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Stocks making the biggest moves midday: Comcast, Charter Communications, Rocket Lab, Alphabet, Verizon & more

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Stocks making the biggest moves midday: MU, CMCSA, RKLB, GOOGL, VZ Skip Navigation Markets Business Investing Tech Politics Video Watchlist Investing Club PRO Livestream Menu Check out the companies making the biggest moves midday: Chipmakers Semiconductors were volatile Monday as investors rotated money between the sector and the rest of the market. The VanEck Semiconductor ETF (SMH) was last up 2.5% after falling as much as 3.1%. Nvidia traded 0.6%, recovering from a 1.4% slide. Micron pared earlier losses, trading 2% lower. TopBuild The insulation and building materials maker dropped 12% to start the week, putting it on pace for its worst day since March 2020. The move comes as investors brace for TopBuild to be acquired by QXO. The deal was announced in April . Comcast Shares rose 6% after the company announced it would spin off its media portfolio of NBCUniversal and Sky. The spin-off is expected to be completed in about one year, and will see Comcast co-CEO Mike Cavanagh steppin...

Burnham's Manchesterism could change the UK, but is not yet a full economic plan

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Image source, AFP via Getty Images By Faisal Islam Economics editor Published 12 minutes ago "True to the motto of this city, I am going to do things differently," Andy Burnham declared, a reference to the film 24 Hour Party People. His speech in Manchester did indeed show a rather different way of seeing and running the UK. The departing Greater Manchester mayor presented a diagnosis of what has caused economic malaise, rooted in his own experiences running the city and when he was previously in Cabinet. At its heart it is a critique of an unresponsive British state, adept at arguing with itself, rather than achieving real change and rebuilding the country. His solutions were ambitious, and mostly rather general, taking power from the centre and giving it to regions and cities, as occurs routinely in other advanced countries. Burnham tells a story of his time as chief secretary to the Treasury, two decades ago, wishing to build a northern equivalent to London's Crossrai...

Stocks making the biggest moves premarket: Comcast, Rocket Lab, Charter Communications & more

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Stocks making the biggest moves premarket: CMCSA, SPCX, CHTR Skip Navigation Markets Business Investing Tech Politics Video Watchlist Investing Club PRO Livestream Menu Check out the companies making the biggest moves premarket: Comcast Shares surged 20% after the company announced it would spin off its media portfolio of NBCUniversal and Sky. The spin-off is expected to be completed in about one year, and will see Comcast co-CEO Mike Cavanagh stepping into the role of leader at NBCUniversal, while former Comcast CFO Michael Angelakis will become chief of the telecommunications company. Rocket Lab , Iridium Communications The two companies' stocks jumped after Rocket Lab announced it would acquire Iridium. Rocket Lab said the merger will combine the company's launch capabilities with Iridium's satellite communications network. Rocket Lab jumped more than 10% while Iridium surged more than 20%. SpaceX The stock rose 2% after Nasdaq announced on Friday that SpaceX would be...

Trump says U.S. and Iran to hold fresh talks in Qatar on Tuesday following weekend clashes

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The U.S. and Iran are poised to hold fresh talks on Tuesday in Qatar's capital, President Donald Trump said via social media on Monday, following a weekend of hostilities in the Middle East. "IRAN HAS REQUESTED A MEETING. IT WILL TAKE PLACE TOMORROW IN DOHA!," Trump said in a post on Truth Social. There was no immediate reaction from Iran. CNBC has contacted Iran's Ministry of Foreign Affairs and is awaiting a response. Trump's post comes after the U.S. and Iran exchanged a series of strikes over the weekend that threatened to derail negotiations aimed at ending the conflict. White House Press Secretary Karoline Leavitt told Fox News on Monday that special envoys Steve Witkoff and Jared Kushner would travel for the meeting. "As far as we're concerned, we're holding up our end of the ceasefire. Violence will be met with violence," she added. "The United States of America has the best and strongest military in the world. The president retains...

Donald Trump and how strongman leaders fall

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The downfalls of would-be autocrats in Hungary, Brazil and the Philippines hold lessons for America 🔥 EXCLUSIVE PARTNER OFFER EasyThreed 3D Printer Entry Level Compatible with PLA TPU 1.75mm Filament include Power Adaptor. Special Price 🎁 Special promotion! Perfect gift idea at an unbeatable price. Shop now! 🛒 Buy Now on AliExpress → Affiliate link — Commission earned at no extra cost to you 📰 Original source: https://www.ft.com/content/a1f9bae6-35a6-4875-ad5a-e5fa3c1de87d © EcoNews DZ — Global Economic & Financial News

Comcast soars 23% after announcing it will spin off media and tech wings into separate public companies

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Comcast said Monday it plans to separate its media and technology businesses into two publicly traded companies as it looks to better compete in a media landscape increasingly characterized by pressure from streaming rivals and consolidation. The separation, which will happen via a tax-free spinoff of NBCUniversal and Sky, is expected to be completed in about one year, and Comcast shareholders will own shares in both Comcast and NBCUniversal, the company said in a statement. Comcast shares jumped as much as 26% in premarket trading, before paring some gains to trade about 23% higher. Comcast co-CEO Mike Cavanagh will become CEO of NBCUniversal, while Comcast's former Chief Financial Officer Michael Angelakis will become CEO of Comcast. Comcast's other co-CEO and chair, Brian L. Roberts, will continue to be actively involved in the leadership of both Comcast and NBCUniversal. The media arm will incorporate the theme parks division, Universal film and television studios, NBC an...

AMD (AMD) Commits £2 Billion to the UK and Helps Build Two AI Supercomputers at Cambridge

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AMD (AMD) Commits 2 Billion to the UK and Helps Build Two AI Supercomputers at Cambridge Abdul Rahman Mon, June 29, 2026 at 3:22 AM PDT 2 min read AMD DELL Advanced Micro Devices, Inc. (NASDAQ: AMD ) is one of the best fast growth stocks to buy according to hedge funds . On June 8, Advanced Micro Devices, Inc.'s (NASDAQ:AMD) Chair and CEO, Dr. Lisa Su, announced the company's commitment to invest up to 2 billion over the next five years in the United Kingdom. Dr. Su made the announcement on the first day of London Tech Week, which took place from June 8 to June 12. AMD (AMD) Commits 2 Billion to the UK and Helps Build Two AI Supercomputers at Cambridge The investment will be made in chunks where there will be a package for infrastructure deployments, research collaborations, and ecosystem partnerships. All these investments, said Dr. Su, will be centered on AMD's Instinct GPUs, EPYC CPUs, and ROCm open software. These are the three pillars of AMD's AI compute stack. Th...

Are you richer than you think? 5 clear signs you’re doing better than the average American in 2026

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Are you richer than you think? 5 clear signs you’re doing better than the average American in 2026 Vishesh Raisinghani Mon, June 29, 2026 at 2:30 AM PDT 7 min read drazenphoto/Envato The vast majority of Americans are experiencing some level of financial stress or uncertainty these days. That's according to a recent Gallup survey (1), which found that while financial fulfillment is possible, most Americans are still struggling to get there. But between stubborn inflation, war overseas and never-ending talk of a recession, it's not surprising so many Americans just feel financially unstable. Must Read Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 here are 5 ways to build wealth like a landlord without actually being one Robert Kiyosaki says this 1 asset will surge 400% in a year and begs investors not to miss this 'explosion' Millionaires under 43 hold only 25% of their wealth in stocks. Here's where their money is actuall...

Progressive’s Mandatory ELD Switch? Some Small Trucking Fleets May Be Required to Switch ELD Providers.

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Progressive’s Mandatory ELD Switch? Some Small Trucking Fleets May Be Required to Switch ELD Providers. (Photo: Jim Allen/FreightWaves) Sage Sullyblues Sat, June 27, 2026 at 3:07 PM PDT 7 min read For years, commercial trucking insurers have encouraged fleets to participate in telematics programs by offering premium discounts in exchange for access to electronic driving data. Programs that once focused primarily on rewarding safe driving have gradually become an increasingly important part of commercial underwriting. Progressive Commercial's Smart Haul program has been one of those initiatives, allowing eligible motor carriers to share telematics data with the insurer in exchange for potential premium savings. However, documentation reviewed by us and confirmed by Progressive indicates that, for some trucking applicants, participation in Smart Haul is no longer simply an opportunity to earn a discount. Instead, it has become part of the underwriting process itself. The issue first...

Putin details Russia’s fuel shortages after Ukrainian drone strikes

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Russian President Vladimir Putin has conceded that the country is facing fuel shortages following a barrage of long-range Ukrainian drone strikes on key energy infrastructure, although he insisted the Kremlin was dealing with them. The Russian president's comments during an interview with a state TV reporter on Sunday mark the first time he has detailed the extent to which Ukraine's deep-strike success has hampered Russia's fuel production. Putin said Russia would import more fuel and expedite repairs of oil facilities to end what he described as the "temporary deficit," according to The Associated Press . "All damaged facilities are being restored quite quickly, and the issues that arise are not critical," Putin said. He also pledged to bolster Russia's air defense capacity to tackle Ukraine's mid- to long-range drone capabilities. Ukraine has stepped up attacks on Russian oil facilities in recent weeks, seeking to cut off Moscow's energy r...

Rogue builder left our roof leaking and spent £30K we gave him in Lanzarote

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Image caption, Barry and Shelley Sawkins say the building work took "every penny" they had By Sarah Easedale BBC Wales Published 28 June 2026 Updated 1 hour ago A heartbroken couple lost more than 30,000 to a rogue builder who left their new extension unfinished, with water pouring into their home. Alarms bells had been raised earlier when Shelley Sawkins, 75, called the tradesman, and realised he was in Lanzarote spending money she had given him. The builder, Christian Williams, 54, is currently serving a two-year prison sentence after admitting theft and three counts of fraud by false representation involving four families. In a Proceeds of Crime Act , external hearing earlier this month, Mold Crown Court heard he had benefitted to the tune of 163,051.70 from his offending, but his assets available to pay back amounted to just 1. Williams had been posting photos on Facebook of holidays and days out at the races, while one of his victims, a dad of three, had to finish his t...

The leap of faith behind SpaceX’s mega bond deal

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The views of equity and bond investors might one day be at odds with each other 🔥 EXCLUSIVE PARTNER OFFER KINGROON 22LBS PETG or PLA filament 3D Printer Filament 10 Rolls 1KG 1.75MM Eco-Friendly Good Toughness Mix Color Free Shipping Special Price 💥 Massive discount! Save big on this must-have item. Free shipping available! 🛒 Buy Now on AliExpress → Affiliate link — Commission earned at no extra cost to you 📰 Original source: https://www.ft.com/content/93fc9630-c199-4350-85ba-9323fe04f24c © EcoNews DZ — Global Economic & Financial News

If you think China needs to dethrone U.S. dollar, you don't understand how it is waging global currency war

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Every June, policymakers, regulators, bankers, investors, and financial executives gather in Shanghai for the Lujiazui Forum, China 's premier financial policy conference. If Davos is where global elites discuss the future of the world economy, Lujiazui is increasingly where Beijing signals how it intends to shape that future to serve its own interests. As Americans, despite all the ways that our current focus is divided, I believe that this year's forum deserves our attention. At this year's Lujiazui Forum , Chinese officials unveiled a series of measures designed to expand offshore renminbi (RMB) finance, deepen Shanghai's role as an international financial center, create new liquidity facilities for foreign central banks and sovereign investors, expand cross-border RMB trading, and further open portions of China's financial sector to international participation. It is true that we have heard much of this before and, for skeptics and many observers, it is und...

Samsung, SK Hynix shares fall as investors brace for reported $1.3 trillion spending plans

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Shares of Samsung Electronics and SK Hynix plunged on Monday after reports surfaced that the pair are expected to unveil investment plans worth more than a trillion dollars. Samsung Electronics' stock was down 4.7%, while SK Hynix was 3.1% lower. Samsung Electronics and SK Hynix will unveil major investment plans of up to 2,000 trillion won ($1.3 trillion) over the next 10 years, the Korea Economic Daily reported . The investment plans will be announced during a government briefing at 2 p.m. local time Monday. The meeting will be chaired by President Lee Jae Myung, the presidential office said Sunday . The announcement comes after the Maeil Business Newspaper on Friday reported that Samsung Group will announce a 1,000 trillion won ($646 billion) investment program spanning the next decade. The Maeil report said Samsung's decade-long investment blueprint would span semiconductor fabs, AI data centers, advanced packaging, batteries and displays, including roughly 300 trillion w...

Qualcomm Stock Is Down 14.6% From Its High, But QCOM Faces Too Many Headwinds to Rush In and Buy the Dip

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Qualcomm Stock Is Down 14.6% From Its High, But QCOM Faces Too Many Headwinds to Rush In and Buy the Dip Amit Singh Sat, June 27, 2026 at 8:00 AM PDT 3 min read QCOM Data Center by Caureem via Shutterstock (2) After a strong rally, Qualcomm (QCOM) has lost momentum. The stock has fallen 14.6% from its recent high and is down 20.13% over the past month, reflecting valuation concerns and a challenging smartphone market. The recent pullback comes after Qualcomm's sharp three-month rally pushed its valuation to elevated levels. At the same time, rising demand for AI infrastructure has tightened memory supply, driving up memory prices and increasing costs for smartphone manufacturers. The impact has been particularly evident in China, where many handset makers have scaled back production plans and reduced inventory levels. More News from Barchart Billionaire Mark Cuban Says If We Fined Insurance Companies and Providers $100 Each Time They Overbilled, 'We Could Pay Off the National ...

Broadcom and OpenAI Just Unveiled the New Jalapeño AI Chip. What That Means for AVGO Stock.

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Broadcom and OpenAI Just Unveiled the New Jalapeño AI Chip. What That Means for AVGO Stock. Anushka Mukherji Sat, June 27, 2026 at 7:00 AM PDT 6 min read AVGO CLS.TO Semiconductor giant Broadcom (AVGO) grabbed the spotlight on June 24 after joining forces with OpenAI to unveil Jalapeño, OpenAI's first custom-built artificial intelligence (AI) chip, designed to power the next generation of AI models. The chip is the first AI accelerator in a multi-generation computing platform that the two companies are developing together to make AI faster, more reliable, and more affordable to deploy at scale. OpenAI designed Jalapeño based on its deep understanding of the ways in which AI models like ChatGPT work, while Broadcom and Celestica (CLS) helped transform the design into a production-ready chip. Their work included chip manufacturing, system integration, high-speed networking, and building the infrastructure needed to produce the chips at scale. Jalapeño is designed to support both cur...

SpaceX landed in millions of 401(k)s through index funds — and the same rules open the door to OpenAI and Anthropic

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SpaceX landed in millions of 401(k)s through index funds and the same rules open the door to OpenAI and Anthropic Rudro Chakrabarti Sun, June 28, 2026 at 2:45 PM PDT 10 min read SPCX IWB VTI) QQQ ^CRSPTMT SpaceX (NASDAQ:SPCX) priced its IPO (1) at $135 a share on June 12 and promptly went on a tear. Within four trading days, it climbed roughly two-thirds, touching $225 and a valuation near $3 trillion. Then it gave most of that back, sliding more than 30% to around $153, where it trades now still roughly a $2 trillion company. None of that round trip had any bearing on what happened next in millions of retirement accounts. On June 18, just five trading days after the listing, SpaceX entered the CRSP US Total Market Index the benchmark behind the Vanguard Total Stock Market Index Fund (NYSEARCA:VTI), one of the most widely held funds in America and many other index funds. That's the part worth understanding, because it's about to happen two more times. Must Read Jeff Bezos back...