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Peter Schiff is not done warning markets. The economist who called the 2008 financial crisis posted on X that the current tech selloff is a preview of something larger, and that Bitcoin will take a harder hit than most investors are currently pricing in. "The entire U.S. stock market is overpriced, ...
Shares of Teladoc Health fell more than 25% Thursday after the telehealth company missed second-quarter revenue expectations and cut its full-year sales forecast. The pain is concentrated in BetterHelp, Teladoc's therapy and psychiatry platform, where revenue fell 12% to $212.6 million. Teladoc has pushed BetterHelp users toward insurance-covered therapy instead of cash-pay sessions.
MAA lags Q2 FFO estimates as same-store NOI declines, but improving lease trends and a steady development pipeline point to stabilizing operations.
The RNA-focused biotech shed 30% of its market value — or close to $12 billion — amid growing investor concerns about its main drug business.
The market turned bearish on AI. Wall Street still loves this barely under-$30 stock.
Jersey Mike's has gone public. Shares of the sub giant are due to start trading today on the New York Stock Exchange after about 43.5 million shares priced at $23 each yesterday. The company raised about $1 billion in its IPO.
MO's second-quarter earnings miss estimates as cigarette shipments fall, though higher pricing lifted smokeable products revenues and supported profit growth.
Bitcoin faced a fresh downside warning Thursday after economist and longtime crypto critic Peter Schiff said the se...
MGM posts record Q2 revenues, but earnings fall as China and regional margin pressure offset Las Vegas and digital growth.
EVR posts record Q2 revenues on stronger deal activity and higher AUM, but rising expenses and special charges weighed on earnings.
Mark Zuckerberg’s Meta has lost more than $130bn (£97bn) in value after investors took fright at the pace of the company’s heavy AI spending.
UiPath stock is coming off a difficult five year stretch, with shareholders seeing the share price fall about 79.7%. However, current valuation checks now suggest the stock may be trading below its intrinsic value based on a Discounted Cash Flow (DCF) estimate. Over the past five years, UiPath has delivered a share price decline of 79.7%, which puts long term holders well under water and makes today’s pricing especially important for new and existing investors. UiPath’s ability to convert...
SpaceX stock rose early Thursday as Elon Musk’s rocket and AI company tried to shake off recent losses with some help from the U.S. Space Force. Its shares were up almost 14% after a strong earnings report. As for SpaceX, it was awarded a $1.6 billion contract for 18 Falcon 9 launches.
Qualcomm Inc (NASDAQ:QCOM, XETRA:QCI) shares fell about 3% on Thursday after the chipmaker reported third quarter earnings that narrowly missed expectations and issued a weaker-than-expected profit outlook for the upcoming quarter. For the fiscal third quarter ended June 28, Qualcomm reported...
The U.S. has fired a lot of missiles lately, leaving the Defense Department motivated to quickly replace and grow its missile stocks. “When you add the $54 billion dollars in this contract modification, you’re pushing $300 billion dollars of backlog for the company,” said CEO Jim Taiclet on Fox Business. Lockheed is tripling production of its PAC-3 missiles.
Hims & Hers shares crashed yesterday as the FTC filed a lawsuit against the telehealth provider. Here’s how you should play HIMS stock at current levels.
Nokia stock is down 52% from its June peak. Bulls defend the $8.50 Fibonacci support as RSI hits 27. Key levels to watch.
BLDR stock is down after second-quarter earnings and sales miss estimates, with weaker housing demand and a lower 2026 outlook adding to investor concerns.
QCOM's Q3 revenues beat estimates as auto and IoT growth offset handset weakness, but higher costs weighed on earnings and squeezed margins.
Investment management company Vulcan Value Partners recently released its second-quarter 2026 investor letter. A copy of the letter can be downloaded here. Vulcan Value Partners prioritizes long-term returns and lower risk over short-term performance. In the quarter, the Large Cap Composite (Net) returned 9.5%, the Small Cap Composite (Net) returned 13.3%, the Focus Composite (Net) returned 10.4%, the […]
The leveraged hedge fund is working with prime brokers to reduce positions after a July sell-off hit AI infrastructure longs and software shorts, reversing a 439% first-half gain.
ServiceNow stock has fallen 40.8% over the past year, yet the valuation checks still lean expensive rather than cheap, which raises questions about how much of the recent AI and cybersecurity story is already reflected in the price. Over the last 12 months the share price declined 40.8%, which suggests a lot of optimism has already unwound even as the business continues to attract attention around its AI platform and security offerings. Partnerships and product expansion around the...
Ferrari N. V. (NYSE:RACE) reported second-quarter results that came in below Wall Street expectations, but investors welcomed the company’s improved full-year outlook, sending the luxury automaker’s shares about 5% higher in premarket trading.
Vertiv just had its worst month in over a year despite five straight earnings beats, a record backlog, and nearly every analyst on Wall Street still calling it a buy. The disconnect between price and conviction rarely gets this wide for a company this size.
Circle Internet Group (NYSE: CRCL) is a popular cryptocurrency firm that is best known for its USDC stablecoin. It recently acquired IBM's blockchain patent portfolio, adding more than 680 patent families and nearly 1,000 issued patents worldwide to its intellectual property. The company is ...
Altria Group Inc. (NYSE:MO) shares fell nearly 4% after the tobacco company reported second-quarter earnings that came in slightly below Wall Street expectations, despite revenue exceeding forecasts.
Meta Platforms stock cratered Thursday after a quarterly report that beat on revenue but raised serious questions about where billions in AI spending actually leads, and Wall Street's response was swift and brutal.
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