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The Latest Breaking News from Barclays

Barclays Just Upgraded CarMax Stock. Here's Why.

CarMax stock extends gains as Barclays lifts rating to Equal Weight. But caution is warranted in playing KMX shares at current levels.

Barchart

Micron Stock Has 66% Upside As Open‑Source AI Models Guzzle Memory, BofA Says

The rise of cheap, open-source Chinese AI models was supposed to be a threat to the companies that sell expensive memory chips.

Benzinga

There's now a Samsung Galaxy credit card with some interesting perks – here's what you get

So there was another Samsung Galaxy product being launched this week, after all

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Samsung Galaxy Card launches in the US to take on Apple Card: 5% cash back, $200 bonus, no annual fee

Samsung Galaxy Card reward: Samsung has launched its first branded credit card, the Samsung Galaxy Card, in the United States. This new Visa card, developed with Barclays, offers cashback rewards on Samsung purchases and everyday spending. Cardholders can earn up to five percent cashback on eligible Samsung purchases and three…

The Economic Times

Samsung Galaxy Card takes aim at Apple Card with way more perks and rewards — here’s what you get

Samsung's new Barclays-issued Galaxy Card aims to challenge the Apple Card by offering loyalists 5% cash back on direct brand purchases and 3% on all mobile wallet transactions.

Tom’s Guide

Stocks Pressured as Middle East Hostilities Boost Inflation Risks

The S&P 500 Index ($SPX ) (SPY ) on Monday closed down -0.19%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -0.59%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.04%. September E-mini S&P futures (ESU26 ) fell -0.20%, and September E-mini Nasdaq futures...

Barchart

Lumentum Just Scored a New Upgrade. Here's What to Know.

Lumentum stock rallies as Barclays upgrades it to 'Overweight.' Here’s why analyst Tom O’Malley recommends owning LITE shares.

Barchart

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Broader Market Boosted by Chipmaker Strength

The S&P 500 Index ($SPX ) (SPY ) today is up +0.17%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.34%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.51%. September E-mini S&P futures (ESU26 ) are up +0.20%, and September E-mini Nasdaq futures...

Barchart

Stocks Edge Higher as Chipmakers Rebound

The S&P 500 Index ($SPX ) (SPY ) today is up +0.46%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.14%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.86%. September E-mini S&P futures (ESU26 ) are up +0.43%, and September E-mini Nasdaq futures...

Barchart

Lagging on FCNR(B) deposit collections, banks pin hopes on September-end rush

Banks anticipate a surge in FCNR-B deposits before the September deadline. Initial inflows have been below expectations, but partnerships are being forged. Demand from non-resident Indians remains strong, especially from the Middle East. Lenders are intensifying outreach efforts to attract more overseas funds. Mobilisation is expected to accelerate closer to…

The Economic Times

Pay gap widens as UK bosses get 130 times average worker’s salary

In its final report the High Pay Centre says the median remuneration of a FTSE 100 CEO has risen to a record £5.06m

The Guardian - UK

British pubs to sell six million pints during England v Argentina game

The figure means pubs will almost double the number of pints they normally sell on a Wednesday

Evening Standard

England’s World Cup semi-final to fuel 14 million pint sales in UK pubs

IN FULL

The Independent UK

UK pubs expected to pour 14 million pints during tonight

Millions are expected to go out to pubs to watch the crunch World Cup game

The Independent UK

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The Guardian - UK

World Cup and sunshine prompt UK consumers to splash out on beer and online shopping

Despite spending increase in June, Barclays says most people still pessimistic about economy

Evening Standard

Heatwave and World Cup shape spending figures for June

Total retail sales across the UK were up 1.9% year on year in June, boosted significantly by a 5.1% increase in online sales, figures show.

The National (Scotland)

This US World Cup controversy exposes the corruption of the beautiful game

THERE was a wave of relief throughout the football world on Tuesday when Belgium defeated the USA 4-1 in their last-16 knock-out game in the World…

Barchart

Here’s Why TSMC Investors Are Counting Down to July 16

Investors are looking for proof that AI chip demand remains as strong as ever. Taiwan Semiconductor's Q2 report could provide just that.

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TechRadar

'No single organisation can tackle it alone': VodafoneThree says its new security process blocked two million SMS fraud messages

VodafoneThree and Barclays prevent 25% more banking scams by using combined intelligence – more banks to come.

The Guardian - UK

Bankers and unions set for clash over possible Burnham tax raid on UK banks

City bosses say move would be economically disastrous, but union leaders urge likely new PM to ignore ‘vested interests’

Barchart

Dear Tesla Stock Fans, Mark Your Calendars for July 2

Tesla's Upcoming delivery report could determine whether the EV giant's recent rally has more room to run.

The Independent UK

Barclays buys its Canary Wharf headquarters in £750m deal

The £750 million valuation covers a 999-year leasehold interest, a common form of extended property agreement

Evening Standard

Barclays buys its Canary Wharf tower for £750m in ‘strong endorsement’ of London

The banking group has acquired a long-term lease in the London-based global headquarters from Canary Wharf Group.

International Business Times UK

The 'Bank of Mum and Dad' Now Helps More Than Half of UK First-Time Buyers Get on the Property Ladder

More than half of UK first-time buyers receive family support, with £11bn helping bridge deposit gaps as affordability reshapes the housing market.

The Guardian - UK

Spit, polish and strawberries: Wimbledon ignores the real world to perfection

The experience inside the grounds of SW19 is as far removed from outside world as ever, which is no bad thing

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