ZenaTech (Nasdaq: ZENA) said it has signed multiple offers to acquire land surveying and geospatial services companies across the U.S., Canada and Australia. If the transactions close, the company expects the targets to contribute about C$40 million in revenue over the 12 months following closing. The planned deals are part of ZenaTech’s Drone as a Service roll-up strategy aimed at digitizing legacy, manual services and shifting them to a subscription-style model. The company said the transactions remain subject to due diligence, definitive agreements and customary closing conditions, with no assurance any deal will be completed.

Oracle (ORCL) reported fiscal 2026 fourth-quarter revenue of $19.2 billion for the period ended May 31, up about 21% year over year and ahead of Wall Street estimates, and it raised its profit outlook. Despite the results, the stock is down about 28% year to date, has fallen for nine straight sessions and notched its worst week in 25 years. Retail investors have been net buyers over the past month, with stronger inflow intensity than Nvidia and Meta, based on TipRanks’ Crowd Wisdom data, while analysts maintain a Strong Buy consensus with an average target of $263.86 implying roughly 88% upside.

Rivian reported second-quarter deliveries that beat expectations and raised its full-year delivery target to 65,000–70,000 vehicles, up 3,000 from its prior guidance. The company cited strong demand for its electric delivery vans (EDVs) and R1 models, and said it began deliveries of the R2 SUV in Q2. The update sent RIVN shares up 8.4% in a single session, while Tesla fell 7.5% in separate trading.

GameStop (GME) said it will continue pursuing its $56 billion cash-and-stock takeover proposal for eBay (EBAY) despite eBay rejecting the offer. The company said it plans to release additional materials detailing the integration approach and raised its fiscal 2026 adjusted EBITDA outlook to more than $600 million, up from $345.4 million in fiscal 2025. The update helped lift GME shares 3.57% to $21.76.

SpaceX (SPCX) is set to be added to the Nasdaq 100 on July 7, just three weeks after it listed on June 12. Nasdaq confirmed the change, which is expected to trigger about $4.3 billion of passive inflows. Major index-tracking funds such as Invesco QQQ Trust (QQQ) and Invesco Nasdaq 100 ETF (QQQM) will need to rebalance to reflect the update. Despite a $4.9 billion net loss last year and no near-term inclusion in the S&P 500, the addition is viewed as a clear, quantifiable short-term trading catalyst.

The U.S. National Highway Traffic Safety Administration (NHTSA) has closed an engineering analysis into reported power-steering assist failures affecting about 376,241 2023-model-year Tesla Model 3 and Model Y vehicles. The review, opened in July 2023, was ended after Tesla launched a same-size U.S. recall in early 2025 and issued an over-the-air software update. With a key regulatory question removed, TSLA shares rose 1.22% on Friday to close at $379.71.

Oracle (ORCL) shares fell 19% over the week, marking their worst weekly performance in 25 years and leaving the stock down about 55% from its September peak. By the end of May, the company had about $130 billion in debt, while fiscal-year capital expenditures surged 162% to nearly $56 billion and free cash flow was almost $24 billion in the red. Oracle plans to raise another $40 billion in Fiscal 2027, after previously issuing $43 billion of debt and $5 billion of equity, fueling investor concern over the financial sustainability of its AI expansion.

On June 22, U.S. stocks opened lower, with the Nasdaq and S&P 500 sliding as expectations for Fed rate hikes intensified. CME FedWatch data show the probability of two rate hikes this year rose to 36.5%, while the odds of three hikes reached 16.8%, both sharply higher than a week earlier. Tech shares led declines, with Alphabet and Amazon down more than 4%, and Microsoft and Meta Platforms down more than 2%.

Investor Paul Franke argues Microsoft’s 23x P/E is well above comparable SaaS peers such as Adobe at 11x, despite similar growth prospects. He also says heavy AI-related capital spending is pressuring free cash flow, leaving a 2.6% FCF yield that he views as unattractive versus 4% CPI and U.S. Treasury yields, according to the article. Franke rates the stock Sell and expects shares could drop into the $300 range. Wall Street maintains a Strong Buy consensus with an average 12-month price target of $557.64.