News

(Updates with index/price moves, FedWatch outlook, macro data, and political/company news from the f

The memory-chip crunch is pushing up prices for all electronics. Even Apple, which dominates the supply chain, isn’t spared.

Jabil Inc (JBL) reports a 12% revenue increase and raises fiscal 2026 outlook, fueled by robust AI demand and strategic wins in the hyperscale market.

The CEO tells the Journal in an exclusive interview that soaring costs make price increases “unavoidable.”

In an official statement shorter than 150 words, the Fed eschewed forward guidance from the Fed Chair.

The Dow Jones Industrial Average fell from record highs Wednesday as markets reacted to the Federal

Moby summary of Jabil Inc.'s Q3 2026 earnings call

SpaceX's record-setting IPO has investors rushing into space stocks. From Rocket Lab to AST SpaceMobile, here's how to separate the durable winners from the hype in a fast-growing $1 trillion market.

The S&P 500 Index ($SPX ) (SPY ) on Wednesday closed down -1.21%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -0.98%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.99%. June E-mini S&P futures (ESM26 ) fell -1.19%, and June E-mini Nasdaq futures...

Open markets committee says ‘economic activity is expanding at a solid pace’ in first meeting under new chair Kevin Warsh

US equity indexes were lower on Wednesday as government bond yields rose and the Federal Reserve ann

SpaceX's (SPCX) IPO may be creating a vacuum, and space-themed ETFs are benefitting from the latest phase in the Space Race. Yahoo Finance Markets and Data Editor Jared Blikre looks at the array of thematic space ETFs and how they have been gaining since SpaceX's mega-IPO last Friday.

U.S. stocks dropped on speculation the Federal Reserve may raise interest rates this year to keep a lid on inflation. The S&P 500 slumped 1.2% Wednesday after the Fed released projections showing nearly half its policymakers foresee at least one increase to its main interest rate this year. The Dow Jones Industrial Average went from a gain of 0.5% in the morning to a drop of 1%, while the Nasdaq composite sank 1.3%.

AI companies like SpaceX need lots of AI chips -- and lots of memory chips from Micron to help them work.

US stocks (^DJI, ^IXIC, ^GSPC) ended Wednesday's session in negative territory after Federal Reserve officials unanimously voted to hold interest rates at their June FOMC meeting today, while also forecasting at least one possible rate hike ahead. Yahoo Finance Markets and Data Editor Jared Blikre breaks down the trading day's market reactions to the Fed's big decision. This was Kevin Warsh's first FOMC meeting he presided over as the new chairman of the Fed.

Stocks slide as interest rates remain the same and Fed Chair Kevin Warsh starts writing a shorter song for the biggest central bank in the world.

AST SpaceMobile (ASTS) launched three satellites into orbit on Wednesday, 17th June, and the stock jumped 6% in response. The reaction looks like a simple relief rally after a clean mission. It is actually a direct rebuttal to the specific argument Wall Street’s bears have been making for the past ...

SpaceX is more of an AI stock than a space stock -- and that's great news for Intel.

(Bloomberg) -- Apple Inc. is preparing a second-generation iPhone Air for spring 2027, aiming to boost the appeal of the slimmed-down device, according to people with knowledge of the matter.Most Read from BloombergRead the 14-Point Draft Memorandum Between the US and IranModi Warns of ‘Shortage of Trust’ Ahead of Trump MeetingIran’s Deputy Foreign Minister Confirms Deal Reached With USNetanyahu Pays a Political Price for Trump’s Iran DealApple Plans Camera AirPods Alongside Upgraded Foldable iP

(Updates with index/price moves and macroeconomic news from the first paragraph.) US equity index

Michael Saylor used a high-profile appearance at BTC Prague to address two separate issues at once: criticism over Strategy's (Nasdaq: MSTR) recent Bitcoin sale, and his own theory for why Bitcoin has been lagging this year. Speaking with Natalie Brunell, the Strategy co-founder and executive ...

Moody's Corporation (NYSE: MCO) is widening its blockchain push, bringing its Token Integration Engine (TIE) to the Solana network through a new integration with Alphaledger. In plain terms, the move lets companies that issue tokenized bonds on Alphaledger's platform attach Moody's credit ratings, ...

Johnson & Johnson has no plans to enter the booming obesity market, opting instead to focus on diseases such as cancer, CEO Joaquin Duato said in an interview for an upcoming episode of The David Rubenstein Show: Peer to Peer Conversations. The comments set J&J apart from many of its rivals that are trying to develop or acquire obesity medicines following blockbuster weight-loss drugs from Eli Lilly & Co. and Novo Nordisk.

Victoria's Secret & Co. (NYSE:VSCO) could continue delivering strong earnings growth as sustained sales momentum supports margin expansion, according to Bank of America, which maintained its ‘Buy’ rating on the retailer. Bank of America analysts wrote that recent sales trends have eased...

Stocks fell to session lows after Kevin Warsh wrapped up his first press conference as Fed chairman. The Dow fell 410 points, or 0.8%. The S&P 500 fell 1.1%. The Nasdaq dropped 1%. Warsh signalled big changes could be coming to how the central bank communicates, but he mostly said changes will be made after convening various task forces.

Ford is expected to hire 800 people at BlueOval Battery Park Michigan by year-end. It already has several hundred and here's where production stands.

(Bloomberg) -- Short-dated US Treasury yields leaped as Federal Reserve officials signaled they expect an interest-rate hike in the coming months, pushing traders to fully price in higher borrowing costs by October.Most Read from BloombergRead the 14-Point Draft Memorandum Between the US and IranModi Warns of ‘Shortage of Trust’ Ahead of Trump MeetingIran’s Deputy Foreign Minister Confirms Deal Reached With USNetanyahu Pays a Political Price for Trump’s Iran DealApple Plans Camera AirPods Alongs

The succession will mark the end of an era for the derivatives exchange, which transformed under Duffy’s long run.

Robinhood received a big price-target hike from Wall Street a day after revealing hefty job cuts. On Wednesday, Argus analyst Stephen Biggar raised his HOOD stock price target by 22% to $110, according to TheFly.com. Biggar kept a buy rating on shares a day after Robinhood announced a 10% workforce reduction.

Exxon Mobil (XOM) stock hasn’t been moving as much, considering the loud warnings from the oil market. The Guardian reports that Brent crude has been dropping fast as traders price in a reduction in Strait of Hormuz risks, and investors have reason to be cautious. Exxon dropped 6.52% over the ...