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Oracle shares sink on reports that OpenAI is considering delaying its highly anticipated IPO. Here’s why such a development would be bearish for ORCL stock.

The Federal Communications Commission’s first spectrum auction after a four-year hiatus. brought in upwards of $3.5 billion in total, the agency said.

June 26 - S&P Global affirmed its "AA+" credit rating for the U.S. on Friday, saying the economy's resilience supported solid fiscal revenue collection.

Nike is set to report earnings Tuesday afternoon, with traders expecting a big move in the athletic apparel maker's stock.

What a brutal six months it’s been for Kratos. The stock has dropped 40.3% and now trades at $46.40, rattling many shareholders. This may have investors wondering how to approach the situation.

Most of the U.S. stock market rose after oil prices eased back to where they were before the war with Iran, but drops for AI stocks kept the market in check. The Dow Jones Industrial Average fell 0.1%, and the Nasdaq composite lost 0.2%. The Nasdaq composite fell 60.99 points, or 0.2%, to 25,297.62.

Stock indexes closely tied to AI fell Friday. Japan’s benchmark index slid more than 4%, weighed down by a 13% plunge in SoftBank Group’s shares, after a media report suggested OpenAI could hold off going public until next year. The PHLX semiconductor index dropped about 5%, while the Roundhill Memory ETF fell 6.5%.

(Bloomberg) -- This week’s tech rout did more than puncture one of the year’s hottest trades: it exposed the machinery of modern speculation — and how quickly it can work in reverse.Most Read from BloombergLutnick Delayed Canada Bridge Debut to Seek Bigger Cut of Toll RevenueIndonesia Opens Door to Dirty Money to Fund Prabowo’s PlansApple Shares Sink After Price Hikes Hit iPads and MacsOman Tells Allies Ships Going Through Hormuz May Have to PayMamdani Rent Freeze Cheers Weary Tenants, Alarms La

Stocks took an early hit on news that ChatGPT parent OpenAI might push its public offering to 2027, and a midday recovery faded into the close.

When Elon Musk's SpaceX (Nasdaq: SPCX) made its public debut on June 12, crypto traders were ecstatic that a publicly listed Wall Street giant holds Bitcoin (BTC) on its balance sheet. The accumulation is not surprising, given that Musk himself has hailed cryptocurrencies like ...

The power trend has generated impressive gains. Get ready to deal with whatever comes next with five guidelines for how to invest.

Apple Inc. is losing a pillar of its spatial computing ambitions to OpenAI. Paul Meade, the Vice President overseeing the Vision Pro headset and Apple’s upcoming smart glasses, is departing the tech giant. Meade will exit Apple by next week to spearhead OpenAI’s burgeoning hardware division, according to a Bloomberg report. At OpenAI, he is tasked with bringing a new family of AI-native devices to life. Neither company has officially commented on the move. Meade isn’t just a manager; he’s an arc

Yahoo Finance's Jared Blikre takes a closer look at some of Friday's trending tickers and stories, including Moderna (MRNA), Netflix (NFLX), and ON Semiconductor (ON).

SpaceX shares are trading near the level at which the rocket maker's market cap would drop below $2 trillion for the first time. The stock recently traded at $152.50, about 80 cents above the level where the market cap would slip below $2 trillion. This week, SpaceX shares have declined about 18%, putting them near their opening IPO price of $150, a sign of waning enthusiasm for the biggest listing of all time.

(Bloomberg) -- Apple Inc.’s top executive in charge of the Vision Pro headset and the company’s smart glasses efforts is leaving for OpenAI, continuing a streak of high-profile defections to rivals in the artificial intelligence and hardware sectors.Most Read from BloombergLutnick Delayed Canada Bridge Debut to Seek Bigger Cut of Toll RevenueIndonesia Opens Door to Dirty Money to Fund Prabowo’s PlansApple Shares Sink After Price Hikes Hit iPads and MacsOman Tells Allies Ships Going Through Hormu

Could a delayed mega-IPO be the first crack in the AI spending boom?

Millions of YouTube TV and DirecTV Stream subscribers may be eligible for a payout from Disney’s $50 million settlement.

Within three miles of my house, I have two Publix stores, an Aldi, a Fresh Market, a Target with a full grocery section, a Walmart, and a BJ's Wholesale under construction. There's a Sprouts a little further away, as well as multiple Dollar General locations and a locally owned farmer's ...

IPO Stock Of The Week: Aerospace and defense leader Loar stock broke out past its latest buy point in recent sessions amid a volatile market.

Verizon ‌Communications successfully ‌bid nearly $3.2 billion ​for wireless licenses in a Federal ‌Communications ⁠Commission auction for mid-band ⁠spectrum, the agency said ​Friday. AT&T, ​T-Mobile ​and Space ‌X also won spectrum licenses in the auction that ‌raised ​about $3.5 ​billion. T-Mobile successfully ‌bid $278 million, ​T-Mobile $121 ​million and Space X $8.5 ​million, ‌the FCC ​said.

Cryptocurrencies tied to decentralized artificial intelligence sold off on June 26 as reports surfaced that OpenAI is leaning toward delaying its initial public offering (IPO). As per The New York Times, the maker of ChatGPT is reportedly planning to hold off until next year. People ...

Investing.com -- A strong earnings showing for one memory stock was overshadowed by a rotation out of technology and into more defensive names, while Bitcoin's slide below $60,000 hit crypto-linked stocks over the past few days.

A chief financial officer transition at Nike has some on Wall Street rethinking — and lowering — future earnings per share forecasts.

(Bloomberg) -- Uber Technologies Inc. is tightening driver background checks in the US and applying the new standards retroactively to existing workers, the company’s latest response to a wave of sexual-assault lawsuits brought by passengers.Most Read from BloombergLutnick Delayed Canada Bridge Debut to Seek Bigger Cut of Toll RevenueIndonesia Opens Door to Dirty Money to Fund Prabowo’s PlansApple Shares Sink After Price Hikes Hit iPads and MacsMamdani Rent Freeze Cheers Cost-Weary Tenants, Alar

Moderna shares were up more than 10% Friday after the biotech company revealed a new effort to make a treatment for autoimmune disorders and outlined several experimental drug projects that could help it diversify beyond Covid-19 vaccines in coming years.

Delta Air Lines will kick off second-quarter earnings season for major airlines on July 10, and things have been looking up for the group

PNC Bank stock is up more than double the S&P 500 this year. It hit a record-high share price on Thursday.

Investing.com -- President Donald Trump said on Friday that the United States will impose a 100% tariff on all imports from countries that levy digital services taxes on American companies, escalating tensions over taxation of U.S. technology firms. In a post on Truth Social, Trump said several European countries are considering digital services taxes and warned that any nation adopting such measures would face immediate 100% tariffs on all goods exported to the United States, and adding that th

Following the footsteps of major cryptocurrency companies like Block (NYSE: XYZ), Ethereum Foundation, Coinbase Global (Nasdaq: COIN), and MARA Holdings (Nasdaq: MARA), another firm has decided to fire staff. Launched in 2011, BitGo Holdings (NYSE: BTGO) is a crypto ...

Investing.com -- The United Nations' International Maritime Organization said Friday that approximately 80 mines remain in historic shipping lanes in the Strait of Hormuz, highlighting the challenge of restoring normal operations in the critical oil transit route.