News

UK towns are competing for £20,000 grants to support local projects as high street footfall continues to lag behind other retail destinations.

Wolfspeed (NYSE:WOLF) shares fell sharply in premarket trading on Thursday after the semiconductor manufacturer delivered significantly weaker-than-expected fiscal fourth-quarter results, extending the selloff that began following Wednesday evening’s earnings announcement. The stock dropped 10.

China's Alibaba on Thursday reported a 9% rise in quarterly ‌revenue, as strong demand for AI services ‌fueled growth in its cloud business, while an extended "618" ​shopping festival boosted its core e-commerce unit. As businesses increasingly deploy artificial intelligence applications, demand for the cloud computing power needed to train and ‌run those systems ⁠has surged, benefiting China's largest technology companies. Alibaba, the country's biggest cloud services ⁠provider, has stepped up investment in AI infrastructure, proprietary models and applications, positioning the technology ​as ​a key growth driver ​for its cloud ‌and consumer businesses.

Wood’s ARK Invest purchased $20 million shares of Broadcom on Wednesday.

By Niket Nishant and Rae Wee Aug 20 (Reuters) - A bond market reprieve appeared to be fading on Thursday as U.S. government bonds sold off and kept stocks under pressure, with investors questioning

Retail sentiment on Stocktwits remained ‘neutral’ on SPY and QQQ.

U.S. stock futures mostly pointed higher, buoyed by the unexpected intervention that broadly lifted global market sentiment.

Space Exploration Technologies' staggered and accelerated share unlock schedule is a disaster in the making for retail investors.

BHB, APTV and CVCO have been added to the Zacks Rank #5 (Strong Sell) List on August 20th, 2026.

Credit quality is strong in part because banks, the largest issuers, have rarely been in better shape over the past few decades.

Carnival stock has delivered a strong 66.9% gain over the past three years, yet its current checks still suggest the shares lean cheap rather than fully reflecting that recovery. The 66.9% return over three years points to a meaningful rebound in sentiment toward Carnival, even though shorter term performance has been more mixed. Carnival’s new target to cut greenhouse gas emissions intensity by 25% by 2029 can support long term competitiveness and cost efficiency. However, the investment...

The social media company reported a notable insider sale as its stock has declined 28% over the past year.

More than 100 installers have collapsed, but one solar giant is surviving and remains positioned to benefit.

Elon Musk said Wednesday that mRNA technology could fundamentally change how diseases are treated, a shift that would make medicine more of a software problem than a biological one, as Moderna Inc. (NASDAQ:MRNA) and Merck & Co Inc. (NYSE:MRK) posted a major cancer-vaccine trial win. mRNA Has ‘Tremendous’ Potential “Despite its obvious misuse during Covid, mRNA has tremendous promise for curing diseases,” Musk said in a post on X. “Artificial RNA essentially makes curing diseases a software probl

Gov. JB Pritzker (D-Ill.) defended the state’s multibillion-dollar investment in public transportation, arguing that strengthening transit is critical to the state’s economy and millions of daily riders. Pritzker Defends Illinois Transit Investment On Saturday, in a post on X while...

L3Harris Technologies, Inc. (NYSE:LHX) fell 4.6% on August 17 after abruptly replacing Chairman and CEO Christopher Kubasik following a board investigation that found his conduct was inconsistent with company values outlined in its Code of Conduct. The company said the matter was unrelated to financial reporting, controls, customer relationships or operational performance. That distinction mattered, […]

Alibaba Group Holding Limited (NYSE:BABA) agreed to sell its entire interest in Lingxi Games to private equity firm Trustar Capital. A source told Reuters that the deal is worth more than $2 billion, although the internal announcement did not disclose the price, closing timetable, or regulatory approvals. Alibaba’s Hong Kong shares closed 1.9% higher at […]

SpaceX launched another 24 Starlink satellites from California on Tuesday, pushing the network toward 11,000 spacecraft in low Earth orbit.

The silicon carbide maker reported a wider-than-expected loss and expects next-quarter sales to remain broadly flat at $140 million to $160 million.

On Aug. 19, 2026, the AI cloud provider announced a massive debt-to-equity conversion plan, triggering dilution concerns and heavy selling pressure.

Accenture’s share price has fallen a long way over the past five years, yet the current valuation picture is mixed. The Discounted Cash Flow (DCF) intrinsic value estimate points to a premium, while the earnings multiple screens suggest the stock may be on the cheap side. Accenture has declined 39.6% over the past five years, which means recent short term gains are set against a sizeable longer term drawdown for existing shareholders. Future revenue and cash flow expectations can support the...

Micron falls to $937.095 after Tuesday's 7% slide despite record revenue, cash flow and net income.

Contract renewals could lift margins, Truist says.

Okta (OKTA) concluded the recent trading session at $141.21, signifying a -1.88% move from its prior day's close.

JPMorgan Chase & Co. (JPM) reached $357.26 at the closing of the latest trading day, reflecting a -1.65% change compared to its last close.

Carnival (CCL) closed the most recent trading day at $26.69, moving 2.15% from the previous trading session.

Citigroup (C) closed at $132.89 in the latest trading session, marking a -3.46% move from the prior day.

The advertising platform provider reported a notable insider sale after shares fell to a 52-week low.

Samsung Electronics raised prices for some advanced chipmaking services by up to 15% for new orders, as surging AI demand fills key production lines and pushes customers toward alternatives to capacity-constrained Taiwan Semiconductor Manufacturing Co. (NYSE:TSM). Prices for U.S. and...

Alibaba stock has slipped this year but earnings are an opportunity to flip the narrative on its artificial-intelligence progress.