Bank of America analyst Vivek Arya bypassed Neutral and double-upgraded Intel to Buy on June 11, lifting his price target from $96 to $135—a call that projects more than $6 in earnings per share by 2030 on the back of a recovering CPU business and a growing foundry operation.

Antitrust regulators approved the Paramount Skydance–Warner Bros. Discovery merger with no conditions, clearing the biggest federal hurdle for a media giant that would own CBS, CNN and HBO Max.

May's Consumer Price Index rose 4.2% from a year earlier, the most since 2023. A gasoline surge drove it, and the squeeze lands first on fixed incomes.

A clean quarter and a higher full-year forecast were no match for the news that finance chief Dan Durn is leaving for chipmaker Marvell, the second top-level exit at Adobe in three months.

Shares of Elon Musk's rocket company jumped about 25% in their first Nasdaq session, capping the largest public offering ever priced and setting up a fast track into the index funds that hold ordinary retirement savings.