SpaceX stock slid on Wednesday, breaching a crucial price level.
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SpaceX (SPCX) shares slid on Wednesday, breaching a crucial price level.
SpaceX shares are on watch Wednesday morning after another down day for the stock, and a crucial level almost breached.
Skittish investors pushed Elevance shares down, as they focused on worries about its Medicaid business. CEO Gail Boudreaux said the insurer’s Medicaid results were roughly what it expected, but the company is leaving the District of Columbia’s Medicaid market and plans to exit others over the next year to 18 months.
Shares closed just $1 above the IPO price as Wall Street remains broadly bullish despite continued selling pressure.
OpenAI still plans a year-end device reveal, but Apple's lawsuit, ecosystem strength and rising component costs may complicate its hardware push.
Heartland Advisors, an investment management company, released its second-quarter 2026 investor letter for the “Heartland Value Plus Fund”. A copy of the letter can be downloaded here. Small-cap stocks rose in the second quarter, with the Russell 2000® Index increasing 21.49%, outpacing the 15.20% gain for the S&P 500 Index. The artificial intelligence trade continues […]
Johnson & Johnson (NYSE:JNJ) reported better-than-expected second quarter results and raised its full-year 2026 outlook, as strong pharmaceutical sales helped offset headwinds from products facing patent competition. The healthcare company posted adjusted earnings per share of $2.90 for...
TRV's Q2 results may benefit from pricing, premium growth and higher investment income, though storm losses can weigh on profitability.
A dividend is one of the few promises a company cannot quietly fake. Guidance gets walked back. Buybacks get paused the moment a quarter turns ugly. But a cash payment wired to shareholders every 90 days is a firm putting real money behind its own story, quarter after quarter, with nowhere to hide. ...
Fresh signs of cooling U.S. inflation revive demand for Treasuries, pushing yields down. June producer price index falls 0.3%. Ex-food and energy, PPI rises 0.2%. Both measures come below WSJ consensus forecast.
The Cloud Infrastructure Services Providers in Europe (CISPE) has joined forces with four other trade groups to urge EU antitrust regulators to suspend some business practices of U.S. chipmaker Broadcom, according to a joint letter seen by Reuters. CISPE , which has nearly 50 members across Europe and counts Microsoft and Amazon as associate members, in March asked for an interim measure on its own after Broadcom last year revamped its VMware cloud service provider ecosystem, which it acquired in 2023.
The judge ruled that federal law protects Apple from claims tied to content uploaded by users.
Every incentive comes with a message. There's the money, the part that shows up in your bank account. And there's the meaning underneath it, the quiet signal about who a government wants to help and who it would rather push to the back of the line. Electric vehicles have had a rough year. ...
The streaming service reports critical financials on Thursday afternoon. Let's hope cameras are rolling.
Zebra Technologies is expected to announce its second-quarter earnings in August, and Wall Street forecasts a double-digit increase in its bottom line.
Morgan Stanley (NYSE:MS) reported record second-quarter 2026 results, with executives citing strong client activity across institutional securities, wealth management and investment management, as well as continued benefits from the firm’s integrated business model. Chairman and Chief Executive Off
Johnson & Johnson (NYSE:JNJ) raised its full-year 2026 outlook after reporting second-quarter sales growth that management said was supported by strength in Innovative Medicine, new product launches and a broad portfolio that helped offset continued pressure from STELARA biosimilar competition.
Aehr Test Systems targets $130M-$150M in fiscal 2027 revenues as AI processors, silicon photonics and record backlog fuel a major ramp.
The bank hauled in $148 billion of net new assets in its wealth-management business in the second quarter, over half of which were tied to IPOs.
The earnings season is full steam ahead, and tech stocks are leading the march higher. All three major indexes were in the green to kick off Wednesday’s session. The tech-heavy Nasdaq rose 0.7%. The S&P 500 gained 0.
An EV blog reported Lucid was weighing Chapter 11 or going private on the advice of AlixPartners — Lucid called the claims false
Morgan Stanley is mulling using its pile of excess capital for acquisitions. “Are we seeing opportunities come across the transom that are interesting? We are. Are we potentially looking at stuff that could bolt on to the strategy? We are, but I would tell you right now, the bias continues to be to go organic,” said CEO Ted Pick, referring to organically growing the firm, during a call with analysts.
ASML Holding NV (NASDAQ:ASML, XETRA:ASME) shares rose about 3% at the open on Wednesday after the semiconductor equipment maker reported second quarter results that topped expectations and raised its full-year 2026 revenue forecast. The company posted second-quarter revenue of €9.33 billion...
July 15 (Reuters) - Wall Street's main indexes opened higher on Wednesday, as investors weighed softer-than-expected producer inflation data and a flurry of corporate earnings, while PayPal surged on
Caterpillar is expected to announce its second-quarter earnings soon, and Wall Street forecasts a double-digit rise in its profits.
The historic SpaceX initial public offering was good for Morgan Stanley’s investment banking division. The firm’s wealth division also got a boost from IPOs. Morgan Stanley’s wealth division raked in $148 billion in net new assets in the second quarter, over half of which the firm said was related to IPOs of companies that use the firm’s workplace investing platform.
Analysts expects major gains from Unusual Machines stock. Karman Holdings to join this S&P index. Redwire climbs on drone order.