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Memory giant Micron (MU) will report its third quarter earnings after the bell on Wednesday, providing another update on the broader AI build-out.
Memory giant Micron (MU) will report its third quarter earnings after the bell on Wednesday, providing another update on the broader AI build-out.
Memory giant Micron (MU) will report its third quarter earnings after the bell on Wednesday, providing another update on the broader AI build-out.
The rumor that Elon Musk may merge SpaceX and Tesla will only further disconnect the carmaker's valuation from its performance, Jefferies says. Cathie Wood bought almost 55,000 shares of Tesla on Friday.
Uber Technologies' board was sued on Monday by shareholders who accused management and directors of letting the ride-sharing company cut corners on compliance, leading to thousands of lawsuits from victims of sexual assault and harassment. In a complaint filed in San Francisco federal court, shareholders led by a Detroit pension fund said board members ignored repeated internal and external warnings about Uber's alleged failure to address sexual abuse by drivers. Shareholders said oversight failures were also a factor in lawsuits filed last year by the federal government, which accused Uber of routinely refusing to serve disabled passengers, including people with service animals or stowable wheelchairs, and engaging in deceptive billing and cancellation practices.
Despite pressure from inflation, Federal Reserve policy, and the Iran conflict, the stock market has shown remarkable resilience. That strength has created a new concern heading into the end of June: a potentially massive wave of institutional selling. According to a recent JPMorgan analysis, roughly $165 billion of equity selling pressure could wash over the ... Massive Wave of Selling Is Coming, Says JPMorgan. Here’s Why It Probably Won’t Matter
SpaceX stock fell again on Monday, giving it three straight down days after a massive run-up following its IPO earlier this month. SpaceX also confirmed its first-ever bond issuance in a filing.
SpaceX stock fell again on Monday, now poised for three straight down days after a massive run up following its IPO earlier this month. SpaceX also confirmed its first ever bond issuance in filing.
The Dow rose 270 points, or 0.6%. The Nasdaq was down 0.1%. The major indexes tumbled on Wednesday in the wake of Kevin Warsh’s first Federal Open Market Committee meeting as chairman of the Federal Reserve, but traders bought the dip on Thursday.
Wall Street enters the final full week of June with investors juggling inflation, artificial intelligence and the health of the banking sector. After last week's Federal Reserve meeting under new Chair Kevin Warsh, attention now shifts to a busy slate of economic data, corporate earnings and...
Despite the interim US-Iran deal and a considerable fall in oil prices, risk assets have barely moved, with the S&P 500 still beneath its record high from early June and credit spreads widening. The puzzle reflects four competing forces, Deutsche Bank analyst Henry Allen argues. First,...
Over the past six months, Hillman’s stock price fell to $8.22. Shareholders have lost 9.8% of their capital, which is disappointing considering the S&P 500 has climbed by 9%. This was partly driven by its softer quarterly results and may have investors wondering how to approach the situation.
The search giant is putting about $75 million into the studio as part of an artificial intelligence research partnership.
Although they sit atop the home improvement industry, these two businesses aren't immune from macroeconomic forces.
BANGALORE, June 22 - Indian fintech firm CRED's founder Kunal Shah will become Meta-owned WhatsApp's new leader, the messaging app's current head Will Cathcart said on Monday in a post on X.
MP Materials and USA Rare Earth climbed as Beijing included the U.S.-backed rare earth suppliers on an export ban list.
The company plans to use proceeds to repay bridge financing, with AI infrastructure cited as a key funding priority
Investing.com -- Micron Technology (NASDAQ: MU) caught a massive tailwind on Monday, with shares jumping 5.5% after the memory-chip giant unveiled a deep strategic partnership with AI heavyweight Anthropic. The surge comes as a perfect appetizer for investors just days before Micron’s highly anticipated Wednesday earnings report.
Indian fintech firm CRED said on Monday it will raise about $900 million from Meta Platforms at a post-money valuation of $4.5 billion, as it seeks to accelerate growth and prepare for an eventual stock market listing. (Reporting by Surbhi Misra in Bengaluru; Editing by Diti Pujara)
SpaceX is selling investment-grade bonds for the first time to fund the company's AI ambitions following its record IPO. Ed Ludlow has more on "Bloomberg Open Interest."
The market’s attention has been fixed on SpaceX‘s (NASDAQ:SPCX) historic public debut and the company’s rapid climb toward a valuation exceeding $2 trillion. Yet the bigger story may not be the IPO itself. It may be what Elon Musk does next. Over the past several years, Musk has increasingly consolidated businesses that share technology, talent, ... Did Elon Musk Just Hint a SpaceX-Tesla Merger Is Imminent?
Micron Technology (NASDAQ:MU) stock is up about 6% in Monday morning trading to around $1,199, leading a broad memory and storage rally into the company’s Wednesday earnings report. Western Digital (NASDAQ:WDC) stock is also up by about 6% to around $788, while SanDisk (NASDAQ:SNDK) stock is up 5% to around $2,294. The group is resisting ... Micron and Western Digital Rise 6%, SanDisk Gains 5% as Memory Stocks Rally Into Micron’s Earnings
Global Auto is exploring a Toronto listing as soon as this year, with deliberations still ongoing.
Micron Earnings Loom as Wall Street Bets on Another AI-Fueled Blowout
AbbVie announced Monday a $10.9 billion plan to acquire immunology-focused Apogee Therapeutics, sending Apogee stock flying.
Investing.com -- TD Cowen downgraded shares of Accenture to Hold from Buy and slashed its price target to $150 from $258, arguing that a near-term recovery has become increasingly difficult as growth expectations weaken and investor sentiment toward the consulting giant deteriorates.
EV maker Lucid Group said on Monday it would cut about 18% of its U.S. workforce and announced COO Marc Winterhoff had left the company, marking its second major executive change in recent months as it tries to boost profitability amid growing competition. In April, the EV maker appointed former Schindler chief Silvio Napoli as CEO.
The average American household spent about $200 per month on gasoline according to the latest federal expenditure data. With gasoline prices remaining elevated in 2026, many families are paying considerably more. Most people treat their gas bill as a fact of life. Investors can treat it as an income target. The goal is simple: build ... The Portfolio That Quietly Pays For Your Gasoline Forever
For two decades, Alphabet (GOOGL) generated revenue primarily through advertising, including search ads, YouTube ads, and display ads across its network. On the company's Q1 2026 earnings call in April, CEO Sundar Pichai described a shift in that structure. "Revenue from products built on our gen ...
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