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SpaceX stock joins AI bond frenzy
TheStreet60d agoneutral
SpaceX stock joins AI bond frenzy

Wall Street has a new favorite trade: lending money to artificial intelligence. NVIDIA, Alphabet, Amazon, and Oracle have all rushed into debt markets to raise hundreds of billions of dollars to fund data centers, chips, and AI infrastructure. Investors have been lining up to buy, and the demand ...

The Portsmouth Daily Times, Ohio60d agoneutral
OKLO, Centrus sign fuel agreement in Piketon, positioning southern Ohio as an advanced nuclear energy hub

State, federal and industry leaders gathered Thursday morning at the Centrus Energy facility in Piketon to celebrate a milestone for Southern Ohio and the future of American energy production. At approximately 10:15 a.m. on June 18, Oklo Inc. and Centrus Energy announced the signing of a Letter of Intent that would allow Centrus to provide domestically produced high-assay low-enriched uranium ...

Kroger's new CEO reveals the chain's biggest problems
TheStreet60d agoneutral
Kroger's new CEO reveals the chain's biggest problems

Walmart, Target, and Costco generally enjoy pricing advantages over traditional grocers. They can all sell at lower markups because they don't need to make their money on food and other household basics. That's good news for consumers avidly looking for the lowest prices, according to Consumer ...

Morgan Stanley quietly buys Bitcoin amid selloff
TheStreet60d agoneutral
Morgan Stanley quietly buys Bitcoin amid selloff

We have seen a Bitcoin (BTC) sell-off this whole June, and the price is way below $70,000 for the past few days. In the third week of June, we saw momentary spikes of above $67,200 around June 15, but that was about it. As of press time, it's trading around $63,130. But the sell-off ...

GM, UAW face sudden high-stakes factory rift
TheStreet60d agoneutral
GM, UAW face sudden high-stakes factory rift

General Motors (GM) has installed new collaborative robots—known as “cobots”—at its Detroit-Hamtramck Factory Zero plant to modernize production, but the move comes at the same facility where it has already laid off 1,000 workers. GM claims the cobots will improve worker ergonomics, but ...

Citi resets Adobe stock price target
TheStreet60d agoneutral
Citi resets Adobe stock price target

Wall Street is adjusting its expectations for Adobe after the software giant delivered a mixed earnings report that raised more questions than it answered about the company's near-term growth trajectory. Citi analyst Tyler Radke lowered his price target on Adobe (ADBE) to $228 from $264, while ...

Nvidia's $6.9 billion side bet just paid off in a big way
TheStreet60d agoneutral
Nvidia's $6.9 billion side bet just paid off in a big way

Back in 2020, Nvidia dropped $6.9 billion on a company most people had never heard of, Mellanox, an Israeli outfit that made networking switches and adapters. At the time, it barely registered. Jensen Huang was buying GPUs, building the chip story, and a networking company felt like a rounding ...

The Dollar Just Hit A 13-Month High On Warsh's Hawkish Debut: History Says Don't Fade It
Benzinga60d agoneutral
The Dollar Just Hit A 13-Month High On Warsh's Hawkish Debut: History Says Don't Fade It

Kevin Warsh‘s hawkish debut as Federal Reserve Chair revived one of the market’s most reliable plays — going long the dollar when the central bank looks ready to hike interest rates. The U.S. Dollar Index – as tracked by the Invesco DB U.S. Dollar Index Bullish Fund – rose 0.8% to above 100.15 on Thursday, its highest level since May 2025 and the cap on a roughly 13-month climb. The move followed a Federal Open Market Committee meeting that broke sharply with March. Nine of the 19 participants p

95-year-old beloved supermarket chain closes longtime stores
TheStreet60d agoneutral
95-year-old beloved supermarket chain closes longtime stores

An iconic supermarket chain is closing stores in key markets, eliminating grocery store choices for local residents as companies close underperforming locations. Grocery chains have faced economic challenges such as rising labor and product costs driven by inflation, fierce competition from ...

Allbirds exposes a new test for the AI trade
TheStreet60d agoneutral
Allbirds exposes a new test for the AI trade

Allbirds is not big enough to define the artificial intelligence market. That’s exactly why investors need to pay attention. The sneaker maker’s transition into Smartbird (BIRD) is more than just another strange corporate rebranding. It could be a good sign for where the AI trade has gone following ...

Bank of America predicts a major pricing shift for Apple
TheStreet60d agoneutral
Bank of America predicts a major pricing shift for Apple

Apple has spent years trying to make artificial intelligence a reason for consumers to buy new devices. That strategy has become more important as rivals, including Google, Microsoft, OpenAI, and Meta, move quickly with consumer-facing AI tools. For Apple, the opportunity is clear. If AI makes the ...

Walmart gives shoppers a new reason to visit stores
TheStreet60d agoneutral
Walmart gives shoppers a new reason to visit stores

A trip to Walmart can easily become more than a grocery run. Shoppers who walk in for groceries and household products may end up picking prescriptions, school supplies, apparel, or an online order. And for Walmart, this one-stop shopping is not just convenient for its customers but also its ...

Buy, Hold, or Sell: Strategy Inc. Resumed Its Bitcoin Buying Spree, but Will Warsh’s First Fed Meeting and Severe Tech Compression Crush MSTR Stock to $65?
24/7 Wall St.60d agoneutral
Buy, Hold, or Sell: Strategy Inc. Resumed Its Bitcoin Buying Spree, but Will Warsh’s First Fed Meeting and Severe Tech Compression Crush MSTR Stock to $65?

At $116.56, Strategy Inc. (NASDAQ:MSTR) looks vulnerable, with dilutive equity issuance colliding with a hawkish incoming Fed under Kevin Warsh setting up a potential path back toward $65. The stock has lost 68.93% of its value over the past year, and Michael Saylor’s resumed bitcoin buying has not arrested the slide. Strategy, the rebranded MicroStrategy ... Buy, Hold, or Sell: Strategy Inc. Resumed Its Bitcoin Buying Spree, but Will Warsh’s First Fed Meeting and Severe Tech Compression Crush M

Is Starbucks open or closed on Juneteenth?
TheStreet60d agoneutral
Is Starbucks open or closed on Juneteenth?

Juneteenth is the nation's newest federal holiday, celebrated on June 19th, the date in 1865 when Union troops arrived in Galveston, Texas, and announced that the last enslaved Black Americans were free. As Americans make plans for the holiday — which many people celebrate by attending festivals ...

Fed’s Warsh Still Expects a Rate Hike This Year, Says Former Vice Chair Roger Ferguson
24/7 Wall St.60d agoneutral
Fed’s Warsh Still Expects a Rate Hike This Year, Says Former Vice Chair Roger Ferguson

Roger Ferguson, the former Federal Reserve Vice Chairman, went on CNBC Thursday to translate what just happened at Kevin Warsh’s debut meeting as Fed Chair. The Fed held the policy rate steady at 3.75%, where it has sat since December 11, 2025, but the more interesting story was tucked inside the statement and in what ... Fed’s Warsh Still Expects a Rate Hike This Year, Says Former Vice Chair Roger Ferguson

1 Dividend Powerhouse Retirees Can Lean On Even If Rates Hike
24/7 Wall St.60d agoneutral
1 Dividend Powerhouse Retirees Can Lean On Even If Rates Hike

Philip Morris International (NYSE:PM) is a tobacco giant in the middle of a profitable pivot, with smoke-free products now accounting for over 43% of net revenues through IQOS heat-not-burn devices and ZYN nicotine pouches. With markets nervous about a potentially hawkish Federal Reserve under Kevin Warsh, retirees want to know if this 3% yielder can ... 1 Dividend Powerhouse Retirees Can Lean On Even If Rates Hike

“They Forgot to Protect Our Industries With TARIFFS!” — Does a Trump Trade War 2.0 Loom?
24/7 Wall St.60d agoneutral
“They Forgot to Protect Our Industries With TARIFFS!” — Does a Trump Trade War 2.0 Loom?

There have been renewed talks about whether tariffs could send us into another phase of trade wars. And while it’s up for debate as to whether a trade war 2.0, so to speak, has already arrived, I do think that investors shouldn’t panic over concerns that further tariffs will further fan the flame that is ... “They Forgot to Protect Our Industries With TARIFFS!” — Does a Trump Trade War 2.0 Loom?