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Associated Press95d agoneutral
How major US stock indexes fared Tuesday 6/30/2026

The Dow Jones Industrial Average added 0.3% to another record, and the Nasdaq composite climbed 1.5%. Stock indexes rose in much of Europe and Asia, while the Japanese yen fell near a 40-year low against the U.S. dollar. The Nasdaq composite rose 393.58 points, or 1.5%, to 26,213.72.

Bloomberg95d agoneutral
CIA Aims to Speed Up Tech Adoption as AI Is ‘Rewriting’ Conflict

(Bloomberg) -- CIA Director John Ratcliffe vowed to step up the agency’s efforts to deploy artificial intelligence and quantum computing, stressing that rapid developments in emerging technologies are changing the nature of geopolitics.Most Read from BloombergSpaceX IPO Left Mirae With No Shares on MisunderstandingSupreme Court Backs Birthright Citizenship in Blow to TrumpYen Hits Four-Decade Low in Historic Slide That’s Rattled JapanWhatsApp Opens Username Reservations to 3 Billion UsersTrump’s

Rocket Lab doubles down on satellite network with $8B acquisition
TheStreet95d agoneutral
Rocket Lab doubles down on satellite network with $8B acquisition

Rocket Lab just made its biggest move yet. The space company, known for launching small rockets into orbit, is buying Iridium Communications in a deal valued at about $8 billion. For years, Rocket Lab (RKLB) built rockets and satellite parts for other companies. Now it wants to own and ...

Zyn Can Be Marketed as Safe Alternative to Cigarettes, FDA Says
The Wall Street Journal95d agoneutral
Zyn Can Be Marketed as Safe Alternative to Cigarettes, FDA Says

U.S. officials are allowing Zyn to market itself as being less harmful than traditional cigarettes, making the product the first nicotine pouch on the market to be granted such a distinction. The Food and Drug Administration announced that 20 different Zyn nicotine pouches—including flavors ranging from cool mint to cinnamon—can carry language stating that using the pouches instead of smoking cigarettes puts users at a lower risk of mouth cancer, stroke, heart disease, lung cancer, emphysema and chronic bronchitis. Zyn nicotine pouches, a product of Swedish Match USA, which is owned by Philip Morris International are the most popular in the U.S. They were granted permission to stay on the market in early 2025, the first pouch to receive the authorization.

OneMain (OMF): Buy, Sell, or Hold Post Q1 Earnings?
StockStory95d agoneutral
OneMain (OMF): Buy, Sell, or Hold Post Q1 Earnings?

Over the last six months, OneMain’s shares have sunk to $61.85, producing a disappointing 9% loss - a stark contrast to the S&P 500’s 6.1% gain. This might have investors contemplating their next move.

Bloomberg95d agoneutral
Kalshi Finagled a World Cup Sponsorship Deal at a Deep Discount

(Bloomberg) -- When the World Cup knockout round began Sunday, Kalshi joined the likes of Coca-Cola, Visa and Adidas with sideline advertising in the stadiums — an unusual addition, given that the event is halfway over, and also that FIFA already signed up an “official prediction markets partner” in ADI Predictstreet, a startup with ties to the Abu Dhabi royal family. Most Read from BloombergSpaceX IPO Left Mirae With No Shares on MisunderstandingYen Hits Four-Decade Low in Historic Slide That’s

AT&T Earnings Preview: What to Expect
Barchart95d agoneutral
AT&T Earnings Preview: What to Expect

AT&T is set to release its second-quarter results next month, with analysts predicting a single-digit rise in the company's earnings.

Why Costco Has Outpaced the Nasdaq for Five Years
TheStreet95d agoneutral
Why Costco Has Outpaced the Nasdaq for Five Years

This is the fifth piece in a series examining "boring" large-cap stocks that have outperformed the Nasdaq-100 over the past five years. The first piece introduced the five companies and the data. The second piece covered defense and nuclear supplier Curtiss-Wright. The third looked at pipeline ...

JPMorgan’s $4 Million ‘Salami Incident’ Is Fueling a Backlash From Banks
The Wall Street Journal95d agoneutral
JPMorgan’s $4 Million ‘Salami Incident’ Is Fueling a Backlash From Banks

It turned into a Wall Street punchline, but big banks aren’t laughing. After JPMorgan fired a wealth manager for expensing a $642.50 Super Bowl platter, the employee claimed he was wrongfully terminated, saying he had intended the spread of deli meats and cookies for clients who didn’t show up. JPMorgan filed a motion late Monday in a California federal court to vacate the award to its former wealth adviser, Brent Ryan Bodner, over the deli meats gone awry.

Consortium including Visa, Mastercard jointly launch new global stablecoin
Reuters95d agoneutral
Consortium including Visa, Mastercard jointly launch new global stablecoin

A consortium including Visa, Mastercard and Coinbase on Tuesday launched a new joint stablecoin in a bid to broaden the ‌adoption of the digital tokens. The venture, called Open Standard, brings together more ‌than 140 businesses for the stablecoin network and will issue a new U.S.-dollar pegged stablecoin called Open ​USD, which is expected to go live later this year. It is aimed at accelerating the usage of the digital tokens worldwide by addressing hurdles that businesses face in scaling stablecoin adoption, Open Standard said.

Amazon’s AWS commits $1 billion toward new unit for embedded AI engineers
Reuters95d agoneutral
Amazon’s AWS commits $1 billion toward new unit for embedded AI engineers

Amazon said on Tuesday it is creating a new division under its Amazon Web Services cloud unit employing so-called forward-deployed ‌engineers who embed with customers to help them more quickly and efficiently adopt artificial ‌intelligence software. The company is committing an initial $1 billion to the initiative with the goal of sending five to six ​pods of engineers to customers for 45-day periods, said Francessca Vasquez, AWS vice president of frontier AI engineering and services. Forward-deployed engineers are versatile workers ⁠who embed directly alongside clients, navigate internal politics and write production-grade code to help make models deliver results.