Micron Shares Jump as Chip Shortage Projected to Last Beyond 2027
Revenue and profit for the chip maker soared on robust memory demand.
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New Drugs Are Replacing Chemo for Aggressive Breast Cancer
AstraZeneca and Gilead have won approval for treatments of an advanced form of the disease.
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OpenAI, Broadcom Develop Custom Chip for AI Inference
The chip, called Jalapeño, was built to improve efficiency and lower costs, advancing OpenAI's strategy to build out a full stack behind its models and products.
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Memory-Chip Giant SK Hynix Seeks to Raise $29 Billion in U.S. Listing
The deal would be one of the biggest share sales in history, comparable to Saudi Aramco's 2019 IPO.
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Anthropic Veterans' Startup Seeks to Help Scientists Develop Their Own AI
Mirendil raises $200 million from Andreessen Horowitz and Kleiner Perkins to make AI that can do the job of an AI engineer.
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Qualcomm to Acquire AI Software Firm Modular in $3.9 Billion Stock Deal
Qualcomm agreed to acquire the AI software company Modular for about $3.9 billion, in a bid to make artificial intelligence faster and cheaper for its customers.
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Hertz Dampens Guidance Amid Struggling Used-Car Market
Hertz Global said its adjusted earnings in the second quarter are shaping up to be on the low end of its expectations after used-car demand was worse than expected.
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Amazon's Zoox Redesigns Robotaxi for Large-Scale Production
Zoox plans to move the new robotaxi into large-scale production soon, expecting it will become available to riders later this year.
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Chemours to Pay $450 Million to Settle 'Forever Chemicals' Allegations
The settlement covers four Chemours facilities in West Virginia, North Carolina and New Jersey where the company allegedly used or produced per- and polyfluoroalkyl substances (PFAS).
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How a CFO Shakeup Turned Wendy's Into a Meme Stock
The rally came after a slew of posts on the WallStreetBets investing forum urge retail traders to buy the struggling fast-food chain.
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Prologis Rebuffed in $16.6 Billion Takeover Approach for U.K.'s Segro
The world's largest owner of industrial real estate said it sees a clear strategic rationale for a combination and urged Segro shareholders to encourage the board to engage.
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Agility, Maker of Humanlike Robots, to Go Public in $2.5 Billion SPAC Deal
Agility's humanoid robot, Digit, is used at manufacturing facilities and warehouses by companies such as Amazon.
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EG Group Files For U.S. Listing, Targeting $9 Billion Valuation
The U.K.-based gas-station operator could raise around $1 billion in the offering, according to two people familiar with the matter.
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Sixteen Airbus A380s to Undergo Inspection After Cracks Found on Airplane Wings
Aircraft operated by Emirates and Qantas require inspections, with immediate checks needed for five of the jets.
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Germany Scraps Plan for Biggest Military Ship Since World War II
As it rapidly rearms, Berlin is increasingly giving priority to speed of delivery over sophisticated specifications.
(END) Dow Jones Newswires
June 24, 2026 17:00 ET (21:00 GMT)
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