News
High-signal headlines only - macro events, earnings, M&A, regulatory. Listicles and analyst clickbait filtered out by default. Refreshed hourly.
Anthropic PBC is set to finalize an expansion of its revolving credit facility to $15 billion, according to people familiar with the matter, clearing a hurdle before the artificial intelligence firm's public filing for its highly anticipated IPO. Morgan Stanley is leading the process, the people said. Goldman Sachs Group Inc. and JPMorgan Chase & Co. also have prominent roles on the facility, along with Citigroup Inc., they said. The four lenders are also leading the IPO, Bloomberg News has reported. The Claude chatbot maker is seeking to raise as much as SpaceX or more in the initial public offering, people familiar with the preparations have said. Companies typically finalize the revolver before they notify banks of their formal roles in a listing. For more, we speak with Bailey Lipschultz, Senior Equities Reporter for Bloomberg News.
A Goldman Sachs strategist revealed the market returns investors can realistically expect in the next 12 months.
"Every time we take a deep dive into this sector, we find that capex is rising faster than we anticipated, financings are becoming more complicated and less transparent, and that returns on investment will take years to realize." Here's how the rating agency breaks down some of the things that could go wrong, taking inspiration from former defense secretary Donald Rumsfeld's quote about the things you know...and those you don't. Unfortunately, as Rumsfeld pointed out, they also "tend to be the difficult ones.”
Lululemon Athletica Inc. lowered its full-year outlook for a second straight quarter, reflecting the deepening challenges incoming Chief Executive Officer Heidi O'Neill will face when she takes over the top job next week. Sales are now projected to be in a range of $10.35 billion to $10.5 billion in the current fiscal year that ends in early 2027. That's down from June's annual forecast, which was itself reduced from the previous view. The company also trimmed its outlook for earnings per share after reporting its first decline in comparable sales since the pandemic when they temporarily stopped reporting the measure. We get reaction from Poonam Goyal, Senior US Retail Analyst for Bloomberg Intelligence.
Citigroup has officially abandoned its expectations for Federal Reserve interest rate cuts in 2026.
Diesel at record highs, beef prices surging, mortgage rates climbing, and consumer confidence cratering. A web of pressures is tightening around the economy all at once, and the Fed may have far less room to maneuver than anyone wants to admit.
(Updates with index/price moves, macroeconomic data and company news from the first paragraph.) U
Adobe stock has been a laggard in the software in the sector, but new CEO Anil Chakravarthy hopes to turn things around.
GoPro is surging on a merger that turns a camera company into an optical-transceiver play, and a famous YouTuber just became its largest individual shareholder. Here is what the move actually means against a backdrop of proven incumbents already delivering billion-dollar datacenter revenue.
The maker of Mounjaro and Zepbound just signed its 13th deal of the year.
Ionis Pharmaceuticals wins regulatory clearance for its quarterly injection, Zanvastro, in Alexander disease. Analysts are focused elsewhere.
Zscaler posted a clean earnings beat and still sent the whole cybersecurity sector into retreat, raising an uncomfortable question about whether even the strongest growth numbers can justify where these stocks are priced right now.
All three major US stock indexes were down on Friday after a strong August jobs report increased exp
The Dow Jones Industrial Average, S&P 500 and Nasdaq edged lower today as a strong August jobs report provided another datapoint for Federal Reserve policy expectations. Also, diesel prices hit a record high, and another retail brand, Lululemon Athletica, took an earnings hit.
Chip stocks are standing out in what's shaping up to be a weak day on Wall Street. The Nasdaq has joined the other major indexes in trading lower after the jobs report as semiconductor stock gains weren't enough to offset broader weakness. The downturn came after news that the U.S. economy added more than double the jobs expected in August, fueling a brief spike in already high Treasury yields.
A strong jobs report hints at a healthy labor market, while simultaneously bolstering the case for an interest rate hike at the Fed's meeting later this month.
Oracle stock climbed for a third consecutive day Friday as the enterprise technology giant prepares to release its earnings.
Corpay (CPAY) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Nutrien (NTR) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Motorola (MSI) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Disney (DIS) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
CDW (CDW) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Albemarle (ALB) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Dynatrace (DT) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Uber (UBER) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
TTM (TTMI) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
SolarEdge (SEDG) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
MKS (MKSI) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.