Month: June 2025
Meta shares hit all-time high as Mark Zuckerberg goes on AI hiring blitz
Mark Zuckerberg, chief executive officer of Meta Platforms Inc., during the Meta Connect event on Wednesday, Sept. 25, 2024. Bloomberg | Bloomberg | Getty Images Meta shares hit a record high on Monday, underscoring investor interest in the company’s new AI superintelligence group. The company’s shares reached $747.90 during midday trading, topping Meta’s previous stock […]
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Joby Aviation stock pops 14% after delivering first flying taxi to UAE
An electric air taxi by Joby Aviation flies near the Downtown Manhattan Heliport in Manhattan, New York City, U.S., November 12, 2023. Roselle Chen | Reuters Joby Aviation stock soared about 14% as the flying air taxi maker got closer to launching a service in the United Arab Emirates. The electric vertical takeoff and landing, […]
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Robinhood gives out tokens of OpenAI and SpaceX in Europe. Stock hits record
CANNES — Robinhood stock climbed 10% to an all-time high Monday after the company rolled out tokenized shares of OpenAI and SpaceX to users in Europe as part of a larger crypto rollout. It is the company’s first move to make private equity accessible via blockchain. The announcement, which came Monday during the company’s product showcase […]
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Analyst Dan Ives says it will be the summer of $4 trillion market caps for surging tech giants
Nvidia and Microsoft will be the first to join the exclusive $4 trillion market cap club as the appetite for artificial intelligence skyrockets, according to Dan Ives, Wedbush Securities global head of technology research. The two stocks have had an incredible bounce back this quarter after a rough start to the year, as fears around […]
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Robinhood expands its global push, minutes from crypto chief’s old cramped apartment in Cannes
CANNES — Fifteen years after flipping burgers at a McDonald‘s and teaching himself to code at night in a cramped apartment near the French Riviera, Robinhood crypto chief Johann Kerbrat is back. The last time he lived around Cannes, he was 21 — with no connections, no funding, and no formal business training. But he […]
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Oracle stock jumps after $30 billion annual cloud deal revealed in filing
Oracle CEO Safra Catz speaks at the FII PRIORITY Summit in Miami Beach, Florida, on Feb. 20, 2025. Joe Raedle | Getty Images Oracle shares jumped more than 5% to an all-time high after a recent filing showed a cloud deal that would add more than $30 billion annually. CEO Safra Catz is expected to […]
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Home Depot is buying GMS for about $4.3 billion as retailer chases more home pros
A Home Depot store in San Carlos, California, US, on Monday, Nov. 11, 2024. David Paul Morris | Bloomberg | Getty Images Home Depot said Monday that it is buying GMS, a building products distributor, for about $4.3 billion as the retailer moves to draw more sales from contractors and other home professionals. Shares of […]
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WNBA announces three new teams in Cleveland, Detroit and Philadelphia
Napheesa Collier, #24 of the Minnesota Lynx, scores the game-winning basket during the game against the New York Liberty in Game 1 of the 2024 WNBA Finals at Barclays Center in Brooklyn, New York, on Oct. 10, 2024. Nathaniel S. Butler | National Basketball Association | Getty Images The WNBA announced on Monday it has […]
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Jim Cramer says his second-half playbook for investors is quite simple
Jim Cramer’s second-half playbook for investors is all about getting back to the basics. On CNBC’s “Squawk on the Street,” Cramer had a straightforward response when asked where investors should put their focus in the coming months. Choose stocks in companies that are “doing well,” he said Monday, shortly before the opening bell, as the […]
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Senate begins voting on dozens of amendment’s to Trump’s domestic spending bill
Visitors to the U.S. Capitol rest in the shade on Capitol Hill in Washington, D.C., U.S., June 25, 2025. Nathan Howard | Reuters Senators on Monday began offering amendments to President Donald Trump’s megabill, following a weekend of tense negotiations to try to get the president’s second term domestic priorities through the upper chamber. The […]
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