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U.S. stocks fell as a deepening selloff in semiconductor shares and a sharp drop in Netflix extended a bruising week for technology investors, while oil prices surged on escalating U.S.-Iran tensions.

A new AI model from China is worrying Wall Street and keeping pressure on tech stocks.

MARKETS PM NEWSLETTER This is an edition of the Markets P.M. newsletter, a recap of the day’s most important markets moves, delivered after the closing bell. If you’re not subscribed, sign up here. What Happened in Markets Today The chip-stock selloff deepened, dragging the tech-heavy Nasdaq down 1.

Streaming giant projects slower sales growth with revenue and earnings guidance below analysts' estimates.

Options markets imply a 15% move in either direction.

Earnings miss leaves shares facing a tougher technical setup

A last-second engine abort scrubbed the 13th Starship test, with Musk targeting another attempt next week

JPMorgan is preparing to raise its quarterly dividend by 10% after clearing the Federal Reserve's stress test, reinforcing confidence in its capital strength and shareholder return strategy.

Nike's restructuring, which it launched in April 2026, has already led to several store closings, layoffs, and an exit from a business partnership. And now the popular sneaker company has closed two more locations on opposite sides of the country as part of its national retail strategy, according ...

July 17 (Reuters) - Elon Musk's SpaceX is in talks to provide the U.S.

Elon Musk's SpaceX is in talks to provide the U.S. Department of Defense with access to ‌data center capacity worth billions of dollars to run ‌AI models, the Wall Street Journal reported on Friday, citing people familiar ​with the matter. Such an agreement would extend the Pentagon's existing relationship with SpaceX, a key partner for rocket launches and satellite-based communications and missile tracking. According to the report, SpaceX employees have discussed ‌plans to compete ⁠more directly with neocloud firms such as CoreWeave by selling computing capacity to AI customers at lower ⁠prices.

Tesla said in a post on X on Friday that it has opened a new public Megacharger station in Bloomington, California, marking what the company’s team described as “the beginning of the Megacharger network.”

The company plans to expand its capacity by 30% in the next two years.

U.S. oil prices extended their summer rally and ended the week 16% higher at $82.49 a barrel, as producers from the Middle East to West Texas bet against the Strait of Hormuz returning to normal soon.

Boeing shares edged higher after the plane maker won back the authority to perform final safety sign-offs on its newly produced 737 MAX and 787 Dreamliner jets. Starting next week, Boeing employees, working on behalf of the Federal Aviation Administration, can issue airworthiness certificates, which airlines need before using the aircraft to fly passengers. Boeing had lost the privilege after a series of safety and quality problems.

The company would provide billions of dollars’ worth of data-center capacity under the arrangement, people familiar with the matter said.

📣 “The way that we see the long-term in Iraq is you are going to see that the Henry Hub and the Cushing of the U.S., for the Middle East will be in Iraq.” —Jake Spiering, Chevron’s incoming president for business development, on the oil major’s bet that Iraq will develop as the most important regional hub for physical oil-and-gas trading.

(Bloomberg) -- ConocoPhillips joined dozens of US firms from the energy, healthcare, finance and tech sectors in signing some $60 billion in deals to lift the Iraqi economy.Most Read from BloombergFCC Near Rulings Against Disney Over ‘The View,’ TV LicensesChip Stocks Poised for Bear Market in AI Unwind: Markets WrapGoogle Gemini Launch Delayed as Tech Falls Short of Internal GoalsChina’s Moonshot Unveils AI Model, Fueling Tech RoutThailand Scraps Plan to End Visa-Free Entry for Indian TouristsT

Alcoa shares tumble as management cuts full-year alumina production guidance. But should you load up on AA stock on the post-earnings dip?

The internet map of the world is not drawn by engineers. It is drawn by lawyers, by regulators, and by whoever is willing to sign the local paperwork. A rocket can reach any patch of ground on Earth. A license cannot. That gap between what a technology can do and what a government will let it do is ...

Investing.com -- Profit-taking in AI names, a decline in IBM, and a disappointing Netflix outlook have helped push markets lower this week, while rising oil prices offered one of the few pockets of strength.

Meta is in early talks to rent its computing power to Anthropic in what could be a multibillion-dollar deal, as the social media company plans...

Robinhood Markets (NASDAQ: HOOD) has had a busy few weeks. A new blockchain launch, a wave of Wall Street attention, and now, days before its next earnings report, a fresh vote of confidence from one of the biggest names on the Street. Goldman Sachs has raised its price target on Robinhood to ...

HONA combines aerospace scale, a sizable backlog and recurring revenue, with valuation hinging on consistent standalone execution.

Omada, an Eli Lilly partner, has soared more than 118% in just a few months, moving up the right side of a new base.

The first significant over-the-air (OTA) software update has begun rolling out for the Rivian R2, adding key features like Launch Mode, Pet Comfort, Gear Guard, and a host of other improvements. While the new features and enhancements are welcome, Rivian (RIVN) is emerging as one of the only Tesla ...

July 17 () - Foodborne illness outbreaks have repeatedly disrupted U. restaurant chains, triggering recalls, lawsuits and heightened regulatory scrutiny while pressuring customer traffic and sales.

By Joey Roulette WASHINGTON, July 17 (Reuters) - SpaceX is targeting Monday for another attempt to launch its Starship rocket after a last-second abort during engine ignition on Thursday, a brief

Raj Subramaniam became the second-ever CEO of FedEx by taking every opportunity thrown his way—including his roommate’s job interview.

The "Shark Tank" investor has popularized the idea that consistent, modest investing can build substantial wealth by retirement. The concept is grounded in compound growth, and O'Leary believes the market's returns over 30 to 40 years do the heavy lifting. But with inflation running hotter than expected in 2026 and the U.S. personal saving rate at just 3.0%, the real question is whether ordinary savers can actually stay the course long enough for the math to work. … Kevin O'Leary Says Investing