
Tesla and NatPower Partner on $5 Billion Battery Storage Expansion in Europe
Jun 23, 2026 22:18 pm UTC| Business
Tesla and independent energy company NatPower have signed a major agreement to develop 25 gigawatt hours (GWh) of battery energy storage capacity across Italy and the United Kingdom, marking the first phase of a project...

Cerebras Revenue Forecast Tops Expectations, but Margin Concerns Weigh on Stock
Jun 23, 2026 22:17 pm UTC| Business Technology
Cerebras Systems delivered a strong revenue outlook for 2026 that exceeded Wall Street expectations, but investors remained cautious as the companys profit margin forecast highlighted the challenges of competing with AI...

SpaceX Stock Rebounds After Sharp Selloff, But Valuation Concerns Persist
Jun 23, 2026 22:14 pm UTC| Business Technology
SpaceX (NASDAQ: SPCX) recovered modestly on Tuesday, closing 0.9% higher at $156.06 after briefly falling below its post-IPO opening price during intraday trading. The stock touched a low of $147.11, slipping beneath the...

Alphabet Replaces Verizon in Dow Jones Industrial Average
Jun 23, 2026 22:12 pm UTC| Business Technology
Alphabet (NASDAQ: GOOGL), the parent company of Google, will replace Verizon Communications in the Dow Jones Industrial Average (DJIA) effective June 29, according to an announcement from SP Dow Jones Indices on Tuesday....

FedEx Stock Drops After Weak 2026 Earnings Forecast Despite Strong Q4 Results
Jun 23, 2026 22:11 pm UTC| Business
FedEx (NYSE: FDX) shares fell nearly 6% in after-hours trading on Tuesday after the global shipping and logistics giant issued a fiscal 2026 earnings outlook that missed Wall Street expectations, overshadowing...

Ryan Cohen Rejects GameStop Pay Package, Prepares New eBay Acquisition Plan
Jun 23, 2026 22:10 pm UTC| Business
GameStop CEO Ryan Cohen has decided not to accept a potential performance-based compensation package as the company prepares to reveal additional details about its ambitious plan to acquire eBay. Earlier this year,...

Meta Reportedly Developing ‘Arena’ Prediction Market App to Rival Polymarket and Kalshi
Jun 23, 2026 22:08 pm UTC| Business
Meta Platforms is reportedly exploring the fast-growing prediction market sector with a new standalone application internally known as Arena, according to a report by The New York Times. The project, which is said to have...