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JD.com beat quarterly revenue estimates on Thursday, helped by a longer ‌sales period for the annual 618 ‌shopping festival, one of China's largest online retail events. The e-commerce ​giant reported a 2.9% decline in total revenue to 346.4 billion yuan ($51.37 billion) in the second quarter ended June, but higher than analysts' average ‌estimate of 344.6 ⁠billion yuan, according to data compiled by LSEG. JD.com's first quarterly revenue decline ⁠in more than a decade highlights the challenge of reviving consumer spending amid concerns about ​job security ​and weak consumer confidence ​stemming from China's ‌years-long property sector downturn.

More than 500 people have lost jobs at FedEx, Staples and LAZ Parking; two facilities in Palm Springs and Victorville will close.

Zoox CEO Aicha Evans backed stronger federal oversight of autonomous vehicles as the Amazon.com Inc. subsidiary began charging passengers for driverless rides in Las Vegas, weeks after a smoke-related safety incident forced a fleetwide software recall. Zoox Backs Regulation as...

Home improvement and hardware store chains have battled lower sales in the last year as a sluggish housing market and consumers' reluctance to spend on renovation projects in uncertain times affects their business. Smaller hardware chains also face fierce competition from big-box stores, like Home ...

Japanese stocks were higher due to eased fears about the Fed’s potential rate increases and gains in U.S. technology stocks overnight.

Krause retains a $9.1 million equity stake following the non-discretionary disposition tied to RSU vesting.

Investing.com -- Raymond James downgraded On Holding to Outperform from Strong Buy and cut its price target to $38 from $52 after the Swiss sportswear maker reported weaker-than-expected second-quarter revenue and lowered its growth outlook. The brokerage said pressure in North American wholesale and limited visibility into the pace and durability of future growth had reduced confidence in near-term upside.

Investing.com -- Cerebras Systems Inc (NASDAQ:CBRS) shares fell 14% in after-hours trading Wednesday after the AI infrastructure company reported second quarter results that missed analyst expectations on both earnings and revenue.

Coherent beat earnings and revenue estimates and offered a stronger-than-expected outlook as demand for its optical-networking technology grows with AI infrastructure.

Tesla Inc. (NASDAQ:TSLA) and Palantir Technologies Inc. (NASDAQ:PLTR) fell Wednesday even as a benign July inflation report lifted the broader tech market and sent the odds of a September Federal Reserve rate hike to 33%. Headline CPI rose 0.1% in...

The chipmaker announced a $15 billion secondary stock offering this week.

Lilly is trying to protect an experimental obesity medicine from unauthorized sellers before regulators decide whether to approve it.

Applied Aerospace & Defense fell about 10% on Wednesday after its first earnings report since going public in June.

Coinbase Global Inc. (NASDAQ:COIN) has been swept into New York City’s widening scrutiny of prediction markets, even as the CFTC push back against the state’s attempts to rein in the fast-growing industry. New York City Council Speaker Julie Menin announced...

Cuts could reach double-digit percentages on some teams, with Oracle aiming to reduce payroll before September 1

Customers can expect payouts of up to £70 as part of a landmark group legal case against Mastercard next year after it settled outside court for £200m. Why is Mastercard paying compensation? The global technology company agreed at the end of last year to pay £200m to settle a legal case launched on behalf of UK consumers a decade ago.

Teck Resources (TSX:TECK.B) has launched consent solicitations to amend covenants and events of default on several outstanding notes in connection with a potential merger with Anglo American. The company aims to align the terms of these notes with Anglo American's existing debt structure as part of broader transaction planning. The proposed changes could affect bondholder protections and reporting requirements if the merger proceeds. This kind of balance sheet reshaping around a potential...

Aerospace suppliers Applied Aerospace & Defense and Astronics reported earnings. One sank, the other soared.

Lilly said the products being sold on the black market are unverified, unapproved, and not worth the risk.

Eli Lilly has filed six new lawsuits against U.S. entities that it alleges are selling a version of the company’s investigational weight-loss drug on the black market.

Ahead of an approval filing, the drugmaker is amping up a fight against sellers who claim to offer versions of its highly anticipated “triple-G” weight loss medicine.

Shareholders angry over the stock’s decline are alleging fraud with a complaint that has no merit, the payment processor said in its response.

The New York City Council is investigating four prediction markets for alleged deceptive marketing practices and targeting minors, opening a new front in the bitter, state-by-state legal war over prediction-market regulation. City Council Speaker Julie Menin sent letters to Polymarket, Kalshi, Coinbase and Gemini Titan, all of which have a presence in New York City, on Aug. 11 seeking answers about how the companies comply with consumer protection laws. In a letter addressed to Polymarket founder and Chief Executive Shayne Coplan, Menin asked for details about Polymarket promotional videos that appeared to depict fake trades and promoted insider trading on social media.

(Bloomberg) -- The New York City Council is probing the advertising practices of four major prediction market platforms, creating a new front in the legal battles facing the booming industry. Most Read from BloombergPhoebe Gates Knew Phia Shopping App Took Credit for Sales It Didn’t DriveFive Takeaways From Zuckerberg’s 6,500-Word Manifesto on AITata Sons Chairman to Step Down, Deepening Leadership TurmoilPakistan Says Deal Is Close Even as Iran, US Harden StancesTrump Weighs Call for Capital Ga

Fed Chair Kevin Warsh and the Federal Open Market Committee (FOMC) may be at a crossroads come the September FOMC meeting.

An appeals court ruled more than 3,000 lawsuits against Meta, Google, TikTok and Snapchat over addictive design claims targeting youth can proceed.

Chipotle Mexican Grill stock reacts to Salmonella lawsuit and outbreak concerns Chipotle Mexican Grill (CMG) is back under the spotlight after a Minnesota federal lawsuit tied to a 2026 multistate Salmonella outbreak, raising fresh questions for investors about food safety risk and potential legal exposure. See our latest analysis for Chipotle Mexican Grill. The latest Salmonella headlines arrive after a stretch of weaker momentum for Chipotle Mexican Grill, with the share price down 5.38%...

On Aug. 11, 2026, crude climbed amid Middle East tensions while tech stocks struggled despite a major AI infrastructure financing push.

Alphabet (NasdaqGS:GOOGL) faces more than 3,000 youth addiction lawsuits in US federal court after a key ruling denied dismissal efforts by major social media companies. The court decision leaves Google and peers exposed to potential legal findings on platform design and user harm, with possible knock-on effects for future regulation. FactSet data shows Alphabet has had an outsized impact on S&P 500 earnings growth this quarter, highlighting its weight in overall index performance. The...

Today, Aug. 11, 2026, the electric air-taxi developer disclosed a major defense deal and up to $750M equity offering, raising questions about dilution and funding runway.