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AI Storage Demand Drives Morgan Stanley to Boost Western Digital Target to $650
Morgan Stanley lifted its Western Digital price target to $650, citing AI data-center storage demand. WDC shares surged 13% as 2026 HDD capacity is fully booked.
VTI ETF Nears Record High Amid Fee and Valuation Scrutiny
VTI hovered near its 52-week high Monday as investors assessed its earnings yield versus Treasury yields, with low fees and tech-heavy holdings in focus.
Gold and Silver Rally as Oil Retreats on Strait of Hormuz Reopening Deal
Gold jumped 3% and silver climbed 4.6% as oil prices plunged to a three-month low after the U.S. and Iran agreed to reopen the Strait of Hormuz, easing inflation fears.
SpaceX Nasdaq Debut Sparks Robinhood App Surge and Trading Delays
Robinhood saw a 65% spike in app downloads on Friday as SpaceX shares began trading on Nasdaq, surging 19% and driving record retail trading volumes, leading to platform issues.
Ethereum Rebound Watch: BitMine Accumulates 5.62M ETH, Lee's $22K Target in Focus
BitMine boosts Ethereum stash to 5.62M ETH, reigniting debate over Tom Lee's $22,000 target as ETH trades near $1,775.
Rocket Lab Rebounds on KeyBanc Upgrade Ahead of Nasdaq-100 Inclusion
Rocket Lab shares rebound 6% premarket after KeyBanc upgrade to Overweight, ahead of Nasdaq-100 inclusion on June 22. Strong Q1 earnings and backlog support the bullish call.
Truist Appoints Former Fiserv CEO Michael Lyons as Next President and CEO
Truist Financial has selected Michael P. Lyons to lead the $549 billion-asset bank as president and CEO starting September 1, 2026, succeeding Bill Rogers in a planned transition.
JetZero Launches $4.7B Aircraft Plant in Greensboro, Sparking Housing Push
JetZero begins construction on an 8-million-square-foot aircraft facility at Piedmont Triad International Airport, backed by $4.7 billion in investment and over 14,500 jobs, while Greensboro accelerates its housing plan.
Fiserv Appoints New CEO as Lyons Departs for Truist
Fiserv appoints Takis Georgakopoulos as CEO, replacing Mike Lyons who moves to Truist. The company reaffirms its 2026 guidance.
FreeCast's DIRECTV Deal Sparks Rally, but Financial Risks Loom
FreeCast shares jumped 140.68% after expanding its DIRECTV partnership, but the company's small revenue, deep losses, and going-concern warning keep the stock highly risky.