JPMorgan expects the shares to "recover and get back to its grind higher" as market prices in the company’s future earnings power over time.
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Ross Stores earnings growth accelerated again after strong results from off-price peer TJX, after Walmart warned on Q2 amid high gas prices.
The videogame maker said it expects fiscal 2027 net bookings to be between $8 billion to $8.2 billion, below Wall Street estimates of $9.13 billion.
(Bloomberg) -- Mega IPOs like those eyed by SpaceX and OpenAI threaten to push the weighting of tech in equity benchmarks beyond market-bubble levels of concentration, according to Bank of America Corp. strategist Michael Hartnett.Most Read from BloombergBungie Plans Layoffs After Ending ‘Destiny 2’ DevelopmentSpot the Difference: Putin Gets Trump Treatment From Xi in ChinaIran Says the US’s Latest Proposal Has ‘Narrowed the Gaps’Iran in Talks With Oman Over Permanent Hormuz Toll SystemModi’s To
Bank of America Corporation (NYSE:BAC) is one of the Most Undervalued US Stocks According to Hedge Funds. On May 8, Reuters reported that Bank of America Corporation (NYSE:BAC) has hired Richard Hardegree as Vice Chair of Mergers and Acquisitions. Hardegree is a seasoned investment banker at UBS and brings over 30 years of M&A experience […]
(Bloomberg) -- Oil pared an earlier gain as prices continue to swing sharply on expectations around a peace deal between the US and Iran.Most Read from BloombergBungie Plans Layoffs After Ending 'Destiny 2' DevelopmentSpot the Difference: Putin Gets Trump Treatment From Xi in ChinaIran Says the US's Latest Proposal Has 'Narrowed the Gaps'Iran in Talks With Oman Over Permanent Hormuz Toll SystemModi's Toffee Gift to Meloni Ignites Rally in Wrong Indian StockWest Texas Intermediate edged higher ab
Moby summary of Arqit Quantum Inc.'s Q2 2026 earnings call
Moby summary of Webull Corporation Class A Ordinary Shares's Q1 2026 earnings call
Following a “pronounced decline” in unit volume, CEO Tarang Amin said the company was testing adjustments to its tariff-driven strategy.
SpaceX's planned IPO would more than triple the U.S. record. Here's how past mega-listings have performed.
Sen. Elizabeth Warren, D-MA, asked three regulators to revoke their approval of a Morgan Stanley restructuring, drawing parallels to scandals that engulfed JPMorgan Chase and Citi.
When the discussions were disclosed in March, analysts weren’t thrilled about the tie-up’s potential to interrupt Estée Lauder’s turnaround.
U.S. stocks have been on a nearly unstoppable rise over the past eight weeks, sending the S&P 500 to its biggest eight-week gain in nearly six years. Take a look at the following chart from Goldman Sachs, which reveals how the bank’s hedge-fund clients are positioning at the moment. It shows that they’ve bolstered their short positions in U.S. exchange-traded funds and index futures—one way that traders cushion their portfolios against broad stock declines.
(Bloomberg) -- A neglected part of downtown Chicago is perking up as Alphabet Inc. redevelops a 1980s-vintage building designed to house legions of state government workers. Most Read from BloombergBungie Plans Layoffs After Ending ‘Destiny 2’ DevelopmentSpot the Difference: Putin Gets Trump Treatment From Xi in ChinaIran Says the US’s Latest Proposal Has ‘Narrowed the Gaps’Iran in Talks With Oman Over Permanent Hormuz Toll SystemModi’s Toffee Gift to Meloni Ignites Rally in Wrong Indian StockSt
Estée Lauder stock rose as much as 11% in premarket trading while Puig stock fell more than 14% in Madrid
Given the hype and anticipation over the largest-ever IPO of SpaceX, it's natural to see the event as easy money.
Nvidia stock has become even more inexpensive on a price-to-earnings basis and compared with Wall Street's targets.
The Starship test flight comes as investors gear up for SpaceX’s initial public offering, which could value the company at $2 trillion or more.
Gilead acquired all outstanding equity of Tubulis for $3.15bn upfront, plus up to $1.85bn in milestone payments.
Salesforce is set to report earnings Wednesday afternoon, with traders expecting a large swing in the software maker's stock following the results.

<body><p>STORY: From SpaceX's blockbuster IPO to Samsung's shares surging after a pay dispute... </p><p>This is the Week in Numbers.</p><p>:: The Week in Numbers</p><p>:: $1 trillion</p><p>Over $1 trillion is the value Elon Musk's SpaceX could reach in its stock market listing.</p><p>That would immediately make it one of the world’s most valuable publicly traded firms.</p><p>Musk has grown SpaceX into the world's largest rocket business by launching thousands of Starlink internet satellites.</p><p>And pioneering reusable rockets.</p><p>SpaceX is aiming to make its market debut as early as mid-June, with a roadshow for investors due to start around a week earlier.</p><p>:: $67 billion</p><p>$67 billion is the value of a deal for NextEra Energy to buy Dominion Energy in an all-stock transaction. </p><p>The two powerhouse utility companies are merging as the AI boom fuels data center demand.</p><p> The deal is one of the biggest in the U.S. power industry, and will create the world's largest regulated electric utility company by market value. </p><p>:: $91 billion</p><p>$91 billion is how much Nvidia expects to make in second quarter sales. </p><p>The world's most valuable company forecast revenue for the quarter above Wall Street expectations.</p><p>And assured investors that new customers would let it maintain blockbuster rates of growth. </p><p> For the first quarter, Nvidia reported revenue of $81.6 billion, also beating forecasts.</p><p>:: 34% </p><p>34% was how much registrations of new EVs in Europe grew by year-on-year in April</p><p>This shift was triggered by an upsurge in international oil prices to well above $100 a barrel. </p><p>During past spikes in fuel prices, consumers also switched to more fuel-efficient cars - but then switched back. </p><p>But, as several European car brands reported a hike in EV orders since the war began, Europe’s senior auto correspondent Nick Carey said this time could be different</p><p>"In markets where EV penetration has already reached a high level, and where charging infrastructure is already quite mature, this is seen as a seismic shift where people are unlikely to go back."</p><p>:: 8%</p><p>8% was how much Samsung Electronic shares surged by after it clinched a deal with its South Korean union...</p><p>to avert an 18-day strike by some 48,000 workers.</p><p>The agreement sparked relief, as a strike could inflict significant damage on the economy and dent global chip supply.</p><p>In terms of the deal, one union source says a memory chip worker with a base salary of about $53,000, is expected to receive a bonus of around $416,000.</p></body>
Elon Musk's corporate universe could be headed for its biggest combination yet, according to Wedbush analyst Dan Ives, who is now putting an 80% probability on a Tesla Inc. and SpaceX merger. Ives made the call in a Wednesday note...
(Bloomberg) -- Intercontinental Exchange Inc., owner of the New York Stock Exchange, is working with crypto exchange operator OKX to launch oil futures contracts that never expire. Most Read from BloombergBungie Plans Layoffs After Ending ‘Destiny 2’ DevelopmentSpot the Difference: Putin Gets Trump Treatment From Xi in ChinaIran Says the US’s Latest Proposal Has ‘Narrowed the Gaps’Iran in Talks With Oman Over Permanent Hormuz Toll SystemModi’s Toffee Gift to Meloni Ignites Rally in Wrong Indian
Quantum computing stocks surged after the Trump administration announced more than $2 billion (€1.7bn) in federal support for the sector. IBM received the largest investment and shares rose over 12% adding more than $27 billion (€23.2bn) in market capitalisation.View on euronews
The companies had publicly confirmed they were in merger talks in March 2026, though both noted at the time that no agreement had been reached.
For the fiscal fourth quarter ended March 31, Deckers reported a record $1.12 billion in sales, up 10%.
(Bloomberg) -- Higher prices at the pump are making Avarisse Crawford rethink her spending. The 33-year-old has started scaling back her “fun budget,” meaning fewer steak dinners and happy hours with coworkers — instead she’s seeking out free activities, like going to the park.Most Read from BloombergBungie Plans Layoffs After Ending ‘Destiny 2’ DevelopmentSpot the Difference: Putin Gets Trump Treatment From Xi in ChinaIran Says the US’s Latest Proposal Has ‘Narrowed the Gaps’Iran in Talks With

Retail names, including Walmart (WMT), Target (TGT), Lowe's (LOW), and Home Depot (HD), all reported quarterly earnings this week. Zacks Investment Management chief market strategist Brian Mulberry joins Yahoo Finance to share his thoughts on the earnings prints, how oil (CL=F, BZ=F) prices and Treasury yields (^FVX, ^TNX, ^TYX) factor in, and more.