Israel and Iran's recent exchange of fire is threatening the truce in the Middle East. And, the Ebola outbreak in the Democratic Republic of Congo is spreading at an unprecedented rate, officials say. (Image credit: Rami Shlush)
Israel and Iran's recent exchange of fire is threatening the truce in the Middle East. And, the Ebola outbreak in the Democratic Republic of Congo is spreading at an unprecedented rate, officials say. (Image credit: Rami Shlush)
Uber is getting ready to put robotaxis on London's streets, opening an interest list for riders who want to be among the first to hail one of Wayve's autonomous vehicles when the service goes live later this year. The rollout would be a milestone in one of Uber's biggest markets and an early test of whether there's appetite for driverless ridehailing beyond the US and China, where robotaxis are al...
Uber is getting ready to put robotaxis on London's streets, opening an interest list for riders who want to be among the first to hail one of Wayve's autonomous vehicles when the service goes live later this year. The rollout would be a milestone in one of Uber's biggest markets and an early test of whether there's appetite for driverless ridehailing beyond the US and China, where robotaxis are already carrying passengers. The company is asking Londoners to show their interest in being among the first public passengers in its co-branded Uber x Wayve driverless cars. In the Uber app settings, customers can sign up by selecting "join interest … Read the full story at The Verge.
(RTTNews) - EHang Holdings Ltd. (EH), a Chinese aerospace and technology company, on Monday announced that its board of directors approved a share repurchase program.
(RTTNews) - EHang Holdings Ltd. (EH), a Chinese aerospace and technology company, on Monday announced that its board of directors approved a share repurchase program.
asbe The Nasdaq 100 ETF ( QQQ ) closed at $705.06 on Friday, down 4.8% on the session, before recovering modestly in pre-market trading Monday. The decline landed against a backdrop of persistent macro headwinds — AI capital expenditure anxiety across megacap technology names, Iran-driven risk-off pressure, and a broader rotation out of growth assets that has been building for weeks. It was a toug...
asbe The Nasdaq 100 ETF ( QQQ ) closed at $705.06 on Friday, down 4.8% on the session, before recovering modestly in pre-market trading Monday. The decline landed against a backdrop of persistent macro headwinds — AI capital expenditure anxiety across megacap technology names, Iran-driven risk-off pressure, and a broader rotation out of growth assets that has been building for weeks. It was a tough session, but the options market isn't treating it as a crisis. With QQQ recovering toward $715 in premarket, the June 12 chain implies a further move of roughly ±2.7% by Friday's close. For an ETF that just dropped nearly 5% in a single session, that is a contained expectation — the options market is pricing gradual stabilization, not a continuation of acute selling pressure. It is the same signal seen in Alphabet's ( GOOG ) ( GOOGL ) chain following its own worst session since June: a well-behaved implied move is itself a form of reassurance. Organized hedging The put side of the chain reinforces that reading. The largest single put position sits at the $742 strike with 5,813 open interest, followed closely by the $740 put at 5,505 — both now in the money following Friday's decline. These are not positions opened in Friday's chaos. They are institutional hedges built up over multiple sessions, suggesting that the smart money had been preparing for exactly this kind of pullback rather than scrambling to react to it. A ladder of put open interest running from $740 down through $670 tells the same story — organized, pre-positioned protection rather than the kind of reactive panic buying that accompanies genuine market fear. The call side: waiting for recovery The call side shows meaningful open interest stranded at $740-$745 — positions accumulated when QQQ was trading higher, now underwater but not abandoned. Fresh call buying is visible at the $730-$735 range, modest recovery bets consistent with Monday's pre-market bounce. The $740 call's 8,160 open interest is the highe...
Houthis Declare "Total Ban" On Israeli Ships As Dual Chokepoint Crisis Stokes Supply Chain Nightmare Brent crude futures jumped as much as 5% to $97.83 a barrel, while WTI traded around $95 a barrel, as renewed Iran-Israel fighting threatened to unravel a fragile US-Iran ceasefire and further disrupt energy flows. On the maritime chokepoint front, Iran-backed Houthis declared a full ban on Israeli...
Houthis Declare "Total Ban" On Israeli Ships As Dual Chokepoint Crisis Stokes Supply Chain Nightmare Brent crude futures jumped as much as 5% to $97.83 a barrel, while WTI traded around $95 a barrel, as renewed Iran-Israel fighting threatened to unravel a fragile US-Iran ceasefire and further disrupt energy flows. On the maritime chokepoint front, Iran-backed Houthis declared a full ban on Israeli vessels in the southern Red Sea, warning that any Israeli ship (or linked ship) will be seen as a military target. " First : We declare a complete and total ban on maritime navigation for the Israeli enemy in the Red Sea , and we consider all enemy movements to be military targets for our Armed Forces from the moment this statement is issued," the terror group said Monday in a statement. The statement continued, " Second : We affirm that we will meet escalation with escalation, and that our military operations will escalate in line with events, the battle, and in conjunction with the axis of Jihad and Resistance." " Third : We affirm the right of our people and the peoples of our free nation to confront American-Israeli aggression, and that we will not stand idly by in the face of the unjust siege imposed on our people and the peoples of the axis of Jihad and Resistance in Palestine, Gaza, Iran, Lebanon, and Iraq. All enemy attempts will fail, God willing, and our operations will continue as long as the aggression and siege against us and the axis of Jihad and Resistance continue," the statement concluded. The Houthis have announced a "complete blockade" of the Red Sea and the Bab al-Mandab Strait against all vessels linked to Israel. They also warned that any further escalation will be met with an even stronger response. pic.twitter.com/fu6UFPtD1G — Egypt's Intel Observer (@EGYOSINT) June 8, 2026 The announcement is similar to the Houthis' late-2023 campaign, when rebel forces attacked ships linked to Israel or bound for Israeli ports in or around the Bab-el-Mandeb Strait...
adventtr/iStock via Getty Images AI stocks have been taking a major beating in recent weeks following near-parabolic growth throughout the months of April and May 2026. With Roundhill Generative AI & Technology ETF ( CHAT ) following suit in gaining significant growth before facing decline, investors are in a position of determining whether now is a good time to reinvest in the AI theme or walk aw...
adventtr/iStock via Getty Images AI stocks have been taking a major beating in recent weeks following near-parabolic growth throughout the months of April and May 2026. With Roundhill Generative AI & Technology ETF ( CHAT ) following suit in gaining significant growth before facing decline, investors are in a position of determining whether now is a good time to reinvest in the AI theme or walk away. With the recent weakness in the AI theme, I believe investors can buy into CHAT shares at an appealing price, particularly if the market continues to push shares down following the near-parabolic growth experienced in recent months. Given that the AI theme hasn’t structurally shifted with capital spend expected to support growth over the coming years, I am recommending CHAT with a Buy rating, advising investors to dollar-cost average into a position given the volatility of the theme. You can review my education coverage of CHAT here . Like all investment themes, there are two sides to the story: Investments in the AI ecosystem don’t appear to be slowing down, though they face pressure by a negative public opinion. Macroeconomic forces appear to be challenging the broader market, adding pressure to technology growth stocks. With these forces pulling the AI theme in separate directions, investors must discern which force will overpower the other. As a long-term fundamental investor, I do not believe that the growth story has changed and, in fact, became more solidified in recent weeks following the robust q1’26 earnings season. On the other hand, the “good news is bad news” story may have influenced the market with the exceptionally strong nonfarm payrolls report for May 2026, pushing the Nasdaq-100 ( NDX ) down -4.18% along with the AI-concentrated ETF CHAT down 9.56% on June 5, 2026. TradingView Why the transition to “good news is bad news?” The rationale behind this shift in tone is that a strong market provides the Federal Reserve with the kind of data to push through...
Into the Woodchipper: A Whistleblower's Account of How the Trump Administration Shredded USAID. '/> Nicholas Enrich, on staff at the U.S. Agency for International Aid under 4 administrations, talks about Into the Woodchipper: A Whistleblower's Account of How the Trump Administration Shredded USAID. (Image credit: Simon & Schuster)
Into the Woodchipper: A Whistleblower's Account of How the Trump Administration Shredded USAID. '/> Nicholas Enrich, on staff at the U.S. Agency for International Aid under 4 administrations, talks about Into the Woodchipper: A Whistleblower's Account of How the Trump Administration Shredded USAID. (Image credit: Simon & Schuster)
(RTTNews) - While reporting financial results for the fourth quarter on Monday, Graham Corp. (GHM) initiated its revenue guidance for the full-year 2027 between $285 million and $295 million.
(RTTNews) - While reporting financial results for the fourth quarter on Monday, Graham Corp. (GHM) initiated its revenue guidance for the full-year 2027 between $285 million and $295 million.
MF3d American Battery Technology ( ABAT ) up 31.8% pre-market Monday after saying it won its appeal with the U.S. Department of Energy to reinstate its grant award supporting the $115M construction of phase one of its lithium refinery at the Tonopah Flats lithium project in Nevada. The grant was reinstated in its entirety, with no change to funds awarded, to technical and commercial milestones, th...
MF3d American Battery Technology ( ABAT ) up 31.8% pre-market Monday after saying it won its appeal with the U.S. Department of Energy to reinstate its grant award supporting the $115M construction of phase one of its lithium refinery at the Tonopah Flats lithium project in Nevada. The grant was reinstated in its entirety, with no change to funds awarded, to technical and commercial milestones, the company said. American Battery Technology ( ABAT ) was selected in October 2022 for the five-year DoE grant to support the construction of the commercial-scale refinery with an initial capacity of 5K metric tons/year of battery-grade lithium hydroxide, then completed the first two years of the contracted grant, and was selected by the White House’s National Energy Dominance Council for fast-track permitting as a critical mineral priority project; however, the project was of several DoE grants that received a termination notice in October 2025. The company submitted an appeal and entered the informal dispute resolution process with the DoE; following technical and commercial reviews and a final meeting in December 2025, the DoE has concluded that "recission of the termination notice and continuation of the project is warranted," the company said. More on American Battery Technology American Battery Technology: The First Positive Gross Margin Under The Dilution Treadmill American Battery Technology: Prove The Process Seeking Alpha’s Quant Rating on American Battery Technology
Sometimes the most interesting investment ideas are ones the pitcher admits could go to zero. That is exactly the setup analyst Daniel Velasquez laid out on the We Study Billionaires podcast when he made the case for Wix.com (NASDAQ:WIX), the Israeli website builder turned AI-driven app platform. Velasquez was candid: he “wouldn’t be surprised” if ... When The Bull Case for a Company Starts With “...
Sometimes the most interesting investment ideas are ones the pitcher admits could go to zero. That is exactly the setup analyst Daniel Velasquez laid out on the We Study Billionaires podcast when he made the case for Wix.com (NASDAQ:WIX), the Israeli website builder turned AI-driven app platform. Velasquez was candid: he “wouldn’t be surprised” if ... When The Bull Case for a Company Starts With “I Wouldn’t Be Surprised If It Goes to Zero,” I Pay Attention
In this article MRVL .SPX .IXIC Follow your favorite stocks CREATE FREE ACCOUNT Jonathan Raa | Nurphoto | Getty Images Marvell Technology was up almost 9% in premarket trading on Monday after it was announced that the AI chipmaker would be joining the benchmark S&P 500 index. The semiconductor company, which trades on the Nasdaq , will join the broad-market index on June 22 and will sit alongside ...
In this article MRVL .SPX .IXIC Follow your favorite stocks CREATE FREE ACCOUNT Jonathan Raa | Nurphoto | Getty Images Marvell Technology was up almost 9% in premarket trading on Monday after it was announced that the AI chipmaker would be joining the benchmark S&P 500 index. The semiconductor company, which trades on the Nasdaq , will join the broad-market index on June 22 and will sit alongside the 500 leading companies in the U.S., S&P Global said in a press release on Friday . Marvell was last seen up 8.8% in premarket trading and is up 210% year-to-date. Electronic manufacturing company Flex is also on the list of firms joining the S&P 500 later this month, while Pool Corp and The Campbell's Company will be removed from the index. This chip stock has more than tripled in the past year. Analysts say buy more after latest earnings Marvell, which has a market cap of $230 billion, specializes in designing high-performance chips used in global data infrastructure such as cloud computing, AI, enterprise networking, 5G carrier networks and automotive systems. The company is headquartered in Santa Clara, California and was founded in 1995. Nvidia' s CEO Jensen Huang touted the firm as the "next trillion-dollar company," while on stage with Marvell's CEO Matthew Murphy at Computex Week in Taipei last week. The company surged 32.5% the following day, June 2, its biggest one-day gain ever. Marvell stock soars 32% as Nvidia's Huang says it could be the next trillion-dollar company Nvidia announced a $2 billion investment in Marvell in March. Huang said the partnership will make it easier for customers to build on its AI infrastructure system. In its first-quarter earnings for 2026 , Marvell beat analyst estimates and posted $2.4 billion in revenue, while projecting additional revenue growth through the year on strength in its data center operations. Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.
Medtronic (NYSE: MDT) is one of the world's largest medical technology companies, but it spent years on the outside looking in at the robotic-assisted surgery market. That officially changed in December 2025, when the U.S. Food and Drug Administration (FDA) approved its Hugo robotic-assisted surgery platform for urologic procedures. A couple of months later, doctors at the Cleveland Clinic success...
Medtronic (NYSE: MDT) is one of the world's largest medical technology companies, but it spent years on the outside looking in at the robotic-assisted surgery market. That officially changed in December 2025, when the U.S. Food and Drug Administration (FDA) approved its Hugo robotic-assisted surgery platform for urologic procedures. A couple of months later, doctors at the Cleveland Clinic successfully used it for the first time. The FDA's approval indicates use for prostatectomy, nephrectomy, and cystectomy procedures. Hospitals perform approximately 230,000 of these annually in the United States. Image source: Getty Images. Continue reading
Earnings growth driven by the artificial intelligence buildout will lead the S & P 500 to cross the 8,000 mark in 2026, according to Citi. The bank raised its year-end target for the broad index to 8,100 in a Friday note. That's a more than 9.5% gain from Friday's close. Citi's previous target for the S & P was 7,700. Strategist Scott Chronert now projects earnings of $350 per share for the S & P ...
Earnings growth driven by the artificial intelligence buildout will lead the S & P 500 to cross the 8,000 mark in 2026, according to Citi. The bank raised its year-end target for the broad index to 8,100 in a Friday note. That's a more than 9.5% gain from Friday's close. Citi's previous target for the S & P was 7,700. Strategist Scott Chronert now projects earnings of $350 per share for the S & P in 2026, with that number rising to $400 in 2027. "AI tailwinds are fueling an episodic fundamental surge across related sectors," Chronert wrote in the note. "We have high confidence in continued earnings beats through year-end." .SPX YTD mountain S & P 500 year-to-date. He noted that positive surprises on earnings in the first quarter were unusually high . Chronert doesn't expect that level of beats to continue, but he still forecasts a larger-than-normal positive surprise rate in the coming quarters' financial reports. Chronert also said that earnings will surpass valuation expansion as the driver of the index. He added that while volatility will likely appear through events like the U.S.-Iran war , inflation heating up and questions over the future path of interest rates , AI spending is the focus for investors. While investors are nervous about an AI bubble, Chronert thinks the market isn't anywhere near done with obsessing over the technology's growth. "We presume that fundamentals and related price action tell us we're in middle innings," he wrote. "In turn, both trailing and forward PEs should be expected to moderate going forward, thus increasing the burden on earnings growth and related expectation to drive index price action."
Bending Spoons , which owns digital applications like Vimeo, Evernote and AOL, filed for an initial public offering, joining a string of European tech companies seeking US listings. The Milan-based app developer had net income $27.5 million on revenue of $601 million for the first three months of 2026, compared with a net loss of $112 million on revenue of $259 million a year earlier, according to...
Bending Spoons , which owns digital applications like Vimeo, Evernote and AOL, filed for an initial public offering, joining a string of European tech companies seeking US listings. The Milan-based app developer had net income $27.5 million on revenue of $601 million for the first three months of 2026, compared with a net loss of $112 million on revenue of $259 million a year earlier, according to its filing Monday with the US Securities and Exchange Commission. The company was valued at about $14.5 billion in 2025, after a funding round comprised of $270 million in primary capital and $440 million in secondary capital and $2.8 billion debt package, according to PitchBook data. Bending Spoons grew monthly active users to 500 million in March from 111 million in December 2023, the filing showed. Monthly paying customers went to nine million from three million over that stretch. The company, named after the concept of bending spoons with the mind as shown in the 1990s cult-classic The Matrix , has been acquiring apps and websites like AI photo enhancer Remini, data transfer service WeTransfer and local groups finder Meetup and turning them around. The offering is being led by Goldman Sachs Group Inc., JPMorgan Chase & Co., and Allen & Co. The shares are expected to trade on the Nasdaq Global Select Market under the symbol BSP. For the latest news on equity capital markets activity in the US, Canada and Latin America, follow the channel or visit NI BFWECMUS . To subscribe to ECM Watch , Bloomberg’s daily roundup of news from around the region, click here .