Month: June 2025
Top oil CEOs sound the alarm as Israel-Iran strikes escalate
Smoke billows for the second day from the Shahran oil depot, northwest of Tehran, on June 16, 2025. – | Afp | Getty Images Top oil chief executives have raised the alarm over Israel and Iran’s escalating conflict, warning about the consequences of further attacks on key energy infrastructure. Israel’s surprise attack on Iran’s military and […]
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Stocks making the biggest moves premarket: Sunrun, Verve Therapeutics, T-Mobile and more
Check out the companies making headlines before the bell. Solar stocks — Companies in the space got battered as the Senate’s version of President Trump’s tax bill would phase out renewable energy incentives . Shares of Enphase Energy dropped 20%, while First Solar and Sunrun slid 16% and 36%, respectively. SolarEdge Technologies pulled back 30%. […]
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JPMorgan Chase unveils new Sapphire Reserve card perks and $795 annual fee
Key Points JPMorgan Chase is betting that a long list of new perks will keep affluent Americans hooked on its Sapphire Reserve card, despite a hefty bump in its annual fee. The bank on Tuesday unveiled an update to its premium credit card, which will now carry a $795 annual fee. The bank is touting […]
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Nasdaq-traded Chinese herb company hits near $30 billion market value after speculative surge
Key Points Shares of Regencell Bioscience, a Hong Kong-based developer of traditional Chinese herbal treatments that it says can treat childhood ADHD and autism, more than tripled Monday. The stock soared more than 280% after a 38-for-1 stock split. The company, which has no revenue, is up roughly 46,000% in 2025. On Monday, one social […]
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Trump’s $499 smartphone will likely be made in China
US President Donald Trump uses a cellphone aboard Marine One before it departs Leesburg Executive Airport in Leesburg, Virginia, on April 24, 2025. Trump is returning to the White House after attending a MAGA, Inc. dinner at the Trump National Golf Club Washington, DC. Alex Wroblewski | AFP | Getty Images The Trump Organization’s newly-announced […]
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Pain management startup Sword Health expands into mental health, raises $40 million
Sword Health, a startup focused on helping people deal with pain through digital services, is expanding into mental health and has raised additional capital to fuel its growth. The 10-year-old company is introducing Mind, which uses a combination of artificial intelligence, hardware and human mental health professionals to treat patients with mild depression and anxiety. […]
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‘Because I like them’: The UK has a magic formula that won over Trump
US President Donald Trump (L) shakes hands with British Prime Minister Keir Starmer as they speak to reporters after meeting during the Group of Seven (G7) Summit at the Pomeroy Kananaskis Mountain Lodge in Kananaskis, Alberta, Canada on June 16, 2025. Brendan Smialowski | Afp | Getty Images President Donald Trump’s mercurial nature and leadership […]
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Kraft Heinz to remove artificial dyes from U.S. products by end of 2027
Cases of Kool-Aid Jammers are stacked at a Costco Wholesale store on April 27, 2025 in San Diego, California. Kevin Carter | Getty Images Kraft Heinz said Tuesday that it will remove FD&C artificial dyes from its products by the end of 2027, and will not launch any new products in the U.S. containing those […]
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Targeted cancer drugs may replace chemo for some patients — and drugmakers say they’re getting closer
Antibody drug conjugates (ADCs) are targeted medicines that deliver chemotherapy agents to cancer cells 3d rendering Love Employee | Istock | Getty Images Chemotherapy has long been a cornerstone of cancer treatment, saving millions of lives. But the pharmaceutical industry says a popular class of targeted cancer therapies could one day replace chemotherapy and its […]
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Tencent bets its China WeChat and gaming expertise will help it win cloud business in Europe
Chinese tech company Tencent is a gaming giant and the parent company of WeChat, the ubiquitous social messaging app in China. Cheng Xin | Getty Images News | Getty Images Tencent has spent years evolving into a gaming and social media giant in China and in the process, has built up its cloud computing capabilities. […]
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