Business news

Business news • Jul 01

Micron Stock Falls Even After Analyst Forecasts Strong Demand and $1,600 Target

Micron stock is falling to kick off the third quarter but memory-chip prices were higher in June.

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Business news • Jul 01

Trump Accounts are launching. Here's how the money will be invested.

At launch, all funds in a Trump Account will be automatically invested in the State Street SPDR Portfolio S&P 500 ETF, a low-cost index fund that tracks the...

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Business news • Jul 01

AOL, Vimeo owner Bending Spoons surges nearly 40% in US market debut

Bending Spoons shares closed nearly 40% higher in their U.S. market debut on ​Wednesday, as investors bought into the Italian firm's model of buying and...

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Business news • Jul 01

SpaceX Stock Gets Analyst Buy Rating, $190 Price Target on Starlink, AI Growth

Wedbush analyst Dan Ives launched coverage of SpaceX with a Buy rating and $190 price target.

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Business news • Jul 01

Meta Shares Jump 10% After Report Reveals AI Cloud Plans

Meta's AI Cloud Expansion Rattles Big Tech, Cloud Stocks Slide.

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Business news • Jul 01

Wedbush Initiates SpaceX Coverage With 'Outperform' Rating, $190 Price Target

Analysts at Wedbush gave SpaceX a price target of $190 a share. The stock fell more than 7% during Wednesday's session.

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Business news • Jul 01

NASA chief praises progress Blue Origin is making after launch failure

NASA Administrator Jared Isaacman said this week that Blue Origin has been putting significant resources into the cleanup of its launch pad since the...

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Business news • Jul 01

What's The Best Temperature To Set Your AC During Extreme Heat?

Find the best AC temperature for a heatwave, plus simple ways to stay cool, save energy, and keep your electric bill lower during extreme heat.

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Business news • Jul 01

Trump Accounts to Receive $250 Million Donation From Chip Maker Micron

President Trump said on Wednesday that Micron, a U.S. chip company, had agreed to invest $250 million in Trump accounts, a new type of investment account...

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Business news • Jul 01

U.S. to Overhaul Radiation Safety Rules to Spur Nuclear Expansion

The Nuclear Regulatory Commission on Wednesday proposed overhauling its safety rules for radiation exposure from nuclear power plants, saying that the...

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Business news • Jul 01

Federal Reserve Chair Warsh emphasizes political independence, signals focus on inflation

WASHINGTON (AP) — New Federal Reserve Chair Kevin Warsh said Wednesday that the central bank would remain independent and seek to bring down inflation,...

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Business news • Jul 01

Texas leads nation in proposed power plants for data centers, which would emit large amounts of greenhouse gases

Texas is poised to lead the nation in power plants built to fuel data centers, according to a new report from an environmental watchdog group that warns the...

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Business news • Jul 01

Palantir CEO Calls Drugs ‘The One Thing I Don’t Do’ in Wildly Unhinged Interview

"This is the voice of American business that is being channeled through me," Alex Karp declared on national television.

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Business news • Jul 01

Amazon Stock, Broadcom Are Big Winners as U.S. Lifts Ban on Anthropic AI Model

Amazon stock and Broadcom could get a boost from news Anthropic has struck a deal with the Trump administration over its latest AI model.

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Business news • Jul 01

‘We are screwed’: People near data centers dread heat wave pollution.

Extreme temperatures threaten to strain the grid as data centers are increasing energy demand. What could go wrong?

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Business news • Jul 01

Kroger to buy grocer Giant Eagle in $1.65 billion deal as competition heats up

U.S. grocer Kroger has reached a $1.65 billion deal to buy regional supermarket chain Giant Eagle, it said on Wednesday, strengthening its presence in the...

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Business news • Jul 01

Michael Burry Cites ‘Beginning of the End’ With New AI Short Bets

Tesla, Caterpillar, semiconductor manufacturer Applied Materials and an ETF tracking chip makers are among the latest bearish bets announced by Burry,...

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Business news • Jul 01

Italian CEO Of Bending Spoons, Owner Of AOL And Evernote, Is Worth $2.4 Billion After IPO

Buying busted apps made Bending Spoons's four cofounders billionaires. Now their stakes have collectively jumped to $8.9 billion after the Milan-based...

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Business news • Jul 01

Lime begins life as a public company after years of uncertainty

The nine-year-old scooter and bike-share company has said it needs the funds to help pay down around $1 billion in liabilities.

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Business news • Jul 01

Fiat's Summer Fun Includes Bringing Topolino Stateside and Showing the Adorable Multiplina Concept

Pour yourself an Aperol spritz and settle in for a bit of Eurocentric car spotting.

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