News

It didn’t take long for SpaceX (SPCX) to turn from hype to a disappointing IPO. The stock is trading near $161 at the time of writing on Thursday afternoon, July 2, nearly 25% below its highest close of $211.39 on June 16. Many people expected it to become a typical Elon Muskmeme stock, but this ...

The Coca-Cola Company is poised to announce its fiscal second-quarter results by month-end, with analysts forecasting modest single-digit earnings growth.

Texas Instruments will release its second-quarter earnings soon, and analysts anticipate a double-digit bottom-line growth.

RTX Corporation will release its second-quarter earnings later this month, and analysts anticipate a single-digit bottom-line growth.

EQT Corporation will release its second-quarter earnings soon, and analysts anticipate a double-digit bottom-line growth.

Find insight on Maersk, Wizz Air and more in the latest Market Talks covering the auto and transport sector.

Centene is set to announce its second-quarter earnings next month, and Wall Street expects a high triple-digit surge in its profits.

China's Kuaishou Technology said on Thursday a group of investors including Alibaba and Tencent will inject ‌over 19 billion yuan ($2.80 billion) in Kling AI, while ‌valuing the popular AI video arm at $15 billion on a pre-money basis. The fundraising ​underscores investors' appetite for China's fast-growing AI sector, which continues to attract billions of dollars in fresh capital. Technology companies have raised a total of $3.1 billion from stock market listings in China this ‌year to mid-June, ⁠more than five times the amount raised last year.

Water used at the power plants that supply electricity to data centers can be much greater than the water used in the data centers themselves.

U. S. financial markets will remain closed on Friday for the Independence Day holiday, but futures pointed to a stronger Wall Street open when trading resumes.

An AI spending blitz is demolishing new Fed chair Kevin Warsh's argument for interest rate cuts with more price increases about to ripple through the economy

Shares of European semiconductor companies were following their Asian peers in green territory, a day after investors shunned stocks linked to artificial intelligence.

Intuitive Surgical is approaching a pivotal earnings update as strong forecasts square off against a stock that has lost its footing.

Global stocks rose and the dollar weakened as a risk-on turn prompted by Thursday’s cool jobs data continued to ripple through markets.

The 2026 Top 100 Retailers ranking from the National Retail Federation confirms that Walmart and Amazon remain the two leading forces in US retail by sales.

The judgment concludes a legal dispute that began after the European Commission fined Google in 2018 for abusing market dominance.

Chinese tech giant Alibaba has banned employees from using Anthropic's Claude Code at work after the tool drew scrutiny for features that can ‌help identify China-linked users, according to a person familiar with the order. The ban is part ‌of a deepening spat between the two companies after Anthropic accused Alibaba of illicitly extracting its Claude AI model capabilities — a dispute ​that highlights the frantic race between the U.S. and China to take the lead in artificial intelligence. Claude Code is Anthropic's AI coding assistant for software developers.

Australian Prime Minister Anthony Albanese on Friday condemned senators who blocked changes to a world-first social media ban for children, saying tech giants would use the delay to destroy incriminating documents that could be used as evidence against them. The government this week introduced to Parliament amendments aimed at increasing powers of the eSafety Commissioner Julie Inman Grant, Australia’s online safety watchdog, to enforce the ban on Australian children younger than 16 from holding accounts on platforms including Facebook, Instagram, and YouTube that has been in place since December. The amendments would have given Inman Grant power to demand documents as well as information from platforms about their efforts to exclude young children.

(Bloomberg) -- At a time when markets are growing uneasy over whether the enormous sums being poured into artificial intelligence will ever pay off, the prices the sector commands for each unit of usage are drifting lower.Most Read from BloombergExxon to Change Name for First Time in Decades After RedomicileWhy the Great American State Fair Looks So EmptyGermany Rejects Trump’s Demands for NATO Loyalty to WashingtonMeta Is Planning a Cloud Business to Sell AI Computing PowerRussia Indicates Ukra

Shares rallied in Asia on Friday after the Dow Jones Industrial Average set another record, as some key AI related stocks rose while others extended losses. U.S. futures were moderately higher and oil prices also rose. Samsung Electronics, the country's biggest company and a major maker of computer chips, gained 7%.

Cincinnati Financial will release its second-quarter earnings later this month, and analysts anticipate its EPS to dip by a low double-digit percentage from a year ago.

Cryptocurrencies gained ground on Thursday while major stock indexes closed at all-time highs, as softer-than-expected jobs data lowered expectations for a Federal Reserve rate hike. Cryptocurrency24-Hour Gains +/-Price (Recorded at 10:20 p.m. EDT)Bitcoin (CRYPTO: BTC)+2.19%$61,460.31Ethereum (CRYPTO: ETH) +5.67%$1,708.41XRP (CRYPTO: XRP) +3.23%$1.09Solana (CRYPTO: SOL) +4.20%$81.33Dogecoin (CRYPTO: DOGE) +3.17%$0.07466 Crypto Market Rallies Bitcoin briefly broke $62,000 but failed to sustain th

OpenAI is trying to avoid a volatile IPO. It probably won't succeed.

The space company has booked rapid growth under this administration, after the founder spent president’s first term being ‘hated.’

As Alphabet is gearing up to report its fiscal Q2 earnings report soon, analysts predict its EPS to rise by double digits.

An analyst at Mizuho believes Robinhood Markets (NASDAQ: HOOD) has big upside coming. On July 2, senior analyst Dan Dolev raised the stock's price target to $130 from $115 on Thursday while keeping an Outperform rating. The new ratings appear just a day after their live event "Robinhood ...

Chipotle Mexican Grill has seen its share price fall 38.0% over the past year, yet on current checks the stock still does not screen as a clear bargain. The Discounted Cash Flow (DCF) intrinsic value estimate points to a premium price tag, while market based multiples look closer to fair. A 38.0% share price decline over the last 12 months puts Chipotle Mexican Grill firmly in the “out of favor” camp. This often prompts investors to reassess whether sentiment has moved further than...

The next major space company might not be building rockets It may not be launching satellites into space, flying tourists to the edge of the atmosphere, or competing with Elon Musk’s SpaceX for the next big thing in orbit. Instead, it might accomplish something a little less glamorous: helping ...

Despite the rising requests, fund managers returned $5.9 billion in the second quarter, down from the $7.4 billion they agreed to pay out in the prior period, according to data from investment bank Robert A. Stanger. Individual investors have awakened to the fact that they can’t exit from the funds—called business-development companies—as quickly as they entered, prompting more of them to start withdrawing. Fund managers are battening down the hatches for a prolonged period of elevated withdrawals.

(Bloomberg) -- Government attempts to address the global memory chip shortage by influencing prices or production capacity would worsen a historic squeeze on supply driven by the artificial intelligence boom, a semiconductor industry group warned the Trump administration. Most Read from BloombergExxon to Change Name for First Time in Decades After RedomicileGermany Rejects Trump’s Demands for NATO Loyalty to WashingtonMeta Is Planning a Cloud Business to Sell AI Computing PowerRussia Indicates U