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Wall Street analyst predicts major upside for crypto's most subscribed IPO
TheStreet59d agoneutral
Wall Street analyst predicts major upside for crypto's most subscribed IPO

A Wall Street analyst is making a bold call on Circle Internet Group (NYSE: CRCL). Circle is best known as the company behind the world's second-largest stablecoin, USDC, and one of the most heavily oversubscribed crypto initial public offerings of 2025. Circle debuted on the New York Stock ...

Workday must face California lawsuit over AI bias in job screening tools
Reuters59d agobearish
Workday must face California lawsuit over AI bias in job screening tools

June 22 (Reuters) - Workday must face claims that its popular AI-powered human resources software weeded out job applicants at other companies in ways that violated ‌California law and a federal ban on discrimination against workers with disabilities, a federal ‌judge ruled on Monday. District Judge Rita Lin in San Francisco rejected California-based Workday's claim that the state's anti-discrimination ​laws do not apply when it screens people based outside California who are applying for jobs

Chubb CEO flags threat disrupting global oil supply
TheStreet59d agoneutral
Chubb CEO flags threat disrupting global oil supply

When the CEO of the world's largest publicly traded property and casualty insurer describes a waterway as a "war-zone environment" and says conditions change "from day to day, hour to hour," that is not hyperbole. That is a man whose company has skin in the game every time a vessel transits ...

SpaceX initiates first bond sale while the stock sheds post-IPO gains
Yahoo Finance Video59d agoneutralVIDEO
SpaceX initiates first bond sale while the stock sheds post-IPO gains

SpaceX (SPCX) stock has sunk by as much as 13% in Monday's session — continuing to shave off any post-IPO gains — as the Elon Musk company is already announcing its first bond issuance. Yahoo Finance Senior Transports Reporter Pras Subramanian comes on Market Domination to further discuss these details.

AI startup Reflection signs computing power deal with SpaceX
Reuters59d agoneutral
AI startup Reflection signs computing power deal with SpaceX

Reflection AI said on Monday it has signed a deal with SpaceX that will ‌grant the startup access to additional computing capacity at ‌the Elon Musk-led company's Colossus 2 data center. Under the agreement, the open-source ​AI startup will get immediate access to Nvidia GB300s, AI chips used to train and run advanced models, and has agreed to pay SpaceX $150 million per month beginning July 1, 2026, ‌through 2029, CNBC reported, ⁠citing materials viewed by the publisher. • SpaceX and Reflection did not immediately ⁠respond to Reuters' requests for comment about the agreement.

Intel CEO gives investors a reality check
TheStreet59d agoneutral
Intel CEO gives investors a reality check

AI stock investors have essentially been trained to follow a rule to invest in businesses closest to GPUs, data centers, and hyperscaler spending. Intel (INTC) CEO Lip-Bu Tan just flipped that script on the June 18 episode of No Priors: AI, Machine Learning, Tech, & Startups. Tan believes ...

Disney earnings expected to show improving US park attendance
Proactive59d agoneutral
Disney earnings expected to show improving US park attendance

Walt Disney Co (NYSE:DIS, XETRA:WDP) is expected to report modestly improving attendance trends at its domestic theme parks in its fiscal third quarter, Bank of America analysts have projected ahead of the entertainment giant’s upcoming report. The bank’s analysts wrote that Disney's...

Robinhood's multibillion-dollar move sends stock lower
TheStreet59d agoneutral
Robinhood's multibillion-dollar move sends stock lower

Founded in 2013, Robinhood Markets (Nasdaq: HOOD) is a brokerage platform that lists stocks, cryptocurrencies, and tokenized stocks among several offerings. Its zero-commission trading has made it extremely popular among young retail traders. The company went public via an initial public ...

Dividend Safety: This Big-Box Retailer Is a Top Choice for Retirees Protecting Their Wealth
24/7 Wall St.59d agoneutral
Dividend Safety: This Big-Box Retailer Is a Top Choice for Retirees Protecting Their Wealth

Consumer electronics giant Best Buy (NYSE: BBY) just declared a $0.96 quarterly payout, pushing the annualized dividend to $3.84 per share. At a recent price of $73.10, that is a yield of roughly 5.0%, well north of the 4.43% 10-year Treasury. With Kevin Warsh signaling a more hawkish Fed posture and retiree portfolios bracing for ... Dividend Safety: This Big-Box Retailer Is a Top Choice for Retirees Protecting Their Wealth

Buy, Hold, or Sell: Wall Street Fears Tech Compression, but This AI Storage Monster Has a Hidden Weapon
24/7 Wall St.59d agoneutral
Buy, Hold, or Sell: Wall Street Fears Tech Compression, but This AI Storage Monster Has a Hidden Weapon

At $1,031.34, Seagate Technology (NASDAQ:STX) looks fully valued, with a more attractive risk/reward profile only emerging on a macro-driven pullback toward $850. The stock just hit a fresh 52-week high on analyst target hikes, even as Wall Street braces for tighter Fed policy that could compress high-multiple tech names. Seagate leads in nearline hard disk ... Buy, Hold, or Sell: Wall Street Fears Tech Compression, but This AI Storage Monster Has a Hidden Weapon

Coca-Cola faces $20 billion tax bill in IRS lawsuit
TheStreet59d agobearish
Coca-Cola faces $20 billion tax bill in IRS lawsuit

Coca-Cola is a dividend king with 64 straight years of payout increases, a presence in more than 200 countries, and a place in the Dow. The Internal Revenue Service believes the beverage giant owes up to $20 billion in additional taxes and interest tied to its overseas profit allocations. A federal ...

JPMorgan: 2026 rally entirely earnings-driven, bull case targets 8900 by year-end
24/7 Wall St.59d agobullish
JPMorgan: 2026 rally entirely earnings-driven, bull case targets 8900 by year-end

Stephen Parker, co-head of global investment strategy at JPMorgan Private Bank, told CNBC that “the rally that we’ve seen this year has been entirely earnings driven. Even the most bullish expectations have been consistently exceeded.” His base case puts the S&P 500 at 7800 by year-end, with a bull case of 8900. The stakes are ... JPMorgan: 2026 rally entirely earnings-driven, bull case targets 8900 by year-end

Costco's CFO just answered the special-dividend question
TheStreet59d agoneutral
Costco's CFO just answered the special-dividend question

Costco has a quiet public relations strategy that keeps it in the news without generating controversy. First, the chain never tells members exactly when it plans to raise the cost of a membership. It generally does that every five years, but its most recent increase happened seven years and two ...

Micron, Anthropic sign AI infrastructure supply agreement
Reuters59d agoneutral
Micron, Anthropic sign AI infrastructure supply agreement

Micron Technology said on Monday it has signed an agreement with Anthropic that includes supply ‌of memory and storage products, and a strategic investment ‌in the IPO-bound AI company's latest funding round. AI developers are racing to secure ​critical components for increasingly expensive data-center buildouts, while memory makers look to tap into the soaring demand for high-bandwidth memory and storage used in training and running advanced AI models. "Our compute strategy depends ‌on getting every layer ⁠of the stack right, and memory and storage are central to how efficiently we can train ⁠and serve Claude," said Tom Brown, Anthropic's co-founder and chief compute officer.

Amazon Prime Day to gauge US consumer strain as focus shifts to basics
Reuters Videos59d agoneutralVIDEO
Amazon Prime Day to gauge US consumer strain as focus shifts to basics

<body><p>STORY: This week's Amazon Prime Day - which is actually a four-day shopping blitz - will be a litmus test for the spending power of American consumers, who have been squeezed by elevated inflation driven by high gas prices.</p><p>:: Amazon.com</p><p>With that in mind, what shoppers buy will be just as important as how much they spend.</p><p>This year, Amazon is featuring deals on groceries, household goods, travel and school items over carefree splurges on bigger-ticket items.</p><p>Or, as the CEO of small business lender Cardiff put it, quote, "People just don't have the cash right now. Prime Day isn't going to be about buying big TVs or fun stuff this year. It's for buying toilet paper and garbage bags on sale. Families are literally waiting for these discounts just to buy regular everyday things because their bank accounts are empty."</p><p>:: Amazon.com</p><p>The event, which kicks off Tuesday, was shifted to June from July for the first time in five years, in part to avoid competing with World Cup matches and the country's 250th birthday.</p><p>While rivals Walmart and Target have shadowed Prime Day for years, the overlap has turned it into a synchronized industry event, intensifying price competition.</p><p>Walmart's seven-day sale started Monday, while Target Circle Deal Days align exactly with Prime Day.</p><p>:: Amazon.com</p><p>But Amazon is expected to capture more than 60% of all U.S. online retail spending during the four-day Prime Day period, according to market research firm eMarketer.</p></body>