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Apple shares were falling hard early Friday, puncturing the iPhone maker’s recent strong run. But analysts at Citi think there are still grounds to back the stock. Apple shares were down 7.4% at $308.
(Bloomberg) -- Situational Awareness tried selling some of its stakes in privately held companies as it rushed to raise cash to meet a barrage of margin calls from its lenders this week. Most Read from BloombergChip Stocks Post Biggest Advance Since April 2025: Markets WrapUS Strikes Iran Again as Conflict Spreads Across Middle EastBond Yields at 19-Year High Send Warsh Credibility WarningWarner Bros. Deal Collapse Would Cost the Ellisons $9.8 BillionMicrosoft’s $450 Billion Jump Is Biggest in S
Leading cryptocurrencies staged a sharp recovery alongside stocks on Thursday, reversing a Federal Reserve-driven sell-off the day before. Cryptocurrency24-Hour Gains +/-Price (Recorded at 9:25 p.m. EDT)Bitcoin (CRYPTO: BTC)+2.16%$65,112.78Ethereum (CRYPTO: ETH) +1.31%$1,929.21XRP (CRYPTO: XRP) +1.48%$1.08Solana (CRYPTO: SOL) +2.05%$75.02Dogecoin (CRYPTO: DOGE) +0.72%$0.07079 Crypto Market Rebounds After a brief lull, Bitcoin pushed back above $65,000. Ethereum, meanwhile, continued to wrestle w
(Bloomberg) -- China’s factory activity unexpectedly contracted for the first time in five months, adding to signs of slowing economic momentum. Most Read from BloombergChip Stocks Post Biggest Advance Since April 2025: Markets WrapUS Strikes Iran Again as Conflict Spreads Across Middle EastBond Yields at 19-Year High Send Warsh Credibility WarningWarner Bros. Deal Collapse Would Cost the Ellisons $9.8 BillionMicrosoft’s $450 Billion Jump Is Biggest in Stock Market HistoryThe official manufactur
Tesla executives have been told to prepare for a separation of its China business ahead of a potential merger with SpaceX, the Wall Street Journal reported on Thursday, citing a person familiar with the talks. A merger between Elon Musk's Tesla and SpaceX would raise geopolitical and regulatory hurdles, particularly in China, because SpaceX is a major U.S. defense contractor involved in national security and satellite programs, while Tesla operates wholly owned manufacturing facilities in China.
Coinbase Global (Nasdaq: COIN) reported second-quarter 2026 earnings on July 30, posting $1.22 billion in total revenue, below Wall Street expectations of roughly $1.29 billion to $1.31 billion. The company also reported a GAAP net loss of $359.5 million, or $1.36 per diluted share. Coinbase is the ...
Michael Saylor’s Strategy (Nasdaq: MSTR) reported an $8.22 billion net loss for the second quarter of 2026 on July 30, as falling Bitcoin prices reduced the value of its holdings. The company posted a diluted loss of $24.45 per share, compared with analysts’ estimate for a loss of $2.19 ...
The crypto exchange missed revenue and earnings expectations, but highlighted rising subscription revenue and gains in global trading share.
Roblox (RBLX) delivered earnings and revenue surprises of +21.21% and -2.11%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?
Strategy (MSTR) delivered earnings and revenue surprises of -146.98% and -3.61%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?
Apple late Thursday beat Wall Street's targets for its fiscal third quarter ended June 27. But its sales outlook was weak.
Apple's third-quarter earnings featured strong growth for its flagship product, but shares are falling about 4% after market close. IPhone sales grew 21% , but Apple's overall revenue of $109.4 billion came in only slightly above Wall Street's $108.
The exchange reported lower quarterly revenue and a net loss as crypto trading activity declined, while subscription, stablecoin, and lending businesses continued to grow.
Revenue rose 16% to $109.4 billion and EPS climbed 29%, but a shortfall in services sent Apple stock down in after-hours trading
Coinbase missed Q2 revenue estimates and posted a $359.5M net loss, sending COIN shares lower despite record crypto market share and USDC growth.
SoFi delivered a strong Q2 earnings beat, but its unchanged profit outlook sent the stock tumbling. So, what should be your stance now?
The solar technology company said customer contract cancellations offset an increase in module sales to third parties.
Meta raised its minimum capital-spending forecast as its artificial-intelligence infrastructure expansion consumed substantially more cash.
Investors are weighing expected double-digit revenue growth against margins, component costs and Apple's new device-leasing strategy.
Earnings from Schneider Electric and several other companies beyond Microsoft can give nervous investors some comfort about the direction of the AI trade.
Jersey Mike's sandwich chain made it from the Jersey Shore to the financial capital of the world.
A Massachusetts couple who ran an e-commerce newsletter started receiving anonymous packages containing live cockroaches, a fetal pig, and death threats, and it took years before the full scope of who orchestrated the campaign against them came to light.
Shares of Teladoc Health fell more than 25% Thursday after the telehealth company missed second-quarter revenue expectations and cut its full-year sales forecast. The pain is concentrated in BetterHelp, Teladoc's therapy and psychiatry platform, where revenue fell 12% to $212.6 million. Teladoc has pushed BetterHelp users toward insurance-covered therapy instead of cash-pay sessions.
The RNA-focused biotech shed 30% of its market value — or close to $12 billion — amid growing investor concerns about its main drug business.
Jersey Mike's has gone public. Shares of the sub giant are due to start trading today on the New York Stock Exchange after about 43.5 million shares priced at $23 each yesterday. The company raised about $1 billion in its IPO.
MO's second-quarter earnings miss estimates as cigarette shipments fall, though higher pricing lifted smokeable products revenues and supported profit growth.
MGM posts record Q2 revenues, but earnings fall as China and regional margin pressure offset Las Vegas and digital growth.
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