The Chinese giant isn't completely insulated from those higher tariffs and tighter restrictions.
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Despite notable stock declines today, memory makers like Micron Technology, Samsung and SK Hynix are far and away the best performers among trillion-dollar technology companies this year. Some of the moves this past week help explain why.
Oracle shares sink on reports that OpenAI is considering delaying its highly anticipated IPO. Here’s why such a development would be bearish for ORCL stock.
The Federal Communications Commission’s first spectrum auction after a four-year hiatus. brought in upwards of $3.5 billion in total, the agency said.
June 26 - S&P Global affirmed its "AA+" credit rating for the U.S. on Friday, saying the economy's resilience supported solid fiscal revenue collection.
Nike is set to report earnings Tuesday afternoon, with traders expecting a big move in the athletic apparel maker's stock.
What a brutal six months it’s been for Kratos. The stock has dropped 40.3% and now trades at $46.40, rattling many shareholders. This may have investors wondering how to approach the situation.
Most of the U.S. stock market rose after oil prices eased back to where they were before the war with Iran, but drops for AI stocks kept the market in check. The Dow Jones Industrial Average fell 0.1%, and the Nasdaq composite lost 0.2%. The Nasdaq composite fell 60.99 points, or 0.2%, to 25,297.62.
Stock indexes closely tied to AI fell Friday. Japan’s benchmark index slid more than 4%, weighed down by a 13% plunge in SoftBank Group’s shares, after a media report suggested OpenAI could hold off going public until next year. The PHLX semiconductor index dropped about 5%, while the Roundhill Memory ETF fell 6.5%.
(Bloomberg) -- This week’s tech rout did more than puncture one of the year’s hottest trades: it exposed the machinery of modern speculation — and how quickly it can work in reverse.Most Read from BloombergLutnick Delayed Canada Bridge Debut to Seek Bigger Cut of Toll RevenueIndonesia Opens Door to Dirty Money to Fund Prabowo’s PlansApple Shares Sink After Price Hikes Hit iPads and MacsOman Tells Allies Ships Going Through Hormuz May Have to PayMamdani Rent Freeze Cheers Weary Tenants, Alarms La
Stocks took an early hit on news that ChatGPT parent OpenAI might push its public offering to 2027, and a midday recovery faded into the close.
The power trend has generated impressive gains. Get ready to deal with whatever comes next with five guidelines for how to invest.
Apple Inc. is losing a pillar of its spatial computing ambitions to OpenAI. Paul Meade, the Vice President overseeing the Vision Pro headset and Apple’s upcoming smart glasses, is departing the tech giant. Meade will exit Apple by next week to spearhead OpenAI’s burgeoning hardware division, according to a Bloomberg report. At OpenAI, he is tasked with bringing a new family of AI-native devices to life. Neither company has officially commented on the move. Meade isn’t just a manager; he’s an arc
(Bloomberg) -- Apple Inc.’s top executive in charge of the Vision Pro headset and the company’s smart glasses efforts is leaving for OpenAI, continuing a streak of high-profile defections to rivals in the artificial intelligence and hardware sectors.Most Read from BloombergLutnick Delayed Canada Bridge Debut to Seek Bigger Cut of Toll RevenueIndonesia Opens Door to Dirty Money to Fund Prabowo’s PlansApple Shares Sink After Price Hikes Hit iPads and MacsOman Tells Allies Ships Going Through Hormu
Could a delayed mega-IPO be the first crack in the AI spending boom?
Within three miles of my house, I have two Publix stores, an Aldi, a Fresh Market, a Target with a full grocery section, a Walmart, and a BJ's Wholesale under construction. There's a Sprouts a little further away, as well as multiple Dollar General locations and a locally owned farmer's ...
IPO Stock Of The Week: Aerospace and defense leader Loar stock broke out past its latest buy point in recent sessions amid a volatile market.
Verizon Communications successfully bid nearly $3.2 billion for wireless licenses in a Federal Communications Commission auction for mid-band spectrum, the agency said Friday. AT&T, T-Mobile and Space X also won spectrum licenses in the auction that raised about $3.5 billion. T-Mobile successfully bid $278 million, T-Mobile $121 million and Space X $8.5 million, the FCC said.
Investing.com -- A strong earnings showing for one memory stock was overshadowed by a rotation out of technology and into more defensive names, while Bitcoin's slide below $60,000 hit crypto-linked stocks over the past few days.
A chief financial officer transition at Nike has some on Wall Street rethinking — and lowering — future earnings per share forecasts.
(Bloomberg) -- Uber Technologies Inc. is tightening driver background checks in the US and applying the new standards retroactively to existing workers, the company’s latest response to a wave of sexual-assault lawsuits brought by passengers.Most Read from BloombergLutnick Delayed Canada Bridge Debut to Seek Bigger Cut of Toll RevenueIndonesia Opens Door to Dirty Money to Fund Prabowo’s PlansApple Shares Sink After Price Hikes Hit iPads and MacsMamdani Rent Freeze Cheers Cost-Weary Tenants, Alar
Moderna shares were up more than 10% Friday after the biotech company revealed a new effort to make a treatment for autoimmune disorders and outlined several experimental drug projects that could help it diversify beyond Covid-19 vaccines in coming years.
Delta Air Lines will kick off second-quarter earnings season for major airlines on July 10, and things have been looking up for the group
Investing.com -- President Donald Trump said on Friday that the United States will impose a 100% tariff on all imports from countries that levy digital services taxes on American companies, escalating tensions over taxation of U.S. technology firms. In a post on Truth Social, Trump said several European countries are considering digital services taxes and warned that any nation adopting such measures would face immediate 100% tariffs on all goods exported to the United States, and adding that th
Investing.com -- The United Nations' International Maritime Organization said Friday that approximately 80 mines remain in historic shipping lanes in the Strait of Hormuz, highlighting the challenge of restoring normal operations in the critical oil transit route.
JPMorgan's head of global markets strategy Dubravko Lakos-Bujas published the bank's mid-year outlook on June 24 with an admission buried near the top. The firm had been "much too cautious" on earnings coming into 2026. The scale of upward revisions the market delivered, he wrote, has no modern ...
Micron's outlook eased chip-demand fears, but inflation concerns quickly reignited volatility across AI-focused stocks.
On CNBC’s Closing Bell Overtime Thursday, the conversation circled back to the question every AI investor is now asking out loud. When do OpenAI and Anthropic stop pretending they want to stay private? The reporters laid out a clock that is mostly running on revenue physics. Anthropic’s revenue is up roughly 4x from last year, ... OpenAI vs. Anthropic: The Race to IPO Before the AI Hype Peaks Is On
Investing.com -- Iraq's Oil Ministry said Friday that OPEC has started to gradually restore the country's pre-war production allocations. The ministry stated this move would strengthen Iraq's output capacity and support the recovery of its oil sector.
The last of 2026's three most anticipated AI IPOs is now leaning toward waiting