Fox announced on Monday that it is acquiring the company for roughly $22 billion.
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The potential deal signals Qualcomm’s bid to strengthen its position in AI and data center semiconductors beyond its smartphone core.

<body><p>STORY: Wall Street's main indexes rallied on Monday, with the Dow gaining nearly 1% to notch a record-high close, the S&P 500 climbing about one-and-two-thirds percent and the Nasdaq soaring 3%.</p><p>Investors cheered the news of a preliminary deal between the U.S. and Iran to end their war and reopen the Strait of Hormuz. </p><p>Kevin Mahn is president and chief investment officer at Hennion & Walsh Asset Management.</p><p>"I believe that the theme of the day for investors is that a deal has been reached. We think the strait has been opened, we think, and the market has rallied, at least for now. Obviously, if the first two tenets of that theme start to get unwound, then we're going to see this market rally go in the opposite direction. But as it stands now, we believe that ultimately a deal between the U.S. and Iran will be signed in Switzerland on Friday and in all likelihood, tankers will start to pass through the Strait of Hormuz, and that should start to ease inflationary pressures that are a result of higher oil prices that have been in place now since the beginning of March."</p><p>U.S. crude futures settled down 4.9% and hit their lowest level since March, helping to lift shares of energy-sensitive airline and cruise companies and hurting energy stocks.</p><p>Easing inflation fears also helped boost technology stocks as investors were more comfortable taking on riskier bets.</p><p>Chip giant Nvidia gained 3.5% and Micron Technology jumped nearly 11% after at least two brokerages sharply raised their price targets for the stock.</p><p>Investors now turn their attention to the Federal Reserve's two-day policy meeting, which concludes Wednesday.</p><p>Traders expect the central bank to leave interest rates unchanged, but they'll be watching closely for signals from Kevin Warsh in his first press conference as Fed chair.</p></body>
Download the Complete Report Here Aurora Cannabis Inc. (ACB) Y26 Beat Underscores Medical Cannabis Momentum; FY27 Reset Reflects Canadian Reimbursement Cut, but Long-Term Growth Remains on Track. Key Takeaways: FY26 topped management’s outlook, with net revenue up 11% to C$320.6 million and medical cannabis revenue up 18%. 4Q revenue grew 10% y/y to C$84.8 million, […] The post Aurora Cannabis Generates 55% Revenue Outside Canada as Medical Sales Surge – Quarterly Update Report appeared first on
Wondering if Johnson & Johnson at around US$235.66 is still a solid deal or starting to look fully priced? This article walks through the numbers so you can judge the stock's value with more confidence. The stock closed at US$235.66 and has returns of 1.5% over 7 days, 3.9% over 30 days, 13.7% year to date, 55.6% over 1 year, 56.6% over 3 years, and 65.6% over 5 years. This gives useful context before looking at valuation. Recent headlines around Johnson & Johnson have focused on its...
Micron Technology (NASDAQ:MU) is the chip stock dominating every feed after its memory business rode the AI cycle to a $1.12 trillion market cap and a 760.37% one-year run. But here’s what you should actually be watching. The Crowded Trade at the Top of the Cycle Memory margins do not stay at 74% forever. Micron ... Forget Micron: 1 Record-Breaking Cloud Powerhouse to Buy Hand Over Fist After the Pullback
Today, June 15, 2026, investors analyze a $2.75 billion cash buyout for Payoneer from Nuvei.
President Donald Trump and Vice President JD Vance signed an electronic copy of a memorandum of understanding with Iran, a senior US official said in a call with reporters.
In the most recent trading session, Cadence Design Systems (CDNS) closed at $394.45, indicating a +2.47% shift from the previous trading day.
Fortinet (FTNT) reached $149.49 at the closing of the latest trading day, reflecting a +2.18% change compared to its last close.
In the latest trading session, Freeport-McMoRan (FCX) closed at $70.13, marking a +2.51% move from the previous day.
Celestica (CLS) reached $403.45 at the closing of the latest trading day, reflecting a +2.63% change compared to its last close.
In the closing of the recent trading day, Intel (INTC) stood at $127.86, denoting a +2.64% move from the preceding trading day.
ServiceNow (NOW) concluded the recent trading session at $104.15, signifying a +1.96% move from its prior day's close.
Over the past six months, First Bancorp has been a great trade, beating the S&P 500 by 7.2%. Its stock price has climbed to $61.79, representing a healthy 15.6% increase. This was partly thanks to its solid quarterly results, and the performance may have investors wondering how to approach the situation.
Investors weigh fresh details from a Jefferies consumer survey on eVOTLs today, June 15, 2026.
(Adds after-hours Nasdaq trading in final paragraph.) SSR Mining (SSRM.TO, SSRM) after the close
SSR Mining (SSRM.TO, SSRM) after the close Monday approved an additional $500 million for share repu
CoreWeave, listed as NasdaqGS:CRWV, has completed what it describes as an industry first deployment and full validation of NVIDIA Vera Rubin NVL72 at rack scale. The new system introduces rack level control, software defined liquid cooling and a focus on higher inference per watt and lower operating costs for enterprise AI workloads. This development has not yet been discussed in recent Simply Wall St coverage and adds fresh context for investors tracking AI infrastructure...
Dow Jones Futures: Trump's U.S.-Iran deal sparked a big stock market rally Monday. Nvidia, Micron, Sandisk and SpaceX were big winners.
Is COIN a good stock to buy? We came across a bullish thesis on Coinbase Global, Inc. on Mulberry’s Substack by Mulberry Investment Research. In this article, we will summarize the bulls’ thesis on COIN. Coinbase Global, Inc.’s share was trading at $159.78 as of June 12th. COIN’s trailing and forward P/E were 58.74 and 69.44 respectively […]
Today, June 15, 2026, investors are weighing how cheaper fuel and record revenue reshape this airline’s fragile profit picture.
Is GLXY a good stock to buy? We came across a bullish thesis on Galaxy Digital on TradersPro’s Substack. In this article, we will summarize the bulls’ thesis on GLXY. Galaxy Digital’s share was trading at $33.36 as of June 12th. GLXY’s trailing and forward P/E were 47.25 and 666.67 respectively according to Yahoo Finance. Galaxy Digital […]
Roku stock is in focus as Fox announces plans of buying the streaming devices firm for $22 billion. But the buyout deal weighed heavily on FOXA shares today.
Google Cloud's expanding backlog and growing enterprise adoption of Gemini-powered AI solutions position Alphabet to deliver significant growth.
Amazon is investing several billion dollars to construct a data center campus in Montgomery County, Missouri, a move projected to create over 400 full-time tech jobs.
Chip designer Qualcomm is in talks to acquire AI chip startup Tenstorrent at a price of between $8 billion and $10 billion, The Information reported on Monday, citing a person with direct knowledge of the deal. (Reporting by Jaspreet Singh in Bengaluru; Editing by Joyjeet Das)
(Updates with index/price moves, macroeconomic data, and political/company news from the first parag