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Corning's US-listed shares plunged more than 15% in pre-market trading, as the company forecasts its core sales for the third quarter will fall short of market expectations.

1 hours ago

According to market data from BIT (bit.com), Corning’s US-listed stock plunged more than 15% in pre-market trading. The company forecasts core sales of $4.9 billion to $5 billion for the third quarter, while market expectations had stood at $5 billion.

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Trump: Now is a good time for Iran to reach an agreement, and Iran needs to officially declare that it does not possess nuclear weapons.

US President Trump said now is a good time for Iran to reach an agreement, adding that he hopes to avoid attacking Iran's bridges and power plants, and that Iran needs to formally declare it does not possess nuclear weapons.

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Trump: If a deal with Iran cannot be reached, he will very easily destroy the Strait of Hormuz.

US President Trump stated, "If a deal cannot be reached with Iran, it will be very easy to destroy Mount Gao. Iran does not control the Strait of Hormuz—we control it. Only vessels we authorize are permitted to transit the strait."

1 seconds ago

Bank of America: A Federal Reserve rate hike in July would be unprecedented.

Although markets assign a low probability to the Federal Reserve raising interest rates in July, Bank of America still expects the Fed to hold rates steady. The bank noted that a July rate hike would be unprecedented: since 1994, the Fed has never raised rates when the market’s implied probability of a hike was below 60%. Bank of America views higher oil prices as a key inflation risk and remains bullish on the U.S. dollar.

1 seconds ago

Apple has launched the "Apple Upgrade" program, offering a new product rental service.

Apple (AAPL.O) announced the launch of its "Apple Upgrade" program in the U.S., a new product leasing service for iPhone, Apple Watch, Mac, and iPad. The program offers 12-month and 24-month leasing options for iPhone and Apple Watch, while Mac and iPad are available with 24-month and 36-month terms. Monthly rental rates start at $17.99 for iPhone, $11.99 for Apple Watch, $24.99 for Mac, and $11.99 for iPad.

1 seconds ago

US SEC Chair: Optimistic That Congress Will Support the Passage of the CLARITY Act

U.S. Securities and Exchange Commission (SEC) Chairman Paul Atkins expressed optimism in an interview with CNBC that the U.S. Congress will support the passage of the CLARITY Act.

1 seconds ago

Kraken will allow its users to subscribe to the IPO of sandwich chain brand Jersey Mike's via its xStocks platform.

According to official announcements, xStocks – the tokenized stock platform under Kraken’s parent company Payward – stated that following SpaceX and Bending Spoons, the third IPO offering on xStocks will be U.S. sandwich chain Jersey Mike’s. The brand currently operates over 3,300 locations, with annual sales reaching $4.3 billion. Its U.S. sales outpace Five Guys, and it is poised to become one of the largest restaurant industry IPOs in recent years. Users can submit subscription applications via Kraken.

1 seconds ago

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