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The sportswear brand has collected more than $300 million in refunds for the invalidated levies, as of the quarter ending May 31.
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Investing.com - U.S. stock futures sank on Wednesday after President Donald Trump cast doubt on the status of an interim peace agreement with Iran, saying the deal was "over" following renewed exchanges between the two countries.
Coinbase Global will release its second-quarter earnings soon, and analysts anticipate a triple-digit bottom-line growth.
It was only a matter of time. Eventually someone would want a piece of $488 billion-in-assets Invesco QQQ Trust ETF.
(Bloomberg) -- Argentina is set to make a major payment on its dollar bonds this week, pulling off a feat few investors thought possible while the country refuses to tap global debt markets. Most Read from BloombergTrump Says US Ceasefire With Iran Is ‘Over’ After StrikesGreece Offers Bounty to Catch Ravenous Fish Lured by Warming SeaUS Strikes Iran and Blocks Oil Sales in New Test of TruceChip Stocks Sink After Blistering Run as Oil Jumps: Markets WrapTwo Millennium Trading Pods Made About $3.7
Progyny trades at $31.10 per share and has stayed right on track with the overall market, gaining 13.4% over the last six months. At the same time, the S&P 500 has returned 9%.
Investing.com -- Bank of America told investors in a note on Wednesday that its third-quarter bias for the S&P 500 remains corrective, outlining a bull/bear debate that will likely be resolved by price action in July.
By Joanna Plucinska and Tim Hepher LONDON, July 8 (Reuters) - Airbus on Wednesday revised down its 20-year industry-wide forecast for passenger aircraft demand by 1% after the Iran war and trade
AbbVie will release its second-quarter earnings later this month, and analysts anticipate a double-digit bottom-line growth.
South Korea’s high-flying stock index is having a harder time staying airborne. The Kospi index entered a technical bear market (defined as a 20% drop from a recent high) after plunging more than 5% today.
(Bloomberg) -- The wave of AI-fueled earnings surprises that powered stocks in the last earning season will be tough to repeat, making it unlikely the results alone will spark a major rally, according to Christian Mueller-Glissmann.Most Read from BloombergTrump Says US Ceasefire With Iran Is ‘Over’ After StrikesGreece Offers Bounty to Catch Ravenous Fish Lured by Warming SeaUS Strikes Iran and Blocks Oil Sales in New Test of TruceChip Stocks Sink After Blistering Run as Oil Jumps: Markets WrapTw
Investing.com -- Apple announced Tuesday a multiyear agreement with Broadcom valued at more than $30 billion to design and produce custom silicon components and wireless connectivity technologies for Apple products. The deal will result in the production of more than 15 billion U.S.-made chips and support hundreds of American jobs.
AI chip startup SambaNova said on Wednesday it has raised $1 billion in a late-stage funding round led by General Atlantic at an $11 billion post-money valuation. The company makes custom chips, hardware systems and cloud services tailored for inference - the process by which models respond to user queries. • The Series F round included significant investment from Seligman Ventures, T. Rowe Price Associates and Capital Group.
By Amanda Stephenson CALGARY, July 8 (Reuters) - Big Tech has joined the party at the Calgary Stampede, a sign of growing interest in Canada from U.S.-based hyperscalers as the province of Alberta
At today's NATO summit in Turkey, President Trump lashed out at Spain, which closed its airspace to U.S. planes involved in the Iran war. "We don't want to do any trade business with Spain anymore," Trump said in Ankara, Turkey.
By Amanda Stephenson CALGARY, July 8 (Reuters) - Big Tech has joined the party at the Calgary Stampede, a sign of growing interest in Canada from U.S.-based hyperscalers as the province of Alberta
Best Buy stock has delivered a 15.0% return over the past year, yet its valuation checks still suggest the shares lean cheap rather than fully priced in. With the stock recently closing at US$78.72, investors are weighing how much of that performance is already reflected in the current multiples. Over the last 1 year, Best Buy has returned 15.0%, which puts a spotlight on whether the recent gain is supported by fundamentals. For Best Buy, expectations around how reliably it can convert sales...
U.S. futures and European equities extended losses in late morning European trading, as market fear further conflict in the Middle East.
Xcel Energy is set to report Q2 earnings soon, with analysts expecting single-digit EPS growth.
The cryptocurrency industry is starting to prepare for the threat of quantum computing as recent advances fuel concerns that the technology could soon be able to crack the cryptography that protects transactions and digital wallets. Quantum computers can solve complex mathematical problems much faster than today's sophisticated computers, and could be used to unscramble conventional methods for encrypting digital information. While the technology remains largely experimental, crypto industry concerns have grown since March research from Alphabet's Google, one of several tech giants pioneering the technology, suggested quantum computers may be able to break that cryptography sooner than previously expected, according to executives and analysts.
Apple plans to spend more than $30 billion as part of a chip-supply agreement reached earlier this week with Broadcom that will also see the chipmaker expand a factory in Colorado, the companies said on Wednesday. Broadcom disclosed on Monday it had secured a long-term supply deal through 2031 with the iPhone maker. On Wednesday, Apple said the deal will involve a radiofrequency chip called FBAR filters that will help Apple devices communicate wirelessly and which Apple has been working with Broadcom to develop since at least 2023.
Apple is ramping up its investment in U.S.-made chips, with plans to spend more than $30 billion with Broadcom in the next five years. The investment is the largest Apple has specified as part of its pledge to invest $600 billion in the U.S. over four years, a pledge that helped the company secure an exemption from proposed Trump administration tariffs. Apple said the investment will enable Broadcom to expand a manufacturing facility in Fort Collins, Colo.
Memory stocks are in a bear market, but the Magnificent Seven are back on the offense — leading the market higher once again.
PARIS, July 8 (Reuters) - France's competition authority on Wednesday ordered Meta Platforms to resume talks with French media groups over payments for publishing content, after the publishers
A merger between Space Exploration Technologies Corp. (NASDAQ:SPCX) and Tesla Inc. (NASDAQ:TSLA) is possible, but significant hurdles stand in the way, say analysts. RBC’s Tom Narayan said an all-stock acquisition is the most likely structure, citing operational synergies in AI training, Tesla’s Megapack energy-storage systems, and the Terafab chip project. He estimated Tesla could “potentially” receive a 20%–30% takeover premium and raised his Tesla price target to $500 from $475, considering t
Global bond yields are jumping on the back of higher oil prices this morning after President Trump said he thinks the ceasefire with Iran is "over." European bonds saw some of the biggest moves, with benchmark 10-year bond yields in the U.
The Elon Musk-founded space exploration company has upped its AI ante.
The Ankara summit, which runs July 7-8, 2026, has already proven turbulent. Trump said on arriving in Turkey on Tuesday that he might have boycotted the gathering entirely had it not been for his personal friendship with President Recep Tayyip Erdogan, and he declined to rule out further U.S. troop withdrawals from Europe.