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Stocks were mixed, with the Nasdaq composite retreating after U.S. equities closed out a blockbuster quarter Tuesday.

Find insight on U.S. stocks, homebuying trends, Bitcoin ETFs and more in the latest Market Talks covering Financial Services.

Meta said on Wednesday its chief marketing officer Alex Schultz will become the ‌company's first chief data officer, to better manage ‌AI analytics globally. The Facebook-parent also promoted its vice president of consumer ​marketing and growth, Denise Moreno, to marketing chief. • "My focus in this new role will be helping transform how Meta learns and makes decisions in the AI era," Schultz ‌said in a LinkedIn ⁠post.

By Nqobile Dludla JOHANNESBURG, July 1 (Reuters) - Google has exceeded a five-year target to invest $1 billion in Africa, it said on Wednesday, as it made public initiatives on infrastructure and

Together AI on Wednesday said it has raised $800 million in a funding round led ‌by Aramco Ventures, more than doubling the artificial intelligence ‌startup's valuation to $8.3 billion. Founded in 2022, the startup's platform lets companies train ​and run AI workloads on open models such as DeepSeek, MiniMax and Kimi at lower costs than closed systems.

Kroger’s $1.65 billion deal for supermarket chain Giant Eagle is a bet on the East. Giant Eagle’s nearly 200 stores would expand Kroger’s foothold in Ohio, West Virginia, Maryland and Indiana, and add Pennsylvania, ratcheting up the grocery industry’s turf war.

U.S. Vice President J. D. Vance recently disclosed holding Bitcoin (BTC) valued between $250,001 and $500,000. As per the recently released certified annual financial disclosure report (OGE Form 278e), Vance holds Bitcoin in a Coinbase account and the holding generated no income or less than ...

Bending Spoons’ listing comes after U.S. IPOs raised a record haul in the first six months of the year.

Micron Technology (MU) became one of the world’s most valuable companies in 2026, but not too long ago, it was a four-person consulting firm operating out of the basement of a dental office in Boise, Idaho. Now, it has millions of owners, including company executives, institutional investors like ...

Micron's earnings confirm Sandisk's tailwinds will get even stronger.

By Supantha Mukherjee STOCKHOLM, July 1 (Reuters) - A Swedish court on Wednesday ordered Alphabet's Google to pay about $1.5 billion in damages to PriceRunner, the price comparison business owned by

iHeartMedia trades at $4.44 and has moved in lockstep with the market. Its shares have returned 6.9% over the last six months while the S&P 500 has gained 8.5%.

Parents are planning to spend almost $500 per child this back-to-school season, but most won't be shopping at Macy's or Kohl's. Retail giant Walmart is the overwhelming first choice as consumers prioritize value and convenience. Despite rising prices driven by inflation and the high cost of ...

OUST shares closed at $62.52 on June 30, 2026, extending a 189% year-to-date gain driven by Rev8 lidar compliance with federal infrastructure funding rules and a string of new partnership agreements.

Three months ago, Goldman Sachs was warning clients that the U.S. economy had a one-in-four chance of tipping into recession. The bank just cut that number by 10 percentage points, and the reason has nothing to do with anything the Federal Reserve did. Goldman Sachs chief economist Jan Hatzius ...

Investing.com -- Sony Interactive Entertainment dealt the physical gaming market a landmark blow on Wednesday, announcing that disc production for all new PlayStation games will cease in January 2028, a watershed moment for console gaming. The company's own data shows that nearly four in five full-game purchases on PS4 and PS5 were made digitally over the past year, providing the commercial rationale for a policy that applies to every publisher, not just Sony's first-party titles.

U.S. stocks were in the red, with the Nasdaq composite retreating the most after U.S. stocks closed out a blockbuster quarter with a bang.

Costco has built itself a loyal following by giving members access to bulk bargains nearly every day of the year. And it's clear that members are more than willing to pay their annual fees for Costco access. During Costco's third quarter 2026 earnings call, the company reported $1.37 billion in ...

A Swedish court determines the Alphabet-owned tech giant favored its own shopping service in search results.

Goldman Sachs, Wells Fargo, and Citigroup all passed the Fed's 2026 stress tests and plan dividend increases of up to 12%, with yields ranging from roughly 1.9% to 2.4%.

The Patent and Market Court in Stockholm ruled Google unlawfully favored its own shopping comparison service, though the award fell well short of what PriceRunner sought

Sony said on Wednesday it will stop producing physical discs for all new games ‌released on PlayStation consoles from January 2028, marking a ‌full shift to digital distribution as consumer purchases continue to move online. Digital ​downloads accounted for about 80% of Sony's full-game software sales in fiscal 2025, according to the company, reflecting a years-long shift toward digital game purchases. The Japanese entertainment and technology company ‌said new PlayStation titles ⁠released from January 2028 will be sold through the PlayStation Store and by retailers in ⁠digital formats only.

Comcast is set to announce its second-quarter results this month, with analysts forecasting double-digit decline in its bottom-line figure.

(Bloomberg) -- Sony Group Corp. will end production of physical discs for its PlayStation video-game consoles starting in January 2028, going all in on a digital approach that will require consumers to download titles from the company’s online storefront moving forward.Most Read from BloombergSpaceX IPO Left Mirae With No Shares on MisunderstandingTrump Reports at Least $1.4 Billion in 2025 Crypto EarningsSupreme Court Backs Birthright Citizenship in Blow to TrumpDemocratic Socialist Ousts 15-Te

The French energy company plans to fold Cognite into AVEVA, its industrial software unit, pending regulatory approval

TimesSquare Capital Management, an equity investment management company, released its “U.S. Mid Cap Growth Strategy” first-quarter 2026 investor letter. A copy of the letter can be downloaded here. The Strategy fell 7.72% (net) in the quarter compared to -6.35% for the Russell Midcap Growth Index. In the first quarter, markets navigated geopolitical tensions and economic resilience alongside […]

Since July 2021, the S&P 500 has delivered a total return of 72.2%. But one standout stock has more than doubled the market - over the past five years, Toll Brothers has surged 179% to $164.09 per share. Its momentum hasn’t stopped as it’s also gained 21% in the last six months thanks to its solid quarterly results, beating the S&P by 12.6%.

Investing.com -- Wolfe Research has upgraded Fox Corp. to Outperform from Peer Perform in a note on Wednesday, setting a $71 price target and arguing that the company's planned merger with Roku creates a more dynamic growth story than the market is currently pricing in.

Watchdog says company restricted app store competition.

A Swedish court ordered Alphabet’s Google to pay Klarna $1.97 billion in damages after the buy now, pay later company won an antitrust case alleging that the search giant engaged in anticompetitive practices. Klarna’s price-comparison unit, PriceRunner, sued Google in 2022 in Swedish court. PriceRunner alleged Google was giving preferential treatment to its own price-comparison service in its search results.