Author: franperez66q@protonmail.com

There’s even more upside left in TeraWulf despite the stock’s already massive 12-month rally, according to Citi. The bank initiated coverage of the energy infrastructure stock with a buy rating. Its price target of $36, implying upside of 39.4% from Friday’s close. TeraWulf has been on fire, soaring more than 500% over the past year. The company, which was previously seen by many on Wall Street as a pure play on cryptocurrency mining, has pivoted toward providing energy infrastructure for high performance computing systems — which are used in the development of artificial intelligence. WULF 1Y mountain WULF 12-month chart…

Read More

A live feed shows SpaceX CEO Elon Musk on the day of SpaceX’s initial public offering (IPO) at the Nasdaq MarketSite, in New York City, U.S., June 12, 2026. Jeenah Moon | ReutersSpaceX’s $25 billion foray into debt markets appeared to be well received by bond markets last week, with huge demand for the offering.But one of the biggest-ever AI bond issuances, less than two weeks after SpaceX’s IPO, has highlighted the group’s intense financing needs, capital spending plans and future refinancing obligations — and posed a diversification challenge for investors.Why SpaceX tapped debt marketsThe group tapped debt markets on June…

Read More

President Donald Trump bought as much as $5 million in shares of Axon Enterprise — maker of Tasers, body cameras and policing software — two weeks before Immigration and Customs Enforcement sought a five-year, $220 million contract that experts told CNBC appeared tailored to the company’s weapons.On Feb. 10, Trump purchased between $1 million and $5 million worth of Axon stock, according to federal disclosures he filed in May. On Feb. 24, ICE posted a notice seeking roughly 17,800 new Tasers, along with unlimited cartridges and training. The White House has said Trump’s assets are held in a trust managed…

Read More

Comcast said Monday it plans to separate its media and technology businesses into two publicly traded companies through a tax-free spin-off of NBCUniversal and Sky, to better position strategic priorities. The spin-off is expected to be completed in about one year, and Comcast shareholders will own shares in both Comcast and NBCUniversal, the company said in a statement. Comcast shares jumped as much as 14% in premarket trading.This is breaking news. Please refresh for updates.Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news. Source link

Read More

A television broadcasts the Federal Reserve’s decision to leave rates unchanged after a Federal Open Market Committee (FOMC) meeting on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, June 17, 2026. Michael Nagle | Bloomberg | Getty ImagesU.S. Treasury yields were little changed on Monday as investors looked ahead to key jobs data coming later in the week and monitored a fragile pause in hostilities between the U.S. and Iran. At 3:50 a.m. ET, the benchmark 10-year Treasury yield rose less than a basis point to 4.376%, while the 2-year Treasury yield rose…

Read More

In this pool photograph distributed by Russian state agency Sputnik, Russia’s Vladimir Putin addresses the audience at the 23rd Congress of the United Russia party in Moscow on June 28, 2026.Yekaterina Shtukina | Afp | Getty ImagesRussian President Vladimir Putin has conceded that the country is facing fuel shortages following a barrage of long-range Ukrainian drone strikes on key energy infrastructure, although he insisted the Kremlin was dealing with them.The Russian president’s comments during an interview with a state TV reporter on Sunday mark the first time he has detailed the extent to which Ukraine’s deep-strike success has hampered Russia’s…

Read More