High-signal headlines only - macro events, earnings, M&A, regulatory. Listicles and analyst clickbait filtered out by default. Refreshed hourly.
Money is a story we agree to believe. A dollar buys a dollar's worth because we all act as if it does, and a company is worth whatever the next buyer will pay, not a penny more. For most of the past century, the biggest stores of that belief were countries and the giant public companies their ...
Oil prices fell back after surging Wednesday as renewed fighting threatened the U.S.-Iran ceasefire. Early Thursday in Asia, Brent crude was $1.17 lower at $96.64 per barrel, while benchmark U.S. crude oil shed $1.08 to $94.94 per barrel. Oil prices had climbed a day earlier after both the United States and Iran said they launched retaliations for earlier attacks or attempted ones.
(Bloomberg) -- Sunshine Silver Mining & Refining Co. raised $270 million in a US initial public offering that priced at the low end of the marketed range, with the funds expected to be used for restarting production at an Idaho mine. Most Read from BloombergTrump Begins Rebuilding His Tariff Wall, Citing Forced LaborRepublican-Led House Votes to Stop Iran War, Rebuking TrumpTrump to Get Audit Immunity as $1.8 Billion Fund in DoubtRussia Finance Officials Tell Putin War Spending Is UnaffordableTi
Oil is up more than 50% since the Iran war began. The Strait of Hormuz is running at less than 10% of normal vessel traffic. And the world's largest energy companies are being asked to make billion-dollar decisions in an environment that has rarely been harder to read. On May 29, the CEO of one of ...
Victoria’s Secret, formerly listed as VSCO on the New York Stock Exchange (NYSE), started a new chapter under the ticker VSXY. In its first session trading as VSXY, the lingerie retailer posted the largest one-day gain in its history as a public company. The stock closed up about 47%, capping a ...
The shifting timeline is a setback for Meta’s ability to monetize its massive investments in building frontier AI models.
(Bloomberg) -- Taiwan Semiconductor Manufacturing Co. Chief Executive Officer C.C. Wei said the company’s global chip supply will fall short of AI-fueled demand for years to come, sustaining revenue growth for the firm.Most Read from BloombergTrump Begins Rebuilding His Tariff Wall, Citing Forced LaborRepublican-Led House Votes to Stop Iran War, Rebuking TrumpTrump to Get Audit Immunity as $1.8 Billion Fund in DoubtRussia Finance Officials Tell Putin War Spending Is UnaffordableTikTok Billionair
Qualcomm's stock was under pressure on June 1 after Nvidia CEO Jensen Huang made a surprise move that rattled the PC chip market. At Taiwan's annual Computex conference, Huang shared that Nvidia (NVDA) is entering the personal computer processor market with a new chip developed in partnership with ...
If you've been frustrated by increasingly high prices everywhere you look, you're not alone. Stubborn inflation and rising costs are taking a toll on consumers broadly. A good 24% of consumers are concerned about their long-term finances. As a result, they've reduced spending in categories ...
Taiwan's TSMC, the world's largest contract chipmaker, said on Thursday it is confident in its growth over the next few years, driven by robust demand for computing power and advanced semiconductors, as it rides an AI boom. Chief Executive C.C. Wei, speaking at TSMC's annual shareholders' meeting in the northern Taiwanese city of Hsinchu, added that its customers continue to express a positive outlook for the AI industry. Taiwan has taken centrestage this week as it hosts the annual Computex conference, where leaders of some of the world's most powerful tech companies are gathering, with executives from the likes of Nvidia to Intel praising the island's central role in the global supply chain.
International Business Machines (IBM) spent the early part of 2026 as one of the market’s least-loved technology names. A new call from Barclays flipped that script in a flash. On June 1, the bank started coverage of IBM with an overweight rating and a 12-month price target of $350, and the stock ...
SYDNEY, June 4 (Reuters) - Meta accused Australia of violating a free trade agreement with the U.S. by proposing a new tax on certain tech giants which do not strike licensing deals with local media,
Joining me on today's call are Hock E. Tan, President and CEO; Charlie Kawwas, president Semiconductor Solutions Group and Ram Velaga, President, Infrastructure Software Group. Also joining is Kirsten Spears, chief financial officer. Broadcom distributed a press release and financial tables after the market closed describing our financial performance for the second quarter fiscal year 26.
Blackstone-backed Liftoff Mobile said on Wednesday it has raised $437 million in its U.S. initial public offering, as a busy summer for listings gathers pace and encourages more companies to test investor appetite. The Redwood City, California-based company sold 19 million shares and priced its offering at $23 per share, above targeted range of $20 to $22 apiece. The IPO valued it at $3.83 billion, according to outstanding shares disclosed in its IPO prospectus.
By Gregor Stuart Hunter SINGAPORE, June 4 (Reuters) - Asian stocks fell at the start of trading on Thursday as renewed fighting between the U.S. and Iran rattled stocks, even as conflicting signs of
For two years, the question surrounding Tesla's long-term value has been less about electric vehicles and more about one specific project that Elon Musk says could become the company's most valuable business. That project has been moving closer to production with limited serious competition from ...
Moby summary of C3.ai, Inc.'s Q4 2026 earnings call
For the past year, many big retailers have been battling to attract the cash-strapped American consumers. Then there’s Target, which also faced a set of challenges of its own, stemming from several controversies and boycotts over its Pride collection and the scaling back of its DEI (diversity, ...
FedEx is expected to announce its sixth consecutive dividend hike with Q4 results scheduled on 23 June.
Warren Buffett spent decades telling investors he did not understand technology well enough to own it. Then he bought Apple. Then he tripled down on a search giant that has spent the past two years convincing Wall Street that AI makes it stronger, not weaker. On June 1, Berkshire Hathaway made that ...
As we wade closer to the 2026 Q2 earnings season, the overall earnings picture remains strong and broad-based, with the recent 2026 Q1 cycle aligning nicely with the positive trend.
<body><p>STORY: Wall Street's main indexes tumbled on Wednesday, with the Dow losing about 1.2%, the S&P 500 shedding about three-quarters of a percent and the Nasdaq falling roughly nine-tenths of a percent.</p><p>Flaring tensions in the Middle East and rising crude prices stoked inflation jitters and convinced investors to take some profits.</p><p>Energy stocks, buoyed by oil prices, enjoyed the largest percentage gains, with Exxon Mobil and Chevron both closing higher. </p><p>Meanwhile, six of the Magnificent Seven group of megacap tech stocks ended lower, with Meta the only exception.</p><p>Liz Miller is founder and president of Summit Place Financial Advisors.</p><p>"I more and more just keep seeing this market as a ping pong. One day we've got the momentum leading tech stocks up and then that drives all the indices up. And the next day we've got sort of the second tier undervalued companies up and the index is down. [FLASH] Today's again, one of those days where we're seeing energy with the most strength. We're seeing some of the consumer come through, some of the industrial, but techs are marginally down. And that's what I mean when I think about this market as a ping pong market, because these are high quality companies, they're large cap, they would be top tier fundamentally, but they haven't really participated as much in the index strength."</p><p>Among individual movers, shares of GameStop jumped 6% after the original meme stock posted a rise in quarterly revenue and unveiled a $2 billion share buyback program.</p><p>Shares of Crowdstrike, down nearly 3% at the close, dropped about another 10% in extended trading after the cyber security company reported a 15% jump in its first-quarter operating expenses as it ramps up investments in AI and product development.</p><p>And shares of Broadcom fell more than 6% in extended trading despite the company forecasting third-quarter revenue above Wall Street expectations, betting on robust demand for its custom AI chips and networking gear.</p></body>
Veeva Systems (NYSE:VEEV) reported a strong start to the year, with Chief Executive Officer and Co-Founder Peter Gassner saying the company delivered results ahead of guidance as it expands its focus on artificial intelligence for the life sciences industry. On the earnings call, Gassner said total
Broadcom (NASDAQ:AVGO) reported record fiscal second-quarter 2026 revenue and issued a sharply higher outlook for the current quarter, as President and CEO Hock Tan said demand for the company’s artificial intelligence semiconductors remains “simply insatiable.” On the earnings call, Tan said total
US stock futures slipped as doubts about President Trump's ability to end the war with Iran rattled Wall Street.
By David Shepardson WASHINGTON, June 3 (Reuters) - The Federal Communications Commission said on Wednesday it plans to toughen oversight of submarine communications cables that handle 99% of
(Bloomberg) -- A $2.25 billion leveraged loan for McKesson Corp.’s medical-surgical unit priced on Wednesday, ahead of its planned initial public offering.Most Read from BloombergTrump Begins Rebuilding His Tariff Wall, Citing Forced LaborTrump to Get Audit Immunity as $1.8 Billion Fund in DoubtRussia Finance Officials Tell Putin War Spending Is UnaffordableRepublican-Led House Votes to Stop Iran War, Rebuking TrumpTikTok Billionaire Overtakes Mukesh Ambani as Asia’s Second-Richest PersonThe six
With me on the call are George R. Kurtz, chief executive officer and founder of CrowdStrike, and Burt W. Podbere, chief financial officer. For us, AI adoption is not a nice to have it is an existential imperative across every geography, and vertical.
When an entire industry sprints for the same exit, following the crowd looks like the safe move. Carmakers are herd animals. They chase the same buyers, copy the same bets, and retreat in the same direction when those bets sour. For two years, that direction has been away from electric vehicles. ...
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