Author: Admin

President Luiz Inácio Lula da Silva sees Senator Jaques Wagner as a growing liability to his reelection campaign after a police investigation drew his longtime ally into Brazil’s biggest banking fraud probe, according to a person with knowledge of the matter.

Brian Cornell, Executive Chairman of the Target Corporation.Anjali Sundaram | CNBCTarget has promised investors that it’s pursuing an aggressive turnaround with a new CEO at the helm, but its longtime former top executive Brian Cornell still leads the retailer’s board of directors — and some major investors are signaling they’re hungry for change. Shareholder backing for Target’s former CEO and current Executive Chairman Cornell fell to its lowest level ever during the company’s annual general meeting this month.While Cornell, 67, was comfortably reelected to his position on Target’s board of directors, he saw the steepest drop in support since he…

The same bets that won millions in the promotional clips incurred losses for traders in reality. Recent findings by The Wall Street Journal (WSJ) have revealed shocking details about the promotional content of the prediction platform, Polymarket. As reported, the majority of the winning bets that drove the platform’s viral growth were staged on copycat versions of its website. According to a report from WSJ, Polymarket paid college-age creators to stage up to $1.9 million in fake bets. The investigation team assembled by WSJ reviewed at least 1,105 videos posted by these creators and found none of them to…

Jensen Huang, CEO of NVIDIA, speaks during a press conference after arriving at Gimpo International Airport in Seoul, South Korea, on June 5, 2026. Chris Jung | Nurphoto | Getty ImagesShares of Nvidia have been faltering recently — and Kalshi traders predict that what the company can charge for chips is also declining.While the artificial intelligence chipmaker is up about 12% in 2026, shares have been skidding in the past month, losing roughly 3%. In comparison, the VanEck Semiconductor ETF (SMH) is up 84% this year, and the fund has advanced 15% in the past month.Nvidia has sat on the…

Billboards in Times Square celebrate the SpaceX IPO debut at the Nasdaq on June 12th, 2026. Adam Jeffery | CNBC SpaceX stock fell 14% on Monday, continuing a selloff that has seen shares tumble in the past two full days of trading after an initial rally from its record-breaking initial public offering.Elon Musk’s space and artificial intelligence firm became one of the world’s most valuable companies after a blockbuster listing on June 12. Stock surged in SpaceX’s first two full days as a public company, with market cap surpassing Amazon and — briefly — Microsoft on Tuesday, before falling back…

Here’s the setup most investors are underrating right now. Over the next two weeks, the tape will trade on plumbing rather than fundamentals. We just cleared the largest options expiration in history. Quarter-end pension selling comes next, and then July 1 reopens the passive-money firehose into a market that already routes forty cents of every dollar into ten stocks. The whole market technical backdrop points higher into July. But Kevin Warsh’s first meeting as Fed chair just put a rate HIKE back on the table, and that quietly changes the math underneath every one of those flows. I want to…

One of the UK’s biggest defence contractors has blamed Brexit and Covid among a catalogue of problems to beset an important contract for the Royal Navy, which led its annual profits to plunge.Profits at Babcock International fell by almost a fifth in the year to the end of March, as the firm reported a £140m charge on its contract to build five Type 31 frigates for the Royal Navy.The company, which reported a 19% fall in underlying operating profits to £293.3m, said the contract it won in 2019 only had “certain escalation clauses” to protect it from cost increases related…

Chevrolet recently unveiled the next-generation 2027 Silverado 1500, which the automaker says is its most powerful Silverado ever. (Credit: Chevrolet) Chevrolet is giving its Silverado pickup a major update with new V8 engines, a redesigned exterior and more technology inside the cabin. The automaker on Tuesday introduced the next-generation 2027 Chevrolet Silverado 1500, calling it the “most powerful Silverado ever” and marking one of the pickup’s biggest updates in years. The truck is expected to go on sale at the end of the year, with pricing to be announced later, according to the company. “Silverado has earned truck customers’ trust over…

U.S. Vice President JD Vance arrived in Switzerland on Sunday for the next phase in negotiations with Iran, a day after Tehran declared the Strait of Hormuz closed again.”The U.S. delegation, led by U.S. Vice President JD Vance, the Iranian delegation, led by the Speaker of the Iranian Parliament, Mohammad Bagher Ghalibaf, and the mediators, Pakistan and Qatar, have arrived at the Bürgenstock,” Switzerland’s Federal Department of Foreign Affairs said in a statement.”Talks between the parties are set to begin during the course of the morning,” the ministry added.An interim agreement between the U.S. and Iran was signed last week, and…

Bitcoin (BTC) returned to $64,000 on Sunday amid concerns over unreliable BTC price strength.Key points:Bitcoin brushes off US-Iran tensions despite the Strait of Hormuz being closed.A trader calls BTC price behavior “suspicious” as a result, while targets see maximum upside reaching $66,000.Binance sell-side pressure remains substantial.BTC price ignores new Hormuz closure, Iran strike threatsData from TradingView showed BTC/USD hitting local highs of $64,522 on Bitstamp before reversing to trade 0.5% lower on the day.BTC/USD one-hour chart. Source: Cointelegraph/TradingViewThe pair maintained most of its gains despite fresh instability in the US-Iran war, with Tehran once again closing the Strait of Hormuz…