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MicroStrategy CFO sells company shares amid stock plunge

The Strategy (Nasdaq: MSTR), née MicroStrategy, stock continued to decline on the price chart even days after the world’s leading Bitcoin (BTC) treasury company announced its first BTC sale in years on June 1. The stock has lost 40% of its…

Wall Street is interested in prediction markets — but the rules are still being written

Fast-moving startup Kalshi just gave Wall Street another reason to eye prediction markets. The federally regulated platform that lets users bet on the outcome of almost everything recently said its crypto derivatives product crossed $1 billion in notional volume less…

World markets walk a tightrope between AI stocks and oil shocks

By Naomi Rovnick LONDON, June 9 (Reuters) – Tumult on world markets in the past week shows the economic outlook is now on a knife edge, investors said, with equal odds of an AI boom lifting growth or oil shocks…

Salesforce layoffs hit Agentforce, MuleSoft, Marketing Cloud 2026

Salesforce laid off employees across its Agentforce, MuleSoft, and Marketing Cloud teams, according to Business Insider, which first reported the cuts. According to a California WARN notice, 86 positions were eliminated across sales, general administration, and technology and product functions….

Kalshi rolls out employer disclosure, risk scoring to fight insider trading

Kalshi announced new market integrity measures on Tuesday, including a requirement for traders in certain markets to disclose their employer before placing bets, as scrutiny of insider trading on prediction market platforms grows. The employment disclosure requirement applies to markets…

Is Walmart a Millionaire-Maker Stock?

Stock market investors often have to make a trade-off between stability and growth. That’s because the fastest-growing companies often have riskier business models, which leads to more volatility. That said, Walmart (NASDAQ: WMT) has recently begun turning this axiom on…

Broadcom CEO unnerves biggest AI backers in rattling pivot

Broadcom (AVGO) just posted the kind of quarter most chipmakers can only dream about. Record revenue, AI sales up triple digits, and a growing roster of marquee customers. Then the stock fell. Shares of Broadcom dropped 12.59% on June 4…

AI-powered broker Fura announces latest acquisition

Freight broker Fura announced Monday that it has acquired LG Logistics Solutions. This marked the sixth acquisition for the Cincinnati-based AI-powered 3PL. Financial terms of the transaction were not disclosed. “Freight brokerage is one of the largest and most fragmented…

LTL general rate increases no longer an annual event

ArcBest announced Monday a 5.9% increase to general rates and charges for less-than-truckload services in both of its business units. The increase takes effect on June 22. This year’s general rate increase is a little ahead of the 11-month cadence…

56-year-old beloved fast-food chain closes over 700 locations

The chain restaurant sector has battled an array of economic issues over the last five years that have led to location closings and bankruptcy filings. Certain fast-food chains, such as Long John Silver’s, have downsized their businesses dating back to…