Month: June 2025
Super Micro shares fall on planned $2 billion convertible debt offering
The Super Micro Computer headquarters in San Jose, California, on Dec. 3, 2024. David Paul Morris | Bloomberg | Getty Images Super Micro Computer shares fell about 6% on Monday after the server maker said it plans to offer $2 billion in convertible notes, maturing in 2030. A company’s stock often falls on the announcement […]
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AI’s impact on the job market is ‘inevitable,’ says workforce expert: ‘It’s going to hurt for certain parts of the population’
For those concerned about AI’s impact on the job market, Amazon CEO Andy Jassy’s recent announcement may add even more fuel to the fire. In a memo to Amazon employees on June 17, Jassy shared that the company plans to cut down their corporate workforce in the next few years due to “efficiency gains” from […]
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U.S. House tells staffers not to use Meta’s WhatsApp
A woman walks past a logo of WhatsApp during a Meta event in Mumbai, India, on Sept. 20, 2023. Niharika Kulkarni | Nurphoto | Getty Images Meta is pushing back against a ban on WhatsApp from government devices. The chief administrative officer, or CAO, of the U.S. House of Representatives told staffers on Monday that […]
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Middle East ocean freight rates soar on Iran conflict, Strait of Hormuz shipping risks
Tankers are seen at the Khor Fakkan Container Terminal, the only natural deep-sea port in the region and one of the major container ports in the Sharjah Emirate, along the Strait of Hormuz, a waterway through which one-fifth of global oil output passes on June 23, 2025. Giuseppe Cacace | Afp | Getty Images Ocean […]
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Trump slams Russia’s Medvedev for claiming countries will give Iran nuclear warheads
Russia’s Security Council’s Deputy Chairman Dmitry Medvedev attends a meeting of the Council for Science and Education at the Joint Institute for Nuclear Research in the Moscow region’s city of Dubna, Russia June 13, 2024. Alexei Maishev | Via Reuters President Donald Trump on Monday lashed out at former Russian President Dmitry Medvedev for claiming […]
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Airlines divert, cancel more Middle East flights after Iran attacks U.S. military base
Airspace over the Middle East on Monday afternoon EDT, according to FlightRadar24. Courtesy: Flightradar24 Airlines diverted more flights in the Middle East on Monday after Iran’s armed forces said the country launched a missile strike on a U.S. military base in Qatar, exacerbating the region’s military conflict. At least six commercial aircraft turned around near […]
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Fundstrat’s Tom Lee says he is not surprised by market’s resilience after U.S. attack on Iran
The market’s mild reaction to the U.S.’ bombing of Iran over the weekend isn’t all that unexpected, according to investor Tom Lee. The major averages were mostly steady on Monday, even after the U.S. entered Israel’s war against Iran by striking three Iranian nuclear sites. Stocks were last trading around the flatline. Oil prices were […]
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Live updates: Iran says it launched missiles at U.S. military bases in Qatar and Iraq
Stocks are positive as traders view Iran missile attacks as a limited response Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., June 23, 2025. Brendan McDermid | Reuters Stock indexes are positive so far this afternoon despite the Iranian attacks on U.S. bases, as investors view […]
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Iran says it attacked U.S. military base in Qatar with missiles
Iran says it attacked U.S. military base in Qatar with missiles Source
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Senators will stay in D.C. until Trump’s ‘big, beautiful bill’ passes, Thune says
U.S Senate Majority Leader John Thune (R-SD) speaks to reporters following the weekly Republican policy luncheon at the U.S. Capitol Building on June 10, 2025 in Washington, DC. Kayla Bartkowski | Getty Images Senate Majority Leader John Thune said Monday that lawmakers in his chamber will remain in Washington, D.C., until they pass President Donald […]
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