News

(Bloomberg) -- As artificial intelligence, war and the specter of inflation drive investors’ exuberance and worries, Wall Street’s traders have cracked the code to come out on top every single time.Most Read from BloombergUS Hits Iran With Strikes, Blockade as Trump Plans Hormuz ChargeLindsey Graham, Senate Hawk Turned Trump Ally, Dies at 71Trump Embraces Australian Retirement System Backed by Larry FinkUS CPI Falls for the First Time Since 2020, Core Gauge FlatA Cocaine Bust in Spain Leads All

JPMorgan's blowout Q2 report sent shockwaves through the financial sector this morning, and five stocks are already repricing in real time as traders scramble to figure out who wins and who gets exposed.

Jet. AI (NASDAQ:JTAI) has signed a non-binding merger letter of intent with a private operating company while outlining plans to spin off its data center business into a separate publicly traded company, a transaction that could leave shareholders owning stakes in two listed businesses.

By Jonathan Stempel July 14 (Reuters) - Warren Buffett has stopped donating money to the Gates Foundation, ending a two-decade philanthropic partnership following revelations about interactions

Goldman shares were on pace to close at a new high, with shares on Tuesday morning rising 8.6% to $1,136.15 a share--an intraday high--following a record set of second quarter earnings that blew past Wall Street forecasts. The bank posted a record $7.42 billion in stock trading, topping Wall Street’s $5 billion estimate by nearly 50%, as well as $3.4 billion in investment banking fees and $4.59 billion in interest rate trading. Group profits for the three months ending in June were pegged at $20.98 a share, a staggering 92% increase from the same period last year, smashing Wall Street’s forecast of $14.38 a share forecast.

July 14 (Reuters) - A unit of telecoms gear maker ZTE Corp and two other Chinese firms are among the latest entities to receive U.S. approval to purchase advanced AI chips from Nvidia and AMD,

Corning is set to announce its second-quarter earnings this month, and Wall Street forecasts a double-digit rise in its bottom line.

CleanSpark stock bolts after signing its first major HPC data center lease, which could balloon to $12 billion. Bitcoin, cryptos jump on CPI data.

IBM shares sank as much as 25% as the company issued a profit warning citing a shift in customer spending from software to AI hardware and memory chips.

Investing.com -- Delivery Hero SE (ETR:DHER) shares surged 5.5% following a Bloomberg report that Uber Technologies Inc. (NYSE:UBER) is in advanced talks to acquire the German food-delivery company. Uber stock fell 2% on the news.

(Bloomberg) -- Options on SK Hynix Inc.’s American Depository Receipts began trading on US options exchanges Tuesday, giving traders in the world’s largest derivatives market easier access to the volatile South Korean memory chipmaker. Most Read from BloombergUS Hits Iran With Strikes, Blockade as Trump Plans Hormuz ChargeLindsey Graham, Senate Hawk Turned Trump Ally, Dies at 71Trump Embraces Australian Retirement System Backed by Larry FinkUS CPI Falls for the First Time Since 2020, Core Gauge

Fresh economic data showing consumer prices fell in June sent stocks mostly higher at Tuesday's opening bell. The tech-heavy Nasdaq was up 0.4%, while the S&P 500 gained 0.2%. The Dow was up 0.2%, or 83 points.

The tech moguls took to X to rip each other apart again, this time over Apple's lawsuit and Musk's SpaceX IPO.

Bank of America Corp (NYSE:BAC) shares rose about 2% in premarket trading after the bank reported second-quarter 2026 results that exceeded Wall Street expectations, driven by growth in net interest income, investment banking, trading and wealth management. The bank reported earnings per...

Citigroup Inc (NYSE:C) on Tuesday reported second-quarter revenue that topped Wall Street estimates, fueled by strength in fixed income trading and investment banking. The bank posted revenue of $24.77 billion for the quarter, ahead of analysts' average estimate of $23.74 billion, according...

Uber Technologies is in advanced talks to acquire ‌German food-delivery company Delivery Hero, ‌Bloomberg News reported on Tuesday, citing people familiar ​with the matter. The ride-hailing company aims to reach an agreement with Delivery Hero as soon as this week, ‌the report ⁠said. A transaction would likely value Delivery Hero at well above ⁠its recent trading price of around €36 ($41.23) per share, according to Bloomberg.

The company’s location in the Monterrey metropolitan area is in partnership with Alsea.

Jamie Dimon thinks it can hardly get better for the nation’s biggest bank, which posted a huge jump in its second-quarter profit this morning. The JPMorgan Chase CEO told analysts on a call that there's a “healthy, active, exuberant market with very high prices and very high volumes,” and that he doesn’t know how long it will continue.

Net income rose to $5.8 billion, or $3.15 per share, topping all 20 analyst estimates as equities trading revenue climbed 45%

The S&P 500 Index ($SPX ) (SPY ) today is up +0.30%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.60%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.97%. September E-mini S&P futures (ESU26 ) are up +0.28%, and September E-mini Nasdaq futures...

Strong trading, rebounding dealmaking, and higher-rate expectations could support major U.S. bank earnings this quarter.

Shares of IBM are headed for their worst day since the "Black Monday" market crash of 1987. The stock plunged some 24% in morning trading after the company issued a profit warning. IBM said the performance of its software and infrastructure business fell short of expectations in the second quarter, and the company didn’t react quickly enough to the changing market conditions.

Bank stocks were rising Tuesday morning after the nation’s largest banks reported strong second-quarter earnings due to powerhouse results from investment banking units which have reaped the benefits of a surge in dealmaking activity. “We thought the 2Q earnings were going to be very good, but they turned out to be extraordinary,” Macrae Sykes, portfolio manager of the GABF ETF at Gabelli Funds, said in a statement. The KBW Bank Index was up 1.75%, while the benchmark S&P 500 index was up 0.28%.

JPMorgan Chase & Co. (NYSE:JPM) reported second-quarter 2026 net income of $16.9 billion, earnings per share of $6.14 and a return on tangible common equity of 23%, Chief Financial Officer Jeremy Barnum said on the bank’s earnings call. Excluding significant items noted in the company’s present

Bank of America (NYSE:BAC) reported broad-based second-quarter growth, with management pointing to stronger net interest income, fee revenue, client activity and operating leverage across each of its business segments. CEO Brian Moynihan said the bank generated revenue of $31.6 billion, up 15% from

Pfizer is set to announce its second-quarter earnings next month, and Wall Street expects a double-digit decline in its profit.

The Dow is caught in a tug-of-war between strong bank earnings and IBM's historic drop. The Dow's top performer was Goldman Sachs, which popped 5.5% after reporting record results. Goldman is the heaviest weighted component in the Dow.

(Bloomberg) -- Kalshi Inc. has created a tool that plots the future price of computing power, joining the ranks of exchange and index operators attempting to build markets around the commodity powering artificial intelligence. Most Read from BloombergUS Hits Iran With Strikes, Blockade as Trump Plans Hormuz ChargeLindsey Graham, Senate Hawk Turned Trump Ally, Dies at 71Trump Embraces Australian Retirement System Backed by Larry FinkUS CPI Falls for the First Time Since 2020, Core Gauge FlatDisne

Barclays analyst Dan Levy believes updates about new R2 demand will be important for Rivian stock when the company reports Q2 earnings at the end of July.

(Bloomberg) -- Ride-hailing giant Uber Technologies Inc. is in advanced talks to acquire German food-delivery company Delivery Hero SE, people familiar with the matter said.Most Read from BloombergUS Hits Iran With Strikes, Blockade as Trump Plans Hormuz ChargeLindsey Graham, Senate Hawk Turned Trump Ally, Dies at 71Trump Embraces Australian Retirement System Backed by Larry FinkUS CPI Falls for the First Time Since 2020, Core Gauge FlatDisney Exiting Streaming Could Spur 40% Rally: Wells FargoU