Rivian Automotive (NasdaqGS:RIVN) CEO flagged Chinese electric vehicle makers as a major competitive threat due to lower cost structures and access to government-backed capital. The CEO outlined how these non market advantages could pressure Western EV manufacturers on pricing and margins. Rivian also updated investors on its partnership with Uber, targeting deployment of autonomous robotaxis in urban areas by 2028. The company framed the Uber collaboration as a key pillar in its longer term...
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SpaceX plans to launch a terrestrial mobile network that will compete directly with Verizon and other major U.S. carriers. The company aims to use its existing Starlink satellite broadband system and new land-based assets to offer enhanced mobile services by 2027. This move targets the same consumer and enterprise segments that Verizon Communications (NYSE:VZ) currently serves. For Verizon Communications, the new SpaceX plan adds another layer of competition on top of ongoing 5G rollouts...
CEO Stephen Yalof tells WWD that the "resilient" consumer, the World Cup, domestic tourism and blockbuster movies fueled sales and traffic.
On Holding's Q1 earnings beat, margin gains and strong DTC, Asia-Pacific and apparel growth supported a higher profitability outlook despite tariff pressure.
LLY crushes Q2 earnings estimates and lifts its 2026 sales outlook as Mounjaro and Zepbound fuel strong revenue growth and newer drugs add momentum.
NI beats Q2 earnings and revenue estimates as NIPSCO gains offset weaker Columbia results, while data center growth and guidance remain in focus.
Innoviz Technologies (NASDAQ:INVZ) reported record second-quarter revenue of $18.1 million as higher recognition of non-recurring engineering, or NRE, revenue tied to customer milestones helped lift results. The lidar developer also said it is expanding into defense and homeland-security application
SpaceX's exclusive use of NVIDIA systems on Earth and in orbit expands its industrial AI reach and supports long-term growth.
VOOG hits a fresh 52-week high fueled by improving market sentiment and renewed optimism over U.S.-Iran diplomacy.
In this segment of the AI Investor Podcast from 24/7 Wall St., Eric Bleeker lays out his framework for evaluating the AI trade, describing it as a stool resting on three legs: technological progress, real-world adoption, and the ability to finance the buildout. Two legs he considers extremely strong. On progress, he points to Nvidia's backing of a straight-shot superintelligence effort, ongoing gains in training and model capability, and expectations of highly capable autonomous models at roughly human level, at scale, within a year. On adoption, he cites OpenAI's monthly revenue now exceeding its prior full quarter, Microsoft noting that 90% of cloud demand comes from outside the frontier labs, and Google's 82% cloud growth. Adoption is uneven, concentrated among a relatively small group of heavy users, but strong. Financing is the weak leg and the source of most current fear. Bleeker estimates $700 to $800 billion in AI data center spending this year, growing to roughly $1.2 trillion next year, against a financing ceiling he places somewhere between $1.5 and $2 trillion annually. With 2028 expectations near $1.4 trillion, the market is approaching that ceiling, which is why valuation now dominates stock selection. A company historically worth 15 times earnings trading at 40 times its 2028 or 2029 numbers is hard to defend. He closes with three points: the selloff is likely closer to its end than its beginning, macro risks remain including a possible September rate rise and soft GDP, and for anyone sidelined by prior valuations, this is arguably the most attractive entry point since spring 2025.
Since joining the Chicago-based hamburger chain in 2000, Skye Anderson has held multiple roles including CFO of McDonald’s Australia.
A repair shop owner turned to Reddit recently after their employee quit, claiming he was being underpaid because he knew how much money the business was bringing in. The employee gave two weeks’ notice, saying he felt the owners were...
Advanced Micro Devices (AMD) is looking "significantly" better in 2027 after Q2 results, but its war
CLSK expects lower Q3 revenues and EPS as Bitcoin volatility, rising costs and network difficulty weigh on results.
AMD's data center sales exploded while the stock slipped, and retail investors are scratching their heads. Here is why the math behind the confusion points to a very specific price target.
Unleash the AI agents, says Circle co-founder and CEO Jeremy Allaire.
Amazon-owned Zoox is about to start scaling its robotaxi service after federal regulators last week cleared it to charge for rides in its driverless vehicles with no steering wheel or other human controls.
(Updates to include a statement from Starbucks Korea in the last paragraph.) Starbucks (SBUX) hea
On Holding pairs 20%-plus sales growth and wider margins with premium valuation, tariff exposure and rising investment demands that raise execution risk.
Booking Holdings Inc (NASDAQ:BKNG, XETRA:PCE1) shares rose 6% Wednesday after the online travel company reported second-quarter results that topped Wall Street expectations, with continued travel demand supporting growth across key metrics. Booking Holdings reported adjusted earnings per...
SpaceX's stock slide continues, and it may be a gift for investors.
Compass (COMP) and Revolve Group (RVLV) have more upside compared with MNTN (MNTN) and Opendoor Tech
The European stock markets closed mostly higher in Wednesday trading as investors monitor negotiatio
Marvell Technology's communications business is rebounding as AI networking demand accelerates, but can that momentum offset margin pressure and uneven recovery trends?
CleanSpark mined 586 BTC in July and ended the month with 13,931 BTC in inventory and a 50 EH/s operational hashrate
UnitedHealth's revenue held up; the operating margin on it did not, and closing that gap is the whole upside case.
Robotaxis are set to debut on the streets of London after Wayve was granted minicab licences by Transport for London (TfL). A number of autonomous pure electric Ford Mustang Mach-E vehicles were approved for private hire vehicle (PHV) licences by Transport for London (TfL), Wayve said on Wednesday.
Generate Biomedicines focuses on AI-enabled drug discovery.
Q's Q2 earnings jump 53% as AI-driven demand lifts sales 22%, fueling segment growth and a higher 2026 outlook.