Most TopBuild shareholders opt for cash componentQXO, Inc. (NYSE:QXO) shares climbed 8% on Tuesday after the company announced the preliminary election results for shareholders of TopBuild Corp.
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Investing.com -- The "Magnificent 7" group of technology companies lost approximately $2.3 trillion in market value this month as investors increased scrutiny of large infrastructure spending by these firms.
Hilton Worldwide is gearing up to report its fiscal second-quarter results this month, and analysts call for single-digit growth in its profitability.
ServiceNow is scheduled to announce its second-quarter results soon, with analysts anticipating a single-digit earnings decline.
D-Wave is selected to receive $1.6 million from the National Science Foundation. It’s the company’s latest federal funding injection.
Costco's executive membership growth fuels richer fee income, stronger sales mix and a new China expansion opportunity.
Google-backed Apptronik unveiled a new robot training facility on Tuesday, betting that large-scale real-world data collection will accelerate the commercialization of humanoid robots. The Austin-based startup said the facility, developed with Google DeepMind, is designed to move robots from pilot projects to production deployments. • The nearly 90,000-square-foot facility, Robot Park, in Austin houses fleets of humanoid robots performing logistics, manufacturing and retail tasks to generate training data for AI models.
U.S. stocks are set to close out a blockbuster quarter with fresh momentum. Meanwhile, investors are monitoring for updates out of the Middle East, after President Trump said yesterday that the U.S. will meet with Iran today in Qatar.
(Bloomberg) -- The sweeping tariffs underpinning President Donald Trump’s economic policy may have gone from a headwind to a tailwind for the stock market, with the Supreme Court’s decision to unwind them setting the stage for a potential earnings boon for some companies.Most Read from BloombergYen Hits Four-Decade Low in Historic Slide That’s Rattled JapanWhatsApp Opens Username Reservations to 3 Billion UsersTrump’s U-Turn on Iran Sanctions Would Unravel Decades of CurbsUS Stocks Get Tech Boos
Otis Worldwide will release its second-quarter earnings soon, and analysts anticipate a single-digit profit dip.
This year's second quarter was a blockbuster period for tech stocks. The PHLX Semiconductor Index—which houses chip stocks like Nvidia and Broadcom—has climbed 81% through yesterday, putting it on track for its best quarter in history. Once darlings of the industry, some of the biggest names in tech have fallen out of favor with investors as they fret about these companies' big AI spending commitments.
The acquisition of CEI adds a free cash flow-positive business to Oklo and strengthens its in-house technical capabilities that support Aurora powerhouse commercialization.
Natural gas could start flowing by 2033 out of two undersea deposits discovered by ExxonMobil off Cyprus, a senior executive with the company said Tuesday, helping to turn the east Mediterranean island nation into a new European energy hub. The largest U.S. oil company and its consortium partner, QatarEnergy, consider the most likely option for getting the gas to market would be conveying it through a pipeline to existing processing facilities in Egypt where it can be liquefied for export, ExxonMobil's Vice President of Global Exploration John Ardill said. Other options including building onshore facilities in Cyprus or a floating one in waters over the deposits are considered too costly at this point.
International Business Machines will release its second-quarter earnings next month, and analysts anticipate a single-digit bottom-line growth.
In the space exploration business, money is easy come, easy go. And that's something Space Exploration IPO investors learned the hard way.
Investing.com -- Citi raised its price target on Softbank to JPY255 from JPY240 and maintained its Buy rating in a note on Tuesday, citing strong earnings momentum and a medium-term plan that points to continued profit and dividend growth.
After grounding its entire MD-11 fleet in November, the carrier began reintroducing the aircraft in May, CEO Raj Subramaniam said.
JPMorgan's chief global economist Bruce Kasman titled the bank's mid-year outlook "Promise and Pressure." He published it on June 28. The two words are doing a lot of work in a year that has moved faster than most forecasters expected. The promise is that global growth is stabilizing in the second ...
“It seems like half of the workforce at our local Walmart is over 65.”
When Comcast Chairman Brian Roberts decided a few weeks ago to pursue a spinoff for the company’s media and entertainment business, there was just one question: Who would run the cable and broadband operations that remained? “This industry has been kind of in my blood for a long time,” Angelakis said in an interview. In bringing back Angelakis, Roberts, 67 years old, is picking an executive steeped in cable and broadband who is part of a small circle of trusted advisers, said people close to both men.
Investing.com -- Citi said in a note on Tuesday that bearish flows are building across the Nasdaq and S&P 500, with continued rotation into small caps signaling a divergence in global equity positioning led by the U.S. market.
The U.S. stock market is wrapping up its best quarter in years. The benchmark S&P 500 has climbed 14% this quarter through yesterday, its best three months since the second quarter of 2020, when markets rebounded following a Covid-19 selloff.
Elon Musk may have recently given a big hint about what's on the horizon for SpaceX and Tesla.
September S&P 500 E-Mini futures (ESU26) are up +0.10%, and September Nasdaq 100 E-Mini futures (NQU26) are up +0.16% this morning, putting the major indexes on track for their strongest quarterly gains in years.
Panasonic is seeking to localise its U.S. supply chain for energy storage systems as it prepares to produce battery cells at a plant in Kansas as part of a shift towards supplying data centres, the Japanese group's CEO said on Tuesday. "Since most of our customers are in the U.S. for these energy storage systems, we think it makes sense to complete the supply chain as much as possible within the U.S.," Yuki Kusumi said during a roundtable interview in Tokyo.
Trump’s control over federal government gets split decision, Comcast spinoff could spark media deals, Constellation earnings are coming, and more news to start your day.
June 30 (Reuters) - Wall Street futures were largely unchanged early on Tuesday, as investors took a breather in the final trading session of a quarter that saw equities post the biggest gains in
Find insight on Rosebank Industries, Bridgepoint, Robinhood Markets and more in the latest Market Talks covering Financial Services.
(Bloomberg) -- As Elon Musk basked in the public spectacle of SpaceX’s blockbuster initial public offering this month, another — altogether more restrained — rocket executive also hailing from the Southern Hemisphere was putting the final touches on his biggest strategic move. Most Read from BloombergYen Hits Four-Decade Low in Historic Slide That’s Rattled JapanTrump’s U-Turn on Iran Sanctions Would Unravel Decades of CurbsWhatsApp Opens Username Reservations to 3 Billion UsersUS Stocks Get Tec
Nearly two decades ago, Comcast bet that the future belonged to companies that owned both the pipes delivering entertainment and the shows themselves...