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Business

Charles Schwab expands into prediction markets with S&P 500 bets

Charles Schwab Corporation partnered with Cboe Global Markets to introduce binary options tied to the performance of the S&P 500, marking its entry into the rapidly growing prediction markets segment. According to a report by The Wall Street Journal, the brokerage is working with Cboe to roll out all-or-nothing options contracts that allow customers to

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Business

Why Diageo, Heineken and Anheuser-Busch are battling falling alcohol demand

Alcohol companies have had fewer reasons to say “cheers” in recent years. Volumes have been falling, and the entire business model is undergoing a structural shakeup as younger people drink less.  The downturn has been driven by a mix of structural and cyclical forces.  Younger consumers are drinking less, inflation has squeezed discretionary spending, and

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Business

Why a hawkish Fed isn’t scaring Wall Street

US stocks are showing surprising resilience as Wall Street increasingly abandons expectations for near-term Federal Reserve rate cuts. Several major financial institutions have recently pushed back their forecasts for monetary easing, with some now expecting the Federal Reserve to leave rates unchanged throughout 2026. Yet despite the more hawkish outlook, strategists remain broadly constructive on

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Business

PLTR Stock Prediction: Bull $382 vs Bear $70 in 2026

The instinct that Palantir is falling because something is wrong with the business is exactly backwards. PLTR is down roughly 27% in 2026 — yet in the same window it posted its highest-ever revenue growth (85% year-over-year) and raised full-year guidance to 71% growth. That contradiction is the entire PLTR stock prediction story, and it

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Business

BitMine stock: Tom Lee’s Ethereum bet backfires as key metrics plunge

BitMine stock price has crashed this year as Tom Lee’s Ethereum bet backfires. BMNR dropped to $15.70 on Wednesday, down substantially from last year’s high of $160. This retreat may continue as Cathie Wood pares back her holdings and as the Ethereum price remains under pressure. BitMine stock has slipped amid soaring unrealized losses Tom

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Business

Marvell stock jumps as KeyBanc lifts target, chip shipments hit milestone

Shares of Marvell Technology climbed on Thursday after the semiconductor company received a major price target increase from KeyBanc Capital Markets and announced a milestone shipment of photonic chips used in artificial intelligence data centers. MRVL shares rose 8% in trading after KeyBanc raised its price target on the stock by 48% to $385 from

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Business

Here’s why the IBM stock is falling after the Accenture earnings

International Business Machines (NYSE: IBM) stock price retreated sharply today, June 18, continuing a downward trend that started on June 2nd this year. It plunged to $245.8, down by 26% from its highest point this month.  IBM stock slumps after Accenture’s weak earnings IBM shares were in the red today, after Accenture, a top global

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Business

EURUSD Targets 1.1410 Following Breakout, 18 June, 2026

EURUSD currency pair can be expected to fall further to the next support level 1.1410 (which stopped the previous intermediate impulse wave (5) in March). EURUSD broke the support zone Likely to fall to support level 1.1410 EURUSD currency pair recently broke the support zone between the support level 1.1515 (which has been reversing the

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Business

AMZN Stock Prediction: Bull $370 vs Bear $207 in 2026

The popular take on Amazon in 2026 is that the stock is “cheap” because it lagged the rest of the Magnificent Seven — but that framing misses the real fault line. The entire AMZN stock prediction debate now hinges on a single, almost paradoxical number: roughly $200 billion. That is Amazon’s guided 2026 capital expenditure

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Business

Dow falls 500 points as Fed’s hawkish shift jolts markets

US stocks fell sharply on Wednesday, with the Dow Jones Industrial Average shedding nearly 500 points, after the Federal Reserve left interest rates unchanged but signaled that policymakers may still need to raise borrowing costs to contain inflation. The Dow closed down 507 points, or 0.98%, at 51,492.55. The S&P 500 lost 1.21% to end

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