Business news

Business news • Jun 24

Google Takes Verizon’s Place in Dow Jones Industrial Average

S&P Dow Jones Indices, the manager of the Dow Jones Industrial Average, says that on June 29, Alphabet, Inc., the parent company of Google, will be added to...

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Business news • Jun 24

Chinese supercomputer leapfrogs best US machines to be ranked world’s fastest

China's LineShine debuts at number one in Top500 – a list sometimes viewed as a national measure of global tech prowess.

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Business news • Jun 24

Asian stocks wobble after tech-led selloff, volatility risk highlighted

Asian ​stocks were wobbly on Wednesday, a day after a global selloff in technology and semiconductor shares, ‌with analysts cautioning about the risk of...

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Business news • Jun 24

125+ of the Best Prime Day 2026 deals in tech, home, beauty, Amazon devices, and more

Prime Day 2026 is here! Explore 125+ of the best deals available now across Amazon devices, home, tech, fashion, beauty, and more.

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Business news • Jun 24

Dow, S&P 500, Nasdaq Futures Rise After Chip Stock Selloff: Why CBRS, PLTR, BLZE, MU, FDX Are Trending

U.S. stock futures traded mostly higher late Tuesday after Wall Street closed lower, pressured by a decline in semiconductor shares, while signs of easing...

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Business news • Jun 24

The Dow Jones Industrial Average Will Change Forever on June 29, With Verizon Getting the Boot and a Virtual Monopoly Joining the Index

Last month, the iconic Dow Jones Industrial Average (^DJI 0.09%) celebrated its 130th birthday. Since its official inception on May 26, 1896, the Dow has...

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Business news • Jun 24

Alphabet, Google’s Parent, Is Joining the Dow

Google parent Alphabet will be added to the Dow Jones Industrial Average beginning Monday, the index's operator, S&P Global, said Tuesday.

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Business news • Jun 23

FedEx Revenue Rises on Growth in Package Yields, Volume

The shipping company's revenue climbed 13% to $25.01 billion in its fiscal fourth quarter.

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Business news • Jun 23

Elon Musk loses his trillionaire status as SpaceX stock comes back to Earth

After SpaceX's IPO, Elon Musk's net worth reached new heights, but a tech stock sell-off has has pulled him back to billionaire status.

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Business news • Jun 23

Anthropic Customer Sues US Over Loss of Fable AI Access

An artificial intelligence startup that uses Anthropic PBC's AI models sued the US over a government order that the maker of Claude and Mythos keep its most...

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Business news • Jun 23

Wall Street ends lower on semiconductor selloff as AI spending concerns mount

June 23 (Reuters) - The Nasdaq and the S&P 500 closed at more ​than one-week lows on Tuesday, dragged down by sharp losses in semiconductor stocks as...

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Business news • Jun 23

Energy secretary says $17.5B in loans will help 'unleash the next American nuclear renaissance' for reactors

The Department of Energy announced $17.5 billion in conditional loans for utilities and energy companies to strengthen the commercial supply chain for...

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Business news • Jun 23

California intends to sue Trump administration over deal to end offshore wind project

California intends to sue the Trump administration over its deal to end an offshore wind project proposed off the state's central coast.

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Business news • Jun 23

SpaceX launches $25 billion notes offering for debt repayment, AI expansion

Elon Musk's SpaceX said on Tuesday it has launched ​a five-tranche notes offering to raise at ‌least $25 billion, as the newly public company seeks funding...

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Business news • Jun 23

Alphabet to Join Dow Jones Industrial Average, Replacing Verizon

S&P Dow Jones Indices, which oversees the venerable 30-stock index, said in a press release that Verizon's low stock price meant it had an “immaterial...

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Business news • Jun 23

SpaceX's wild ride is just getting started

Shares of Elon Musk's rockets-and-AI firm have surged as much as 67% since they started trading on June 12 and fallen 35% from there.

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Business news • Jun 23

Asian Stock Rebound Loses Steam as TSMC Declines: Markets Wrap

A cautious early rebound in Asian stocks following Tuesday's global tech-led selloff faded as losses in bellwether chipmaker Taiwan Semiconductor...

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Business news • Jun 23

Alphabet’s stock is set to join the Dow, pivoting index’s industrial roots toward tech

As Alphabet rolls out more data centers — and borrowing money to do it — it can be argued that it is becoming more of an industrial company,...

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Business news • Jun 23

U.S. Presses Meta to Agree to A.I. Reviews as Security Concerns Rise

The Trump administration is pressing Meta to submit its artificial intelligence models for voluntary review, which would allow the government to evaluate...

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Business news • Jun 23

FedEx sinks as trade policy whiplash weighs on results

What happened: International courier service FedEx (FDX) stock sank 5% in post-market trading on Tuesday. What's behind the move: FedEx fiscal fourth...

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