Bitcoin falls back under $60,000, hitting its lowest level since October 2024
Bitcoin dropped on Wednesday to its lowest level since October 2024 amid a pullback in tech stocks, as the crypto bear market drags on.
Finance & markets
Federal Reserve says U.S. banks can withstand $708 billion in losses amid overhaul of capital rules
The biggest U.S. banks would be able to absorb more than $708 billion in losses in a severe global recession while continuing to lend to households and businesses, according to the Federal Reserve's annual stress test r…
Micron stock soars after blowout earnings expose AI's memory bottleneck
The AI memory scare ran straight into Micron's (MU) profit machine on Wednesday, sending its stock surging as much as 19% Thursday to a fresh intraday record high — its 40th of 2026.
U.S. crude oil briefly dips below $70 as tankers transit Strait of Hormuz
Oil prices fell about 4% Wednesday as tankers continued to transit the Strait of Hormuz, raising hopes that the worst of the Middle East supply disruption is over.
Cotton Falling Lower on Wednesday
Cotton futures are trading with contracts down 46 to 55 points at the midday portion of the Wednesday session. Crude oil is rallying $1.44/barrel, with the US dollar index down $0.081 to $98.630.
Identity theft victims face 'unconscionable' IRS delays, report says
Victims of identity theft face "unconscionable" delays at the Internal Revenue Service, a dynamic causing headaches and financial hardship for many Americans that comes amid steep staffing cuts at the federal agency, ac…
Qualcomm stock pops 15% after chipmaker almost doubles projection for 2029 non-handset revenue
Qualcomm shares jumped 15% in extended trading on Wednesday after the chipmaker said non-handset revenue in fiscal 2029 will be $40 billion, up from a prior forecast of $22 billion.
Bessent sees GDP growth booming again this year. Kalshi traders see little chance of that
While Treasury Secretary Scott Bessent believes the U.S. economy can achieve 3% growth this year, traders on Kalshi paint a different picture.
Anthropic accuses Alibaba of campaign to 'brazenly' and 'illicitly' extract AI capabilities
Anthropic sent a letter to the U.S. Senate Committee on Banking, Housing, and Urban Affairs accusing the Chinese tech company Alibaba of "brazenly" and "illicitly" attempting to extract its artificial intelligence capab…
AngloGold Ashanti (AU) Declines More Than Market: Some Information for Investors
AngloGold Ashanti (AU) ended the recent trading session at $47.46, demonstrating a -1.06% change from the preceding day's closing price. This move lagged the S&P 500's daily loss of 0.4%. Elsewhere, the Dow lost 0.98%, …
White House requests $87.6 billion supplemental spending for Iran war, farm aid
The White House on Wednesday asked Congress for $87.6 billion in supplemental spending to pay for the Iran war and a host of other things including aid to U.S. farmers, and Ebola response.
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 on Wednesday for a meeting with President Donald Trump, as the administration presses major defense contractors to ramp up weapons production …
Cerebras CEO says margin forecast was 'misunderstood' as stock plummets after earnings
Cerebras Systems CEO Andrew Feldman said Wednesday that investors "misunderstood" the artificial intelligence chipmaker's margin guidance, as shares slid almost 20% after the company reported results for the first time …
Federal student loans have a new interest rate discount — here's who qualifies
The Trump administration is offering federal student loan borrowers a deeper-than-usual discount on their interest rates if they sign up for automatic payments soon — but not everyone will qualify.
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.
Amazon's Zoox unveils redesigned robotaxi ahead of upcoming expansion
Amazon's Zoox unveiled the "next evolution" of its toaster-shaped self-driving vehicle on Wednesday, adding more rider-friendly features ahead of a wider U.S. rollout this year.
Micron earnings are set to send the market on a wild ride — and a new ETF may add to the volatility
A new ETF seeking to leverage Micron's volatility has emerged – right in the nick of time
Hewlett Packard Enterprise (HPE) Announces Expansion of Self-Driving Networks
Hewlett Packard Enterprise Company (NYSE:HPE) is one of the best big tech stocks to buy according to Wall Street analysts. Hewlett Packard Enterprise Company (NYSE:HPE) announced on June 16 major advancements expanding …
MXNB Lands on Ripple XRPL Permissioned DEX to Power USD/MXN Settlement Rail
Ripple and Bitso announced on June 13, 2026, the expansion of their partnership to bring MXNB, a regulated, peso-backed stablecoin issued by Juno, a Bitso subsidiary, natively to the XRP Ledger, integrating it alongside…
Truist Cuts PT on Edison International (EIX) – Here’s Why
Edison International (NYSE:EIX) is one of the top cheap growth stocks to get rich. Truist cut the price target on Edison International (NYSE:EIX) to $79 from $82 on May 18 and maintained a Hold rating on the shares. The…
Traders are getting worried the chip stock bull market is cracking. How to protect yourself
Options traders were buying a lot of protection on the iShares Semiconductor ETF (SOXX) on Tuesday. Puts traded 1.5x the 20-day average volume, 74,468 contracts. Options markets are echoing what you are already seeing i…
GE Vernova (GEV) Introduces GridOS for Transmission
GE Vernova Inc. (NYSE:GEV) is one of the top high-conviction stocks to buy according to hedge funds. GE Vernova Inc. (NYSE:GEV) introduced on June 9 the GridOS for Transmission and released two new AI whitepapers addres…
Qualcomm to buy startup Modular for $4 billion in AI software push
June 24 (Reuters) - Qualcomm said on Wednesday it would buy AI startup Modular in an all-stock deal valued at nearly $4 billion, gaining access to software that runs AI models across chips without having to write code …
Is GoDaddy Stock Underperforming the Dow?
With a market cap of $10.1 billion, GoDaddy Inc. (GDDY) is a trusted growth partner to more than 20 million entrepreneurs worldwide, helping them build, manage, and grow their businesses online. Beyond domain names, GoD…