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Investing.com -- Tesla Inc (NASDAQ:TSLA) fell 3% Monday as the SpaceX initial public offering sparked concerns among Wall Street analysts about competition for investor capital and management attention.
A California jury, on Monday found OpenAI cofounders CEO Sam Altman and president Greg Brockman not liable of unjustly enriching themselves by turning the once nonprofit company into a for-profit business.
(Bloomberg) -- Elon Musk has turned science fiction into reality for the better part of two decades, making believers rich and earning the benefit of the doubt from many on Wall Street. Away from rockets and electric cars, his companies are bending reality on another plane – convincing analysts to stretch their traditional valuation tools, and assign multiples based on what one academic calls “optionalities.”Most Read from BloombergUS and Iran Far From Deal as Bond Rout Piles Pressure on TrumpWi
Earlier this week, Gemini Space Station, Inc. reported first-quarter 2026 revenue of US$50.27 million, a net loss of US$108.98 million, and secured a US$100 million investment from Winklevoss Capital Fund amid multiple securities class action lawsuits over its IPO disclosures and business pivot. The combination of stronger sales, fresh founder-backed funding, and litigation over Gemini’s shift from its core crypto exchange toward prediction markets highlights a company undergoing significant...
A blockbuster IPO, fame and fortune — yet something still felt off. Airbnb (NASDAQ:ABNB) co-founder and CEO Brian Chesky says even what looked like the biggest milestone of his life didn't change how he felt because much of our long-term...
Chipotle Mexican Grill Inc (NYSE:CMG) is one of the best large cap stocks to buy in 2026 according to billionaire Dan Loeb. The Street sees Chipotle stock gaining more than 30% over the next 12 months. On May 4, Argus upgraded Chipotle’s stock rating to Buy from Hold and set a price target of $40. […]
The AI chipmaker priced at $185, planned to sell at $125, and cleared a $100 billion valuation before lunch, which is not bad for a company nobody had heard of 48 hours ago
The 2020s might enter the history books as an era where the market skipped the stairs and kept taking the elevator either way. The recent surge since the beginning of Q2 is the best example. According to BullTheory, U.S. equities added nearly $10 trillion in market capitalization in just 39 trading days. Yet, the realized volatility has become highly asymmetric. On up days, it is running roughly seven times as much as on down days. Historically, that kind of imbalance tends to appear near exhaus
It's still a no-go on these items at Chipotle.
By Deena Beasley LOS ANGELES, May 7 (Reuters) - Gilead Sciences on Thursday posted a higher-than-expected first-quarter profit and raised its outlook for 2026 sales, but said it now expects a loss for
(Bloomberg) -- Eli Lilly & Co. sold $9 billion of investment-grade bonds Wednesday — the company’s biggest-ever issuance — as it looks to finance an acquisition spree. Most Read from BloombergUS Has Opened a Passage Through Hormuz, Central Command SaysUS Says Offensive Phase of Iran War Over as Ship Hit in StraitAnthropic Unveils AI Agents to Field Financial Services TasksDOJ Plans Intervention in Trump Supreme Court Carroll AppealTrump Pauses Plan to Guide Ships While Seeking Iran DealThe drugm
(Updates with the company's response in the fourth paragraph.) Eli Lilly (LLY) is looking to rais
Devon reported lower-than-expected first-quarter earnings despite strong oil production and free cash flow generation as the shale producer prepares to close its merger with Coterra Energy.
The billionaire is on the hook for $1.5 million for failing to disclose his 5% stake in Twitter in a timely fashion.
The S&P 500 (^GSPC) opened the week lower as oil prices spiked on renewed Iran tensions, with index futures slipping 0.1% after conflicting reports about a U.S. warship near the Strait of Hormuz. WTI crude futures jumped 3% to trade above $105 per barrel, and Brent climbed 3% to above $111, pulling capital into energy names. Futures recovered once ... S&P 500 Faces Oil-Fueled Sell-off Pressure in Possible Return to Merger Monday Deal
Guggenheim trimmed its price target on Chipotle Mexican Grill (NYSE:CMG) to $35 from $36 on Friday, keeping a Neutral rating as margin pressure forces earnings estimate cuts. Analyst Gregory Francfort lowered both 2026 and 2027 earnings per share (EPS) estimates by about 3%, signaling that profitability headwinds may outlast any near-term traffic recovery. For prudent ... Guggenheim Cuts Chipotle Price Target as Margin Pressure Mounts: Is the Recovery Story Stalling?
Wondering if Legrand is a hidden gem or overpriced right now? You are not alone, especially with so many investors eyeing its fair value after the latest market swings. The stock has had an exciting run. After rising 38.6% year-to-date and doubling over the last five years, it recently dropped by 13.1% in just the past week. Recent headlines have centered on Legrand's strategic acquisitions in the smart home sector and increased focus on sustainability, which grabbed...