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APA Corporation Acquires Savant Alaska in $70 Million Deal
Insider Monkey67d agoneutral
APA Corporation Acquires Savant Alaska in $70 Million Deal

APA Corporation (NASDAQ:APA) is included among the 14 Best S&P 500 Stocks to Buy Now According to Analysts. APA Corporation (NASDAQ:APA) is an independent energy company that explores for, develops, and produces natural gas, crude oil, and natural gas liquids. APA Corporation (NASDAQ:APA) announced on June 10 that it had agreed to acquire Savant Alaska […]

Intel gets a $170 billion AI reason to matter again
TheStreet67d agoneutral
Intel gets a $170 billion AI reason to matter again

For much of the artificial intelligence boom, investors have heard one simple story. Graphics processing units were at the center of it all. That thesis made Nvidia (NVDA) a must-have in the stock market. It also drove investors to Advanced Micro Devices (AMD), Broadcom (AVGO), Marvell Technology ...

Investing.com67d agoneutral
GM in talks to supply weapons parts to Lockheed Martin- WSJ

Investing.com-- General Motors (NYSE:GM) is in talks with Lockheed Martin (NYSE:LMT) to manufacture components for the defense contractor’s weapons systems, the Wall Street Journal reported on Tuesday, citing people familiar with the matter.

Bloomberg67d agoneutral
SpaceX Investors at US Retail Brokers Got at Least One IPO Share

(Bloomberg) -- Customers at some of the largest retail brokerage firms in the US each received at least a single share in SpaceX’s $86.2 billion IPO, underscoring how the offering was designed to give individual investors a sizable role.Most Read from BloombergIran’s Deputy Foreign Minister Confirms Deal Reached With USUS and Iran Agree to Halt War, Restart Middle East Oil ShipmentsStudios in Microsoft’s Xbox Division Brace for ClosuresIran Signals No Deal Will Be Signed by Trump’s Sunday Timeli

Morgan Stanley executive sends strong prediction on Bitcoin
TheStreet67d agoneutral
Morgan Stanley executive sends strong prediction on Bitcoin

Bitcoin (BTC), which hit the all-time high (ATH) of $126,080 on Oct. 6 last year, is still struggling on the charts due to the market turmoil. Though the recent peace negotiation between the United States and Iran has boosted the hopes of crypto investors, Bitcoin is still trading 45% lower ...

Bloomberg67d agobearish
BlackRock Sheds Another 200 Jobs, Adopting Regular Cycle of Cuts

(Bloomberg) -- Larry Fink is embracing a quieter, continual cycle of rightsizing, as the world’s largest asset manager embarks on its latest round of job cuts.Most Read from BloombergIran’s Deputy Foreign Minister Confirms Deal Reached With USUS and Iran Agree to Halt War, Restart Middle East Oil ShipmentsStudios in Microsoft’s Xbox Division Brace for ClosuresIran Signals No Deal Will Be Signed by Trump’s Sunday TimelineStocks Climb as US-Iran Deal Spurs Slide in Oil: Markets WrapBlackRock Inc.

SpaceX IPO gives Elon Musk net worth number that stuns Wall Street
TheStreet67d agoneutral
SpaceX IPO gives Elon Musk net worth number that stuns Wall Street

Elon Musk recently posted on X, the social media platform he owns, that "whoever said 'money can't buy happiness' really knew what they were talking about." He's now in a position to test that theory at a scale nobody in history has ever faced. On June 12, 2026, SpaceX made its long-awaited stock ...

Wall Street rallies, Dow ends with record on US-Iran deal
Reuters Videos67d agobullishVIDEO
Wall Street rallies, Dow ends with record on US-Iran deal

<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.&nbsp;</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>

US closes probe into 2024 Delta Air Lines meltdown sparked by CrowdStrike outage
Reuters67d agobearish
US closes probe into 2024 Delta Air Lines meltdown sparked by CrowdStrike outage

June 15 () - The Trump administration said on ‌Monday it had ‌closed an investigation, without seeking ​any penalties, into a July 2024 meltdown at Delta Air Lines ‌sparked by ⁠a global outage from CrowdStrike that ⁠disrupted the travel plans of 1. The Biden ​administration ​opened a ‌probe into the incident after other major carriers were able to resume normal operations much ‌faster.

SpaceX to release results on website, X only, bypassing wire services
Reuters67d agoneutral
SpaceX to release results on website, X only, bypassing wire services

June 15 () - SpaceX will release quarterly and annual financial results, besides other material ‌news, only through its website and social ‌media account on X and not through wire distribution services, ​it said in a filing on Monday. The move marks a departure from standard corporate communication practices, which typically involve newswire services like Business Wire or ‌PR Newswire to ⁠reach a broad audience of investors and media outlets.