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Micron's growing list of long-term supply agreements could make its business more predictable and give investors an early read on future demand ahead of earnings.
Tech layoff announcements follow a predictable script. A company memo goes out. The number of jobs cut makes the headlines. Executives talk about realigning for the future. Then the story moves on, and the people who just lost their income are left sorting through the details on their own. ...
CCC Intelligent Solutions is exploring a sale of the company, according to three people familiar with the matter. The Chicago-based company, which provides software and AI-powered workflow tools, has hired Morgan Stanley to advise on a sale process and has reached out to prospective buyers, including private equity firms, the sources said. CCC and Morgan Stanley did not immediately respond to Reuters' requests for comment.
Bowen, who succeeds FuboTV co-founder David Gandler as CEO, has nearly three decades of experience in the media industry.
Streaming firm FuboTV on Thursday named Disney executive Alisa Bowen as CEO effective July 10, while removing company veteran David Gandler as top boss. Bowen, 53, joins FuboTV from Walt Disney, where she served as president of the media giant's streaming platform Disney+ since September 2022. Her career also includes leadership positions at News Corp Australia, Dow Jones and Thomson Reuters.
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 ...
tech firm Palantir is challenging a decision to block a contract with London police, arguing on Thursday that London mayor Sadiq Khan's office wrongly took into account the company's "values and ethics". Palantir had agreed a two-year, £50 million ($67.
In the phone business, the most dangerous competitor is the one that doesn't need your towers. For decades, the U.S. wireless market has operated like a private club. Three companies own the national networks, and everybody else, from Mint Mobile to your cable company's phone plan, pays rent to get ...
Flaring tensions in the Middle East were overshadowed by a burst of enthusiasm for the market’s favorite memory stocks.
Top Netflix executives who gathered for its annual business review this spring had a lot to be cheerful about. At the time, it was a small part of a conversation about the company’s goals, but it has since become a frequent topic of discussion at meetings, people familiar with the matter said. Engagement, which measures how long people spend watching content and how frequently they finish a movie or series, is the holy grail in modern Hollywood.
PepsiCo Inc (PEP) reports robust international performance and strategic portfolio gains, while navigating North American market pressures and commodity inflation.
By Stephen Culp NEW YORK, July 9 (Reuters) - A microchip rebound on Thursday helped investors look past roiling Middle East tensions and the potential of renewed hostilities fueling longer-term
JPMorgan analysts, led by managing director Nikolaos Panigirtzoglou, do not view Michael Saylor's Strategy (NASDAQ: MSTR) as a primary risk to "King Crypto." In an exclusive interview with TheBlock, the bank said, "We do not see Strategy as the main structural threat to Bitcoin." Strategy ...
(Updates with a response from the Attorney General's office in the second last paragraph.) Paramo
Dividends are one way for profitable companies to reward their shareholders, while also signaling financial strength and confidence in their future cash flow. Tech stocks, however, have traditionally prioritized stock buybacks over dividends as a way to reinvest excess cash and return value to ...
Moby summary of PepsiCo, Inc.'s Q2 2026 earnings call
A violent rotation is taking place under the hood of the stock market ahead of second-quarter earnings.
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.
President Trump said on Thursday that Iran has called him seeking a deal, though Iran hasn’t confirmed this. The S&P 500 index rebounded by 0.8%, and the Nasdaq Composite index gained 1.3%. The beverage and snack giant reported a rise in sales volume for its North America unit, but a decline in revenue.
Federal Reserve Chairman Kevin Warsh has revealed the leadership of the US central bank's new task forces to review monetary policy and even communication on the Fed's interest rate messaging. Yahoo Finance Senior Fed Reporter Jennifer Schonberger breaks down who the new task force leaders are.
More than 200 major clean energy projects have been canceled or downsized since Trump took office again, costing nearly half a million jobs and $55 billion in annual GDP growth.
The second quarter was supposed to be a severe test for airlines but Delta’s earnings Friday will likely signal that U.S. carriers passed with flying colors.
Coinbase's Chief Legal Officer Paul Grewal is stepping down after six years at the U.S. crypto giant where he fought off a landmark suit brought by the U.S. securities regulator and played an instrumental role in the crypto industry's Washington campaign to secure industry-friendly policies. Grewal will step down effective immediately, with Molly Abraham, Coinbase's vice president of legal, moving into his role with the title of general counsel, the company told Reuters. Coinbase is also naming Ryan VanGrack, who is currently vice president of legal, as the company's first vice chair and head of corporate affairs, Coinbase said.
FINANCE U.S. stocks rose as fears about a return to full-blown war in Iran subsided, bringing down oil prices and quelling inflation expectations. The Dow Jones Industrial Average rose 139.02, or 0.27%, to 52487.
Stocks rose, and oil prices eased as financial markets calmed a day after President Donald Trump raised doubts about the temporary truce in the war with Iran. The Dow Jones Industrial Average added 0.3%, and the Nasdaq composite rose 1.3%. The Nasdaq composite rose 336.24 points, or 1.3%, to 26,206.89.
PepsiCo (NASDAQ:PEP) executives reaffirmed the company’s full-year outlook during its 2026 second-quarter earnings question-and-answer session, pointing to strong international momentum and improving global volumes while acknowledging that North America, particularly impulse channels tied to gasolin
Penguin Solutions (NASDAQ:PENG) reported record fiscal third-quarter results and raised its full-year outlook, citing accelerating demand tied to artificial intelligence infrastructure and memory products. Chief Executive Officer Kash Shaikh told investors that the company delivered “an exceptional
Onsemi (NASDAQ:ON)'s proposed acquisition of Synaptics could create long-term strategic benefits, with Bank of America writing that a meeting with management increased its confidence in the rationale and potential synergies of the transaction. The analysts wrote that Synaptics adds highly...
The task forces will study Fed communications, the balance sheet, economic data usage, productivity and jobs, and inflation.
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