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With the July jobs report looming, the Dow’s winning streak finally ran into a wall. The Dow Jones Industrial Average fell 464 points, or 0.9%. The S&P 500 dropped 0.2%. The Nasdaq Composite dipped 0.
Humanoid robot developer Unitree announced it will price its upcoming IPO at $22.34 a share, giving it a valuation of $9 billion. The deal will make Unitree China's first public humanoid robot company. Unitree's IPO comes at a time when investors are becoming increasingly focused on the prospect of AI-enabled robotics.
Energy stocks were higher late Thursday afternoon, with the NYSE Energy Sector Index rising 1.6% and
The maker of components for physical AI reported a notable insider sale after a 100% total return over the past 12 months.
A director plans to sell 2,160 shares under a previously arranged trading plan.
Krispy Kreme (DNUT) CEO Joshua Charlesworth joins Josh Lipton on Market Domination to break down the donut maker's latest earnings and discuss the progress of its turnaround strategy.
Rocket Lab just landed a huge contract. Here's what it means for the company.
Consumer stocks were lower late Thursday afternoon, with the State Street Consumer Staples Select Se
Bitcoin ETFs spent most of July bleeding. Net outflows hit $265.4 million in the final session of the month on July 31, a brutal close to a period that saw the category lose billions in cumulative inflows. Then August arrived. Over the first three trading days of August, U.S. spot Bitcoin ETFs ...
The Boeing Company (NYSE:BA) got a certificate seven years in the making. On August 3, the Federal Aviation Administration approved the 737 Max 7 for commercial service, nearly a decade after Boeing first unveiled the plane and years after the company originally targeted 2019 for certification and delivery. Shares rose 8% that day, closing at […]
Elf Beauty Chief Executive Officer Tarang Amin says the company is excited about expanding into hair care products. It launched a new partnership with Target in June. Amin talks about that and the latest earnings report on "Bloomberg The Close."
Financial stocks were lower in late Thursday afternoon trading, with the NYSE Financial Index decrea
The automation software company delivered strong second-quarter results, but the stock still fell.
Bending Spoons stock offers a high-profile lesson in how to handle liquidity in initial public offerings — a lesson that is set to come due for other recent IPOs like Space Exploration Technologies stock. Investor Greg Morton tells Investor's Business Daily's "Investing with IBD" podcast that it's not about trading every IPO that appears, but finding the best of the best that pass his filters for profitability and liquidity. "Two thirds of (IPOs) I'm hardly even looking at, and then they need to be liquid — that cuts it in half again," Morton said.
Bitdeer Technologies (NASDAQ: $BTDR) has secured a $4.7 billion U.S. artificial intelligence (A.I.) data centre lea...
Investors may have renewed confidence in Microsoft's (MSFT) AI strategy on the tech giant's reported growth in its Azure Cloud and Copilot businesses. Yahoo Finance Tech Editor Dan Howley dives into the details.
Energy stocks were higher late Thursday afternoon, with the NYSE Energy Sector Index rising 1.6% and
US home sales in July logged their strongest annual gain for the year, though certain key indicators
One enormous investment cycle now faces its earnings test
Michael Reinking, Senior Market Strategist at the NYSE, reviews a pivotal week in which the S&P 500 broke above its May-July trading range near 7,600, driven by strong Q2 earnings, easing oil prices, and mispositioning in tech that sparked a broad-based rally. Hyperscalers led the charge as investors embraced the ongoing shortage of compute capacity, while semiconductors and optical stocks saw volatile swings amid eye-popping growth figures and sky-high expectations. Looking ahead, Friday's jobs report and next week's inflation prints take center stage, with reports suggesting Fed Chair Warsh could support a September rate hike should the data come in hot.
Uber Technologies Inc (NYSE:UBER, XETRA:UT8) saw its price target lowered to $101 from $103 by Bank of America, which maintained a ‘Buy’ rating following the company’s second quarter results, with the analysts citing a lower valuation multiple despite raising their earnings estimates. Shares...
Tesla and SpaceX said Terafab will be built in Grimes County, Texas, about an hour northwest of Houston.
Most SCHD investors quit before the moment that changes everything: when their dividends start buying more shares each year than their own contributions do. Running the full 20-year projection reveals why that crossover point matters more than the starting yield.
The top Silicon Valley investor is sticking with the high-growth data mining company.
The company is running through cash faster than some investors may like.
The drugmaker continues to face headwinds.
Bloom Energy has shed over 20% in four weeks after a staggering year-to-date run, and now shareholders face a decision that looks simpler than it actually is. The cheaper alternatives in the fuel cell space come with a catch most rotation trades ignore.
Yahoo Finance Markets and Data Editor Jared Blikre joins Market Domination to discuss Alphabet (GOOGL, GOOG) following the tech giant's $25 billion debt raise, the latest move in the hyperscalers' AI infrastructure spending race.
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