Explore 3 Stock Ideas & Industry Insights Download Free Report

News

Rivian (NASDAQ:RIVN) Partners With ChargeScape to Expand EV Battery Grid Use

Rivian Automotive, Inc. (NASDAQ:RIVN) and ChargeScape announced a partnership on Tuesday to connect Rivian electric vehicle batteries with utility managed-charging programs across North America.

Nitish Kishor | 16 June 2026

Rivian (NASDAQ:RIVN) Falls 5% as Layoffs Offset ChargeScape Partnership

Rivian Automotive, Inc. (NASDAQ:RIVN) shares fell Tuesday after the electric vehicle maker said it was laying off hundreds of workers as part of a restructuring effort aimed at improving profitability.

Nitish Kishor | 16 June 2026

US Import Prices Surge 1.9% in May, Hitting Largest Annual Rise in Nearly Four Years

US import prices rose 1.9% in May from April, according to official government data released June 16, 2026, matching the revised increase recorded the prior month. The reading came in well above market forecasts of a 1% gain, with year-on-year import price inflation reaching …

Nitish Kishor | 16 June 2026

US Housing Starts Plunge 15.4% in May to Six-Year Low as Mortgage Rates Curb Builder Activity

US housing starts fell to their lowest level in six years in May 2026, declining 15.4% from a revised April pace of 1.39 million to a seasonally adjusted annual rate of 1.18 million. The figure missed market expectations of approximately 1.43 million by a …

Nitish Kishor | 16 June 2026

US Building Permits Slip 0.7% in May as High Mortgage Rates and Affordability Pressures Weigh on Construction

US building permits decreased 0.7% in May 2026 to a seasonally adjusted annual rate of approximately 1.41 million, according to official government data released June 16, 2026. The reading came in below market expectations for 1.42 million and followed a revised April rate of …

Nitish Kishor | 16 June 2026

US Export Prices Rise 1.2% in May for Sixth Consecutive Monthly Gain

US export prices advanced 1.2% in May 2026 from the prior month, according to official government data released June 16, extending a run of consecutive monthly gains to six, the longest such streak since January. The reading followed an upwardly revised 3.5% increase in …

Nitish Kishor | 16 June 2026

Google (NASDAQ: GOOGL) Launches Wear OS 7 for Pixel Watch With Live Updates, Gemini Intelligence and Improved Battery Life

Alphabet Inc's Google division has begun rolling out Wear OS 7 to eligible Pixel Watch devices, delivering a platform update built around the all-day use patterns that define how most smartwatch users interact with their devices. The update introduces four core capability upgrades spanning …

Nitish Kishor | 16 June 2026

Yum China (NYSE:YUMC) Acquires Pizza Hut China Brand Rights as Yum Brands (NYSE:YUM) Exits the Asset

Yum China Holdings Inc (NYSE:YUMC) is acquiring the formal brand rights for Pizza Hut's China operations as part of the broader $2.7 billion Pizza Hut divestiture announced by parent Yum Brands Inc (NYSE:YUM), decoupling the chain's domestic and international structures in a way that …

Nitish Kishor | 16 June 2026

Western Digital (NASDAQ:WDC) Hits 52-Week High as Enterprise Storage Demand Surges 30%

Western Digital Corp (NASDAQ:WDC) shares rose to a fresh 52-week high Tuesday after a major investment bank raised its price target by a substantial margin, citing data showing enterprise demand for data storage products has grown roughly 30%, driven by the structural shift in …

Nitish Kishor | 16 June 2026

Velo3D (OTC:VLDXW) Shares Swing Sharply as SpaceX IPO Drives Space Manufacturing Rotation

Velo3D Inc (OTC:VLDXW) shares saw elevated intraday volatility on Tuesday as SpaceX's historic public market debut continued to reverberate across the commercial space supply chain, with investors reassessing which companies stand to benefit most from a step-change increase in launch cadence and spacecraft production …

Nitish Kishor | 16 June 2026
Support

Hi! How can we help you today?

Loading…