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Mobileye Global Inc (MBLY) reports a 46% increase in adjusted operating profit and expands its operating margin, while navigating challenges in revenue growth and robotaxi scaling.
On July 23, Citi lowered its target to $235 from $400, a roughly 41% reduction, while reiterating its Buy rating. The move follows a similar downgrade from JPMorgan on July 17, which cut its target to $196 from $283 while keeping an Overweight rating. Coinbase is scheduled to report Q2 ...
IBM says it’s acquiring HRL Laboratories to accelerate its roadmap in fault-tolerant quantum computing. But does that warrant buying IBM shares today?
Fortinet Inc (NASDAQ:FTNT) is set to report its second quarter results on July 29, with Jefferies analysts highlighting that the company needs to show an acceleration in product revenue growth to support investor confidence in the durability of its recent performance. The firm expects solid...
Shares of Tesla have tumbled around 15% on a disappointing quarter, and SpaceX has fallen 50% from its highs.
This ETF has outperformed in all recessions and bear markets since it debuted.
Verizon is discontinuing a customer support option it has offered for 18 years, a move that comes after recently announcing a series of layoffs. The carrier has undergone a transformation under new CEO Dan Schulman in recent months as it works to slow customer losses in its wireless business. This ...
Eric Trump-backed Foundation Future Industries said on Thursday it is partnering with AMD to use its chips to co-develop autonomous humanoid robots for military and industrial use. The son of U.S. President Donald Trump has been an investor in the start-up since early this year and serves as chief strategy advisor, the company said. The Trump family's investments in several companies have drawn scrutiny, particularly its stakes in defense firms that regularly compete for government contracts, raising concerns about potential conflicts of interest.
AMD launched its Helios rackscale systems to rival Nvidia's Vera Rubin-powered platform.
Ford and Chinese automotive company Geely Auto announced plans on Thursday to jointly manufacture low- and zero-emission vehicles at Ford's Valencia, Spain factory. The partnership is a bid to reignite Ford’s offerings for the European auto market as the legacy carmaker seeks to compete with the likes of fast-moving Chinese companies that are rapidly dominating auto sales across the globe. It comes amid challenges for the American electric vehicle market and increasing global geopolitical tensions driven by U.S. tariff policy.
Tesla recorded a $1 billion net gain on its investment in Space Exploration Technologies, commonly known as SpaceX, following its IPO last month, according to SEC filings. Elon Musk's electric vehicle company had a stake in SpaceX through a $2 billion investment his AI lab xAI made in January. When xAI and SpaceX merged in February, Tesla's share in the AI startup converted into equity in SpaceX.
Here are some of the biggest decliners in the Nasdaq Composite Index, recently down 2.3%: Tesla (TSLA), down 14% T-Mobile (TMUS), down 7.8% Alphabet (GOOG), down 6.5% Strategy (MSTR), down 6.
Blackstone (NYSE:BX) reported sharply higher second-quarter 2026 earnings as executives said the firm’s early and aggressive positioning around artificial intelligence infrastructure is driving investment performance, fundraising and new business formation across the platform. Weston Tucker, Blacks
Things have taken an unexpected turn after Wall Street is split over the most consequential crypto bill Congress has ever considered, and Goldman Sachs, one of the world's largest banks with $3 trillion in assets under management (AUM) just picked a side. Goldman Sachs Chairman and CEO ...
Nvidia stock slides below an early entry at 213.99 on Thursday. The move comes after Alphabet's earnings report late Wednesday.
Qualcomm and Samsung expanded their chip partnership this week, putting Snapdragon silicon inside nearly every new device in the Galaxy lineup. For over a decade, Samsung ran a split system, selling some flagship phones with its own Exynos processor and others with a Snapdragon chip depending on ...
The investment bank is reporting records all around, and shareholders are benefiting.
It's hard to get a handle on Tesla's current position in the market after two asymmetrical quarters. Tesla reported second-quarter revenue of $28.2 billion, a record that topped analyst estimates of $27.6 billion. However, the 33 cents per share the company reported missed estimates from analysts ...
Applied Materials is set to report its third-quarter results in August, and analysts expect a double-digit earnings increase.
ASML is the IBD Stock Of The Day as the Dutch semiconductor equipment giant holds strong after its beat-and-raise Q2 earnings report.
Seagate appears well-positioned to deliver another strong quarter, supported by robust demand for high-capacity storage solutions.
President Donald Trump’s threat of 100% tariffs on generic drugs would seem to be a problem for Teva Pharmaceutical. It might not be.
Frank Bisignano spied on colleagues when he worked at JPMorgan. Bisignano, who also is the chief of Social Security, denied he ever spied on co-workers.
Lawmakers are examining whether employees and intermediaries in China affected marketplace decisions.
The chipmaker raised its data center revenue forecast despite a softer near-term sales outlook.
Pool (NASDAQ:POOL) reported a modest increase in second-quarter 2026 sales while maintaining its adjusted earnings outlook, as recurring maintenance demand and gains in building materials helped offset continued weakness in new pool construction and discretionary spending. President and CEO John Wa
Freeport-McMoRan Inc (NYSE:FCX, XETRA:FPMB) reported stronger-than-expected second quarter 2026 results on Thursday, with earnings and revenue topping Wall Street expectations, although shares edged about 2% lower as investors weighed a slightly reduced near-term copper sales outlook. The...
Nasdaq's Q2 earnings beat estimates as index and FinTech growth lifted revenues, expanded margins and drove record Market Services results.
Moby summary of Visteon Corporation's Q2 2026 earnings call
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