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Trading in SpaceX Options Jumps
The Wall Street Journal53d agobullish
Trading in SpaceX Options Jumps

Trading in SpaceX options ramped up yesterday, hitting the highest level since mid-June. Some of the most actively-traded bets were put options pegged to the shares falling to $100 or $105, Cboe Global Markets data show.

UK won't intervene in Paramount's $81 billion takeover of Warner Bros. Discovery
Associated Press53d agoneutral
UK won't intervene in Paramount's $81 billion takeover of Warner Bros. Discovery

British regulators on Thursday gave Paramount the greenlight for its $81 billion takeover of Warner Bros. Discovery, with some new assurances from the company — clearing another hurdle for the mega merger while it still faces challenges elsewhere. The U.K.'s Competition and Markets Authority cleared the pending acquisition, ruling that a Paramount-Warner tie up does not pose a “substantial lessening of competition” in the country. Meanwhile, Britain's Department for Digital, Culture, Media and Sport said it also wouldn't intervene — on the basis of several “legally-binding commitments” from Paramount related to its footprint in U.K. broadcasting and on-demand entertainment.

Sandisk, Western Digital Stocks Slump
The Wall Street Journal53d agobearish
Sandisk, Western Digital Stocks Slump

AI darlings Western Digital and Sandisk reported blockbuster results yesterday that showed that demand for data storage is alive and well. So why are earnings down in early trading? Sandisk's first-quarter guidance came in ever so slightly below analyst expectations.

SpaceX, Tesla to initially spend $16.8 billion on Terafab chip plant in Texas
Reuters53d agoneutral
SpaceX, Tesla to initially spend $16.8 billion on Terafab chip plant in Texas

Elon Musk's SpaceX and Tesla will initially invest $16.8 billion to build Terafab, an advanced AI semiconductor complex in Grimes County, Texas, as the ‌companies race to secure the chip capacity that the billionaire has called essential ‌to their future. The facility is intended at narrowing the gap between global chip supply and the more than ​1 terawatt of computing power that SpaceX and Tesla expect to need in the coming years. Future expansion phases could push total investment much higher, SpaceX said in a statement on its website on Thursday, adding that the facility would employ at least 3,000 people.

Versant Stock Jumps 12% On Upbeat Outlook
The Wall Street Journal53d agobullish
Versant Stock Jumps 12% On Upbeat Outlook

Shares in Versant Media rose sharply after the CNBC and MS Now owner raised its full-year revenue forecast, on track for their biggest one-day gain since spinning of from Comcast in January. Versant said Thursday that it now expects revenue of between $6.2 billion and $6.45 billion, above analyst estimates of $6.41 billion. The move came as Versant, which also owns platforms such as Rotten Tomatoes and Fandango, reported second-quarter results that beat expectations—through both revenue and profit fell in the period.

AppLovin (APP) Tumbled After Earnings, Is It Now A Bargain?
Simply Wall St.53d agobearish
AppLovin (APP) Tumbled After Earnings, Is It Now A Bargain?

AppLovin (APP) moved into focus after its second quarter 2026 earnings report, which combined strong year on year sales and profit figures with revenue slightly below market expectations and cautious guidance for the next quarter. See our latest analysis for AppLovin. The earnings release and softer third quarter guidance triggered a sharp reset in AppLovin’s share price, which has declined 23.2% over the past 30 days and 32.4% year to date, even though the 1 year total shareholder return is...

AT&T customers set to receive significant network upgrade
TheStreet53d agobullish
AT&T customers set to receive significant network upgrade

AT&T has made a billion-dollar move to enhance its network for wireless customers after rolling out a series of price increases this year amid rising competition. For instance, in April, the carrier raised prices for its retired unlimited wireless plans that were active before July 24, ...

Bloomberg53d agoneutral
Warsh’s Faith in Markets Sidelines More Nuanced Fed Policy Tools

(Bloomberg) -- Kevin Warsh’s embrace of financial markets to help the Federal Reserve do its job would mean trading more precise policy tools for a blunt instrument.Most Read from BloombergIran Says Agreement on Hormuz Shipping Reached With OmanGoogle AI Veterans Depart During Seismic Leadership ShiftWhy Do Data Centers Use So Much Fresh Water?Microsoft’s AI Sales Mostly Come From OpenAI, Disclosures ShowMajor Hedge Funds Targeted in Wave of Attempted CyberattacksIt can work, but it’s an ineffic

Fiserv Stock Falls After Fintech Cuts Outlook
Investor's Business Daily53d agobearish
Fiserv Stock Falls After Fintech Cuts Outlook

Fiserv stock tumbled Thursday after the financial services technology company cut its 2026 outlook. Fisev said it expects revenue to grow flat to down 1% and adjusted earnings of $7.20 to $7.40. Previously, the company expected organic revenue growth of 1% to 3% and adjusted earnings of $8.00 to $8.30.

Axcelis Technologies Q2 Earnings Call Highlights
MarketBeat53d agoneutral
Axcelis Technologies Q2 Earnings Call Highlights

Axcelis Technologies (NASDAQ:ACLS) reported second-quarter 2026 revenue of $215 million and non-GAAP diluted earnings per share of $1.06, with both figures exceeding management’s expectations. The company raised its outlook for the full year, now expecting mid-single-digit revenue growth after previ

Merck KGaA Q2 Earnings Call Highlights
MarketBeat53d agoneutral
Merck KGaA Q2 Earnings Call Highlights

Merck KGaA (ETR:MRK) reported accelerating organic sales and earnings growth in the second quarter of 2026, led by Life Science and Electronics, and raised its full-year outlook for sales, EBITDA pre and earnings per share. Group net sales rose 3.4% year over year to €5.434 billion. Organic sales g

Deutsche Telekom Q2 Earnings Call Highlights
MarketBeat53d agoneutral
Deutsche Telekom Q2 Earnings Call Highlights

Deutsche Telekom (ETR:DTE) reported continued organic growth in the first half of 2026, raised its group free-cash-flow outlook following an increase at T-Mobile US, and announced plans for up to an additional €3 billion in share repurchases during 2026. Chief Executive Officer Tim Höttges said gro

Alphabet Set to Borrow Up to $25 Billion More in Bonds
The Wall Street Journal53d agoneutral
Alphabet Set to Borrow Up to $25 Billion More in Bonds

Alphabet is aiming to raise up to $25 billion in a bond sale Thursday in what is expected to be its last dollar-denominated offering of the year, according to investors familiar with the matter. The Google parent has already issued more than $50 billion of bonds globally this year, part of a historic borrowing binge by tech companies funding the AI buildout.

Datadog shares tumble despite earnings beat and stronger full-year outlook
InvestorsHub53d agoneutral
Datadog shares tumble despite earnings beat and stronger full-year outlook

Datadog (NASDAQ:DDOG) shares plunged more than 21% in pre-market trading on Thursday, even after the cloud monitoring and cybersecurity specialist reported better-than-expected second-quarter results and lifted its full-year guidance. The sharp selloff appeared to reflect investor profit-taking following the stock’s recent record highs, rather than any deterioration in the company’s operating performance.