News

Shares of SpaceX on Monday rose above $135, the price at which the company sold shares to the public in mid-June, for the first time since July 16.

Rocket Lab stock rose slightly ahead of its earnings report on Monday. Shares rallied 27% last week.

Varex Imaging reported higher revenue, stronger non-GAAP margins and improved earnings, although tariff refunds and related customer reimbursements provided a roughly $10 million benefit to quarterly gross profit. Key Investor TakeawaysVarex Imaging (NASDAQ:VREX) reported Q3 FY2026 revenue of $211 million, up 4% year over year, with Industrial revenue reaching $77 million and Medical revenue at $134 million.

(Bloomberg) -- Global AI, a two-year-old tech firm, has raised $441 million in debt financing led by JPMorgan Chase & Co. to meet growing demand for artificial intelligence data centers.Most Read from BloombergChina Unleashes $28 Trillion Capital Markets to Challenge US in AIIran Shakes Up Security Team After Saying Oman Deal ‘Very Close’Stocks Churn as Oil Advance Boosts Treasury Yields: Markets WrapTrump Amps Up Pressure on Billionaire Sargeant to Exit VenezuelaBehind Bessent Moves, Wall Stree

Key Earnings Reports Ahead

Shares of Tenax Therapeutics and Sionna Therapeutics tumbled Monday after the biotechs revealed separate late-stage trial failures. Tenax stock fell nearly 90% after a Phase 3 trial of its experimental heart-failure pill failed to help patients walk farther than those on a placebo.

(Bloomberg) -- Lambda Inc., an AI cloud-computing provider backed by Nvidia Corp., is selling a leveraged loan to finance a chip deal as the risky debt market becomes a new front in the borrowing binge to finance the artificial intelligence buildout. Most Read from BloombergChina Unleashes $28 Trillion Capital Markets to Challenge US in AIIran Shakes Up Security Team After Saying Oman Deal ‘Very Close’Stocks Churn as Oil Advance Boosts Treasury Yields: Markets WrapTrump Amps Up Pressure on Billi

Rocket Lab heads into today's Q2 earnings with four tailwinds—an impressive launch track record, new Space Force contracts, an $8 billion acquisition, and strong sector-wide demand signals from SpaceX's debut report.

This week, we pivot to "Inflation Week," with Wednesday and Thursday morning bringing new monthly price index data.

Q raises its 2026 outlook as AI, advanced packaging and higher materials intensity boosted demand and second-half visibility.

For years, Cloudflare (NET) was easy to explain. It helped websites load faster, blocked cyberattacks, and kept internet traffic moving. In the era of artificial intelligence, that description sounds outdated. Cloudflare’s second-quarter revenue climbed 36% year over year to $696.1 million, while ...

By no means does SpaceX's stock come cheap.

Keel Infrastructure reported a wider second-quarter loss as it continued its transition from Bitcoin mining to developing high-performance computing and artificial intelligence data centers in the U.S. and Canada. Chief Executive Officer Ben Gagnon said the company has spent the past 18 months repo

Stocks around the globe kicked off the new trading week on a solid footing. In the U.S., indexes were little changed, as focus remains on economic data and the wind-down of second-quarter earnings season.

Tech stock news for the week of Aug. 10

(Bloomberg) -- Microsoft Corp. is planning to “significantly” increase production of its next-generation AI chips, the Information reported.Most Read from BloombergChina Unleashes $28 Trillion Capital Markets to Challenge US in AIIran Shakes Up Security Team After Saying Oman Deal ‘Very Close’Stocks Churn as Oil Advance Boosts Treasury Yields: Markets WrapTrump Amps Up Pressure on Billionaire Sargeant to Exit VenezuelaBehind Bessent Moves, Wall Street Sees a Bond-Market AngstThe company has been

Stock markets were little changed Monday, holding near record highs amid thin summer volumes, as investors awaited inflation data this week for more clues to the interest-rate outlook for the US economy.The AI sector that has recently underpinned the US stock market is increasingly reliant on debt to fund its massive investments, and would be penalised by higher interest rates, she added.

(Corrects syntax error in headline) Aug 10 (Reuters) - Wall Street's main indexes opened little changed on Monday, as investors weighed developments in the Middle East that could influence the

Barrick Mining (ABX.TO, B) reported second-quarter adjusted net earnings of $0.82 per basic share, c

(Bloomberg) -- Lyntris Inc. and some of its backers are seeking to raise as much as $528 million in an initial public offering, joining a wave of listings driven by demand for defense equipment.Most Read from BloombergChina Unleashes $28 Trillion Capital Markets to Challenge US in AIIran Shakes Up Security Team After Saying Oman Deal ‘Very Close’Stocks Churn as Oil Advance Boosts Treasury Yields: Markets WrapTrump Amps Up Pressure on Billionaire Sargeant to Exit VenezuelaBehind Bessent Moves, Wa

Barrick Mining has settled a long-standing dispute with rival Newmont over their Nevada operations, securing a $1.95 billion cash payout and paving the way for Barrick to publicly list its North American gold assets.

Treasury yields rise ahead of U.S. inflation data due later this week and following July's unexpected negative payroll numbers. Iran makes tough demands to reopen Hormuz, pushing oil futures up 1.5%. Economists surveyed by WSJ expect July's 12-month CPI inflation to cool slightly to 3.

Retailers in the United States are a bit mixed in early Monday trading.

The miner liquidated 23,093 bitcoin during the first half, shifting its treasury from passive holdings toward debt reduction and capital for AI infrastructure.

Vertex stock surged Monday after its competitor, Sionna Therapeutics, missed the mark for its highly anticipated cystic fibrosis treatment.

SPCX (NASDAQ: SPCX) closed Friday, August 7 at $133.11, capping a weekly gain of 22.8% from the $108.37 close on July 31. That Friday session alone delivered a 15.83% surge — the stock’s largest single-day advance since its June 12 debut.

Analysts have been raising price targets for Cisco Systems, set to report earnings this week. CSCO stock has been in a trading range. Shorting one-month out-of-the-money (OTM) puts and calls works.

U. S. stock futures pointed to a broadly flat opening on Monday, with investors showing little appetite for major positions following last week’s strong rally and ahead of closely watched inflation figures due in the coming days.

Bitdeer Technologies Group (NASDAQ:BTDR) reported higher second-quarter revenue and a sharp improvement in adjusted EBITDA as growth in self-mining capacity and AI Cloud operations offset continued pressure on gross margins from depreciation and Bitcoin mining economics. The company also highlighte

The smart money on Wall Street is betting on this current bull run. After aggressively pulling back from the market just a couple weeks ago, hedge funds are piling back in. They bought global equities for a second straight week in the five trading days through last Thursday, according to a note from Goldman Sachs' prime brokerage unit.