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Chinese tech and e-commerce giant Alibaba sued ‌the U.S. Department of ‌Defense for designations including saying it was ​a "Chinese military company," according to a court filing on Tuesday. "The determinations have no basis in ‌fact or law," ⁠Alibaba said in its lawsuit. "Alibaba is governed by ⁠an independent board, none of whom has any military affiliation."

I have covered Micron several times in the past. And each time, the headline has been some variation of the same theme. The numbers keep getting bigger and bigger, the analyst targets keep moving higher, and of course, the artificial intelligence (AI) memory supercycle keeps defying the skeptics ...

Investing.com -- SpaceX attracted approximately $89 billion in demand for its first U.S. bond sale, according to a Bloomberg report on Tuesday. The offering is set to become one of the largest deals in the U.S. investment-grade market this year.

Despite increased uncertainty, Coca-Cola and Walmart keep offering reliability.

When Dave Ricks became chief executive officer of Eli Lilly & Co. in 2017, he was facing an industry under siege. Americans held drug companies in lower esteem than airlines, law firms and even the federal government. President Donald Trump, then starting his first term, was excoriating them for their high prices. A mounting number of reports showed that soaring costs were even forcing some diabetics to ration insulin. Ricks, the 11th CEO in Lilly's 150-year history, concedes that one was a public-relations nightmare. Almost a decade later, the mood at Lilly has shifted dramatically. The company's hit diabetes shot, Mounjaro, and obesity shot, Zepbound, have transformed its fortunes and, in many ways, its public image. We speak with Madison Muller, Bloomberg News Healthcare Reporter, for a closer look.

Anthropic on Tuesday launched an artificial intelligence agent inside Salesforce's Slack app that can work alongside employees ‌in group chats, deepening its push into the enterprise market that ‌has emerged as a key battleground for AI startups. Called Claude Tag, the tool lets users summon ​the company's AI agent into a Slack thread by typing "@Claude," where it can read conversations, break down tasks and proactively flag relevant updates across an organization without being asked. The agent, which will retain context over time, is available in beta ‌for Claude Enterprise and Claude ⁠Team customers, with plans to expand to other platforms, Anthropic said.

Supply chain software maker SPS Commerce is exploring a sale amid ‌pressure from activist investors, according to three people familiar ‌with the matter. The company is working with investment bank Morgan Stanley on ​the potential sale, which is expected to draw interest from private equity firms, the sources said, requesting anonymity to discuss confidential matters. SPS Commerce and Morgan Stanley did not immediately respond to requests for ‌comment.

Saturna Capital Chief Investment Officer Scott Klimo joined Steve Darling from Proactive to discuss the Saturna Global Equity ETF, the principles of Shariah-compliant investing, and how the rapid growth of artificial intelligence is reshaping valuations and opportunities across global markets. Klimo explained that the actively managed ETF applies Islamic investment guidelines that exclude sectors such as conventional banking, insurance, gambling, tobacco, alcohol, and weapons. In addition to those sector screens, the strategy also emphasizes companies with low debt levels, a factor Klimo said can signal strong cash generation, disciplined capital allocation, and durable business models. The conversation also focused on the impact of AI on technology investing. Klimo noted that major technology companies such as Alphabet, Amazon, and Microsoft are evolving from traditionally asset-light businesses into far more capital-intensive operators as they commit massive sums to AI infrastructure, data centers, and compute capacity. Beyond the large-cap AI leaders, Klimo highlighted a broader group of companies benefiting from the AI buildout, including ASML, Taiwan Semiconductor, Samsung Electronics, and Japan’s Fujikura, all of which play important roles in chip manufacturing, semiconductor equipment, and data-center connectivity. The discussion also touched on the pharmaceutical sector, where Klimo sees long-term value despite recent market weakness. He said healthcare companies can provide portfolio balance and defensive characteristics, even as investors continue to weigh regulatory uncertainty and shifting sentiment toward the sector. Looking at the broader market backdrop, Klimo pointed to continued geopolitical uncertainty, inflation trends, and energy prices as important factors to monitor. At the same time, he said he remains generally constructive on the market outlook, supported by resilient corporate earnings and the long-term productivity gains expected from AI adoption. #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews #SaturnaCapital #ShariahInvesting #ArtificialIntelligence #ETFInvesting #GlobalEquities #TechInvesting #AIInfrastructure #Semiconductors #HealthcareStocks #MarketOutlook

Meta CEO Mark Zuckerberg recently dispatched a small team at his company to create a smartphone app similar ‌to Polymarket and Kalshi, the New York Times reported on Tuesday, ‌citing two employees with knowledge of the matter. Prediction markets surged ⁠in popularity during the 2024 U.S. presidential election and have evolved into an asset class that lets investors wager on ⁠a variety of events, from monetary policy to sports tournaments. Trading platforms such as Robinhood and Interactive Brokers have rolled out event contracts.

Moby summary of Carnival Corporation & plc's Q2 2026 earnings call

Because Workday is headquartered in California, a “sufficient nexus” exists to apply the state law even to nonresidents, a federal judge determined.

FedEx prepares to release earnings for its fiscal fourth quarter after Tuesday's market close, its first report after executing a momentous structural transformation. FedEx stock dropped near a buy point, and rival UPS also lost grund. The restructuring included spinning off FedEx Freight, its less-than-truckload business, earlier this month.

Investing.com -- Bank of America has raised its price target on Qualcomm (QCOM) from $165 to $195, though the firm is maintaining its "Underperform" rating ahead of the company’s Investor Day on Wednesday, June 24. The revised target is the result of BofA rolling its valuation forward to calendar year (CY) 2028 estimates, applying a 15x price-to-earnings (P/E) multiple. The bank’s underlying financial estimates remain unchanged, which includes projecting roughly $2.5 billion in CY 2028 AI revenu

Micron's latest partnership should ensure that the demand for its memory chips remains strong in the long run.

Chevron (CVX) and Microsoft (MSFT) announced a 20-year power purchase agreement on June 22 to build a natural gas-fired power plant in West Texas dedicated to supplying electricity to a Microsoft data center campus. The project, named Project Kilby, sits on more than 2,000 acres in Reeves County ...

Microsoft may be trying to carve out its own path in AI. Microsoft started the month with the launch of its own AI models designed to power target corporate use cases at a much lower cost than the frontier models proffered by OpenAI, Anthropic and Google. Microsoft chief executive Satya Nadella has also become critical of the doomer messaging used by some of the company’s key rivals in the AI race.

There's no ambiguity that the Fed has put inflation control as its top priority.

Investors are digesting a hawkish Fed, with risk-off sentiment driving a sell-off in AI and crypto

A disappointing quarter for Carnival had ripple effects for other cruise lines. Carnival shares fell around 6% after the company’s revenue came in below Wall Street’s expectations. The company also lowered its guidance for full-year Ebitda.

By Jan Wolfe WASHINGTON, June 23 (Reuters) - The U.S.

WASHINGTON, June 23 (Reuters) - The U. Supreme Court further limited the reach of a federal law used to hold corporations liable for human rights abuses committed abroad, as it issued a ruling on Tuesday ending a lawsuit by members of the Falun Gong movement accusing Cisco ‌Systems of facilitating religious persecution in China.

Energy Fuels agreed to acquire a German magnetics company for $1.9 billion. The mining company said Tuesday it would buy Vacuumschmelze, Ara VAC TopCo and their respective consolidated subsidiaries from Ara Partners. Vac’s product portfolio includes both permanent magnets and soft magnetics, Energy Fuels said.

2025 was a rough year for electric vehicle sales in the U.S. Despite a record-setting pace through the first three quarters of the year, thanks to the expiration of the $7,500 tax credit, EV sales dropped so far off a cliff in the fourth quarter that many of the top internal combustion engine ...

MILAN, June 23 (Reuters) - Ferrari said on Tuesday it had appointed BMW Italy head Massimiliano Di Silvestre as its chief marketing and commercial officer, replacing long-serving executive Enrico

Investing.com -- Hedge funds increased their bearish positions on crude oil last week, with short positions in West Texas Intermediate reaching their highest point in nearly five months as market participants anticipated higher global oil supplies from easing U.S.-Iran tensions.

Tesla's (TSLA) Model 3 and Model Y lead Cars.com's "American-made Index" for the sixth year in a row. Yahoo Finance Senior Autos Reporter Pras Subramanian breaks down the details.

The firm maintained its "Outperform" rating on CBRS stock.

Stocks could be facing the end-of-quarter reckoning many investors feared when Elon Musk’s SpaceX unveiled plans for its multibillion-dollar initial public offering and Federal Reserve Chairman Kevin Warsh took over the central bank’s policy reigns earlier this month. The early signs of a late June “tech wreck” started to formulate Monday, with Google parent Alphabet shedding more than $225 billion in market value, its biggest slump in more than a year, and SpaceX extending its three-day decline to more than $600 billion. Shares in SpaceX were falling 4.3% in premarket trading Tuesday, putting them below $150 a share.

Yahoo Finance's Julie Hyman takes a closer look at some of Tuesday's trending tickers and stories, including JPMorgan (JPM) upgrading IBM (IBM), Carnival's (CCL) second quarter revenue missing estimates, and AMC (AMC) stock plunging.

Oklo Co-Founder and CEO Jake DeWitte joined Bloomberg Open Interest to talk about how America's nuclear resurgence is accelerating as government support, fuel supply improvements, and private capital unlock new reactor development. He reveals Oklo is targeting power production in roughly two years and argues the AI-driven data center boom is creating a market large enough for both large-scale and advanced modular nuclear reactors to thrive.