News

General Motors (NYSE:GM) has renewed its joint venture with China’s SAIC Motor for another 20 years, marking a new chapter for the partnership after a major restructuring of its operations in the Chinese market that included factory closures and a streamlined vehicle lineup. The renewed agreement preserves the companies’ 50-50 ownership structure and places greater emphasis on developing vehicles within China to better meet the preferences of local consumers.

The enhancements give customers more control and information when using options like Smart Pickup, a UPS executive said.

Strategy Inc. CEO Phong Le says the company expects to outperform Bitcoin during the next bull market, even as it is selling some holdings to manage its balance sheet. "We Sell Bitcoin When We Need To" Speaking to CNBC on...

FTNT, AMP, AMZN, VLO and APEMY have been added to the Zacks Rank #1 (Strong Buy) List on August 5th, 2026.

Executives credit productivity gains and market improvements for quarterly income from operations rising 30% year over year.

DigitalOcean Holdings (DOCN) is back in focus after reporting second quarter results that topped market expectations for both revenue and earnings per share, along with a higher full year outlook for revenue and adjusted EPS. See our latest analysis for DigitalOcean Holdings. At a share price of $128.89, DigitalOcean Holdings has surged this year, with a year to date share price return of 163.2% and a 1 year total shareholder return of 270.27%. However, the 90 day share price return is down...

SNDR, NESR and VLO made it to the Zacks Rank #1 (Strong Buy) growth stocks list on August 5th, 2026.

TQQQ surged double digits in a single session and handed some traders a 21% week, yet the same mechanics that built those gains have quietly drained billions from long-term holders. Understanding which side of that trade you are on changes everything.

European stock indexes were rising at the open, extending a raft of record highs. Industrial and retail stocks jumped as the Europe-wide Stoxx 600 rises 0.5% to 659.75 points, a new record. London's FTSE 100 popped 0.

Nvidia dominates the AI accelerator market, but Alphabet just became a more serious threat.

Stocks were on track to break more records on Wednesday, as the AI trade and hopes of an Iran peace deal continued to power the broader market higher. S&P 500 futures rose 0.3%. Dow Jones Industrial Average futures added 130 points, or 0.2%.

VLO, EFOR and AMP made it to the Zacks Rank #1 (Strong Buy) value stocks list on August 5th, 2026.

NEW DELHI/SINGAPORE, Aug 5 (Reuters) - Indian refiners Mangalore Refinery and Petrochemicals bought 1 million barrels of Oman crude via a tender, three trade sources said on Wednesday.

Palantir turned in another terrific quarter, with huge U.S. commercial revenue growth.

Zeta Global Holdings Corp. has reported past second-quarter 2026 results showing sales rising to US$442.77 million with net income of US$8.17 million, alongside higher full-year revenue and GAAP EPS guidance. The company also marked its 20th consecutive beat-and-raise quarter, underpinned by growing AI adoption and partnerships with OpenAI and Palantir that are reshaping how it wins and serves enterprise clients. Next, we’ll examine how this stronger guidance, underpinned by AI-driven...

August 5 (Reuters) - European shares rose on Wednesday as investors monitored corporate earnings and diplomatic efforts to end the U.S.-Iran war and reopen the blockaded Strait of Hormuz.

The hospital chain raised almost $1 billion in India’s second-largest initial public offering so far this year.

APEMY, VLO and CUYTY made it to the Zacks Rank #1 (Strong Buy) income stocks list on August 5th, 2026.

These growth stocks have more reasonable valuations.

SpaceX Corp (NASDAQ:SPCX) did almost everything investors had asked of it in its first quarterly report as a public company, and the shares fell anyway. Revenue of $7.8 billion for the April to June quarter came in ahead of the $6.81 billion analysts had pencilled in, and adjusted earnings...

Fidelity National Information Services (FIS) is back in focus after reporting second quarter 2026 results and updating its outlook, giving investors fresh numbers on revenue, profitability and near term expectations. See our latest analysis for Fidelity National Information Services. Despite the earnings beat and updated guidance, Fidelity National Information Services’ recent share price performance remains weak, with a year to date share price decline of 32.55% and a 1 year total...

SanDisk stock jumped 10% after a new AI memory milestone with SK Hynix, just ahead of its fiscal Q4 earnings report.

Cathie Wood’s ARK Invest sold 39,233 Palantir shares across ARKK and ARKF, worth $6.38 million at Tuesday’s close.

Quantum computing stocks have been under pressure this year due to concerns about high valuations, but many retail investors still believe in the sector’s future potential.

Before you rush to buy the dip or sell in panic, here's what really caused the sell-off, and whether now is finally a good time to start buying.

Eli Lilly (LLY) stock is back in focus after the FDA granted Breakthrough Therapy designation to its investigational drug olomorasib for KRAS G12C-mutant advanced pancreatic cancer, highlighting an expanding oncology effort. See our latest analysis for Eli Lilly. Eli Lilly’s share price has eased recently, with a 7 day share price return down 8.60% and a 30 day share price return down 8.09%. This is even though the 1 year total shareholder return sits at 46.69% and the 5 year total...

Devon Energy Corporation recently reported past second-quarter 2026 results, with revenue of US$7,417 million and net income of US$1,911 million, alongside basic earnings per share from continuing operations of US$2.04. In the same period, Devon completed a buyback of 4,300,000 shares for US$197 million, subtly amplifying the impact of its stronger earnings on per-share metrics. We’ll now examine how Devon’s sharp jump in quarterly revenue influences its existing investment narrative around...

Hut 8 stock fell 9.7% after Q2 2026 results paired an 81% revenue jump with a $177 million net loss. Key numbers inside.

Wix.com (WIX) is back in focus after its Q2 2026 report showed revenue and earnings above market expectations, supported by double digit growth in key metrics and progress across its AI products. See our latest analysis for Wix.com. At a share price of US$66.78, Wix.com has seen a sharp 1-day share price return of 17.49% and a 30-day share price return of 33%. However, its year-to-date share price return is down 33.86% and its 1-year total shareholder return is down 48.03%. This suggests...

Amgen Inc (AMGN) delivers 10% revenue growth driven by key products like Repatha and UPLIZNA, while raising full-year 2026 guidance.