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    Why Diageo, Heineken and Anheuser-Busch are battling falling alcohol demand

    by admin June 20, 2026
    by admin June 20, 2026

    Alcohol companies have had fewer reasons to say “cheers” in recent years. Volumes have been falling, and the entire business model is undergoing a structural shakeup as younger people drink…

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  • Stock

    Why a hawkish Fed isn’t scaring Wall Street

    by admin June 20, 2026
    by admin June 20, 2026

    US stocks are showing surprising resilience as Wall Street increasingly abandons expectations for near-term Federal Reserve rate cuts. Several major financial institutions have recently pushed back their forecasts for monetary…

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  • Stock

    UK markets cautious as political and geopolitical risks mount

    by admin June 19, 2026
    by admin June 19, 2026

    UK equities were largely unchanged on Friday as the cancellation of US-Iran peace talks in Switzerland dampened investor sentiment and kept risk appetite subdued. Gains in energy and healthcare stocks,…

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  • Stock

    Cathie Wood buys more Tesla, cuts Roku as ARK doubles down on AI

    by admin June 19, 2026
    by admin June 19, 2026

    Cathie Wood’s ARK Invest increased its exposure to Tesla and Snowflake on Thursday while continuing to trim its position in Roku, according to the firm’s latest daily trading disclosures. The…

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  • Stock

    Dow opens 349 points higher as chip stocks rally on Iran deal optimism

    by admin June 18, 2026
    by admin June 18, 2026

    US stocks opened higher on Thursday as investors looked to recover from the previous session’s selloff, with optimism surrounding a temporary US-Iran peace agreement helping offset concerns about a more…

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  • Stock

    Why SpaceX stock is tanking around 5% on Thursday

    by admin June 18, 2026
    by admin June 18, 2026

    SpaceX stock (SPCX) fell sharply on Thursday, extending a pullback that has emerged after the stock’s explosive rally following its record-breaking initial public offering last week. Shares of Elon Musk’s…

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  • Stock

    Deutsche Bank lifts Micron PT to $1,500 with 47% upside as earnings loom

    by admin June 17, 2026
    by admin June 17, 2026

    Micron Technology (MU) shares rose in trading on Wednesday. The gains came as Deutsche Bank became the latest Wall Street firm to raise its price target on the memory-chip maker,…

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  • Stock

    AST SpaceMobile stock rises after SpaceX launches BlueBird satellites

    by admin June 17, 2026
    by admin June 17, 2026

    AST SpaceMobile (ASTS) shares moved higher on Wednesday after the company successfully launched three of its largest communications satellites aboard a SpaceX Falcon 9 rocket. The launch marked an important…

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  • Stock

    Dow rises 380 points as investors await Fed decision, SpaceX extends rally

    by admin June 16, 2026
    by admin June 16, 2026

    US stocks opened higher on Tuesday, continuing from Monday’s strong performance. The Dow Jones Industrial Average rose 383 points after the blue-chip index closed at a record high in the…

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  • Stock

    Rackspace stock soars 16% on AMD deal, 15% workforce cut to fund AI transformation

    by admin June 16, 2026
    by admin June 16, 2026

    Shares of Rackspace Technology RXT climbed about 16% in trading on Tuesday after the cloud services provider announced a major infrastructure agreement with Advanced Micro Devices and announced a 15%…

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