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2026 has not been the best year for shares in quantum computing darling D-Wave Quantum’s (QBTS). The company kept posting engineering wins and a fast-growing order book, yet the stock kept sliding, with a year-to-date decline of 14.9% at the time of writing. That disconnect is what Wall Street ...
Fed policymakers now see no interest rate cuts in 2026 after previously projecting one cut for this year back in March. Officials estimate their target range for the federal-funds rate will be 3.8% at the end of 2026, unchanged from its current level, according to the so-called "dot plot" from the Fed's latest Summary of Economic Projections released Wednesday. Notably, nine officials projected the Fed’s benchmark interest rate to be higher than it is today by the end of the year.
Investing.com -- Artificial intelligence-driven disruption is increasing pressure on the IT services industry, prompting Berenberg to turn more cautious on the sector as concerns grow over AI-led pricing deflation, uncertain value capture and a lack of near-term catalysts for a valuation recovery.
Shares pulled back Wednesday after a roughly 40% run since the company's Friday debut pushed its market cap past Amazon
Meta CEO Mark Zuckerberg is admitting to missteps in a newly leaked memo, following the company's significant workforce changes over the past year as it pours billions of dollars into developing artificial intelligence infrastructure. These changes include Meta’s decision last year to axe ...
The corporate venture arm ends after 10 years and 80 investments.
A New Risk Emerges for Amazon Stock as FTC Eyes Legal Action
RGTI stock plunges as Quantinuum's Nasdaq debut resets quantum valuations, sharpening focus on rivals' growth, tech and commercialization.
SpaceX fell on Wednesday for the first time since the company went public, breaking a three-session winning streak that had pushed Elon Musk's rocket and AI venture into the upper tier of the world's most valuable companies.
The FTC and state attorneys general are investigating Amazon's advertising disclosures and pricing practices.
The FTC is reportedly preparing a complaint against Amazon over advertising disclosures.
SpaceX stock continues its near-vertical ascent. AST SpaceMobile rises on successful satellite deployment. SpaceX completes ISS mission.
Stock Market Today: The Dow Jones index wavered Wednesday ahead of the Fed's decision and Fed Chair Warsh's comments. SpaceX stock rallied.
Investing.com -- Snap Inc. (NYSE:SNAP) shares suffered a brutal 9.6% drubbing Tuesday, marking its worst single-day collapse since March, after CEO Evan Spiegel asked investors to buy into a future where consumers willingly strap a thick, chunky, $2,195 computer to their faces. Spiegel debuted "SPECS"—the company’s first standalone augmented reality glasses—at the Augmented World Expo in California, framing them as the post-smartphone "computer of the future." Wall Street, however, looked at the
Italy’s regulator examines whether Apple gives rival cloud providers equal access to iOS and iPadOS system features.
The FTC could conclude the matter as early as this summer, either by filing a lawsuit or reaching a settlement, according to Bloomberg.
CarMax stock advances after the used-vehicle retailer handily tops Wall Street expectations with its first-quarter earnings.
Bitcoin is trading at approximately $65,829 as Federal Reserve Chair Kevin Warsh steps in to chair his first FOMC meeting. While traders analyzing whether the central bank will hike or hold this Wednesday have priced in a 3.50-3.75% rate hold at a 97.4% probability per the CME FedWatch tool, the true market driver remains Warsh’s impending forward guidance.
JPMorgan Chase (JPM), Alphabet's (GOOG, GOOGL) Google and more than two dozen other companies have b
June 17 (Reuters) - Italian digital transformation group Engineering said on Wednesday it would sell units Alfahealth and Industries eXcellence to global tech consulting company Accenture.
Italian digital transformation group Engineering said on Wednesday it would sell units Alfahealth and Industries eXcellence to global tech consulting company Accenture. • Alfahealth and Industries eXcellence respectively offer digital solutions for Italy's healthcare and industrial sectors. • Together they accounted for about 18% of Engineering's consolidated net revenues and 25% of adjusted core earnings (EBITDA) in 2025.
June 17 (Reuters) - Italian digital transformation group Engineering said on Wednesday it would sell units Alfahealth and Industries eXcellence to global tech consulting company Accenture.
Potential interest rate increases (and downstream effects such as higher bond yields) could mean trouble for the stock market, especially if they coincide with new tariffs.
(Bloomberg) -- SpaceX shares are poised for a fourth straight day of gains, reinforcing the company’s place among the world’s largest after it surpassed Amazon.com Inc. by market value.Most Read from BloombergRead the 14-Point Draft Memorandum Between the US and IranIran’s Deputy Foreign Minister Confirms Deal Reached With USModi Warns of ‘Shortage of Trust’ Ahead of Trump MeetingNetanyahu Pays a Political Price for Trump’s Iran DealUS Set to Offer Iran Broad Financial Gains in Peace DealShares
Opendoor built its business around the simple idea of making home sales faster, easier, and less stressful. The real estate technology company lets homeowners request cash offers online, avoid some of the uncertainty of traditional listings, and close more quickly. But behind that ...
Microsoft has reportedly abandoned talks with Oracle to lease $3 billion in AI computing power after a stalemate over federal security regulations.
By Caroline Valetkevitch and Amanda Cooper NEW YORK/LONDON, June 16 (Reuters) - Oil prices fell more than 5% on Tuesday, extending this week's losses on hopes a U.S.-Iran deal to end the Middle East
Amazon.com (AMZN) is facing a potential lawsuit from the U.S. Federal Trade Commission over allegati
Today, June 16, 2026, investors are weighing how missed media deals and legal risks may reshape Netflix’s strategy.
Investing.com -- Lionsgate Studios (NYSE:LION) shares fell 5% in after-hours trading Tuesday, swiftly deflating a massive regular-session rally after conflicting reports thoroughly cooled speculation of a blockbuster takeover by Netflix (NASDAQ:NFLX). The stock had surged 13.85% to close at $16.37 during regular trading hours on the heels of a Semafor report naming Netflix among several media heavyweights eyeing the independent studio. The optimism was short-lived, however, as The Wrap subsequen
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