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BlackRock IBIT investors are now nursing a 40% loss
TheStreet51d agoneutral
BlackRock IBIT investors are now nursing a 40% loss

2024 was a massive turning point for crypto. After years of regulatory back and forth, a few of the biggest asset managers in the world were allowed to offer spot Bitcoin (BTC) exchange-traded funds (ETFs). Among them was BlackRock (NYSE: BLK), the world's largest asset management ...

Ryan Cohen passes on GameStop payday to keep pushing one acquisition
TheStreet51d agoneutral
Ryan Cohen passes on GameStop payday to keep pushing one acquisition

GameStop (GME) tried to buy eBay once already, and the answer was no. That rejection would have ended most takeover attempts. Cohen is not backing down. Instead, GameStop spent the following weeks building a bigger position and a stronger balance sheet, the opposite of what a retreat looks like. In ...

Michael Burry pulls back on massive Palantir short bet
TheStreet51d agoneutral
Michael Burry pulls back on massive Palantir short bet

Michael Burry is not a name the market ignores. The investor behind the "Big Short" trade that predicted the 2008 financial crisis has made his bearish stance on Palantir Technologies one of the more talked-about positions on Wall Street. Now, something has shifted. According to GuruFocus: Burry's ...

Amazon quietly raises price tag on the AI boom
TheStreet51d agoneutral
Amazon quietly raises price tag on the AI boom

Amazon (AMZN) is telling investors that the artificial intelligence boom comes with a very real price tag. And Wall Street needs to take note. Amazon Web Services quietly posted an update to the pricing for Amazon EC2 Capacity Blocks for ML, a reservation product that allows customers to lock in ...

Microsoft (MSFT)-Backed OpenAI May Wait Until 2027 for IPO
Insider Monkey52d agoneutral
Microsoft (MSFT)-Backed OpenAI May Wait Until 2027 for IPO

Microsoft Corporation (NASDAQ:MSFT) is one of the 15 Best AI Stocks That Will Make You Rich in 10 Years. On June 26, 2026, Microsoft Corporation (NASDAQ:MSFT)-backed OpenAI is leaning toward waiting until next year for its public listing, the New York Times’ Rob Copeland and Mike Isaac reported, citing three people involved in the company’s […]

Bloomberg52d agoneutral
Tech Equity Sales Renew AI Debt-Binge Worries

(Bloomberg) -- Tech companies are selling stock like it’s the dot-com boom, and some investors fear that’s a bad sign for bondholders.Most Read from BloombergLutnick Delayed Canada Bridge Debut to Seek Bigger Cut of Toll RevenueOman Tells Allies Ships Going Through Hormuz May Have to PayIndonesia Opens Door to Dirty Money to Fund Prabowo’s PlansAn Analyst’s Missed Remark Surfaced in Deadly Iran School Strike ProbeApple Shares Sink After Price Hikes Hit iPads and MacsThis month alone, there’s bee

Dow Jones goes in hard on Verizon
TheStreet52d agoneutral
Dow Jones goes in hard on Verizon

Verizon joined the Dow Jones Industrial Average in 2004, when AT&T was removed and the index needed a new telecommunications name. It held that seat for 22 years. S&P Dow Jones Indices revealed on June 23 that the seat now belongs to someone else. Alphabet (GOOGL) will replace Verizon ...

One of McDonald’s biggest fan-favorites is back for July 4
TheStreet52d agoneutral
One of McDonald’s biggest fan-favorites is back for July 4

McDonald's has retired several fan-favorite menu items over the years, but some continue generating demand long after disappearing from menus. As consumer tastes shift and restaurant chains refresh offerings to make room for new launches, discontinued items often fade into history. Others develop a ...

AT&T is raising 2 fees customers pay monthly
TheStreet52d agoneutral
AT&T is raising 2 fees customers pay monthly

AT&T is once again raising its fees, despite facing elevated customer losses in its wireless business. The carrier’s postpaid phone churn, the percentage of customers who discontinued their wireless service, climbed to 0.89% in the first quarter of 2026, up from the 0.83% churn it ...

Does AMD pay dividends? How the chipmaker spends its money
TheStreet52d agoneutral
Does AMD pay dividends? How the chipmaker spends its money

Advanced Micro Devices’ stock has risen more than 100-fold in the decade through 2026, benefiting from demand for its processors — central processing units (CPUs) and graphics processing units (GPUs) — and the associated software used in artificial intelligence programs and applications. Revenue ...

The $2 Trillion Question Nobody’s Asking About the SpaceX IPO
InvestorPlace52d agoneutral
The $2 Trillion Question Nobody’s Asking About the SpaceX IPO

The long IPO winter is finally thawing. And right now, there’s one question on every investor’s tongue as a new wave of trillion-dollar tech IPOs hits the public markets. Is this the next blockbuster IPO – or a pure meme stock? Two weeks ago, Elon Musk had investors frantically debating the answer to that question when his aerospace juggernaut, SpaceX, finally IPO’d 24 years after its founding.InvestorPlace - Stock Market News, Stock Advice & Trading Tips You probably know the headlines already

Bank of America resets Micron stock price target after earnings
TheStreet52d agoneutral
Bank of America resets Micron stock price target after earnings

Micron (MU) stock closed the June 25 trading session up 15.81% at $1,213.56. The stock soared following the release of the third-quarter (Q3) fiscal year 2026 (FY26) earnings report on June 24. The stock is up 313.14% year-to-date, at the time of writing, Friday afternoon, June 26. Meanwhile, the ...

Why Investors Still Look at the Dow Jones First
TheStreet52d agoneutral
Why Investors Still Look at the Dow Jones First

With the recent 130th anniversary of the Dow, let’s take a closer look at why this old and narrow index still commands so much attention. Until the S&P 500 began circulating in the 1950s – and then NASDAQ in the 1970s – the Dow was the most widely quoted measure of the market’s health each day, ...

Bloomberg52d agoneutral
AI’s Energy Crunch Has Investors Searching for Next IPO Winners

(Bloomberg) -- The artificial intelligence boom has a power problem, and Wall Street is betting billions on companies that promise to solve it — even if some of the technology hasn’t been fully developed yet. Most Read from BloombergLutnick Delayed Canada Bridge Debut to Seek Bigger Cut of Toll RevenueIndonesia Opens Door to Dirty Money to Fund Prabowo’s PlansOman Tells Allies Ships Going Through Hormuz May Have to PayApple Shares Sink After Price Hikes Hit iPads and MacsAn Analyst’s Missed Rema

Bloomberg52d agoneutral
Trump Kicks Off Sales Pitch for Iran Deal Few Americans Like

(Bloomberg) -- As US officials hammered out an agreement weeks ago to end the war in Iran, President Donald Trump faced a dilemma: How to sell a provision that unlocked billions of dollars in frozen funds for Tehran to the American public.Most Read from BloombergLutnick Delayed Canada Bridge Debut to Seek Bigger Cut of Toll RevenueIndonesia Opens Door to Dirty Money to Fund Prabowo’s PlansOman Tells Allies Ships Going Through Hormuz May Have to PayApple Shares Sink After Price Hikes Hit iPads an