Supreme Court ruling allows Exxon to sue Cuba over confiscated assets (XOM:NYSE)

David McNew/Getty Images News The U.S. Supreme Court ruled Tuesday that Exxon Mobil (XOM) can sue Cuban state-owned companies in U.S. courts over property that was seized decades ago by former leader Fidel Castro’s ​government. In a 6-3 decision, the court said the foreign sovereign immunity Source link

AI chipmaker Cerebras down 11% after first public earnings report

In its first earnings report since its May IPO, Cerebras Systems (CBRS) is lower by 11% in after-hours trading after guiding to lower profit margins next quarter. First-quarter revenue nearly doubled from the year-ago level to $193.4 million, and the company’s adjusted net loss of $2.5 million beat analyst forecasts…

Crypto critic Nouriel Roubini embraces tokenization with ETF-backed ‘Technodollar’

The launch is the latest example of tokenization, a fast-growing sector that puts traditional assets such as funds, bonds and stocks on blockchain networks. Supporters argue the technology can make assets easier to transfer and settle, reach a wider set of investors globally while enabling around-the-clock trading. Major firms including…

TotalEnergies must spend on Middle East pipelines that bypass Hormuz, CEO says (TTE:NYSE)

olrat/iStock Editorial via Getty Images TotalEnergies (TTE), the oil major most exposed to the Middle East, must prioritize building ​pipelines that could export oil and gas from ‌the region without depending on ships that travel through the Strait of Hormuz, CEO Patrick Pouyanne said Tuesday. Source link

Kewaunee Scientific GAAP EPS of $1.13, revenue of $71.4M (NASDAQ:KEQU)

Kewaunee Scientific press release (KEQU): Q4 GAAP EPS of $1.13. Revenue of $71.4M (-7.5% Y/Y). Sales during fiscal year 2026 were $281.99M, an increase of 17.3% compared to sales of $240.47M from the prior year. Pre-tax earnings for the fiscal year were $13.73M compared to pre-tax Source link

Congress sets Clarity Act hearing on July 17 but Catholic groups warn on risks

Jun 23, 2026, 3:59 PM ETBitcoin USD (BTC-USD) Crypto, BTC, ETH-USD Crypto, ETH, SOL-USD Crypto, XRP-USD Crypto, XRPCOIN, HOOD, GLXY, HOOD:CABy: Sara Sethiya, SA News Editor The U.S. House Financial Services Committee announced on Tuesday that it will hold a hearing on the CLARITY Act on July 17 in New…

Consumer staples rise as investors turn away from the AI trade (XLP:NYSEARCA)

Jun 23, 2026, 2:56 PM ETState Street Consumer Staples Sel Sect SPDR ETF (XLP), IYKWMT, TGT, PG, KR, CL, VLGEA, CPB, PPC, MO, CAG, GIS, MZTI, LWAY, BGS, PM, NGVC, SFM, ACI, BRBRBy: Clark Schultz, SA News Editor FabrikaCr Investors turned to defensive stocks on Tuesday as a sell-off in…

Meta is developing a prediction market app called ‘Arena’ as sector booms: NYT

Meta (META), the parent company of Facebook, is developing a new app called “Arena” that mirrors a prediction market platform, according to people familiar with the matter who spoke with the New York Times. The product would allow users to make forecasts about future events, ranging from politics and sports…

The London Stock Exchange just lost a hidden gem

There has been a significant outflow of companies from the London Stock Exchange in recent years. So much so, the number of delistings has been outpacing new IPOs, creating a worrying trajectory. And while last year saw a nice uptick of firms going public, things have ground to a halt…