Network News Global

Where Every Story Matters

Business & Economy

Stocks gain, oil slides as Trump says Iran deal signed

By Caroline Valetkevitch and Marc Jones NEW YORK/LONDON, June 15 (Reuters) – Major stock indexes and bond prices rallied while oil futures settled at a three-month low on Monday as U.S. President Donald Trump said a preliminary agreement to end…

Mark Cuban has a blunt response to Coinbase CEO

After Coinbase CEO Brian Armstrong called for a rethink of accredited investor laws in the United States, billionaire investor Mark Cuban replied on June 16 with a blunt line on X: “Just sell em MemeCoins Brian!” It was short, sarcastic,…

Navan Stock Surges on Earnings. Even the Travel Company Has AI to Thank

Shares of Navan (NAVN) rallied 8.43% on Thursday, June 11, following its Q1 FY2027 results, as investors backed its deeper artificial intelligence (AI) push and enterprise traction. The momentum drove the stock to a new 52-week high of $24.50, fueled by stronger-than-expected…

How Is Weyerhaeuser’s Stock Performance Compared to Other Real Estate Stocks?

With a market cap of $17.9 billion, Weyerhaeuser Company (WY) is one of the world’s largest private owners of timberlands, managing more than 10 million acres of sustainably managed forests across the United States and additional licensed timberlands in Canada. It…

What to Know About Nvidia’s Latest Deal With SharonAI

Nvidia (NVDA) has announced a six-year strategic compute collaboration with SharonAI (SHAZ), a neocloud company focused on high-performance computing and artificial intelligence (AI) infrastructure. The deal will enable 72 MW of new data center capacity in Australia, deploying NVDA’s DSX…

STOXX 600 Rockets to All-Time High on US-Iran Peace Breakthrough

STOXX 600 Rockets to All-Time High on US-Iran Peace Breakthrough – Moby THE GIST Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we’ll show you why it’s our…

Is STERIS Stock Underperforming the Dow?

With a market cap of $20.3 billion, STERIS plc (STE) is a global provider of infection prevention products and services, serving healthcare, pharmaceutical, and medical device industries across the United States, Ireland, and other international markets. The company operates through three business…

US judge dismisses Musk’s xAI trade secret lawsuit against OpenAI

By Jonathan Stempel June 15 (Reuters) – A federal judge dismissed a lawsuit on Monday by Elon Musk’s artificial intelligence company xAI that accused rival Sam Altman’s OpenAI of ‌stealing trade secrets for chatbots. U.S. District Judge Rita Lin in…

SpaceX IPO haul rises to $85.7 billion after underwriters exercise greenshoe

By Manya Saini June 15 (Reuters) – SpaceX said on Monday that its underwriters had exercised the “greenshoe” option to purchase additional shares, increasing the total proceeds from its initial ‌public offering to $85.7 billion from $75 billion that it…

Market Digest: CP, BBWI

Market Digest: CP, BBWI Source link