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    Elon Musk’s net worth plunges $300B as SpaceX stock crashes

    by admin June 23, 2026
    by admin June 23, 2026

    SpaceX stock price has suffered a major crash a few days after it launched the biggest initial public offering (IPO) on record. SPCX tumbled to $154, down sharply from its…

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  • Stock

    Amazon Prime Day begins today: Here’s what AMZN investors should know

    by admin June 23, 2026
    by admin June 23, 2026

    AMZN kicked off its 12th annual Prime Day event on Tuesday, launching a four-day shopping extravaganza featuring millions of deals across more than 35 countries. For the e-commerce giant, Prime…

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  • Stock

    Nio, XPeng, Li Auto, BYD, Polestar: Why are China EV stocks tumbling?

    by admin June 22, 2026
    by admin June 22, 2026

    China EV stocks are in a strong freefall this year as investors remain pessimistic about their growth prospects. Nio stock slipped to $5 on Friday, down nearly 30% from its…

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  • Stock

    Chevron stock slips despite long-term Microsoft AI power agreement

    by admin June 22, 2026
    by admin June 22, 2026

    Shares of Chevron Corporation CVX traded lower after the oil major announced a long-term agreement with Microsoft Corporation to supply electricity to a massive artificial intelligence data center in West…

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  • Stock

    Top 3 catalysts for the S&P 500 Index this week

    by admin June 21, 2026
    by admin June 21, 2026

    The S&P 500 Index remained under pressure last week after the Federal Reserve delivered a highly hawkish interest rate decision. It also wavered as investors reacted to the new ceasefire…

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  • Stock

    Why Diageo, Heineken and Anheuser-Busch are battling falling alcohol demand

    by admin June 20, 2026
    by admin June 20, 2026

    Alcohol companies have had fewer reasons to say “cheers” in recent years. Volumes have been falling, and the entire business model is undergoing a structural shakeup as younger people drink…

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  • Stock

    Why a hawkish Fed isn’t scaring Wall Street

    by admin June 20, 2026
    by admin June 20, 2026

    US stocks are showing surprising resilience as Wall Street increasingly abandons expectations for near-term Federal Reserve rate cuts. Several major financial institutions have recently pushed back their forecasts for monetary…

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  • Stock

    UK markets cautious as political and geopolitical risks mount

    by admin June 19, 2026
    by admin June 19, 2026

    UK equities were largely unchanged on Friday as the cancellation of US-Iran peace talks in Switzerland dampened investor sentiment and kept risk appetite subdued. Gains in energy and healthcare stocks,…

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  • Stock

    Cathie Wood buys more Tesla, cuts Roku as ARK doubles down on AI

    by admin June 19, 2026
    by admin June 19, 2026

    Cathie Wood’s ARK Invest increased its exposure to Tesla and Snowflake on Thursday while continuing to trim its position in Roku, according to the firm’s latest daily trading disclosures. The…

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  • Stock

    Dow opens 349 points higher as chip stocks rally on Iran deal optimism

    by admin June 18, 2026
    by admin June 18, 2026

    US stocks opened higher on Thursday as investors looked to recover from the previous session’s selloff, with optimism surrounding a temporary US-Iran peace agreement helping offset concerns about a more…

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