Economy
Japanese Yen Hits 40 Year Low
The yen just hit its weakest point since 1986. Here's why the Fed, an oil shock tied to Iran, and Japan's own rate policy are all colliding at once.
Douglas Turner
Markets
Rocket Lab to Acquire Iridium in $8bn Deal
Rocket Lab is acquiring Iridium Communications in an $8 billion cash and stock deal, merging a launch company with a global satellite network and over 2.55 million subscribers.
Crypto
Trump Discloses $1.2 Billion in Crypto Earnings
Trump's 2025 financial disclosure shows over 1.2 billion dollars in crypto income, led by his meme coin and World Liberty Financial, as Congress debates crypto regulation ethics rules.
Crypto
UK Investors Sue Binance in London for £150 Million
Nearly 1,700 investors in Britain are suing Binance and its founder Changpeng Zhao for at least £150 million (about $200 million), claiming the crypto exchange sold them risky, complex derivative…
Markets
Central Banks Grow Wary of US, Turn to Gold
For the first time on record, more central banks plan to cut dollar holdings than add to them, as geopolitical risk tied to US policy pushes reserve managers toward the…
Technology
Taiwan Raids Super Micro Over Nvidia Chip Smuggling
Taiwanese prosecutors raided Super Micro Computer and two other firms as a chip smuggling probe widened to nine suspects, sending shares tumbling and exposing gaps in Taiwan's export laws.
Markets
House Committee Probes Merck, AbbVie China Trials
Lawmakers are pressing Merck and AbbVie over clinical trials run in China, including sites in Xinjiang and at military hospitals, demanding answers by July 17 about safety and security risks.
Crypto
Circle Stock Falls On Rival Stablecoin News
Circle shares slid after Visa, IBM and other payments giants unveiled plans for a rival stablecoin network, challenging USDC's grip on the U.S. dollar token market.
Markets
SpaceX Joins Nasdaq 100: Investor Impact
SpaceX just joined the Nasdaq 100, forcing index funds to buy roughly $4.3 billion in shares. Here's how that automatic purchase affects your 401(k) without you lifting a finger.
Earnings
Wendy's (WEN) Stock Soars 20% as Traders Eye Squeeze
Wendy's shares surged more than 30% on June 21 after the company hired two Potbelly Sandwich executives to lead its turnaround, while record short interest of 26.4% lit up retail…
Crypto
DOJ Seizes Huione Infrastructure Tied to Crypto Laundering
The Justice Department has seized cloud infrastructure tied to the Huione Group, a Cambodia-based conglomerate accused of laundering billions in crypto fraud proceeds. Americans lost over $7.2 billion to crypto…
Technology
Qualcomm (QCOM) to Acquire AI Startup Modular for $4 Billion
Qualcomm is buying AI software startup Modular for roughly $3.92 billion in stock, taking direct aim at Nvidia's CUDA dominance. Here is what the deal means for QCOM shareholders and…
Real Estate
Trump Halts Housing Bill Over Voter ID
President Trump canceled the signing of the 21st Century ROAD to Housing Act hours before the ceremony, leaving a rare bipartisan bill addressing soaring home prices and corporate landlords in…
Earnings
NXP Semiconductors, Universal Display Shares Slide
NXP Semiconductors dropped nearly 7% on June 21 after SK Hynix's HBM news rattled the chip sector. Here's what the price, P/E, RSI, and recent hedge fund data actually say…
Earnings
FedEx (FDX) Q4 Earnings: Key Metrics to Watch
FedEx reported a strong fiscal Q4 — revenue up 12.5%, EPS beating estimates by nearly 7% — yet shares tanked almost 10% in a single session, landing just above a…
Technology
Nvidia (NVDA) AI Chip Prices Double on China Black Market
Nvidia AI chips are reportedly selling at more than double their listed price on China's black market, even as NVDA stock slides 3.72% to $200.04. Here's what the market data…
Technology
Salesforce (CRM) Stock Rises Despite Market Slump
Salesforce climbed over 2% on a rough day for tech after an analyst reaffirmed a $315 target tied to its $3.6 billion Fin acquisition. With shares near their 52-week low,…
Technology
Flipkart Backed by Walmart Expands Quick Commerce Push
Flipkart Minutes just hit 1,000 micro-fulfillment centers in under two years, with orders up 400% and growth pouring in from smaller cities. Here's how its quick-commerce push stacks up against…
Markets
Philip Morris International (PM) Dividend Signals Shareholder Value
Philip Morris International jumped 3.27% to $178.69 as investors weighed EU regulation against its smoke-free growth and 3.29% dividend. Here's what the numbers reveal about the bull and bear cases…