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Nvidia stock fell late despite strong earnings. Elon Musk's SpaceX released its filing for a mammoth IP. Stocks rallied Wednesday as oil prices dived on Iran hopes.
Meta began laying off roughly 8,000 employees Wednesday -- about 10 percent of its global workforce -- as co-founder and Chief Executive Mark Zuckerberg pushes to redirect resources toward an ambitious artificial intelligence agenda.In a memo to staff Wednesday, posted by Business Insider, Zuckerberg expressed thanks to departing employees and sought to reassure those remaining.
Earlier this month, Starbucks unveiled its 2026 summer menu, featuring returning fan-favorites, new beverage innovations, expanded customization options, and a limited-time merchandise collection to drive seasonal demand. Although summer officially begins on June 21 this year, Starbucks has ...
US equity indexes ended higher on Wednesday after crude oil prices fell and the tech sector rose ahe
Financial technology platform Intuit (NASDAQ:INTU) met Wall Street’s revenue expectations in Q1 CY2026, with sales up 10.4% year on year to $8.56 billion. The company expects next quarter’s revenue to be around $4.27 billion, coming in 3.1% above analysts’ estimates. Its non-GAAP profit of $12.80 per share was 1.8% above analysts’ consensus estimates.
Energy stocks were lower late Wednesday afternoon, with the NYSE Energy Sector Index falling 1.9% an
Salesforce Inc (NYSE:CRM, XETRA:FOO) received a reinstated ‘Underperform’ rating and $160 price target from Bank of America, with the firm arguing the software company is facing an “AI-driven structural reset.” The bank’s price target implies downside from current levels of about $178. In...
Ted Turner died at 87, and obituaries celebrate how he built his empire. He took an indebted billboard company into a UHF station, then into the Atlanta Braves for $10 to $12 million. Then into a satellite superstation, then into Hanna-Barbera for $320 million, and finally into CNN. The crown jewel is now part of ... Ted Turner Built CNN on Debt and Near-Bankruptcy. Here Is Why You Should Not Try to Copy Him
The YieldMax MSTR Option Income Strategy ETF (NASDAQ:MSTY) trades near $24, and the trap in that number is what it has done while bitcoin spent most of the last year doing something else. MSTY launched in February 2024 as a way to monetize the option premium on MicroStrategy shares and hand investors a triple-digit distribution ... MSTY Holders Face a Risk That Has Nothing to Do With Bitcoin Falling
Google's I/O showcase highlighted massive AI ambitions, but investors appeared concerned by product sprawl and lack of focus.
Meta restructures engineering and product teams while expanding AI initiatives and accelerating infrastructure investment.
Energy stocks were lower Wednesday afternoon, with the NYSE Energy Sector Index falling 1.8% and the
Shares of Amprius Technologies Inc (NASDAQ:AMPX) are falling Wednesday afternoon following a short report released by Manatee Research. Here’s what investors need to know. Amprius Technologies stock is taking a hit today. Why is AMPX stock falling? Key Details Of The Amprius Short Report The report levels serious accusations against the silicon anode battery developer, alleging exaggerated orders, hollow manufacturing and major related party transactions. Amprius did not immediately respond to B
The pitch for the SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) is simple: collect a coupon, keep equity upside, sit between stocks and bonds. CWB has rewarded holders nicely on the way up. The risk most owners do not price in is that when equity markets crack, CWB stops trading like a bond fund and starts ... CWB’s Convertible Bond Strategy Looks Like Bonds Until the Equity Markets Fall, And Then It Trades Like Stocks
A number of stocks fell in the afternoon session after a broad-based sell-off hit the semiconductor sector following news of a potential strike at Samsung and a stake sale by Taiwan Semiconductor Manufacturing (TSMC), which rattled global chip supply chains.
Dividend stocks have help up better than bonds this year as the stock market shrugs off risks better.
NextEra Energy (NEE) just agreed to one of the largest energy acquisitions since Exxon bought Mobil in 1998. The market's first reaction was not applause. Shares of the Florida utility giant fell sharply after it unveiled a roughly $67 billion all-stock deal to buy Virginia's Dominion Energy (D) on ...
Boeing (BA) just had one of its worst days in months, and one major bank thinks the panic created a bargain. Most of Wall Street zeroed in on a single number: 200. That was the size of the China jet order President Trump unveiled, according to Reuters, and traders had hoped for far more. The stock ...
Charter Communications is under closer scrutiny after a revised fair value estimate of about US$245.31, down from roughly US$275.47, trimming around 11% from the modeled intrinsic value per share. Those changes sit alongside a wave of Street price target cuts of US$20 to US$60, as analysts incorporate more cautious revenue assumptions into their models. Read on to see how to interpret these moves and keep up with the evolving narrative around Charter’s stock. Stay updated as the Fair Value...
A number of stocks fell in the afternoon session after a broad-based sell-off hit the semiconductor sector following news of a potential strike at Samsung and a stake sale by Taiwan Semiconductor Manufacturing (TSMC), which rattled global chip supply chains.
A number of stocks fell in the afternoon session after a broad-based sell-off hit the semiconductor sector following news of a potential strike at Samsung and a stake sale by Taiwan Semiconductor Manufacturing (TSMC), which rattled global chip supply chains.
Oil prices fell to undercut $100 on a report that a U.S.-Iran deal could be close. The S&P 500 and travel stocks rose. Don't get too excited.
Treasury yields and the dollar deepen their decline as oil prices fall. Brent and WTI are down about 4%, reflecting hopes that the Strait of Hormuz could reopen soon. Meanwhile, U.S. crude inventories plummeted by 7.
Meta CEO Mark Zuckerberg told employees in an internal memo on Wednesday that he does not expect more company-wide layoffs this year, according to a copy of the memo seen by Reuters. He made the announcement on the same day the Facebook owner carried out a massive restructuring of the company, laying off 10% of its workforce globally and transferring 7,000 other employees to new initiatives related to AI workflows. The changes are part of a far-reaching overhaul taking place at Meta this year, as the company surges its AI investments in a bid to center AI agents in both its product offerings and its approach to work internally.
Home Depot (HD) is facing headwinds of stalled housing turnover and a weak cost and demand outlook,
Target's stock plunged in early trading Wednesday, despite quarterly results that came in ahead of Wall Street estimates.
Markets slide as tech slumps and yields spike - screen flags high-ROE cash cows: ROST, TEL, AVGO, COP and ANET.
Waymo's vehicles are getting safer every day.
Nvidia (NASDAQ:NVDA) has been on quite the investment spree in the past year, and while much of the AI bets and partnerships have begun to bear fruit after the latest run in AI-related names, questions linger as to how all these “circular” bets change the risk/reward profile of the world’s largest company. Undoubtedly, if there’s ... Nvidia Might Have Just Revealed the AI Sleeper Stock That Investors Missed
