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Klarna shares are heading toward their worst day since February. The "buy now, pay later" service provider reported earnings before the bell today. Shares plunged 19% in early trading after the company cut its 2026 revenue guidance below Wall Street estimates.
Goldman Sachs struck its second deal in a week as the firm pushes ahead with plans to grow its $4 trillion money-management arm. The company will pay as much as $410 million to buy LCN Capital Partners, a commercial real estate investor that focuses on sale-leaseback agreements and triple-net leases. Todd Gillespie has more on "Bloomberg Open Interest."
Aptiv PLC recently reported its second-quarter 2026 results, showing sales of US$3,274 million versus US$3,199 million a year earlier, while net income declined to US$248 million from US$393 million and the company continued a large share repurchase program totalling about 52.51 million shares for roughly US$3.26 billion since August 2024. Soon after these results and moderated third-quarter guidance, Aptiv was added to the Zacks Rank #5 (Strong Sell) list following a 10% downward revision...
Kailera Therapeutics raised one of the biggest obesity biotech IPOs in recent memory, then watched its stock drop nearly 30%. Now several of the world's largest drugmakers have a compelling reason to make a move before pivotal trial data arrives.
Klarna Group (NYSE:KLAR) reported second-quarter results above its guidance across volume, revenue and transaction margin dollars, while raising its full-year transaction margin outlook despite lowering its volume forecast because of softer consumer spending in Germany and currency effects. Chief E
Pony AI (NASDAQ:PONY) reported second-quarter 2026 revenue of $36.2 million, up 69% from $21.5 million a year earlier, as growth in its robotaxi business accelerated and its fleet expanded to approximately 2,000 vehicles. Chairman and CEO James Peng said robotaxi revenue rose 691% year over year to
Hesai Group (NASDAQ:HSAI) reported second-quarter 2026 revenue growth and a fifth consecutive quarter of GAAP profitability, while outlining an expanded strategy centered on LiDAR, spatial intelligence and robotic actuation modules. Total net revenue rose approximately 22% year over year to RMB 861
Baidu (NASDAQ:BIDU) said its AI-powered businesses accounted for half of its general business revenue in the second quarter of 2026, as the company reported rapid growth in AI cloud infrastructure and outlined continued investment in chips, models, applications and autonomous driving. Total revenue
HIVE Digital is accelerating its GPU cloud push with a five-year $70M ARR contract, a $200M ARR target and Bitcoin mining funding AI and HPC growth.
According to NBC News, the lawsuit asks a federal court in Washington, D.C., to block the FCC from taking action against the Disney and ABC stations over the early renewals.
Snowflake CEO Sridhar Ramaswamy joins Bloomberg Open Interest in an exclusive interview to explain why the next phase of enterprise AI is about economics, not simply using the biggest model available. He breaks down how model routing can cut AI costs, why relying on a single model creates risk, and how AI agents could shift workers from repetitive tasks toward higher-value jobs.
Retailer Home Depot (HD) and buy now, pay later service Klarna (KLAR) both released their second quarter earnings results on Tuesday, helping shed some additional light on the health of the US consumer. Morning Brief Host Julie Hyman is joined by Yahoo Finance Tech Editor Dan Howley and Barron's associate editor Al Root to cover what this all signifies about the ongoing strength of consumers.
Aug 18 (Reuters) - Wall Street's main indexes opened lower on Tuesday, as diminishing prospects for a peace deal between the U.S. and Iran kept oil prices elevated and government bond yields at multi-
An oil tanker is moored at a loading buoy at the Caspian Pipeline Consortium that has been out of service for almost nine months, a sign the facility is resuming operations.
Bank of America’s latest monthly survey of fund managers has found that they remain optimistic about the AI-driven stock rally. Among its findings: The share of fund managers who said they are overweight equities is at its highest level since November 2021.
The agency has launched probes into the company’s DEI practices and equal-time rules in the wake of criticism of President Trump by Jimmy Kimmel and “The View.”
Klarna slashed its full-year 2026 gross merchandise value guidance to $149 billion - $151 billion, down from its previous forecast of more than $155 billion.
Ackman put new capital to work in the second quarter of the year.
ByteDance Ltd., the developer of TikTok, has attracted more than $30 billion of orders for its jumbo syndicated loan, people familiar with the matter said, indicating strong interest from lenders as the Chinese technology giant ramps up investments in artificial intelligence.
CVS delivers strong Q2 growth and raises 2026 targets, but Caremark pressures and medical costs are likely to shape its next move.
Publicis Sports is teaming up with Kansas City Chiefs tight end Travis Kelce to tackle the Wild West of college athlete endorsements. The Publicis Groupe unit today announced Tekta, a name, image and likeness business to help brands select, structure and measure partnerships with student athletes and schools. Kelce will serve as an adviser, while the talent management firm that represents him, 3 Arts Sports, steps in as strategic operating partner.
The deal includes $260 million upfront and up to $150 million more tied to performance targets, with about 80% paid in stock
Jefferies analyst Corey Tarlowe says Target still holds more upside than Walmart heading into earnings this week, and his reasoning comes down to a metric most investors overlook when a stock has already surged 47%.
Investing.com -- ShengShu Technology, an artificial intelligence video platform backed by Alibaba Group Holding Ltd., is exploring a Hong Kong initial public offering that could raise more than $500 million, Bloomberg reported Tuesday.
Up to $1.4 trillion That's how much four states are seeking in damages from Meta in a trial starting today, accusing the owner of Facebook and Instagram of contributing to a crisis in youth mental health.
FORT Robotics plans to go public through a business combination with Newbury Street II Acquisition (
Upcoming financial catalysts for Tuesday, August 18th, focusing on earnings results from Home Depot (HD) and Toll Brothers (TOL) along with key housing starts and building permits data.
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