Author: franperez66q@protonmail.com
Apple doesn’t typically release new iPhones during the summer, but the software updates revealed on Monday at WWDC will launch alongside new hardware in the fall. Apple will also reveal more of its artificial intelligence strategy, including updates to Siri and its partnership to use Google’s Gemini models. Apple stock has neared record highs in recent weeks as investors and analysts approved of a Google AI partnership announced in January and the latest iPhones have shown strong, continuing sales momentum.But Apple needs to communicate to investors that it has a strong plan to win in AI and needs to convince…
Intesa launches $35 billion Monte dei Paschi bid to redraw Italian financial map Source link
Speaker of the House Mike Johnson, R-La., speaks during the news conference following the House Republican Conference caucus meeting at the Republican National Committee headquarters in Washington on Wednesday, May 13, 2026. Bill Clark | CQ-Roll Call, Inc. | Getty ImagesThe U.S. House is poised to vote to on a $70 billion package to fund immigration enforcement agencies and, after months of partisan fighting, send the measure to President Donald Trump’s desk.The package would fund Immigration and Customs Enforcement and Customs and Border Protection, two Department of Homeland Security subagencies left out of an earlier spending bill amid Democratic opposition,…
(This is The Best Stocks in the Market , brought to you by Josh Brown and Sean Russo of Ritholtz Wealth Management.) Josh — I’m old enough to remember when people were bullish on Prologis (PLD) because of its reputation as “the landlord of e-commerce” circa 2021. I was trading the stock back then for this exact reason. When Amazon and every other retailer needed warehouse space close to consumers, Prologis had the locations, the scale, and the relationships. That story hasn’t gone away, but there’s a new one running alongside it. The company is now pushing aggressively into data…
Cerebras shares climb as Wall Street brokerages back AI chip strategy Source link
1. 100 daysSmoke billows from southern Lebanon following an Israeli strike, as seen from Nabatieh, Lebanon, on June 6, 2026.Stringer | ReutersPresident Donald Trump told Iran and Israel to “immediately stop ‘shooting'” in a Truth Social post this morning, after the two countries traded strikes for the first time since the precarious ceasefire began in April. Here’s what to know:Following Iranian strikes on Israel Sunday, the Israeli Defense Forces said it carried out a “large-scale strike on strategic defense systems” in Iran.The renewed tensions could put the ceasefire in jeopardy. Iran’s parliamentary speaker wrote in a post on X that the…
The prime minister has pledged “decisive” measures in response to calls for an Australia-style ban. Source link
Apparel company Kontoor Brands’ portfolio is at an “inflection point,” according to JPMorgan. The bank initiated coverage of the stock at an overweight rating on Monday. It also placed a $90 price target on shares, indicating a more than 28% gain from Friday’s close. Analyst Matthew Boss said the company’s narrow focus of brands — Wrangler, which produces jeans, and Helly Hansen, an outdoor apparel manufacturer — creates an opportunity for the company to accelerate growth. “We see revenue growth upside opportunity for Wrangler to improve to +low-to-mid-single- digit(+) growth (vs. our model at low-singles) & Helly to low-double- digits(+)…
USDA confirms two more screwworm cases in Texas livestock Source link
Corning CEO Wendell Weeks at Corning’s cable factory in Hickory, North Carolina, on Jan. 9, 2026.Magdalena Petrova | CNBCAmazon is paying Corning billions of dollars for optical fiber to power and connect its rapidly expanding U.S. data centers, the latest megadeal featuring two companies at the center of the artificial intelligence boom.The agreement, announced Monday, will play out over several years and create 1,000 jobs at Corning’s North Carolina factories, the companies said. Corning’s fiber optic cable and networking solutions are becoming essential elements of AI infrastructure because they enable fast connections between data centers and the racks and chips…