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Motor racing-After U.S. deal, Apple's global F1 push may take time
Reuters95d agoneutral
Motor racing-After U.S. deal, Apple's global F1 push may take time

Apple hopes to enter other markets after securing a five-year U.S. streaming deal to show Formula One races on Apple TV. The Liberty Media-owned single seater is ‌a popular live sports championship amongst fans, streaming services and traditional broadcasters. Bernstein, a research and brokerage firm, estimated that F1’s media rights would be a key revenue driver in 2026, reaching between $90 million and $110 million.

Cathie Wood buys stock despite its drop to new low
TheStreet95d agoneutral
Cathie Wood buys stock despite its drop to new low

Cathie Wood's Ark Invest once again bought the dip. On May 18, the firm purchased 52,308 shares of Bullish (NYSE: BLSH) across three of its ETFs, even as the stock hit a new low. The selloff follows a mixed first quarter of 2026 earnings report released on May 14. Bullish posted adjusted ...

Morgan Stanley resets Fed interest rate cut path for 2027
TheStreet95d agoneutral
Morgan Stanley resets Fed interest rate cut path for 2027

Despite the bond market’s increasing expectations that the Federal Reserve will soon need to hike short-term interest rates, one major bank says the central bank will maintain holding rates steady and then resume a dovish stance next year. Morgan Stanley’s May 18 note, shared with TheStreet, calls ...

Analyst predicts 140% upside for MicroStrategy stock
TheStreet95d agoneutral
Analyst predicts 140% upside for MicroStrategy stock

2026 has hardly brought any respite to the Strategy (Nasdaq: MSTR), formerly known as MicroStrategy, stock. Even though the stock is up nearly 10% this year, the performance has been rather flat over the last month. Even then, an analyst has raised its price target on the Strategy stock due to two ...

Popular pasta chain closes 20 more restaurants
TheStreet95d agoneutral
Popular pasta chain closes 20 more restaurants

Even the biggest, most successful restaurant chains close locations regularly. Starbucks, for example, closes hundreds of locations every few years. That's because populations shift, rents increase, and other factors change that make a once-viable restaurant no longer profitable. The coffee chain, ...

Google expected to court coders, consumers at I/O conference
Reuters95d agoneutral
Google expected to court coders, consumers at I/O conference

Alphabet CEO Sundar Pichai will kick off Google's annual developer conference on Tuesday where the tech giant is expected to ‌reveal a flurry of artificial intelligence upgrades for consumers and coders. This year’s I/O conference in ‌Mountain View, California - traditionally Google’s flagship event for showcasing the cutting edge of its consumer-facing products - will be the company's ​first since last winter's major update to its Gemini AI model helped it regain ground in the AI race. Google parent Alphabet recently came within striking distance of Nvidia as the world’s most valuable company.

What the Musk–Altman legal battle means for OpenAI, SpaceX IPOs
Yahoo Finance Video95d agoneutralVIDEO
What the Musk–Altman legal battle means for OpenAI, SpaceX IPOs

OpenAI's (OPAI.PVT) Sam Altman was not found liable for Tesla (TSLA) CEO Elon Musk's claims, due to clear-cut statute-of-limitations issues. Yahoo Finance's Julie Hyman and Jake Conley discuss the impacts on OpenAI's and SpaceX's (SPAX.PVT) upcoming initial public offerings (IPOs).

Energy & Utilities Roundup: Market Talk
The Wall Street Journal95d agoneutral
Energy & Utilities Roundup: Market Talk

Find insight on NextEra Energy’s acquisition of Dominion Energy and oil futures in the latest Market Talks covering Energy and Utilities.

Trump’s Bull Market Is Standing on Shaky Legs. Just 5 Stocks Account for 52% of the S&P’s Gains
24/7 Wall St.95d agoneutral
Trump’s Bull Market Is Standing on Shaky Legs. Just 5 Stocks Account for 52% of the S&P’s Gains

President Donald Trump has had little trouble pointing to Wall Street as evidence his second term economy is working. Since Inauguration Day on Jan. 20, 2025, the S&P 500 has climbed more than 22%, according to Bloomberg market data, and nearly 48% from the sharp lows hit during the April 2025 tariff-driven selloff. On the ... Trump’s Bull Market Is Standing on Shaky Legs. Just 5 Stocks Account for 52% of the S&P’s Gains

SpaceX’s IPO to Mint Millionaires in Poor Texas Border Town
Bloomberg95d agoneutral
SpaceX’s IPO to Mint Millionaires in Poor Texas Border Town

(Bloomberg) -- A 45-minute drive down a narrow highway separates one of America’s poorest border cities from the heart of Elon Musk’s SpaceX empire.Most Read from BloombergUS Lawmakers Plan New $130 Fee for Electric Vehicle OwnersBillionaire Rinehart Bets $100 Million on US Defense StocksTrump Says Holding Off on New Iran Strikes After Gulf AppealElon Musk Loses Case Against Sam Altman Over OpenAI’s OverhaulStocks and Oil Whipsaw on Mixed US-Iran Signals: Markets WrapA lot has changed in Brownsv

OpenAI’s Legal Victory Comes With A Cost
The Wall Street Journal95d agoneutral
OpenAI’s Legal Victory Comes With A Cost

OpenAI won its legal tussle with its former backer Elon Musk on Monday. A defeat in the case for OpenAI could have upended its business model and reverberated to all the businesses that have come to rely on its success— Microsoft and Oracle perhaps the most. It could have delayed an IPO that is currently expected as early as this year.

Morgan Stanley resets Nvidia stock price target ahead of earnings
TheStreet95d agoneutral
Morgan Stanley resets Nvidia stock price target ahead of earnings

Nvidia reports after the market close on May 20. Morgan Stanley's analyst Joseph Moore published his preview note on May 18. And the number at the center of his argument is one that the rest of Wall Street is, in his view, significantly underestimating. That number is $1 trillion. And whether you ...