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YDDL News30 articles
Dow Jones Rises on Home Depot and 3M Gains; Alphabet to Replace Verizon in Index
The Dow Jones Industrial Average gained 302 points on Wednesday, driven by strong performances from Home Depot and 3M. Alphabet shares rose after being selected to replace Verizon in the Dow index.
Grab, GoTo Cut Indonesia Bike-Hailing Commissions to 8% After New Cap
Grab and GoTo slash Indonesia motorcycle ride-hailing commissions to 8% from 20% starting July 1, following a new government cap. Grab shares edged lower in pre-market trading.
Micron Earnings in Focus as AI Demand Questioned
Micron shares climb 3.8% premarket after a 13% drop, as Wall Street awaits earnings to gauge AI-driven demand. Nasdaq futures rise 0.41% amid tech recovery hopes.
SoFi's AI Trading Platform Tests Member Monetization
SoFi unveils Composer by SoFi, an AI trading platform, aiming to convert members into fee-generating investors. Shares rose 1.11% as analysts weigh risks.
Delta CEO: Lower Jet Fuel Alone Won't Cut Fares Without Capacity Growth
Delta CEO Ed Bastian says lower jet fuel prices alone won't lower fares without increased flight capacity. U.S. carriers paid $6.47 billion for fuel in April, up 78% from last year, while Q3 capacity growth is just 0.4%.
Focus Universal Surges After Reverse Split, but Fundamentals Questioned
Focus Universal (FCUV) surged post-reverse split, but weak Q1 revenue and going concern doubts persist.
Grab Faces Indonesia Fee Cut Test as Margins Tighten
Grab shares hover near $3.48 as Indonesia cuts ride-hailing commissions from 20% to 8% from July 1, pressuring margins. Investors eye volume growth and AI tools to offset profit risks.
Plug Power Shares Stagnate as Liquidity Milestone Looms
Plug Power shares hover near $2.79 as the hydrogen firm races to close a critical asset sale by month-end to shore up liquidity, with the stock still down 39% from its peak.
Intel Retreats 8% in Premarket After $700B Market Cap Milestone
Intel shares slid about 8% in premarket trading Tuesday after closing Monday at a record high, as investors reassess AI-driven gains and rate risks.
Blackstone-Led Lenders Take Over Medallia, Wiping Out Thoma Bravo's $5 Billion Equity
Lenders led by Blackstone, Apollo, and FS KKR Capital have taken control of Medallia from Thoma Bravo, wiping out the buyout firm's $5 billion equity stake. The restructuring includes $150 million in new capital.
US Makes Global Hawk Drone Deployment in Japan Permanent
The US Air Force has permanently stationed three RQ-4B Global Hawk drones at Yokota Air Base, Japan, shifting from seasonal to year-round operations to boost surveillance in the Pacific.
SpaceX IPO Honeymoon Fades as Lockups, ETF Flows, and Retail Rules Stir Volatility
SpaceX shares closed at $185 in its first public week, down from a high of $225.64, as ETF flows, lock-up expirations, and retail restrictions add supply concerns.
Israeli Drone Maker UVision Targets $4B Nasdaq IPO Amid Defense Market Shifts
Israeli defense firm UVision Air, controlled by Aaron Frankel, targets a $3.5-4 billion valuation in its Nasdaq IPO set for July or August, aiming to raise $500 million to $1 billion.
US Mortgage Rates Slide to One-Month Low Amid Iran Deal, Treasury Yield Drop
US 30-year fixed mortgage rates dropped to 6.47%, their lowest in over a month, as a US-Iran framework deal pushed Treasury yields lower, offering modest relief to homebuyers while pending home sales rose 3.8% in May.
Joby Aviation Hits $10 as Air-Taxi Sector Eyes 2026 Milestones
Joby Aviation closed at $10.00 before Juneteenth, capping a volatile week with a 6.5% gain on heavy volume as the market eyes 2026 air-taxi milestones.
Qatar-Donated Boeing 747-8 Begins Final Tests as Interim Air Force One
The U.S. Air Force's $400 million former Qatari Boeing 747-8 begins final tests at Joint Base Andrews, serving as a temporary Air Force One amid delays in Boeing's VC-25B replacements.
Jersey Mike's Dethrones Chick-fil-A in Customer Satisfaction Rankings
Jersey Mike's Subs scored 84 in the 2026 ACSI restaurant study, edging out Chick-fil-A's 83 and ending its 11-year streak as the top-ranked U.S. quick-service chain.
Salesforce Shares Slide Despite Record Revenue as AI Monetization Concerns Persist
Salesforce shares dropped 1.8% to $152.21, even after record revenue and strong AI sales, as investors worry that new AI agents could undermine its core subscription model and pressure margins.
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.
Ondas Acquires Cyberhawk in $125M Deal, Boosting Drone Inspection Capabilities
Ondas Inc. announced a $125M cash acquisition of Cyberhawk, a drone inspection firm, expanding its utility and energy market reach.
Intel Shares Surge on 18A-P Milestone and Server CPU Demand Uptick
Intel shares rose 3.5% to $121.10 after its 18A-P process entered risk production and Bernstein lifted its price target to $100 on improved server CPU demand.
Eos Energy Surges on First European Storage Deal, Production Milestone
Eos Energy shares surged 11.7% on news of a binding supply agreement for the DACH region and the start of commercial production at its second battery line, signaling growing demand and scaling capacity.
Citi Bullish on Figma: AI Monetization Strategy Solid, $36 Target Set
Citi initiates Figma at Buy with a $36 target, citing strong AI monetization. Shares rise premarket after a 52% YTD decline.
Intel Stock Tumbles Despite 18A-P Chip Milestone Amid Sector Rout
Intel shares dropped 8.5% premarket to $117.05 after announcing its advanced 18A-P chip process entered risk production, as a broader semiconductor selloff and concerns over yields and customer wins overshadowed the milestone.
Plug Power Shares Retreat as Investors Eye June Liquidity Milestone
Plug Power shares slipped 1.8% to $2.75 as the market awaits the June close of the Project Gateway asset sale, a key liquidity event amid ongoing cash burn.
Dow Jones Hits New Peak; Tech Dips as Fed Meeting Looms
The Dow Jones Industrial Average hit a new record high, while the S&P 500 and Nasdaq slipped as technology stocks lost steam ahead of the Federal Reserve's pivotal policy decision.
QTREX Quantum Stock Soars on 97% AME Yield Milestone, Eyes Commercial Production
QTREX Quantum shares surged 70.54% after AME system achieved 97% yield validation at a major U.S. interconnect manufacturer, signaling commercial readiness.
Russian Fuel Supply Tightens Amid Ukrainian Drone Strike and Tatneft Restrictions
Tatneft restricts fuel sales at its stations after a Ukrainian drone strike hits a key Moscow refinery, with wholesale gasoline and diesel prices surging 10% in early June.
Volaris Board Resignation and Blood Transport Milestone Mark Key Week
Andrew Broderick resigned from Volaris' board effective June 15 for a new professional role. The airline also celebrated one year of its blood transport partnership with Cruz Roja Mexicana, benefiting over 1,100 patients.
Oil Price Plunge on Iran Deal Drives Mortgage Rates to One-Month Low
Mortgage rates hit a one-month low of 6.56% after oil prices fell sharply on a tentative U.S.-Iran deal. Markets now focus on the Fed's upcoming rate decision.