers vote to strike at key Australian iron ore export hub

Hundreds of BHP workers at Port Hedland in Western Australia ‌voted in favour of taking strike action, unions said on Thursday, raising the risk of disruptions to iron ore shipments from one of the...

BHP KO MAR IEO OIH PXJ UCO

Jun 11, 2026, 5:11 AM EDT - 1 hour ago

China learns to live on less fuel, to the relief of oil markets

Three months into the Iran war, the oil market is coming to grips with an unexpected new reality: China, the world's largest importer, needs much less fuel than previously thought.

BNO DBO GUSH IEO OIH PXJ UCO

Jun 11, 2026, 5:04 AM EDT - 1 hour ago

How Tesla's Stock Listing in 2010 Enabled SpaceX's I.P.O.

Investors who bought the automaker's shares in its initial public offering became rich. As a result, many have a deep faith in Elon Musk, the chief executive of Tesla and SpaceX.

SPCX TSLA GUSH IEO OIH PXJ UCO

Jun 11, 2026, 5:03 AM EDT - 1 hour ago

Focus: Wall Street buckles up for SpaceX liftoff, hoping for a glitch-free ride

As SpaceX prepares for its record-breaking $75 billion market debut with great fanfare, Wall Street traders, brokers and exchanges are working nonstop to make sure their trading systems can handle the...

SPCX TSLA GUSH IEO OIH PXJ UCO

Jun 11, 2026, 5:00 AM EDT - 1 hour ago

Anthropic pledges $200 million to research AI's economic impact as CEO suggests job loss solutions

Anthropic on Wednesday joined growing calls for the artificial intelligence industry to find ways to cushion people from the technology's disruptions, announcing an initial $200 million investment to ...

SPCX TSLA GUSH IEO OIH PXJ UCO

Jun 11, 2026, 5:00 AM EDT - 1 hour ago

Spotify quietly took down over 57,000 podcasts peddling opioids, a US senator says

Spotify removed 57,000 opioid-related podcasts after Business Insider's probe into the issue. Sen. Maggie Hassan criticized Spotify for failing to report the podcast content to law enforcement.

SPOT TSLA GUSH IEO OIH PXJ UCO

Jun 11, 2026, 4:52 AM EDT - 1 hour ago

British device maker Halma's shares slump on slower annual growth forecast

British health and safety device maker Halma forecast organic constant-currency revenue growth for fiscal 2027 at a slower rate than the previous ‌year, sending its shares down nearly 15% on Thursday...

SPOT TSLA GUSH IEO OIH PXJ UCO

Jun 11, 2026, 4:51 AM EDT - 1 hour ago

China's Xiaomi files for new extended-range EV

Chinese electric vehicle maker Xiaomi has filed ‌with regulators to add an extended-range electric vehicle to its lineup, according to ⁠a notice from the industry ministry on Wednesday.

SPOT TSLA GUSH IEO OIH PXJ UCO

Jun 11, 2026, 4:49 AM EDT - 1 hour ago

Saudi July crude supply to China to remain at record low

Saudi Arabia's crude oil sales to China are expected to remain at record lows in July as elevated prices in the wake ‌of the U.S.-Israeli war on Iran continue to weigh on demand from the world's larg...

BNO DBO IEO KSA OIH PXJ UCO

Jun 11, 2026, 4:36 AM EDT - 1 hour ago

Stock Market Today: Investors Shrug Off Iran Tensions, Oracle Earnings

Stock futures gain with oil down slightly

ORCL DBO IEO KSA OIH PXJ UCO

Jun 11, 2026, 4:35 AM EDT - 1 hour ago

Asics' 'Kill Bill' sneaker brand Onitsuka Tiger laces up for global expansion

Asics' Onitsuka Tiger, famed for its yellow and black sneakers, is embarking on a global expansion to capitalise on booming demand for its retro fashion shoes, but analysts warn the ambition could pu...

ORCL DBO IEO KSA OIH PXJ UCO

Jun 11, 2026, 4:34 AM EDT - 1 hour ago

AI mega-listings are 'just the start,' Razer CEO says, ahead of historic SpaceX IPO

Razer CEO Min-Liang Tan expects subsequent waves of blockbuster IPOs from AI-linked companies. Tan's comments come ahead of a historic suite of IPOs from SpaceX, Anthropic, and OpenAI.

SPCX DBO IEO KSA OIH PXJ UCO

Jun 11, 2026, 4:25 AM EDT - 1 hour ago

Wizz Air Withholds Guidance Due to Middle East Conflict

The low-cost carrier posted a slump in net profit for the year through March and said it wasn't providing guidance for fiscal 2027.

SPCX DBO IEO KSA OIH PXJ UCO

Jun 11, 2026, 4:23 AM EDT - 1 hour ago

Visa plugs its payment network into ChatGPT, letting AI agents shop and pay for users

Betting that people will soon grow more comfortable having artificial intelligence agents shop for groceries, plane tickets or diapers on their behalf, payments giant Visa said Wednesday that it has e...

V DBO IEO KSA OIH PXJ UCO

Jun 11, 2026, 4:13 AM EDT - 2 hours ago

Halma Shares Drop After Guidance Disappoints

The stock fell to the bottom of the FTSE 100 after the company issued guidance that pointed to a smaller boost from its photonics business.

V DBO IEO KSA OIH PXJ UCO

Jun 11, 2026, 4:05 AM EDT - 2 hours ago

A.C.L. Construction Renews "As & When Required" Supervision Services Agreement with B.C. Ministry of Transportation and Transit

Renewal Extends Recurring Seasonal Revenue Stream Supporting Peace Region Road Maintenance FORT ST. JOHN, British Columbia –June 11, 2026 - TheNewswire – A.C.L. Construction Ltd. (TSXV: ACL; OTCQB: AA...

V DBO IEO KSA OIH PXJ UCO

Jun 11, 2026, 4:00 AM EDT - 2 hours ago

Palantir CEO says AI companies 'don't understand how unlikeable they are'

Palantir CEO Alex Karp said that AI companies and their leaders don't know how unlikeable they are. "I told them this," he said.

PLTR DBO IEO KSA OIH PXJ UCO

Jun 11, 2026, 4:00 AM EDT - 2 hours ago

DAX, CAC 40, IBEX, and Stoxx 50 in focus ahead of the ECB interest rate decision

European stock index futures were relatively mixed today, June 11, as investors watched the developments in the Middle East and the impact on the energy market. They also wavered ahead of the European...

BBEU DBEF DBEU DFE EDEN EPOL EWG

Jun 11, 2026, 3:56 AM EDT - 2 hours ago

Micron stock plunges 12% in a week: why investors are booking profits

Micron stock (NASDAQ: MU) has dropped sharply after one of the most powerful rallies in the AI trade. The memory-chip maker has fallen about 12% over the past five trading sessions, with some market r...

MU DBEF DBEU DFE EDEN EPOL EWG

Jun 11, 2026, 3:54 AM EDT - 2 hours ago

BOJ's pivotal moment muddied by Ueda's absence

Heading into a defining week, Bank of Japan Governor Kazuo Ueda's absence leaves the central bank with a jarring optics problem just as it seeks to cement its credibility as an inflation fighter and ...

BBJP DBJP DFJ DXJ EWJ EZJ FLJP

Jun 11, 2026, 3:46 AM EDT - 2 hours ago

Musk to speak at chip tool giant ASML event ahead of SpaceX IPO

Elon Musk is expected to appear virtually at an event by computer chip equipment giant ASML on Thursday to discuss Terafab, his plan for a massive chipmaking plant to supply Tesla and IPO-bound Spac...

ASML SPCX DFJ DXJ EWJ EZJ FLJP

Jun 11, 2026, 3:42 AM EDT - 2 hours ago

Ford to recall more than 548,000 US vehicles over defective center console

Ford is recalling 548,463 vehicles in ‌the United States over an issue with the center console, the U.S. National Highway Traffic Safety Administration said on Thursday.

F SPCX DFJ DXJ EWJ EZJ FLJP

Jun 11, 2026, 3:41 AM EDT - 2 hours ago

Honda recalls over 1 million US vehicles due to defective tyre kit, NHTSA says

Honda Motor America is recalling 1,049,883 vehicles in ‌the United States due to a defect in the tyre repair kit, the National Highway Traffic Safety ⁠Administration (NHTSA) said on Wednesday.

HMC SPCX DFJ DXJ EWJ EZJ FLJP

Jun 11, 2026, 3:39 AM EDT - 2 hours ago

Private credit has ‘growing pains,' but a Man Group exec sees opportunities in higher rates

Man Group's Kevin Marchetti told CNBC the prospect of higher interest rates offered a potential tailwind for private credit returns, particularly in middle-market direct lending. Marchetti told CNBC a...

HMC SPCX DFJ DXJ EWJ EZJ FLJP

Jun 11, 2026, 3:38 AM EDT - 2 hours ago

Hugo Boss shares jump after Frasers' $2.3 billion takeover bid

Shares in Hugo Boss rose about 7% on Thursday after Britain's Frasers Group launched a $2.3 billion takeover offer for the German fashion brand.

HMC SPCX DFJ DXJ EWJ EZJ FLJP

Jun 11, 2026, 3:36 AM EDT - 2 hours ago

S&P Global Stock Has Been a Rollercoaster. Hold on Tight.

The stock has room to rebound even further, and is a buy at these levels.

SPGI SPCX DFJ DXJ EWJ EZJ FLJP

Jun 11, 2026, 3:26 AM EDT - 2 hours ago

Hugo Boss Shares Jump After Frasers Group Takeover Proposal

Frasers Group said it would launch a cash offer of around €1.98 billion to take full control of the premium-apparel company.

SPGI SPCX DFJ DXJ EWJ EZJ FLJP

Jun 11, 2026, 3:18 AM EDT - 2 hours ago

Anthropic: 'We made the wrong tradeoff' in new model guardrails

Anthropic reversed its policy on Claude Fable 5's secret safeguards after AI community backlash. Claude Fable 5 now visibly reroutes flagged AI requests to Opus 4.8.

SPGI SPCX DFJ DXJ EWJ EZJ FLJP

Jun 11, 2026, 3:09 AM EDT - 3 hours ago

Hugo Boss pops 7% after top shareholder Frasers launches $2 billion takeover offer

SPGI SPCX DFJ DXJ EWJ EZJ FLJP

Jun 11, 2026, 3:06 AM EDT - 3 hours ago

Nvidia, Amazon Back Neura Robotics' $1.4 Billion Fundraise

The German robotics company said the funding aims to scale production to several million robots by 2030.

AMZN NVDA DFJ DXJ EWJ EZJ FLJP

Jun 11, 2026, 3:05 AM EDT - 3 hours ago

Vault Strategic Joins Canadian Association Of Defence And Security Industries In Support Of Its Ongoing Advancement Of The Company's Critical And Strategic Mineral Portfolio

Vancouver, British Columbia – June 11 th , 2026 – TheNewswire - Vault Strategic Mining Corp. (TSXV: KNOX) (OTC: KNXFF) (FSE: M850) (WKN: A41WE4) ("Vault" or the "Company") is pleased to announce tha...

AMZN NVDA DFJ DXJ EWJ EZJ FLJP

Jun 11, 2026, 3:05 AM EDT - 3 hours ago

Spartan Metals Corp Retains Strategic Government Relations Firm to Advance Non-Dilutive Funding Opportunities

Vancouver, Canada, June 11, 2026 – TheNewswire – Spartan Metals Corp . (“ Spartan ” or the “ Company ”) (TSX-V: W OTCQB: SPRMF | FSE: J03) is pleased to announce that it has engaged Strategic Marketin...

AMZN NVDA DFJ DXJ EWJ EZJ FLJP

Jun 11, 2026, 2:52 AM EDT - 3 hours ago

'We now live in a world of rolling bubbles,' says Macquarie Group

The top 10 stocks in the U.S. are now around 45% of market capitalisation, says Macquarie group's Shvets. In a world where capital is abundant, and cannot be priced, he believes markets are now prone ...

AMZN NVDA DFJ DXJ EWJ EZJ FLJP

Jun 11, 2026, 2:50 AM EDT - 3 hours ago

Voyager CEO: SpaceX IPO increasing liquidity and scrutiny on space sector

Dylan Taylor, CEO of Voyager Technologies discusses the impact of the SpaceX IPO on the space sector, and his outlook for the industry as technology develops.

SPCX NVDA DFJ DXJ EWJ EZJ FLJP

Jun 11, 2026, 2:46 AM EDT - 3 hours ago

UK takeover panel extends deadline for EQT takeover of Intertek

British product testing firm Intertek said on Thursday the UK takeover panel has extended a deadline to June 18 for the £9.4-billion ($12.6 billion) bid ‌by Swedish private equity firm EQT AB.

SPCX NVDA DFJ DXJ EWJ EZJ FLJP

Jun 11, 2026, 2:43 AM EDT - 3 hours ago

Primark names Lucy Slinger as finance chief ahead of AB Foods split

Fashion retailer Primark named Lucy Slinger as its chief financial officer ‌on Thursday, strengthening its leadership team ahead of its split from Associated British Foods.

SPCX NVDA DFJ DXJ EWJ EZJ FLJP

Jun 11, 2026, 2:30 AM EDT - 3 hours ago

3 Indian stocks quietly winning from the global AI boom despite market outflows

The dominant narrative surrounding Indian equities this year has been one of missed opportunity. India has been largely bypassed by the AI investment boom, with foreign investors pulling nearly $26.4 ...

INDA NVDA DFJ DXJ EWJ EZJ FLJP

Jun 11, 2026, 2:30 AM EDT - 3 hours ago

Flutter Expects Up to 100,000 World Cup Bets a Minute

The 2022 World Cup final was watched by nearly 1.5 billion fans, about a fifth of the world's population

FLUT NVDA DFJ DXJ EWJ EZJ FLJP

Jun 11, 2026, 2:09 AM EDT - 4 hours ago

Mercedes-Benz joins Europe's defense push with anti-drone vehicle deal

Mercedes has partnered with German drone interceptor firm Tytan Technologies. It becomes the latest carmaker to turn to the defense industry to revive its ailing fortunes.

FLUT NVDA DFJ DXJ EWJ EZJ FLJP

Jun 11, 2026, 2:04 AM EDT - 4 hours ago

Project Nashville: GSK boosts oncology rebuild with $11 billion Nuvalent deal

GSK's record $10.6 billion deal for U.S. company Nuvalent will accelerate the British drugmaker's rebuild of its cancer drug business as it seeks to fend off competition from bigger rivals AstraZenec...

GSK NUVL DFJ DXJ EWJ EZJ FLJP

Jun 11, 2026, 2:03 AM EDT - 4 hours ago

Intesa shareholder Compagnia di San Paolo backs bank's bid for MPS, daily reports

Intesa Sanpaolo shareholder Compagnia di San Paolo backs the bank's bid for Banca ‌Monte dei Paschi di Siena (MPS) , the chairman of the banking foundation, Marco Gilli, told daily La Stampa on Thu...

GSK NUVL DFJ DXJ EWJ EZJ FLJP

Jun 11, 2026, 1:53 AM EDT - 4 hours ago

South Korea Fines Coupang $410 Million Over Data Breach

The fine for the personal-data breach at the e-commerce company is the largest ever imposed on a single company in South Korea.

CPNG NUVL DFJ DXJ EWJ EZJ FLJP

Jun 11, 2026, 1:40 AM EDT - 4 hours ago

Our Salesforce Stock Pick Has Flopped. We're Moving On.

The stock's performance has left a lot to be desired. Blame AI.

CRM NUVL DFJ DXJ EWJ EZJ FLJP

Jun 11, 2026, 1:39 AM EDT - 4 hours ago

KKR says AI productivity boom to keep on going — but warns of 'extreme' trend not seen since the 19th century

U.S. investment firm KKR published its mid-year outlook. The company said it expects Asia assets will outperform.

KKR NUVL DFJ DXJ EWJ EZJ FLJP

Jun 11, 2026, 1:31 AM EDT - 4 hours ago

India's TCS partners with Anthropic to drive enterprise AI scaling

India's Tata Consultancy Services has partnered with Anthropic to launch an alliance to drive enterprise AI scaling, the country's ‌largest software services exporter said on Thursday.

KKR NUVL DFJ DXJ EWJ EZJ FLJP

Jun 11, 2026, 1:12 AM EDT - 5 hours ago

Here's why the Baidu stock may crash further as a risky pattern emerges

Baidu stock price has slumped hard in the past few months as its advertising business has come under intense pressure. It retreated to H$112.3 in Hong Kong, reaching its lowest point since April 14.

BIDU NUVL DFJ DXJ EWJ EZJ FLJP

Jun 11, 2026, 1:06 AM EDT - 5 hours ago

Intesa's MPS bid bears Messina's trademarks: quiet preparation, trusted allies

Intesa Sanpaolo's swoop on Monte dei Paschi di Siena (MPS) bears the hallmarks of Chief Executive Carlo Messina's approach: meticulously prepared with loyal allies, and with buy-in from the governmen...

BIDU NUVL DFJ DXJ EWJ EZJ FLJP

Jun 11, 2026, 1:04 AM EDT - 5 hours ago

Once an Arab oil embargo victim, US becomes world's top oil exporter

The United States has become the world's largest oil exporter, upending a decades-old order long dominated by Saudi Arabia and Russia, a shift that tightens American companies' grip on energy markets ...

BNO DBO GUSH IEO OIH PXJ UCO

Jun 11, 2026, 12:29 AM EDT - 5 hours ago

KOSPI tumbles as Asian markets face fresh Iran shock and oil spike

Asian stocks fell on Thursday, reversing an early attempt at gains, as hotter US inflation data and a fresh escalation in the Iran conflict pushed investors back into defensive positions and drove oil...

EWY DBO GUSH IEO OIH PXJ UCO

Jun 11, 2026, 12:28 AM EDT - 5 hours ago

Oil Price Forecast: Brent and WTI Eye Breakout as Strait of Hormuz Risk Grows

Oil prices remain supported as Strait of Hormuz risks and the U.S.-Iran conflict keep supply fears high, while Brent and WTI approach key breakout levels.

BNO DBO GUSH IEO OIH PXJ UCO

Jun 11, 2026, 12:18 AM EDT - 5 hours ago

Satya Nadella is trying to rein in the tokenmaxxers at Microsoft

Microsoft CEO Satya Nadella said "a lot" of tokenmaxxing is happening at Microsoft. He said workers should use the right AI model for the job.

MSFT DBO GUSH IEO OIH PXJ UCO

Jun 11, 2026, 12:13 AM EDT - 6 hours ago

Why OpenAI's Altman is headed to Samsung, and what's at stake

OpenAI CEO Sam Altman is set to visit Samsung Electronics' Suwon campus on Monday, in a trip that signals a deeper push by the ChatGPT maker into Asia's corporate and hardware ecosystem. The visit is ...

MSFT DBO GUSH IEO OIH PXJ UCO

Jun 11, 2026, 12:02 AM EDT - 6 hours ago

Opendoor's India exit is fueling a bigger conversation about AI and outsourcing

Opendoor, the San Francisco-based online home-buying platform, is shutting down its India operations less than two years after expanding its presence in the country. The decision has become a flashpoi...

OPEN DBO GUSH IEO OIH PXJ UCO

Jun 10, 2026, 11:53 PM EDT - 6 hours ago

Anthropic's Dario Amodei has just one direct report

If founders and other business leaders weren't already envious of Dario Amodei, who sits atop one of the world's fastest-growing AI companies — currently valued by private market investors at roughly ...

OPEN DBO GUSH IEO OIH PXJ UCO

Jun 10, 2026, 11:53 PM EDT - 6 hours ago

Microsoft C.E.O. Satya Nadella Says ‘Everyone Is a Stakeholder' in A.I.

At The New York Times's Hard Fork Live event, Mr. Nadella addressed the backlash against artificial intelligence and President Trump's comments about Americans sharing in the wealth of A.I.

MSFT DBO GUSH IEO OIH PXJ UCO

Jun 10, 2026, 11:52 PM EDT - 6 hours ago

China's Changchun unveils auto revamp plan, seeks BYD and Xiaomi to boost EV push

China's northeastern city of Changchun, home to the country's oldest automaker FAW Group, has released a draft ‌plan through 2030 to revamp its decades-old auto sector, aiming to attract electric-veh...

MSFT DBO GUSH IEO OIH PXJ UCO

Jun 10, 2026, 11:27 PM EDT - 6 hours ago

SLB strikes deal with Venezuela's PDVSA to modernise oil sector with AI push

U.S. oilfield services firm SLB has signed a long-term agreement with Venezuela's state oil company PDVSA to help ‌modernize and revive the OPEC nation's oil and gas sector, the company said in a st...

SLB DBO GUSH IEO OIH PXJ UCO

Jun 10, 2026, 11:24 PM EDT - 6 hours ago

OpenAI mulls slashing prices as it competes with Anthropic for users: WSJ

OpenAI is reportedly considering cutting prices for paid access to its AI models, the WSJ reported on Wednesday, citing sources familiar with the matter. The ChatGPT developer is anticipating similar ...

SLB DBO GUSH IEO OIH PXJ UCO

Jun 10, 2026, 11:22 PM EDT - 6 hours ago

South Korea fines Coupang $409 mln in country's largest data breach penalty

South Korea will fine e-commerce giant Coupang 625 billion won ($409.30 million) over a massive leak of ‌customer information last year and illegal collection of personal information, in the country'...

CPNG DBO GUSH IEO OIH PXJ UCO

Jun 10, 2026, 11:11 PM EDT - 7 hours ago

Oracle stock may be one AI slowdown away from disaster

Oracle just delivered another quarter of strong cloud growth and promptly reminded investors why its stock is increasingly hard to live with. Behind the company's record revenue sits a financing machi...

ORCL DBO GUSH IEO OIH PXJ UCO

Jun 10, 2026, 11:04 PM EDT - 7 hours ago

Singapore bank DBS to offer tokenised physical gold to retail customers

DBS Group , Singapore's biggest bank by assets, said on Thursday it will offer tokenised physical gold to retail customers as demand for the precious metal grows and the city-state pushes ‌to become ...

ORCL DBO GUSH IEO OIH PXJ UCO

Jun 10, 2026, 11:00 PM EDT - 7 hours ago

SpaceX is overvalued, finance professor cautions

NYU finance professor Aswath Damodaran explains his evaluation of SpaceX's upcoming debut in the market on 'The Claman Countdown.' #fox #media #breakingnews #us #usa #new #news #breaking #foxbusiness ...

SPCX DBO GUSH IEO OIH PXJ UCO

Jun 10, 2026, 11:00 PM EDT - 7 hours ago

China Is Propping Up the World Economy by Importing a Lot Less Oil

Clues are emerging in the mystery of the missing three million barrels—the oil that China would normally be importing but isn't now.

BNO DBO GUSH IEO OIH PXJ UCO

Jun 10, 2026, 9:51 PM EDT - 8 hours ago

‘This cannot continue': Microsoft Xbox CEO calls for reset amid reports of looming job cuts

Xbox CEO Asha Sharma told employees that Microsoft's gaming business will end the fiscal year at about a 3% profit margin, saying years of heavy spending without revenue growth "cannot continue" — as ...

MSFT DBO GUSH IEO OIH PXJ UCO

Jun 10, 2026, 9:45 PM EDT - 8 hours ago

OpenAI considers drastic price cuts, anticipating war for users with Anthropic, WSJ reports

OpenAI is considering drastically reducing the prices it ‌charges users as it seeks to win customers from its competitor Anthropic, ⁠the Wall Street Journal reported on Wednesday, citing people f...

MSFT DBO GUSH IEO OIH PXJ UCO

Jun 10, 2026, 9:36 PM EDT - 8 hours ago

OpenAI Considers Drastic Price Cuts, Anticipating War for Users With Anthropic

The company might lower prices for tokens, the central unit for gauging AI costs, though the discussions are still in flux.

MSFT DBO GUSH IEO OIH PXJ UCO

Jun 10, 2026, 9:34 PM EDT - 8 hours ago

Anthropic's New Fable AI Model Is Met With User Backlash Over Restrictions

Guardrails make the powerful model less useful for AI researchers, though the company said it would grant safeguard-free access to the science community.

MSFT DBO GUSH IEO OIH PXJ UCO

Jun 10, 2026, 9:03 PM EDT - 9 hours ago

How Cracker Barrel's CEO Saved Her Job by Abandoning Her Own Strategy

Shares in the restaurant chain shot up on Tuesday after Julie Felss Masino unveiled a more profitable outlook and said diners were returning.

CBRL DBO GUSH IEO OIH PXJ UCO

Jun 10, 2026, 9:01 PM EDT - 9 hours ago

What the SpaceX IPO Means for This Texas Border Town

Watch Micah Maidenberg report from Brownsville, Texas, the largest city in a region already straining to accommodate Elon Musk's grand ambitions.

SPCX DBO GUSH IEO OIH PXJ UCO

Jun 10, 2026, 8:53 PM EDT - 9 hours ago

Anthropic Recruits Fifth Third for Project Glasswing AI Cybersecurity Initiative

Fifth Third Bancorp was invited to join Anthropic's Project Glasswing cybersecurity initiative, Seeking Alpha reported Wednesday (June 10). The bank's chief financial officer, Bryan Preston, said at t...

FITB DBO GUSH IEO OIH PXJ UCO

Jun 10, 2026, 8:53 PM EDT - 9 hours ago

Fifth Third Joins Anthropic's Project Glasswing

FITB DBO GUSH IEO OIH PXJ UCO

Jun 10, 2026, 8:42 PM EDT - 9 hours ago

Gold Declines Amid Inflation Fears, Interest Rate Expectations

Gold fell in early Asian trade. A significant portion of the market now considers the next Fed rate increase to be possible before the year ends, which is likely weighing on gold.

AAAU BAR DBP GLD GLDM IAU OUNZ

Jun 10, 2026, 8:41 PM EDT - 9 hours ago

Target investors reject proposal for independent board chair, sources say

Target shareholders on Wednesday rejected an investor proposal to separate the roles of board chair and executive leadership, according to two sources ‌with direct knowledge of the vote.

TGT BAR DBP GLD GLDM IAU OUNZ

Jun 10, 2026, 8:33 PM EDT - 9 hours ago

Oil rises $2 as Iran announces closure of Strait of Hormuz following US strikes

Oil prices ‌climbed more than $2 a barrel Thursday as Iran declared the critical energy chokepoint, the Strait of Hormuz, closed after the U.S. launched additional strikes against Iran.

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Jun 10, 2026, 8:28 PM EDT - 9 hours ago

Oil jumps as U.S. fresh strikes on Iran raise worries of extended disruption to energy flows

Oil prices jumped on Thursday after the United States launched a fresh round of military strikes against targets in Iran.

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Jun 10, 2026, 8:20 PM EDT - 9 hours ago

UAW President: Deal reached with axle supplier Dauch Corp after 10-day strike

The United Auto Workers ‌has reached a deal with axle supplier Dauch ⁠Corp after a 10-day strike against the company at its Three Rivers, Michigan, plant, ‌union ⁠President Shawn Fain said on ...

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Jun 10, 2026, 8:16 PM EDT - 10 hours ago

UAW Reaches Tentative Deal to End Strike at Supplier to GM Trucks

Unionized workers at a Michigan plant producing a key component for General Motors GM -5.21%decrease; down pointing triangle trucks have reached a tentative agreement for a new labor contract followin...

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Jun 10, 2026, 7:59 PM EDT - 10 hours ago

Stitch Fix Reverses Client Decline by Revamping Personal Shopping Features

Stitch Fix's efforts to improve its client experience and assortment resulted in year-over-year revenue growth and quarter-over-quarter active client growth during the quarter ended May 2, CEO Matt Ba...

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Jun 10, 2026, 7:56 PM EDT - 10 hours ago

Company moves from Singapore to cheaper, more spacious Malaysia show rising global mobility trend

There's been a "clear acceleration" of companies shifting operations to Malaysia from Singapore, according to Alwyn Lim at Singapore Management University. Lower costs, tax incentives and access to a ...

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Jun 10, 2026, 7:55 PM EDT - 10 hours ago

Oil Rises Amid Escalating Supply-Disruption Fears

Oil rose in early Asian trade amid escalating supply-disruption fears caused by rising U.S.-Iran tensions.

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Jun 10, 2026, 7:43 PM EDT - 10 hours ago

How SpaceX's inclusion in the S&P and Nasdaq 100 could impact investors

The highly anticipated SpaceX IPO is slated to happen this week, and it could turn the ETF marketplace on its head. TD Securities head of index and market structure research Peter Haynes sits down wit...

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Jun 10, 2026, 7:37 PM EDT - 10 hours ago

New Starlink Users Will Pay $10 Monthly for Hardware Rental

For now, new users still have the option to just buy the hardware upfront.

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Jun 10, 2026, 7:30 PM EDT - 10 hours ago

Emergent Metals Moving Forward With The Sale Of Its Golden Arrow Property To Fairchild Gold

Vancouver, British Columbia, June 10, 2026 – TheNewswire – Emergent Metals Corp. (TSXV: EMR, OTC: EGMCF, FRA: EML, MUN: ELM) (“ Emergent ” or the “ Company ”) announces that, further to the Company's...

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Jun 10, 2026, 7:17 PM EDT - 11 hours ago

ETF Edge on how SpaceX and other upcoming mega IPOs could rock the ETF industry

TD Securities head of index and market structure research Peter Haynes and Strategas Securities chief ETF strategist Todd Sohn join CNBC's Dominic Chu on “ETF Edge” to discuss what SpaceX's IPO and ot...

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Jun 10, 2026, 7:01 PM EDT - 11 hours ago

ECB Rate Hike Looks Likely as Inflation Rises. The Fed Could Follow.

The European Central Bank is expected to raise interest rates for the first time since 2023 as inflation accelerates, a move that could offer clues about the Federal Reserve's next steps.

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Jun 10, 2026, 7:00 PM EDT - 11 hours ago

Will the SpaceX IPO start the ‘Superbowl' of levered ETFs?

When the closely-watched SpaceX IPO finally happens, along with all the other mega IPOs in the pipeline, could that send shockwaves through market indexes, more specifically index-related exchange tra...

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