Tesla Inc. CEO Elon Musk has dismissed reports of the EV giant mulling the sale of its Chinese arm that could have reportedly paved the way for a potential merger with Space Exploration Technologies Corp.. Elon Musk Says Sale Has...
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(Bloomberg) -- South Korean stocks slipped, as heavyweight chipmakers faced selloffs after Friday’s record gains while investors cut back leverage-backed trades. Most Read from BloombergTrump Says US to Hold Off Iran Attack If Deal AgreedSaudi Prince Concerned Over Trump’s Iran Strike Plan: AxiosSingapore's Gated Island for the Rich Is Marred by Decayed HomesIndia’s Family Offices Embrace Profit-Sharing to Attract Top TalentCrushed by Kospi Rout, Angry Koreans Rip Lee and Vow Not to BuyThe Kospi
An executive’s exit from the entertainment giant reminds us what a minefield ‘bring your whole self to work’ can be.
Cathie Wood, head of Ark Investment Management, likes to lock in gains when her tech darlings rally. That's exactly what she's doing with Snowflake, trimming her position after the cloud software stock surged nearly 10% over the past five trading days ahead of earnings. In 2025, the flagship ...
(Bloomberg) -- Leveraged ETFs that offer the tantalizing prospect of doubling or tripling the daily returns of an individual stock are famously risky for investors who buy them. Most Read from BloombergTrump Says US to Hold Off Iran Attack If Deal AgreedSingapore's Gated Island for the Rich Is Marred by Decayed HomesIndia’s Family Offices Embrace Profit-Sharing to Attract Top TalentBessent Joins Japan to Help Reverse Months of Yen LossesSaudi Prince Concerned Over Trump’s Iran Strike Plan: Axios
SAN FRANCISCO, Aug 1 (Reuters) - Capital One Financial hit back on Friday against a lawsuit over its decision to close the Trump Organization's bank accounts years ago, stating that it did so after a review by anti-money laundering experts. The disclosure marks the first time a bank has formally tied money laundering concerns to U.
Vertiv (VRT) had one of its roughest earnings days this week. Its stock fell about 17% on July 29. The AI infrastructure company's second-quarter earnings beat expectations, but its revenue fell short of Wall Street's expectations, and that was enough to sink the stock. Then the ...
Visa's investments should meaningfully boost its top and bottom lines in the longer term.
The cool news is that the latest data from the Federal Reserve’s preferred inflation indicator came in lower than consensus in June, primarily due to a drop in energy prices. The not-so-cool news? During his second Fed Day as Chairman of the U.S. central bank, Kevin Warsh hemmed and hawed over ...
Strong operational performance and strategic divestitures drive record margins, despite Middle East supply disruptions and planned maintenance headwinds.
Elon Musk's net worth has fallen below where it stood before SpaceX's initial public offering priced
Moby summary of LyondellBasell Industries N.V.'s Q2 2026 earnings call
Key takeawaysRoblox shares fell approximately 27 per cent after second-quarter bookings, users and engagement missed expectations. Third-quarter bookings are forecast at US$1.
Apple stock tumbled 7.4% to $308.91 on Friday after its fiscal third-quarter earnings report left investors disappointed. The drop wiped out $359 billion in value, bringing Apple's market capitalization to $4.
LyondellBasell Industries (NYSE:LYB) said second-quarter earnings and margins improved sharply as disruptions tied to the Middle East conflict tightened petrochemical supply, altered trade flows and supported pricing across several of its businesses. Chief Executive Officer Peter Vanacker said the
Digital lender Chime and Visa this week became the latest firms to cite AI as part of a downsizing. While bots usually aren't directly replacing workers, machine learning changes customer access to financial products in a way that's increasingly making some work less necessary.
Crypto trading weakened as Bitcoin declined, although analysts supported Coinbase's effort to diversify into stablecoins and derivatives.
Analysts cut Coinbase stock price targets after a third straight miss, yet most still tell clients to buy COIN.
Record revenue growth and strong guidance failed to offset concerns about volatile search referrals and weaker domestic audience expansion.
Meta Platforms (META) generated the kind of sales growth most firms would be thrilled to see. Wall Street retaliated by cutting about 9% off the stock early Thursday, July 30. Facebook's and Instagram's parent company earned $60.8 billion in sales in the second quarter, up 28% from a year ago. ...
Two analysts downgraded Roblox stock to Sell after the company's third-quarter bookings forecast came in well below Wall Street expectations
Investing.com -- Short sellers have increased their positions in SpaceX before two major events next week: the company's first earnings report as a public company and the release of hundreds of millions of locked-up shares.
Circle Internet Group (NYSE: CRCL), the company behind the USDC stablecoin, saw its shares fall nearly 7% on July 31 even as it announced a key regulatory milestone ahead of its upcoming quarterly earnings. The cryptocurrency firm is scheduled to report its second-quarter 2026 financial results on ...
Microsoft faces an August 11 Copilot lawsuit deadline, days after the biggest one-day market cap gain in US history.
Apple Stock Tumbles as Memory Costs Threaten iPhone Demand
LKQ misses Q2 earnings and revenue estimates as Europe's ERP rollout disrupts Germany, prompting lower 2026 guidance despite growth in North America.
Roblox Corp (NYSE:RBLX) shares fell nearly 30% to around $34 following the company’s second quarter results, as investors reacted to weaker monetization trends and a cautious outlook despite continued user growth. Roblox reported an adjusted loss of $0.26 per share for the quarter ended June...
Reddit shares dropped over 20% Friday after CEO Steve Huffman said the social media company saw volatile search referrals and traffic.
Meta sold off hard after a Q2 print that spooked investors, but a closer look at what actually drove the earnings gap raises a question the market may have answered too quickly.
Roblox shares plunged nearly 30% on Friday, set for their worst one-day decline on record, after the gaming platform forecast a sharp drop in bookings, stocking concerns that recommendation algorithm changes could further pressure near-term spending. If losses hold, Roblox is on track to erase more than $10 billion from its market value, which stood at about $34.9 billion before the selloff. • Roblox said on Thursday it revamped its recommendation algorithm to prioritize games with stronger long-term retention over "cash-grabby" titles focused on short-term spending, hurting bookings as users shifted toward less-monetized experiences.