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Once operational, the project is forecast to generate around $25m in revenue for McCurtain County in Oklahoma, US.

NEW DELHI/MUMBAI, Aug 4 (Reuters) - India has moved a step closer to reintroducing merchant fees on transactions made through its popular Unified Payments Interface (UPI) after proposed changes to the

Palantir beats expectations, White House to review AI security risks, Snap gathering optimism, and more news to start your day.

Jensen Huang's push for open AI may sound altruistic, but it could also be one of Nvidia's smartest long-term growth strategies.

(Bloomberg) -- The breakdown of Uber Technologies Inc.’s robotaxi partnership with Alphabet Inc.’s Waymo is looming large over the ride-hailing giant’s quarterly results, as investors grow anxious about the stock that has lagged the broader market this year. Most Read from BloombergBeer Dynasty Families Sell €731 Million Stake in AB InBevApple’s New CEO Taps Retired Hardware Executive for Management TeamTaco Bell Met With Michigan on Parasite Weeks Before RecallMamdani Dismisses Business Leaders

“Big Short” investor Steve Eisman said on his own show, Real Eisman Playbook, that “If I was the head of Anthropic or OpenAI, I’d be petrified. That spells to me price war.” The comment lands at an inconvenient moment: both labs have filed confidentially with the SEC and are aiming at public listings near $1 ... ‘I’d Be Petrified’: Steve Eisman Says Cheap Chinese AI Models Could Wreck OpenAI and Anthropic’s Valuations

Increasing global energy demand and improvements in drilling technology have driven oil and gas majors to invest in geothermal.

With increased AI infrastructure spending, Nvidia, SK Hynix, and TSMC all look like good buys.

President Trump's brokerage accounts have bought substantial shares of Alphabet and Meta Platforms stock this year.

SpaceX reports its inaugural quarterly numbers on Tuesday evening. A lot will be said about rocketry, AI, space, and even the future of human civilization. SpaceX is newly public and it just merged with Elon Musk’s AI company, xAI, in February.

Amazon posted its biggest rally since 2012 after AWS revenue surged to $42.2 billion, while Microsoft's Copilot adoption doubled to 30 million users.

The metric adds a company’s year-over-year revenue growth rate to its profit margin and is most commonly applied to enterprise software and SaaS companies.

SpaceX is due to release its first earnings report as a public company after the close today. Here’s what to look for in its second-quarter performance: Starlink growth: SpaceX’s satellite internet product is the company’s cash cow.

Greg Abel has been a busy man since taking over from Warren Buffett.

Palantir Technologies Inc. (NASDAQ:PLTR) reported unrealized gains from its investment in Space Exploration Technologies Corp. (NASDAQ:SPCX), boosting its second-quarter earnings, making it the latest major technology company to benefit from the Elon Musk-led company’s blockbuster public debut. SpaceX Stake Added to Quarterly Earnings During the company’s second-quarter earnings call on Monday, CFO David Glazer said unrealized gains from the company’s SpaceX investment contributed $0.03 to GAAP

Warren Buffett rarely calls his own investments mistakes. He rarely doubles down on ones he still questions. In a July CNBC interview, he did both at once. Buffett confirmed he personally started Berkshire's Alphabet position, confessed he should have bought years earlier, and flagged the enormous ...

Aswath Damodaran warns smaller AI stocks face a shakeout as Big Tech's cash flow protects Magnificent Seven giants.

Meta's ad business is on fire, but on its latest earnings call, analysts kept probing the large, open-ended bill for its AI future, and management’s answers revealed the real risk.

REVIEW PREVIEW NEWSLETTER Fresh Record. Markets kicked off the first trading day of August on a strong note, with the Dow Jones Industrial Average closing at a new high on Monday. The pullback in oil prices held despite Iran’s denial of any peace talks taking place, allowing markets to look through the latest geopolitical back-and-forth and focus on a Magnificent 7 rally.

Apart from Google and Meta, OpenAI and Anthropic were also reportedly invited to discuss voluntary AI safety testing with White House officials.

Microsoft's growth story is undeniable, but its latest earnings call revealed the one question that truly matters: who is paying for the large AI buildout, and what happens if they stop.

<body><p>STORY: U.S. stocks kicked off August with a rally on Monday, as the Dow added about one-and-a-third percent to close at a record high, the S&P 500 climbed one-and-a-half percent and the Nasdaq added more than two percent.</p><p>Communication services was the best performing of the 11 major S&P sectors, boosted by a 6% jump for Meta and a nearly 5% gain by Alphabet.</p><p>Jed Ellerbroek is portfolio manager at Argent Capital&nbsp;Management.</p><p>“Obviously, an extension from last week, in terms of the big cloud computing giants, doing well after their earnings report. And then I think we're also starting to see some semiconductor and AI data center CapEx beneficiary flow through and do well too. Nvidia, for example, is up I think a little more than 3% today. So, I guess a broad tech rally. And I think investors are becoming increasingly convinced that the return on investment from all of the CapEx spending that the big tech companies are doing has got an appealing ROI to it - both now and I think in the future, too. And so that's why we've seen those stocks rally so much here in the last three or four trading days. And that’s really an amazing contrast to just the week before.”'</p><p>:: Amazon</p><p>Sticking with tech, shares of Amazon gained about four-and-a-half percent as the company's market cap surpassed $3 trillion for the first time after its earnings results last week.</p><p>And shares of SpaceX, which will report its first quarterly results on Tuesday, jumped more than five-and-half percent. The stock has been trading below its $135 issue price for nearly three weeks after its debut in mid-June.</p><p>Meanwhile, crude prices settled down about 5% after President Donald Trump said on Sunday that talks with Iran to reopen the Strait of Hormuz would take place on Monday, though Iran disputed that talks were planned.</p><p>Lower oil prices helped push the S&P 500 Energy sector down more than one percent, making it the worst performing sector of Monday's session.</p></body>

Wall Street's Magnificent Seven -- Apple, Nvidia, Alphabet, Microsoft, Amazon, Meta Platforms, and Tesla -- are quickly losing their luster.

Ackman isn't leaving this opportunity on the table, and retail investors shouldn't, either.

Adeia (NASDAQ:ADEA) reported second-quarter 2026 revenue of $96.1 million and adjusted EBITDA of $56.4 million, producing an adjusted EBITDA margin of 59%. The intellectual-property licensing company said results were in line with its expectations and reiterated full-year revenue guidance of $395 mi

Earnings season is in full swing, and one common theme that spooked investors: cash burn.

Ray Wang sees the AI market splitting megacaps into two very different investment stories, and the beaten-down names Wall Street has abandoned may be hiding the more compelling opportunity.

(Updates with index/price moves and company/geopolitical news from the first paragraph.) US equit

<p>MAGS, MGK and QQQ are the three ETFs that hold all seven Magnificent 7 stocks. Compare their weights, fees and 2026 returns to find the right fit.</p>

The company announced a new integration with a tech titan it has partnered with for years.