The Dow Jones Industrial Average added 0.3% to another record, and the Nasdaq composite climbed 1.5%. Stock indexes rose in much of Europe and Asia, while the Japanese yen fell near a 40-year low against the U.S. dollar. The Nasdaq composite rose 393.58 points, or 1.5%, to 26,213.72.
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Qualcomm, which just a few years ago had no data-center revenue, intends to generate $15 billion in data-center sales by 2029.
(Bloomberg) -- CIA Director John Ratcliffe vowed to step up the agency’s efforts to deploy artificial intelligence and quantum computing, stressing that rapid developments in emerging technologies are changing the nature of geopolitics.Most Read from BloombergSpaceX IPO Left Mirae With No Shares on MisunderstandingSupreme Court Backs Birthright Citizenship in Blow to TrumpYen Hits Four-Decade Low in Historic Slide That’s Rattled JapanWhatsApp Opens Username Reservations to 3 Billion UsersTrump’s
For years, holding stablecoins in a crypto wallet meant your money sat idle, earning nothing, disconnected from everyday spending. MetaMask is trying to change that. MetaMask, the self-custodial crypto wallet used by millions, launched Money Account on June 30, a new feature that combines earning, ...
AeroVironment stock rallies on blockbuster Q4 earnings release. But is it worth chasing the post-earnings momentum on Tuesday? Let’s find out!
Rocket Lab just made its biggest move yet. The space company, known for launching small rockets into orbit, is buying Iridium Communications in a deal valued at about $8 billion. For years, Rocket Lab (RKLB) built rockets and satellite parts for other companies. Now it wants to own and ...
Comcast's spinning off NBCUniversal could set them up to pursue future deals even if there aren't any deals on the table yet.
Bank of America analysts on Tuesday left their S&P 500 year-end target unchanged at 7100, 5% below the index's close on Monday, citing Big Tech's dwindling cash flows and the possibility of rate hikes.
Verizon announces an international joint venture with BT Group. Here’s what the agreement means for VZ shares in the second half of 2026.
U.S. officials are allowing Zyn to market itself as being less harmful than traditional cigarettes, making the product the first nicotine pouch on the market to be granted such a distinction. The Food and Drug Administration announced that 20 different Zyn nicotine pouches—including flavors ranging from cool mint to cinnamon—can carry language stating that using the pouches instead of smoking cigarettes puts users at a lower risk of mouth cancer, stroke, heart disease, lung cancer, emphysema and chronic bronchitis. Zyn nicotine pouches, a product of Swedish Match USA, which is owned by Philip Morris International are the most popular in the U.S. They were granted permission to stay on the market in early 2025, the first pouch to receive the authorization.
Susquehanna has filed a lawsuit seeking to unmask the traders who bet on a drop in Futu and Tiger Brokers stock.
Here’s what 45 years of data on death crosses in gold can tell us about the path ahead.
NBCU has shown interest in companies like Electronic Arts in the past and currently has a deal with Nintendo around the Super Mario Bros. franchise.
Disney's $50 million class action settlement pays YouTube TV and DirecTV Stream subscribers who had plans between April 2019 and March 2026.
Jack in the Box stock shot up more than 20% on Monday. The stock also faces 40% short interest, according to MarketSurge.
General Dynamics is expected to announce its second-quarter results soon, and analysts predict a single-digit growth in the company’s bottom-line figure.
Rocket Lab's ambitious business makes each quarterly report an exciting affair.
FactSet and Google say they will co-develop finance agents and weave "agentic experiences across the investment and dealmaking life cycles."
Over the last six months, OneMain’s shares have sunk to $61.85, producing a disappointing 9% loss - a stark contrast to the S&P 500’s 6.1% gain. This might have investors contemplating their next move.
The first half of 2026 is coming to a close on Tuesday, and with it, another rollicking stretch for the U.S. equity market.
The SPDR Gold Shares fund is down big from its highs, but if fears of a recession start to mount, it may rally once again.
(Bloomberg) -- When the World Cup knockout round began Sunday, Kalshi joined the likes of Coca-Cola, Visa and Adidas with sideline advertising in the stadiums — an unusual addition, given that the event is halfway over, and also that FIFA already signed up an “official prediction markets partner” in ADI Predictstreet, a startup with ties to the Abu Dhabi royal family. Most Read from BloombergSpaceX IPO Left Mirae With No Shares on MisunderstandingYen Hits Four-Decade Low in Historic Slide That’s
AT&T is set to release its second-quarter results next month, with analysts predicting a single-digit rise in the company's earnings.
This is the fifth piece in a series examining "boring" large-cap stocks that have outperformed the Nasdaq-100 over the past five years. The first piece introduced the five companies and the data. The second piece covered defense and nuclear supplier Curtiss-Wright. The third looked at pipeline ...
A consortium backed by companies including BlackRock, Google and Coinbase said Tuesday that it is launching a stablecoin. Called Open USD, the new dollar-backed stablecoin is slated to be offered later this year on the Coinbase-affiliated blockchain Base, as well as on Solana and other networks.
It turned into a Wall Street punchline, but big banks aren’t laughing. After JPMorgan fired a wealth manager for expensing a $642.50 Super Bowl platter, the employee claimed he was wrongfully terminated, saying he had intended the spread of deli meats and cookies for clients who didn’t show up. JPMorgan filed a motion late Monday in a California federal court to vacate the award to its former wealth adviser, Brent Ryan Bodner, over the deli meats gone awry.
A consortium including Visa, Mastercard and Coinbase on Tuesday launched a new joint stablecoin in a bid to broaden the adoption of the digital tokens. The venture, called Open Standard, brings together more than 140 businesses for the stablecoin network and will issue a new U.S.-dollar pegged stablecoin called Open USD, which is expected to go live later this year. It is aimed at accelerating the usage of the digital tokens worldwide by addressing hurdles that businesses face in scaling stablecoin adoption, Open Standard said.
AeroVironment's (AVAV) "strong" fiscal Q4 results and "conservative" fiscal 2027 guidance reinforce
FRANKFURT, June 30 (Reuters) - Europe is an emerging but promising market for self-driving 'robotaxis', with the technology set to become far more visible across the region over the next two years,
Amazon said on Tuesday it is creating a new division under its Amazon Web Services cloud unit employing so-called forward-deployed engineers who embed with customers to help them more quickly and efficiently adopt artificial intelligence software. The company is committing an initial $1 billion to the initiative with the goal of sending five to six pods of engineers to customers for 45-day periods, said Francessca Vasquez, AWS vice president of frontier AI engineering and services. Forward-deployed engineers are versatile workers who embed directly alongside clients, navigate internal politics and write production-grade code to help make models deliver results.