
Homebuilder sentiment in the US barely improved this month as elevated construction and borrowing costs continued to restrain the housing market.
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Homebuilder sentiment in the US barely improved this month as elevated construction and borrowing costs continued to restrain the housing market.

$2.2 billion That’s the stake that Harvard University’s endowment fund holds in SpaceX, according to a Friday securities filing. It amounts to roughly 12.9 million shares. That’s a much bigger investment than in other major tech companies, the document showed: By comparison, Harvard Management has a roughly $350 million stake in Taiwan Semiconductor Manufacturing and $234 million worth of Amazon shares.
The Target bull stampede has been in full effect.

Aug 17 (Reuters) - The S&P 500 opened subdued on Monday as markets weighed the prospect of renewed tensions between the U.S. and Iran, while the report of a strong revenue forecast from AI lab

There is a version of the AI trade that everyone can see. Nvidia sells chips. Hyperscalers buy chips. The money flows one direction. It's a clean story. The SEC filing Nvidia dropped on August 14 tells a different version of that story, one where the chip supplier is also one of the largest ...

Spending at SpaceX is poised to increase significantly.
Tech stock coverage for the week of Aug. 17.
Tech stock coverage for the week of Aug. 17.
Tech stock coverage for the week of Aug. 17.

Financial influencers are reshaping how consumers manage their money—and how brands win their trust, Elyse Goncalves reports for The Wall Street Journal. Less regulated and more widely accessible than the traditional financial services industry, these “finfluencers” use battle-tested growth tactics to capture attention. Stock picker Timothy James, 38, says he’s used rage-baiting lines to drive views, while U.K. creator Leo Gibson relies on radical relatability.

Aug 17 (Reuters) - Uber Technologies and Zipline announced a partnership on Monday to bring autonomous drone delivery to Uber Eats customers across the United States.

Uber Technologies and Zipline announced a partnership on Monday to bring autonomous drone delivery to Uber Eats customers across the United States. The tie-up was accompanied by Uber making a strategic investment in the drone delivery company. • Uber declined to comment on Reuters' request seeking financial details of its investment in Zipline.

Estee Lauder (EL) is likely to provide full-year guidance in line with its preliminary expectations,

Fulcrum Therapeutics (NASDAQ:FULC) has entered into an all-stock merger agreement with privately held Slate Medicines, a migraine-focused biotechnology company, in a transaction expected to close in the fourth quarter of 2026, subject to stockholder approval and customary closing conditions. Alex S

Walmart (WMT), Target (TGT), Home Depot (HD), and Lowe's (LOW) are all reporting quarterly earnings results next week. RBC Capital Markets director of US equity research, Steven Shemesh, explains how Walmart's and Target's upcoming results could suggest about the health of the consumer.

Alphabet is looking to raise about $3.6 billion in what would be its debut bond offering in Australia, according to people familiar with the matter. Initial price guidance on the deal may be provided as early as Tuesday, with the notes potentially pricing the following day. Mandeep Singh of Bloomberg Intelligence has more.

Nvidia will invest $1.5 billion in SoftBank-backed <9984.T> SB Energy and secure up to 8 gigawatts of AI computing capacity at an Ohio campus being built by the data center developer for OpenAI. The deal is the latest where Nvidia is financing the ecosystem consuming its chips, a strategy that has helped fuel demand but also drawn scrutiny over the circular flows of funds from the chipmaker to its biggest customers. Leading tech firms are increasingly tying together chips, power and data center development as they race to secure the infrastructure needed for increasingly power-hungry AI models.
Investing.com -- President Donald Trump threatened military action against Oman if the country interferes with the U.S. blockade of Iranian ships in the Strait of Hormuz, according to Fox News.

Editor’s Note: The story has been refreshed with the latest market price action. Luigi Mangione, the man accused of killing UnitedHealth Group Inc CEO Brian Thompson, is expected to plead guilty in the federal case involving Thompson’s death. Guilty Plea...

Groq has raised $350 million in funding at a $3.5 billion valuation, roughly half what it was worth nearly a year ago before Nvidia Corp. struck a licensing deal with the startup and hired away much of its talent.The financing, set to be announced Monday, was led by Dallas-based investment firm Disruptive. Nvidia is also set to invest in the round, according to a representative for Groq. Nvidia did not respond to a request for comment. Founded in 2016, Groq was among the companies developing the

Uber is teaming up with drone startup Zipline to take its delivery service to the skies, a move aimed at winning customers demanding ever-quicker turnaround times for takeout, grocery and retail orders.

Chief economist Jan Hatzius cited soft retail sales, weak employment data, and slowing inflation in a Sunday client note
Investing.com -- Bernstein said global electric vehicle demand recovered in the second quarter, with the U.S. market showing signs of stabilization after a weak start to the year.

L3Harris Technologies has parted ways with Christopher Kubasik, its chairman and chief executive, after determining that the executive had violated the defense contractor’s code of conduct.

Serve Robotics said on Monday it is partnering with Grubhub to fulfill orders on the food delivery platform using its sidewalk delivery robots, tapping a new marketplace days after its years-long tie-up with Uber Eats fell through. The San Francisco-based robotics company, known for its boxy, four-wheeled robots delivering Uber Eats and DoorDash orders, said its tie-up with Grubhub will initially launch in Chicago, Los Angeles and Alexandria. The partnership comes as Serve is set to lose its Uber delivery alliance early next year.

Many S&P 500 investors don't pay much attention to the number of letters in their stocks' symbols. But maybe they should.
Asking for a Trend Host, Josh Lipton breaks down what investors should be on the lookout for the week of Monday, August 17, including opening arguments in the Meta (META) social media addiction trial, earnings from Walmart (WMT), Target (TGT), Lowe's (LOW), and Home Depot (HD).

Alibaba Group Holding Ltd. launched the beta version of an artificial intelligence music-generation model that can turn a single text prompt into a fully produced song, expanding the Chinese technology giant’s push into generative AI.

Wall Street kicked off the week with a flurry of bold calls on some of the market's most closely watched names, and at least one stock just scored a target price hike of more than 50 percent from a major firm.
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