Housing Market Rebounds: May Sales Beat Expectations, Affordability Improves
US existing-home sales rose 3.2% in May, marking the strongest monthly performance this year as affordability metrics improved despite ongoing rate volatility.
Siri Gets an AI Brain Transplant as Tim Cook Takes His Final Bow at WWDC
Apple introduces Siri AI powered by Google Gemini, marking a leadership transition as John Ternus prepares to take over for retiring CEO Tim Cook.
Italy's Favorite App Graveyard Digger Files For a US IPO
Milan-based software acquirer Bending Spoons files for a US IPO, targeting a valuation of up to $22B after a successful pivot to subscription profitability.
The June Swoon Interrupts Wall Street's AI-Fueled Party
Stronger US labor data and wealth-loop concerns trigger a sharp market correction as investors brace for central bank shifts and earnings volatility.
King Coal Gets New Life as America Hunts for More Power
New federal funding targets US coal plant longevity, but long-term industry viability remains tied to AI-driven power demand.
First-Time Homebuyers Are Overlooking Thousands in Down Payment Assistance
Thousands of dollars in down payment assistance go unused by first-time buyers who don't realize these programs exist to offset high mortgage costs.
Rubrik's Growth Is Outrunning Cybersecurity Rivals Yet Its Valuation Still Lags
Rubrik's growth outpaces its cybersecurity rivals, but its stock valuation remains depressed. Analysts weigh in on the discount.
Aerospace Stocks Are Flying High as Investors Chase New Entrants
Aerospace and defense stocks are rallying as IPOs and spin-offs surge, driven by strong demand and growth across the sector.
Transportation Stocks Surge as Data Centers Drive Freight Boom
Transportation stocks climb to record highs as a massive surge in freight demand for data center infrastructure strains global supply chains.
Chip Stocks Hit a Wall as Broadcom AI Guidance Disappoints
Semiconductor stocks tumbled as Broadcom missed AI guidance, prompting a broader market rotation into healthcare and financial sectors.
Memory Chip Prices Have Spiked Six-Fold and Your Next Laptop Will Show It
AI demand is driving memory chip prices to record highs, forcing consumer electronics brands to raise prices and cut output as the shortage enters the mainstream.
