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Retirees Accept Free Steak Dinners From Financial Advisers But Wonder If It Crosses An Ethical Line

Anthony SinclairJuly 6, 202603 mins

The practice of financial advisers hosting free meals to attract potential clients has become increasingly common, drawing scrutiny from retirees and consumer advocates alike. Older Americans with retirement savings often find themselves targeted by financial advisers offering complimentary dinners at upscale steakhouses in exchange for attending investment seminars. The pitch is straightforward: enjoy a free…

Brad Pitt And Angelina Jolie’s Château Miraval Legal Battle Shows No Signs Of Ending

Thomas ShelterJuly 6, 202604 mins

The bitter legal dispute between Brad Pitt and Angelina Jolie over their French winery, Château Miraval, continues to drag through the courts with no resolution in sight. The former couple has been locked in litigation since 2022 over the $164 million wine business they once co-owned in the south of France. Pitt and Jolie married…

Comcast (CMCSA) Moves To Acquire British Broadcaster ITV Just One Week After NBCUniversal Spin-Off Announcement

Anthony SinclairJuly 6, 202604 mins

Comcast has announced plans to acquire ITV’s Media and Entertainment business through its UK pay-TV subsidiary Sky, valued at up to £1.6 billion, or roughly $2.14 billion. The deal comes just one week after Comcast revealed its plan to spin off NBCUniversal into a separate publicly traded company, and sources say the timing of both…

AST SpaceMobile (ASTS) Climbs After Vodafone Ireland Proves Satellite Tech Can Power Emergency Services

Thomas ShelterJuly 5, 202605 mins

Shares of AST SpaceMobile (ASTS) gained 1% in overnight trading Sunday following a landmark satellite emergency communications test conducted by Vodafone Ireland in Europe. Vodafone Ireland partnered with the Office of the Government Chief Information Officer to demonstrate how integrated terrestrial and low-Earth-orbit direct-to-device satellite broadband could sustain communications during storms, power outages, and coverage…

OPEC+ Pushes Output Higher Again As Crude Prices Continue To Slide

Anthony SinclairJuly 5, 202603 mins

OPEC+ has agreed to raise production targets for August, adding further supply to a global oil market already struggling under falling crude prices. The group approved an increase of 188,000 barrels per day for August during an online meeting, following similar increases already implemented for June and July. Seven core members of the alliance have…

Wall Street Eyes JOBY, ACHR, RKLB, LUNR, ASTS, And FCEL As Rotation Away From AI Software Builds

Thomas ShelterJuly 5, 202605 mins

Investors are increasingly looking beyond crowded artificial intelligence software trades as first-half momentum shows signs of fading heading into the second half of 2026. Over the past six months, the dominant market narrative has heavily favored massive AI and compute infrastructure rallies, concentrating capital in a narrow set of mega-cap technology names. By July, those…

AST SpaceMobile (ASTS) Stock Surges On Satellite Milestones And Japan Expansion

Anthony SinclairJuly 5, 202603 mins

AST SpaceMobile (ASTS) shares rocketed higher this week, outpacing broader market gains by a wide margin as investors cheered a series of positive operational developments. The stock jumped 17.7% as of 2:30 p.m. ET on Monday, June 29, while the S&P 500 and Nasdaq Composite gained just 1.6% and 1.9%, respectively. AST SpaceMobile delivers broadband…

AST SpaceMobile (ASTS) Tops Breakout AI Stock Rankings As Defense Revenue Emerges As Hidden Growth Catalyst

Thomas ShelterJuly 5, 202604 mins

AST SpaceMobile (NASDAQ: ASTS) has claimed the top spot on a widely watched list of nine potential breakout AI stocks with similarities to SanDisk’s historic run. The stock, which carries 39 hedge fund investors, is drawing growing attention from both retail traders and institutional players looking for the next major breakout opportunity. Investors on Reddit…

AST SpaceMobile (ASTS) Drops 21.6% In June As SpaceX Competition And Launch Delays Rattle Investors

Anthony SinclairJuly 5, 202603 mins

AST SpaceMobile (ASTS) shares tumbled 21.6% in June, according to data from S&P Global Market Intelligence, marking a sharp reversal for the once high-flying satellite internet company. The decline stems from two major developments that have shaken investor confidence in the company’s ability to maintain its early lead in direct-to-device satellite internet. AST SpaceMobile delayed…

Rocket Lab (RKLB) Surges 2,138% In Two Years Before Dropping $8 Billion On Iridium (IRDM) In SpaceX (SPCX) Challenge

Thomas ShelterJuly 5, 202605 mins

Rocket Lab (NASDAQ: RKLB) shareholders who bought shares two years ago are sitting on one of the most dramatic re-ratings the market has seen in recent memory. The stock traded at $4.54 on July 1, 2024, and closed at $101.65 on June 30, 2026, representing a staggering 2,138% two-year run that has drawn intense retail…