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Bloomberg3d agoneutral
DraftKings CEO Blasts Prediction Bets on Earnings Call Comments

(Bloomberg) -- DraftKings Inc. Chief Executive Officer Jason Robins said he doesn’t think it is good that bettors are placing prediction market wagers on what executives say on company earnings calls. Most Read from BloombergOpenAI’s New Device Will Be Hockey Puck-Sized and Cost Over $300Iran Wants to Bar US, Israeli Ships From Hormuz in Peace AccordIran Says Agreement on Hormuz Shipping Reached With OmanTrump Administration Considers Order on Autism and VaccinesWhy Do Data Centers Use So Much F

BNSF Railway Says Regulators Should Deny Big Rail Merger Now
The Wall Street Journal3d agoneutral
BNSF Railway Says Regulators Should Deny Big Rail Merger Now

BNSF Railway filed a motion asking regulators to deny the proposed $71.5 billion merger of Union Pacific and Norfolk Southern, saying the two parties did not prove that the merger is in the public interest. “It is anti-competitive, unnecessary to secure any achievable benefits, and will hurt farmers, industrial shippers, rail workers, and consumers,” said BNSF, a unit of Berkshire Hathaway, in a filing to the Surface Transportation Board, the economic regulator overseeing the railroads. “The Board should deny the merger now,” BNSF said.

BlackRock (BLK) Launches Tokenized Cash Funds, Is The 14% Discount Still Compelling?
Simply Wall St.3d agoneutral
BlackRock (BLK) Launches Tokenized Cash Funds, Is The 14% Discount Still Compelling?

BlackRock (BLK) has expanded its cash management line with two tokenized money market products, BSTBL and BRSRV, that apply blockchain infrastructure to regulated funds while aiming to preserve liquidity and principal stability. See our latest analysis for BlackRock. BlackRock’s recent push into tokenized cash management comes as the stock shows stronger momentum over the past month, with an 11.88% 30 day share price return and a 73.58% three year total shareholder return, indicating that...

Fiserv (FISV) Could Be 55% Below Fair Value After Earnings Miss And Guidance Cut
Simply Wall St.3d agobearish
Fiserv (FISV) Could Be 55% Below Fair Value After Earnings Miss And Guidance Cut

Fiserv (FISV) is back in focus after its second quarter 2026 earnings report, where revenue and earnings came in below market expectations and the company cut its full year guidance for revenue and adjusted earnings. See our latest analysis for Fiserv. Fiserv’s share price has been under pressure, with the year to date share price return down 17.5% and the 1 year total shareholder return down 59.2%, as the earnings miss, guidance cut and recent activist pressure have shifted sentiment despite...

Is Costco Wholesale (COST) Fully Valued Following Strong July Sales Growth?
Simply Wall St.3d agoneutral
Is Costco Wholesale (COST) Fully Valued Following Strong July Sales Growth?

Why Costco Wholesale Stock Is Back In Focus After July Sales Update Costco Wholesale (COST) is back on investors radar after reporting July net sales of US$23.12b, up 10.7% year on year, with year to date sales reaching US$273.55b, up 10.1%. See our latest analysis for Costco Wholesale. Costco Wholesale's latest sales update comes with the stock trading at US$949.15, with a year to date share price return of 11.08%. However, the 1 year total shareholder return has slipped 2.33%, suggesting...

Why Super Micro (SMCI) Is Up 6.0% After AI Rack Expansion And AMD Instinct Coder Role
Simply Wall St.3d agoneutral
Why Super Micro (SMCI) Is Up 6.0% After AI Rack Expansion And AMD Instinct Coder Role

In recent days, Super Micro Computer announced a cash dividend of US$14.7778 per share on its 7.00% Series A Mandatory Convertible Preferred Stock, alongside new high-density, liquid-cooled AI data center racks that are factory-integrated for rapid, rack-scale deployment. At the same time, AMD and Spectro Cloud unveiled the AMD Instinct Coder turnkey inference solution built on Supermicro GPU systems, underscoring Supermicro’s role as a key hardware foundation for enterprise AI workloads and...

Bloomberg3d agoneutral
OpenAI Pauses Some Work on New Astra Model Over Cyber Concerns

(Bloomberg) -- OpenAI is pausing some internal work around one of its upcoming artificial intelligence models to implement stricter safeguards after the system was found to be significantly more adept at cybersecurity tasks. Most Read from BloombergOpenAI’s New Device Will Be Hockey Puck-Sized and Cost Over $300Iran Wants to Bar US, Israeli Ships From Hormuz in Peace AccordIran Says Agreement on Hormuz Shipping Reached With OmanTrump Administration Considers Order on Autism and VaccinesWhy Do Da