News

PepsiCo (NASDAQ:PEP) executives reaffirmed the company’s full-year outlook during its 2026 second-quarter earnings question-and-answer session, pointing to strong international momentum and improving global volumes while acknowledging that North America, particularly impulse channels tied to gasolin

Penguin Solutions (NASDAQ:PENG) reported record fiscal third-quarter results and raised its full-year outlook, citing accelerating demand tied to artificial intelligence infrastructure and memory products. Chief Executive Officer Kash Shaikh told investors that the company delivered “an exceptional

Onsemi (NASDAQ:ON)'s proposed acquisition of Synaptics could create long-term strategic benefits, with Bank of America writing that a meeting with management increased its confidence in the rationale and potential synergies of the transaction. The analysts wrote that Synaptics adds highly...

The task forces will study Fed communications, the balance sheet, economic data usage, productivity and jobs, and inflation.

Alibaba Group Holding (BABA) stock surged in premarket trading on Wednesday after a wave of good news landed at once. Just days earlier, Alibaba and Anthropic were trading accusations, not compliments, in a dispute over stolen AI technology and hidden tracking code. The rally proves those two ...

Costco’s stock fell 4% Thursday, on pace for its largest decline since April 2025, after it reported June sales figures that grew slightly less than the previous month. June sales rose 10.6%, the retailer said, down from 13.

The external advisers will lead five task forces that will re-examine how the central bank operates.

(Bloomberg) -- SK Hynix Inc.’s US share sale is set to boost an ailing vehicle that was once essential for Asian firms looking West, and Wall Street is hoping the frenzy for artificial intelligence infrastructure will encourage competitors to follow their path.Most Read from BloombergMicrosoft’s Xbox to Shift Obsidian Studio to New ‘Fallout’ Video GameNvidia’s $1 Trillion Slide Sends Valuation to Pre-AI Boom LevelsTrump Vents Anger With Iran and Warns Ceasefire May Be ‘Over’US Military Launches

MARA is acquiring a new site in Texas for as much as $600 million, and Hunterbrook put out a scathing short report on Bloom Energy.

Every billionaire obsession comes with a bill, and for a quarter century, one man has quietly paid his out of a single pocket. No shareholders. No bankers. No outside voices at the table. Just one founder, one improbable dream, and a steady drip of stock sales to keep the rockets coming. That ...

FedEx has launched a life sciences division, building on its healthcare logistics infrastructure to provide more end-to-end services. The post New FedEx life sciences unit integrates healthcare logistics capabilities appeared first on FreightWaves.

Investing.com -- Elon Musk said on Thursday that artificial intelligence startup Anthropic is "obviously" the current leader in AI, offering rare praise for a rival as competition intensifies among the industry’s biggest players.

Netflix Inc (NASDAQ:NFLX, XETRA:NFC) heads into its second quarter earnings report with Jefferies reiterating its ‘Buy’ rating and $110 price target, while writing that it sees limited scope for a sustained near-term re-rating despite maintaining a positive long-term outlook on the streaming...

China's fourth-largest DRAM maker seeks at least $4.3 billion to expand AI memory-chip production.

Emily Roland, Co-Chief Investment Strategist at Manulife John Hancock Investment Management, delivered a two-sided message on CNBC this morning: the fundamentals underpinning technology stocks are the strongest she has ever seen, yet the concentration those returns have created is rewriting the risk profile of nearly every diversified portfolio. Her framing captured the current market in ... Top Wall Street Strategist: Tech Earnings Are the “Best I’ve Seen in My Career.” Here’s the Catch.

SpaceX shares are still trading well above their initial public offering price. Investors are eagerly anticipating IPOs by Anthropic and OpenAI. And Korean chipmaker SK Hynix is preparing for a blockbuster U.

SpaceX bond spreads widened relative to Treasurys for the fourth trading day in a row Thursday, according to MarketAxess. SpaceX sold the $25 billion worth of debt due in 2036 at a 1.4 percentage point spread to Treasurys shortly after the rocket maker went public in June. The securities are now yielding 1.7 percentage points more than Treasury bonds.

By Pete Schroeder WASHINGTON, July 9 (Reuters) - Wall Street surged on Thursday while oil prices retreated, as investors focused on optimism around strength in technology shares and the overall

Why Chipotle’s upcoming Q2 earnings are driving fresh attention Chipotle Mexican Grill (CMG) is drawing attention ahead of its Q2 2026 earnings release, as investors compare a projected slight EPS decline with expectations for healthy revenue growth and ongoing margin pressure from higher input costs. The setup creates a straightforward question for anyone following the stock: can Chipotle’s growing restaurant base and digital scale justify recent share price moves even as earnings...

Expectations are high for Q2 earnings reports from several major companies.

SanDisk (NASDAQ:SNDK) could see upside in its upcoming fiscal fourth-quarter 2026 report, according to Wedbush Securities, which raised its price target on the stock to $2,000 from $1,200. The semiconductor firm's management had guided fiscal fourth-quarter sales to a range of $7.75 billion...

Live sports are the last thing on American television that everyone still watches at the same moment. Scripted hits get binged alone. Award shows shed viewers every year. But when the national team plays a knockout match in July, tens of millions of people show up at once, and advertisers pay ...

I have covered AMD twice this July. First, Goldman Sachs raised its price target to $640 from $450 on July 5. And before that, when Wells Fargo made the same fundamental argument at the start of the month. Both times, the central thesis was the same: The server CPU story is being ...

Delta Air Lines reported results Friday morning.

Delta Air Lines will report second quarter results Friday morning, with investors hoping growth in the premium business would continue to blunt issues like rising fuel costs, and capacity cuts stemming from those expenses.

Investing.com -- Citizens began coverage of Tesla with a Market Perform rating on Thursday, citing concern that valuation expectations for the company's Optimus robot and Robotaxi products imply too near a launch timeline.

In early July 2026, Chipotle Mexican Grill appointed independent director Albert Baldocchi to its Audit and Risk Committee to meet SEC and NYSE independence requirements, while the stock was reclassified across several Russell indices including additions to the Russell Midcap Index and Russell 1000 Dynamic Index. These governance and index changes come as investors watch Chipotle’s upcoming July 29 earnings report, weighing revenue growth against margin pressures, negative comparable sales,...

Kura Sushi USA (NASDAQ:KRUS) reported higher fiscal third-quarter sales and improved restaurant-level profitability despite negative comparable sales and continued pressure from tariffs on imported ingredients, executives said on the company’s earnings call. President and CEO Hajime Uba said the co

TSM stock is trading sideways after hitting a recent high. TSMC's profit is expected to rise 46% in its second quarter.

(Bloomberg) -- Microsoft Corp. said its carbon emissions climbed 25% in 2025, making it the latest technology company to report a setback in its efforts to erase emissions amid heavy spending on artificial intelligence data centers. Most Read from BloombergMicrosoft’s Xbox to Shift Obsidian Studio to New ‘Fallout’ Video GameNvidia’s $1 Trillion Slide Sends Valuation to Pre-AI Boom LevelsTrump Vents Anger With Iran and Warns Ceasefire May Be ‘Over’US Military Launches Strikes on Iran for Second S