EIA data shows a third straight weekly crude inventory decline, exceeding forecasts and marking the largest three-week draw on record. US crude oil inventories fell by 8263K barrels last week, surpassing the expected 4566K draw, according to government data. The decline ex
The tax targets excess profits from March to December 2026, expected to generate 4 billion zloty for the government. Poland’s government approved a 60% windfall tax on fuel companies’ excess profits earned during the U.S.-Iran-Israel conflict. The measure aims to recoup co
The state’s public pension system improved funding by reopening a defined benefit plan and transferring members from a defined contribution plan. West Virginia’s public pension system saw its funded status surge from roughly 9% to about 90% after reopening a defined benefi
SpaceX’s valuation reached $2.66 trillion, surpassing Amazon’s, driven by a 50% post-IPO rally and investor confidence in long-term growth. SpaceX’s market capitalization closed at $2.66 trillion Tuesday, overtaking Amazon’s valuation after a 50% surge since its Nasdaq deb
Activist investor Dan Loeb's fund acquires 110,000 shares of semiconductor equipment firm KLA amid AI-driven chip manufacturing growth. Third Point, the hedge fund managed by activist investor Dan Loeb, disclosed a new $16.20 million stake in KLA Corp., purchasing 110,000
FIX shares rose 5.87% in one month as backlog acceleration and AI-driven demand fueled strong quarterly results. Comfort Systems USA (NYSE:FIX) closed at $1,913.94 on June 16, 2026, reflecting a 5.87% one-month gain and a 289.41% rise over the past year. The company’s mark
The iShares Russell 2000 ETF surpasses Invesco QQQ this year, driven by a small-cap rally amid tech dominance. The iShares Russell 2000 Small-Cap ETF (IWM) has returned 18.22% year to date, outpacing the Invesco QQQ ETF (QQQ), which delivered 17.57%. The small-cap fund als
Australian-listed Bass Oil secures 100% interest in a shut-in gas field with 1.1 billion cubic feet of prior production. Bass Oil has finalized the acquisition of the Vanessa gas field in South Australia’s Cooper Basin, gaining full control of PPL 268 and PRL 135. The deal
SpaceX shares jumped nearly 20% in early trading, propelling the company to fifth-largest by market value after its $150 IPO debut. SpaceX stock (SPCX) opened at $150 and climbed to $192.50 within days, marking a near-20% gain in its second trading session. The surge pushe
BSX stock fell after guidance for 2026 missed estimates due to slower growth in its electrophysiology segment. Boston Scientific Corporation (NYSE:BSX) closed at $46.92 on June 16, 2026, after its 2026 outlook disappointed investors. The company reported solid Q1 2026 resu
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