News

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

The hyperscalers are under pressure to show results from their AI spending.

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.

PayPal shares climbed in premarket trade on reports that payments start-up Stripe and private equity group Advent International jointly offered to buy the company.

The move is likely to provide a boost for those pushing for companies to issue some of their stock on blockchain.

Payments company Stripe and private equity firm Advent International reportedly made an offer to acquire PayPal at $60.50 per share in a deal that would value the payments giant at more than $53 billion.

Capital markets and advisory revenue climbed 80% from a year earlier, while the FirstBank acquisition added to loan and deposit growth

U.S. stocks caught a break this week—and found a window in which to exploit it over the next two weeks—as inflation data suggest a taming of Federal Reserve rate-hike bets and the outlook from a key player in the market for artificial intelligence outpaced Wall Street’s forecasts. Tuesday’s inflation data got the ball rolling, with the softest monthly print since the Covid-19 pandemic and annual gains that fell shy of Wall Street estimates cratering bets on a July Fed rate hike.

Stripe and buyout firm Advent International made a joint takeover bid for PayPal Holdings in a deal that would value the fintech company at around $53 billion, according to people familiar with the matter. Stripe and Advent proposed paying $60.50 a share for PayPal, the people said. There are no guarantees PayPal will be receptive, the people added.

July 15 () - Shares of Celcuity fell about 8% in premarket trading on Wednesday, as the delayed commercial launch ‌of its newly approved breast cancer drug and treatment-tolerability ‌concerns overshadowed the company's first U. Food and Drug Administration on ​Tuesday approved gedatolisib, branded as Revtorpyk, for certain patients with advanced breast cancer whose tumors do not carry a PIK3CA mutation.

BlackRock (NYSE:BLK) executives said the asset manager delivered record second-quarter results and its strongest first half on record, driven by broad-based client inflows, higher markets, acquisitions and continued demand for ETFs, private markets and technology offerings. Chief Financial Officer

Intel reports earnings on July 23, and something unusual is happening ahead of that print: prediction markets, insider activity, and a major rival's capital are all pointing in the same direction at once.

The AI investment boom has created a sharp divide between companies benefiting from long-term demand and those merely riding short-term enthusiasm. While many technology businesses continue spending hundreds of billions of dollars on AI infrastructure, investors have increasingly questioned whether those investments will eventually slow. Yet every quarter seems to produce another reminder that the ... ASML Just Raised Guidance Again — Is This the Strongest AI Stock Story Nobody’s Talking About?

(Updates with economic data, recent oil price movement, world markets' overview and corporate stock

New wireless service options may break up multiline plans and land carriers a bevy of long-term customers.