Business

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Business

Another airline to shut down and liquidate, all flights off

While the first half of 2026 saw the collapse of several small and mid-size airlines, sometimes plans to launch a new one end up getting shut down even before a single plane gets off the ground. Envisioned as the world’s first zero-emission regional airline by British green investor Dale Vince, British carrier Ecojet Airlines entered

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Business

Exxon (XOM) flashes key signals on New Jersey exit

Exxon Mobil (XOM) officially moved its legal home from New Jersey to Texas this week. The move became official on July 1, as shareholders had already approved it. Exxon also won a major legal battle. On June 23, the U.S. Supreme Court ruled 6-3 in Exxon’s favor. The ruling revives an old lawsuit over refineries

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Business

Warsh drops inflation bombshell that could reset interest-rate bets

From Main Street to Wall Street, households and businesses had been grappling with higher prices in goods and services for months due to sticky inflation and tariff trade deals when the Iran War began at the end of February. Higher energy costs and the AI demand boom added to price surges. The wobbly Middle East

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Business

Oracle stock falls for a seventh session as filing risk lands

Oracle shares closed lower for a seventh straight session on Tuesday, slipping 0.82% to $146.55, according to a Seeking Alpha report. The stock has now fallen more than 55% from its 52 week high near $346, according to Seeking Alpha market data. What makes this stretch different is not the price action itself. It is

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Business

Top Broadcom insider unloads eye-popping number of shares

Broadcom’s (AVGO) stock took a downward turn in June. Shares fell more than 16% during the month, the worst stretch since March 2025. AVGO closed at $377.75 on July 1, nearly 18% off its highs from a month earlier. Now, a fresh securities filing shows one of the company’s top executives, Mark Brazeal, sold a

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Business

Bank of America revamps Sandisk stock price target

Sandisk (SNDK) has gained about 762.52% year to date at the time of writing, Wednesday afternoon, July 1. Meanwhile, the SPDR S&P 500 index (SPY) is up about 9.54% in the same period. The third-largest enterprise solid-state drive (SSD) manufacturer has outpaced the S&P 500 by a wide margin, thanks to its position in the

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Business

Bloom Energy’s $25B partnership targets AI’s next bottleneck

Bloom Energy (BE) is trying to make power part of the artificial intelligence trade. The company is getting a larger role in AI infrastructure after Brookfield expanded its financing framework for AI power projects from $5 billion to $25 billion. The fivefold increase gives Bloom a bigger opening to sell fuel-cell power systems into a

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Business

Citi sends warning on semiconductor and hyperscaler stocks

Semiconductor stocks have been the most crowded corner of the AI trade in 2026. Memory company margins are at records, and chip ETFs have rallied sharply. The consensus view on Wall Street has been straightforward: As long as the biggest cloud platforms keep spending on AI infrastructure, demand for chips has nowhere to go but

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Business

Why United Airlines is betting big on Colombia travel

While many North Americans mistakenly believe the answer to be Brazil, the most-visited country in South America is actually Colombia. The large country in the northwest of the continent is known for everything from its rich biodiversity and coffee exports to a long history of music and dance that gave birth to global superstars like

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Business

House committee investigates Merck, AbbVie over China trials

Five of the biggest names in American pharma just got a deadline from Washington. The House Select Committee on China sent letters this week to Merck (MRK), AbbVie (ABBV), Eli Lilly (LLY), Pfizer (PFE), and Bristol Myers Squibb (BMY), Reuters reported.  Lawmakers want each company to explain how it protects data and vets ethics standards

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