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Olin-Huntsman Merger Targets $300M in Annual Cost Savings

UBS highlights vertical integration and cost synergies as primary drivers for the combined entity, projecting $8-$11 per share value. Olin Corp. (OLN) and Huntsman Corp. (HUN) announced a merger focused on cost savings and vertical integration, according to a UBS research

  • mohammad501ps@gmail.com
  • June 17, 2026
  • crypto

Florida Man Admits Guilt in $1.8 Billion HyperFund Crypto Fraud Scheme

Rodney Burton pleaded guilty to conspiring in a $1.8 billion cryptocurrency fraud, personally profiting $7.8 million from the scheme. A Florida man known as 'Bitcoin Rodney' pleaded guilty to conspiring to operate an unlicensed money-transmitting business linked to a $1.8

  • mohammad501ps@gmail.com
  • June 17, 2026
  • stocks

AMD Sees Server CPU Market Doubling to $120 Billion by 2030 on AI Demand

AMD revises server CPU market growth forecast to over 35% annually, citing structural AI-driven compute demand. Advanced Micro Devices now expects the server CPU market to grow at over 35% annually, reaching $120 billion by 2030. The revision follows a prior forecast of 18

  • mohammad501ps@gmail.com
  • June 17, 2026
  • stocks

OneMain Posts $6.2 Billion Revenue, 9.1% Growth in FY 2025

The nonprime lender reported $783 million net income and a 12.5% net margin amid steady earnings recovery. OneMain reported nearly $6.2 billion in revenue for fiscal year 2025, a 9.1% increase over the prior year. The company, which serves nonprime borrowers through 1,300

  • mohammad501ps@gmail.com
  • June 17, 2026
  • stocks

SpaceX IPO Raises $85.7 Billion, Lifts Nasdaq Listing Appeal

SpaceX’s record $85.7 billion IPO on Nasdaq highlights the exchange’s tech dominance and potential revenue growth from future listings. SpaceX completed its initial public offering on the Nasdaq exchange, raising $75 billion, or $85.7 billion including overallotments. The

  • mohammad501ps@gmail.com
  • June 17, 2026
  • politics

Totalenergies: Saudi Refinery Won’t Fully Recover Until 2027

A major Saudi Arabian refinery damaged during the Iran conflict will not return to full operations until early 2027, according to TotalEnergies CEO Patrick Pouyanné, raising fresh concerns about the pace of recovery in global fuel markets even as a U.S.-Iran peace agreement...</p

  • mohammad501ps@gmail.com
  • June 17, 2026
  • stocks

LGBTQ Spending Shift Hits Target, Walmart, Amazon Amid DEI Pullback

Survey data shows 72% of LGBTQ consumers reduced purchases from brands perceived to roll back diversity initiatives, totaling $1.7 trillion in spending power. Nearly 72% of LGBTQ consumers reported cutting spending at brands they view as reducing diversity, equity, and inc

  • mohammad501ps@gmail.com
  • June 17, 2026
  • stocks

Broadcom Shares Drop 10% After Earnings Despite AI Revenue Surge

Broadcom's stock fell as margin compression overshadowed 143% AI revenue growth and $30 billion in AI bookings. Broadcom Inc. (NASDAQ:AVGO) shares declined nearly 10% over the past month despite reporting a 143% year-over-year increase in AI revenue and AI bookings exceedi

  • mohammad501ps@gmail.com
  • June 17, 2026
  • crypto

MSTR Stock Faces Pressure From Looming Share Sales Amid Bitcoin Weakness

MicroStrategy's impaired buying power and upcoming share issuance may limit its ability to support bitcoin prices near term. MicroStrategy (MSTR) confronts three imminent negative catalysts tied to additional share issuance, which could weigh on its stock. The company, the

  • mohammad501ps@gmail.com
  • June 17, 2026
  • forex

Electronic Arts Edges Higher after Buyer Group Files with European Merger Regulator

Electronic Arts (EA) ticked higher by 0.3% after a consortium led by Saudi Arabiaâs Public Investment Fund filed with Europe's merger regulator for its planned $55 billion purchase of the videogame maker. The buyer group filed with the European Commission

  • mohammad501ps@gmail.com
  • June 17, 2026
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