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Chipmakers head for big profit gains, but will it be enough?
Chipmakers are in focus on Wall Street, with their shares turning mercurial this month and investors banking on a few dozen newly valuable companies to deliver nearly half of S&P 500 profit growth for the second quarter. The PHLX Semiconductor index has surged this year, reflecting massive gains at firms such as Micron Technology, Advanced Micro and Broadcom, but lately the 30-stock index has become a volatility show. The index is up 65% for the year, compared with a 9%

The San Juan Daily Star
Jul 212 min read


Retailers remove more Taylor Farms lettuce after recall in 27 states
Iceberg lettuce is harvested at a farm near Yuma, Ariz., on March 6, 2012. A recent outbreak of cyclosporiasis has been linked to iceberg lettuce that Taylor Farms supplied to Taco Bell. (Nicole Bengiveno/The New York Times) By CHRISTINA JEWETT and JULIE CRESWELL Grocers and retailers rushed to pull products containing iceberg lettuce off shelves on Saturday, as Taylor Farms issued a recall, notifying customers that lettuce shipped to 27 states may have been contaminated. The

The San Juan Daily Star
Jul 204 min read


Alphabet, Intel results in focus for AI trade as US earnings rev up
U.S. corporate earnings season gathers steam in the coming week as Alphabet (GOOGL.O), and Intel (INTC.O), are set to offer updates that could sway the market-leading AI trade amid high profit expectations and uncertainty over the Iran war. The S&P 500 (.SPX), skidded on Friday to post a weekly decline, dragged down by a steep pullback in high-flying semiconductor shares. Still, the benchmark S&P 500 remained up about 9% in 2026, and stood 2% below its early June record hig

The San Juan Daily Star
Jul 203 min read


Brookfield-backed Csquare valued at $3.2 billion in NYSE debut
Brookfield-backed data center provider Csquare’s shares opened marginally lower before closing 1.57% lower in their New York Stock Exchange debut on Thursday, after the initial public offering was priced below its marketed range. Shares opened at $20.9 after the Dallas-based company priced its IPO at $21 per share, below its marketed range of $23 to $27. It closed at $20.67, valuing the firm at $3.2 billion. The debut underscores investors’ caution toward new listings

The San Juan Daily Star
Jul 172 min read


Wall Street’s investment banking machine firing on all cylinders
A broad revival in investment banking is taking hold on Wall Street, fueled by a surge in IPOs, mergers and debt issuance. The biggest U.S. banks said this week that deal activity is strengthening across their investment banking businesses, suggesting the broad-based recovery that has eluded the industry for years is gaining momentum. Investment banking fees at the six largest U.S. banks surged 45% on average in the second quarter from a year earlier, with Morgan Stanle

The San Juan Daily Star
Jul 162 min read


States sue to block Paramount’s deal for Warner Bros.
Warner Bros. Studios in Burbank, Calif., on Feb. 27, 2026. Paramount’s acquisition of Warner Bros. was scheduled to be completed in the third quarter this year. (Mark Abramson/The New York Times) By BENJAMIN MULLIN, DAVID McCABE and LAUREN HIRSCH A coalition of 12 Democratic states including California, New York and Washington filed a lawsuit earlier this week to block Paramount’s $111 billion acquisition of Warner Bros. Discovery, the most serious legal challenge to date for

The San Juan Daily Star
Jul 154 min read


S&P 500 and Nasdaq end higher on cool inflation data, solid bank earnings
The S&P 500 and the Nasdaq advanced on Tuesday as solid big bank results and a cooler-than-expected inflation report boosted risk appetite amid rising Middle East tensions. A rebound in chip shares put the Nasdaq out front, while the Dow’s gains were more subdued. The Labor Department’s Consumer Price Index showed inflation cooled more than analysts expected in June, largely due to abating energy price pressures amid last month’s signs of progress in U.S.-Iran peace neg

The San Juan Daily Star
Jul 152 min read


AI has rewarded investors. It may now pose their greatest risk.
Near the midpoint of the year, stocks and bonds both report good returns. But the global stock market has become highly concentrated, our columnist says. (Peter and Maria Hoey/The New York Times) By JEFF SOMMER Caterpillar is known for its yellow construction machinery, not for artificial intelligence. But it also makes power-generation turbines, and as AI data centers consume increasingly large amounts of electricity for their operations, Caterpillar’s stock has soared. Like

The San Juan Daily Star
Jul 146 min read


Wall Street retreats as renewed Middle East strife hits sentiment; chipmakers drop
Tech shares weighed on U.S. stocks on Monday after President Donald Trump announced that he would reinstate a blockade on Iranian ports in the latest escalation of U.S.-Iran hostilities that sent oil prices jumping and dampened risk appetite. Investors stared down what promised to be an eventful week packed with earnings, economic data and congressional testimony from U.S. Federal Reserve Chair Kevin Warsh. Among the three major U.S. stock indexes, the tech-laden Nasdaq

The San Juan Daily Star
Jul 143 min read


US employers told to dismiss thousands of immigrant workers
A Haitian family seeks help obtaining passports and documents at the St. Vincent de Paul center in Springfield, Ohio, Jan. 15, 2026. The work permits of Haitians with Temporary Protected Status will expire July 24 as the Department of Homeland Security has told employers that they must let go in coming weeks the hundreds of thousands of foreign workers who have been allowed to live in the United States through the humanitarian program, which the Trump administration has sough

The San Juan Daily Star
Jul 133 min read
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