According to a court filing from Friday, the companies have agreed to pause the transaction until five days after the court issues a final decision on the merger, or until June 1, 2027.
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NHTSA rejects an investigation while acknowledging gaps in existing standards
(Corrects to say Trump in paragraph 3) July 24 (Reuters) - U.S.
Investors rotate out of AI chipmakers while software stocks show greater resilience during earnings season.
NextEra Energy beats second-quarter earnings estimates as FPL growth and record renewables bookings offset a revenue miss.
Investing.com -- President Donald Trump said Friday the United States will start a Section 301 Investigation into the European Union’s practice of fining American technology companies after Google received another penalty from the bloc.
Chip stocks tumbled as investors cut risk amid Middle East tensions and ahead of CXMT's July 27 market debut.
INFY's Q1 fiscal 2027 earnings and revenues miss estimates as soft volumes and a client exit offset growth and rising AI sales.
Cathie Wood's ARK Invest bought Tesla stock across four of its ETFs on Thursday, even as shares fell almost 15%.
Verizon Communications (VZ) raised its full-year earnings outlook on Friday amid phone subscriber ga
Uber just cut a chunk of its customer service workforce in the name of AI efficiency, and it is far from alone. The real question is whether these scattered layoffs signal the early edge of a wave that could reshape employment across entire industries.
Investing.com -- JPMorgan downgraded Rollins to Neutral from Overweight and cut its price target to $45 from $70, saying uncertainty around weakening residential demand and a slower-than-expected margin recovery has made the pest control company's near-term risk-reward less compelling despite its intact long-term growth story.
BIIB heads into Q2 results with new launches expected to offset weaker MS drug sales as investors watch Leqembi trends and the Apellis deal impact.
TSLA's Q2 miss, margin pressure and heavy spending triggered a 14% slide, but stabilizing EV demand, balance sheet strength and FSD gains support a hold.
Nokia stock hit its lowest close since April. See why NOK fell 25% in a month and which support levels come next.
(Bloomberg) -- A judge dismissed a lawsuit alleging that Meta Platforms Inc.’s WhatsApp is able to access users’ encrypted messages and has made false claims about the privacy and security of its chat service.Most Read from BloombergRetina Chip Designed to Restore Sight to Go on Sale in EuropeHegseth Turns to UNC, Virginia Tech After Dropping Ivy LeagueApple Plans Overhaul of MacBooks, iMac in Push to Meet AI DemandTrump Rebuilds Tariffs With New Levies on 60 EconomiesUS to Begin Work on New Car
SpaceX faces a major mission test tonight, just as it gambles Starship can take over for its lucrative Falcon launch business.
Investing.com -- Infosys drew fresh analyst downgrades from JPMorgan and HSBC after its first-quarter earnings missed expectations, management cut its fiscal 2027 revenue growth guidance for a second consecutive quarter, and announced a CEO transition, reinforcing concerns over slowing business momentum.
Meta Platforms is launching a dedicated app for sellers on Facebook Marketplace. Meta stock was a fraction lower early Friday while the news appeared to weigh on eBay shares. The new app will be called Seller, according to an announcement from Meta on Friday morning.
Shares were gaining on Friday after Intel’s earnings report signaled demand for AI chips remains strong.
American Express (NYSE:AXP) shares declined more than 2% in premarket trading on Friday after the financial services company reported second-quarter earnings that exceeded analyst expectations, while revenue came in slightly below market forecasts. Although the company delivered higher profits and raised its full-year revenue growth outlook, investors focused on the modest revenue miss following the quarterly release.
AI spending fears push Alphabet below key technical milestone
(Bloomberg) -- A rapid selloff in the high-flying momentum trade is wrecking the strategy’s staunchest bulls: Retail traders. Most Read from BloombergRetina Chip Designed to Restore Sight to Go on Sale in EuropeHegseth Turns to UNC, Virginia Tech After Dropping Ivy LeagueApple Plans Overhaul of MacBooks, iMac in Push to Meet AI DemandTrump Rebuilds Tariffs With New Levies on 60 EconomiesAlphabet Falls as $205 Billion Spending Plan Fuels AI Cost FearA basket of 50 stocks favored by amateur invest
Tesla stock fell as much as 15% on Thursday, its worst intraday drop in more than a year, after second-quarter profit missed Wall Street expectations
Shares of eBay (NASDAQ:EBAY) fell 3.7% Friday morning as investors reacted to Meta’s launch of a dedicated Seller app for Facebook Marketplace. While Meta’s product rollout was public, the stock decline underscores growing concern on Wall Street that Meta is making a direct play for eBay’s core seller base. Historically viewed as an informal, local yard-sale platform, Facebook Marketplace’s standalone "Seller" app introduces tools specifically engineered to siphon professional, high-margin power
Tesla (TSLA) will not face a defect investigation over the manual door release on Model 3 vehicles a
S&P 500 futures added 0.2% Friday morning after the index posted its worst single-day drop since late June
According to TheFly, HSBC analysts initiated their coverage of SpaceX with a ‘Hold’ rating and a price target of $115.
The company plans to submit a new application for a national trust bank charter under the framework of the Genius Act