Check out the companies making the biggest moves midday: Micron Technology — The chipmaker dropped more than 10%, putting it on track for its worst day since June 5, leading a broad selloff in tech. Marvell Technology also shed 8%, while Sandisk lost 11%. Accenture — The consulting giant rose nearly 2%, bucking the broader…
Check out the companies making headlines before the bell: IBM — The legacy tech stock was a bright spot in the broader sector selloff, rising more than 4% following an upgrade to overweight at JPMorgan . “Software continues to drive better recurring revenue, margins, profitability, and cash flow,” analysts at the bank said. Qualcomm —…
The U.S. Soybean Export Council booth is pictured here during the 4th China International Supply Chain Expo on June 22, 2026 in Beijing, China. China News Service | Getty Images BEIJING — As Brazil takes a greater share of Chinese soybean purchases away from American farmers, the U.S. is trying to win back buyers by…
Citizens gather to purchase and scratch instant lottery tickets at a lottery ticket booth on June 21, 2026 in Guangzhou, Guangdong Province of China. Vcg | Visual China Group | Getty Images BEIJING — China’s consumer spending slowdown persisted in June, with growth during one of the country’s largest online shopping festivals weakening sharply from…
Mark Zuckerberg, CEO of Meta, is seen in the U.S. Capitol after a meeting in the office of Senate Majority Leader John Thune, R-S.D., on Thursday, March 26, 2026. Tom Williams | CQ-Roll Call, Inc. | Getty Images Elon Musk became the world’s first trillionaire thanks to his stake in SpaceX after the company’s public…
Check out the companies making the biggest moves premarket: Apogee Therapeutics — The biotechnology company soared 50% after AbbVie confirmed it will acquire the company. The $10.9 billion transaction will see AbbVie acquire all outstanding shares of Apogee for $135.11 in cash, a 49% premium compared to Thursday’s close. AbbVie said the acquisition will accelerate…
Alan Greenspan, the longtime Federal Reserve chairman known as “the Maestro” who became one of the most influential economic policymakers of his era and famously warned of “irrational exuberance,” has died. He was 100. The influential economist died Monday from complications of Parkinson’s Disease, said his wife of 29 years, Andrea Mitchell, the chief Washington…
Federal Reserve Chair Kevin Warsh speaks to reporters during his first news conference since taking the helm at the central bank on June 17, 2026 in Washington, DC. Chip Somodevilla | Getty Images Federal Reserve Chairman Kevin Warsh’s first big announced changes point toward a quiet revolution, with task forces set up to rethink virtually…
Vessels at the Strait of Hormuz, as seen from Musandam, Oman, June 15, 2026. Stringer | Reuters Iran declared the Strait of Hormuz closed again on Saturday and warned vessels to stay away from the critical shipping route, but the U.S. denied those claims, stating the waterway remained open. Tensions between the two countries escalated…
CoinDesk’s president of indices and data has a message for investors: Don’t count out bitcoin. “When I got my first smartphone, which is a great example of a disruptive technology that has been incorporated into my life, I didn’t get the smartphone and say, ‘This thing is garbage because I can’t get a taxi in…
