Author: Money Mechanics

Jack Wallen/ZDNETFollow ZDNET: Add us as a preferred source on Google.ZDNET’s key takeawaysKDE Plasma 6.7 has been released.There are big features, even though this is a point release.You can wait until it reaches your distro’s repositories or try KDE Neon.KDE Plasma 6.7 has finally arrived, and the development team decided to add a few extra features and polish into the mix, some of which you might find rather interesting.The thing about KDE Plasma is that it’s already one of the finest desktop environments on the market. It’s gorgeous, stable, highly user-friendly, but also flexible, and it performs more like a lightweight desktop…

The public debut of SpaceX (SPCX) was a landmark event in capital markets history.Following the formal execution of the underwriters’ overallotment option, the final capital raised reached a record-breaking $85.7 billion, far outstripping the previous global record. The first day’s trading session pinned SpaceX’s market capitalization at $2.1 trillion, ranking it among the largest corporate entities globally.Seamless Execution Under Unprecedented VolumeThe market debut demonstrated the structural depth of the exchange infrastructure, processing unprecedented share volume without operational interruptions. The stock opened before 12:00 p.m. ET at $150 per share on an initial cross of 58 million shares. Institutional and retail…

Article published at 8:55 a.m. CTJJ Kinahan is Senior Vice President, Head of Retail Expansion and Alternative Investment Products at Cboe Global Markets, Inc. (Cboe).Key Takeaways:It’s a ho-hum start to trading as indices lay lowFed meeting starts, with FOMC direction and rate decision on tapSpaceX shares are ascending — again After a heavy volume day of trading to kick off the week, today’s early markets look like they’re in for a rest. The three major indices were either hugging the flatline or making moderate moves to the upside in the early going.That’s in stark contrast to Monday’s remarkable moves, which…

Congress appears poised to give a final nod to a comprehensive housing reform package after months of stalled progress, setting the stage for President Donald Trump to sign it.The Senate voted 87-8 Tuesday night to consider the House’s amended version of the 21st Century Road to Housing Act. The two chambers have agreed on the language of the dozens of housing provisions in the bill after months of negotiations. The House and Senate will likely hold a final vote in the coming days.The 45 provisions in the final version of the bill includes priorities of both chambers and both parties,…

Blue chip stocks emerged as the clear winners Tuesday, with strong gains in several high-priced names sending the Dow Jones Industrial Average to a new record high. But weakness in the tech sector kept pressure on the S&P 500 and Nasdaq Composite.After trading above 52,000 in intraday trading, the Dow closed up 0.6% at 51,999, its highest settlement ever. JPMorgan Chase (JPM, +3.7%) and Visa (V, +2.9%) were the best Dow Jones stocks today. With JPM trading at $331 per share and V at $333 per share, these two have an outsized influence on the price-weighted Dow.Today marks the Dow’s…

With a market cap of $63.1 billion, Teradyne, Inc. (TER) is a global technology company that designs, develops, manufactures, and sells automated test systems and robotics products across the Americas, Asia Pacific, Europe, the Middle East, and Africa. It operates through Semiconductor Test, Robotics, and Other segments, serving industries such as automotive, industrial, communications, consumer electronics, cloud computing, and logistics. Companies worth more than $10 billion are generally described as “large-cap” stocks, and Teradyne fits this criterion perfectly. It is known for its advanced semiconductor testing platforms, collaborative robotic arms, autonomous mobile robots, and specialized electronic test instruments. More News from…

The Nasdaq got off to a flying start on Monday following the US-Iran agreement However, valuations remain very stretched in the tech sector, and investors should be selective What are the best US tech stocks that aren’t yet overvalued? The jumped 3.07% on Monday, June 15, closing at 26,683.94, after the United States and Iran reached a memorandum of understanding aimed at ending their conflict and reopening the Strait of Hormuz. The agreement, which is expected to be formally signed in Geneva on Friday, sent prices down nearly 5% to their lowest levels since March. Lower energy costs and improving…

Christine Lagarde, president of the European Central Bank (ECB), during a rates decision news conference in Frankfurt, Germany, on Thursday, June 11, 2026. Alex Kraus | Bloomberg | Getty ImagesThe European Central Bank announced a quarter-point rate hike on Thursday, bringing its key interest rate to 2.25% as the Iran war continues to blow inflation off target.Markets had been pricing in a near-100% chance of the ECB raising rates by at least 25 basis points ahead of its June Governing Council meeting, according to LSEG data. The ECB’s Governing Council said the decision had been made in a bid to ward…

SpaceX briefly passed Amazon to become the fifth-most valuable company in the world, and nearly eclipsed Microsoft, before the company’s shares pared back those gains before the market closed Tuesday. The newly-public company’s stock had already climbed 20% on Monday — its first full day of trading. Tuesday’s news that SpaceX was acquiring AI coding company Cursor, along with the start of options trading on SpaceX’s shares, sent the share price even higher, spiking its valuation to $2.9 trillion before it ultimately settled back down. This is all despite the fact that SpaceX posted a $4.9 billion loss on $18.7…

(Oil & Gas 360) By Greg Barnett, MBA – For most of the modern petroleum era, the global oil market operated around a relatively straightforward belief system. If prices rose high enough, new supply would arrive. If prices collapsed low enough, drilling activity would slow, demand would recover, and the market would rebalance. Generations of executives, investors, traders, and researchers built careers around that cyclical understanding of oil. And for decades, that framework largely worked. Matt Simmons believed something deeper was occurring beneath the surface. In Twilight in the Desert, Simmons did not simply argue that the world was “running…