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U.S. stocks fell yesterday, with the Dow closing down nearly 700 points, more than 1%. Walmart slumped 9% percent after the retailer reported its smallest sales gain in more than six years as some Americans continue to spend cautiously.
Walmart posted a strong Q2 earnings beat and raised its outlook, but slowing U.S. sales, weaker transactions, and temporary tariff benefits pressured shares and divided investors.
Nvidia Corp. is in early discussions with the Korean AI chip designer Rebellions about possible collaborations, including a technical partnership, an investment or perhaps even an acquisition, according to people familiar with the matter.
European indexes largely rose at market open, with the Europe-wide Stoxx 600 lifted by the banking sector.
For all the US Treasury’s efforts to stem rising borrowing costs, cooling inflation remains the most compelling way to lower bond yields, according to Goldman Sachs Group Inc.
Anthropic, the artificial intelligence company behind the Claude chatbot, is preparing to publicly file paperwork for an initial public offering as soon as the end of this month. The listing could match or surpass the record $75 billion flotation completed in June by SpaceX, Elon Musk's...
The theoretical math suggests the stock should be worth measurably more. Investors are just pricing in the unspoken, unquantifiable reality.
Anthropic expects to match or beat the size of SpaceX's record-setting initial public offering, according to people familiar with the matter, in the latest sign of overwhelming demand from investors looking to profit from the artificial intelligence boom. Anthony Stephens has the latest.
U.S. stock futures are posting slight gains heading into Friday morning as investors weigh rising geopolitical risks against a backdrop of manageable domestic inflation and resilient financial conditions. The Polymarket (CRYPTO: POL) crowd is leaning bullish for the Aug. 21...
Ross Stores Inc (ROST) delivers a 10% comp increase and raises full-year EPS outlook to $8.61-$8.77, driven by robust customer traffic and strategic initiatives.
World shares were mixed on Friday following a retreat on Wall Street as a U.S. Treasury Department plan to boost its government debt buybacks appeared to have only limited capacity to calm markets. In early European trading, Britain's FTSE 100 slipped 0.1% to 10,737.04. In Asia, Japan’s Nikkei 225 fell 0.3% to 66,016.36.
South Korea plans to create a new fund to channel tax windfalls from the country's semiconductor boom into supporting younger generations and invest in future growth industries such as artificial intelligence, the budget ministry said on Friday. The proposed "Future Response Fund" would finance programmes aimed at helping young people find jobs, buy homes and start families, while also supporting investments in AI, regional development and talent development, according to a ministry press release. The fund would be financed mainly by tax revenue exceeding a benchmark based on the average growth in domestic tax receipts over the past decade.
A carbon-credits project funded by ExxonMobil Holdings Corp. was among dozens found by German authorities to be “suspicious,” to have overstated their environmental impact or to be fake.
President Donald Trump signed a new policy Thursday aimed at growing U.S. space launches and expanding re-entry capacity, including directing agencies to consider federal land for new launch sites. The Push for 1,000 Launches By 2030 The National Space Transportation Policy directs the Secretary of War, NASA, and other agencies to identify federal land for an additional reentry site within 90 days, part of a push to support more than 1,000 launches and reentries annually by 2030. The policy also
On Thursday, former Alphabet Inc.’s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google software engineer Linwei Ding received a major legal reprieve after a federal judge overturned his economic espionage convictions. Judge Rejects Economic Espionage Convictions U.S. District Court Judge Vince Chhabria in San Francisco ruled that prosecutors failed to provide sufficient evidence that Ding knew or intended his actions would benefit the Chinese government, a requirement for economic espionage charges, Reuters re
There might not be a safe place to hide in case of an AI bubble. But some ETFs could be less unsafe than others.
Samsung Electronics expects its shareholder returns for this year could reach up to 110 trillion won ($79.54 billion), including 30 trillion won in cash dividends in the third quarter, it said on Friday. The 110 trillion won would be over five times the size of the previous high in shareholder returns of 20.3 trillion won in 2020. Like rival SK Hynix, Samsung has come under pressure from shareholders to return some of the gains from their record-breaking profits as the AI boom drives demand for chips.
Samsung Electronics plans to hold a board meeting on Friday afternoon to discuss a new shareholder return package, a person familiar with the matter told Reuters, after media reports said the plan could be worth more than $70 billion. A Samsung Electronics spokesperson declined to comment. Samsung Electronics, the world's top memory chipmaker and rival SK Hynix, have been under growing investor pressure to return more of their AI-driven cash gains to shareholders through dividends and buybacks after their record-high profits failed to ease investor jitters about AI spending.
Bitcoin rose by more than 4% in early Asia trading Friday, continuing a tear that began Wednesday after the US Treasury revealed plans to rein in long-term bond yields.
One booming corner of Wall Street could pressure everything else.
Pioneer Credit Ltd (ASX:PNC) delivers a record-breaking FY26 with a 245% surge in NPAT, record PDP investments, and a clear path to dividends, setting a new FY29 target of at least $35 million.
Home Depot is navigating a difficult housing market, but BofA sees several reasons the retailer could keep gaining ground.
The American automaker is increasing profits while selling fewer vehicles as its rival pursues an opposite approach.
Moby summary of Ross Stores, Inc.'s Q2 2026 earnings call
Both of these entertainment giants have lost money for their shareholders in 2026.
Revenue guidance cut to $40 million–$43 million as memory costs rise and customer timelines extend.
Jefferies expects Marvell to report a ‘beat and raise’ quarter ahead of the company's earnings print due on August 27.
Backed by decades of consistent earnings, Coca-Cola increased its dividend for the 64th consecutive year.