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Stock futures slipped Wednesday to open the second half of the year as investors held back ahead of Fed Chair Kevin Warsh’s comments on interest rates.
Ukrainian strikes on Russian oil refineries have choked domestic fuel supplies, leaving drivers in long lines and frustration growing across Russia.
Morgan Stanley says Alphabet’s custom-chip business is undervalued as the company plans data-center expansion through 2028, calling the stock dip a buying opportunity.
Medicare begins covering obesity drugs July 1, unlocking a major new market for Novo Nordisk and Eli Lilly while raising federal spending questions.
Stock futures pointed higher Monday as tech rebounded from weekly losses. Oil rose modestly after U.S.-Iran military exchanges, while Comcast surged on split plans.
Samsung and SK Hynix plan a combined $518 billion chip manufacturing hub in South Korea, targeting surging demand from AI hardware makers.
Medicare begins covering obesity drugs July 1, unlocking a major new market for Novo Nordisk and Eli Lilly while raising federal spending questions.
The BIS flags rising public debt, financial fragilities, and AI investment sustainability as compounding global risks demanding disciplined policymaking.
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Morgan Stanley says Alphabet’s custom-chip business is undervalued as the company plans data-center expansion through 2028, calling the stock dip a buying opportunity.
Samsung and SK Hynix plan a combined $518 billion chip manufacturing hub in South Korea, targeting surging demand from AI hardware makers.
Cape Verde drew 0-0 with Saudi Arabia to become the smallest nation ever to reach the World Cup knockout round, advancing on three consecutive draws.
A new AP-NORC poll finds most Americans face daily scam attempts, and about 3 in 10 have lost money or personal data to fraud.
Finance
Stock futures slipped Wednesday to open the second half of the year as investors held back ahead of Fed Chair Kevin Warsh’s comments on interest rates.
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A federal rule change lets insurers shift roof replacement costs to homeowners, forcing a choice between filing claims or paying out of pocket.
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J.P. Morgan raised its year-end S&P 500 target to 7,800, citing stronger-than-expected earnings growth, while warning a flash crash remains a risk.
