Author: Editor-In-Chief
Monday, June 15, 2026, Nasdaq Marketsite, New York, USA. Michael Nagle | Bloomberg | Getty ImagesTech bulls may not have to wait too long for a new high if the biggest single trade takes place. Invesco QQQ Trust ETF Thursday is any indication.The trader spent $24 million on a three-part call spread, a high-conviction directional bet that would require the Nasdaq 100 index to hit a new all-time high by the end of the month, and the third-largest trade of all options traded Thursday.Despite the recent volatility; Nasdaq 100 The index last hit a high on June 3, with most…
Traders work on the floor of the New York Stock Exchange during morning trading on July 8, 2026 in New York City. Michael M. Santiago | Getty ImagesStock prices rose rapidly in the first half of this year. Meanwhile, economists say the U.S. economic trajectory is more tepid and somewhat out of step with the trajectory of stock prices. This disconnect may be confusing to consumers and investors who believe that the stock market and the economy mirror each other and move in tandem.”I think there’s a widespread sense that the two should be aligned,” said Joe Seidle, senior market…
At least 12 people have been killed in a wildfire on Spain’s southern coast, local officials said Friday, as residents continue to evacuate amid concerns that strong winds will spread the fire. About 150 emergency workers were called in to fight a wildfire near the town of Los Gallardos on the Costa de Almería, one of Spain’s deadliest regions on record, and several residents were evacuated from their homes, the Andalusian regional government said in a statement. Antonio Sanz, the region’s health and emergencies minister, said: “This is the most devastating fire ever in this region.” At least 23 people…
Fiji Simo, OpenAI’s No. 2 executive, will step down from his full-time position, The Wall Street Journal reported. Simo said in a staff note Thursday that his ongoing medical leave has proven longer and more difficult than expected and he will instead transition to a part-time advisory role. Mr. Simo joined OpenAI’s Board of Directors in 2024 and joined OpenAI in May 2025 as CEO of Applications. A new role was subsequently created, reporting directly to Sam Altman, to integrate the company’s business and product operations. Her appointment was accompanied by broader reporting changes. COO Brad Lightcap, CFO Sarah Friar…
On June 26, 2026, traders are working at the New York Stock Exchange. new york stock exchangeS&P500 futures The index was relatively unchanged after a solid session on Wall Street on Friday. Nasdaq Compositeis on track for weekly gains.Futures tied to broad market indexes traded near flat lines, but Nasdaq 100 futures It fell by 0.2%. Dow Jones Industrial Average Futures It rose by 111 points (0.2%). The S&P 500 Index is on pace to gain 0.8% for the week, and the Nasdaq Composite Index is on track to end the period up 1.5%. Meanwhile, the Dow Jones Industrial Average…
Detroit, Michigan, U.S. Senate candidate Dr. Abdul El-Sayed speaks at Sen. Bernie Sanders’ “Fight the Oligarchy” rally. Jim West | UCG | Universal Images Group | Getty ImagesAbdul El-Sayed, a progressive candidate for the Democratic nomination in Michigan’s Aug. 4 Senate primary, sees fundamental risks in the rise of artificial intelligence. And he bets that concerns related to emerging technologies and the data centers that support them could play a pivotal role in this race. “There’s literally no conversation, no pause, no talk about data centers being AI,” El-Sayed told CNBC. “This is an issue that we’re hearing about everywhere,…
Earlier this week, Bloomberg reported that Microsoft is replacing some of OpenAI’s software with its own models to cut costs. These internal models, known as MAI, were used to power apps such as Word and Excel, the magazine noted. The article raised an increasingly common question about the two companies, which once seemed inseparable but have recently sent mixed signals about their status. “Are the two companies drifting apart?” Now, OpenAI is trying to stop any hint of such interruptions. When OpenAI announced GPT 5.6 on Thursday, the company announced that it would be the “preferred model” underpinning Microsoft’s 365…
Stock chart iconStock chart iconLemonade’s year-to-date stock performance. lemonade: “I wish they could make some money…then it would be a better stock, a better company.”Stock chart iconStock chart iconAurora Innovation’s year-to-date stock price performance. aurora innovation: “We won’t make a decision on Aurora Innovation until we hire Chris Urmson.”Stock chart iconStock chart iconWeyerhaeuser’s year-to-date stock price performance. Weyerhaeuser: “When interest rates go up, this stock goes down. And people think interest rates are going up. If you think interest rates are going to go down eventually, you’ll start buying stocks here right away. I’m more bullish on this stock than…
A worker stands inside a meth lab in Los Angeles, California, USA on May 20, 2026. Daniel Cole | ReutersThe “addictive” design of Instagram and Facebook is Meta It violates the European Union’s digital law, the EU concluded in a preliminary report on Friday.The European Commission said the tech giant breached EU digital services law by failing to adequately consider risks associated with design features that could affect the physical health of users, including minors and vulnerable adults.These features include infinite scrolling, autoplay, push notifications, and a highly personalized recommendation system. If the commission’s findings are confirmed, Meta faces a…
The United States cut its foreign aid by billions of dollars for the first time in 2025, and other major donors are following suit.Published July 10, 2026July 10, 2026Global aid cuts have left at least one million women and girls without life-saving assistance in the past 18 months, according to a new United Nations study.A UN Women report released on Friday said that although organizations serving women and girls have seen an increase in demand for their services over the past year, 90% say they have run out of funding and are unable to meet needs on the ground.Recommended stories…