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Costco warns shoppers not to drink this milk
TheStreet68d agoneutral
Costco warns shoppers not to drink this milk

Costco has built one of the most successful retail models in the world by doing something most competitors would never consider – offering customers fewer choices. While a typical supermarket may carry 30,000 to 60,000 products and big-box retailers often stock more than 100,000 items across ...

The Fed Is Poised to Shake Wall Street This Month: Here Is the 1 Dirt-Cheap Stock I’m Loading Up on Anyway
24/7 Wall St.69d agoneutral
The Fed Is Poised to Shake Wall Street This Month: Here Is the 1 Dirt-Cheap Stock I’m Loading Up on Anyway

I keep buying Johnson & Johnson (NYSE:JNJ) because the market keeps handing me a discount on a company that refuses to act like the slow, sleepy legacy name Wall Street wants to price it as. The Fed will say what it says this month. The headlines will do what headlines do. I am still hitting ... The Fed Is Poised to Shake Wall Street This Month: Here Is the 1 Dirt-Cheap Stock I’m Loading Up on Anyway

Tesla Stock Needs the SpaceX IPO to Happen Already
Barrons.com69d agoneutral
Tesla Stock Needs the SpaceX IPO to Happen Already

Tesla stock rose early Thursday after the order book for SpaceX’s massive IPO closed. Tesla stock was up 0.8% at $384.74 on Thursday, while the and were up 0.2% and 0.6%, respectively. Coming into Thursday trading, shares were down almost 10% over the past week, leaving investors wondering if Tesla investors were selling stock to fund purchases of SpaceX shares, which are expected to begin trading on Friday.

Waymo Readies First National Ads as Rivals and Critics Proliferate
The Wall Street Journal69d agoneutral
Waymo Readies First National Ads as Rivals and Critics Proliferate

Seventeen years after Google hatched a secret project to build self-driving cars, the robotaxi service born from it will start running TV commercials nationwide as it aims to calm concerns about its technology and stand out in an increasingly crowded field. The first national ad campaign for Waymo is scheduled to begin running Friday during coverage of the FIFA World Cup on Fox, in a match pitting Team USA against Paraguay. The commercials aim to ease fears surrounding self-driving cars, with a gentle reminder of how human drivers can be flawed, but their focus is more on people riding in Waymos than the technology itself.

Want $1,000 a Month in Dividends? Here’s How Much of This Stock You’d Need
24/7 Wall St.69d agoneutral
Want $1,000 a Month in Dividends? Here’s How Much of This Stock You’d Need

Wages get taxed before they hit your account, raises rarely keep pace with shelter and grocery inflation, and a single layoff cycle can erase years of careful budgeting. Passive income from dividends sidesteps all of that. The cash arrives whether the market is green or red, whether you are at your desk or asleep, and ... Want $1,000 a Month in Dividends? Here’s How Much of This Stock You’d Need

Retail Is Cashing Out Of Micron, AMD, AI Stocks Ahead Of SpaceX IPO
Benzinga69d agoneutral
Retail Is Cashing Out Of Micron, AMD, AI Stocks Ahead Of SpaceX IPO

Retail investors are liquidating some of the biggest winners in the AI trade to raise cash for Friday’s SpaceX (SPCX) IPO, and the selling pressure is landing hardest on semiconductors. MU stock is moving. See the chart and price action here. Data from Vanda Research shows individual investors net sold equities for three consecutive days through Wednesday — the first such stretch since March 2020, according to CNBC. On Monday alone, retail pulled the most capital from individual stocks since Nov

Cathie Wood sells her favorite stock despite surge
TheStreet69d agoneutral
Cathie Wood sells her favorite stock despite surge

Robinhood Markets (NASDAQ: HOOD) rose as much as 8% intraday on June 10. The rally followed a cluster of developments that landed one after the other, including a share purchase, a fresh regulatory milestone, and strong monthly trading data. Even so, Cathie Wood's ARK Invest sold its ...

Gold loses its luster as rate-hike fears take over
TheStreet69d agoneutral
Gold loses its luster as rate-hike fears take over

Every investor keeps a short mental list of things that are supposed to work no matter what. Stocks for growth. Bonds for income. And one ancient asset for the moments when everything else falls apart. For the past two years, that last category did far more than protect wealth. It minted wealth. ...

Bloomberg69d agoneutral
Jeff Bezos’ AI Startup Valued at $41 Billion in Funding Round

(Bloomberg) -- Prometheus, an artificial intelligence startup led by Jeff Bezos, has raised a round of funding that values it at $41 billion, bolstering the Amazon.com Inc. founder’s status as a significant player in the AI boom.Most Read from BloombergXbox Plans Significant Layoffs as New CEO Plans OverhaulTrump Vows New Attacks on Iran, Threatens Key Energy TargetsHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’US Strikes Iran in Trump Escalation Over Stalled Peace TalksSpaceX IPO

Top IPO Expert: SpaceX IPO ‘Will Blow Away’ Records Set by Visa and Alibaba
24/7 Wall St.69d agoneutral
Top IPO Expert: SpaceX IPO ‘Will Blow Away’ Records Set by Visa and Alibaba

University of Florida finance professor Jay Ritter, who runs the school’s IPO Initiative and is widely regarded as the dean of IPO research, told CNBC on June 11, 2026, that SpaceX’s pending offering will set a first-day underpricing record that dwarfs prior benchmarks held by Visa and Alibaba. “SpaceX is almost certainly going to blow ... Top IPO Expert: SpaceX IPO ‘Will Blow Away’ Records Set by Visa and Alibaba

The Iran War Gets Hot Again As Trump Moves to Seize Iran’s Oil Crown Jewel. Is a Recession Next?
24/7 Wall St.69d agoneutral
The Iran War Gets Hot Again As Trump Moves to Seize Iran’s Oil Crown Jewel. Is a Recession Next?

On Thursday morning, President Trump posted on Truth Social: “At some point in the not too distant future, we will be taking Kharg Island, and other oil infrastructure points.” Kharg Island is the terminal that handles the overwhelming majority of Iran’s crude exports. A US move to seize it would amount to the physical capture ... The Iran War Gets Hot Again As Trump Moves to Seize Iran’s Oil Crown Jewel. Is a Recession Next?

Palantir CEO takes pointed shot at Anthropic
TheStreet69d agoneutral
Palantir CEO takes pointed shot at Anthropic

Palantir (PLTR) CEO Alex Karp isn’t buying into the idea that Anthropic, OpenAI, or any other large language model company can simply move into Palantir’s world. Though he sees the threat that Wall Street is worried about, he feels investors are asking the wrong question. That jab lands ...

Cal-Maine (CALM): Buy, Sell, or Hold Post Q1 Earnings?
StockStory69d agoneutral
Cal-Maine (CALM): Buy, Sell, or Hold Post Q1 Earnings?

Over the past six months, Cal-Maine’s stock price fell to $79.32. Shareholders have lost 9.4% of their capital, which is disappointing considering the S&P 500 has climbed by 6.9%. This might have investors contemplating their next move.

Novo Nordisk hit by cyber incident, probes data breach
Reuters69d agoneutral
Novo Nordisk hit by cyber incident, probes data breach

Novo Nordisk said on Thursday it has ‌identified a security incident involving ‌unauthorized access to a limited number ​of internal IT systems. The company's core business operations are not impacted and remain ​up ‌and running, it added.