Business

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Business

5-star analyst resets AMD stock price target, but it’s not about GPUs

Advanced Micro Devices, Inc. (AMD) closed the month of June at $580.91, up 7.68% in the last session, and hit a new 52-week high of $584, giving the company a market cap approaching $950 billion. The stock is up 171.25% year-to-date and 309.38% over the past year, according to Yahoo Finance. What I keep noticing

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Business

Another airline cancels many flights until August, refunds available

With talks to end the Iran war continuing to hit roadblocks and delays, the security situation across much of the Middle East remains too volatile for many airlines. The most recent exchange of strikes between U.S. and Israeli forces in the Strait of Hormuz took place on June 28. Delta Air Lines recently extended the

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Business

OpenAI’s $1 trillion ambition could delay its IPO

OpenAI’s path to public markets has tightened around a single benchmark its CEO refuses to negotiate below. The maker of ChatGPT has raised approximately $190 billion in private funding to date and positioned itself at the center of a generational technology shift.  Investors have been watching closely since the company filed a confidential draft S-1

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Business

5-star analyst gives beaten-down Palantir a surprise verdict 

Palantir (PLTR) stock has effectively gone from AI favorite to AI laggard. Though we saw a resurgence late last week, shares are down seven straight sessions and remain down 37% in 2026, as investors fret over the stock’s valuation and the competitive edge it may be harder to defend. Hence, the market is treating Palantir

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Business

Central bankers grow nervous about AI funding

The Bank for International Settlements published its Annual Economic Report on June 28, warning that the AI boom is becoming a source of financial instability. That alone is not surprising. What is surprising is the specific mechanism the BIS is worried about: not whether AI pays off, but who will take on the debt if

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Business

Honeywell Aerospace makes strong debut after spinoff

Honeywell Aerospace (HONA) shares rose Monday in their Nasdaq debut, opening above their when-issued closing price and trading as high as $238.19 as investors got their first look at a newly independent aerospace and defense company separated from Honeywell. Honeywell Aerospace had closed at $221.01 last week in when-issued trading, according to Yahoo Finance. The

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Business

Hotel prices have actually fallen in these major cities

While travel brings so many people joy, those who do it frequently know that the rush of booking a trip to a new destination is often tempered by the price of the hotel. Accommodation accounts for up to 40% of the trip cost for the average traveler, Hotel News Resource indicates. In fact, creeping increases

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Business

JPMorgan doubles down on economy, inflation outlook

JPMorgan’s chief global economist Bruce Kasman titled the bank’s mid-year outlook “Promise and Pressure.” He published it on June 28. The two words are doing a lot of work in a year that has moved faster than most forecasters expected. The promise is that global growth is stabilizing in the second half of 2026. The

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Business

Palantir’s 2 deals answer a question investors keep asking

Palantir Technologies Inc. (PLTR) confirmed two separate partnerships on Monday, June 29, one with a private aviation startup and one with Nvidia. Most coverage will treat these as routine corporate news. The pattern underneath them is not routine, however. It points to how Palantir plans to defend a valuation that has come under serious pressure

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Business

Another airline files for bankruptcy protection, cancels all flights

While the collapse of Spirit Airlines at the start of May continues to dominate headlines as the most high-profile airline shutdown of 2026, a number of other small airlines around the world have also seen their finances fall to the point of having to file for bankruptcy and cease operations. Mexican holiday carrier Magnicharters also filed

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