Today: 29 June 2026
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NASDAQ:FOX 6 December 2025 - 16 June 2026

IRS Issues Nationwide Warning as Trump Promises Record Tax Refunds: What the ‘Big Beautiful Bill’ Means for Your 2026 Tax Return

IRS Issues Nationwide Warning as Trump Promises Record Tax Refunds: What the ‘Big Beautiful Bill’ Means for Your 2026 Tax Return

The IRS will stop issuing most paper tax refund checks after September 30, 2025, moving to electronic payments under an executive order. Taxpayers without direct deposit information may face a six-week delay for paper refunds. The Trump administration claims the 2026 filing season will bring record refunds under the new OBBBA law, though economists warn of possible inflation risks.

Stock Market Today

  • AMD Shares Dip Below Wall Street Targets Amid Semiconductor Sector Selloff
    June 28, 2026, 6:22 PM EDT. Advanced Micro Devices (AMD) shares fell 2.06% to $521.58 on June 26, with trading volume 39% above the 65-day average, reflecting a broader chip sector selloff. AMD's stock is down 5.4% since Monday and trades 7.4% below its 52-week high. The average analyst price target is $502.92, below current levels, while the top estimate stands at $670. Semiconductor peers Nvidia and Intel also declined sharply, pushing the PHLX chip index down 5.3% for the day and 7.9% for the week. UBS analyst Timothy Arcuri maintains a bullish outlook, increasing AMD's target to $670 based on projected CPU server revenue growth through 2030, despite ongoing concerns over AI spending and market inflation pressures in memory prices.

Latest articles

IREN Limited (NASDAQ:IREN) slides as Warriors badge faces AI revenue test

IREN Limited (NASDAQ:IREN) slides as Warriors badge faces AI revenue test

29 June 2026
IREN Limited (NASDAQ:IREN) plunged 21.3% to $47.21 over five straight down days despite announcing a record $50M+ annual Warriors jersey deal, as investors focused on the company’s not fully contracted $4.4B target ARR and high short interest at 19.74% of float, with Friday’s close near the lowest analyst target.
Kroger (NYSE:KR) chicken alert puts Private Selection label controls in focus

Kroger (NYSE:KR) chicken alert puts Private Selection label controls in focus

29 June 2026
Kroger (NYSE:KR) faces scrutiny after a USDA alert flagged mislabeled Private Selection Honey Dijon chicken in nine states, but with no confirmed adverse reactions and the product already off shelves, the stock closed Friday at $57.73, down 5 cents; any expansion of affected lots or confirmed cases could alter risk for investors.
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