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Wells Fargo & Company on Tuesday reported stronger-than-expected second-quarter results as higher fee income, investment banking activity and net interest income lifted revenue. The bank reported adjusted earnings of $1.96 per share, beating the Wall Street consensus estimate of $1.72....

Find insight on Svenska Handelsbanken’s loan book, China’s markets and more in the latest Market Talks covering financial services.

Meta Platforms is in talks to lease computing power to Anthropic ‌in a potential deal worth as ‌much as $10 billion over two years, the New York ​Times reported on Friday, citing three people with knowledge of the discussions. Such a deal would help Meta ⁠diversify beyond its core advertising business by generating new revenue from its infrastructure investments and ​directly pitting ​it against CoreWeave and ​Nebius, as growing ‌adoption of advanced tools drive up the need for computing capacity. Anthropic had proposed the deal in June and Meta is considering it, the report said.

Netflix stock declined 11% on Thursday morning, after investors raised concerns about Netflix's future growth following its second-quarter earnings report.

CoreWeave has launched a $2.6 billion first-lien delayed-draw term loan (DDTL) to support the acquisition and installation of graphics processing units (GPUs), according to sources. A lender call is scheduled for 10 a.m. ET Monday, July 20, and commitments are due by noon ET Thursday, July 30. Price talk for the DDTL maturing in September 2031 is S+425-450, with a 0% floor and an OID of 99. That works out to a yield to maturity of 8.53%-8.79%. The DDTL is available until December 2026, with an u

When gas prices go up, consumers generally shift their spending away from other areas because, in many cases, driving isn't optional. "Faced with higher gasoline bills, some households may be inclined to trim their spending on other things. In the April Consumer Checkpoint, we discussed how some ...

A coalition of 12 U. S. states has launched an antitrust challenge against the proposed $110 billion merger between Paramount Skydance and Warner Bros.

Aehr Test Systems beat quarterly estimates and issued FY2027 revenue guidance of $130-$150 million, backed by a $100.6 million backlog and improved gross margins.

It had to happen. After the June 11 market close, Elon Musk took his Space Exploration Technologies Corp. (otherwise known as SpaceX) public. Price: $135 a share. Result: The company raised some $75 billion before expenses. The next day, when the shares could be traded, the shares reached $176.52, ...

Over the past six months, Avery Dennison’s shares (currently trading at $163.83) have posted a disappointing 10.1% loss, well below the S&P 500’s 11.4% gain. This might have investors contemplating their next move.

Milk brand Fairlife is pausing its production in the U.S. after a ransomware cyberattack breached the company's systems. Coca-Cola, which owns Fairlife, announced Thursday that its dairy company had identified “unauthorized access by a third party” to a portion of its systems, including those related to production. “Product quality and safety have not been impacted," Atlanta-based Coca-Cola said in a statement.

Tesla Inc (NASDAQ:TSLA) is heading into its second-quarter earnings report with robotaxis doing most of the talking. Bank of America reiterated its Buy rating on the stock and $460 price objective, pointing to the service's rapid expansion, a delivery number that blew past Wall Street...

SpaceX’s valuation has swooned over the past month, and as of late Friday morning was more than $1 trillion lower than its peak, according FactSet. The company’s market capitalization hit a recent peak at almost $2.7 trillion on June 16, four days after shares in the company made their trading debut. SpaceX’s stock was trading down almost 6% around 11:15 a.m. ET.

All three major US stock indexes were down Friday, as chipmakers led the way down on the final tradi

Netflix's (NFLX) "solid" H2 pipeline as well as a normalization in viewership post recent events wil

QS heads into Q2 earnings with wider loss estimates, limited revenue visibility and ongoing pilot-line spending.

Jabil (JBL) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

GE Aerospace (GE) posted a strong Q2 beat and raised its 2026 outlook, though lingering peak-afterma

GM heads into Q2 earnings with rising EPS estimates, as China restructuring and digital revenue growth may help offset weaker brand sales.

(Bloomberg) -- Lettuce supplier Taylor Farms told US regulators the company is preparing to issue a recall of ingredients linked to a diarrhea-causing parasite outbreak that’s sickened thousands in Michigan and nearby states, according to a document viewed by Bloomberg News.Most Read from BloombergChip Stocks Poised for Bear Market in AI Unwind: Markets WrapGoogle Gemini Launch Delayed as Tech Falls Short of Internal GoalsFCC Near Rulings Against Disney Over ‘The View,’ TV LicensesThailand Scrap

While reporting mixed second quarter earnings results, it's Netflix's (NFLX) disappointing third quarter outlook that's dragging the stock lower on Friday. BofA Securities senior media & entertainment analyst Jessica Reif Ehrlich addresses whether an acquisition is still on the table for the streaming giant after losing out on its bid for Warner Bros. Discovery (WBD).

The market is pricing Alphabet like a legacy ad company with an AI problem, and that gap between perception and reality is exactly where the opportunity lives ahead of the July 22 earnings report.

NEW YORK, July 17 (Reuters) - A New York state judge dismissed a lawsuit by a former JPMorgan Chase banker who in graphic terms said his former supervisor coerced him into sex and demanded his

GE Aerospace shares fell despite Q2 2026 earnings beats and raised full-year guidance, as investors weigh a rich 46x forward earnings valuation against a $210 billion backlog.

GOOGL heads into Q2 earnings with AI-fueled momentum in Search, Cloud and YouTube, even as heavy infrastructure spending pressures near-term margins.

Bank of America has announced senior appointments to ‌drive AI adoption and implementation across its ‌global markets group, according to an internal memo seen ​by Reuters on Friday. The bank named Kevin Milsom as head of platforms AI transformation, according to the memo by Ashok Krishnan, head of ‌platforms within ⁠the global markets group. Krishnan leads efforts to modernize technology and increase automation, ⁠including the rollout of generative AI tools and other new technologies.

"Shark Tank" investor Kevin O’Leary owns Tesla (NASDAQ:TSLA) stock — and by his own admission, that means signing up for a level of volatility most investors aren’t used to. "If you own Tesla stock like I do, you’re already used...

Netflix stock fell after the video streamer disappointed investors with soft Q3 guidance and reduced disclosures.

Intuitive Surgical (NASDAQ: ISRG) shares fell about 11% on Friday after the robotic surgery company reported second-quarter results that topped Wall Street expectations but disappointed investors with slower US procedure growth and a cautious full-year outlook. The company reported second...

The rocket launch leader scrapped its much-anticipated Starship launch, and there's a lot investors should know.