News

Sale follows 30% rebound in the stock year to date.

Chainlink just landed a deal touching 1.7 billion bank accounts, yet LINK sold off hard within hours. The gap between what the announcement says and what it actually promises for token holders tells a very different story.

Anthropic says Claude identified a novel enzyme system with characteristics reminiscent of CRISPR

Trump floated banning US diesel exports and refiners immediately started selling off, but the gap between a presidential preference and a signed policy is where billions in market-leading gains now hang.

Sale follows stock's 268% rise over the past year.

The coffee chain's board approved a restructuring plan last year; a second round of closures is now underway

Gwynne Shotwell's proposed transaction follows an option exercise and was arranged under a trading plan adopted in June.

Tesla will have product demos for the Cybercab, Semi and new Roadster planned within the span of a month. The stock edged lower Thursday.

The yield on the 10-year Treasury note shot up 0.15 percentage point to 5.11%, its highest level since 2007. The upshot will be higher borrowing costs throughout the economy if yields don’t return to their previous levels. Mortgage rates already are heading toward 7%, or even higher, threatening to depress an already weak housing market in many parts of the country.

BMO and Evercore cut targets and estimates but kept Outperform ratings on the stock

SpaceX stock drops 4% as 328 million shares unlock ahead of Starship Flight 14, its first orbital and paying mission.

US benchmark equity futures were tracking in the red before the opening bell Thursday as markets loo

Netflix (NFLX) stock trades near $71, about 43% below its high of the past year, and it lost 6.6% in the past week. The market did not fall with it: The S&P 500 returned 16.5% over the past twelve months. So without any shock at all, Netflix is already down more than its average fall in past market shocks. What would a real crash add.

The odds of a Fed rate hike in October climbed above 75%, up from roughly 49% just a week ago

Snap (NYSE: SNAP) faces more than 2,500 federal lawsuits alleging its platforms contribute to social media addiction among minors. Snap, Meta, TikTok, and YouTube reached a landmark settlement with Breathitt County School District, the first multi-platform resolution with a school system. The Breathitt County agreement covers claims that social media products strained district resources by contributing to student mental health and discipline issues. The escalation of addiction lawsuits and...

Starbucks plans to close hundreds of cafés across North America this week, the latest move under Chief Executive Brian Niccol to streamline and boost the profitability of its operations. The closures mark the second round of café cuts under Niccol, who joined the coffee giant in September 2024. The company’s fiscal year concludes later this month, which is around the same time when Niccol announced hundreds of store closures last year.

Artificial intelligence companies may be building far more compute than it ultimately needs, according to Tyler Saltsman, CEO of EdgeRunner AI. The compute being built is “a little overkill,” Saltsman told Benzinga. “I think what will happen is AI will...

Benchmark and longer-dated Treasury yields continue to push higher after yesterday's big surge. The move is mirrored across developed nations' debt, with Japanese, French and U.K. bond yields all strengthening.

Supported by several partnerships, analyst confidence in Palantir remains moderately bullish, despite the stock lagging behind the Dow over the past year.

The case dates to 2022, with Sonate alleging Beyond Meat’s ad campaign with Dunkin’ Donuts was likely to confuse consumers.

Stocks trading between $10 and $50 can be particularly interesting as they frequently represent businesses that have survived their early challenges. However, investors should remain vigilant as some may still have unproven business models, leaving them vulnerable to the ebbs and flows of the broader market.

Stocks were on track to open lower on Thursday as investors continued to worry about the run-up in bond yields, which just surged to their highest level in nearly two decades. Nasdaq 100 futures dropped 0.6%. The selloff came as bond yields rose again.

Wall Street thinks that this robotic surgical systems leader's sell-off is overdone.

According to The Fly, TD Cowen lowered the firm's price target on McDonald's to $270 from $282 and maintained a ‘Hold’ rating on the shares after attending the company's Investor Day.

The low valuation multiples for value stocks provide a margin of safety that growth stocks rarely offer. However, the challenge lies in determining whether these cheap assets are genuinely undervalued or simply on sale due to their potentially deteriorating business models.

European stock indexes opened in the red, with higher borrowing costs and high oil prices weighing on sentiment.

Google signals an accelerated AI push as competition intensifies, particularly from Meta’s Muse AI agent.

Wu laid out an ambitious roadmap for chips, models and infrastructure that stretches years into the future.

DLC’s Adam Ifshin and Randhurst Village (DLC, Newmark)Investment momentum in the Chicago suburbs continued this week with a $95 million sale of a shopping center that last sold for $50 million in 2015. Elmsford, New York-based retail specialists DLC sold the Randhurst Village shopping center in Mount Prospect to Henderson, Nevada-based Rhino Investment Group after leading a turnaround effort of the property, which is anchored by Costco, Jewel-Osco and the Home Depot. DLC bought Randhurst Village

The company is recalling 98,828 vehicles, according to a filing posted by the National Highway Traffic Safety Administration (NHTSA).