The Tex-Mex chain shut 33 company-operated locations after restructuring and bankruptcy, shifting focus to franchise sites. On The Border Mexican Grill & Cantina closed all 33 of its company-owned US restaurants on 12 June 2026. The decision follows a prolonged restructuri
Shares of Roku jumped after reports indicated the company is in discussions with at least one media firm for a possible sale. Roku (NASDAQ: ROKU) shares climbed 20% following reports that the streaming platform is exploring a potential sale. The company is reportedly in ta
DRAM prices have risen sixfold in a year due to AI demand, adding 0.10 percentage points to CPI, per Binance Research. A sharp rise in memory chip prices, driven by AI data center demand, could sustain inflationary pressures despite easing energy costs. DRAM prices have su
Rising 30-year Treasury yields and persistent core inflation pressure Fed rate hike expectations for 2026. The 30-year Treasury yield climbed to a 19-year high last month, signaling potential stock market volatility. The move reflects growing investor bets on Federal Reser
XAG/USD climbs to $70.69 per ounce, trimming year-to-date losses amid a lower gold-silver ratio. Silver prices rose 3.91% to $70.69 per troy ounce on Monday, recovering from Friday’s close of $68.03. The move trims a year-to-date decline of 0.55% for the metal. The
Rising energy imports drove the euro area into a trade deficit for the first time since March, reversing a €4.9 billion surplus. The euro area posted a €1.0 billion trade deficit in April, down from a €4.9 billion surplus in March, as energy imports surged. Exports rose 5.
Nvidia (NASDAQ: NVDA) has proven itself to be an excellent investment in recent years -- it's soared 1,000% over the past five. The artificial intelligence (AI) chip giant has been among the first companies to monetize its AI investments in a big way This is because
Warren Buffett's Successor, Greg Abel, Is Betting Big on a Virtual Monopoly That's About to Become Berkshire Hathaway's 4th-Largest Holding This year marks a new era for the trillion-dollar company that billionaire Warren Buffett built. The Oracle of Omaha retired as Berks
Investors seek additional details on the $15 per share deal, delaying the largest US utility sector acquisition this year. Shareholders of AES have filed two complaints to halt the company’s $33.4bn sale to a consortium led by BlackRock’s Global Infrastructure Partners and
French AI startup Mistral AI seeks new funding at a valuation nearly double its September round, targeting €3bn from investors. Mistral AI is negotiating a €3bn ($3.5bn) funding round at a potential €20bn ($23.2bn) valuation, sources said. Discussions remain preliminary, w
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