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Wall Street is Braced for Massive Inflation Numbers Wednesday Morning. Here’s What Numbers Could Cause Stocks to Sink or Soar.
24/7 Wall St.74d agobullish
Wall Street is Braced for Massive Inflation Numbers Wednesday Morning. Here’s What Numbers Could Cause Stocks to Sink or Soar.

At 8:30 a.m. ET this morning, the Bureau of Labor Statistics releases the May Consumer Price Index. There has not been a more loaded macro release in months. The Federal Reserve has already cut its policy rate 75 basis points from last September’s peak, to an upper bound of 3.75%, and the bond market is ... Wall Street is Braced for Massive Inflation Numbers Wednesday Morning. Here’s What Numbers Could Cause Stocks to Sink or Soar.

How To Earn $500 A Month From Oracle Stock Ahead Of Q4 Earnings
Benzinga74d agoneutral
How To Earn $500 A Month From Oracle Stock Ahead Of Q4 Earnings

Oracle Corporation will release earnings for its fourth quarter after the closing bell on Wednesday, June 10. Analysts expect the company to report quarterly earnings of $1.96 per share, up from $1.70 per share in the year-ago period. The consensus...

Parabilis sets a record with a $670M biotech IPO
BioPharma Dive74d agoneutral
Parabilis sets a record with a $670M biotech IPO

The largest-ever new stock sale for a venture-backed biotech company extends a streak of large IPOs in 2026 that’s now resulted in 12 drug startups securing more than $4.1 billion combined.

3 Reasons Tesla Stock Is So Volatile This Week
Barrons.com74d agoneutral
3 Reasons Tesla Stock Is So Volatile This Week

Tesla stock was lower early Wednesday after a flare-up in tensions in the Middle East, leaving investors nervous. Shares of the electric-vehicle maker were down 1.5% at $390.91 in premarket trading, while and futures were down 0.8% and 0.7%, respectively. The move came after the U.S. military retaliated after Iran downed an Apache helicopter, threatening a fragile cease-fire.

LinkedIn launches new effort in push to capture business advertisers
Reuters74d agoneutral
LinkedIn launches new effort in push to capture business advertisers

LinkedIn is aiming to burnish its position as a go-to platform for business advertisers with a new team of marketing experts ‌that it expects to generate an annualized run rate of $100 million next fiscal year, ‌a source familiar with the matter said. The Microsoft-owned platform on Wednesday unveiled BrandWorks, the newly assembled team that aims ​to deliver higher-performing ad campaigns for customers ranging from software giant SAP to privately held website hosting platform Webflow. "We're developing services that are designed to meet the marketer where they are," said Alex Josephson, VP of BrandWorks, who previously built a similar offering called Twitter Next.

Analysis-Airbus leans towards Saab as Franco-German fighter unravels
Reuters74d agoneutral
Analysis-Airbus leans towards Saab as Franco-German fighter unravels

PARIS/BERLIN, June 10 (Reuters) - Airbus is increasingly looking to Sweden's Saab as a preferred future partner as the collapse of a Franco-German fighter programme reshapes European defence alliances, three people familiar with the matter said. Teaming up on warfare with the maker ‌of Gripen combat jets is not the only option for Airbus, which represents Germany and Spain in the fighter market.

A glossary to help understand what happens in an initial public offering
Associated Press74d agoneutral
A glossary to help understand what happens in an initial public offering

Anyone following SpaceX's plans to sell shares to the public is likely to hear terms thrown around that describe steps and components of an initial public offering. It is the first time a company's value will be determined by a public market. For example, Apple is traded as “AAPL” on the Nasdaq and Macy's is traded as “M” on the New York Stock Exchange.

Inflation Is Picking Investors’ Pockets
The Wall Street Journal74d agoneutral
Inflation Is Picking Investors’ Pockets

Investors are putting more thought and energy into minimizing taxes and investment fees these days. Today’s U.S. consumer-price index report and Fed Chairman Kevin Warsh’s debut following next week’s rate decision will give investors an important reading on the cost of living and how much of a priority controlling it is in Washington. The Fed’s preferred inflation gauge has been running above its own target for 62 months straight.

A Look At Southern Copper (SCCO) Valuation After Record Earnings And Higher Production Guidance
Simply Wall St.74d agoneutral
A Look At Southern Copper (SCCO) Valuation After Record Earnings And Higher Production Guidance

Southern Copper (SCCO) is back in focus after reporting record quarterly net income that exceeded analyst expectations, raising its 2026 production guidance and highlighting continued progress at the Tia Maria project in Peru. See our latest analysis for Southern Copper. Despite the earnings surprise and higher 2026 production guidance, Southern Copper’s 7 day share price return is down 13.0% and the 90 day share price return is down 7.9%, while the 1 year total shareholder return of 90.9%...

At Musk’s Starbase, the rise of SpaceX brings fortunes and fractures
Reuters74d agoneutral
At Musk’s Starbase, the rise of SpaceX brings fortunes and fractures

The last time SpaceX launched a rocket in South Texas, charter boat captain Eddie Reyes was bobbing in a pontoon boat less than 2 miles from the pad with a group of paying passengers. The arrival of SpaceX has brought good business to Reyes and his family. Since the establishment of Starbase, Elon Musk’s company town, his charter boat business has picked up ‌as space fans flock to the area for a glimpse of launches.

Analysis-Why the blockbuster SpaceX IPO may spell more bad news for crypto
Reuters74d agoneutral
Analysis-Why the blockbuster SpaceX IPO may spell more bad news for crypto

SpaceX's much-anticipated $75 billion initial public offering, set to be the largest ever, will likely keep cryptocurrency prices in the doldrums as retail investors attracted to new and risky artificial intelligence stocks scramble to get a slice of the action. Celebrity billionaire Elon Musk's ‌rocket and satellite communications company - which merged with his AI startup xAI earlier this year - is expected to fetch a valuation of around $1.75 trillion, ‌sparking a Wall Street and media frenzy. The company has set aside up to 30%, or $22.5 billion, of shares for retail investors, Reuters and other outlets have reported, in a rare move for a blockbuster IPO ​that historically have been dominated by institutional investors.

Starbucks Evaluates Sale and IPO Options for Japanese Operations (SBUX)
InvestorsHub74d agoneutral
Starbucks Evaluates Sale and IPO Options for Japanese Operations (SBUX)

Starbucks (NASDAQ:SBUX) is reportedly reviewing strategic alternatives for its business in Japan, including a possible partial divestment or public listing, according to a Bloomberg News report citing people familiar with the matter. The coffee chain has held early-stage discussions with investment banks as it assesses options for its Japanese subsidiary, one of the company’s most significant international operations.