Latest News
Social Security 2027 COLA Estimate Climbs to 3.8% on Sticky Inflation
The Senior Citizens League now estimates a 3.8% Social Security COLA for 2027, driven by May's 4.4% CPI-W jump. This would boost average monthly benefits by $77.
Trade Desk Shares Recover After Publicis Settlement, Yet Growth Hurdles Loom
The Trade Desk shares gained 2.01% after settling a dispute with Publicis, removing a key overhang, but the stock still trades near its 52-week low as Q2 results approach.
Alumis Stock Jumps 15.6% on Strong Analyst Support and Psoriasis Trial Results
Alumis shares jumped 15.55% on double average volume, driven by strong analyst support and late-stage psoriasis data. The company remains high-risk with no approved products.
Maase Stock Surges on AI Acquisition Filing Details
Maase Inc. shares surged 15.73% after an SEC filing detailed its Times Good acquisition, highlighting AI-computing growth potential alongside losses and a going-concern warning.
Palantir Dips on Governance and UK Contract Review
Palantir shares fell 2.36% to $127.99 amid governance concerns and a UK contract review, despite robust AI-driven revenue growth.
West Marine to Close 59 Stores, Executive Bonuses Draw Scrutiny
West Marine is closing 59 stores in 23 states amid Chapter 11 bankruptcy, having paid $1.075 million in executive bonuses just before filing. The company owes over $65 million to top vendors.
SpaceX Soars 19% in Record $75B IPO, Retail Investors Get 20% Allocation
SpaceX shares surged over 19% in its Nasdaq debut after a record $75 billion IPO, with retail investors receiving 20% of the allocation.
SpaceX IPO Propels Musk to Trillionaire Status
SpaceX's historic IPO raised $75 billion, the largest ever, and pushed Elon Musk's net worth above $1 trillion, making him the world's first trillionaire.
137 Ventures Reaps $20B Windfall as SpaceX IPO Surges Past $2T
SpaceX went public at a record $75 billion IPO, closing with a $2.1 trillion market cap. Early investor 137 Ventures' 1% stake is now worth roughly $20 billion.
Wall Street Ends Higher on Iran Deal Optimism and Falling Oil Prices
The Dow Jones surged 353.42 points Friday, buoyed by optimism over a potential U.S.-Iran peace deal and declining oil prices, but inflation concerns persist ahead of the Fed's meeting next week.
Wall Street Ends Week Higher on Oil Drop, SpaceX Rocket Launch
U.S. stocks rose on Friday as oil prices declined on optimism about a U.S.-Iran deal, and SpaceX's IPO surged 28% on its first day.
Roku stock surges on Evercore upgrade, S&P MidCap 400 inclusion ahead
Roku shares surged after Evercore ISI reiterated its outperform rating and $185 price target, highlighting the company's redesigned home screen and advertising opportunities. The stock is set to join the S&P MidCap 400 on June 22.