With much of Europe engulfed in its second heat wave since the start of the summer, France is being hit particularly hard with temperatures that are expected to surpass 40 degrees Celsius (104 degrees Fahrenheit) in multiple parts of the country by mid-week. The uncharacteristically high temperatures have forced local authorities to implement a number
Chevron (CVX) and Microsoft (MSFT) announced a 20-year power purchase agreement on June 22 to build a natural gas-fired power plant in West Texas dedicated to supplying electricity to a Microsoft data center campus. The project, named Project Kilby, sits on more than 2,000 acres in Reeves County near the city of Pecos, deep in
While French flag carrier Air France once ran daily flights between Paris and the Mali capital of Bamako, this route was suspended indefinitely in 2023 after France did not recognize the military coup that ousted elected President Mohamed Bazoum two years earlier and subsequent centralization of power that expanded the power of the military and ousted
Without forward guidance and a basic tie with the monetary policy forecasts for the rest of the year, the June Federal Open Market Committee meeting left Fed watchers debating whether a rate hike would increase the cost of short-term borrowing costs in 2026. Goldman Sachs, in a note emailed to TheStreet, said a majority of
I have covered Micron several times in the past. And each time, the headline has been some variation of the same theme. The numbers keep getting bigger and bigger, the analyst targets keep moving higher, and of course, the artificial intelligence (AI) memory supercycle keeps defying the skeptics who expected it to slow down. This
The United States and Iran signed a memorandum on June 17 to end their war and reopen the Strait of Hormuz. Oil prices fell back toward $80 a barrel, down from a peak of $118 in March. Shipping companies started moving vessels that had been sitting idle across the Gulf for months. For a lot
Investors were preparing for a far more cautious Wall Street, with sticky inflation figures and a Fed that refused to give markets the rate-cut signal they wanted. Wells Fargo just switched up that setup. The bank just revamped its S&P 500 view for the rest of 2026, TheFly noted, citing healthier earnings momentum, stronger fundamentals,
Apple (AAPL) customers may soon see the impact of artificial intelligence in an unwelcome place: the retail checkout screen. Apple has always relied on its vast supply chain to shield its premium-device industry from abrupt shocks. That’s helped the corporation keep its hardware engine chugging amid inflation, tariff concerns, and unpredictable customer demand. That margin
Major financial firms are racing to enter the prediction market space after the sector generated billions in trading volume over the past year. Charles Schwab, which oversees $11.77 trillion in client assets across 39.1 million active brokerage accounts, is now preparing its own entry into the space, Reuters reported. The brokerage plans to offer binary
Tesla (TSLA) has taken a lot of criticism for its self-driving ambitions. Regulators have cast doubt on the company’s safety assertions. Critics say Full Self-Driving is still an overhyping of what the system can perform. And competitors in China have been working hard to develop their own superior driver-assistance platforms. Tesla CEO Elon Musk just