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It was a good day for the Magnificent Seven—at least some of them. Tesla stock ended Monday's session up 8.5%, perhaps riding the coat tails of SpaceX, which was up 7.1%. The two Elon Musk companies are tightly linked, jointly developing a chip fabrication complex in Texas.
Now leading an independent company, Jim Currier is navigating the booming—and demanding—defense and aviation industries.
NBCUniversal is eyeing opportunities in digital gaming and new entertainment franchises as the company weighs options for future growth after its planned spinoff from Comcast, according to three people with direct knowledge of the matter. Comcast’s cable and connectivity business, meanwhile, is ripe for technological investments that could take advantage of the massive surge in data centers and AI, these people said. No tie-ups have been discussed, and any potential deal would not happen until a period of time following the split, the people said.
EuroPac.com Chief Economist and Global Strategist Peter Schiff is escalating his attacks on Michael Saylor, arguing that the eventual unwinding of Strategy's Bitcoin position could prove more damaging to the crypto industry than Sam Bankman-Fried's collapse at FTX, and that Saylor himself could end ...
The drone maker’s revenue rose to $641.6 million from $275.1 million a year prior thanks to higher product sales and service revenue, it said.
<body><p>STORY: "I still think that they're going to be scheduled to release their stock and do an IPO later on this year in 2026. I don't see why not. The conditions are real good right now. The banks want to get paid," said Lang.</p><p>Lang said SpaceX's strong IPO and upcoming addition to the Nasdaq 100 on July 7 could encourage other high-profile AI companies, including Anthropic and OpenAI, to move toward public listings.</p><p>He said investor demand for SpaceX remains strong, with funds likely to keep buying as index-related demand increases.</p><p>The New York Times reported last week that OpenAI was considering delaying its IPO until 2027, citing people involved in the company's deliberations. Reuters has reported the company is targeting a valuation of up to $1 trillion.</p><p>According to the NYT, advisers presented OpenAI executives with the option of waiting until 2027 to seek a $1 trillion valuation or accepting a lower valuation for a quicker listing. CEO Sam Altman said any change to the trillion-dollar target was a non-starter.</p></body>
Investors are entering the second-quarter earnings season focused on whether heavy artificial intelligence spending by major technology companies will begin translating into stronger revenue growth, according to Wedbush Securities analysts. Wedbush wrote that recent weakness in large-cap...
Comcast stock soars on management’s plans for splitting telecom and media businesses. Here’s what that would mean for CMCSA shares.
The GM- and Tencent-backed autonomous-driving firm is seeking a nearly $9 billion valuation.
Nike might be one of the most recognizable brands in the world, but that is no longer enough for Wall Street. Shoppers have more choices in running shoes, lifestyle sneakers, and performance apparel than they did a few years ago. Adidas, On, Hoka, and New Balance have all become stronger ...
SkyBridge founder and former Trump advisor Anthony Scaramucci is standing firmly behind Michael Saylor, dismissing a wave of predictions earlier this summer that Strategy's Bitcoin-heavy balance sheet was headed toward liquidation. In a post on X early Monday, Scaramucci took aim at those who had ...
Wall Street sees strong demand for Innio’s gas-powered data center business, but many analysts say the AI power IPO already reflects much of that optimism.
Realty Income's 5.3% yield sits well above the S&P 500's average of approximately 1.1% as of June 2026, Yahoo Finance reported. Realty Income pays that kind of income on a monthly schedule, not the quarterly cadence that most dividend-paying companies follow. The San Diego-based real ...
By Munsif Vengattil, Aditya Kalra and Stephen Nellis NEW DELHI/SAN FRANCISCO, June 29 (Reuters) - Sensitive lists of components and suppliers, and photos of Apple's upcoming iPhone 18 Pro models are
Sensitive lists of components and suppliers, and photos of Apple's upcoming iPhone 18 Pro models are part of files posted on the dark web by the ransomware group that stole data from the U.S. firm's Indian supplier Tata Electronics, according to documents and a source. The exposure threatens the carefully negotiated business of building the iPhone, which Apple assembles from a thicket of suppliers worldwide. It could also upset Apple and its relationship with Tata given most of the supplier arrangements are fiercely protected by Apple, and could also hand rivals, counterfeiters and its own vendors a view of who makes what.
Investing.com -- Anthropic said on Monday its Claude family of artificial intelligence models is now available in Microsoft Foundry on Azure, running on NVIDIA’s GB300 Blackwell Ultra GPU systems, marking the AI startup’s first deployment on NVIDIA hardware.
The trades that make headlines are almost never the ones worth studying. The big number grabs the room. The small one, buried near the bottom of a filing, is usually where the thinking lives. For the first half of 2026, money moved in one direction with very little subtlety. Fund managers chased ...
China's ambassador to Canada, Wang Di, said the shipment would mark the first arrival of Chinese-built cars under a deal allowing up to 49,000 Chinese EVs a year into the country at lower tariff rates.
Federal disclosures revealed that President Donald Trump acquired between $1 million and $5 million in shares in February, just weeks before ICE reportedly issued a $220 million request to purchase tasers.
📣 “So where previously we believed that the scale and diversification benefits warranted operating these businesses as one company, we now have simply changed our mind about that.” --Comcast's Mike Cavanagh ...
RBC Capital Markets raised its 12-month target for the S&P 500 index amid expectations for a favorab
Seagate has been on fire lately. In the past six months alone, the company’s stock price has rocketed 220%, reaching $901.50 per share. This was partly thanks to its solid quarterly results, and the performance may have investors wondering how to approach the situation.
Strategy stock moved higher Monday after the company said it plans to buy back stock and sell bitcoin among many moves aimed at stemming a loss of confidence in the crypto-hoarding company. Today's announcement at Michael Saylor's firm follows a rough stretch for its stock.
Find insight on Robinhood Markets, Insurance Australia Group, Judo Capital and more in the latest Market Talks covering Financial Services.
Comcast’s action immediately prompted speculation that more deals could be coming in the consolidating media business.
Micron stock fell Monday on news of a federal civil antitrust lawsuit accusing it and two other memory-chip makers of price-fixing.
The bank’s top equity strategist thinks artificial-intelligence spending will be the big story again for this coming second-quarter earnings season.
Airbnb stock climbed back above a flat-base entry on Monday, as travel stocks got a boost from renewed U.S. and Iran peace talks. Meanwhile, analysts with Baird upped their price target for Airbnb while reiterating an outperform, or buy, rating.
Palantir Technologies (PLTR) is no longer simply another AI stock chasing the latest Wall Street craze. It’s emerging as one of the clearest tests of how much investors will pay for military AI. That’s significant for more than just hedge funds and defense analysts. A carefully watched stock among ...
Comcast's NBCUniversal said on Monday that its streaming service Peacock's Premium Plus tier is now available for subscription through YouTube Primetime Channels, expanding access to its content library. Here are some details: • The move allows subscribers to view a wide range of Peacock offerings directly within the YouTube platform, including live sports, popular NBC and Bravo series, original programming and Universal films. It follows a broader agreement between NBCUniversal and Google that was announced in late 2025.
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