Uber Technologies forecast current-quarter adjusted earnings below Wall Street estimates on Wednesday, saying that foreign exchange would trim bookings growth and reaffirming plans to invest heavily in robotaxis and acquisitions. The global ride-hailing and delivery giant's capital allocation has become a key investor focus after it announced a $14.8-billion deal for Delivery Hero last month, which it plans to fund with existing liquidity and debt. The company on Wednesday also outlined plans to spend more than $10 billion on autonomous vehicles over the coming years, but did not provide a specific timeline.
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Netflix (NFLX) stock has been pretty flat in the last few months and investors that think that trend could continue, might consider a Calendar Spread.
Some analysts see warning signs in crucial drug launches from Gilead and Merck, while an important trial readout could change Pfizer’s growth trajectory.
Mitti Labs plans to expand beyond India and enter the Philippines and Indonesia while growing its carbon credits and agricultural data business.
Tesla sold almost 94,000 cars from its China plant in July, up 38% year over year. It was the ninth consecutive year-over-year rise.
Microsoft, Bloom and EMCOR have been highlighted in this Investment Ideas article.
(Bloomberg) -- Uber Technologies Inc. issued a bookings outlook that just met analyst estimates and said fierce competition in the key Brazil market weighed on trips volume, compounding concerns from investors about the company’s ability to evolve in the robotaxi era.Most Read from BloombergTrump Says Iran Talks Going Well as Hopes Rise for Hormuz DealChina’s AI Blitz Creates ‘Death Zone’ for Rival US Model MakersSpaceX’s AI Splurge Puts a Damper on Debut Earnings After IPOBeer Dynasty Families
Activewear maker Delta Galil has reported an increase in Q2 profit, lifted by tariff refunds, a portion of which it will invest in its manufacturing and supply chain to drive future growth.
Disney managed a solid showing in its third quarter, bolstered by movies like “Toy Story 5” and ongoing strength from its U.S. theme parks that helped to offset continued weakness from international tourism. Disney also announced a global short-form content sharing deal with TikTok on Wednesday. The agreement will bring Disney-focused fan-created content from TikTok to the Disney+ app.
Enova, PBF, Huron , and The Cheesecake have been highlighted in this Screen of The Week article.
Third-quarter revenue increased 7% to $25.2 billion, driven by growth from the company’s experiences unit.
Samsung Electronics (USOTC:SSNHZ) and SK Hynix (NASDAQ:SKHY) have been testing semiconductor manufacturing equipment supplied by China’s Advanced Micro-Fabrication Equipment (AMEC) at their production facilities in China, according to a Reuters report citing sources familiar with the matter. Shares of both South Korean chipmakers moved higher following the report, with SK Hynix rising 4.
SpaceX's first-ever earnings call gave Nvidia bulls a number so large that one top analyst ran the math and came back with a scenario that rewrites the entire revenue ceiling for the AI chip giant.
Wayfair CFO Kate Gulliver on signs of a rebound in the U.S.; Elon Musk outlined ambitious targets for SpaceX following its first-ever earnings report; Procter & Gamble will buy supplement company Thorne; plus, Portillo’s hires new CFO. Furniture and home improvement companies often offer good indicators for how the U.S. economy is performing, as those businesses reflect the sentiment of consumers and key discretionary spending behavior for items such as sofas, tables and decor.
AMD is on the verge of a sales jump, pharma investors await M&A boom, a new food contaminant issue, and more news to start your day.
Tesla Inc. AI chief Ashok Elluswamy said Full Self-Driving should learn how fast each owner prefers to travel instead of relying on a manual ceiling, calling maximum-speed control "an anti-pattern." Elluswamy Pushes FSD Toward Learned Preferences "We are working on...
The card networks are keeping their options open with respect to stablecoin communities, locking arms with Circle on its latest effort.
Diversified healthcare company CVS Health (NYSE:CVS) reported Q2 CY2026 results exceeding the market’s revenue expectations, with sales up 7.3% year on year to $106.1 billion. Its non-GAAP profit of $2.58 per share was 39.4% above analysts’ consensus estimates.
Morningstar expects AMD's server CPU business to grow more than 70% in 2027, driven by AI infrastructure demand.
August 5 (Reuters) - What matters in U. and global markets today , Editor-at-Large, Finance and Markets For all the doubts and handwringing, the S&P; 500 and Dow Jones are back at record highs after surging on Tuesday amid falling oil prices and the bumper earnings season.
The Marlin platform will help manage SIMOPS, supporting pipe-laying and mooring installation activities at the Whiptail site in Guyana.
August 5 (Reuters) - Investors are pouring money into U. healthcare stocks, betting that improving earnings, rising dealmaking and attractive valuations will extend the sector's rebound after years of underperformance.
Disney's parks saw a return to growth after a slump in Q2.
If the AI-fueled rally reverses, some high-flying stocks could fall hard. Here are two to avoid.
Disney's revenue rose 7% to $25.2 billion in the third fiscal quarter. An increase in theme park revenue and the huge box office performance of “Toy Story 5” drove the result. Disney shares jumped premarket.
Walt Disney Co. reported a 6% bump in revenue and 21% boost in segment operating income during its fiscal third quarter earnings call on Wednesday.
BlackRock will execute a 1-for-3 reverse split for its spot Ethereum ETF on October 6, with no change to investor ownership or fund value.
History suggests Robinhood's main growth drivers might not be sustainable.
FEATURE Stock futures were rising on Wednesday, putting both the and the on track to notch record highs. SpaceX slumped 11% in premarket trading after the rockets, telecom, and AI company beat analysts’ second-quarter earnings target but reported higher capital expenditure than Wall Street was expecting.