News

Medicare is now covering weight-loss drugs for some seniors, in a win for patients. For Wall Street, the math is trickier.

Arguably, the highest-profile forward split of the year is taking place before the opening bell today (July 2).

Mirae Asset Securities followed all required procedures for the SpaceX (SPCX) initial public offerin

By Arpan Chaturvedi NEW DELHI, July 2 (Reuters) - Amazon said on Thursday it will take "appropriate action" against a third-party delivery partner in India once a police investigation into a fire that

Sandisk (SNDK) has gained about 762.52% year to date at the time of writing, Wednesday afternoon, July 1. Meanwhile, the SPDR S&P 500 index (SPY) is up about 9.54% in the same period. The third-largest enterprise solid-state drive (SSD) manufacturer has outpaced the S&P 500 by a wide ...

(Bloomberg) -- Currency strategists at Credit Agricole, Morgan Stanley and TD Securities are among those bucking the consensus call for a stronger dollar.Most Read from BloombergExxon to Change Name for First Time in Decades After RedomicileMeta Is Planning a Cloud Business to Sell AI Computing PowerKrafton Agrees to Pay ‘Subnautica 2’ Bonuses as Developer’s CEO ResignsUS Decides Against Renewing USMCA, Shifting to Rolling TalksSpaceX IPO Left Mirae With No Shares on MisunderstandingThe Bloomber

Stocktwits data showed retail sentiment around SPY and QQQ is ‘bullish.’

(Bloomberg) -- Investors in SpaceX have been largely flying blind since the company’s record-breaking IPO last month, with few financial projections to help determine what the stock is actually worth. Most Read from BloombergExxon to Change Name for First Time in Decades After RedomicileMeta Is Planning a Cloud Business to Sell AI Computing PowerKrafton Agrees to Pay ‘Subnautica 2’ Bonuses as Developer’s CEO ResignsUS Decides Against Renewing USMCA, Shifting to Rolling TalksSpaceX IPO Left Mirae

Alphabet's Google lost a lengthy battle to overturn a fine of about $4.69 billion imposed by the European Union over its Android operating system. The bloc's top court today upheld the fine, settling a yearslong dispute over how Google utilizes its position to direct users to its own search engine on devices like smartphones.

If you think falling oil prices mark the end of Trump-driven inflation, you'll be sorely mistaken.

U.S. stock futures were lower as AI-related stocks fell across the globe ahead of Thursday’s crucial jobs data.

Amid merger mania, the largest regional banks could keep swallowing their smaller competitors.

Alphabet’s Google lost a lengthy battle to overturn the penalty—the largest the EU has handed the company in its efforts to curb Google’s online dominance.

Alphabet's Google on Thursday lost its fight against a record fine imposed by ‌EU antitrust regulators eight years ago for using its Android mobile operating ‌system to block rivals, a court ruling likely to boost Europe's crackdown on Big Tech. The European ​Commission had originally handed out a €4.34 billion fine to Google in 2018 for its agreements which forced phone manufacturers to pre-install Google Search, the Chrome browser and the Google Play app store on their Android devices and prevented them from using rival ‌Android systems. Google then appealed ⁠to the Luxembourg-based Court of Justice of the European Union, Europe's highest.

Asian markets mostly fell on Thursday as a heavy sell-off in chip shares spread across the region, while European stocks opened flat and US futures pointed lower ahead of a closely watched American jobs report.View on euronews

(Bloomberg) -- SoftBank Group Corp. and its telecom unit will start renting AI computing resources to US companies next fiscal year in a bid to capitalize on the company’s growing pipeline of data center projects.Most Read from BloombergMeta Is Planning a Cloud Business to Sell AI Computing PowerExxon to Change Name for First Time in Decades After RedomicileKrafton Agrees to Pay ‘Subnautica 2’ Bonuses as Developer’s CEO ResignsUS Decides Against Renewing USMCA, Shifting to Rolling TalksSpaceX IP

Boston Scientific is gearing up for earnings day, weighing a rocky stock run against Wall Street's stubbornly optimistic outlook.

Last month, President Donald Trump said he was weighing options to give Americans an ownership stake in leading AI firms.

Warsh hasn't been Fed chair long, but he's already shaking things up.

Super Micro said on Wednesday that two workers at its Taiwan unit had been detained pending a court hearing and two others released on bail after being ‌questioned by Taiwanese prosecutors investigating the alleged illegal export of advanced AI servers containing Nvidia chips. The servers ‌are made by Super Micro and contain Nvidia chips, which are subject to U.S. export controls prohibiting export to China. The four workers were among ​six people questioned earlier this week when Taiwan's Keelung District Prosecutors' Office said it had launched a second round of searches in the probe.

By Stella Qiu SYDNEY, July 2 (Reuters) - Asian shares extended declines on Thursday as investors rotated out of chipmakers after a stellar quarter, while currency and bond markets braced for U.S. jobs

Experimental drug, divarasib, showed meaningful improvements in both patients’ overall survival and the time they survived without the disease worsening.

Experimental drug, divarasib, showed meaningful improvements in both patients’ overall survival and the time they survived without the disease worsening.

Broadcom's (AVGO) stock took a downward turn in June. Shares fell more than 16% during the month, the worst stretch since March 2025. AVGO closed at $377.75 on July 1, nearly 18% off its highs from a month earlier. Now, a fresh securities filing shows one of the company's top executives, Mark ...

Wall Street was mixed in light trading early Thursday as chip stocks fell further and oil prices dipped near their levels before the Iran war began. Futures for the S&P 500 were unchanged before the opening bell, while Dow Jones Industrial futures inched up 0.2%. Nasdaq futures were off 0.4%.

A look at the day ahead in European and global markets from Stella Qiu Global shares are pulling back after a bumper quarter.

The footwear giant surprised investors with a 5% pop on Wednesday.

Chinese export controls, dependence on the U.S. for technology and the structural weakness of Europe's domestic ‌chip industry mean it faces a "bleak future," an EU-funded report found ‌on Thursday. The independent report by the European Union's Institute for Security Studies and French think-tank ​Institut Montaigne concluded that Chinese export controls on critical minerals and magnets or the risk of a war in the Taiwan Strait were major threats to supply. Further vulnerability stems from the EU's dependence on the U.S. for technology, including ‌design software and the possibility ⁠the U.S. could block exports to China by chip-making equipment supplier ASML, Europe's most valuable company.

Apple (AAPL) is in the middle of its largest supply-chain shake-up in years, a strategy that could be solving one problem while creating another. The corporation is working for years to shift more iPhone production to India to minimize its reliance on China. For investors, the approach was easy to ...

Millions of Medicare beneficiaries will gain access to obesity drugs for the first time starting Wednesday under CMS’ temporary Bridge program, a federal initiative designed to expand GLP-1 obesity drug coverage for eligible seniors at a $50 monthly copay. The...