High-signal headlines only - macro events, earnings, M&A, regulatory. Listicles and analyst clickbait filtered out by default. Refreshed hourly.
The lawsuit alleges that two former Apple employees now working at OpenAI stole confidential data including information about unreleased hardware products and technical specifications.
Rivian is producing more cars than it expected and just raised its full-year production guidance.
Delta CEO Ed Bastian says airline fares will stay elevated even if jet fuel prices moderate, as labor costs and inflation reshape the industry.
Company lowered revenue and EBITDA forecasts while accelerating its enterprise AI expansion strategy with Palantir.
The task force will "survey the pace, the reach [and] the economic impact of new general-purpose technologies, including AI."
Meta's stock is down more than 7% year to date. The company spent much of this year defending its decision to pour hundreds of billions of dollars into AI infrastructure, and investors who followed the Q1 earnings call on April 29 watched the stock drop another 6% to 7% after the company raised its ...
Delta Stock Dips After Earnings Crush and Confident Forecast
Investing.com -- The European Union issued preliminary findings on Friday accusing Meta Platforms Inc. of using addictive design features and disregarding risks to children on its Facebook and Instagram platforms.
Jul. 9—Dayton's Joby Aviation and rival Archer Aviation have been battling it out not just in a new industry, but in court and now before the U.S. International Trade Commission. The commission is investigating Joby based on a patent infringement and tariff evasion claim filed by Archer this year. How Joby is building its air taxi company in Dayton with workers who are 'production heroes' ...
Global investment banks and brokerages leading SK Hynix's mega share sale earned nearly $260 million in fees, a boost for the industry which took in a relatively modest $500 million from SpaceX's record share sale last month. The fees equate to about 0.97% of the total amount raised, SK Hynix's filings showed, meaning bankers earned more as a percentage of deal size than those who worked on SpaceX's initial public offering. SpaceX bankers earned 0.67% or $500 million of the $75 billion in an IPO which eclipsed the previous record set by Saudi Aramco in 2019, as well as SK Hynix's U.S. listing this week.
American Airlines (AAL) stock has been one of the market's leading comeback stocks this year. The company's shares have risen 21% since May and climbed 53% over the past year. It even touched a 52-week high of $18.05 on June 30, 2026. So when a firm that had been positive on the stock suddenly ...
(Updates with a response from the Attorney General's office in the second last paragraph.) Paramo
S&P Global Ratings announced Thursday that it was downgrading the credit ratings of the software and AI cloud computing giant from BBB to BBB-, one notch above speculative grade, or junk-bond, ratings. Oracle’s “growing AI infrastructure business is diluting its strong business risk profile,” S&P analysts wrote. The extra yield, or spread, that investors are demanding to hold Oracle’s 5.7% bonds due in 2036 was recently 1.84 percentage points, according to MarketAxess, up from 1.75 percentage points Wednesday.
Investing.com — Oracle Corp. (NYSE:ORCL) shares managed to gain 2.7% on Thursday, defying a credit rating downgrade from S&P Global Ratings. While shares edged slightly lower from their midday highs, the tech giant still traded firmly in positive territory. Investors chose to focus on Oracle’s staggering $638 billion backlog of cloud contracts rather than the immediately apparent threat to its balance sheet: S&P downgraded Oracle’s long-term issuer credit rating to ’BBB-’ from ’BBB’, retaining a
Food manufacturing companies continue to grow even as the jobs behind familiar grocery products shift. For shoppers, the change may not be immediately obvious, as snack bars, candy, crackers, and pet-food brands can still be on shelves at Walmart, Target, Costco, and other grocery chains. But ...
Sony’s move enraged thousands of gamers and brought on a lawsuit with the backdrop of rival Xbox’s restructuring amid video game industry challenges.
PepsiCo shares are down nearly 4% after the soda-and-snacks giant’s results showed that consumer cost pressure isn’t abating. "Will it change in the coming months? It all depends on the price of gas," CEO Ramon Laguarta said on an investor call Thursday.
Paramount’s stock fell as much as 9% in morning trading, as investor worries grow over the media company’s path to closing its Warner Bros. Discovery deal. Reuters reported late Wednesday that the Oregon attorney general’s office said Paramount told the office it wouldn’t close the $81 billion deal before July 22. Oregon had asked a court to order Paramount to hand over records and delay the deal by 60 days to review them.
PepsiCo Inc (NASDAQ:PEP, XETRA:PEP) shares fell about 4% on Thursday after the food and beverage company reported fiscal second-quarter adjusted earnings that came in slightly below Wall Street expectations, despite revenue topping estimates and the company reaffirming its full-year...
Investing.com -- Meta Platforms’ specialized AI division, Meta Superintelligence Labs, announced Thursday the release of Muse Spark 1.1. The updated multimodal reasoning model is specifically engineered to handle autonomous "agentic" workflows, boasting a massive one-million-token context window alongside major upgrades to coding and direct computer control. The release marks a significant push by Meta to lead the enterprise AI market. Alongside the consumer-facing rollout, the company launched
AstraZeneca and Ionis Pharmaceuticals shares are down roughly 8% and 20%, respectively, after the drugmakers said their heart therapy Wainua failed in a late-stage trial. The companies pointed to a smaller group of patients in the trial to show some potential for the drug: Patients who weren’t already taking either Pfizer or BridgeBio’s drug for this condition saw a relative risk reduction in major heart problems or deaths.
If you have ever caught yourself doom scrolling on Instagram or Facebook for hours on end and felt bad, don't; the technology is working exactly how it was intended to. Everything from the length and style of the Reels to the algorithms' encyclopedic knowledge of your likes and dislikes is designed ...
Investing.com -- Paramount Skydance shares fell 8% Thursday after Arete Research downgraded the media company to sell from neutral and slashed its price target to $2, a Street low, citing concerns about the debt burden from its planned merger with Warner Bros. Discovery.
Investing.com -- Bernstein revealed in a note on Thursday that it has downgraded Salesforce.com to Sector Weight from Outperform, removing its price target and citing weak customer feedback on the company's Agentforce artificial intelligence product.
KeyBanc downgraded Salesforce on views its AI strategy isn't jelling. Salesforce stock stumbled on the news as other software companies also retreated.
International markets drove top-line growth, but North American beverage volume fell 4% and the company warned of a gradual domestic recovery
(Bloomberg) -- The dominant tech trade of 2026 — buy chip stocks and sell software — is showing signs of falling apart.Most Read from BloombergMicrosoft’s Xbox to Shift Obsidian Studio to New ‘Fallout’ Video GameNvidia’s $1 Trillion Slide Sends Valuation to Pre-AI Boom LevelsTrump Vents Anger With Iran and Warns Ceasefire May Be ‘Over’US Military Launches Strikes on Iran for Second Straight DayGreece Offers Bounty to Catch Ravenous Fish Lured by Warming SeaSoftware stocks are coming to life afte
Paramount's (PSKY) $110 billion acquisition of Warner Bros. Discovery (WBD) could be faced with laws
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