Iran’s threats against this Red Sea choke point are a big vulnerability for the oil market
Oil prices would spike if Iran’s Houthi allies started attacking ships passing through the Bab el-Mandeb Strait.
Meta’s stock sinks on report company could raise tens of billions of dollars to fund AI push
Meta shares dropped after the Financial Times reported the company could potentially raise tens of billions of dollars in a stock offering to help its AI push.
Apple’s WWDC: Tim Cook’s AI legacy at stake in his final developer conference as CEO
Apple heads into WWDC with Tim Cook’s AI legacy, Siri’s future as an agentic platform, and the stock’s rich valuation all on the line.
Odds of a Fed hike this year jump on prediction markets
Following an unexpectedly hot jobs report, prediction market traders see a 52% chance the Federal Reserve increases interest rates this year.
The gold chart looks precarious. Here’s how to profit
Gold is at a technically precarious juncture, and the good news for you is that options market may be mispricing the risk.
LinkedIn co-founder Reid Hoffman is leaving Microsoft’s board after almost a decade
Reid Hoffman was one of OpenAI’s first donors, and he left its board in 2023 as the nonprofit cozied up with Microsoft.
Amazon unveils latest warehouse robot as tech giants continue AI layoffs
“Our experience of robots is that it’s actually driven up employment rather than the reverse,” Amazon executive John Boumphrey told CNBC.
Bitcoin cracks $60,000, sinking to lowest level since October 2024
The weeklong sell-off was exacerbated after a stronger-than-expected May jobs report Friday sent yields higher and pressured risk assets.
Stocks making the biggest moves premarket: Lululemon, Micron, ServiceTitan, Strategy & more
These are the stocks posting the largest moves premarket.
India’s economy expands at 7.8% over January to March — faster than expected
The world’s fastest growing major economy, India, has been facing major headwinds due to the conflict in Middle East that began end of February.
