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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.
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.