Inflation in the United States accelerated in May, largely driven by rising energy prices, while underlying price pressures remained relatively contained, according to data released by the US Bureau of Labor Statistics. The Consumer Price Index for All Urban Consumers, a broad measure of prices paid by consumers for goods and services, increased 0.5% on
Shares of Super Micro Computer (SMCI) fell sharply in premarket trading on Wednesday. The decline came after the server maker announced plans to raise $7 billion through a series of equity and equity-linked financing offerings to support growing demand for artificial intelligence infrastructure. The stock dropped 11.4% to $36 in premarket trading. The decline came
The Schwab US Dividend Equity (SCHD) ETF has held steady in the past few days, even as the broader stock market has remained on edge, with the S&P 500 and Nasdaq 100 indices being in a freefall. SCHD was trading at $32.30, a few points below the year-to-date high. Here are some of the top
US stocks moved lower on Wednesday as investors grappled with renewed geopolitical tensions in the Middle East, continued weakness in semiconductor stocks, and concerns that inflation could keep the Federal Reserve on a cautious path. The Dow Jones Industrial Average was down by 334 points. The S&P 500 index fell about 0.57%, while the Nasdaq
Travala, a crypto-native travel booking platform, has launched what it describes as the world’s first agentic AI travel protocol. The protocol enables autonomous AI agents to search, book, and pay for more than 2.2 million hotels, including properties from major chains such as Marriott Hotels, Hilton Hotels & Resorts, and IHG Hotels & Resorts, with
Plug Power stock has slumped sharply in the past few days, moving from a high of $4.33 on June 2nd to the current $2.91. It has slumped to its lowest point since April 20th, with the market capitalization falling from over $5.7 billion to $4 billion today. So, will this hydrogen giant rebound or fall
Cracker Barrel Old Country Store CBRL shares surged on Wednesday after the restaurant chain reported better-than-expected fiscal third-quarter results and raised its full-year outlook. The strong report prompted analysts to increase price targets and helped fuel a sharp short squeeze in the stock. The stock climbed as much as 30% during morning trading. The rally
Monero (XMR) price is down 21.5% over the past 30 days and sits nearly 60% below its all-time high of $797.73, which it reached on January 14, 2026. In the past 24 hours, the coin has pushed back up to around $326, gaining more than 2% on the day. The question now is whether this
AstraZeneca is emerging as a potential new contender in the booming obesity treatment market after its experimental weight-loss pill delivered encouraging mid-stage trial results, prompting investors and analysts to reassess whether the British drugmaker can challenge the dominance of Novo Nordisk and Eli Lilly. The company said on Monday that patients receiving the highest dose
US stocks moved higher on Tuesday as semiconductor shares extended their recovery from last week’s sharp selloff, while easing tensions in the Middle East and lower oil prices helped improve investor sentiment. The Dow Jones Industrial Average advanced 272 points. The S&P 500 rose about 0.7% while the Nasdaq Composite gained 0.88%. The gains followed