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The retailer, known for its jogger pants, is looking to snag market share in Asia from rivals like Lululemon and Alo Yoga.

The federal court decision denied the payment processor’s motion to dismiss a credit union’s lawsuit in California. It’s one in a pack brought by such financial institutions nationwide.

Stocks could be facing the end-of-quarter reckoning many investors feared when Elon Musk’s SpaceX unveiled plans for its multibillion-dollar initial public offering and Federal Reserve Chairman Kevin Warsh took over the central bank’s policy reigns earlier this month. The early signs of a late June “tech wreck” started to formulate Monday, with Google parent Alphabet shedding more than $225 billion in market value, its biggest slump in more than a year, and SpaceX extending its three-day decline to more than $600 billion. Shares in SpaceX were falling 4.3% in premarket trading Tuesday, putting them below $150 a share.

​📈 Follow our live markets data and coverage. Let’s face it: No one knows what will happen next with the Strait of Hormuz. A single social-media post or Iranian drone could send oil prices plunging or surging before the digital ink is dry on this newsletter.

June 23 (Reuters) - What matters in U. and global markets today , Editor-at-Large, Finance and Markets Big Tech started the week in reverse, with megacaps Alphabet and Amazon each falling around 5% on Monday, dragged down by a mix of concerns: interest ‌rate expectations, lofty AI spending and rising debt.

Investing.com - Futures tracking Canada’s main stock index tumbled Tuesday as accelerating domestic inflation and mounting bets on a hawkish Federal Reserve battered investor sentiment.

The European Central Bank secured key parliamentary backing on Tuesday for the launch of a digital euro, an electronic ‌means of payments aimed at making the euro zone less reliant on ‌U.S. credit cards at a time of fraying transatlantic relationships. The digital euro, essentially an electronic wallet guaranteed ​by the central bank but marketed by banks or fintech companies, will allow all euro zone residents to make payments online and in person. Six years in the making, the ECB's digital cash has become a more pressing issue since Donald Trump returned to ‌the White House, slapping tariffs ⁠on even established trade partners such as the European Union and raising fears that the U.S. could one day weaponize its ⁠dominance over payment networks like Visa and Mastercard.

The average federal student loan borrower leaves school owing roughly $38,000, though balances of $50,000 or more are common among graduate students and many private-college graduates. Depending on interest rates and repayment terms, that debt can create a substantial monthly obligation just as a young adult is trying to rent an apartment, buy a first ... This Is the Dividend Portfolio That Pays Off Your Kid’s Student Loans

CEO Tassos Gianakakos said having late-stage assets and a team fortified at MyoKardia really resonated with investors. SpaceX's huge public offering didn't hurt either.

US June flash PMIs land Tuesday, with the dollar firm on rate hike bets after the Fed gutted forward guidance

The return of inflation after the pandemic has left a question mark over whether the Put still exists—and plenty of debate about whether it is a good thing.

📣 “Why do you need like $100 billion in cash? With Elon Musk you never know what’s going on in that man’s head.” —CFRA Research senior analyst Keith Snyder, on SpaceX’s intention to issue more than $20 billion in bonds to pay back a bridge loan, and possibly new projects, too—something that might try investors’ patience coming just weeks after its $85 billion IPO.

Investing.com - Wall Street looks set for a weaker open as investors pull back from technology stocks amid growing concerns about higher interest rates and the massive spending required to sustain the artificial intelligence boom.

Tesla’s sales in Europe more than doubled on year last month, a sign Elon Musk’s EV maker is rebuilding strength in a region where Chinese rivals pose stiff competition. New-car registrations for Tesla models, a reflection of sales, rose to 28,610 units across the EU, the U.K., Iceland, Liechtenstein, Norway and Switzerland, according to the European Automobile Manufacturers’ Association. May marked the fourth consecutive month of growth for Tesla in the region.

Micron Technology (MU), the largest U.S, memory chipmaker, announced a strategic agreement with Anthropic on Monday that bundles three things together: a technical collaboration on AI memory design, a new multiyear supply contract, and a stake Micron already holds in Anthropic's funding round. The ...

LONDON, June 23 (Reuters) - Independent energy firm NatPower and ‌Tesla said on Tuesday they had reached ‌a deal to build 25 gigawatt hours of battery storage ​in Italy and Britain, the first phase of a project worth up to $5 billion. Countries across Europe are ramping up battery storage projects to help ‌balance the rollout ⁠of intermittent renewable power capacity.

(Bloomberg) -- SpaceX shares extended declines in premarket trading, a day after the company saw the second-largest single-session drop in market value on record. Most Read from BloombergSpaceX Falls for Third Day, Erases $600 Billion in Market ValueOracle Cut 21,000 Jobs in 12 Months, Says AI Replaced Some RolesKorean Stocks Tumble 10% as Extreme Volatility Rattles InvestorsStocks Fall as SpaceX’s Rout Offsets US-Iran Hopes: Markets WrapMeta Invests $900 Million in Cred, Taps Founder to Head Wh

OpenAI debuted its ChatGPT ad pitch at Cannes Lions, but top executives and users alike are pushing back hard.

Futures for the Nasdaq were more than 2% lower in early European trade as a global selloff in technology stocks gathered pace.

(Bloomberg) -- Chinese equities in Hong Kong entered a bear market as sentiment soured on tepid consumer spending and fading confidence in e-commerce firms. Most Read from BloombergSpaceX Falls for Third Day, Erases $600 Billion in Market ValueOracle Cut 21,000 Jobs in 12 Months, Says AI Replaced Some RolesKorean Stocks Tumble 10% as Extreme Volatility Rattles InvestorsStocks Fall as SpaceX’s Rout Offsets US-Iran Hopes: Markets WrapMeta Invests $900 Million in Cred, Taps Founder to Head WhatsApp

Accenture flags a wider Q4 range as Middle East disruption and delayed services deals test its AI-led reinvention push.

Investors are looking forward to another week of chip stock reveals. Qualcomm is expected to give more details about its business at its investor conference. Micron, the latest trillion-dollar semiconductor company, reports earnings, as do FedEx, Cerebras and Carnival.

BofA reversed course to forecast 3 Fed rate hikes in 2026, amid sticky inflation and Chair Kevin Warsh hawkish turn.

Elon Musk’s EV maker continues to rebuild strength in a region where Chinese rivals are gaining ground.

The tech company’s head count shrank by roughly 13% in its previous fiscal year, as it continued to invest in artificial intelligence.

(Bloomberg) -- China narrowed its cumulative fiscal deficit for the first time in more than two years, pressing ahead with austerity despite muted domestic demand and slowing economic growth.Most Read from BloombergSpaceX Falls for Third Day, Erases $600 Billion in Market ValueOracle Cut 21,000 Jobs in 12 Months, Says AI Replaced Some RolesKorean Stocks Tumble 10% as Extreme Volatility Rattles InvestorsStocks Fall as SpaceX’s Rout Offsets US-Iran Hopes: Markets WrapMeta Invests $900 Million in C

(Bloomberg) -- Gold declined as inflationary concerns overshadowed early optimism around negotiations to resolve the Iran war.Most Read from BloombergSpaceX Falls for Third Day, Erases $600 Billion in Market ValueOracle Cut 21,000 Jobs in 12 Months, Says AI Replaced Some RolesStocks Fall as SpaceX’s Rout Offsets US-Iran Hopes: Markets WrapIran Says Hormuz Closed Again as Talks With US Set to OpenMeta Invests $900 Million in Cred, Taps Founder to Head WhatsAppBullion fell as much as 1.8% to near

The new Fed chair is already making his stamp on the organization.

By Emma Rumney LONDON, June 23 (Reuters) - Shopify Inc will ban all vapes from its platform as soon as this week following pressure from a group of U.S. state attorneys general aiming to curb sales of

Tesla's recovery in Europe has been remarkable. Europe, the world's second-largest EV market behind China, seemed done with the company in 2025. Tesla (TSLA) lost market share in European countries where it had previously been popular as the influx of cheaper Chinese models and CEO Elon Musk's ...