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Stay informed with timely coverage of the developments shaping companies, markets, and the broader investing landscape.

Trump Kills Housing Bill Over Voter ID

Trump Kills Housing Bill Over Voter ID

President Trump canceled the signing of the 21st Century ROAD to Housing Act hours before the ceremony, tying the bill's fate to his demand for unrelated voter ID legislation. Here is what the bill would have done and where things stand now.

Bitcoin Slump Drags Strategy Shares Below $100

Bitcoin Slump Drags Strategy Shares Below $100

Strategy (MSTR) shares fell below $100 for the first time since March 2024 as Bitcoin dropped to a two week low near $60,935. Here is what is driving the selloff in the stock and its preferred shares.

Broke USPS Asks Congress for a Cash Rescue

Broke USPS Asks Congress for a Cash Rescue

The U.S. Postal Service has told Congress it is out of cash and borrowing from employee retirement funds to stay open. Postmaster General David Steiner warns the agency could hit negative $125.9 billion by 2035 without major reforms.

Cerebras Earnings Beat Projections But Stock Falls

Cerebras Earnings Beat Projections But Stock Falls

Cerebras beat Wall Street's revenue and loss estimates in its first public earnings report, but a sharp drop in gross margin guidance sent shares tumbling 15% on Wednesday, leaving them nearly 40% below their first day closing price.

Memory Squeeze May Lift Micron Earnings

Memory Squeeze May Lift Micron Earnings

Cantor Fitzgerald analyst CJ Muse argues Micron's earnings cycle extends further than most expect, with a $200 EPS bull case pointing to a stock trading at just five times earnings. Fiscal Q3 results land after the close on June 24, 2026.

Oil Prices Fall to Lowest Point Before Iran War

Oil Prices Fall to Lowest Point Before Iran War

Brent crude fell to $73.50 a barrel on Wednesday, its lowest since before the Iran war began, as U.S.-Iran peace talks in Switzerland advanced and a deal to reopen the Strait of Hormuz took shape. Gas prices are down but still elevated.

Alignment Healthcare Insider Sale of $550K Signals No Alarm

Alignment Healthcare Insider Sale of $550K Signals No Alarm

Alignment Healthcare EVP Joseph Konowiecki sold $550,000 in stock on June 18 — but the trade was prearranged, he kept over 1.15 million shares, and the company just posted 33% revenue growth. Here's what actually matters.

NXP Semiconductors, Universal Display Shares Fall

NXP Semiconductors, Universal Display Shares Fall

SK Hynix's decision to slow its HBM4 ramp spooked the chip sector this week — but the real story is about margins, not AI demand. Here's what the selloff in Micron, NXP, and Nvidia actually signals.

Premium Freight Lifts FedEx Revenue

Premium Freight Lifts FedEx Revenue

FedEx beat quarterly earnings estimates as premium B2B freight volumes and $1 billion-plus in cost savings lifted results. Here's what drove the numbers — and what a new pilot contract and freight spinoff mean for the road ahead.

ZORYVE Revenue Jumps 65% as Director Sells Stock

ZORYVE Revenue Jumps 65% as Director Sells Stock

Arcutis director Sue-Jean Lin sold $121,000 worth of ARQT shares on June 15, 2026, via a prearranged plan. Meanwhile, the company's ZORYVE franchise posted 65% revenue growth — here's what investors should focus on.

Oil Storage May Drive Next Demand Surge

Oil Storage May Drive Next Demand Surge

The Strait of Hormuz closure stranded over 10 million barrels per day and drained reserves worldwide. Now India, Australia, Singapore, and Saudi Aramco are spending billions to ensure they're never caught this exposed again.

Dow Jones Drops Verizon, Adds Near-Monopoly

Dow Jones Drops Verizon, Adds Near-Monopoly

Alphabet is replacing Verizon in the Dow Jones Industrial Average on June 29. Here's why the committee made the call, what it means for the price-weighted index, and what Alphabet brings to a 130-year-old benchmark.

China black market Nvidia AI chip prices double

China black market Nvidia AI chip prices double

Nvidia's most coveted AI chips are selling for more than twice their standard price on China's black market, according to a Financial Times report citing multiple chip traders. Here's what the price spike reveals about demand and export restrictions.

AI Model Shut Down by Government

AI Model Shut Down by Government

The U.S. government shut down Anthropic's Fable 5 AI model just three days after launch, Fox announced a $22 billion Roku buyout, and a tentative Iran deal rattled oil markets. Here's what investors need to know.

Salesforce Stock Climbed on a Rough Tuesday

Salesforce Stock Climbed on a Rough Tuesday

Salesforce shares climbed more than 2% on a brutal Tuesday for tech, lifted by a Citizens analyst who reaffirmed his $315 target and praised the company's $3.6 billion deal to acquire AI customer-agent firm Fin.

Bourbon and beer maker files Chapter 7

Bourbon and beer maker files Chapter 7

Craft beer bankruptcies are piling up as Americans drink less and watch their wallets. Goodwood Brewing, 3rd Level, The Brewer's Art and Magic City all collapsed amid falling alcohol sales and mounting debt.

UPS Invests $50M in GLP-1 Cold Storage

UPS Invests $50M in GLP-1 Cold Storage

UPS is pouring $48 million into 27 temperature-controlled facilities, betting that surging demand for cold-stored medicines like GLP-1 injectables makes healthcare logistics its most recession-proof growth engine.

AI's Trillion-Dollar Shockwave Ahead

AI's Trillion-Dollar Shockwave Ahead

Bitzero signed a binding $2.6 billion, 15-year lease with OneQode for 110 MW in Norway, flipping a Bitcoin miner into an AI infrastructure landlord while its market cap lags peers like IREN and TeraWulf.

Flipkart Grows Quick Commerce as Amazon Expands in India

Flipkart Grows Quick Commerce as Amazon Expands in India

Flipkart Minutes hit 1,000 micro-fulfillment centers in under two years and is targeting 1,500 by end of 2026, intensifying India's quick-commerce race against Blinkit, Zepto, Swiggy Instamart and Amazon Now.

Dye & Durham CEO Steps Down

Dye & Durham CEO Steps Down

Dye & Durham's CEO George Tsivin has resigned after about a year, with no reason given. A board committee will run the legal software maker while it hunts for a permanent chief executive.

Super Micro Stock Hits Its Best Valuation in 18 Months

Super Micro Stock Hits Its Best Valuation in 18 Months

Supermicro stock is trading below 10 times forward earnings after a sharp selloff, but a cheap valuation and a complicated story don't always add up to a buying opportunity. Here's what the numbers actually show.

Social Security Cuts Loom Soon

Social Security Cuts Loom Soon

Social Security's main trust fund could run dry by late 2032, triggering an automatic 22% benefit cut unless Congress acts. Here's the timeline, the math behind a reduced check, and why the usual fixes are so unpopular.