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PPL News30 articles
Enbridge Shares Dip on Debt Restructuring and Falling Oil Prices
Enbridge shares fell Monday on a debt-exchange offer and lower oil prices. The company seeks noteholder consent by June 10 for swapping debentures. TC Energy and Pembina also traded lower.
X-Energy's IPO Surge Faces Reality Check Amid Nuclear Ambitions
X-Energy shares rose 33% from IPO price to $30.53, but fell from weekly highs. Kentucky utilities explore its Xe-100 reactor as the company tackles licensing and construction challenges.
XRP Hovers Near Support as Ripple Gains EU Regulatory Nod
XRP hovers near $1.11 after Ripple's EU regulatory win, but heavy selling and a fragile $1.05-$1.10 support zone keep the token under pressure as crypto markets broadly decline.
Oil Prices Decline as US Waiver Eases Iran Supply Fears
Oil prices slid for a second day as a US waiver on Iranian oil sales and resumed Strait of Hormuz tanker traffic eased supply fears.
Natural Gas Futures Dip as Rising Supply Tempers Heat-Driven Rally
U.S. natural gas futures eased 0.6% to $3.234 as rising supply countered bullish weather forecasts. July contract gave back Monday's gains, with storage at 5.8% above the five-year average.
Apple Holds Near $297 as Big Tech Slumps; Pricing Power in Focus
Apple shares fell 0.3% to $297.01, outperforming big tech peers, as CEO Tim Cook flagged unavoidable price hikes from surging memory costs. Investors await Micron's earnings for supply clarity.
Applied Optoelectronics Jumps on China Credit Line Expansion
Applied Optoelectronics shares surged 7.8% as a China unit doubled a credit line to RMB 500 million, indicating funding for AI optics production ramp.
Jersey Mike’s Topples Chick-fil-A in Customer Satisfaction Rankings
Jersey Mike’s scored 84 in the 2026 American Customer Satisfaction Index, edging Chick-fil-A’s 83 to end its 11-year reign as top QSR, as value and digital pickup gain importance.
Apple's Pricing Warning Ignites NAND Rally, Sandisk Surges Premarket
Sandisk shares jumped 3.62% premarket to $2,263.89 after Apple CEO Tim Cook said memory price increases are unavoidable, validating NAND pricing power and driving sector-wide repricing.
Hedge Funds Pile on Brent Shorts as Iran Talks Fuel Supply Fears
Brent crude plunged nearly 4% to $79.10 as hedge funds built the largest short position since the pandemic, betting on increased supply from revived U.S.-Iran talks.
Intel Stock Surges 10.6% on Apple Partnership Hints, But Upside Looks Limited
Intel shares surged 10.64% to $133.99 after Trump announced Apple's plans to collaborate on U.S. chip design and manufacturing, adding $64.8B in market value, but the rally faces skepticism without official confirmation.
Apple Stock Nears $300 Amid Memory Cost Pressure on Pricing
Apple shares closed at $298.01, up 2.4% for the week, as Tim Cook warns product price hikes are unavoidable due to AI-driven memory chip cost increases.
Trump Family Portfolio: Nvidia, Apple, Trump Media, and Crypto Bets Revealed
Trump's accounts disclosed up to $750M in trades, including Nvidia and Apple purchases. Trump Media stake valued at $974M; Micron earnings and inflation data could impact holdings.
Intel Shares Hit Record After Apple Foundry Hint, Micron Test Looms
Intel shares closed at a record $133.99 after Trump said Apple is partnering on chip design, but details remain unconfirmed. Micron earnings this week will test AI demand.
Memory Chip Squeeze Pressures Apple Prices, Goldman Cuts Forecasts
Goldman Sachs cuts 2026-27 smartphone forecasts as memory costs surge. Apple plans price hikes, with Micron's earnings seen as a key test for the chip rally.
Applied Digital Shares Rise on $1.59B Funding for AI Campus Buildout
Applied Digital shares ended a holiday-shortened week up 9.1% after securing $1.59 billion in funding for its Polaris Forge 1 AI data-center campus, as the market weighs rapid buildout against debt.
Oklo Gains After Centrus Deal Eases Nuclear Fuel Supply Worries
Oklo shares rose 4% to $61.17 after a HALEU fuel supply deal with Centrus Energy, easing a key constraint for next-gen reactors. The agreement covers fuel for up to five Aurora powerhouses starting in 2029.
Coherent Rises on CHIPS Act Funds, Supply Risk Looms
Coherent shares rose 2.8% after receiving up to $50 million in CHIPS Act funding for its Texas facility, while China's indium export checks pose supply risks.
Applied Optoelectronics Slips Amid AI Optics Slowdown and Supply Concerns
Applied Optoelectronics (AAOI) dropped 4.3% to $161.85 in a shortened trading week, pressured by insider-sale filings, a doubled credit line, and management warnings that supply bottlenecks will cap 800G transceiver revenue into mid-2027.
Intel Surges Past AMD After Trump's Apple Chip Remarks
Intel surged 10.6% to a record $133.99 after President Trump said Apple agreed to work with Intel on US chip design and production, though details remain unconfirmed. AMD rose 4.9% as the chip sector hit a record close.
Strait of Hormuz Reopens, Oil Prices Tumble as Supply Fears Ease
Oil prices plunged nearly 10% this week as tanker traffic resumed through the Strait of Hormuz after a US-Iran interim deal, but analysts caution that risks remain.
Apple Warns of Price Hikes as AI Demand Drives Memory Chip Costs Higher; Micron Hits Record
Apple will raise prices as memory and storage chip costs surge, CEO Tim Cook says hikes are unavoidable. Micron stock closed at an all-time high on supply tightness.
Intel Hits Record High on Apple Foundry Deal, Foundry Progress
Intel shares closed at an all-time high of $133.99 after President Trump revealed Apple will work with Intel on chip design and manufacturing in the U.S., boosting confidence in Intel's foundry ambitions.
Intel Hits Record High on Apple Chip Deal Hopes
Intel shares soared to a record high after Trump said Apple will work with Intel on US chip design and production, a potential boost for Intel's foundry business.
Tech Rally Lifts Wall Street; Chip Stocks Surge on Apple-Intel Deal
U.S. stocks rose Thursday, powered by a semiconductor rally after Trump announced an Apple-Intel chip partnership. The Nasdaq climbed 1.48% as oil prices dropped, easing inflation concerns. Markets are closed Friday for Juneteenth.
Apple Set to Raise Prices as Memory Costs Surge; Micron Rallies on AI Demand
Apple will raise prices on some products as memory and storage-chip costs surge, with CEO Tim Cook calling increases unavoidable. Micron shares jumped 8.8% as investors bet on sustained chip pricing power.
Gas Dips Below $4 as Iran Deal Eases Oil Supply Fears
U.S. gasoline prices dipped below $4 a gallon Thursday after a U.S.-Iran interim deal to reopen the Strait of Hormuz, triggering a 2.33% drop in Brent crude and 2.46% in WTI; analysts warn relief may be slow as shipping risks and stalled production could delay full oil flow recovery for months.
Chip Stocks Rally on Apple-Intel Deal, Oil Drop Offsets Fed Hawkish Tone
Chip stocks rallied on Apple-Intel partnership news, lifting the Nasdaq 1.04%. Oil prices slid after a US-Iran deal, offsetting the Fed's hawkish signals.
Apple Stock Rises as Cook Warns of Unavoidable Price Hikes Due to Chip Costs
Apple shares gained 0.8% after CEO Tim Cook said product price hikes are unavoidable due to surging memory and storage chip costs driven by AI demand, with Intel up 7.8% and Micron up 6.6%.
Intel Jumps on Trump's Apple Chip Partnership Claim
Intel shares surged over 7% premarket to a record $129.84 after Trump said Apple will partner with Intel for US chip design and production, though neither company has confirmed the deal.