Philip Morris International Inc. (NYSE:PM) ranks among the best sin stocks to buy for recession protection. Morgan Stanley boosted Philip Morris International Inc. (NYSE:PM)’s price objective to $200 from $190 on June 3, retaining an Overweight rating on the stock. The firm referenced the company’s planned launch of Zyn Ultra and an IQOS Japan revamp […]
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Steak and Shake is saving roughly 50% on payment processing fees by accepting Bitcoin, and projecting $6 million in annual savings if its full credit-card customer base made the switch. That number, confirmed again in a June 2026 company statement, makes the 90-year-old burger chain one of the most concrete ...
Shipping companies are at the forefront of efforts to both seek payback from the government for tariffs illegally collected under the International Emergency Powers Act and pass on the money to customers.
The LTL carrier has its sights set on gaining market share in the healthcare, grocery and technology markets as an independent company.
EU member states have agreed to continue holding off retaliatory tariffs against the US related to t
Most drivers replace their vehicles the same way: make payments for a few years, trade the car in, then start the cycle over again. A portfolio can break that cycle by generating enough income to fund future replacements. With the average new vehicle now costing roughly $48,000 to $49,000 and inflation continuing to push prices ... The Portfolio That Buys You A New Car Every Three Years
PNC Financial Services Group has recently proposed an 18% increase in its quarterly common stock dividend to US$2.00 per share for the third quarter of 2026, following Federal Reserve and company-run stress test results that kept its stress capital buffer at the regulatory minimum of 2.5%. This combination of a higher prospective dividend and confirmation of capital resilience highlights how PNC is using regulatory clarity to underpin shareholder returns and capital deployment...
The Morning Bull - US Market Morning Update Friday, Jun, 26 2026 US stock futures are pointing higher this morning, with E-mini S&P 500 contracts up about 0.7% and Nasdaq-100 futures ahead more than 2%, as investors focus on three big signals. First, the Fed's preferred inflation gauge, PCE for May, is expected to run hotter, which simply means the cost of living may not be easing as quickly as households would like and could keep interest rates higher for longer. Second, US oil inventories...
In June 2026, President Trump signed executive orders and committed multi-billion-dollar federal funding to accelerate U.S. quantum computing development and adoption of quantum-resistant encryption, creating new opportunities for providers like D-Wave Quantum through future government contracts and standards-setting. Ahead of its planned gate-model systems, D-Wave Quantum has unveiled an error-aware gate-model simulator and outlined a roadmap targeting up to 100 logical qubits by 2032,...
The cryptocurrency market meltdown continued on Thursday as fears of rising inflation and potential rate hikes weighed on investor sentiment Cryptocurrency24-Hour Gains +/-Price (Recorded at 9:35 p.m. EDT)Bitcoin (CRYPTO: BTC)-2.45%$59,273.96Ethereum (CRYPTO: ETH) -3.68%$1,558.39XRP (CRYPTO: XRP) -4.04%$1.02Solana (CRYPTO: SOL) -0.71%$67.16Dogecoin (CRYPTO: DOGE) -3.11%$0.07384 Crypto Market Turns Bloody Red Bitcoin’s descent showed no signs of slowing down, as the apex cryptocurrency fell below
Earlier this week, Wells Fargo & Company cleared the Federal Reserve’s 2026 stress test with its stress capital buffer unchanged at 2.5% and stated it expects to lift its third-quarter 2026 common dividend by 11% to US$0.50 per share, pending board approval in July. This combination of a clean bill of health from regulators and a planned cash return increase underscores Wells Fargo’s current capital strength and confidence in its balance sheet resilience. We’ll now examine how Wells Fargo’s...
From a victor come the spoils.
Shares of iPhone and iPad maker Apple (NASDAQ:AAPL) fell 5.2% in the afternoon session after it officially raised prices across Macs, iPads, home devices and the Vision Pro, a rare mid-cycle hike that the market read as confirmation that memory-cost inflation is squeezing its margins.

<body><p>STORY: U.S. stocks ended mixed on Thursday, with the Dow ticking up more than a tenth of a percent, while the S&P 500 closed flat and the Nasdaq dropped nearly half a percent.</p><p>Technology shares reversed early gains to move lower, as investors worried about hyperscaler spending on AI and who foots the bill.</p><p>:: Micron</p><p>Those fears outweighed upbeat signals on AI demand from Micron, which gained nearly 16%, while shares of Sandisk soared 22%.</p><p>Brian Mulberry, chief market strategist at Zacks Investment Management, notes that it's memory chip makers that are now leading the charge. </p><p>"What's different about Micron, SanDisk, Western Digital, those types of names that are doing so well is that they're memory chips. And you have to have memory, specifically DRAM or H-band memory, if you're going to have enough computing power to do all the computations. That is nothing if you don't have memory to transfer it from one place to another. So one of the reasons that these stocks have done so well and the growth at Micron is so solid is because a recent redesign in the server technology means we go from eight memory chips per server to 96. That's 12 times growth in demand for this one simple component."</p><p>The surging prices of memory and storage chips prompted Apple on Thursday to hike prices for its iPads and MacBooks. That weighed on the stock, sending it down more than 6%. Shares of Nvidia, Microsoft and Alphabet also dropped.</p><p>:: Archive</p><p>Among other movers, shares of Bio-Techne jumped after Merck agreed to acquire the biotech firm for $73 per share in cash, representing a total enterprise value of about $11.3 billion.</p><p>:: Archive</p><p>Meanwhile, U.S. Department of Commerce data on Thursday showed the annual inflation rate through May rose above 4% for the first time in three years, but oil prices this week fell to below pre-war levels.</p></body>
FedEx Freight expects profit margin to grow by more than 9% in the back half of the year, up more than a point from last year’s growth. The post FedEx Freight forecasts growth as standalone company appeared first on FreightWaves.
FedEx Freight which spun off from FedEx on June 1, beat analyst expectations for revenue in its first earnings report as a standalone company. Its fourth-quarter revenue came in at $2.4 billion, ahead of analyst estimates just shy of $2.3 billion. FedEx Freight focuses on less-than-truckload (LTL) deliveries to industrial customers that don’t need a full truck to send items short distances.
FOMC policy rates may well be the most important factor -- for stocks.
Investing.com -- FedEx Freight on Thursday outlined a stronger earnings outlook for the remainder of 2026 as it begins operating as an independent publicly traded company, despite reporting sharply lower quarterly profit due to separation-related costs, weaker shipment volumes and higher labor expenses.
The company expects revenue to grow 4% to 6% for June 1 to Dec. 31, and said the outlook reflects its confidence in the underlying strength of the business..
Eric Criscuolo, NYSE Market Strategist, recaps a volatile week as the S&P 500 declined amid weakness across mega-cap and AI-linked names. A growing divide within the AI trade emerged, with hyperscalers and software under pressure while memory and chip suppliers saw sharp swings. Despite index weakness, market internals held firm, with eight sectors higher and small caps outperforming. Rotation into Healthcare and Financials accelerated alongside falling oil prices, easing yields, and shifting Fed expectations. Focus now turns to quarter-end flows, key data including payrolls, and evolving AI spending trends.
The dividend increases from JPMorgan and Goldman Sachs underscore the strength of the U.S. banking sector following another successful round of Federal Reserve stress tests.
Coca-Cola is heading into a critical federal appeals court hearing over a very large US$20.00 billion tax dispute with the IRS related to transfer pricing and profit allocations between its US operations and foreign subsidiaries for 2007–2009, with potential knock-on effects for its tax liabilities through 2025. Because the case could reshape how multinationals allocate profits across borders, the ruling may influence Coca-Cola’s long-term cash flows, capital allocation, and how investors...
US equity indexes were mixed on Thursday after Micron Technology's (MU) better-than-expected quarter
Banks have been going on a dividend spree after sailing through the Federal Reserve’s latest stress test. Major banks rushed to announce increased dividends and buyback programs after acing the Fed’s latest test of their financial health. JPMorgan Chase Morgan Stanley Citigroup and Goldman Sachs all announced divided increases, while JPMorgan Chase and Morgan Stanley also detailed new buyback initiatives.
Lockheed Martin (NYSE:LMT) is a stock worth owning for decades because its revenue is effectively underwritten by the U.S. government and a global alliance system that does not negotiate down its threat environment to suit a recession. For a retirement investor who has already paid tuition chasing momentum, it fits the profile of a long-duration ... 1 Rare Dividend Stock Built to Survive Any Recession
Meta has hired the founding team of security startup Virtue AI to protect its upcoming autonomous software agents amid growing federal oversight.