Investing.com -- A major AI team-up wasn’t enough to cushion the blow for Rackspace Technology (NASDAQ:RXT). Shares plummeted over 10% Thursday after the cloud operator severely dialed back its fiscal 2026 revenue projections, completely overshadowing a high-profile strategic partnership with Palantir Technologies (NASDAQ:PLTR) announced earlier in the day. The San Antonio-based enterprise AI infrastructure provider aggressively trimmed its fiscal 2026 revenue guidance to a range of $2.45 billio
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Nike Inc. (NYSE:NKE) is one of the 12 Best Dow Stocks to Invest In Right Now. On July 3, Joseph Civello, an analyst at Truist Financial, reiterated a Buy rating on Nike Inc. (NYSE:NKE) and set a price target of $47. The analyst update follows the company’s quarterly earnings report announced on June 30. The […]
Investing.com -- PepsiCo (NASDAQ:PEP) reported second-quarter results that exceeded revenue expectations while adjusted earnings came in slightly below analyst estimates, with shares rising 1% following the announcement.
Johnson & Johnson expects U.S. physicians to perform the first procedures with the device this summer as it starts a phased commercial rollout.
The short-term rental giant is the mystery buyer who paid $81.5 million for a property on Park Avenue South.
Caterpillar is losing momentum as investors weigh rich valuations, tariffs and execution risks.
The airline kicks off earnings season Friday. Is the stock worth buying ahead of it?
Shares of the Chinese artificial-intelligence company rose sharply after it announced plans for a US$4 billion fundraising to support growth, despite pricing the new shares at a discount.
Shares slipped in Asia and oil prices jumped Thursday as conflict escalated in the Middle East, with Iran and the U.S. launching fresh attacks. U.S. futures edged higher. The United States launched more airstrikes on Iran, and Iran responded by firing at Bahrain, Kuwait and Qatar, a day after U.S. President Donald Trump said their temporary ceasefire was “over.”
Cathie Wood, head of Ark Investment Management, is known for buying her favorite tech stocks during market pullbacks. That's exactly what she just did, adding shares of an AI stock after a sharp selloff. In 2025, the flagship Ark Innovation ETF gained 35.49%, far outpacing the S&P 500’s ...
The long-duration iShares 20+ year bond yield ETF dropped on Wednesday after Fed Minutes hinted towards a possibility of a rate hike, while US-Iran risks resurfaced.
Transcript: Caroline Woods:Inflation expectations are creeping higher again and investors are wondering whether traditional income strategies are enough anymore. How does that change the income playbook? Matt Kaufman is global head of ETFs at Calamos Investments and joins us now. Matt, so good to ...
Michael Burry, the investor famed for predicting and profiting from the 2008 U.S. housing market collapse, has bought shares of sports-betting platforms Flutter Entertainment and DraftKings, wagering regulatory scrutiny will eventually curb the threat posed by prediction markets. Burry said on Wednesday he bought Flutter at about $107 a share and DraftKings "in the low $26s." Together, the investments make up a full-sized position weighted roughly 60/40 toward Flutter, though the investor said he may make each a full position in the future.
By Stephen Culp NEW YORK, July 8 (Reuters) - The S&P 500 and the Dow followed their global counterparts lower on Wednesday, and crude prices surged as U.S.
PepsiCo reports second-quarter earnings Thursday, with investors focused on whether improving North American snack demand and marketing investments can sustain the company’s turnaround.
SK Hynix climbs 14% as shares begin tradint on Nasday
Dell Technologies (DELL) demonstrates exceptional technical momentum with a 246% increase over the past year. DELL maintains robust fundamentals with cash flow up 313% last year. Technical indicators show a 100% “Buy” opinion from Barchart. Analyst sentiment skews positive with multiple “Strong Buy” ratings, but valuation concerns persist. Today’s Featured...
The move came ahead of the company's upcoming earnings report.
Zillow Group (Z, ZG) and Rocket Companies' (RKT) Redfin are headed to trial in August in the Federal
United (UAL) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Exxon (XOM) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Bond yields rose on Wednesday as oil prices surged amid renewed tensions in the Middle East.
China is planning to let top AI companies buy a limited amount of Nvidia's H200 chips, the Information reported on Wednesday. Chinese officials have told Alibaba, ByteDance and DeepSeek in recent weeks that they may soon receive permission to buy some H200 chips, the report said, citing two people.
Iran conflict-driven crude gains lifted ExxonMobil's second-quarter profit outlook, partly offset by Middle East production losses.

Chinese e-commerce giant Alibaba (BABA, 9988.HK) is seeing its biggest stock gains since September 2025, jumping by nearly 11%.
Hong Kong tech stocks staged a comeback today, even as South Korea's Kospi, an AI darling, slipped into bear market. Investors aren't necessarily abandoning AI, they are moving away from the most crowded parts of the trade and looking for a different AI driver, according to Saxo Markets chief investment strategist Charu Chanana.
TeraWulf shares rose more than 12% in morning trade after Morgan Stanley raised its price target and maintained an 'Overweight' rating.
Apple Inc (NASDAQ:AAPL, XETRA:APC) announced a new multiyear agreement with Broadcom Inc (NASDAQ:AVGO, XETRA:1YD) valued at more than $30 billion to design and manufacture custom silicon components and wireless connectivity technologies in the United States, marking the company's largest...
Investing.com -- Occidental Petroleum was upgraded to "Outperform" from "Underperform" by Evercore ISI, which also raised its price target to $65 from $58, arguing the oil producer is poised to benefit from a stronger balance sheet and improved capital efficiency after an extended period of underperformance.