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Mortgage Rates Linger Near 2026 Highs as Fed Meeting Looms
U.S. mortgage rates are hovering near their highest levels since 2026, with the 30-year fixed averaging 6.57% as borrowers await the Federal Reserve's next move.
New York Enacts Law to Block 3D-Printed Firearms
New York's FY27 budget law requires 3D printers sold in the state to include firearm-blocking technology, subject to a feasibility review, with a $5,000 penalty for noncompliance.
Grab Stock Nears 52-Week Low Despite Strong Q1 Growth; Q2 Results and Taiwan Deal in Focus
Grab shares hover near their 52-week low at $3.30, despite solid Q1 performance with revenue up 24% and adjusted EBITDA up 46%. The market awaits Q2 earnings and regulatory clarity on the Taiwan foodpanda deal.
KEEL Stock Hovers Near $5.66 on AI Debt Deal and Russell 3000 Inclusion
KEEL stock trades near $5.66 after hours as investors digest a $458M convertible note deal and upcoming Russell 3000 index inclusion, balancing AI data-center potential against ongoing losses.
AST SpaceMobile Tumbles as Space Stock Momentum Cools Ahead of Key Satellite Launch
AST SpaceMobile shares plunged 15.5% to $82.41 amid a sector-wide selloff after SpaceX's market debut. The upcoming June 17 BlueBird satellite launch is the next major catalyst.
Convicted Fintech Founder Seeks Trump Pardon in JPMorgan Fraud Case
Charlie Javice, convicted of defrauding JPMorgan in its $175 million Frank acquisition, is seeking a presidential pardon from Donald Trump as appeals and legal battles continue.
Fed Rate Decision, Retail Data to Steer Market Direction This Week
U.S. stocks rallied Friday but now face a crucial test as investors await Wednesday’s Federal Reserve decision and retail sales data.
Ondas Holdings Drops 5% Ahead of STOXX Index Inclusion and LADOS Debut
Ondas shares fell 5% to $9.33 on heavy volume as investors weighed upcoming STOXX index additions and the LADOS system debut at Eurosatory 2026, with the stock's outlook hinging on converting a $457 million backlog into revenue amid cash burn and share-supply risks.
Rocket Lab Shares Tumble Despite Nasdaq-100 Inclusion; SpaceX Debut Sours Sentiment
Rocket Lab shares dropped 10.79% to $102.39 on Friday, as a SpaceX debut sparked profit-taking across space stocks, overshadowing the company's upcoming Nasdaq-100 inclusion.
Tesla Closes Above $400 Amid Robotaxi Optimism and SpaceX Debut
Tesla closed above $400 at $406.43, up 1.8%, as robotaxi bets grow and SpaceX's debut fades. J.P. Morgan raised its target to $475, citing autonomy and robotics.
Redwire Shares Slide 11.6% on $500M ATM Equity Plan, Dilution Fears
Redwire shares tumbled 11.6% to $15.12 after unveiling a $500M at-the-market equity program, stoking dilution worries as investors await proof of backlog conversion.
SMCI Slides 4.8% on $7B Financing, AI Order Dilution Fears
Super Micro Computer shares slid 4.8% after announcing a $7B equity and convertible financing for AI-server orders, but warned the $39B in orders are not firm commitments, fueling dilution fears.