Brent under $78 after Iran waiver; traders weigh supply risk
Oil slid for a second day on Tuesday. Traders pointed to a short-term U.S. waiver on Iranian oil and resumed tanker traffic through the Strait of Hormuz as cooling supply concerns.
Big VCs Back Fomo’s Crypto Trading App With $75M Round
Fomo has landed $75 million in Series B funding led by Index Ventures, putting the crypto trading app’s valuation at $550 million. The New York-based company picked up capital from Union Square Ventures, Benchmark, and angels like Zynga co-founder Mark Pincus, Discord CEO Humam Sakhnini, and Eventbrite co-founder Kevin Hartz. Fomo says it aims to make on-chain trading appeal to the broader market.
US Stock Market Today: Live Updates 23.06.2026
LIVEMarkets rolling coverageStarted: June 23, 2026, 4:00 AM EDTUpdated: June 24, 2026, 3:59 AM EDT KNDS NV Launches IPO Process in Frankfurt and Paris June 24, 2026, 3:58 AM EDT. Tankmaker KNDS NV began the initial public offering (IPO) process in Frankfurt and Paris, marking a significant move in its evolution as a pan-European defense firm. The IPO aims to attract investors across major financial hubs, supporting KNDS’s strategy to expand its market presence in the defense sector. This development highlights increased activity in the European defense market as companies seek to leverage public capital for growth. Tankmaker KNDS Kicks
Keel Shares Hit Record—What’s Next for the Stock
Keel Infrastructure Corp. ended Monday up 5.9%, hitting a new 52-week high. The former Bitcoin miner has rallied as investors target its power properties for possible AI data center leasing.
Nokia Shares Pop After Google Cloud AI Announcement
Nokia shares in Helsinki climbed 4.2% to 12.28 euros Monday, while its U.S. American depositary receipts gained 7.0% to $14.43 after the company and Google Cloud said they expanded their AI network-software partnership. Nokia’s investor site showed the Helsinki price at 18:29 EET/EEST and the NYSE level at 23:10 EET/EEST.
AeroVironment (NASDAQ:AVAV) falls after restatement; SCAR backlog risk eyed
AeroVironment stock fell hard Monday as the company refiled quarterly numbers showing bigger losses in its Space operations. The move reignited worries about the U.S. Space Force’s SCAR project. AeroVironment ended at $151.33, dropping $18.30, or 10.8%. Trading volume was more than double its usual level, market data showed.
ITG aims for $2.7 billion valuation in Nasdaq IPO as Oaktree-backed infrastructure group looks to go public
ITG, backed by Oaktree, is looking to bring in up to $429.3 million through a Nasdaq IPO, according to its filing Monday. The contractor builds and maintains broadband and data infrastructure.
SMH ETF flows point to AI chip trade moving away from Nvidia
The VanEck Semiconductor ETF saw nearly $7 billion pour in on Monday, the biggest sign yet of investors looking beyond just Nvidia and into a basket of chip suppliers. That flow is making its mark. Semiconductor stocks climbed on the day, while the big tech names dragged the Nasdaq lower.
Caterpillar’s AI power trade gets fresh proof as Microsoft-Chevron deal taps Solar Turbines
Caterpillar was pulled deeper into the artificial-intelligence power trade on Monday after Chevron said a Caterpillar unit would help supply capacity for Project Kilby, a 2.67-gigawatt natural-gas power development tied to a Microsoft-operated data center in West Texas. The project gives the heavy-equipment maker a concrete place in one of the largest U.S. co-located power-and-compute plans disclosed so far.
Social Security June 24 payments: who qualifies and timing details
The Social Security Administration will send out the last round of regular June payments on Wednesday for people with birthdays between the 21st and the end of the month. That finishes up June's standard cycle for millions of recipients. Earlier in June, some exception groups were paid already.
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.