Legislation aims to ban businesses from adjusting prices in real-time based on personal data and behavioral tracking. New York lawmakers approved a bill prohibiting businesses from using consumer data to set personalized prices via algorithms. The One Fair Price Act would
A US court has approved Saks Global's reorganisation plan, bringing the luxury retailer closer to exiting Chapter 11 bankruptcy within weeks. The US Bankruptcy Court for the Southern District of Texas signed off on the plan of reorganisation after the “overwhelming majorit
Net sales of 2.72 trillion yen mark the largest foreign equity withdrawal by Japanese investors since April 2021. Japanese investors sold a net 2.72 trillion yen ($16.98 billion) in foreign stocks in May, the largest monthly exit in nearly five years. The selloff followed
Elon Musk’s SpaceX has entered into a multi-year cloud services agreement with Google, valued at $920m per month starting from October 2026. SpaceX, which is preparing for a stock market listing, has outlined the terms of the arrangement in a regulatory filing As pa
SpaceX, the rocket and satellite company founded by Elon Musk, will hold its initial public offering (IPO) on Friday, June 12. The stock will be listed on the Nasdaq Exchange under the ticker symbol SPCX SpaceX has officially priced its IPO at $135 per share. With a
SMCX dropped to $23.22 after Broadcom and SMCI earnings misses triggered a sector-wide selloff in AI-related stocks. The Defiance Daily Target 2X Long SMCI ETF (SMCX) fell 22% on June 5, 2026, closing at $23.22 after opening near $29.95. The decline mirrored a 11% drop in
Brent crude tops $97 and WTI exceeds $94 after fresh Middle East hostilities, unsettling equity markets ahead of key inflation data. US stock index futures traded mixed early Monday as oil prices jumped following renewed Iran-Israel strikes. Dow futures fell 0.3%, while S&
Docusign shares fell to $48 from a $310 high as pandemic-driven demand waned, but its new AI-powered contract tool sparks optimism. DocuSign (NASDAQ: DOCU) stock has plunged 84% from its 2021 peak of $310 to $48, as demand for its e-signature platform cooled post-pandemic.
French retailer Printemps appoints Rémy Baume as CEO to bolster luxury and e-commerce amid a competitive retail landscape. French department store group Printemps has named Rémy Baume as its new CEO, filling a nine-month vacancy. Baume, former head of Zadig & Voltaire, bri
Investors seeking to avoid high-valuation IPOs like SpaceX and Anthropic may consider the Vanguard Value ETF, which excludes growth stocks. SpaceX plans to raise $75 billion in an IPO valuing the company at nearly $1.77 trillion, set to be the largest in history. Anthropic
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