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Shares of Elon Musk’s SpaceX suffered their seventh straight day of declines, falling 3.3% to $119.85. SpaceX, whose stock is now well below its $135 offering price from June, on Monday dropped below Meta Platforms to become the eighth-largest U.
CNN Media Analyst Sara Fischer reacts to the decision.
A federal judge imposed a 14-day pause, with an Aug. 3 hearing set to review the merger challenge.
Two-thirds of Jersey Mike’s offered shares will be from existing shareholders, meaning the injection of new capital will be relatively small.
SpaceX (NASDAQ: SPCX) has officially set the date for its premier earnings debut as a public company. The aerospace titan announced it will release its second-quarter 2026 financial and operational results after market close on Tuesday, August 4, 2026. Management will host a live, audio-only webcast to discuss the quarterly performance at 3:30 p.m. CT / 4:30 p.m. ET, with pre-registration and replays available via ir.spacex.com. While first-quarter earnings reports are always closely watched, th
China's AI startup plans global expansion after a record funding round valued above $50 billion.
<body><p>STORY: Citing Alphabet's Google and Elon Musk's Tesla as examples, Brown said that "to justify the high valuations that we see in a lot of those names, we would need to see good earnings growth, not just kind of your run-of-the-mill 10%, but you'd want to see higher earnings growth on top of good margins as well."</p><p>The second-quarter earnings season will pick up the pace this week, with results due from big names like Alphabet, Tesla, and Intel, broadening out the picture they provide of the health of corporate America.</p></body>
Rare earth stocks have been a ticket for riding a roller coaster for over a year, but the latest descent has been particularly brutal. Downward momentum gathered steam last Thursday, after the International Energy Agency's Global Critical Minerals Outlook 2026 edition highlighted a planned surge in mining capacity well beyond expectations of refining and magnet production. MP Materials, USA Rare Earth, Critical Metals, Energy Fuels and American Resources all fell by more than 10% last week and some stocks continued to fall on Monday.
Google reported its Q2 earnings after the bell on Wednesday.
Intel is set to report earnings Thursday afternoon, with traders anticipating a sizable move from the chipmaker’s stock following the results.
There are only two AI leaders that matter in the fight for coding supremacy right now, and neither is backing down from the other. Anthropic’s Claude Fable 5 remains the benchmark every Chinese lab measures itself against, and two different companies made that exact comparison within three days. ...
Strong services growth may offset weaker product margins
Walt Disney Co (NYSE:DIS, XETRA:WDP) is scheduled to report fiscal third quarter results on August 5, with UBS analysts expecting accelerating earnings growth as first-half headwinds ease and forecasting the company will maintain its fiscal 2026 guidance. UBS expects Disney to report fiscal...
Gene-editing biotech targets up to $242.7 million valuation, with initial ASCVD trial data expected in 2027.
Netflix (NFLX) shares had a rough week, and Wall Street can't agree on what will happen to the stock next. The company's earnings came in close to Wall Street expectations. However, investors sold the stock anyway. Netflix Shares closed at $68.95 on Friday, July 17, down 7.26% on the day after ...
Court strips shareholder case of class-action status
Meta Platforms Inc (NASDAQ:META, XETRA:FB2A, SIX:FB) is expected to deliver second quarter results above Wall Street expectations when it reports earnings on July 29, according to Bank of America analysts, who believe that healthy advertising demand and AI-driven improvements should support...
Tesla heads into Wednesday's Q2 earnings report with a 17% year-to-date loss and a valuation that assumes autonomy will eventually justify everything. Whether this week's call rebuilds confidence or deepens the skepticism depends on a few critical numbers Wall Street is watching closely.
The ruling comes after a coalition of 12 states sued to block the deal, arguing it would harm consumers and the entertainment industry.
Microsoft Corp (NASDAQ:MSFT)'s fiscal fourth quarter results will be a key test of the company's AI execution, with Azure growth, AI infrastructure spending and Microsoft 365 Copilot adoption expected to be the main focus when the software giant reports, according to Bank of America...
Last week, a coalition of 12 attorneys general filed a lawsuit that challenges the $110 billion acquisition, arguing that the deal.
Judge Araceli Martínez-Olguín’s Monday ruling puts the deal on hold for two weeks while she considers a broader antitrust legal challenge brought by a coalition of 12 state attorneys general, led by California AG Rob Bonta.
A federal judge has paused Paramount Skydance's takeover of Warner Bros. Discovery in response to a lawsuit last week from a dozen state attorneys general looking to block the deal on antitrust grounds.
Every movie you have ever loved has lied to you. The city skyline was a matte painting. The shark was rubber and it barely worked. The crowd of 40,000 was 400 extras and a lot of patient duplication. Audiences have never actually wanted the truth from a screen. We want the trick to hold. Hollywood ...
Anthropic is reportedly setting up meetings with investors, a sign that its IPO could be coming soon.
With Tesla's earnings days away, options desks are flashing an unusually bearish signal, and a credible new rival is arriving just in time to complicate the story for bulls still betting on the Elon Musk premium.
A federal judge on Monday temporarily blocked Paramount from completing its $110 billion acquisition of Warner Bros. Discovery.
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