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The Latest Breaking News from NYSE

Consumer Tech News (July 6-10): Micron Plans $250B US Expansion, Apple Signs $30B Broadcom Deal & More

Photo via Shutterstock

Benzinga

Apple Sues OpenAI, Dependence on TSMC, Rise in Prices and More: This Week in Appleverse

It was a busy weekend in the tech world. Here’s a quick roundup of the top stories that you might have missed.

Benzinga

Power Struggle: Wolfspeed Sues Navitas Over AI Chips

Wolfspeed sued Navitas Semiconductor over five wide-bandgap patents, seeking an import injunction and damages, as both companies face debt, cash burn and shifting AI datacenter supply chains.

MarketBeat

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MarketBeat Week in Review – 07/06 - 07/10

MarketBeat recaps the week's top stories, covering SK Hynix's debut, AI stock rotation, earnings from D.R. Horton, and analysis of Palantir, Microsoft, Meta, Broadcom, Rivian, ASML, and Circle.

MarketBeat

Billionaire Investor Retreats From Retail, Exits Alibaba Entirely, Cuts Amazon Stake 10%

Activist investor Dan Loeb‘s Third Point LLC pared back its exposure to the broadline retail sector in the first quarter of 2026, cutting its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 10% and fully exiting its position in Alibaba Group (NYSE:BABA).

Benzinga

Bill Ackman’s Big Bet On Meta Stock Is Finally Paying Off: Here’s The 2026 Gain So Far

In recent years, Bill Ackman has invested Pershing Square Capital Management (NYSE:PS) heavily in Magnificent Seven stocks. This included taking a new position in Meta Platforms (NASDAQ:META) in the fourth quarter of 2025. The position took a beating earlier this year, but is finally positive for 2026.

Benzinga

Morgan Stanley Says AI Productivity Boom Could Keep Interest Rates Above Post-2008 Levels

Morgan Stanley (NYSE:MS) said Thursday that artificial intelligence (AI) could keep U.S. interest rates above post-2009 financial crisis levels if the technology boosts productivity without triggering widespread job losses.

Benzinga

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'Selling Winners, Buying Losers': Tech Stocks Drop as Energy Jumps to Start H2

A sharp rotation trade has taken over markets to start the second half of 2026, with investors dumping the year’s biggest winners and piling into beaten-down names.

Benzinga

Dollar Tree’s Turnaround Is Starting to Take Root

Dollar Tree authorized a $2.5 billion buyback and posted 120 bps of gross margin expansion, prompting upgrades from Raymond James and Goldman Sachs despite lingering weak foot traffic.

MarketBeat

Fiserv’s Debit Network Talks Raise a Bigger Question for Visa and Mastercard

Big banks are reportedly weighing a $15 billion bid for Fiserv's STAR debit network to bypass Durbin fee caps, as Visa and Mastercard face settlement costs and stablecoin competition.

MarketBeat

US stocks today: S&P 500, Nasdaq rises as chip stocks' gains offset Middle East jitters

Wall Street rose as chip stocks rallied, offsetting concerns over escalating US-Iran tensions. Gains in semiconductor firms, led by Micron and Applied Materials, lifted indexes, while Meta slipped on AI chip updates. Stable jobless claims supported sentiment, though volatility in AI-linked stocks and rate hike expectations kept markets cautious.

The Economic Times

Cathie Wood Scoops Up SpaceX Shares Again as Stock Dips, Ark Keeps Offloading AMD Shares

Cathie Wood’s Ark Invest made major moves in both Space Exploration Technologies Corp. (NASDAQ:SPCX) and Alibaba Group Holding Ltd. (NYSE:BABA) on Wednesday, July 8, as the firm leaned into two high-profile names that were both in the news. SpaceX drew attention after hiking Starlink aviation prices, while Alibaba gained momentum…

Benzinga

Michael Burry Bullish on Sportbooks, Goes Long DraftKings, Flutter

Michael Burry said on Wednesday that he is leaning into sports betting, adding long positions in DraftKings Inc. (NASDAQ:DKNG) and Flutter Entertainment plc (NYSE:FLUT), while cautioning against fast-growing prediction markets.

Benzinga

EXCLUSIVE: Alphabet’s Empire Could Be Worth More In Pieces, Jay Woods Says

Companies that spinoff business units can often unlock shareholder value, a move that Comcast Corporation (NASDAQ:CMCSA) hopes to achieve. Market expert Jay Woods tells Benzinga that when it comes to sum-of-the-parts valuations, there’s one company he wishes would break up or spinoff its units.

Benzinga

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MarketBeat

The Market Just Got Shaken—These 3 ETFs May Come Out Stronger

As Middle East tensions resurface and futures drop, VIG, VIGI, and FDVV offer dividend growth ETFs combining income with exposure to technology and global equities.

MarketBeat

5 Dividend Kings to Buy in July with Irristable Value and Yield

Five Dividend Kings—Procter & Gamble, Hormel, Stanley Black & Decker, Genuine Parts and Lowe's—trade at discounted valuations, offering attractive yields despite near-term business headwinds.

MarketBeat

These 3 Cash-Flow Stocks Give Investors More Than Just Growth Potential

Comfort Systems, Mueller Industries, and Steel Dynamics show strong cash flow and liquidity, backed by revenue growth, healthy balance sheets, and largely positive analyst ratings.

Benzinga

EXCLUSIVE: Alphabet Replaces Verizon, Here’s Who Market Expert Jay Woods Says Could Leave Dow Jones Next

The inclusion of Alphabet Inc (NASDAQ:GOOG)(NASDAQ:GOOGL) in the Dow Jones Industrial Average has changed the makeup of the popular index with its weighting much higher than its predecessor Verizon (NYSE:VZ). Here’s what one market expert says about the index’s makeup and which stock could be next to get the exit…

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news in one place.

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MarketBeat

Big Beautiful Boycott: Can It Really Hurt Coca-Cola, Amazon, and Kraft Heinz Stocks?

The Big Beautiful Boycott targets brands tied to Coca-Cola, Amazon and Kraft Heinz, but Coca-Cola, Amazon and Kraft Heinz stocks show fundamentals have mattered more than boycott pressure so far.

MarketBeat

3 Stocks With Solid Yields and Sustainabale Payouts Boost Dividends Once Again

Darden, Delta Air Lines, and Kroger raised dividends 8% to 14%. A payout ratio analysis shows all three maintain sustainable dividends despite Kroger's misleading recent ratio.

Benzinga

Trump Wants a 'Beauty': Lockheed Martin's Sikorsky to Fund New $6 Million White House Helipad After Marine One Takes a Toll on the Lawn

President Donald Trump has declared that Sikorsky, a subsidiary of Lockheed Martin (NYSE:LMT), will be financing a new helicopter landing pad at the White House.

Benzinga

Morgan Stanley Analyst Initiates SpaceX Coverage, Sees Nearly 90% Upside for Elon Musk's SPCX

Morgan Stanley (NYSE:MS) analyst Adam Jonas began coverage of Elon Musk-led Space Exploration Technologies Corp. (NASDAQ:SPCX), sharing a price target of $300/share for the commercial space flight giant.

Benzinga

Trump Urges Congress To Pass SAVE America Act, Approve $350 Billion Defense Package as 'Number One Priority'

President Donald Trump emphasized the strength of the U.S. Military and called for increased defense funding and the passage of the SAVE America Act.

Benzinga

Trump Accounts Praised by Bitcoin Bull Mike Novogratz: Galaxy Will Match $1,000 Contribution for Employees' Kids

Mike Novogratz, CEO of Galaxy Digital Inc. (NASDAQ:GLXY), pledged on Monday that the company will match the federal government’s initial $1,000 funding to the “Trump Accounts” program for eligible children of employees.

Benzinga

PIMCO Says AI Could Trigger Stress Across Private Credit's Software Bets

Artificial intelligence may be creating a new fault line in leveraged finance, with PIMCO warning that the technology could erode the software business models underpinning billions of dollars in private credit and leveraged loan deals.

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