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Nvidia CEO sends serious wake up call to all Americans
TheStreet101d agoneutral
Nvidia CEO sends serious wake up call to all Americans

In March 2026, federal prosecutors charged the co-founder of Supermicro with masterminding a $2.5 billion scheme to smuggle Nvidia-equipped servers to China through front companies, forged documents, and dummy servers staged to fool auditors. Jensen Huang had been watching this unfold for months. ...

Disney World closes a popular parking loophole
TheStreet101d agoneutral
Disney World closes a popular parking loophole

With a single-day Walt Disney World ticket starting at $128 per day, some visitors look for every way possible to save money. Many pricing hacks are obvious. You can stay off-property, not eat your meals or snacks inside the parks, and visit at the lowest-demand time each day to make dynamic ...

Xbox to raise console prices worldwide from August
Reuters101d agoneutral
Xbox to raise console prices worldwide from August

June 25 (Reuters) - Microsoft's Xbox is raising prices of its gaming consoles by up to $150 worldwide, citing a deepening global components crisis that has sent storage and memory costs soaring across

Comcast launches new service to win back internet customers
TheStreet101d agoneutral
Comcast launches new service to win back internet customers

Comcast, which owns Xfinity, is now offering a convenient new service for internet customers as it struggles to prevent them from switching to its rivals. In 2025, Comcast lost more than 700,000 internet customers after it faced criticism for raising prices on its Xfinity services and removing its ...

Analysts share stark warning for Strategy
TheStreet101d agoneutral
Analysts share stark warning for Strategy

Michael Saylor's Strategy (NASDAQ: MSTR) is drawing increasingly pointed criticism as cracks appear on its Bitcoin buying tool. The largest corporate Bitcoin (BTC) holder saw its perpetual preferred stock STRC fall to historic lows, below its at par price of $100. At press time on June ...

Investing.com101d agoneutral
SpaceX credit-default swaps start trading after bond sale

Investing.com -- Credit-default swaps linked to SpaceX began trading Thursday after the company completed its first high-grade bond offering earlier this week, Bloomberg reported. The development allows investors to protect against potential losses or bet on the company's creditworthiness.

Bloomberg101d agoneutral
Microsoft Raises Xbox Console Prices for Third Time in 13 Months

(Bloomberg) -- Microsoft Corp. announced a third substantial price increase for the company’s current-generation Xbox video-game consoles in a glaring example of the component shortage crisis that has universally driven up the cost of consumer tech products.Most Read from BloombergInvestor Who Scored 900% Win in 2008 Crisis Has New Big Short BetStocks Whipsaw as Micron Surges While Apple Sinks: Markets WrapGrand Ole Opry House Up For Sale by Owner Ryman HospitalityMicron Shares Soar After AI-Fue

Sam's Club just made a big move Costco won't consider
TheStreet101d agoneutral
Sam's Club just made a big move Costco won't consider

In the warehouse club space, there are two main competitors — Costco and Sam's Club. Sure, BJ's Wholesale Club remains a significant player. But the biggest battle continues to be between Costco and Sam's Club. Both retailers have built loyal followings by offering members access to bulk ...

White House order shifts focus back to defense stocks
TheStreet101d agoneutral
White House order shifts focus back to defense stocks

President Donald Trump met with the CEOs of Boeing, Lockheed Martin, and Honeywell at the White House on Wednesday, pressing them to speed up weapons production hours after the White House asked Congress for $87.6 billion in supplemental spending tied largely to the Iran war, according to CNBC. The ...

Coke, IRS Clash in Appeals Court Over $20 Billion Tax Fight
The Wall Street Journal101d agoneutral
Coke, IRS Clash in Appeals Court Over $20 Billion Tax Fight

Coca-Cola asked a federal appeals court Thursday to overturn a U.S. Tax Court decision that put the company on the hook for more than $20 billion in taxes and interest, contending that the Internal Revenue Service engaged in an unfair and retroactive bait-and-switch in how it calculated Coke’s foreign profits. The IRS challenged Coke’s tax returns for 2007 through 2009, and the outcome of the case will affect the company’s payments for every year since then. Gregory Garre, arguing for the company before a three-judge panel in Miami, pointed to a 1996 Coke-IRS agreement and subsequent IRS statements that accepted the company’s method for calculating how much profit was assigned to the U.S. and how much was attributed to lower-taxed foreign countries.

Financial Services Roundup: Market Talk
The Wall Street Journal101d agoneutral
Financial Services Roundup: Market Talk

Find insight on JPMorgan Chase, UniCredit’s takeover offer for Commerzbank and more in the latest Market Talks covering financial services.

IBM stock just got powerful new price target from Wall Street
TheStreet101d agoneutral
IBM stock just got powerful new price target from Wall Street

June 23 gave me three reasons to pay closer attention to International Business Machines (IBM), also known simply as “Big Blue.” All three arrived together in a period of less than 48 hours. June 23, JPMorgan analyst Brian Essex upgraded IBM to Overweight from Neutral, raising his price target to ...