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Investing.com -- The International Monetary Fund said Thursday that the United States economy has maintained solid growth momentum and projected inflation would reach the Federal Reserve's 2% target by the end of 2027.

Micron Technology’s (MU) Q3 2026 earnings report landed on June 24, giving the AI trade a badly needed jolt. Goldman Sachs had cautioned that the positioning was bullish, expectations were high, and the stock’s huge run left little room for disappointment. Then Micron delivered more than a beat. ...

Qualcomm (QCOM) CFO and COO Akash Palkhiwala joins Yahoo Finance Tech Editor Dan Howley to discuss the AI chipmaker's announced acquisition of AI software infrastructure startup Modular.

United Airlines is projected to announce its second-quarter results soon, with analysts predicting a double-digit decrease in the company's earnings.

Investing.com -- A cargo ship was struck by an unknown projectile in the Strait of Hormuz on Thursday, according to UK Maritime Trade Operations. The vessel sustained damage to its bridge southeast of Dahit, Oman, with no casualties or environmental impact reported.

JPMorgan Chase promoted investment bankers Doug Petno and Troy Rohrbaugh to copresidents of the bank, elevating two potential contenders to succeed Jamie Dimon whenever the longtime CEO step downs from running the nation’s largest bank. The bank also announced Thursday that Marianne Lake, who had held several top positions in the company including chief financial officer and CEO of the consumer banking division, will retire at the end of the year. The promotion of Petno and Rohrbaugh is a sign that JPMorgan’s board is looking to its commercial and investment banking ranks as it develops the next generation of leadership, even as Rohrbaugh will now move over to run the bank’s giant consumer business.

Investing.com -- Iran is working to generate $40 billion annually by charging fees for security, safety and environmental services in the Strait of Hormuz, according to a report from the Wall Street Journal, citing officials familiar with the matter. The Islamic Republic blocked the waterway at the beginning of the war and now seeks to establish control over the global oil transit route.

📣 “What we are getting right now is a power rotation. The 10-year Treasury is rallying, and that’s causing rotation into financials and consumer cyclicals. And the Nasdaq is bouncing all over the place because tech is a secular growth story and you don’t need tech as much when oil is at $70.

Micron Technology (MU) newly signed long-term customer agreements are emerging as a key source of ma

Nike Inc. will release its fourth-quarter earnings report after the closing bell on Tuesday, June 30. Analysts expect the company to report quarterly earnings of 12 cents per share. That’s down from 14 cents per share in the year-ago period....

Zscaler (ZS) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

Modine (MOD) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

Kinder Morgan is poised to release its second-quarter results soon, with analysts expecting a double-digit increase in earnings.

Memory chipmakers have for decades been trapped in boom-bust cycles, with capacity buildouts hitting the market just as demand craters. Micron, Samsung and SK Hynix are now trying ‌to convince investors this time is different, arguing long-term deals will keep cash flowing even if the datacenter boom bursts. Micron ‌said on Wednesday customers such as Nvidia had committed $22 billion to lock in supplies of memory chips, playing up huge growth in five-year "take-or-pay" deals that require clients to either ​buy its chips or hand over cash.

NVIDIA (NASDAQ:NVDA) and Micron Technology (NASDAQ:MU) both posted blockbuster AI infrastructure quarters, but the market reacted in opposite directions. NVIDIA sells the compute. Micron sells the memory that keeps those GPUs fed. Comparing them now makes sense because each just told investors something different about where AI hardware spending actually lands in 2026. Blackwell Carries ... NVIDIA vs Micron: Which Stock Will The Market Reward

JPMorgan Chase will significantly expand its national “Community Center” program, the bank said Thursday, with plans to double the number of these specialized branches the bank operates particularly in low-income neighborhoods. Along with doubling the number of Community Center branches, the bank plans to hire an additional 150 employees, known as community managers, and provide additional programming at these locations. The Community Center program focuses on Chase opening branches in low- and moderate-income communities, particularly in areas where residents may be underbanked or unbanked.

Sarah Wynn-Williams, a former Facebook policy executive, is suing Meta over its attempts to stop her from talking about her book, “Careless People,” a New York Times bestseller.

SoundHound AI’s stock price has taken a beating over the past six months, shedding 39.8% of its value and falling to $6.45 per share. This might have investors contemplating their next move.

When Martin Leibowitz joined the Wall Street bond-trading firm Salomon Brothers in 1969, at age 33, he knew a lot about math and very little about bonds. If you knew the annual interest rate and the price of a bond, you could find the yield. “My initial reaction,” Leibowitz said in a 2017 podcast for the MIT Laboratory for Financial Engineering, “was you’ve got to be kidding.”

For most of 2026, Exxon Mobil (XOM) and Chevron (CVX) investors enjoyed good gains as the Middle East crises pushed crude price to record highs. The Iran war had throttled the Strait of Hormuz, the narrow passage through which roughly a fifth of the world's oil normally travels, and both stocks ...

Investing.com -- Morgan Stanley downgraded Affirm Holdings to Equal-weight from Overweight in a note on Thursday and removed the stock from its Top Pick list, arguing that the key concerns underpinning its bullish thesis have largely been resolved and the shares now reflect fair value.

Johnson & Johnson is scheduled to report its second-quarter results next month, and analysts expect a single-digit earnings rise.

Qualcomm (QCOM) has shifted the narrative with its $5 billion guidance for AI data center business i

📣 "There are lots of traders there just trying to make a buck, so they follow the momentum and then try to take profits." —Thomas Martin, senior portfolio manager at Globalt Investments, on this morning's market moves.

A propos of the latest meme-stock sensation: The gains seem astronomical but, unless your timing is exquisite or you have serious online cachet yourself, owning a potential meme stock is a tough way to get rich.

May's Personal Consumption Expenditures (PCE) index — the Federal Reserve's preferred inflation gauge — saw inflation rise 0.4% month-over-month and 4.1% year-over-year Core PCE, which excludes food and energy prices, rose 0.3% monthly and 3.4% annually, marking the highest level since 2023. Morning Brief Host Julie Hyman is joined by Yahoo Finance Tech Editor Dan Howley and Epistrophy Capital Research chief market strategist Cory Johnson to further examine rising price trends.

Gold edged higher early on Thursday as the dollar eased, while a key U.S. inflation measure accelera

🐻 JPMorgan now sees Brent crude, the international oil benchmark, averaging $80 a barrel in the fourth quarter and around $64 a barrel next year. Brent was last around that level in January, when the dominant narrative in the global oil market was that of oversupply. In a note today, JPMorgan analysts cited lower-than-expected drawdowns of oil stocks from OECD countries and weaker global demand.

Micron Technology edged past the market valuation ‌of Meta Platforms and briefly ‌Tesla's for the first time on Thursday, ​after the memory chipmaker's solid forecast helped extend its AI-driven ascent. The company's shares were last up 18.4% ‌at $1,236, giving ⁠it a market capitalization of $1.398 trillion, compared with Meta's $1.392 ⁠trillion. Tesla had a market value stood of $1.4 trillion.

(Bloomberg) -- Moving from Pfizer Inc. to Nike Inc. may seem like an unusual career shift for a finance chief. For David Denton, it marks a return to the consumer sector after four years in pharmaceuticals.Most Read from BloombergInvestor Who Scored 900% Win in 2008 Crisis Has New Big Short BetGrand Ole Opry House Up For Sale by Owner Ryman HospitalityMicron Shares Soar After AI-Fueled Forecast Shatters ProjectionsStocks Slide as Wall Street Gets AI Wake-Up Call: Markets WrapStocks Erase Gains a