(Bloomberg) -- Nvidia Corp.’s server assembly partner Hon Hai Precision Industry Co. reported a stronger-than-expected increase in quarterly sales, a sign of sustained AI demand.Most Read from BloombergWhy the Great American State Fair Looks So EmptyOil’s Supply Wave, Tumbling Prices Rekindle Fears of Global GlutBrazil Freezes $2 Billion, Pursues Arrests After US SanctionTankers U-Turn in Hormuz, With Some Taking Iran Route InsteadExxon to Change Name for First Time in Decades After RedomicileRe
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SanDisk Corp. (SNDK) closed out the holiday-shortened week as the Nasdaq’s biggest loser, ending Thursday at $1,745 a share, down 26% for the week, according to Seeking Alpha. Micron (MU), Western Digital (WDC), Seagate (STX) and Teradyne (TER) fell alongside it, each posting double-digit weekly ...
(Bloomberg) -- After losing out big on the global AI rally, Indian equities are regaining the attention of investors seeking to weather the latest market turbulence.Most Read from BloombergWhy the Great American State Fair Looks So EmptyOil’s Supply Wave, Tumbling Prices Rekindle Fears of Global GlutExxon to Change Name for First Time in Decades After RedomicileBrazil Freezes $2 Billion, Pursues Arrests After US SanctionTankers U-Turn in Hormuz, With Some Taking Iran Route InsteadWith the artifi
Investing.com -- U.S. President Donald Trump and Russian President Vladimir Putin discussed the war in Ukraine, the conflict involving Iran, and next week’s NATO summit during an 85-minute phone call on Saturday, Bloomberg reported, citing the Kremlin.
Monster Beverage (MNST) shares have spent the summer moving toward record highs, and Morgan Stanley just gave investors a fresh reason to keep watching. The bank reiterated its Overweight rating and $103 price target on the energy drink maker this week. Morgan Stanley is standing by a call it has ...
Investing.com -- The Trump administration is expanding its effort to reduce federal regulations, proposing to eliminate 702 existing rules across government agencies as part of its latest deregulatory agenda, Bloomberg reported.
The worst-performing "Magnificent Seven" stock of 2026 owns about a quarter of one of the biggest IPOs in the pipeline.
Meta Platforms (META) has spent much of the artificial intelligence boom asking investors to trust the bill. But now Wall Street might finally be getting a clearer answer on how Mark Zuckerberg plans to turn that spending into revenue. Meta is establishing a cloud business to sell spare AI ...
Michael Dell pledged $250 for the first 25 million qualifying children who sign up for Trump Accounts as the federal investment program officially launched on Independence Day.
Anthropic will likely start trading in the coming months.
Jim Cramer has named plenty of favorite stocks over the years. His recent pick was trading in the low $20s less than a year ago. On June 30, the "Mad Money" host told viewers that Intel is now his top pick in the market. He credited CEO Lip-Bu Tan with pulling off one of the sharpest turnarounds in ...
Delta Air Lines (DAL) is set to provide investors with their first major hint as to whether higher airfares are still holding. That’s important since airline stocks have been squeezed by two competing pressures in 2026. Unpredictable fuel prices have offset strong travel demand. Now Bank of America ...
If you retired in 2023 or 2024, your money market fund delivered yields above 5% on virtually no risk, according to CNBC. Millions of retirees responded by parking record sums in cash, treating short-term instruments as a complete income strategy. That approach worked in a specific rate ...
FedEx is selling FedEx Supply Chain to shipping giant CMA CGM for $1.4 billion, narrowing its focus to premium B2B shipping, logistics, and freight moves.
Apple (AAPL) is reportedly prepping for a 2027 hardware push that will go beyond the usual chip refresh. The Cupertino giant is testing new iPad Pro models and working on a redesigned MacBook Pro, a Bloomberg report cited by Seeking Alpha noted, setting up what could become one of its more ...
SpaceX stock is 19% off its peak.
An IPO rocket, a war rally and a new Fed gave investors plenty to think about. Plus: Our latest Financial Flashback, to the options-dating scandal 20 years ago.
Palantir Technologies is betting big on a simple idea: The U.S. government should never have to depend on someone else's AI model to protect the country. That idea is now a formal partnership. Palantir (PLTR) recently announced it is teaming with NVIDIA to give federal agencies and companies that ...
The recent Big Tech correction is a healthy reset, not a market crash. Big Tech capex remains the S&P 500's core engine. With falling gas prices driving down headline CPI and an impending dovish Fed pivot, current market levels offer an ideal entry point for a new historic rally.
(Bloomberg) -- Oil prices are tumbling everywhere as a peace deal between the US and Iran unleashes a wave of supply, overwhelming demand from buyers and prompting talk of a glut of crude.Most Read from BloombergWhy the Great American State Fair Looks So EmptyExxon to Change Name for First Time in Decades After RedomicileThe AI Trade Is Losing One of Its Key SignalsGermany Rejects Trump’s Demands for NATO Loyalty to WashingtonTrump Pardons Six People Pursued for ‘Fixing Their Car’It’s a staggeri
Phillips 66 is expected to release its fiscal Q2 earnings next month, and analysts project significant EPS growth.
Warehouse clubs like Costco are designed to help save consumers money. Buying in bulk can lower your cost per item, and the retailer is known for competitive prices on everything from groceries to electronics. Plus, the nice thing about buying Costco products is that the company stands behind ...
New Jersey will begin charging companies whose workers rely on Medicaid, as Democratic-led states look for new ways to fund the growing cost of public healthcare amid tightening federal rules, according to the Associated Press. Governor Mikie Sherrill (D-NJ) signed...
Businesses and governments are struggling to determine who will shoulder the costs of protecting critical infrastructure.
A new Fed chair isn't a panacea for the ideological gap between the president and the central bank over interest rates.
On June 12, Amazon engineers handed a report to the U.S. Commerce Department. Within hours, two of Anthropic's newest AI models went offline for every user on the planet. Nineteen days later, Anthropic got them back. The return of Claude Fable 5 to global availability on July 1 is the result of two ...
Investing.com -- Deutsche Telekom’s recent share price decline appears overdone, according to UBS, which argues that investor concerns over a potential merger with T-Mobile US and rising competition in the U.S. wireless market have overshadowed the company’s strong operating performance.
Synchrony provides card services to retailers, which can leave the company exposed to riskier consumers.