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Sandisk was spun off as a separate, independent company by Western Digital in 2025, about a decade after it was purchased. The two now operate as independent, publicly traded companies, with Sandisk focusing on manufacturing flash storage cards, while Western Digital focuses on making hard disk ...
A new law passed in Washington, D.C. imposes price caps on resold event tickets.
Investing.com -- China’s artificial intelligence sector has become a key driver of economic growth, accounting for more than half of the country’s quarter-on-quarter expansion in the second quarter, according to an analysis by Capital Economics.
The startup, founded by Harvard dropouts, is also raising capital at a $10 billion valuation in a separate round led by Sequoia Capital.
Videogame retailer GameStop owns nearly 10% of e-commerce company eBay, the company said in a regulatory filing late on Friday, nearly three months after making an unsolicited offer to buy eBay for roughly $56 billion. GameStop said it owns 43.4 million outstanding shares of eBay, or 9.8%, marking a dramatic increase in ownership from early May when GameStop CEO Ryan Cohen told eBay's board chairman "we have accumulated a 5% economic stake" through derivatives and beneficial ownership. GameStop bought 3.5 million eBay shares for roughly $381 million last month and said it settled 39 million eBay shares from put/call pairs on Friday.
Apple shares hit an all-time high of $334.68 on July 16. The stock was up 23% on the year, the product pipeline was looking unusually stacked, and most of the analyst community already had a Buy on it. Then, on July 17, one of the banks that had been sitting on the sidelines decided it had seen ...
Semiconductor stocks came under renewed pressure as investors continued to digest Taiwan Semiconductor Manufacturing (TSM)’s higher 2026 capital expenditure guidance.
A duo of Magnificent 7 members, namely Tesla (TSLA) and Alphabet (GOOGL), will help headline the reporting docket this week, who both head into their reports with favorable revisions for both earnings and sales.
Find insight on Tesla’s robotaxi deployment, Uber, Volvo and more in the latest Market Talks covering auto and transport.
Find insight on settlement between Apple and the DOJ, Netflix, Tech Mahindra and more in the latest Market Talks covering technology, media and telecom.
JPMorgan has slashed its price target on Coinbase Global Inc. (NASDAQ: COIN) to $196 from $283. This is nearly a 31% cut, while maintaining an "Overweight" rating on the largest U.S. crypto exchange. The revision, led by analyst Kenneth Worthington, still implies roughly 24% upside from the ...
Alcoa Corporation will release its second-quarter earnings report after the closing bell on Thursday, July 16. Analysts expect the company to report quarterly earnings of $2.19 per share, up from 39 cents per share in the year-ago period. The consensus...
A new AI model from China is worrying Wall Street and keeping pressure on tech stocks.
Options markets imply a 15% move in either direction.
A last-second engine abort scrubbed the 13th Starship test, with Musk targeting another attempt next week
Nike's restructuring, which it launched in April 2026, has already led to several store closings, layoffs, and an exit from a business partnership. And now the popular sneaker company has closed two more locations on opposite sides of the country as part of its national retail strategy, according ...
July 17 (Reuters) - Elon Musk's SpaceX is in talks to provide the U.S.
Elon Musk's SpaceX is in talks to provide the U.S. Department of Defense with access to data center capacity worth billions of dollars to run AI models, the Wall Street Journal reported on Friday, citing people familiar with the matter. Such an agreement would extend the Pentagon's existing relationship with SpaceX, a key partner for rocket launches and satellite-based communications and missile tracking. According to the report, SpaceX employees have discussed plans to compete more directly with neocloud firms such as CoreWeave by selling computing capacity to AI customers at lower prices.
Tesla said in a post on X on Friday that it has opened a new public Megacharger station in Bloomington, California, marking what the company’s team described as “the beginning of the Megacharger network.”
The company plans to expand its capacity by 30% in the next two years.
U.S. oil prices extended their summer rally and ended the week 16% higher at $82.49 a barrel, as producers from the Middle East to West Texas bet against the Strait of Hormuz returning to normal soon.
Boeing shares edged higher after the plane maker won back the authority to perform final safety sign-offs on its newly produced 737 MAX and 787 Dreamliner jets. Starting next week, Boeing employees, working on behalf of the Federal Aviation Administration, can issue airworthiness certificates, which airlines need before using the aircraft to fly passengers. Boeing had lost the privilege after a series of safety and quality problems.
The company would provide billions of dollars’ worth of data-center capacity under the arrangement, people familiar with the matter said.
📣 “The way that we see the long-term in Iraq is you are going to see that the Henry Hub and the Cushing of the U.S., for the Middle East will be in Iraq.” —Jake Spiering, Chevron’s incoming president for business development, on the oil major’s bet that Iraq will develop as the most important regional hub for physical oil-and-gas trading.
(Bloomberg) -- ConocoPhillips joined dozens of US firms from the energy, healthcare, finance and tech sectors in signing some $60 billion in deals to lift the Iraqi economy.Most Read from BloombergFCC Near Rulings Against Disney Over ‘The View,’ TV LicensesChip Stocks Poised for Bear Market in AI Unwind: Markets WrapGoogle Gemini Launch Delayed as Tech Falls Short of Internal GoalsChina’s Moonshot Unveils AI Model, Fueling Tech RoutThailand Scraps Plan to End Visa-Free Entry for Indian TouristsT
Investing.com -- Profit-taking in AI names, a decline in IBM, and a disappointing Netflix outlook have helped push markets lower this week, while rising oil prices offered one of the few pockets of strength.
Meta is in early talks to rent its computing power to Anthropic in what could be a multibillion-dollar deal, as the social media company plans...
Robinhood Markets (NASDAQ: HOOD) has had a busy few weeks. A new blockchain launch, a wave of Wall Street attention, and now, days before its next earnings report, a fresh vote of confidence from one of the biggest names on the Street. Goldman Sachs has raised its price target on Robinhood to ...
HONA combines aerospace scale, a sizable backlog and recurring revenue, with valuation hinging on consistent standalone execution.
The first significant over-the-air (OTA) software update has begun rolling out for the Rivian R2, adding key features like Launch Mode, Pet Comfort, Gear Guard, and a host of other improvements. While the new features and enhancements are welcome, Rivian (RIVN) is emerging as one of the only Tesla ...
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