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U.S. Stocks Rise as Amazon Earnings Offset Apple Chip Woes
The Wall Street Journal7d agoneutral
U.S. Stocks Rise as Amazon Earnings Offset Apple Chip Woes

U.S. stocks rose despite a rout in Apple shares as Amazon’s earnings kept the artificial-intelligence recovery rolling. The broad S&P 500 gained 52.09 points, or 0.70%, to 7489.72 and the tech-heavy Nasdaq Composite added 251.68 points, or 1%, to 25373.85. The yield on the 30-year bond rose 0.068 percentage point to 5.274%, completing its largest monthly gain since December 2024.

Bloomberg7d agoneutral
Biggest Wall Street Rotation Since 2020 Shows AI Crowding Risks

(Bloomberg) -- Wall Street staged a tentative recovery from one of the wildest weeks of the AI boom, belying a historic rotation beneath the surface that briefly exposed growing cracks in some of the grand assumptions underpinning global markets.Most Read from BloombergSingapore's Gated Island for the Rich Is Marred by Decayed HomesAnthropic AI Models Hacked Three Organizations During TestsMoonshot’s Kimi Uses 20,000 Nvidia Chip Cluster From AlibabaMicrosoft’s $450 Billion Jump Is Biggest in Sto

SpaceX to release first earnings report: What investors are looking for
Yahoo Finance Video7d agoneutralVIDEO
SpaceX to release first earnings report: What investors are looking for

Elon Musk's SpaceX (SPCX) is scheduled to release its first earnings report on Tuesday, August 4, since going public in June. Yahoo Finance Senior Transports Reporter Pras Subramanian outlines the areas that investors will be paying the most attention to, especially since SpaceX stock has sunk far below its IPO price.

Magna International Q2 Earnings Call Highlights
MarketBeat7d agoneutral
Magna International Q2 Earnings Call Highlights

Magna International (NYSE:MGA) reported stronger second-quarter results for 2026, citing operational improvements, margin expansion and cash generation that led the automotive supplier to raise its full-year outlook. Sales rose 3% year over year to $11 billion in the quarter, while adjusted EBIT in

Week’s Best: Wells Fargo’s Recruiting Comeback
Barrons.com7d agoneutral
Week’s Best: Wells Fargo’s Recruiting Comeback

In their wake, the bank’s wealth management unit suffered an exodus of financial advisors. Wedding-related spending has increased 8.5% year over year so far in 2026, according to Bank of America payments data. Inflation is playing a role, but so is social media: A majority of respondents to a BofA survey said the era of digital connections and scrolling has introduced additional expenses, such as hiring content creators to capture and share the special day.

Want to trade SpaceX for Apple? 1inch says skip the dollars
TheStreet7d agoneutral
Want to trade SpaceX for Apple? 1inch says skip the dollars

1inch, a leading decentralized finance (DeFi) protocol, just announced the launch of it’s new shared liquidity protocol, Aqua. It promises to improve efficiency and unlock liquidity for users across networks. Sergej Kunz, co-founder and CEO at 1inch, joined TheStreet Roundtable to talk about the ...

Bloomberg7d agoneutral
Big Tech Holds $2 Trillion of Spending Commitments for AI Boom

(Bloomberg) -- The four largest players in the data center race have committed nearly $2.4 trillion in spending over the coming years, pointing to massive ongoing investment in AI infrastructure.Most Read from BloombergSingapore's Gated Island for the Rich Is Marred by Decayed HomesAnthropic AI Models Hacked Three Organizations During TestsMoonshot’s Kimi Uses 20,000 Nvidia Chip Cluster From AlibabaMicrosoft’s $450 Billion Jump Is Biggest in Stock Market HistoryChip Stocks Post Biggest Advance S

Mark Zuckerberg's data center: Bigger risk than your house
TheStreet7d agoneutral
Mark Zuckerberg's data center: Bigger risk than your house

Let's say you're buying a new house, and you've been tracking mortgage rates before closing. And you're within your rights to be concerned that the rate on a 30-year mortgage has been rising of late. In fact, the rate has risen from just under 6% at the end of February to 6.66% as of July 30, ...