News

(Bloomberg) -- Apple Inc.’s Jennifer Bailey, the longtime head of Pay and Wallet services, is retiring after more than two decades at the company, adding to a sweeping changing of the guard at the iPhone maker.Most Read from BloombergFive Takeaways From Zuckerberg’s 6,500-Word Manifesto on AIChina Unleashes $28 Trillion Capital Markets to Challenge US in AINvidia Taps Wall Street for $500 Billion Funding CommitmentTrump Makes Sweeping New Demands on Iran as Deal Hopes DimApple’s Glass-Centric 20

Blind pool REIT targets stabilized data centers with $2 billion IPO proceeds.

TJX (TJX) is expected to post fiscal second-quarter earnings in line with Wall Street's estimates am

AST SpaceMobile stock held firm despite an earnings miss. Its technical setup suggests it could follow space peer Voyager Technologies higher.

Kopin is posting one of its sharpest single-session surges of the year after pairing a revenue beat with a partnership that could push its MicroLED technology into a market most investors never expected it to enter.

Helios posted strong Q2 results, with higher sales, expanding margins and raised 2026 guidance signaling continued momentum.

While SpaceX stock is still hovering near its initial public offering price, SpaceX investors must be happy that near $135, the stock is up substantially from $108 per share just a few days ago. SpaceX's 23% rally over the past five sessions, including a 16% jump on Aug 7, is because of a boost ...

The Truth Social parent recorded $360.6 million in losses on digital assets in the first half of 2026 as Bitcoin prices declined

Moby summary of BioHarvest Sciences Inc. Common Stock's Q2 2026 earnings call

Here's a look at AT&T stock in light of the competitive threat from SpaceX.

HIMS posts a wider-than-expected loss and weaker gross margin in second-quarter 2026 despite strong revenue growth and a raised full-year outlook.

Why are the indexes red when the typical stock is green? Alphabet and Amazon account for nearly the whole decline, and Wednesday's inflation report is the week's real event.

CEO acknowledges execution missteps in U.S. market; company launches McDonald's > NEXT strategy.

Boldea discusses organic growth, margin expansion, and portfolio reshaping.

Perigold luxury brand surged 35% as U.S. revenue hit post-COVID highs.

Record revenue and EBITDA growth fueled by storage expansion and data center strategy.

China weakness forces $300M revenue cut despite strong non-automotive growth.

Bitcoin production tripled as energy infrastructure revenue surged 81% year over year.

Americas sales grew just 13% in constant currency terms in Q2, slowing from 17% growth the prior quarter

Moby summary of The Middleby Corporation's Q2 2026 earnings call

(Bloomberg) -- Uber Technologies Inc. has divested from long-time partner Serve Robotics Inc. as the two companies clash over how to deploy delivery robots, the latest setback in Uber’s push to facilitate autonomous services on its platform.Most Read from BloombergFive Takeaways From Zuckerberg’s 6,500-Word Manifesto on AIChina Unleashes $28 Trillion Capital Markets to Challenge US in AINvidia Taps Wall Street for $500 Billion Funding CommitmentTrump Makes Sweeping New Demands on Iran as Deal Ho

EBay's (EBAY) acquisition of Depop is in line with its usual strategy that aims to recapture market

NEW YORK, Aug 11 (Reuters) - AI infrastructure company Alpha Compute has signed a binding term sheet to acquire land and natural gas rights in Pennsylvania for $55 million ‌to develop a 200-megawatt data center campus, CEO Brittany Kaiser told Reuters on Tuesday. Surging demand for ‌artificial intelligence computing is driving a scramble for power supplies across the United States, prompting data center developers to secure their ​own energy sources rather than wait for grid connections.

US investment giants including Apollo Global Management Inc., Blackstone Inc., BlackRock Inc. and Brookfield Asset Management are partnering with Nvidia Corp. to source $500 billion in financing for artificial intelligence infrastructure.  Bloomberg's Ed Ludlow joins to discuss this as well as Intel raised $20 billion in an upsized share sale, a third more than it was targeting when it announced the deal Monday morning.

Moby summary of Janus International Group, Inc.'s Q2 2026 earnings call

AXT has surged over 350% this year riding the AI optical wave, but tonight Lumentum reports earnings and its commentary on next-generation datacenter connectivity could either validate that run or trigger another painful reversal for anyone exposed to the InP supply chain.

Chinese regulators ordered Meta to reverse its December acquisition of the AI agent startup, triggering a data deletion process for some users

Semiconductor metrology and energy research orders surge over 50% organically.

Record results powered by retail, manufacturing, and healthcare growth.

AI inference services drive 29% revenue growth and record $93M quarterly ARR additions.