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Bloomberg50d agoneutral
House Passes Online Safety Bill as Senate Eyes Stricter Push

(Bloomberg) -- The House on Monday passed legislation to require new online safety protections for children, a sign of growing momentum in Washington to address a widespread concern among US parents even as the measure sets up a clash with senators seeking stronger safeguards.Most Read from BloombergTrump’s U-Turn on Iran Sanctions Would Unravel Decades of CurbsUS Stocks Get Tech Boost After AI-Fueled Selloff: Markets WrapCook Stays at Fed But Trump Wins Power Over Other AgenciesSupreme Court Le

China's Nexchip Semiconductor seeks up to $890.3 million in Hong Kong share sale
Reuters50d agoneutral
China's Nexchip Semiconductor seeks up to $890.3 million in Hong Kong share sale

China's Nexchip Semiconductor seeks to raise up to HK$6.98 billion ($890.26 million) in a ‌Hong Kong share sale, an exchange filing ‌showed on Tuesday. The chip firm is offering 216.2 million shares at ​maximum HK$32.30 each and expects dealing of H shares to begin on July 10, the filing showed. Nexchip's raising follows a slew of Chinese technology firms seeking ‌to raise funds ⁠in Hong Kong's red-hot capital markets, with Apple supplier Luxshare Precision Industry revealing on ⁠the day an up to $3.10 billion share sale.

Ulta Beauty is leaving Target, here's what's replacing it
TheStreet50d agoneutral
Ulta Beauty is leaving Target, here's what's replacing it

When Target and Ulta Beauty decided to end their five-year partnership, the department store put out a terse statement about the impending divorce. "Ulta Beauty and Target Corporation announced that they have mutually agreed not to renew the Ulta Beauty at Target shop-in-shop partnership when the ...

Comcast's NBCUniversal spinoff just transformed streaming wars
TheStreet50d agoneutral
Comcast's NBCUniversal spinoff just transformed streaming wars

Nobody saw this coming. Not Wall Street. Not Hollywood. And almost certainly not Netflix or Disney. On June 29, Comcast announced it would spin off NBCUniversal and Sky into a separate, publicly traded company through a tax-free transaction. After more than 15 years as a single company, the cable ...

Dow Hits Record as Tech Starts Week Strong
The Wall Street Journal50d agoneutral
Dow Hits Record as Tech Starts Week Strong

The Dow Jones Industrial Average topped 52000 for the first time on Monday, highlighting investors’ increasing demand for stocks at the heart of the American economy. One major contributor was Alphabet which rose 4.8% to lead gains on the Google-parent’s first day as one of the blue-chip index’s 30 components.

Australia sues Amazon unit over alleged breach via Prime Video ads
Reuters50d agoneutral
Australia sues Amazon unit over alleged breach via Prime Video ads

Australia's competition regulator said on Tuesday it has taken Amazon's ‌Australian unit to court, alleging its ‌Prime subscription contracts contained unfair terms that allowed the ​company to add advertising to Prime Video. The Australian Competition and Consumer Commission (ACCC) alleged that between November 2023 and August 2025, Amazon Australia ‌used unfair Prime ⁠contract terms to make negative changes for over 1 million annual ⁠subscribers without offering compensation. After July 2024, subscribers who wanted to maintain ad-free streaming had ​to pay ​an additional A$2.99 ​per month.

Bloomberg50d agobearish
China Misses Out on AI Boom as Stocks Trail by Most Since 2001

(Bloomberg) -- After a banner year for Chinese stocks on the back of AI advances, 2026 is not going well.Most Read from BloombergTrump’s U-Turn on Iran Sanctions Would Unravel Decades of CurbsUS Stocks Get Tech Boost After AI-Fueled Selloff: Markets WrapCook Stays at Fed But Trump Wins Power Over Other AgenciesSupreme Court Leaves Trump’s Fed, Citizenship Gambits for LastPrabowo Risks Prompt Global Banks to Pull Cash Out of IndonesiaThe MSCI China Index has tumbled 15%, the worst performance glo

Apple’s gamble just exposed the AI bubble’s fatal flaw
TheStreet50d agoneutral
Apple’s gamble just exposed the AI bubble’s fatal flaw

On June 25, Apple (AAPL) raised prices on iPads and MacBooks due to skyrocketing memory chip costs, according to Reuters. The stock dipped that same day, closing 6% lower and losing more than $260 billion in market cap. The price increases hit Apple’s MacBook Neo, raising its starting price to $699 ...

Uber, Waymo end robotaxi partnership in Phoenix
Reuters50d agobullish
Uber, Waymo end robotaxi partnership in Phoenix

By Juby Babu June 29 (Reuters) - Uber and Alphabet's Waymo have ended their self-driving partnership in Phoenix, Arizona, as the ride-hailing giant prepares to launch a new autonomous vehicle

Uber, Waymo end robotaxi partnership in Phoenix
Reuters50d agobullish
Uber, Waymo end robotaxi partnership in Phoenix

Uber and Alphabet's Waymo have ended their self-driving ‌partnership in Phoenix, Arizona, as the ride-hailing ‌giant prepares to launch a new autonomous vehicle collaboration ​in the city. Under the partnership struck in 2023, Uber had integrated Waymo's autonomous vehicles into its ride-hailing and food delivery platforms. A Waymo spokesperson ‌said that ⁠vehicles used for the pilot program have already been integrated back into its ⁠own Phoenix fleet, where they remain available through its app.

Bitcoin's latest halving cycle is raising a big question
TheStreet50d agoneutral
Bitcoin's latest halving cycle is raising a big question

Bitcoin's 2024 halving cycle is not playing out the way anyone drew it up. Two of the most respected voices in the space are now publicly disagreeing on what that means, and the stakes are high enough that the argument matters. Pierre Rochard, VP of Research at Riot Platforms, posted on ...

Bloomberg50d agoneutral
Comcast’s NBC Spinoff Raises Questions About Businesses’ Future

(Bloomberg) -- Brian Roberts lost out on an opportunity last year to merge NBCUniversal with Warner Bros. Discovery Inc. But the process helped get the chairman and co-chief executive officer of Comcast Corp. thinking about what NBCUniversal would look like on its own. Most Read from BloombergTrump’s U-Turn on Iran Sanctions Would Unravel Decades of CurbsUS Stocks Get Tech Boost After AI-Fueled Selloff: Markets WrapCook Stays at Fed But Trump Wins Power Over Other AgenciesSupreme Court Leaves Tr

Tuesday's market movers: Nike earnings, consumer confidence
Yahoo Finance Video51d agoneutralVIDEO
Tuesday's market movers: Nike earnings, consumer confidence

Asking for a Trend Host Josh Lipton previews the top market-moving events for Tuesday, June 30, including earnings reports from Nike (NKE) and Constellation Brands (STZ), as well as the latest reading on consumer confidence and what it could mean for investors.

Chevron surprises investors with eye-catching disclosure
TheStreet51d agoneutral
Chevron surprises investors with eye-catching disclosure

The AI data center boom has created an unusual power shortage, and oil companies are stepping in to supply the needed power using their extra natural gas. Chevron (CVX) became the latest to join that dynamic on June 22, when it announced a 20-year agreement with Microsoft (MSFT) to supply ...

Honeywell Aerospace CEO on Separation, Defense Demand
Bloomberg51d agoneutralVIDEO
Honeywell Aerospace CEO on Separation, Defense Demand

On the first day of trading following its spin-off from Honeywell International, Honeywell Aerospace CEO Jim Currier discussed the company's new status as a standalone aerospace and defense firm. Currier emphasized the company's embedded role within the aerospace and defense ecosystem, highlighting its mission-critical products and services across major commercial and defense platforms. He speaks with Romaine Bostick & Katie Greifeld on "The Close."

Goldman Sachs doubles down on stock market outlook for 2026
TheStreet51d agoneutral
Goldman Sachs doubles down on stock market outlook for 2026

Q2 earnings season begins in mid-July. Goldman Sachs chief U.S. equity strategist Ben Snider, in a note published June 28, called it "a critical test" for U.S. stocks. The word choice was deliberate. The market's 2026 gains have come almost entirely from earnings growth rather than investors paying ...

Google and Tesla Wrap Up a Magnificent Day
The Wall Street Journal51d agoneutral
Google and Tesla Wrap Up a Magnificent Day

It was a good day for the Magnificent Seven—at least some of them. Tesla stock ended Monday's session up 8.5%, perhaps riding the coat tails of SpaceX, which was up 7.1%. The two Elon Musk companies are tightly linked, jointly developing a chip fabrication complex in Texas.

Exclusive-NBCUniversal may enter video game business after Comcast split, sources say
Reuters51d agoneutral
Exclusive-NBCUniversal may enter video game business after Comcast split, sources say

NBCUniversal is eyeing opportunities in digital gaming and new entertainment franchises as the company weighs options for future growth after its planned spinoff from Comcast, according to three people with direct knowledge of the matter. Comcast’s cable and connectivity business, meanwhile, is ripe for technological investments that ‌could take advantage of the massive surge in data centers and AI, these people said. No tie-ups have been discussed, and any potential deal would not happen until a period ‌of time following the split, the people said.

Analyst compares Saylor to crypto's 'biggest villain'
TheStreet51d agoneutral
Analyst compares Saylor to crypto's 'biggest villain'

EuroPac.com Chief Economist and Global Strategist Peter Schiff is escalating his attacks on Michael Saylor, arguing that the eventual unwinding of Strategy's Bitcoin position could prove more damaging to the crypto industry than Sam Bankman-Fried's collapse at FTX, and that Saylor himself could end ...