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Fresh off its best week since April, the stock market suffered a bit of a hangover on Monday. The Nasdaq Composite slipped 0.3%. The combination of higher oil prices and bond yields were pressuring stocks.
The Wendy's Company (NASDAQ:WEN)’s traded down more than 5% on Monday after Jefferies highlighted a weaker-than-expected second quarter same-store sales performance and said near-term trends could remain challenged as the company’s new leadership team works on a strategic plan. Wendy’s...
Intel Stock Falls as Chip Giant Unveils $15 Billion AI-Focused Funding Plan
(Updates with index/price moves and geopolitical news from the first paragraph.) US equity indexe
The company is fighting to protect itself from liability in multiple cases of social media addiction and a potentially crushing wave of payouts.
Warner Bros. Discovery Inc. executives on Thursday said the streaming bundle with The Walt Disney Co. is generating measurable benefits, helping reduce customer cancellations. Disney Bundle Is Driving Better Streaming Metrics During Warner Bros. Discovery’s second-quarter earnings call, an analyst...
Nvidia Bets Billions on AI Power: Chip Giant Eyes $3 Billion Lancium Deal
Tim Cook recently acknowledged that consumers should expect to pay higher prices for Apple products in the near-future as the company can no longer absorb surging costs for memory and storage components. This situation, the CEO noted, has become unsustainable even though the company is doing its best to mitigate it. This pricing pressure has […]
After years of acquisitions and spin-offs, the bank technology vendors are under pressure to sell parts of their businesses.
Trade Desk stock is sliding again while its ad tech peers barely flinch, and the reason behind that split says something uncomfortable about where the programmatic giant stands right now.
Platforms like Meta, TikTok, Snapchat, and Google are facing a long road of litigation.
The company has been in talks with TSMC to secure manufacturing capacity for more than 300,000 units for delivery in 2027
While Sandisk is growing rapidly, investors anticipate softer NAND pricing ahead. This has weighed on SNDK stock.
DJT shares are taking another hit while the broader market climbs, and the pile of political and regulatory pressure building against Trump Media suggests today's drop may be the least of shareholders' worries.
The appeals court ruled Section 230 provides a liability defense, not immunity, making Meta's appeal premature
Apple could be making a major change to its plans for a future iPhone lineup, which could push back future price increases, according to one group of analysts.
The rocket company's stock hit its offering price Monday for the first time since July 15, recovering from a close as low as $108.27
AppLovin shares slide 17% after Q2 as a revenue miss and execution concerns overshadow strong growth and upbeat Q3 guidance.
Sen. Elizabeth Warren (D-Mass.) raised concerns over President Donald Trump‘s new Truth Social premium data service during a congressional hearing Thursday, questioning whether allowing Wall Street firms to pay for faster access to presidential posts undermines market integrity. Congressional Hearing...
Apple Inc (NASDAQ:AAPL, XETRA:APC) shares fell about 2% on Monday after Jefferies downgraded the stock to Underperform, citing challenges in Apple’s efforts to develop higher-priced iPhone models and lift average selling prices. Along with the rating downgrade, Jefferies lowered its price...
While many investors expected the stock to crash last week, it ended up rising.
Strategy's latest 8-K just sent shockwaves through the entire Bitcoin mining sector, and the fallout raises a bigger question about whether Michael Saylor's capital pivot is only getting started.
By Diana Novak Jones Aug 10 (Reuters) - A U.S. appeals court on Monday allowed thousands of lawsuits to move forward against Meta Platforms, Alphabet's Google, ByteDance's TikTok, and other social
The provider of monitoring and observability technology reported a notable insider sale amid a 113% one-year total return on its stock.
Sionna said on Monday that its mid-stage trial of SION-719 in 15 adults with cystic fibrosis already taking Vertex’s Trikafta failed to meet its main goal.
Monday.com’s reported adjusted earnings of $1.48 a share, beating expectations. But revenue guidance for the third quarter comes in a bit soft for Wall Street.
Elon Musk has battled plunging stock prices before.
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