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Doustdar was fairly fresh off an earnings call, but we connected to discuss a different milestone—his one-year anniversary in the CEO role, which is tomorrow. Introducing culture change had been part of the CEO’s mission since he landed the job, and he arrived with notes, having already worked at Novo Nordisk for 33 years.
A leveraged ETF tracking MicroStrategy promised traders double the upside, but a hidden mechanism built into its daily structure has been quietly destroying capital in ways the headline number alone cannot explain.
Aug 6 (Reuters) - S&P 500 and Dow futures were steady on Thursday after this week's record-breaking rally as investors awaited details on a Middle East peace deal, while Nasdaq futures slipped as
U.S. stock markets closed mixed on Wednesday halting the August rally.
GE Vernova continues to generate exceptional cash flow leverage as orders and slot reservation agreements grow.
NEW DELHI, Aug 6 (Reuters) - Air India, owned by the Tata Group and Singapore Airlines, has named Tewolde Gebremariam as its new CEO at a time when the Indian carrier faces a host of challenges, from
Western Digital Corp. (NASDAQ:WDC) stock traded lower Thursday despite reporting fiscal fourth-quarter earnings and revenue that beat Wall Street estimates. Despite the earnings beat, Western Digital’s outlook fell short of elevated investor expectations, triggering a sector-wide pullback in AI memory and storage stocks. Peers including Seagate Technology Holdings plc (NASDAQ:STX) and Sandisk Corp. (NASDAQ:SNDK) also traded lower Thursday. Read Also: Bigger Earnings, Bigger Drop: The Sandisk Sel
More than 900 million SpaceX shares are set to unlock Thursday, more than doubling the publicly available stock in Elon Musk’s space and AI company, which has struggled since its record-breaking IPO just weeks ago.
TerraCycle unveils its $75 million share offering to the public as the company's revenue grew 93% in five years.
Few big-pharma bosses enjoy a stronger reputation on Wall Street than AstraZeneca’s chief executive, Pascal Soriot. After plunging on a Financial Times report of merger discussions with Bristol-Myers Squibb shares of AstraZeneca recovered somewhat when Reuters reported there are no ongoing talks. After rebuffing Pfizer’s $120 billion takeover bid in 2014, he steadily transformed AstraZeneca into one of the drug industry’s top growth stories.
U. S. stock index futures traded with little direction on Thursday as investors monitored diplomatic developments involving Iran, assessed another round of corporate earnings and looked ahead to key labour market data due later this week.
Reports of talks were quickly disputed, but the prospect exposed the appeal — and antitrust risks — of combining two pharma giants.
<body><p>STORY: "A $15 billion investment that promised 188,000 jobs. That's the pitch behind Google's planned data center in India. But for environmentalists, it's a threat to wildlife and water supply."</p><p>:: Munsif Vengattil, Reuters India Technology Correspondent</p><p>:: Bengaluru, India / August 6, 2026</p><p>:: Google’s $15 billion India data center project battles water, wildlife concerns</p><p>:: Visakhapatnam, India / August 3, 2026</p><p>"This dispute, it centers on where this is being built. The site in the port city of Visakhapatnam, also known as Vizag, it sits near forests, reservoirs, and wildlife sanctuary buffers on in a city that is already facing water shortages. Activists, they say clearances were fast-tracked without assessing the impact on the city's water supply or on local wildlife. </p><p>"The city has already seen at least five street marches, also some round table discussions around the concerns of this project. There have been at least four cases, including in the state's top court, as well as the environmental tribunal in India, all asking for the project work to be halted because of the environmental concerns."</p><p>"Google has given us a very detailed statement for the story saying the project will be complying with all applicable laws on water. They say they will use air cooling technology in the data center facility, which will significantly reduce the water usage."</p><p>"On the wildlife concerns, Google says in their words, they're going to be a silent neighbor because they're gonna use sound dampening fans as well as landscape buffers."</p><p>"The state of Andhra Pradesh has responded to Reuters in a statement. They have said that the concerns of activists are incorrect and misleading, but said that they are open to feedback. They have added that the protesters have every right to protest. And it is open to corrections if it finds that there is any legitimacy to the claims."</p></body>
Brookfield Asset Management Ltd. recently reported second-quarter 2026 results showing revenue of US$1,753 million and net income of US$904 million, alongside affirming a quarterly dividend of US$0.5025 per share payable on September 29, 2026 to shareholders of record on August 31, 2026. The company’s record fundraising, expansion into AI-focused infrastructure, full integration of Oaktree and continued dividend payments together highlight how fee-based and AI-related initiatives are shaping...
↘️ Western Digital (WDC): Shares in the data storage company fell more than 14% premarket despite a more than elevenfold increase in quarterly profit driven by AI storage demand. Sandisk (SNDK) shares also dropped in off-hours trading, falling 7%, despite reporting soaring revenue.
European stock indexes rose in early trade as earnings stories drove increases. The Europe-wide Stoxx 600 added 0.3%, led by consumer-facing stocks and healthcare. London's FTSE 100 moved 0.3% higher, led by a 10.
Networking stocks like Astera and Arista could be the next big winners as the AI boom continues.
Investors may want to brace for turbulence. But these stocks should hold up well.
Joby Aviation is advancing electric air taxi development with higher revenue, improved year-on-year losses and a strong cash position.
Southern Copper, Freeport, Lundin, Energy and Ero have been highlighted in this Industry Outlook article.
Visa, Mastercard, PayPal, Fidelity and WEX have been highlighted in this Industry Outlook article.
Commodities and real estate peformed well in July.
Chip stocks fell in Asia and the U.S. as investors once again grew nervous about the durability of artificial-intelligence spending, while oil held steady in early European trade.
Western Digital Corp. (NASDAQ:WDC) said artificial intelligence (AI) customers are already negotiating long-term storage agreements extending over the next five years, giving the company greater visibility into future demand as hyperscalers continue building AI infrastructure. Customers Seek Storage Agreements Through 2031 During the company’s fourth-quarter earnings call, CEO Irving Tan said Western Digital is in discussions with customers to extend long-term agreements beyond the current cycle
BlackRock, Ameriprise, and Invesco have been highlighted in this Industry Outlook article.
Broadcom, Coca-Cola and Palantir are in focus as Zacks highlights AI growth, resilient execution and key risks shaping each company's outlook.
The latest tariff move wasn't about raising rates; it was about making them stick, and that could reshape which stocks win for years to come.
The S&P 500 snapped a four-session winning streak on Wednesday as investors locked in profits from technology stocks, even as the Dow Jones Industrial Average climbed to another record high. Despite the pullback, Polymarket traders continue to expect the benchmark...
A modest silver lining for headline inflation is overshadowed by one of the central bank's favorite inflationary measures.
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