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Why Lucid Group Plunged Today
Motley Fool77d agobearish
Why Lucid Group Plunged Today

The stock plunged on reports of possible bankruptcy, but Lucid officially rejected the rumors later in the day.

Warner Bros. CEO Zaslav Sells $59 Million in Stock as Paramount Skydance Merger Faces New Hurdles
Benzinga78d agobearish
Warner Bros. CEO Zaslav Sells $59 Million in Stock as Paramount Skydance Merger Faces New Hurdles

A merger between Paramount Skydance (NASDAQ:PSKY) and Warner Bros. Discovery (NASDAQ:WBD) is facing new hurdles. In the backdrop of new worries of the merger being approved, Warner Bros. Discovery CEO David Zaslav is cashing out shares. David Zaslav Sells WBD Shares Zaslav is selling shares of the company he leads for the second time this year, cashing in ahead of the highly anticipated merger of two media companies. Zaslav sold 2.18 million shares for $59.47 million, according to a report from

Biogen Backs Alzheimer’s Tau Drug for Phase 3 Despite Trial Miss
MarketBeat78d agobearish
Biogen Backs Alzheimer’s Tau Drug for Phase 3 Despite Trial Miss

Biogen (NASDAQ:BIIB) said data from its Phase 2 CELIA study of diranersen in early Alzheimer’s disease provide proof of concept for the tau-targeting therapy, despite the trial not meeting its primary endpoint of demonstrating a predefined dose-response pattern. The company presented the update dur

Citi Stock Drop Mutes Financial Sector’s Earnings Pop
Barrons.com78d agobearish
Citi Stock Drop Mutes Financial Sector’s Earnings Pop

Citigroup stock dove, reversing earlier gains, after the earnings call raised more questions for investors. The bank’s earnings print beat estimates, but during the earnings call Citi maintained its 10% to 11% full-year return on tangible common equity outlook, an important metric for the industry. Citigroup was the worst performing name within the State Street Financial Select Sector ETF, dragging the ETF back to just above the flatline.

Oppenheimer has a warning for investors before the fall
TheStreet78d agobearish
Oppenheimer has a warning for investors before the fall

Every good party has one guest who starts eyeing the door while the music is still loud. They are not trying to spoil anything. They have just seen how these nights tend to end. Wall Street has its own version of that guest, and right now the speakers are cranked. The S&P 500 keeps closing at ...

IBM shares plunge as AI spending boom disrupts business
AFP78d agobearish
IBM shares plunge as AI spending boom disrupts business

Shares in IBM plunged 24 percent on Tuesday after the US tech giant released disappointing preliminary second-quarter results, blaming a shift in spending by customers due to expected higher prices for memory chips and other AI-related infrastructure.A global rush by tech companies to build out artificial intelligence infrastructure has sent demand for servers, memory chips and storage soaring, driving up prices and creating supply shortages across the industry.

How Investors Are Reacting To Microsoft (MSFT) Amid AI Spending Jitters And Job Cuts News
Simply Wall St.78d agobearish
How Investors Are Reacting To Microsoft (MSFT) Amid AI Spending Jitters And Job Cuts News

In early July 2026, software and IT services stocks sold off after IBM’s weak preliminary Q2 results, which highlighted softer client spending and a shift of budgets toward AI infrastructure, while Microsoft also announced several thousand job cuts primarily in its Xbox division. This combination of sector-wide caution about AI-related spending and Microsoft’s own restructuring has sharpened investor focus on whether massive AI investments can translate into improved profitability and cash...