Micron Technology just delivered the best quarter in its history. However, three days later, a federal courtroom in California turned that story upside down. A class-action lawsuit filed on June 25 accuses Micron (MU), Samsung, and SK Hynix of secretly restricting memory chip supply to inflate prices by as much as 700% since 2022. The
It didn’t take long for SpaceX (SPCX) to turn from hype to a disappointing IPO. The stock is trading near $161 at the time of writing on Thursday afternoon, July 2, nearly 25% below its highest close of $211.39 on June 16. Many people expected it to become a typical Elon Muskmeme stock, but this
For most of the past three years, Jim Cramer kept his distance from Moderna, treating the biotech stock with skepticism bordering on avoidance. The Cambridge, Massachusetts, company had become synonymous with the pandemic trade, and Cramer’s enthusiasm faded as demand for Covid-era vaccines dried up. That changed on his “Mad Money” show on July 1,
U.S. equities have been solid so far in 2026, and according to JPMorgan’s global investment strategist, Kriti Gupta, the S&P 500 could climb as high as 9,000 by mid-2027. That would mark a gain of about 20% from where the index sits now. The bank’s analysts back that outlook with two specific picks for the
The number of airlines that had to shut down since the start of 2026 and the fuel crisis set off by the U.S. strike on Iran keeps rising. While the collapse of Spirit Airlines is the most high-profile case, Mexican holiday carrier Magnicharters also filed for bankruptcy protection in Mexico City in May while British cargo airline European
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
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
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
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
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