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Former Apple employees took confidential information to OpenAI to advance the AI company’s device efforts, Apple claims.

<body><p>STORY: U.S. stocks closed higher on Friday, with the Dow gaining nearly three-tenths of a percent, the S&P 500 adding more than four-tenths of a percent to end just short of a record high, and the Nasdaq climbing nearly three-tenths of a percent.</p><p>The AI trade returned to the spotlight after South Korean memory chip maker SK Hynix ended almost 13% above its offer price at $168 in a blockbuster U.S. listing. The company raised over $26 billion on Thursday by selling American Depositary Receipts priced at $149 each.</p><p>U.S. stocks added to gains after President Donald Trump said that Iran had asked to continue talks and the U.S. had agreed, but that the June ceasefire was "over."</p><p>Ross Mayfield is investment strategist at Baird Private Wealth Management.</p><p>"Today I think markets are a little bit higher as it's evident once again that neither Iran nor the U.S. really want to re-engage in a hot war in the Middle East. This is going to be a volatile back and forth, who knows what will happen over the weekend. But I do think even a little bit of calm is helping markets, helping yields and oil pull back. And then this is kind of a calm before the storm. Not a lot going on today besides the SK Hynix debut. But next week - retail sales, CPI (Consumer Price Index), and the start of bank earnings. So a lot for investors to prep for, kind of a calm before the storm trading day."</p><p>Stocks on the move Friday included&nbsp;Meta Platforms, which jumped 6% to its highest level since April.</p><p>Shares of Moderna tumbled almost 11% in its worst day in over a year.</p><p>And shares of Delta Air Lines dropped more than 1.5%, even after the carrier forecast third-quarter profit above expectations.</p><p>Investors now look to quarterly earnings season, which kicks off next week.</p></body>

Oracle has expanded in recent years from providing database software management to cloud computing, which has been its biggest contributor to sales. In its fiscal 2026 year, the tech giant posted net income of $17 billion on revenue of $67 billion, with its cloud business accounting for just a ...

SK Hynix’s historic U.S. trading debut helped investors regain their appetite for the AI trade. American depositary receipts of SK Hynix soared 13% Friday as the South Korean chip maker pulled off a $26.

The menswear giant has spent five years sharpening its business post-bankruptcy and is ready for the bright lights of Wall Street again.

Apple has filed a federal lawsuit against OpenAI, accusing the artificial intelligence company of running a coordinated campaign to steal confidential product designs and trade secrets.

Marsh & McLennan is ranked No. 101 overall and Fiserv No. 386 overall in the Best Companies for the Future ranking of companies in the S&P 500 stock index as of Dec. 31, which Bendable Labs prepared for the WSJ Leadership Institute. The ranking published in the June 8 Journal Report incorrectly placed Marsh & McLennan at No. 275 because of errors in calculating its scores for AI readiness, innovation and financial fitness. Fiserv was incorrectly placed at No. 364 because of errors in calculating its scores for AI readiness and resilience.

Apple is suing OpenAI, alleging trade secret theft.

It is estimated that the SpaceX IPO created more than 4,000 millionaires. SpaceX, which joined the Nasdaq-100 index on Tuesday, isn’t likely to be the only mega IPO this year. BlackRock joins the QQQ fray.

U.S. stocks ended slightly higher after a multibillion-dollar share offering in the semiconductor sector steadied volatility.

Investing.com -- Apple filed a lawsuit on Friday against OpenAI and two former Apple employees, accusing them of stealing the company’s trade secrets.

SK Hynix’s historic U.S. trading debut helped investors regain their appetite for the AI trade. American depositary receipts of SK Hynix soared 13% Friday as the South Korean chip maker pulled off a $26.5 billion U.S. share sale, the largest by a foreign company in history. SK Hynix’s offering capped a volatile week for the market.

Delta Air Lines Inc (DAL) reports a 14% revenue increase and a 15% dividend hike, while navigating high fuel costs and limited capacity growth.

Find insight on prediction markets, Nvidia and more in the latest Market Talks covering technology, media and telecom.

Here’s how memory-chip maker SK Hynix compares with peers after its first U.S. trading day. 2026 Debuts, day 1 performance Cerebras Systems: 68% Innio: 23% SpaceX: 19% Madison Air: 18% 🎯 SK Hynix: 13%.

HSBC Picks 10 Stocks to Watch as Earnings Season Begins

Every sector but healthcare was up on Friday, as investors, traders and speculators priced in broad optimism about the future.

Yahoo Finance Tech Editor Dan Howley discusses OpenAI Product and Business Chief Fidji Simo stepping down from her role due to ongoing medical issues.

Ten months ago, in September 2025, Starbucks walked into 11,000 stores with NomadGo’s inventory Artificial Intelligence (AI) tool that promised 99% accuracy and counted up to eight times faster than a human. After 9 months, in May 2026, according to Reuters, an internal newsletter retired the ...

John Coogan spent Wednesday’s TBPN segment arguing that the largest AI hardware IPO no US retail investor can buy yet might also be the cheapest name in the entire complex. SK Hynix, the South Korean memory giant, is preparing what could be a $28 billion NASDAQ listing, potentially ranking among the largest ever New York ... A $28 Billion AI IPO Trading at Just 7x Earnings: Too Cheap or Too Cyclical to Trust?

Nasdaq officials see a wave of momentum drawing international corporations toward U.S. capital markets, following South Korean chipmaker SK Hynix’s record-breaking Wall Street debut.

Delta Air Lines stock sinks despite market-beating Q2 earnings. Bernstein analyst and options traders recommend buying the dip in DAL shares.

Delta Air Lines (DAL) stock continues to face some turbulence ahead of Friday's close despite flying past second quarter estimates with the operator reporting revenue of $17.67 billion and adjusted earnings of $1.56 per share. The airline cited struggles with elevated jet fuel prices while boasting strong demand. Raymond James managing director Savi Syth discusses her recent downgrade on the stock.

A hot IPO summer means family offices are learning how to navigate newly minuted UHNW "IPO Bros" who have that entrepreneurial spirit.

The currency-market carry trade is back — and bigger than it’s been in many years.

Micron Technology Inc. (MU) said it will raise its planned U.S. investment to more than $250 billion through 2035, according to a Seeking Alpha report on the company’s Thursday, July 9, announcement. That figure is $50 billion more than the roughly $200 billion the company committed to just over a ...

By Max A.

The US-Iran ceasefire is fracturing, Brent is climbing, and energy stocks are repricing fast. Whether this is a temporary spike or the beginning of a sustained oil shock will reshape the Fed's next move and every duration-sensitive position in your portfolio.

Marriott International (MAR) and Hilton Worldwide's (HLT) second-quarter revenue per available room

Jim Cramer just made his first bearish call in 25 years, and the trigger was not a market crash or a recession signal but a single bond deal that he says proves the AI spending machine is quietly running out of fuel.