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Hormuz Energy Shock Lifts Producer Inflation To 6.5%, Highest Since December 2022 (UPDATED)

by Piero Cingari | Jun 11, 2026 | General

Editor’s note: This article was updated to add more details and context. Producer prices accelerated further in May as the Strait of Hormuz energy shock continued to feed through the pricing pipeline, raising fresh concerns over the Federal Reserve’s inflation outlook...

Nokia Introduces Trust-Based AI For Network Management

by Lekha Gupta | Jun 11, 2026 | General

Nokia Corporation (NYSE:NOK) shares are up during Thursday’s premarket session as a risk-on tone lifts major index ETFs. The company reported a new “agentic AI” framework aimed at automating and securing IP-network operations. New AI Framework for IP...

JD Vance Reveals US And Israel Don’t Always See Eye To Eye, Says Benjamin Netanyahu Has ‘Certainly Gotten Some Things Wrong’

by Namrata Sen | Jun 11, 2026 | General

Vice President JD Vance said the U.S. and Israel do not always share aligned interests, underscoring reported strains between President Donald Trump and Israeli Prime Minister Benjamin Netanyahu. In a snippet released on Wednesday for a “CBS Sunday Morning” interview,...

AST SpaceMobile Stock Climbs Ahead of SpaceX IPO As BlueBird Launch Date Confirmed for June 17

by Dylan Berman | Jun 11, 2026 | General

AST SpaceMobile, Inc. (NASDAQ:ASTS) shares are in focus Thursday as the company rides a double tailwind — the SpaceX IPO set to begin trading Friday lifting the entire space sector, and a confirmed satellite launch date next week adding fresh company-specific...

Top Wall Street Forecasters Revamp Lennar Expectations Ahead Of Q2 Earnings

by Avi Kapoor | Jun 11, 2026 | General

Lennar Corporation (NYSE:LEN) will release earnings for its second quarter after the closing bell on Thursday, June 11. Analysts expect the home construction company to report quarterly earnings of $1.25 per share. That’s down from $1.90 per share in the...

Novartis’ $12 Billion Bet Pays Off With Encouraging Data From Rare Neuromuscular Disease Study

by Vandana Singh | Jun 11, 2026 | General

Novartis AG (NYSE:NVS) said Thursday that the biomarker cohort of its Phase 1/2 FORTITUDE study evaluating investigational therapy del-brax met both its primary and key secondary endpoints in patients with facioscapulohumeral muscular dystrophy (FSHD), a rare...
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