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US building permits decreased 0.7% in May 2026 to a seasonally adjusted annual rate of approximately 1.41 million, according to official government data released June 16, 2026. The reading came in below market expectations for 1.42 million and followed a revised April rate of …
US export prices advanced 1.2% in May 2026 from the prior month, according to official government data released June 16, extending a run of consecutive monthly gains to six, the longest such streak since January. The reading followed an upwardly revised 3.5% increase in …
Alphabet Inc's Google division has begun rolling out Wear OS 7 to eligible Pixel Watch devices, delivering a platform update built around the all-day use patterns that define how most smartwatch users interact with their devices. The update introduces four core capability upgrades spanning …
Yum China Holdings Inc (NYSE:YUMC) is acquiring the formal brand rights for Pizza Hut's China operations as part of the broader $2.7 billion Pizza Hut divestiture announced by parent Yum Brands Inc (NYSE:YUM), decoupling the chain's domestic and international structures in a way that …
Western Digital Corp (NASDAQ:WDC) shares rose to a fresh 52-week high Tuesday after a major investment bank raised its price target by a substantial margin, citing data showing enterprise demand for data storage products has grown roughly 30%, driven by the structural shift in …
Velo3D Inc (OTC:VLDXW) shares saw elevated intraday volatility on Tuesday as SpaceX's historic public market debut continued to reverberate across the commercial space supply chain, with investors reassessing which companies stand to benefit most from a step-change increase in launch cadence and spacecraft production …
Seagate Technology Holdings plc (NASDAQ:STX) shares touched a 52-week high on Tuesday after a major investment bank issued a forecast predicting a sustained multi-year shortage in hard disk drive supply, driven primarily by accelerating demand from AI data center buildout programs that are consuming …
Robinhood Markets Inc (NASDAQ:HOOD) announced it would reduce its workforce by approximately 10%, framing the cuts as a deliberate strategic restructuring rather than a response to deteriorating business conditions, as the company accelerates its transition from a transaction-volume-dependent trading app toward a broader financial …
Rivian Automotive Inc (NASDAQ:RIVN) announced workforce reductions affecting hundreds of employees across its service and customer-facing operations, a move that came just one week after the formal launch of its R2 SUV and immediately drew investor scrutiny about what the timing signals regarding early …
Palantir Technologies Inc (NYSE:PLTR) shares declined approximately 3% on Tuesday in a session where at least one major research firm upgraded the stock, citing what it described as an accelerating adoption curve in the company's AI platform offering. The gap between improving analyst commentary …
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