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Ford and Chinese automotive company Geely Auto announced plans on Thursday to jointly manufacture low- and zero-emission vehicles at Ford's Valencia, Spain factory. The partnership is a bid to reignite Ford’s offerings for the European auto market as the legacy carmaker seeks to compete with the likes of fast-moving Chinese companies that are rapidly dominating auto sales across the globe. It comes amid challenges for the American electric vehicle market and increasing global geopolitical tensions driven by U.S. tariff policy.

Tesla recorded a $1 billion net gain on its investment in Space Exploration Technologies, commonly known as SpaceX, following its IPO last month, according to SEC filings. Elon Musk's electric vehicle company had a stake in SpaceX through a $2 billion investment his AI lab xAI made in January. When xAI and SpaceX merged in February, Tesla's share in the AI startup converted into equity in SpaceX.

Here are some of the biggest decliners in the Nasdaq Composite Index, recently down 2.3%: Tesla (TSLA), down 14% T-Mobile (TMUS), down 7.8% Alphabet (GOOG), down 6.5% Strategy (MSTR), down 6.

Blackstone (NYSE:BX) reported sharply higher second-quarter 2026 earnings as executives said the firm’s early and aggressive positioning around artificial intelligence infrastructure is driving investment performance, fundraising and new business formation across the platform. Weston Tucker, Blacks

Things have taken an unexpected turn after Wall Street is split over the most consequential crypto bill Congress has ever considered, and Goldman Sachs, one of the world's largest banks with $3 trillion in assets under management (AUM) just picked a side. Goldman Sachs Chairman and CEO ...

Nvidia stock slides below an early entry at 213.99 on Thursday. The move comes after Alphabet's earnings report late Wednesday.

Qualcomm and Samsung expanded their chip partnership this week, putting Snapdragon silicon inside nearly every new device in the Galaxy lineup. For over a decade, Samsung ran a split system, selling some flagship phones with its own Exynos processor and others with a Snapdragon chip depending on ...

The investment bank is reporting records all around, and shareholders are benefiting.

CEO Andy Jassy has pledged that Amazon will be a "meaningful leader" in AI.

It's hard to get a handle on Tesla's current position in the market after two asymmetrical quarters. Tesla reported second-quarter revenue of $28.2 billion, a record that topped analyst estimates of $27.6 billion. However, the 33 cents per share the company reported missed estimates from analysts ...

Applied Materials is set to report its third-quarter results in August, and analysts expect a double-digit earnings increase.

ASML is the IBD Stock Of The Day as the Dutch semiconductor equipment giant holds strong after its beat-and-raise Q2 earnings report.

Seagate appears well-positioned to deliver another strong quarter, supported by robust demand for high-capacity storage solutions.

President Donald Trump’s threat of 100% tariffs on generic drugs would seem to be a problem for Teva Pharmaceutical. It might not be.

Frank Bisignano spied on colleagues when he worked at JPMorgan. Bisignano, who also is the chief of Social Security, denied he ever spied on co-workers.

Lawmakers are examining whether employees and intermediaries in China affected marketplace decisions.

The chipmaker raised its data center revenue forecast despite a softer near-term sales outlook.

Pool (NASDAQ:POOL) reported a modest increase in second-quarter 2026 sales while maintaining its adjusted earnings outlook, as recurring maintenance demand and gains in building materials helped offset continued weakness in new pool construction and discretionary spending. President and CEO John Wa

Freeport-McMoRan Inc (NYSE:FCX, XETRA:FPMB) reported stronger-than-expected second quarter 2026 results on Thursday, with earnings and revenue topping Wall Street expectations, although shares edged about 2% lower as investors weighed a slightly reduced near-term copper sales outlook. The...

Nasdaq's Q2 earnings beat estimates as index and FinTech growth lifted revenues, expanded margins and drove record Market Services results.

Moby summary of Visteon Corporation's Q2 2026 earnings call

Moby summary of RTX Corporation's Q2 2026 earnings call

Moby summary of Dover Corporation's Q2 2026 earnings call

Moby summary of Ardagh Metal Packaging S.A.'s Q2 2026 earnings call

(Bloomberg) -- The Magnificent Seven group of megacap technology stocks is on track for its biggest one-day drop since the tariff tantrum in April 2025 as results from Alphabet Inc. and Tesla Inc. are casting doubt on the durability of the artificial intelligence trade that has powered the stock market for more than three years.Most Read from BloombergRetina Chip Designed to Restore Sight to Go on Sale in EuropeHegseth Turns to UNC, Virginia Tech After Dropping Ivy LeagueApple Plans Overhaul of

WASHINGTON, July 23 (Reuters) - The world's two biggest defense contractors, Lockheed Martin and RTX, said on Thursday they expect strong profits going forward because a wave of global conflicts from Iran to Ukraine has depleted Pentagon ‌stockpiles that will need replenishing. Investors cheered the news, pushing shares of Lockheed up 10.

Moby summary of Albertsons Companies, Inc.'s Q1 2026 earnings call

For the third quarter in a row, Rollins failed to live up to the market's quite lofty expectations.

$888.2 billion That's how much the Mag Seven tech stocks have collectively lost in market value today, as of midday trading. It's the biggest one-day market cap decline for those names since the tariff turmoil of April 2025.

American Airlines Group Inc (NASDAQ:AAL, XETRA:A1G) shares fell about 8% Thursday after the carrier reported better-than-expected second quarter results but issued a cautious outlook for the third quarter amid rising fuel costs. The company reported adjusted earnings of $0.15 per share for...