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EV maker Lucid Group said on Monday it would cut about 18% of its U.S. workforce and announced ‌COO Marc Winterhoff had left the company, marking its second major ‌executive change in recent months as it tries to boost profitability amid growing competition. In April, the EV maker appointed former Schindler ​chief Silvio Napoli as CEO.

The average American household spent about $200 per month on gasoline according to the latest federal expenditure data. With gasoline prices remaining elevated in 2026, many families are paying considerably more. Most people treat their gas bill as a fact of life. Investors can treat it as an income target. The goal is simple: build ... The Portfolio That Quietly Pays For Your Gasoline Forever

For two decades, Alphabet (GOOGL) generated revenue primarily through advertising, including search ads, YouTube ads, and display ads across its network. On the company's Q1 2026 earnings call in April, CEO Sundar Pichai described a shift in that structure. "Revenue from products built on our gen ...

(Bloomberg) -- Meta Platforms Inc. is investing $900 million into Indian fintech startup Cred, with plans to appoint its founder, Kunal Shah, the new leader of WhatsApp.Most Read from BloombergIran Says Hormuz Closed Again as Talks With US Set to OpenUS and Iran Make ‘Progress’ in Talks, Aim to Keep Hormuz OpenIranian Negotiators Said to Still Be Engaged in Talks With USDOJ Rejects Judge Request to Certify $1.8 Billion Fund NixedThe ‘Mass Affluent’ Are Losing Their Allure for Wealth Managers Nav

BlackBerry also ranks highly before upcoming report

Micron led the rest of the chip complex higher on Monday after signing a supply deal with Antrhopic and ahead of the memory chipmaker's earnings this week.

Micron led the rest of the chip complex higher on Monday after signing a supply deal with Antrhopic and ahead of the memory chipmaker's earnings this week.

Micron led the rest of the chip complex higher on Monday ahead of the memory chip maker's earnings this week.

US futures were pointing higher at the start of the week as investors return from the Juneteenth holiday weekend, with technology stocks expected to lead gains despite lingering uncertainty over the Middle East and the prospect of further Federal Reserve tightening. Dow Jones futures were up...

The all-cash deal gives AbbVie access to zumilokibart, an experimental drug that could rival Dupixent in treating atopic dermatitis

Investing.com -- Beaten-down consumer stocks are forming a bottom and could deliver better performance in the second half of 2026, according to JPMorgan, which identified several sub-sectors trading at multi-year lows as the most attractive entry points.

The moves suggested a reset for U.S. Treasury yields tied to the surprisingly hawkish tone established by new Federal Reserve Chairman Kevin Warsh last week, who hinted toward near-term rate hikes to tame price pressures and break a long run of missed inflation targets. “We recognize that inflation has been running well ahead of the Fed’s long-stated inflation goal of 2% that’s been going on for more than five years,” Warsh told reporters in Washington last week after his first press event as Fed chairman. The Fed’s economic forecasts slashed 2026 GDP predictions to 2.2%, and added 90 basis points to its headline PCE inflation estimate, taking it to 3.6%.

Investing.com -- Digital infrastructure company ITG plans to raise up to $429.3 million through its initial public offering on the Nasdaq, the Hendersonville, Tennessee-based firm said Monday.

Rising AI and data-center power needs may put Oklo and NuScale in focus as investors look beyond SpaceX's aerospace story.

Investing.com -- Lime, the electric bike and scooter rental company backed by Uber, plans to raise funds through a U.S. initial public offering that could value the firm at up to $1.66 billion.

The healthcare company is eyeing opportunities related to artificial intelligence, which it believes can enhance its operations.

SpaceX ‌said ‌on Monday ​it launched an offering of ‌senior ⁠unsecured notes ⁠and disclosed ​that ​it ​held ‌approximately $100.8 billion in cash and cash ‌equivalents ​as ​of ​June ‌19.

With ETF outflows persisting and selling "nearly exhausted," analysts say Bitcoin is range-bound and waiting for a catalyst.

SpaceX just bought Cursor, which could look like a massive bargain in retrospect.

Investing.com -- Credo Technology Group (NASDAQ:CRDO) shares climbed 3.5% on Monday after Evercore ISI analyst Mark Lipacis initiated coverage with a roaring Outperform rating and a $325 price target. Following Friday’s close at $271.83, Lipacis’s target hands the high-speed connectivity challenger a premium of roughly 20% above its current record-high trading levels. In a detailed note to clients, Lipacis argued that Wall Street is completely misjudging the scale of Credo’s long-term opportunit

Amazon Prime Day starting on Tuesday will be a litmus test of U.S. shoppers' spending power, with the earlier-than-usual sales event increasingly centered on perishable groceries, household basics and back-to-school needs ‌rather than carefree splurges. The four-day blitz running June 23 to 26, comes after Amazon shifted it from July, citing a calendar crowded ‌by the FIFA World Cup and the 250th anniversary of U.S. independence. What shoppers add to ​their carts is as important as how much they spend, helping gauge whether recent U.S. consumer resilience is holding or beginning to crack.

The e-scooter and e-bike rental company is offering shares at $24 to $26 each, with Uber indicating interest in buying up to $20 million worth

Tesla (TSLA) has taken a lot of criticism for its self-driving ambitions. Regulators have cast doubt on the company’s safety assertions. Critics say Full Self-Driving is still an overhyping of what the system can perform. And competitors in China have been working hard to develop their own superior ...

Pre-Market Stock Futures: Futures are trading mixed as we prepare to finish the last full week of the second quarter. We finished a wild holiday-shortened trading week last Thursday, as Friday was the federal Juneteenth holiday, and all major indices rebounded smartly from the Federal Reserve-induced sell-off on Wednesday. Details of the signed memorandum of ... Here Are Monday’s Best Wall Street Analyst Research Calls: Accenture, Apple, Boyd Gaming, BWX Technologies, Conoco-Phillips, Estee Laud

Alan Greenspan’s time at the Fed was punctuated by numerous peaks and troughs for the US economy and several of the world’s most momentous events. He died Monday at age 100.

AbbVie has agreed to buy Apogee Therapeutics for about $10.9 billion in cash in a deal that bolsters the biopharmaceutical company’s immunology and inflammation portfolio.

Mark July 29 on the calendar. That is the next scheduled FOMC decision, and according to JPMorgan Asset Management CIO Bob Michael, every Fed meeting is now live for a potential rate hike, including the one roughly six weeks away. Michael told CNBC’s Closing Bell Overtime that new Fed Chair Kevin Warsh‘s first meeting delivered ... Circle Your Calendars for July 29. JPMorgan Executive Says Fed Chair Kevin Warsh Could Raise Rates in As Little as Six Weeks.

(Bloomberg) -- Former New York Governor Andrew Cuomo is starting a second act: Helping cryptocurrency exchange operator OKX and the owner of the New York Stock Exchange build a new business that merges digital and traditional finance markets. Most Read from BloombergIran Says Hormuz Closed Again as Talks With US Set to OpenUS and Iran Make ‘Progress’ in Talks, Aim to Keep Hormuz OpenIranian Negotiators Said to Still Be Engaged in Talks With USDOJ Rejects Judge Request to Certify $1.8 Billion Fun

The 2.7-gigawatt project will have its own on-site power plant fueled by Chevron’s local natural-gas production.

Investing.com -- Goldman Sachs has cut its 12-month U.S. recession probability to 15% following the U.S.-Iran agreement, with chief economist Jan Hatzius citing reduced downside risks to the economic outlook and an improvement in underlying labor market resilience.