PepsiCo’s next earnings report is set to be released Thursday afternoon, following a recent pullback in the soda and snack maker’s stock.
News
High-signal headlines only - macro events, earnings, M&A, regulatory. Listicles and analyst clickbait filtered out by default. Refreshed hourly.
Garmin will release its second-quarter earnings later this month, and analysts anticipate a single-digit bottom-line growth.
BlackRock's fund tracking the Nasdaq-100 index will begin trading Thursday, bringing new competition to a segment long dominated by Invesco's QQQ. The iShares Nasdaq 100 ETF is set to trade under ticker IQQ and charge an expense ratio of 0.
Generac Holdings is set to report second-quarter results soon, with analysts expecting double-digit EPS growth.
Amazon.com is looking to raise at least $25 billion through a U.S. dollar bond sale, Bloomberg News reported on Tuesday, in the company's latest push to fund its hefty AI investments. Tech companies have been tapping debt markets and launching equity sales to fund their costly AI infrastructure build-out. Big Tech, including Amazon, Alphabet, Microsoft and Meta, are expected to spend more than $700 billion on AI this year.
Wall Street analysts are rolling out sky-high price targets on SpaceX's shares this week, despite a bumpy few first weeks of trading for the rocket maker. JPMorgan set a $225 price target by end-2027. "SpaceX’s ambitions—and potential impact on humanity—are bigger than any company’s we’ve ever seen," the bank's analysts said.
Hub Group currently trades at $45.86 per share and has shown little upside over the past six months, posting a middling return of 1.9%. The stock also fell short of the S&P 500’s 8% gain during that period.
Investing.com -- Amazon.com Inc (NASDAQ:AMZN) started an eight-part U.S. investment grade bond sale on Tuesday, aiming to raise at least $25 billion.
(Bloomberg) -- Amazon.com Inc. is looking to raise at least $25 billion from a US dollar bond sale, its latest funding push as the company ramps up investment in artificial intelligence infrastructure.Most Read from BloombergGreece Offers Bounty to Catch Ravenous Fish Lured by Warming SeaMicrosoft’s Xbox to Cut 3,200 Jobs, Divest Five Studios in Major OverhaulTwo Millennium Trading Pods Made About $3.7 Billion Last MonthSaudis Slash Main Oil Price to Rare Discount as Market DivesChina Sentences
SpaceX offers a great test for whether passive index-tracking funds are distorting the stock market, with the rockets-to-tweets company’s entry to the Nasdaq-100 index today forcing the massive QQQ ETF to buy its shares. The provisional result is disappointing for investors who thought automatic index buying would boost SpaceX shares. Despite being added to the FTSE Russell, CRSP and MSCI indexes collectively tracked by hundreds of billions of dollars, SpaceX’s price at yesterday’s close was a few cents below the close on its first day of trading.
(Bloomberg) -- Standard Nuclear Inc., a maker of fuel for nuclear reactors, is seeking to raise as much as $383 million in a US initial public offering.Most Read from BloombergGreece Offers Bounty to Catch Ravenous Fish Lured by Warming SeaMicrosoft’s Xbox to Cut 3,200 Jobs, Divest Five Studios in Major OverhaulTwo Millennium Trading Pods Made About $3.7 Billion Last MonthSaudis Slash Main Oil Price to Rare Discount as Market DivesChina Sentences Official to Death Over $325 Million in BribesThe
Investing.com - U.S. stock futures hovered around the flatline on Tuesday as investors weighed the durability of the artificial intelligence rally alongside renewed tensions in the Middle East.
The stock market has broadened in a way many investors have been waiting years to see. While artificial intelligence has helped create more than a dozen trillion-dollar companies and kept mega-cap technology stocks in the spotlight, smaller companies have quietly staged an even stronger comeback. Over the past 12 months, the Russell 2000 has gained ... Will the Federal Reserve Crush the Small-Cap Stock Revival?
(Bloomberg) -- Norm Ai has raised $120 million from investors in a new funding round to help automate legal services and rethink how the industry bills for its work. Most Read from BloombergGreece Offers Bounty to Catch Ravenous Fish Lured by Warming SeaMicrosoft’s Xbox to Cut 3,200 Jobs, Divest Five Studios in Major OverhaulTwo Millennium Trading Pods Made About $3.7 Billion Last MonthSaudis Slash Main Oil Price to Rare Discount as Market DivesChina Sentences Official to Death Over $325 Million
(Bloomberg) -- The higher the rally in technology high-flyers, the louder the anxiety around a new wave of turbulence in the group.Most Read from BloombergGreece Offers Bounty to Catch Ravenous Fish Lured by Warming SeaMicrosoft’s Xbox to Cut 3,200 Jobs, Divest Five Studios in Major OverhaulTwo Millennium Trading Pods Made About $3.7 Billion Last MonthSaudis Slash Main Oil Price to Rare Discount as Market DivesChina Sentences Official to Death Over $325 Million in BribesThe Cboe NDX Volatility I
Prediction market traders are betting serious money on which AI giant hits the public markets first, and the crowd favorite is not the name dominating the headlines. The odds on Polymarket tell a story that flips the conventional wisdom about OpenAI, Anthropic, and Databricks completely upside down.
SpaceX and Adam Jonas! It’s a dream collaboration, where “dream” can mean any of these . . . Here’s paragraph one of the Morgan Stanley’s SpaceX...
Investing.com -- RBC Capital lifted its price target on Tesla to $500 from $475 in a note on Tuesday, incorporating a premium tied to a potential combination with SpaceX, while also updating its standalone intrinsic valuation of the electric vehicle maker.
A high rate of continuous glucose monitor adoption and low level of automated insulin delivery system penetration make Spain an attractive market for Insulet.
July 7 () - Chinese startup DeepSeek is developing its own AI chip, according to three people familiar with the matter, a push that could reduce its reliance on Nvidia and Huawei chips, which it has depended on to train and run its globally popular models. The chip is designed for inference — the stage of AI computing in which a trained model generates responses for users — rather than for training new models, the sources said.
Carvana is set to announce its second-quarter earnings this month, and Wall Street expects a double-digit rise in its profits.
📣 "Investors are not walking away from the AI story, but they are asking whether a sector priced for perfection can keep delivering perfection into earnings season." —Tickmill Group analyst Patrick Munnelly, on a global chip-stock slide triggered by a robust earnings update from Samsung Electronics.
(Bloomberg) -- With the dust settling on another World Cup squabble, one thing is already clear: FIFA boss Gianni Infantino is looking stronger than ever. Most Read from BloombergGreece Offers Bounty to Catch Ravenous Fish Lured by Warming SeaMicrosoft’s Xbox to Cut 3,200 Jobs, Divest Five Studios in Major OverhaulTwo Millennium Trading Pods Made About $3.7 Billion Last MonthSaudis Slash Main Oil Price to Rare Discount as Market DivesChina Sentences Official to Death Over $325 Million in BribesT
Some investors may be eyeing SpaceX for the wrong reasons.
(Bloomberg) -- For years, the Magnificent Seven tech giants commanded investors’ attention, dominating the S&P 500 Index and determining which way the overall stock market was headed. Those days are over.Most Read from BloombergGreece Offers Bounty to Catch Ravenous Fish Lured by Warming SeaMicrosoft’s Xbox to Cut 3,200 Jobs, Divest Five Studios in Major OverhaulTwo Millennium Trading Pods Made About $3.7 Billion Last MonthSaudis Slash Main Oil Price to Rare Discount as Market DivesChina Sentenc
MARKETS AM NEWSLETTER Blowout results from Korean chip maker Samsung fell flat as investors got cold feet about sky-high prices for memory stocks. Tech stocks look set to open lower on the very day that SpaceX will appear in the most popular vehicle U.
Albemarle is set to announce its second-quarter earnings soon, and Wall Street expects a significant surge in its profits.
By Fanny Potkin SINGAPORE, July 7 (Reuters) - Chinese authorities have held meetings with top tech firms over the past month about potentially restricting overseas access to China's most advanced AI
US stock index futures traded cautiously on Tuesday after the Dow Jones Industrial Average reached a record high in the previous session, while investors weighed another strong earnings update from Samsung Electronics (USOTC:SSNHZ) alongside fresh comments from Federal Reserve Governor Christopher Waller. Futures pause after Wall Street recordsBy 03:02 ET (07:02 GMT), futures linked to the Dow Jones Industrial Average were little changed.
Kraft Heinz is expected to announce its second-quarter earnings soon, and Wall Street expects its EPS to decline in the double digits.