South Korean memory chip maker SK hynix Inc. filed on June 25, 2026 to list its shares on the Nasdaq stock exchange, seeking to raise up to $29.4 billion by selling as many as 17.79 million shares. The offering would be one of the largest initial public offerings in history...
ORLANDO, Florida – Darden Restaurants Inc. reported fiscal fourth-quarter and full-year results on Thursday that beat Wall Street expectations, supported by robust growth at LongHorn Steakhouse and steady gains at Olive Garden. The company posted quarterly net income of $404.9 million, or $3.51 per share, and said adjusted earnings were...
U.S. stock futures climbed sharply on Thursday, driven by strong earnings and forecasts from major semiconductor companies that eased concerns about a losing streak in artificial intelligence-linked shares. Nasdaq 100 futures gained about 2.2%, with S&P 500 and Dow futures also moving higher as investors rotated back into technology names....
United States-based OpenAI and U.S. semiconductor company Broadcom have unveiled Jalapeño, OpenAI’s first custom-designed artificial intelligence chip, developed to accelerate inference workloads such as real-time ChatGPT responses. The application-specific integrated circuit (ASIC) marks OpenAI’s most aggressive move yet to reduce its dependence on Nvidia’s dominant general-purpose GPUs and to move...
BOISE, Idaho — Micron Technology Inc. reported fiscal third-quarter 2026 revenue of $41.46 billion, far exceeding Wall Street forecasts and marking a 346% increase from the $9.30 billion recorded in the same period a year earlier. Revenue also rose 74% from $23.86 billion in the prior quarter, underscoring the pace...
Washington — The Great American State Fair opened on the National Mall on June 24–25, 2026, as a 16-day semiquincentennial celebration organized by Freedom 250. The event installed exhibits from all 50 states and U.S. territories, rides including a 110-foot Ferris wheel, and stages for patriotic performances and ceremonies. On opening...
NEW YORK — Shares of The Wendy’s Company (NASDAQ: WEN) jumped more than 40 percent on Wednesday, June 24, 2026, after a meme-fueled buying spree by retail traders on Reddit’s WallStreetBets forum and on X triggered a sharp short squeeze. The stock reached an intraday high of $8.78 shortly after...
WASHINGTON, June 24, 2026 — President Donald Trump has ordered the U.S. Department of Justice to open an immediate investigation into major energy companies for alleged fuel price manipulation. In posts on Truth Social on Wednesday morning, he accused large oil firms of failing to pass on sharply lower crude...
The U.S. Department of Justice on June 16, 2026, moved to intervene in and dismiss a Clean Air Act citizen lawsuit targeting Elon Musk’s artificial intelligence firm xAI and its subsidiary MZX Tech. Filed in the Northern District of Mississippi, the government’s motion argues that shutting down operations at xAI’s...
HOUSTON, Texas – The corporate entities behind Camp Mystic, a century‑old all‑girls Christian summer camp in the Texas Hill Country, filed for Chapter 11 bankruptcy protection on Wednesday, June 24, 2026, in the U.S. Bankruptcy Court for the Southern District of Texas. The move comes nearly a year after a...
