News

Bank of America has announced senior appointments to ‌drive AI adoption and implementation across its ‌global markets group, according to an internal memo seen ​by Reuters on Friday. The bank named Kevin Milsom as head of platforms AI transformation, according to the memo by Ashok Krishnan, head of ‌platforms within ⁠the global markets group. Krishnan leads efforts to modernize technology and increase automation, ⁠including the rollout of generative AI tools and other new technologies.

"Shark Tank" investor Kevin O’Leary owns Tesla (NASDAQ:TSLA) stock — and by his own admission, that means signing up for a level of volatility most investors aren’t used to. "If you own Tesla stock like I do, you’re already used...

Intuitive Surgical (NASDAQ: ISRG) shares fell about 11% on Friday after the robotic surgery company reported second-quarter results that topped Wall Street expectations but disappointed investors with slower US procedure growth and a cautious full-year outlook. The company reported second...

The rocket launch leader scrapped its much-anticipated Starship launch, and there's a lot investors should know.

Investing.com -- SpaceX stock continued lower on Friday as the space exploration and artificial intelligence company moved toward erasing more than $1 trillion from its peak market value.

Walmart is shuffling the leadership atop its massive U.S. business as the retailer’s new chief executive continues to build his team. Kieran Shanahan, chief operating officer for Walmart U.S., will leave the role this week, the company said in an internal memo viewed by The Wall Street Journal. Shanahan, 45 years old, will be succeeded by Kyle Kinnard, currently COO for Walmart International.

(Bloomberg) -- The cost of hedging against swings in the dollar has fallen to its lowest level this year, signaling that traders see little chance of a major catalyst disrupting the world’s reserve currency despite an uncertain Federal Reserve outlook and resurgent conflict in the Middle East.Most Read from BloombergChip Stocks Poised for Bear Market in AI Unwind: Markets WrapGoogle Gemini Launch Delayed as Tech Falls Short of Internal GoalsFCC Near Rulings Against Disney Over ‘The View,’ TV Lic

DoorDash is expected to announce its second-quarter earnings in August, and Wall Street forecasts a double-digit decrease in its bottom line.

Bank of America watches about 38.7 million checking accounts. That's not a marketing number. It's the size of the window the bank has into how ordinary Americans are actually spending their money, week by week. When Brian Moynihan speaks about the consumer, that's the data he's pulling from, and ...

(Bloomberg) -- ASML Holding NV will give employees globally a one-time €20,000 ($22,862) bonus, joining other firms in the chip industry to offer payouts as artificial intelligence demand fuels record sales. Most Read from BloombergFCC Near Rulings Against Disney Over ‘The View,’ TV LicensesChip Stocks Poised for Bear Market in AI Unwind: Markets WrapGoogle Gemini Launch Delayed as Tech Falls Short of Internal GoalsChina’s Moonshot Unveils AI Model That Narrows Gap With US FirmsThailand Scraps P

The iPhone maker became the U.S.’s most valuable publicly traded company as investors are shifting focus from hardware supply to consumer execution.

LBRT heads into Q2 earnings with rising estimates, improving completion activity and growing demand, but can pricing and costs shape results?

PKG is set to post Q2 results on July 22, with revenues rising 10.7% as the Greif acquisition is expected to support earnings despite lower EPS estimates.

CDW Corporation is expected to announce its second-quarter earnings soon, and Wall Street forecasts a single-digit rise in its profits.

Abbott's raised 2026 earnings outlook and four growth drivers point to a faster second half across nutrition, devices, diagnostics and diabetes care.

Alcoa highlights the South32 acquisition strategy, record aluminum EBITDA and plans to strengthen its upstream portfolio in Q2 2026.

NFLX highlights AI, ads and new entertainment formats as Q2 results show plans to expand monetization, content innovation and growth.

GE Aerospace raises 2026 targets as stronger commercial services demand and execution drive higher profit, EPS and cash flow outlook.

FEATURE The car market is decidedly mid right now. It isn’t great, but it’s stable; U.S. investors seem OK with that. On Friday, airbag and safety-component supplier Autoliv reported weaker-than-expected second-quarter earnings.

Three and a half years of rate hikes, inflation scares, and recession warnings failed to stop this rally, and Goldman Sachs just revealed exactly where it stands against nearly a century of bull market history.

Analysts say Netflix is losing control of its own story, and a single line buried in Friday's earnings report about future disclosures is making Wall Street more nervous than the guidance miss itself.

Is Netflix Inc (NASDAQ:NFLX, XETRA:NFC)'s growth story losing momentum? If Friday's market reaction is any indication, the answer is yes. Shares opened nearly 12% lower after the streaming giant missed second-quarter revenue estimates and guided below Street expectations for the third...

Emerson Electric is expected to announce its third-quarter earnings in August, and Wall Street forecasts a double-digit rise in its bottom line.

Apple is within striking distance of overtaking Nvidia as the world's most valuable company, a milestone that would reshuffle the ranks of tech heavyweights as investors reassess the outlook for AI. Apple was last valued at $4.90 ‌trillion as its shares rose marginally in premarket trading on Friday, while Nvidia was roughly at the same level, following a 2.4% decline. If ‌Apple overtakes Nvidia, it would reclaim the top spot for the first time since April last year.

July 17 (Reuters) - U.S. equity funds recorded outflows in the week through July 15, as a selloff in chip stocks and rising U.S.-Iran tensions, outweighed strong corporate earnings and cooler

Strategy's valuation premium to its bitcoin holdings has been almost entirely erased, according to the company's own metric. In other words, the financial architecture Strategy created in order to amass the cryptocurrency is now seen as close to worthless. It may soon be valued as worth less than zero, given that Strategy faces as much as $8 billion in interest and dividend costs and debt redemptions over the next two years.

Shares of Merck & Co., Inc. (MRK) rise 3,453% since 1990 thanks to institutional investors.

AtaiBeckley Inc. (NASDAQ:ATAI, XETRA:9VC)'s acquisition by Eli Lilly for up to $3.8 billion reinforces growing interest from large pharmaceutical companies in psychedelic-based therapies, according to analysts at Jefferies, who believe that the deal reflects increasing momentum driven by...

APA Corporation is set to report Q2 earnings next month, and analysts project its profitability will improve in triple digits.

The companies you own inside this consumer staples fund are collectively signaling stronger profits are on the way.