Eli Lilly (LLY) stock has turned into one of the best comeback trades of 2026. Shares closed at $1,196.03 on July 24, up nearly 11% year to date after a rough start dragged the stock below $900 in the spring. Lilly shares have climbed about 39% since the company's first-quarter report, according to ...
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Strategy has not bought Bitcoin in four weekly filings. Q2 earnings on July 30 will test whether the pause continues.
The multiple has come down while the growth rate has gone up. Wednesday decides whether that gap is an opportunity or a warning.
(Bloomberg) -- Meta Platforms Inc.’s Facebook and Instagram have served thousands of ads for AI “nudify” apps in breach of the company’s policies, delivered by one of its few advertising partners in China, according to the nonprofit Tech Transparency Project.Most Read from BloombergDeepSeek Suspends Fundraising After Viral US-China PostsSpaceX at $100 Would Imply Zero AI Value, Morgan Stanley SaysUS, Iran Extend Pause in Strikes as Oman Holds Hormuz TalksTrump Seethes as Iran War Spirals Anew Wi
Leaked Galaxy S27 camera plans suggest a broader Samsung lineup as retailers, carriers, and customers mull another premium smartphone tier. Samsung Electronics (SSNLF) may be preparing to give shoppers yet another expensive Galaxy phone to consider. Samsung is developing four Galaxy S27 models: the ...
Both the futures market and the bond market expect multiple rate hikes by the end of this year.
Rising gas prices force Americans to make cuts to other parts of their budget. "Over three-fifths (61%) of drivers said rising gas prices have moderately or significantly impacted their household’s ability to afford other expenses in the past month," according to Numerator's Consumers React to ...
Five years ago, the Department of Veterans Affairs launched a new medical records system meant to fix a health network running on decades old technology. The rollout became one of the most cited failures in modern government technology, tied to patient deaths and years of paused deployments. The ...
(Bloomberg) -- Moonshot AI is poised to make its Kimi K3 model available for public download, expanding its reach and influence in the global open software community at a time of growing US concern about Chinese encroachment into the top echelons of AI development.Most Read from BloombergDeepSeek Suspends Fundraising After Viral US-China PostsSpaceX at $100 Would Imply Zero AI Value, Morgan Stanley SaysUS, Iran Extend Pause in Strikes as Oman Holds Hormuz TalksTrump Seethes as Iran War Spirals A
After a year of holding back on new hires, companies from tech and transportation to defense now say they need more people to work alongside AI.
This year’s stock rally has withstood war, inflation and uncertainty surrounding the tech sector’s massive artificial-intelligence investments. The question now is: Have investors finally reached their limit? Major stock indexes have posted healthy gains this year.
Iran and Oman are also in talks that center around having Iran run vessel transit through the Strait of Hormuz with fewer restrictions on ships.
Nvidia is in talks to provide a roughly $250 billion financing for OpenAI as part of a massive data center project, The Wall Street Journal reported on Sunday. The guarantees from Nvidia would help the ChatGPT maker lease a 10-gigawatt project that SoftBank's energy subsidiary is developing in southern Ohio, the newspaper said, citing people familiar with the matter. Nvidia, OpenAI and U.S. Commerce Department did not respond to requests for comment outside regular business hours.
Project would be one of the largest AI computing hubs and involve power controlled by the U.S. government.
Shares of South Korean internet and cloud service giant Naver jumped more than 10% on Monday after it said Nvidia would acquire $1 billion of its new shares to finance a project to expand an AI data centre. The investment comes after the two firms and investment group Brookfield announced on Friday plans to expand Naver's AI data centre in South Korea with up to $10 billion in funding. Naver said on Monday it will place 7.2 million new shares with Nvidia for 204,500 won each, or a 1% discount to its closing price on Friday, as part of the agreement.
(Bloomberg) -- CXMT Corp. is set to begin trading in Shanghai on Monday after raising 66.6 billion yuan ($9.8 billion) in the second-largest initial public offering in China’s history, with potential for a first-day gain that would make it the largest company in the country.Most Read from BloombergDeepSeek Said to Tell Backers of Funding Pause After Viral PostsSpaceX at $100 Would Imply Zero AI Value, Morgan Stanley SaysUS, Iran Extend Pause in Strikes as Oman Holds Hormuz TalksTrump Seethes as
The paycheck stopped, the 401(k) balance sits there, and now you need it to last three decades without a single mistake. Here is how four ETFs can replace your salary, cushion every market crash, and still grow faster than inflation.
The telecom already has a plan for every dollar of its massive free cash flow stream -- and investors should love it.
Investing.com -- Investor attention is set to shift toward the U.S. midterm elections over the coming months, with Goldman Sachs expecting rising policy uncertainty and market volatility ahead of the November vote, while arguing that the election outcome itself is unlikely to be a major driver of equity performance.
Every powerful technology eventually reaches the same argument. Somebody has to decide whether the thing gets handed out or locked up. Encryption had that fight in the 1990s, when the federal government classified strong cryptography as a munition and tried to keep it away from ordinary people. ...
The airline just posted the biggest quarter in its history and told investors it may lose money this year. Both are true.
South Korean President Lee Jae Myung flew to San Francisco on July 24 for a summit with the most powerful names in artificial intelligence. Jensen Huang was there. Sam Altman was there. The heads of Samsung, SK Group, Hyundai Motor and Naver flew in. By the end of the day, roughly $950 billion in ...
The reported tie-up would have combined two of the nation’s largest airlines, but the preliminary discussions did not advance and both carriers ultimately moved on.
Investing.com -- United Airlines had reportedly approached Delta Air Lines last year about a potential merger between the two carriers
Rising capital expenditures and tightening margins are not a good combination.
Treasury yields and oil prices surged, and the dollar confirmed the breakout toward a longer-term uptrend, to push the S 500 below key chart support.
(Bloomberg) -- Federal Reserve officials will head into their policy meeting this week confronting a resurgence in price pressures that could make their decision on whether to hold or hike interest rates a close call — and a contentious one.Most Read from BloombergDeepSeek Said to Tell Backers of Funding Pause After Viral PostsSpaceX at $100 Would Imply Zero AI Value, Morgan Stanley SaysTrump Seethes as Iran War Spirals Anew With No End in SightUS, Iran Extend Pause in Strikes as Oman Holds Horm
(Bloomberg) -- Federal Reserve officials will head into their policy meeting this week confronting a resurgence in price pressures that could make their decision on whether to hold or hike interest rates a close call — and a contentious one.Most Read from BloombergDeepSeek Said to Tell Backers of Funding Pause After Viral PostsSpaceX at $100 Would Imply Zero AI Value, Morgan Stanley SaysTrump Seethes as Iran War Spirals Anew With No End in SightUS, Iran Extend Pause in Strikes as Oman Holds Horm
United Chief Executive Scott Kirby called Delta’s CEO to discuss a potential deal but the talks didn’t progress, according to people familiar with the matter.
This is a huge earnings week, with nearly a third of S&P 500 companies reporting. The Fed is expected to hold rates steady after its confab ends Wednesday, and we’ll see key inflation data on Thursday.