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Tesla Stock Gains Amid Market Rally, EU FSD Scrutiny Intensifies
Tesla shares climbed in premarket trading Monday amid a broad market rally, but fresh regulatory risk emerged as European officials intensify scrutiny of the company's Full Self-Driving safety data.
Social Security Trust Fund Depletion Moves Up to Late 2032, Pressuring Congress
Social Security's retirement trust fund depletion date has moved up to late 2032, a quarter earlier than last year, threatening 22% benefit cuts without Congressional action.
SanDisk Stock Nears $2,000 on AI Demand, But Cyclical Fears Linger
SanDisk stock surged 5% to $1,980 after Q3 revenue jumped 251% and the company announced $6B buyback. AI demand fuels growth, but analysts flag cyclical risks.
SpaceX Shares Surge After IPO, Baron Capital Stake Hits $15 Billion
SpaceX shares gained over 6% premarket after a 19% IPO jump, valuing the company at over $2 trillion. Baron Capital's stake is now $15 billion, while Musk projects $1 trillion revenue by 2030.
Gold Surges on US-Iran Peace Deal; Oil Slips, Dollar Weakens
Gold surged 3% to $4,345/oz after a US-Iran peace deal lowered oil prices and weakened the dollar, reducing Fed rate hike expectations.
Silver Surges Past $70 as Dollar Weakens, Fed Meeting Looms
Silver surged nearly 4% to $70.76 on Monday as a weaker dollar and lower oil prices boosted precious metals, with the Fed's June meeting as the next catalyst.
BofA CEO: Consumers Shift to Bargain Hunting Amid Inflation Squeeze
Bank of America card spending grew 5.1% YoY in May, fastest in nearly four years, but CEO Brian Moynihan warns consumers are trading down on purchases like pet food as inflation outpaces wage growth.
Redwire Stock Recovers Premarket After $500M Dilution Fears Trigger 18% Weekly Drop
Redwire (RDW) recovers to $15.69 premarket after an 11.5% Friday drop tied to a $500M ATM offering, with analysts eyeing Q2 results as the next catalyst.
SMCI Stock Under Pressure Ahead of $7B AI Financing Closure
Super Micro Computer shares fell 4.7% to $30.46 as investors assess dilution from a $7B capital raise tied to $39B in AI-server orders.
Michigan Gas Prices Rise Slightly, Lansing Market Shows Divergence
Michigan's average gas price rose to $4.18/gallon Monday, up from $4.15 last week, with Lansing showing split pump prices. State remains above national average.
Palantir Shares Dip Amid Concerns Over AI Pricing and Government Contract Risks
Palantir shares slipped as investors question AI pricing and contract risks ahead of Q2 results, with revenue guidance at $1.797-1.801 billion.