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Oracle awarded US contract to provide government-wide HR software
Reuters73d agoneutral
Oracle awarded US contract to provide government-wide HR software

President Donald Trump's administration has awarded Oracle a contract to provide a ‌U.S. government-wide HR platform, according to a statement, making ‌the company a partner in its effort to overhaul federal technology systems. Oracle will ​provide a cloud-based HR platform to replace the individual systems of agencies, Office of Personnel Management Director Scott Kupor said in a statement on Wednesday. OPM is the federal government's HR office. ‌OPM did not provide ⁠the total value of the contract.

SpaceX’s IPO is 4X Oversubscribed. There’s a Surprising Reason That Number Should Scare IPO Buyers
24/7 Wall St.73d agobullish
SpaceX’s IPO is 4X Oversubscribed. There’s a Surprising Reason That Number Should Scare IPO Buyers

The excitement surrounding SpaceX’s IPO has reached a level rarely seen in modern markets. Investors have spent years waiting for a chance to own a piece of Elon Musk’s rocket giant, and demand has poured in from both Wall Street institutions and retail investors. According to Bloomberg, multiple institutional investors have submitted orders exceeding $10 ... SpaceX’s IPO is 4X Oversubscribed. There’s a Surprising Reason That Number Should Scare IPO Buyers

Why is Robinhood surging on June 10?
TheStreet73d agoneutral
Why is Robinhood surging on June 10?

Robinhood Markets (NASDAQ: HOOD) jumped more than 8% during market hours on June 10, trading around $90 at press time. The rally followed a cluster of updates that landed in quick succession, spanning a major purchase, a fresh regulatory milestone, and strong monthly trading data. A regulatory ...

Best Buy CEO drops major consumer warning on her way out
TheStreet73d agobearish
Best Buy CEO drops major consumer warning on her way out

As we head into summer, Americans are spending more money than ever. But they don’t seem to feel very good about it. In April 2026, consumer spending rose by $111 billion, according to the Bureau of Economic Analysis. But confidence in the economy hit two-year lows, with 65% of consumers telling ...

Visa plugs its payment network into ChatGPT, letting AI agents shop and pay for users
Associated Press73d agoneutral
Visa plugs its payment network into ChatGPT, letting AI agents shop and pay for users

Payments giant Visa said Wednesday that it has embedded its payment network inside of ChatGPT, empowering the chatbot to independently shop and complete transactions on behalf of its user. It means AI agents can not only recommend products but complete the purchase on the user’s behalf, at potentially any merchant that accepts Visa. The payment network's previous attempts at this technological leap were confined to a single retailer or a small set of enrolled merchants.

Tesla gets go-ahead to sell self-driving technology in Belgium
Reuters73d agobearish
Tesla gets go-ahead to sell self-driving technology in Belgium

Tesla Full Self-Driving supervised driver ‌assistance software has been ‌authorised in Belgium, Annick De Ridder, ​the transport minister of Flanders region said on Wednesday in a post on X. The approval ​allows Tesla ​to roll ‌out its technology after the company successfully carried out a series of tests in the country, she said. Belgium is ​the third country in the EU to do so ​after ‌the Netherlands and Lithuania.

The Price of Silver Just Collapsed. Here’s Why the SpaceX IPO Could be the Start of a Silver Boom.
24/7 Wall St.73d agoneutral
The Price of Silver Just Collapsed. Here’s Why the SpaceX IPO Could be the Start of a Silver Boom.

Silver investors absorbed a sharp drawdown over the past month. The iShares Silver Trust (NYSEARCA:SLV), the largest physical silver-backed ETF, closed at $59.01 on June 9, 2026, after a brutal stretch that wiped out weeks of gains. However, a critical-minerals expert who appeared on the All-In Podcast argues that the world could effectively run out ... The Price of Silver Just Collapsed. Here’s Why the SpaceX IPO Could be the Start of a Silver Boom.

Microsoft limits employee use of Anthropic's Claude Fable 5 over data retention concerns, The Verge reports
Reuters73d agoneutral
Microsoft limits employee use of Anthropic's Claude Fable 5 over data retention concerns, The Verge reports

Microsoft is limiting employees' use of Anthropic's Claude Fable 5 because of the AI startup's ‌new data retention requirements, The Verge reported on Wednesday, ‌citing sources. Anthropic on Tuesday said it is rolling out Claude Fable 5, a ​public version of its Mythos AI model, with guardrails barring its use in risky areas such as cybersecurity. Claude Fable 5 is the most powerful model Anthropic has made available for wider use, with ‌the company citing its ⁠performance in software engineering and analytics.

AI boom sparks rally, frenzy and fear
Reuters73d agobullish
AI boom sparks rally, frenzy and fear

An AI boom has driven stock markets to record highs, big tech firms are piling hundreds of billions of dollars into new tech, while consumers, workers and businesses are grappling with existential questions unleashed by ‌the likes of ChatGPT and Claude. Some analysts say Artificial Intelligence will boost productivity and make businesses more profitable. Meanwhile the market frenzy over Elon Musk's SpaceX has reached fever pitch ahead of its IPO expected on Thursday afternoon.

SpaceX vs. Mag 7: How disruptive will its IPO be to AI trade?
Yahoo Finance Video73d agoneutralVIDEO
SpaceX vs. Mag 7: How disruptive will its IPO be to AI trade?

How disruptive will SpaceX's (SPAX.PVT) IPO this Friday, June 12, be to AI trade and Magnificent Seven tech stocks? JonesTrading chief market strategist Michael O'Rourke shares his thoughts. SpaceX is expected to go public on the Nasdaq this week under the ticker SPCX, with the space operator aiming for an IPO price of $135 per share.

MicroStrategy CFO sells company shares amid stock plunge
TheStreet73d agobearish
MicroStrategy CFO sells company shares amid stock plunge

The Strategy (Nasdaq: MSTR), née MicroStrategy, stock continued to decline on the price chart even days after the world's leading Bitcoin (BTC) treasury company announced its first BTC sale in years on June 1. The stock has lost 40% of its value over the past month and closed at $117.02 on ...

JPMorgan says tax refunds no match for American gas spending
TheStreet73d agoneutral
JPMorgan says tax refunds no match for American gas spending

The American consumer has spent years absorbing shocks that economists expected to break spending. Covid pandemic disruptions, the fastest inflation in four decades, aggressive interest rate hikes, and the Iran war energy price surge in April 2026 all tested household finances, and spending held up ...

Bloomberg73d agoneutral
SpaceX IPO Is Said to Be More Than Four Times Oversubscribed

(Bloomberg) -- SpaceX’s initial public offering has attracted demand for more than four times the available shares, according to people familiar with the matter, ahead of the Elon Musk-led rocket, satellite and artificial intelligence firm stopping taking orders.Most Read from BloombergHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’Stocks Fall as US-Iran Tension Spurs Rally in Oil: Markets WrapUS Launches Strikes Against Iran After Helicopter Shot DownUS Strikes Iran After Helicopt