Author: franperez66q@protonmail.com

Amazon ‘s four-day Prime Day event this week could reveal something more important for the e-commerce giant than just a big sales number. Wall Street will be watching to see if Amazon can further cement itself as consumers’ to-go destination for everyday essentials at a time when inflation-weary shoppers are focused on value. Prime Day kicks off at 12:01 a.m. PT on Tuesday (or 3:01 a.m. ET) and runs through June 26 at 11:59 p.m. PT on Friday (or 2:59 a.m. ET on Saturday). In addition to tons of deals across more than 35 categories, Amazon is putting an extra…

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Dilara Irem Sancar | Anadolu | Getty ImagesMeta’s longtime WhatsApp leader will step down and be replaced by the founder of Indian fintech startup Cred, the company announced Monday.Will Cathcart, who has served as the head of the WhatsApp messaging service for more than seven years, is transitioning into another role at Meta, where he’ll “build new products from the ground up,” Meta CEO Mark Zuckerberg wrote in a Facebook post.”I’m excited to continue to work together closely,” Zuckerberg said.A Meta spokesperson declined to comment on the specifics of Cathcart’s new role. Cathcart wrote in a post on X that…

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Jensen Huang, CEO of NVIDIA, speaks during a press conference after arriving at Gimpo International Airport in Seoul, South Korea, on June 5, 2026. Chris Jung | Nurphoto | Getty ImagesShares of Nvidia have been faltering recently — and Kalshi traders predict that what the company can charge for chips is also declining.While the artificial intelligence chipmaker is up about 12% in 2026, shares have been skidding in the past month, losing roughly 3%. In comparison, the VanEck Semiconductor ETF (SMH) is up 84% this year, and the fund has advanced 15% in the past month.Nvidia has sat on the…

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Alvaro Gonzalez | Moment | Getty ImagesA lack of available childcare could cost the U.S. economy up to $329 billion over the next 10 years, a 2025 Bipartisan Policy Center report found.One untapped way for families and the businesses that employ them to save on those costs could be through existing tax incentives, according to a new report from the U.S. Congress Joint Economic Committee — Minority. Just 13% of private sector workers have access to childcare benefits through their employers, according to the report. Moreover, existing childcare tax incentives are underused or difficult for businesses and their employees to…

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Pray to RNG gods According to Valve, the worldwide shortage of memory and storage isn’t just a problem for prices. The company was, at times, unable to get the parts it needed to build Steam Machines at any price, which has impacted the number of machines it has available. That won’t be a surprise to anyone who has been trying to snag a Steam Deck in 2026, but it means you won’t be able to just buy a Steam Machine on a whim. In order to combat resellers and keep things fair, Valve will use a randomized reservation setup. There’s…

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Prime Minister Sir Keir Starmer has resigned as Labour leader and Andy Burnham has been sworn in as MP for Makerfield. Speaking outside No 10 this morning, Starmer thanked his wife in an emotional speech, after describing becoming prime minister as the “proudest moment” of his life. Starmer also said he has spoken to the King and if there is a contest to succeed him, a new Labour leader would be in place before Parliament returns in September. The former Mayor of Greater Manchester, Andy Burnham, who travelled from Manchester to London to be sworn in as MP today, confirmed…

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Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Stocks were lower on Monday, with the S & P 500 and Nasdaq giving up their earlier gains. Real estate, health care, industries, utilities, and energy traded solidly in the green, while communications services and consumer discretionary were the laggards. It was interesting to see energy stocks move higher while consumer discretionary slipped, even as WTI crude was on pace to close below $75 per barrel for the first time since…

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