Berkshire Hathaway Gains as Taylor Morrison Vote Nears
Markets Daniel Marsh

Berkshire Hathaway Gains as Taylor Morrison Vote Nears

Berkshire Hathaway (BRK.B) shares closed up 0.71% at $489.25 as the Taylor Morrison acquisition moves toward a shareholder vote, highlighting CEO Greg Abel's capital allocation strategy.

BRK.B
Cisco's AI Hopes Tested as Valuation Concerns Weigh on Shares
Technology Sarah Chen

Cisco's AI Hopes Tested as Valuation Concerns Weigh on Shares

Cisco shares fell 0.6% Friday as Wall Street weighs strong AI demand against valuation and margin risks ahead of Q4 earnings.

CSCO
SpaceX Soars 19% on Nasdaq Debut, Musk Becomes First Trillionaire
IPO Michael Okonkwo

SpaceX Soars 19% on Nasdaq Debut, Musk Becomes First Trillionaire

SpaceX surged 19% on its first trading day, closing at $160.95 and achieving a $2.1 trillion market cap. Elon Musk's net worth hit trillionaire status, while Virgin Galactic and Rocket Lab shares fell sharply.

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Trump Media Nears 52-Week Low as Focus Shifts to TAE Merger
Markets Daniel Marsh

Trump Media Nears 52-Week Low as Focus Shifts to TAE Merger

Trump Media & Technology Group (DJT) shares slid 5.45% to $7.80, hovering near their 52-week low, after dropping plans for a Truth Social spinoff and focusing on a merger with TAE Technologies.

DJT
PepsiCo Shares Steady Near $144 Amid Analyst Divergence Ahead of Q2 Report
Earnings James Calloway

PepsiCo Shares Steady Near $144 Amid Analyst Divergence Ahead of Q2 Report

PepsiCo shares ended Friday at $144.27, up 0.39%, as analysts split on the stock ahead of the July 9 Q2 earnings report. Recent price targets range from $143 to $178.

PEP
Annaly Capital Stock Steady Near $22 After Dividend Increase, Fed Meeting in Focus
Earnings James Calloway

Annaly Capital Stock Steady Near $22 After Dividend Increase, Fed Meeting in Focus

Annaly Capital Management raised its quarterly dividend to $0.75 per share, boosting its annualized yield to about 13.6%. The stock closed near $22 as investors weigh the payout against interest rate risks.

Paramount Skydance Shares Rally After DOJ Approves Warner Bros. Discovery Deal; European Scrutiny Next
Markets Daniel Marsh

Paramount Skydance Shares Rally After DOJ Approves Warner Bros. Discovery Deal; European Scrutiny Next

Paramount Skydance shares surged after-hours after the DOJ approved its $81 billion Warner Bros. Discovery takeover, removing a major U.S. antitrust hurdle. The next key milestone is the European Commission's July 7 ruling.

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Verizon Gains as Dividend Appeal Boosts Dow's Telecom Sector
Markets Daniel Marsh

Verizon Gains as Dividend Appeal Boosts Dow's Telecom Sector

Verizon shares climbed 2.49% to $48.11 on Friday, outperforming peers and boosting the Dow, as investors favored its high dividend yield ahead of July 24 earnings.

VZ T TMUS
Accenture Shares Bounce Back Ahead of Q3 Report; AI Growth in Focus
Earnings James Calloway

Accenture Shares Bounce Back Ahead of Q3 Report; AI Growth in Focus

Accenture shares rebounded 1.65% to $170.28 on Friday, halting a five-day slide, as the market eyes the June 18 Q3 earnings release.

ACN
Amkor Technology Hits New Highs on AI Chip Packaging Demand
Technology Sarah Chen

Amkor Technology Hits New Highs on AI Chip Packaging Demand

Amkor Technology closed at $82.78, up 8.7%, as investors focus on AI packaging demand and Q2 earnings. The stock trades near its 52-week high with a market cap of $20.7 billion.

AMKR AMD NVDA AAPL INTC FORM
Realty Income Rises on Dividend Hike and $9.5B Investment Target
Markets Daniel Marsh

Realty Income Rises on Dividend Hike and $9.5B Investment Target

Realty Income closed at $62.72, up 1.31%, outperforming peers as the market eyes its dividend yield and upcoming operating update.

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WBD Shares Lag Despite DOJ Antitrust Clearance for Paramount Deal
Regulation James Calloway

WBD Shares Lag Despite DOJ Antitrust Clearance for Paramount Deal

WBD shares rose 0.45% to $26.98 after DOJ cleared the Paramount Skydance takeover, but the stock remains 15% below the $31 deal price as investors weigh FCC and state legal hurdles.

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