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Samsung Reaches 11th-Hour Deal With Union to Avoid Strike
Bloomberg93d agoneutral
Samsung Reaches 11th-Hour Deal With Union to Avoid Strike

(Bloomberg) -- In a last-minute reversal, Samsung Electronics Co. reached a tentative deal with its labor union, averting a potentially crippling strike that had been scheduled to start Thursday at the world’s largest memory chipmaker.Most Read from BloombergSpot the Difference: Putin Gets Trump Treatment From Xi in ChinaModi’s Toffee Gift to Meloni Ignites Rally in Wrong Indian StockSpaceX Shows $4.3 Billion Loss as Musk Targets Record IPOIran Threatens to Retaliate Beyond Middle East If US Att

Tokyo Electron's Taiwan unit says it will not appeal ruling in TSMC trade secrets case
Reuters93d agoneutral
Tokyo Electron's Taiwan unit says it will not appeal ruling in TSMC trade secrets case

Tokyo Electron's ‌Taiwan unit ‌told Reuters in a ​written response on Thursday that it respects the ‌judicial process, ⁠takes the court ruling seriously ⁠and will not appeal ​in the ​TSMC ​trade secret ‌case. In April, a Taiwan court fined the Taiwan unit of Japan's ‌Tokyo Electron ​T$150 million ($5 ​million) ​in a ‌case involving trade ​secrets ​related to TSMC's sensitive chip ​technology. (Reporting ‌by Wen-Yee Lee; ​Editing by ​Kim Coghill)

SpaceX reveals Musk company links, from Cybertrucks and jets to stock investments
Reuters93d agoneutral
SpaceX reveals Musk company links, from Cybertrucks and jets to stock investments

SpaceX's IPO filing revealed extensive commercial and financial ties among Elon Musk's companies ranging from Cybertruck purchases and shared private jets to stock investments, showing how deeply intertwined his business ‌empire has become ahead of what could become the largest IPO in history. While many of the billionaire's companies ‌have long collaborated, the filing contains previously undisclosed details about how they now form a network bound by commercial agreements, financing obligations and operational dependencies ​spanning AI, transportation, communications and infrastructure. The disclosures on Wednesday showed rapidly expanding transactions among SpaceX, electric vehicle maker Tesla, artificial intelligence company xAI and social network X ahead of a planned SpaceX IPO targeting a valuation of about $1.75 trillion.

Morgan Stanley resets Take-Two stock price target before GTA VI release
TheStreet93d agoneutral
Morgan Stanley resets Take-Two stock price target before GTA VI release

Morgan Stanley is bullish on Take-Two Interactive (TTWO), as investors now have a clear release date of Nov. 19, 2026, for the company’s long-awaited Grand Theft Auto VI release. Specifically, the firm's analysis of past major game launches, as the Globe and Mail reported, shows that game publisher ...

Aflac Follows Alphabet Into Japan’s Booming Yen Bond Market
Bloomberg93d agoneutral
Aflac Follows Alphabet Into Japan’s Booming Yen Bond Market

(Bloomberg) -- US insurer Aflac Inc. on Thursday sold a yen bond totaling ¥65.9 billion ($415 million) across four tranches, joining a wave of foreign issuers tapping Japan’s credit market.Most Read from BloombergSpot the Difference: Putin Gets Trump Treatment From Xi in ChinaIran Threatens to Retaliate Beyond Middle East If US AttacksSpaceX Filing Reveals $4.28 Billion Loss, Musk’s Tight GripHasbro Cancels Dungeons & Dragons Game From ‘Star Wars’ VeteranUS Lawmakers Plan New $130 Fee for Electr

Trump Renews Pressure as Iran Vows Retaliation Beyond Mideast
Bloomberg93d agoneutral
Trump Renews Pressure as Iran Vows Retaliation Beyond Mideast

(Bloomberg) -- The US and Iran traded threats of escalation on Wednesday as the weeks-long standoff in the Middle East dragged on without resolution. Most Read from BloombergSpot the Difference: Putin Gets Trump Treatment From Xi in ChinaIran Threatens to Retaliate Beyond Middle East If US AttacksSpaceX Filing Reveals $4.28 Billion Loss, Musk’s Tight GripHasbro Cancels Dungeons & Dragons Game From ‘Star Wars’ VeteranUS Lawmakers Plan New $130 Fee for Electric Vehicle OwnersPresident Donald Trump

Is JPMorgan Chase a good long-term investment in 2026?
TheStreet93d agoneutral
Is JPMorgan Chase a good long-term investment in 2026?

With a market cap of $803 billion, JPMorgan has been the biggest and most influential bank in the U.S. since 2011 (and the largest in the world since 2016), but its success lies light-years away from simple deposits and withdrawals. The visionary insights of its CEO, Jamie Dimon, and astounding ...

The Real Winner of SpaceX’s IPO: Mark Zuckerberg
24/7 Wall St.93d agoneutral
The Real Winner of SpaceX’s IPO: Mark Zuckerberg

Wall Street has spent the last six months questioning Mark Zuckerberg’s aggressive AI capital spending, with Meta Platforms (NASDAQ:META) raising its 2026 capex guidance to $125 to $145 billion after a Q1 in which revenue grew 33% year over year. While everyone debates whether Meta is overspending, a quieter filing from SpaceX just laid out ... The Real Winner of SpaceX’s IPO: Mark Zuckerberg

AT&T, Verizon back $1.2B broadband bet in space tech leader
TheStreet93d agoneutral
AT&T, Verizon back $1.2B broadband bet in space tech leader

Think about the last time your phone lost a signal. Maybe it was on a road trip through a rural stretch of land, or mid-hike somewhere off the grid. Now imagine that never happening again, anywhere on the planet, on the phone you currently own. That is precisely what AST SpaceMobile is building. ...

Tesla Owns Nearly 19 Million Shares of SpaceX: What TSLA Investors Need to Know Before the IPO
24/7 Wall St.93d agoneutral
Tesla Owns Nearly 19 Million Shares of SpaceX: What TSLA Investors Need to Know Before the IPO

I’ve been digging through the SpaceX S-1 filing for hours, and one number deserves its own spotlight in every TSLA model: Tesla’s beneficial ownership of SpaceX Class A common stock. I’m not going to waste your time with a huge article about this. I thought you needed to know right way, so here are the ... Tesla Owns Nearly 19 Million Shares of SpaceX: What TSLA Investors Need to Know Before the IPO

NVIDIA Q1 Earnings Call Highlights
MarketBeat93d agoneutral
NVIDIA Q1 Earnings Call Highlights

NVIDIA (NASDAQ:NVDA) reported record first-quarter fiscal 2027 results, with revenue, operating income and free cash flow all surpassing prior company highs, as executives said demand for AI infrastructure continued to accelerate across hyperscale cloud providers, AI cloud companies, sovereign custo

Walmart, Deere, Zoom earnings headline busy May 21 trading day
Yahoo Finance Video93d agoneutralVIDEO
Walmart, Deere, Zoom earnings headline busy May 21 trading day

Asking for a Trend host Josh Lipton gets investors ready for the busy trading day ahead on May 21, breaking down the key earnings reports to watch — including Walmart (WMT), Deere & Company (DE), Take-Two (TTWO), Workday (WDAY), and Zoom (ZM) — along with the release of the Initial Jobless report,

Wells Fargo revamps Google stock price target after major AI move
TheStreet93d agoneutral
Wells Fargo revamps Google stock price target after major AI move

Google held its annual developer conference last week and unveiled Gemini 3.5 Pro, new AI search integrations, and a product lineup that BofA called evidence of "accelerating velocity of AI innovation." The stock barely moved. That is the strange position Google finds itself in heading into the ...

Analyst Predicts a 2027 Merger Between Tesla and SpaceX
The Wall Street Journal93d agoneutral
Analyst Predicts a 2027 Merger Between Tesla and SpaceX

Wedbush analyst Dan Ives and team put out a research note shortly after the SpaceX prospectus dropped with a prediction: Ives believes that SpaceX and Tesla will merge in 2027. He notes how Tesla already owns a stake in SpaceX and that the joint Terafab facility between SpaceX and Tesla further ties both operations.

SpaceX Bought $131 Million Worth of Tesla’s Cybertrucks in 2025
The Wall Street Journal93d agoneutral
SpaceX Bought $131 Million Worth of Tesla’s Cybertrucks in 2025

SpaceX laid out all of its connected transactions with Tesla, including that it bought $131 million of Cybertrucks from Tesla in 2025 at the “manufacturer’s suggested retail price.” The SpaceX prospectus provided the first glimpse of the dollar figures for payments to Musk’s other companies. In total, Tesla is mentioned 87 times in the SpaceX prospectus, including this outlook: “We plan to explore other areas of strategic collaboration with Tesla in the future.”

Bloomberg93d agoneutral
OpenAI Faces IPO Unknowns Even After Victory Over Elon Musk

(Bloomberg) -- Elon Musk’s legal battle against OpenAI has hung over the ChatGPT maker for more than two years, threatening to unravel its restructuring as a for-profit business and undermine its plans to go public.Most Read from BloombergSpot the Difference: Putin Gets Trump Treatment From Xi in ChinaIran Threatens to Retaliate Beyond Middle East If US AttacksHasbro Cancels Dungeons & Dragons Game From ‘Star Wars’ VeteranUS Lawmakers Plan New $130 Fee for Electric Vehicle OwnersUS Treasuries Re