U.S., Iran reach peace deal; markets rally, oil tumbles
The U.S. and Iran agreed to end months of conflict after the Strait of Hormuz was shut; stock futures jumped and oil prices fell sharply on the news.
US Top News and Analysis · +14 outlets
SpaceX IPO debuts at $2 trillion valuation, reshapes market landscape
SpaceX became the sixth most-valuable U.S. company after its Nasdaq debut Friday despite having a fraction of megacaps' revenue, with strong investor demand and
US Top News and Analysis · +14 outlets
Kevin Warsh leads first Fed meeting as chair amid rate uncertainty
New Federal Reserve Chair Kevin Warsh presides over his first monetary policy meeting as Wall Street grapples with uncertainty about rate trajectory and Trump a
MarketWatch.com · +14 outlets
Anthropic disables top AI models after U.S. export restrictions order
Anthropic disabled access to its Fable 5 and Mythos 5 models to comply with a U.S. government order limiting foreign access to advanced AI, forcing company outr
All News · +14 outlets
Paramount-Warner Bros. merger cleared by U.S. Justice Department
The Justice Department approved Paramount's acquisition of Warner Bros., allowing a major consolidation in entertainment.
All News · +14 outlets
TSMC revenue surges 30% in May on relentless AI chip demand
Taiwan Semiconductor Manufacturing Company posted strong May revenue growth driven by accelerating artificial intelligence processor orders.
Barchart · +5 outlets
OpenAI faces multistate investigation into potential user harm
A coalition of state attorneys general launched a probe into OpenAI for possible user harm as the company approaches an IPO.
The New York Times · +9 outlets
Meta made 'mistakes' in AI workforce shift, Zuckerberg says
Mark Zuckerberg acknowledged mistakes in Meta's AI strategy after hiring Alexandr Wang a year ago, with underwhelming results so far.
US Top News and Analysis · +14 outlets
Microsoft CEO hints at Xbox overhaul and potential spinoff plans
Microsoft's CEO signaled the company is rethinking Xbox strategy, including potential spinoff plans and new game development.
Kotaku · +4 outlets
Pimco warns of rising defaults in debt markets, urges fixed income positioning
The bond giant cautioned that credit defaults are starting again and advised investors to anchor portfolios with fixed income amid stretched equity valuations.
MarketWatch.com
MRVL added to S&P 500 index, stock jumps in after-hours trading
Marvell Technology surged after S&P 500 inclusion, a notable index reshuffling amid broader market shifts.
Stocktwits · +14 outlets
Amazon launches Graviton5 processor to customers, competing in AI infrastructure
Amazon made its custom Graviton5 chip generally available, expanding its AI and infrastructure capabilities.
Barchart · +14 outlets
Caterpillar raises dividend 8% as Dow rebounded from sell-off
CAT boosted its dividend payout, signaling confidence as the broader market recovered.
MSN · +3 outlets
Oil executives warn Trump that gasoline prices will worsen
Energy leaders sent a blunt message to the Trump administration that fuel costs will rise, conflicting with the administration's economic messaging.
TheStreet · +14 outlets
Cadence-Intel deal signals bullish thesis on agentic AI adoption
A partnership between Cadence and Intel backs momentum in autonomous AI agent development.
Barchart
Multiple product recalls underway: infant formula, cheese, alfredo sauce
Health authorities expanded recalls of food products linked to botulism and listeria outbreaks across multiple categories.
NBC News · +4 outlets
Gold prices trending down amid shifting Fed and geopolitical outlooks
Gold's record rally faltered as central bank policy shifts and Iran deal news weighed on the safe-haven asset.
All News · +14 outlets
Elon Musk and Larry Page's companies SpaceX, Google now aligned despite personal drift
SpaceX and Google celebrated a closer working relationship after drifting apart personally, signaling renewed partnership potential.
US Top News and Analysis · +6 outlets