Bitcoin hits $65,000, Strategy puts bulk of new equity cash on hold
Bitcoin climbed 1.9% to $65,201 on Monday, with an earlier high of $65,241 coming as signs of a U.S.-Iran peace breakthrough calmed oil worries and brought buyers back to risk.
Yum Brands unloads Pizza Hut in $2.7 billion deal with LongRange and Yum China
Yum Brands is offloading Pizza Hut in a split sale worth $2.7 billion, sending most of the pizza chain to LongRange Capital and selling the China business to Yum China Holdings. The move wraps up a strategic review started in November and shifts Pizza Hut out of the same group as KFC and Taco Bell.
Crypto trading app Fomo raises $75 million as retail interest returns to digital assets
Fomo, a consumer crypto trading app started by former dYdX staff, raised $75 million in new funding led by Index Ventures, a deal that values the startup at $550 million and points to fresh investor appetite for retail trading platforms after a bruising crypto pullback. Union Square Ventures also joined the round, Fortune reported.
Premarket stalls for NYSEARCA: SPY, NASDAQ: QQQ slips as AI trade cools, oil drop doesn’t move futures
U.S. stock futures edged lower early Monday, with SPDR S&P 500 ETF Trust and Invesco QQQ Trust set for a cautious start. September E-mini S&P 500 futures showed 7,556.25, down 14.50 points or 0.19%, while E-mini Nasdaq-100 futures posted 30,647.00, off 72.75 points or 0.24%. Dow E-minis were off 49 points, or 0.09% earlier, according to Reuters. Traders are weighing oil price relief from U.S.-Iran talks against higher Treasury yields and a PCE inflation reading due Thursday.
US Stock Market Today: Live Updates 22.06.2026
LIVEMarkets rolling coverageStarted: June 22, 2026, 4:00 AM EDTUpdated: June 23, 2026, 3:59 AM EDT Nippon India ETF Nifty PSU Bank BeES Tops Index ETFs with 28% One-Year CAGR June 23, 2026, 3:59 AM EDT. Nippon India ETF Nifty PSU Bank BeES led index exchange-traded funds (ETFs) with a 28.0% compound annual growth rate (CAGR) over one year, per ACE MF data on June 22. The fund also delivered a 29.7% CAGR over three years. Kotak Nifty PSU Bank ETF matched the one-year return at 28.0%, while Nippon India Nifty Pharma ETF posted 15.2%. Bharat 22 ETF holds the largest
Nu Holdings stock: Buyback and credit risks shape NU after rebound in shortened week
Nu Holdings Ltd. will try to hold onto gains Monday after the stock slipped 1.4% to $12.71 on Thursday. The NYSE-listed shares of the Brazilian digital bank still finished about 4.3% higher than their June 12 close. U.S. markets were shut Friday for Juneteenth, so Thursday’s finish was the last regular-session price.
AI Infrastructure Stocks Outpace Nvidia as Power Becomes the Bottleneck
GE Vernova, Vertiv and Eaton outpaced Nvidia in the holiday-shortened U.S. week, while federal regulators moved to address the grid connections holding back new data centers.
Rocket Lab readies for Nasdaq-100 start as shares recover after the holiday
Rocket Lab is set to start Monday as part of the Nasdaq-100, a move that puts the launch and space systems company in more big growth indexes. It follows a bumpy stretch for space stocks last week.
Ford Starts Week Down With Canada Labor Talks Ahead After Juneteenth Pause
Ford Motor shares start the week lower, after dropping 5.3% in last week’s shortened session. Investors shrugged off Thursday’s recovery, focusing instead on upcoming Canadian labor talks that may influence the Detroit automakers.
ARK picks up $52 million in Snowflake shares, bets on AI cloud
ARK Investment Management bought $52 million worth of Snowflake, pulling Cathie Wood back into a big AI software bet. The move comes under a month after the cloud data stock rallied on strong earnings and a major deal with Amazon Web Services.
Veterans Kick Off Indiana Freedom Runs Before America’s 250th
Crooked Lake Freedom 5 in Angola is listed for Independence Day on Indiana’s calendar, with officials planning to connect the holiday to the 250th anniversary and salute military service. The July 4 event at Crooked Lake is set for the morning. Race organizers will discount entry for military and first responders.
US Stock Market Today: Live Updates 21.06.2026
LIVEMarkets rolling coverageStarted: June 21, 2026, 4:00 AM EDTUpdated: June 22, 2026, 3:59 AM EDT Microsoft Shares Slide 20% in 2024 but Valuation Models Suggest Undervaluation June 22, 2026, 3:55 AM EDT. Microsoft (MSFT) stock has fallen nearly 20% year-to-date, closing at $379.40, reflecting broader tech sector pressures and mixed sentiment on AI and cloud growth prospects. Despite this, long-term returns remain strong, with 3- and 5-year gains of 18.2% and 47.1%. A Discounted Cash Flow (DCF) analysis values the stock at $557.83, implying a 32% undervaluation compared to current prices. Microsoft’s Price-to-Earnings ratio stands at 22.51, below the software
Apple Price Increases Turn Spotlight on Memory Chip Shortages After Goldman Trims Smartphone View
Goldman Sachs trimmed its global smartphone shipment estimates for 2026 and 2027 on Saturday after memory-chip costs jumped. The bank now expects volumes of 1.14 billion units in 2026 and 1.17 billion units in 2027, blaming tighter supply and high memory prices. The higher costs, Goldman said, are starting to show up in the prices of phones and laptops.
Astera Labs Stock Kicks Off Nasdaq-100 Debut Week at New Highs as ALAB Rally Extends Valuation
Astera Labs is set to open at an all-time high Monday as it joins the Nasdaq-100, a move likely to bring more inflows after what’s been a standout run among AI chip names this year. The stock last changed hands during Thursday’s session at $417.07, after hitting $421.20 earlier that day. U.S. markets were closed Friday for Juneteenth and remained shut through the weekend.
Insurers scramble to address AI health fraud while liability cover falls short
AI is moving past productivity projects at insurers. It’s turning into a claims risk, triggering liability worries and giving criminals on health plans a low-cost way to fake evidence.
SpaceX ETF Rush Hits Retail Risk Nerve After Record IPO
SpaceX’s debut week trading as a public company is seeing Wall Street put Elon Musk trades to the test. Over $10 billion has already moved through leveraged funds tied to the rocket-and-satellite firm. Flows in big ETFs hit Cathie Wood’s flagship fund hard.
Pennsylvania gas prices near U.S. average ahead of July Fourth
Pennsylvania drivers saw pump prices slide again Saturday, as regular gasoline in the state dropped to $4.109 a gallon, according to AAA. That’s down from $4.231 last week and $4.644 a month ago. The pullback has brought state prices closer to the national average after a month-long drop.
US Stock Market Today: Live Updates 20.06.2026
LIVEMarkets rolling coverageStarted: June 20, 2026, 4:00 AM EDTUpdated: June 21, 2026, 3:59 AM EDT Prosecutors Raid Securities Firms in 100 Billion Won DI Dongil Stock Manipulation Case June 21, 2026, 3:56 AM EDT. Prosecutors launched raids on several securities firms in connection with a 100 billion won ($75 million) stock price manipulation case involving DI Dongil. The investigation targets financial experts and minority shareholder activists accused of artificially inflating the price of DI Dongil shares. The probe focuses on suspected coordinated trading designed to deceive investors and distort market prices. Authorities aim to curb illegal market practices and protect
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