Social Security, which provides benefits to more than 70 million retired workers and people with disabilities, faces increased pressure from last year’s One Big Beautiful Bill Act.
Social Security, which provides benefits to more than 70 million retired workers and people with disabilities, faces increased pressure from last year’s One Big Beautiful Bill Act.
JasonDoiy Rivian Automotive ( RIVN ) began deliveries of the R2 mid-size electric SUV on Tuesday. Deliveries begin with R2 Performance with Launch Package (starting at $57,990) with R2 Premium configurations to follow in late 2026 and multiple R2 Standard configurations through 2027. Beginning today, R2 reservation holders will start to receive an invitation to configure and order in rolling batch...
JasonDoiy Rivian Automotive ( RIVN ) began deliveries of the R2 mid-size electric SUV on Tuesday. Deliveries begin with R2 Performance with Launch Package (starting at $57,990) with R2 Premium configurations to follow in late 2026 and multiple R2 Standard configurations through 2027. Beginning today, R2 reservation holders will start to receive an invitation to configure and order in rolling batches. Customers will receive their invitation based on various factors, the primary factors being when the reservation was made and their delivery location. The R2 lineup will offer up to 656 horsepower, 0–60 mph in as quick as 3.6 seconds, while offering a Rivian-estimated range of up to 345 miles. Standard features will include a native NACS charging port and Autonomy+ hardware. "R2 embodies so many of our learnings that we have accumulated—the passion and attention to detail from our team is visible everywhere," highlighted Rivian ( RIVN ) CEO RJ Scaringe last month. In its review of the R2, Car and Driver said R2 is a fully competent electric SUV that should be a strong candidate to break the Tesla ( TSLA ) Model Y's stranglehold on the compact electric SUV segment. The Inside EVs website was even more impressed. "With an unparalleled blend of incredible performance, cutting-edge software, and off-road chops, the R2 is the do-everything machine I’ve always dreamed of," wrote Mack Hogan. For investors, Benchmark Capital sees the R2 launch as a positive for Rivian ( RIVN ). "We view the event as an important demand signal and proof point for manufacturing execution," updated analyst Mickey Legg. Shares of Rivian ( RIVN ) were down more than 7% in midday trading on Tuesday despite the R2 deliveries launch. More on Rivian Rivian: Wait For The R2 Launch Rivian Automotive, Inc. (RIVN) Presents at UBS Auto and Auto Tech Conference 2026 Transcript Rivian Automotive, Inc. (RIVN) Presents at 2026 Baird Global Consumer, Technology & Services Conference Transcript The NHTSA probes Ri...
Tverdohlib/iStock via Getty Images Under-followed stocks can be a great place to pick up bargains since bargain hunters can pick them up before the rest of the market catches wind. Such was the case with OUTFRONT Media ( OUT ), which I last covered in December 2025, highlighting its compelling value and pivot to digital formats. Since my last piece, OUT has delivered an outstanding 32% total retur...
Tverdohlib/iStock via Getty Images Under-followed stocks can be a great place to pick up bargains since bargain hunters can pick them up before the rest of the market catches wind. Such was the case with OUTFRONT Media ( OUT ), which I last covered in December 2025, highlighting its compelling value and pivot to digital formats. Since my last piece, OUT has delivered an outstanding 32% total return, far surpassing the 7% rise in the S&P 500 ( SPY ) over the same timeframe. Who says only tech stocks can give you eye-catching returns? At the current price of $30.59, OUT trades well below its recent high of $35 while carrying a reasonable P/FFO of 13.35 and a 3.9% dividend yield. In this article, I revisit OUT, including recent business results , and discuss why it remains attractive at present for income and potential gains, so let’s get started! Why OUT? OUTFRONT Media is one of the largest out-of-home media companies in the U.S. Its significant presence along highways and transit hubs connects brands with audiences as they go about their daily lives. In recent years, OUT has been leveraging data to improve digital capabilities and programmatic advertising. This has helped brands to better target their core demographic and measure responsiveness to ad campaigns. OUT continued to deliver strong momentum during Q1 2026, with consolidated revenue rising by 10% over the prior year period. This was driven by a 22% growth in transit revenue and 7% growth in billboard revenue, as shown below. Investor Presentation The billboard segment benefitted from strong demand across several advertiser categories, including legal services and technology. Notably, billboard yield, a key measure of asset productivity, rose by 11% to $2,900 per display. This reflects the pricing power of OUT’s billboard assets in key markets. At the same time, transit advertising remained the primary growth engine for OUT, with revenue rising by 22% YoY, as noted earlier. This was driven by exceptional pe...
OpenAI announced it plans on going public—while also saying it still needs privacy to get things done. The ChatGPT parent said on Monday night that it has recently submitted a confidential S-1 to the Securities and Exchange Commission. OpenAI added that it hasn’t decided on the timing of when it will officially go public and it “may be a while,” as there are “things we want to do that are likely e...
OpenAI announced it plans on going public—while also saying it still needs privacy to get things done. The ChatGPT parent said on Monday night that it has recently submitted a confidential S-1 to the Securities and Exchange Commission. OpenAI added that it hasn’t decided on the timing of when it will officially go public and it “may be a while,” as there are “things we want to do that are likely easier as a private company.”
An American flag flies near the Ever Memo container ship at the Port of Los Angeles on May 28, 2026 in Los Angeles, California. Mario Tama | Getty Images Officials from the U.S. Customs and Border Protection agency head to a federal trade court on Tuesday to try to find a way t o refund tens of billions of dollars of tariffs that were collected and later deemed illegal by the Supreme Court. Judge ...
An American flag flies near the Ever Memo container ship at the Port of Los Angeles on May 28, 2026 in Los Angeles, California. Mario Tama | Getty Images Officials from the U.S. Customs and Border Protection agency head to a federal trade court on Tuesday to try to find a way t o refund tens of billions of dollars of tariffs that were collected and later deemed illegal by the Supreme Court. Judge Richard Eaton of the Court of International Trade in Manhattan has framed the hearing as a negotiating session to sort out what needs to be done to return the remaining chunk of the $166 billion in illegal tariffs. "All of the substantive law in this case has either been decided by the Supreme Court, or is the subject of settled law," Eaton wrote in a letter that appeared on the court docket on June 3. "All that remains are, what might be termed, settlement negotiations." The CBP has said that it has accepted and started processing claims for nearly $90 billion in refunds of what it estimates could be up to $127 billion in so-called Phase 1 refunds, which are the least-complicated cases. The CBP said in a June 4 court filing that $22 billion in refunds have been completed and sent to the Treasury Department for distribution to importers. The next phase involves more legally complicated and older, so-called liquidated tariffs. An importer typically pays an estimated tariff and around a year later the CBP finalizes the tariff amount, which is called liquidation. CBP has said it can only process liquidated tariffs in certain situations or if the importer sues. Smaller companies, which make up the vast bulk of importers, fear the cost of suing and the time and distraction involved might not be worth the effort to obtain a refund. Eaton wrote the June 3 letter in response to the government resisting his order that the CBP commissioner appear at Tuesday's hearing. The U.S. Court of Appeals for the Federal Circuit later temporarily stayed that order and Eaton agreed to allow CBP t...
Still hoping to meet ‘the one’? While you’re waiting, one dating expert says you should romance someone you’re not totally smitten with. It could be the start of something beautiful Name: Practice dates. Age: The term date – to mean romantic dating – was inadvertently coined by American columnist George Ade in 1896, when he described a “date book” used by a shop cashier to record all her meetings ...
Still hoping to meet ‘the one’? While you’re waiting, one dating expert says you should romance someone you’re not totally smitten with. It could be the start of something beautiful Name: Practice dates. Age: The term date – to mean romantic dating – was inadvertently coined by American columnist George Ade in 1896, when he described a “date book” used by a shop cashier to record all her meetings with suitors. Practice dating is a 2026 concept. Continue reading...
mbbirdy/E+ via Getty Images Wall Street’s major market averages hand back earlier gains and now trade lower on Tuesday as the tech space slides. The blue chip Dow ( DJI ) was -0.4%, the benchmark S&P 500 ( SP500 ) was -0.9%, and the tech focused Nasdaq Composite ( COMP:IND ) was -1.6%. Now, here are four news stories that broke in the morning to watch out for: China’s AI expansion: Beijing is prep...
mbbirdy/E+ via Getty Images Wall Street’s major market averages hand back earlier gains and now trade lower on Tuesday as the tech space slides. The blue chip Dow ( DJI ) was -0.4%, the benchmark S&P 500 ( SP500 ) was -0.9%, and the tech focused Nasdaq Composite ( COMP:IND ) was -1.6%. Now, here are four news stories that broke in the morning to watch out for: China’s AI expansion: Beijing is preparing to spend $295 billion over the next five years to build a nationwide network of interconnected data center hubs aimed at accelerating domestic AI development. Key government bodies including the National Development and Reform Commission are drafting the blueprint, with state-owned operators such as China Mobile and China Telecom expected to run most of the new facilities. The plan reportedly targets at least 80% reliance on domestic suppliers including Huawei Technologies for key technologies like AI chips, reducing the role of U.S. companies such as Nvidia and Advanced Micro Devices. Silver price slump: Silver ( XAGUSD:CUR ) has come under significant pressure on Tuesday, extending a recent downturn and trading at $67.130/oz, down 3.5% on the day. The decline pushed the precious metal below its 200-day moving average for the first time since mid-April 2025, leaving prices on track for their lowest closing level since December 18. Silver has retreated sharply from its record high of $121.785/oz reached on January 29, falling approximately 45.5% from that peak. Housing data boost: Existing home sales rose 3.2% in May to a seasonally adjusted annual rate of 4.17 million units, significantly exceeding expectations for a gain of less than 1%. Sales of homes priced above $1 million increased 11%, underpinning gains in high-end furnishing stocks such as Arhaus, Williams-Sonoma, and RH. National Association of Realtors chief economist Lawrence Yun attributed the gain to improved affordability, noting that mortgage rates remain lower than a year ago and near the long-term hi...
Yale School of Management executive fellow and "Picking Presidents" author, Gautam Mukunda, sits down with Yahoo Finance's Julie Hyman to explain how Elon Musk's 85% voting share at SpaceX (SPAX.PVT) poses a grave threat to US capital markets.
Yale School of Management executive fellow and "Picking Presidents" author, Gautam Mukunda, sits down with Yahoo Finance's Julie Hyman to explain how Elon Musk's 85% voting share at SpaceX (SPAX.PVT) poses a grave threat to US capital markets.
The S&P 500 Index ($SPX ) (SPY ) today is up +0.93%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.89%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.17%. June E-mini S&P futures (ESM26 ) are up +0.76%, and June E-mini Nasdaq futures...
The S&P 500 Index ($SPX ) (SPY ) today is up +0.93%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.89%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.17%. June E-mini S&P futures (ESM26 ) are up +0.76%, and June E-mini Nasdaq futures...
In the race for AI dominance, it’s easy to get lost in the headline numbers: billions in new revenue, exponential growth in users, and a vision for the future that has captivated the market. For Microsoft (MSFT), the story seems compelling. But if you hold the stock, which has underperformed the market with a decline of 11.3% over the past year, your attention should be on a single, less-celebrate...
In the race for AI dominance, it’s easy to get lost in the headline numbers: billions in new revenue, exponential growth in users, and a vision for the future that has captivated the market. For Microsoft (MSFT), the story seems compelling. But if you hold the stock, which has underperformed the market with a decline of 11.3% over the past year, your attention should be on a single, less-celebrated figure: the company’s profit margin.
ollo/iStock Unreleased via Getty Images VodafoneThree has made an offer for the consumer operations of TalkTalk. Vodafone's UK arm had a made a late bid in the auction of TalkTalks' consumer division, according to a Financial Times report on Tuesday, which cited people familiar with the matter. VodafoneThree, which was formed by the £16.5bn merger between Vodafone UK ( VOD ) and Three last year, w...
ollo/iStock Unreleased via Getty Images VodafoneThree has made an offer for the consumer operations of TalkTalk. Vodafone's UK arm had a made a late bid in the auction of TalkTalks' consumer division, according to a Financial Times report on Tuesday, which cited people familiar with the matter. VodafoneThree, which was formed by the £16.5bn merger between Vodafone UK ( VOD ) and Three last year, was one of several firms to make second-round bids. TalkTalk is also looking for a buyer for its wholesale division, PXC, according to the FT. TalkTalk declined to comment to the FT. More on Vodafone Group Vodafone Group Public Limited Company 2026 Q4 - Results - Earnings Call Presentation Vodafone: Business Turnaround Seems Now To Be Priced-In (Downgrade) Vodafone Group Public Limited Company (VOD) Q4 2026 Earnings Call Transcript Europe's telecoms are dominating the foreign communication services' Quant rankings CK Hutchison agrees to $5.8B sale of VodafoneThree interest
The owner of Boots is talking to parties including the billionaire Weston family and Australian pharmacy group Sigma Healthcare about a $10 billion sale of the UK health and beauty retail business, according to the Financial Times. Private equity firm Sycamore Partners, which took control of Boots through the acquisition of parent company Walgreens Boots Alliance last year, began discussions with ...
The owner of Boots is talking to parties including the billionaire Weston family and Australian pharmacy group Sigma Healthcare about a $10 billion sale of the UK health and beauty retail business, according to the Financial Times. Private equity firm Sycamore Partners, which took control of Boots through the acquisition of parent company Walgreens Boots Alliance last year, began discussions with potential strategic buyers before Easter, the FT said without naming its sources. Representatives for Boots and Sycamore declined to comment. If a sale takes place then it would mean Sycamore could abandon plans for an initial public offering of Boots in London. The Canadian branch of the Weston family owns the grocery chain Loblaws and pharmacy chain Shoppers Drug Mart through its Wittington Investments vehicle, the people said. Sigma Healthcare combined with rival Chemist Warehouse Group last year.
When politicians talk ‘common sense’ it’s time to worry; when the Tory leader does, it’s time to be doubly vigilant You know how it is. You’re a middle class, straight white man in his 60s in A&E. Possibly the most disadvantaged person in the entire country. You complain of chest pains. In the adjoining triage queue there is a black woman with what looks like a broken toe. You know what happens ne...
When politicians talk ‘common sense’ it’s time to worry; when the Tory leader does, it’s time to be doubly vigilant You know how it is. You’re a middle class, straight white man in his 60s in A&E. Possibly the most disadvantaged person in the entire country. You complain of chest pains. In the adjoining triage queue there is a black woman with what looks like a broken toe. You know what happens next. The black woman is seen within minutes. You have a cardiac arrest on the waiting room floor. Said no one ever. There may be times when there simply aren’t enough staff in the A&E department. There may also be times when a doctor under pressure fails to make the right diagnosis. But no one for a minute believes they are being deliberately kept waiting any longer than necessary. The founding principle of the NHS is predicated on patients being treated according to the severity of their condition. Continue reading...
ozgurdonmaz European Union regulators reportedly criticized Apple ( AAPL ) on Tuesday for blaming EU technology rules for its decision not to initially roll out its artificial intelligence assistant, Siri AI, in the European Union. According to a Reuters report , the regulators said they had rejected the iPhone maker’s request for an 18-month exemption from its obligations. Shares of Apple are dow...
ozgurdonmaz European Union regulators reportedly criticized Apple ( AAPL ) on Tuesday for blaming EU technology rules for its decision not to initially roll out its artificial intelligence assistant, Siri AI, in the European Union. According to a Reuters report , the regulators said they had rejected the iPhone maker’s request for an 18-month exemption from its obligations. Shares of Apple are down about 3.3% during early trading hours on Tuesday. The tech giant on Tuesday announced that Siri AI would not be available on iPhones or iPads initially in the European Union. The company accused the European Commission of refusing to engage constructively with it to ensure privacy and security on its devices. The iPhone maker told regulators about its plans to introduce an intermediary over an 18-month period to allow virtual assistants to access Siri AI safely. However, the regulators turned down the request. The Commission repudiated Apple's criticism. According to Reuters’ report, EU Commission spokesperson Thomas Regnier told reporters in Brussels that the decision not to roll out Siri AI in the European Union was solely Apple's, adding that “there was nothing in the Digital Markets Act to stop the company from introducing new products in the EU.” Regnier added that Apple was simply not able to develop interoperability solutions that met the EU’s essential privacy and security standards. “Instead of trying to find a suitable compliance solution, Apple simply made a request to the European Commission to be exempted from its interoperability obligations under the DMA - and this for at least 18 months. That's not an option,” the spokesperson concluded. Apple did not immediately respond to Seeking Alpha's request for comment. According to the report, Europe accounted for about 27% of Apple’s overall sales in the last financial year. More on Apple Apple: The Wait Was Worth It Wall Street Brunch: SpaceX IPO, WWDC And CPI Apple Reaps AI Benefits Without Capex Burden (Rating ...
ozgurdonmaz European Union regulators reportedly criticized Apple ( AAPL ) on Tuesday for blaming EU technology rules for its decision not to initially roll out its artificial intelligence assistant, Siri AI, in the European Union. According to a Reuters report , the regulators said they had rejected the iPhone maker’s request for an 18-month exemption from its obligations. Shares of Apple are dow...
ozgurdonmaz European Union regulators reportedly criticized Apple ( AAPL ) on Tuesday for blaming EU technology rules for its decision not to initially roll out its artificial intelligence assistant, Siri AI, in the European Union. According to a Reuters report , the regulators said they had rejected the iPhone maker’s request for an 18-month exemption from its obligations. Shares of Apple are down about 3.3% during early trading hours on Tuesday. The tech giant on Tuesday announced that Siri AI would not be available on iPhones or iPads initially in the European Union. The company accused the European Commission of refusing to engage constructively with it to ensure privacy and security on its devices. The iPhone maker told regulators about its plans to introduce an intermediary over an 18-month period to allow virtual assistants to access Siri AI safely. However, the regulators turned down the request. The Commission repudiated Apple's criticism. According to Reuters’ report, EU Commission spokesperson Thomas Regnier told reporters in Brussels that the decision not to roll out Siri AI in the European Union was solely Apple's, adding that “there was nothing in the Digital Markets Act to stop the company from introducing new products in the EU.” Regnier added that Apple was simply not able to develop interoperability solutions that met the EU’s essential privacy and security standards. “Instead of trying to find a suitable compliance solution, Apple simply made a request to the European Commission to be exempted from its interoperability obligations under the DMA - and this for at least 18 months. That's not an option,” the spokesperson concluded. Apple did not immediately respond to Seeking Alpha's request for comment. According to the report, Europe accounted for about 27% of Apple’s overall sales in the last financial year. More on Apple Apple: The Wait Was Worth It Wall Street Brunch: SpaceX IPO, WWDC And CPI Apple Reaps AI Benefits Without Capex Burden (Rating ...
In trading on Tuesday, metals & mining shares were relative laggards, down on the day by about 2.7%. Helping drag down the group were shares of American Battery Technology, off about 18% and shares of Uranium Energy down about 12.5% on the day. Also lagging the market Tues
In trading on Tuesday, metals & mining shares were relative laggards, down on the day by about 2.7%. Helping drag down the group were shares of American Battery Technology, off about 18% and shares of Uranium Energy down about 12.5% on the day. Also lagging the market Tues
In trading on Tuesday, general contractors & builders shares were relative leaders, up on the day by about 3.8%. Leading the group were shares of LGI Homes, up about 7.1% and shares of Hovnanian Enterprises up about 5.4% on the day. Also showing relative strength are home
In trading on Tuesday, general contractors & builders shares were relative leaders, up on the day by about 3.8%. Leading the group were shares of LGI Homes, up about 7.1% and shares of Hovnanian Enterprises up about 5.4% on the day. Also showing relative strength are home
The Board of Directors of Nucor declared the regular quarterly cash dividend of $0.56 per share on Nucor's common stock. This cash dividend is payable on August 11, 2026 to stockholders of record on June 30, 2026 and is Nucor's 213th consecutive quarterly cash dividend. Agree R
The Board of Directors of Nucor declared the regular quarterly cash dividend of $0.56 per share on Nucor's common stock. This cash dividend is payable on August 11, 2026 to stockholders of record on June 30, 2026 and is Nucor's 213th consecutive quarterly cash dividend. Agree R
quantic69 Amid the insatiable demand for all things artificial intelligence-related, Goldman Sachs now believes that AI-linked servers will hit $1.24T by 2030, while traditional servers could surpass $160B. “AI server forecasts for 2026-2030 raised by ~18% on average, now expected to reach ~$1.24 tr by 2030 (v. $961 bn prior per 4Q25 forecasts), with +3% increased outlook across units and +15% inc...
quantic69 Amid the insatiable demand for all things artificial intelligence-related, Goldman Sachs now believes that AI-linked servers will hit $1.24T by 2030, while traditional servers could surpass $160B. “AI server forecasts for 2026-2030 raised by ~18% on average, now expected to reach ~$1.24 tr by 2030 (v. $961 bn prior per 4Q25 forecasts), with +3% increased outlook across units and +15% increased outlook across ASPs,” Goldman Sachs analysts wrote in a note to clients. “Traditional server forecasts for 2026-2030 raised by ~31% on average, now forecast to reach ~$164 bn by 2030 (v. $105 bn prior per 4Q25 forecasts), with +19% increased outlook across units and +10% increased outlook across [average selling prices].” The updated forecast from Goldman comes after Dell Technologies ( DELL ) and HP Enterprise ( HPE ) both reported quarterly results and increased their guidance. According to research firm 650, Dell gained share in both traditional and AI server markets, aided by the enterprise and neocloud areas. “DELL’s C1Q26 traditional server revenue was up +85% year-over-year (v. +92% reported), driven by a +24% increase in units and a +49% increase in ASPs,” Goldman Sachs explained. “By vertical, 650 Group estimates that Dell’s C1Q26 traditional server revenue growth was balanced across neoclouds +102% yoy (+34% yoy units, +50% yoy ASPs) and enterprise +91% yoy (+29% units yoy, +48% ASPs yoy). DELL’s C1Q26 traditional server hardware revenue of ~$8.0 bn was ~54% enterprise, ~40% neocloud, ~6% hyperscalers/service provider (vs. 52%/36%/12% in C1Q25). DELL gained market share in traditional server revenue (30% in 1Q26 v. 20% in 1Q25), including share gains in neocloud (35% in 1Q26 v. 26% in 1Q25) and enterprise (38% in 1Q26 v. 25% in 1Q25). DELL’s C1Q26 AI server revenue was up +$11.3 bn year-over-year (+622% year-over-year), driven by a +300% increase in units and a +81% increase in ASPs. By vertical, 650 Group estimates that Dell’s C1Q26 AI server revenue growt...