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Stocks took a turn lower, reversing earlier gains in midday trading. The Nasdaq Composite fell 0.5%, while the S&P 500 was roughly flat after opening the session higher. The Dow Jones Industrial Average was up 0.
Lumentum shares are already up about 130% in 2026, while strong earnings growth and a $1,100 analyst target suggest Wall Street sees further upside.
SpaceX stock has been weak for weeks. Analysts are sticking with their price targets. The average analyst price target for SpaceX stock is about $227 a share, according to FactSet, down $1 since SpaceX reported better-than-expected second-quarter numbers on Tuesday evening.
More capable AI could create multiple different profit opportunities.
CEO Stephen Yalof said Tanger centers in 8 of 11 host cities saw gains from international visitors, with sales up about 5% for the year
Chip stocks may be primed for a rebound as AI spending stays strong, technical signals improve and Wall Street sees the recent semiconductor selloff easing.
Big Tech just closed out its second-quarter 2026 earnings season, and the results looked, on paper, like a triumph. Microsoft, Amazon, and Alphabet all posted numbers that blew past Wall Street's estimates, and headlines celebrated growth rates that haven't been seen in years. Dig one layer deeper, ...
Micron, Samsung and SK Hynix have reportedly committed significant portions of their 2027 output.
📣"I don't know the needs of the two competitors that are right now trying to talk to each other, but we don't see a need for a transformative M&A right now." —Mike Doustdar, CEO of Ozempic maker Novo Nordisk in an interview with the Journal, referring to a recent Financial Times report that AstraZeneca and Bristol Myers Squibb held talks over a tie-up.
RGTI joins HPE and PSC on a $5 million NSF-backed hybrid quantum-classical testbed set to begin construction in September 2026.
NKE's performance-led strategy centers on innovation, athlete engagement and sport-focused execution to drive long-term growth despite near-term demand challenges.
Healthcare stocks were higher Wednesday afternoon, with the NYSE Healthcare Index rising 1.1% and th
Leidos Holdings' (LDOS) diversified portfolio remains underappreciated, with strength in its Homelan
TransDigm's (TDG) stock decline following strong fiscal Q3 results was surprising, but investors are
TransMedics stock slipped on mixed results, but its future remains bright.
Networking stocks surge as Trump drafts a ban on a vital Chinese data center component.
Disney's latest earnings beat was powered by more than just streaming. Phillips Securities analyst Helena Wang joins Bloomberg to explain why Disney's unique ability to monetize its intellectual property across movies, Disney+, theme parks, cruises and consumer products continues to set it apart, and why the company is now adapting that strategy for the TikTok era. She joins Ed Ludlow on "Bloomberg Tech."
Investors have shorted a huge volume of Snowflake, Inc. put options that expire in 499 days and are 50% below today's price. They gain a 10% yield for 1.37 years away - a very bullish play in SNOW stock.
Cross-border payment growth and strategic expansion support the industry players, but rising technology costs and consumer spending pressures continue to weigh on margins. Companies like V, MA, PYPL, FIS and WEX are likely to navigate industry challenges.
Snap Inc. CEO Evan Spiegel said the company’s subscription business has significant untapped potential, adding that it has only begun to capitalize on the opportunity. During the earnings call on Monday, the CEO highlighted that fewer than 3% of its...
Wall Street has piled 41 buy ratings onto AMD with zero sells, yet shares just cratered after a blowout quarter. Something about this setup does not add up, and the answer points toward a price target most analysts have not caught up to yet.
Revenue more than doubled as the battery maker raised its full-year outlook.
Nvidia stock was seeing solid gains on Wednesday, though you wouldn't guess it by taking a look at major index moves. The AI chip maker was up 4.3% and was the only Magnificent Seven name in the green on Wednesday afternoon.
The biggest card companies are taking different paths to the same goal: dominating the rails beneath stablecoins.
During an interview with CNBC, Moynihan said inflation had been easing before picking up again due to the effects of tariffs and the war on prices, adding that those pressures are now beginning to subside.
Revenue and merchandise volume jumped more than 30%, sending shares sharply higher.
The likes of Microsoft, Google, and Amazon have spurred concern about how much they’re spending on their AI clouds. But there’s another metric that bodes well for the AI trade.
Investors seeking to capitalize on the long-term growth of nuclear energy should consider companies like AEE, UUUU and VST, which are well-positioned to benefit from rising demand.
CEO Brian Moynihan says GLP-1 medications now account for roughly 13% of the bank's total annual healthcare spending
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